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DeFi protocol token NFD crashes by 99% after a flash loan attack

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Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols.

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Coin Market

Bitget plans Thai crypto exchange acquisition weeks after $388M hack

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The proposed acquisition would give Bitget a route into Thailand’s crypto market through a locally licensed operator.

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Coin Market

Mt. Gox pushes creditor repayment deadline to 2027 in sixth extension

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Mt. Gox extended its repayment deadline by another year as some creditors remain unpaid due to incomplete procedures and payment processing issues.

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JPMorgan projects Bitcoin to outperform US stocks and gold over next decade

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JPMorgan included Bitcoin in its long-term capital market outlook for the first time but warned that volatility and unstable correlations limit its role in investment portfolios.

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