
Nick Chong

Nick Chong Recent Articles

How $150m in Ethereum & DAI was used to steal $7m from a Yearn.finance competitor
It may seem like a broken record at this point but yet another decentralized finance (DeFi) protocol was recently exploited. And, once again, the…

Wall Street veteran Michael Novogratz held over 30,000 Bitcoin and 500,000 Ethereum at one point
Ever wondered how much cryptocurrency Wall Street veteran Mike Novogratz owns (or at least owned)? In a recent podcast, he recently answered this question…

This $700m cryptocurrency is about to see its first halving six months after Bitcoin
In May, Bitcoin underwent its long-awaited block reward halving. The number of coins mined per block was cut in half, leading many to expect…

Ethereum DeFi’s most enigmatic investor, “DegenSpartan” says this will be DeFi’s watershed moment
If you've followed DeFi on Twitter, you've likely heard of the name “DegenSpartan.” The pseudonymous investor, believed to be based in Asia, has become…

$3b DeFi protocol Uniswap (UNI) just had its first governance call: here’s how it went
Yesterday, holders of the UNI coin and other members of the DeFi ecosystem were invited to join an unofficial-though-important Uniswap governance call. The idea…

Another day, another hack: $2m in DAI drained from Ethereum DeFi app Akropolis
With billions of dollars on the line, it is no surprise that the decentralized finance (DeFi) space has been rife with hacks and exploits…

$1 billion worth of Ethereum is about to be released into the DeFi market
In a few days' time, on Nov. 17, Uniswap's first yield farming opportunity will end. When the project's governance token released in September, a…

The crypto fund that has been shorting Chainlink (LINK) since $5 has returned
Months ago, a Twitter account called “Zeus Capital” was registered, along with a respective web page. Zeus Capital claimed to be a cryptocurrency hedge…

Analyst: Hash rate signal that preceded Bitcoin’s recent 100% rally will soon appear
The Bitcoin hash rate dove strongly in late October. The metric, which tracks how much computational power is being used to mine BTC, fell…

This Yearn.finance (YFI) competitor surged 60% in the past day alone
Yearn.finance has rapidly become the darling of the burgeoning DeFi space. The Ethereum-based protocol's native token, YFI, rallied from its starting price of $3…

One of the biggest crypto funds just bought another $2m of Yearn.finance (YFI)
The DeFi market has undergone a strong surge since it seemingly bottomed late last week. As reported by CryptoSlate previously, top DeFi coins have…

This 2017-era crypto has surged 500% since getting listed on Coinbase last week
If you were around in 2017 or 2018, you likely remember the term “the Coinbase Effect.” What the term describes is the price action…