Ethereum Plummets 30% In 5 Days From Some Bad SUSHI

The DeFi frenzy had a positive feedback loop to Ethereum price as long as the “music played.” The SushiSwap fallout is still unfolding, but the Ethereum and DeFi communities are likely to take this lesson to heart and make the appropriate adjustments moving forward. Source Author: Christopher Brookins, Contributor

Bitcoin Era Scam: Colombian Police Issue Warning After President Appears to Endorse Bitcoin

Police in Colombia has issued a warning about a fraudulent bitcoin investment opportunity. The scam targets social media users, convincing them that Colombian President Ivan Duque endorsed a bitcoin-related money making system. The Spanish-language scam website “announces” the news, claiming that Duque approves the investment system and officially endorses bitcoin. Read more…