Daily Crypto Report

"OCC issues scam warning " May 21st, 2021

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Today’s blockchain and cryptocurrency news

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Bitcoin is up 2% at $41,281

Ethereum is up 2% at $2,738
and Binance Coin is up 1% at $384.

Monero up 22%

Helium up 17%
Hex up 16%

Yield farming aggregator PancakeBunny was exploited via a flash loan attack.

Germany’s Trade Republic has pulled in a $900M Series C

Senator Jane Hume called cryptocurrencies an "asset class that will grow in importance."

The Office of the Comptroller of the Currency issues scam warning.

Elon Musk thinks the layer-2 payments network Lightning is needed on the Bitcoin network.

Links:

  • pancakebunny.finance on Twitter: "Attention Bunny Fam Our project has suffered a flash loan attack from an outside exploiter. We will be posting a post mortem, in depth analysis, but for the time being we would like to update the community as to how this happened." / Twitter
  • Germany’s Trade Republic lands $900 million investment led by Sequoia
  • Financial Services Minister Jane Hume says cryptocurrency is 'high risk' as Bitcoin falls | Daily Mail Online
  • US Agency Issues Alert Warning Consumers of Fraudulent Emails Seeking Bitcoin Wallet Keys - CoinDesk
  • Elon Musk on Twitter: "@BTCsessions @TeslaGong @wintonARK Achieving truly decentralized finance – power to the people – is a noble & important goal. Layer count depends on projected bandwidth & compute, both rising rapidly, which means single layer network can carry all human transactions in future imo. For now, Lightning is needed." / Twitter

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