Investors in crypto and DeFi projects like
BadgerDAO are keen to understand more about these novel concepts and strategies.
BadgerDAO, a project on the Ethereum blockchain, is aiming to bring Bitcoin to Ethereum as a viable fuel source, an idea that was presented by its founder. This strategy is causing a stir in the world of crypto, causing many to refer to Bitcoin as the
'Honey Badger' of money due to its resilience and adaptability. However, it hasn't been all positive news for
BadgerDAO. It recently suffered an exploit that led to the loss of $120M which is being investigated.A unique situation in Spain has led to indirect fame for
BadgerDAO. A hungry badger unearthed hundreds of ancient Roman coins, drawing parallels to the name of the project. Whether influencing directly or indirectly, this discovery became a buzz word around
crypto circles, possibly generating more interest towards
BadgerDAO.
BadgerDAO aims to launch a new
'Synthetic' Bitcoin on Ethereum, and given the current scenario, it has also launched on Coinbase Pro. Despite the ongoing recovery from the exploit, Celsius, a crypto lender, reported losses from the hack. In other news, BadgerDAO is moving forward with its restitution plans, exhibiting a considerable feat of DAO governance. New users interested in joining in can do so in four simple steps. In spite of the setbacks, the projections for the
Badger coin are on the positive side.
BadgerDAO's approach towards Bitcoin marks a
new era of DeFi and cryptocurrency engagement.
BADGER Coin News Analytics from Tue, 12 Jan 2016 08:00:00 GMT to Sun, 17 Nov 2024 02:06:44 GMT -
Innovation -2
- Information 7
- Rumor 2
