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We discuss why popular crypto analysts like Zach Humphries, Crypto Gains, and Michael Wrubel have endorsed 99Bitcoins' project.

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Hackers Exploit DeFi Project Cover Protocol, COVER Token Price Tanks 90%

Hackers Exploit DeFi Project Cover Protocol, COVER Token Price Tanks 90% Dec 29 2020 · 15:00 UTC by Bhushan Akolkar · 2 min read Photo: Shutterstock You have successfully joined our subscriber list. In one of the biggest attacks in the DeFi space, hackers exploited the DeFi project Cover Protocol by liquidating nearly 12K COVER coins and injecting an additional supply of 40 quintillion Cover “coins”. DeFi project COVER staking protocol has recently been the victim of a suspected attack while artificially inflating the COVER token supply. The hackers have reported exploited the Cover protocol with millions of stolen cover tokens amounting to a massive $2 trillion. Allegedly, the hackers infused an additional supply of over 40 quintillion Cover “coins”. This resulted in the COVER coin price crashing nearly 90%. On Monday, December 28, the COVER token price crashed all the way from $735 to $53, as per the data on CoinGecko.