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EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto

EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto

The recovery fund spearheaded by the EU is made up of €390 billion in grants and €360 billion in loans, which will be added to a new Multiannual Financial Framework (MFF), with the sum of €1.074 trillion as a seven-year budget. The heads of state and government have reached a unanimous agreement, resulting in a total financial package of €1.82 trillion.

Ethereum Backers Pledge 30,000 ETH to rsETH Recovery Post-Exploit

Ethereum Backers Pledge 30,000 ETH to rsETH Recovery Post-Exploit

Consensys and Joe Lubin commit 30,000 ETH to stabilize rsETH after a $290M exploit disrupted DeFi markets. Governance approvals pending.

Sentiment Recovers Stolen Funds with Bounty

Sentiment Recovers Stolen Funds with Bounty

Lending protocol Sentiment has recovered stolen funds from a recent hack by offering the hacker a $95,000 bounty. The hacker returned over $771,000 in Ether, and Sentiment also received an additional 51.75 ETH. The incident highlights the importance of companies taking bug bounties seriously.

FTX Group and Alameda Research Recover Crypto Assets

FTX Group and Alameda Research Recover Crypto Assets

Following a liquidity crisis and bankruptcy filing, FTX Group and Alameda Research are making progress in recovering lost crypto assets. FTX has reached a settlement with Modulo Capital and is seeking to claw back funds from Genesis Global, while Alameda Research received $60M from OKX in a recovery effort.

Euler Finance Hacker Returns Stolen Funds

Euler Finance Hacker Returns Stolen Funds

Euler Finance has recovered most of the funds stolen in a flash loan attack that drained millions of dollars from various tokens, including Dai and USDC. After negotiating with the hacker, Euler Finance convinced the individual to return the majority of the stolen funds, resulting in the recovery of 12 million DAI and 10,580 ETH. The crypto community has applauded Euler Finance's efforts to recover the funds and restore investor confidence.

Pantera Capital CEO Dan Morehead Predicts Bitcoin Price Rebound Despite Slow Economic Recovery

Pantera Capital CEO Dan Morehead Predicts Bitcoin Price Rebound Despite Slow Economic Recovery

In an investor letter, Dan Morehead Pantera Capital CEO explained why the current market environment could be a boom for Bitcoin as investors seek new opportunities.

Bitcoin Bulls Buy the Dip as Analytic Firm says BTC Price Recovery is Optimistic

Bitcoin Bulls Buy the Dip as Analytic Firm says BTC Price Recovery is Optimistic

Bitcoin’s price has recently corrected after weeks of making straight gains, what's next for BTC?

Binance Contributes to Recovery and Return of $10,000 of Stolen Crypto To a Targeted Investor

Binance Contributes to Recovery and Return of $10,000 of Stolen Crypto To a Targeted Investor

Binance affiliate crypto security expert Harry Denley helped a victim recover $10, 000 worth of lost cryptocurrency recently.

Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19

Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19

Bitcoin and altcoins have enjoyed a brief price surge on the back of news that President Trump could be discharged from hospital after his bout with COVID-19.

Chainlink (LINK) Price on Recovery, Litecoin (LTC) Trading 131% Above Expected Level Could Mean Bullish Bitcoin

Chainlink (LINK) Price on Recovery, Litecoin (LTC) Trading 131% Above Expected Level Could Mean Bullish Bitcoin

Chainlink’s (LINK) price has managed to see a slight rise, bouncing back from under $10 to temporarily over $13.

Polkadot Becomes Fourth-Largest Crypto by Market Cap, Dethroning Ripple's XRP

Polkadot Becomes Fourth-Largest Crypto by Market Cap, Dethroning Ripple's XRP

XRP’s woes continue, as its recovery on the cryptocurrency market seems unattainable in the near future.

World Economic Forum Launches New Blockchain Toolkit for Supply Chains to Support the World Through Post-COVID Economic Recovery

World Economic Forum Launches New Blockchain Toolkit for Supply Chains to Support the World Through Post-COVID Economic Recovery

The World Economic Forum (WEF) has just released its Blockchain Deployment Toolkit, aiming to enable companies of any size to be able to maximize the benefits of integrating blockchain technology in the supply chain sector. The toolkit allows companies to be able to get a better idea of how to handle deploying blockchain technology in regards to supply chain uses.

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