Bitcoin News Roundup for Sept. 14, 2020

As some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

News  ·  14 September 2020

DeFi Lender bZx Reclaims $8M Stolen in Sunday’s Attack

DeFi lending project bZx has been able to recover about $8 million in cryptocurrency from an attacker who stole the funds after exploiting a code bug over the weekend.

News  ·  14 September 2020

First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve ‘Capture’

Though no fresh stimulus is expected this week from the Fed, bitcoiners betting on money printing could just wait for the next sell-off in U.S stocks.

Markets  ·  14 September 2020

DeFi Lender bZx Loses $8M in Third Attack This Year

An attacker found a way to mint unbacked iTokens that they could then redeem against other cryptos held in lending pools for DeFi lender bZx.

News  ·  14 September 2020

Yields of 25% to 42% Lure Lenders Back to DeFi Platform bZx

Lenders and depositors are coming back to bZx, as the decentralized protocol for margin trading offers significantly higher yields on ether deposits compared to its peers.

Markets  ·  5 March 2020

The 3 Factors Fueling Ether’s 2020 Rally

Several factors could explain ether’s spectacular gains and determine whether they will continue.

Markets  ·  26 February 2020

DeFi Insurance Firm Nexus Mutual Makes Its First Payout Following bZx Attacks

Nexus Mutual members voted to pay out two claims following the bZx flash loan attacks – a first for the DeFi insurance pioneer.

Tech  ·  20 February 2020

Everything You Ever Wanted to Know About the DeFi ‘Flash Loan’ Attack

Here's a plain-English breakdown of the bZx attacks and their broader implications for the budding DeFi markets.

Tech  ·  19 February 2020

DeFi Project bZx Exploited for Second Time in a Week, Loses $630K in Ether

The attacker manipulated price feeds in order to create and profit from an under collateralized loan.

News  ·  18 February 2020