Binance Launches Mining Pool For Ethereum – November 13

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $16,238

Bitcoin price continued its rise above the $16,000 mark today, for now being rejected by the $16,500 level.

Top-20 altcoins appear to be relatively stable, as Ethereum and XRP each move less than 1%, while Litecoin stands out from the crowd with a 7% gain.

Top Stories for November 13, 2020 πŸ”₯

πŸ‘‰ Binance Launches Mining Pool For Ethereum

Popular cryptocurrency exchange Binance has launched an Ethereum mining pool, with fees 50% lower than close competitors.

The Ethereum mining pool comes seven months after Binance launched their Bitcoin mining pool, and will begin fee-less until December 12.

The pool distributes both block rewards and transaction fees, in a reward payout method known as full pay-per-share.

πŸ‘‰ Akropolis DeFi Platform Hacked For $2M Stablecoin Funds

Yet another decentralized finance (DeFi) protocol has fallen victim to hackers, as Akropolis lost $2 million today in the stablecoin DAI.

The attacker used a flash-loan from derivatives platform dYdX to fund the “re-entrancy” attack, which mistakenly allowed the hacker to steal DAI in $50,000 tranches.

πŸ‘‰ BitPay Launches Mass Crypto Payout Platform For Business

Crypto payments company BitPay has launched a new mass-payout platform for businesses, which will make mass crypto payments easier for companies, without having to hold crypto themselves.

The platform will be able to be used for payroll payments, affiliate payments, rewards payouts and more.