Ferrari breaks new ground by accepting Bitcoin and Ethereum for luxury cars

Italian luxury car manufacturer Ferrari now accepts Bitcoin, Ethereum (ETH), and the USDC stablecoin for their high-end sports cars in the United States. The decision comes as the company aims to attract a new generation of customers. Ferrari has teamed up with crypto-payment processor BitPay to facilitate the conversion of digital asset payments into fiat […]

Decentralized Finance Protocol Zunami Falls Victim to Major Price Manipulation Attack

Blockchain security firm PeckShield has estimated that the Zunami Protocol suffered a loss of over $2.1 million in a recent attack on its stablecoin pools. The exploit was discovered by PeckShield on August 13th, with Zunami confirming the attack shortly after. The attack was attributed to a price manipulation issue. Ironblocks, another blockchain security firm, […]