Interesting interview with founder of Ethereum Vitalik Buterin on decentralization, global warming, gas fees, the future of ETH, and what he will be doing 1000 years from now:
youtu.be/Y1BEbVMArmg
youtu.be/Y1BEbVMArmg
South Korean regulator to reportedly shut down 11 crypto exchanges
Sources claim that several mid-sized crypto exchanges in South Korea will be unable to get approval from the FSC.
The FSC will suspend operations of at least 11 mid-sized crypto exchanges in South Korea due to alleged illegal activities and fraudulent collective accounts, local news agency The Korea Herald reported Sunday. The publication cited anonymous industry sources claiming that the names of the exchanges were not yet disclosed.
More details here
Sources claim that several mid-sized crypto exchanges in South Korea will be unable to get approval from the FSC.
The FSC will suspend operations of at least 11 mid-sized crypto exchanges in South Korea due to alleged illegal activities and fraudulent collective accounts, local news agency The Korea Herald reported Sunday. The publication cited anonymous industry sources claiming that the names of the exchanges were not yet disclosed.
More details here
Swarm was listed on Okex and Gate.io previously, and now all Coinlist participants have received their tokens. It was almost 4x.
Good job everyone
Good job everyone
Fresh news from Dao Maker
Token #RACE was listed on Pancakeswap earlier today. Easy 11-12x from the IDO price.
It really makes people think to participate in next IDOs.
Token #RACE was listed on Pancakeswap earlier today. Easy 11-12x from the IDO price.
It really makes people think to participate in next IDOs.
The first-ever automated risk management hack simulator!
The simulator will enable users to simulate a protocol hack, file a claim, then receive a payout in under 45 seconds - all on live contracts
https://mobile.twitter.com/riskharbor/status/1422259422248722433
The simulator will enable users to simulate a protocol hack, file a claim, then receive a payout in under 45 seconds - all on live contracts
https://mobile.twitter.com/riskharbor/status/1422259422248722433
Twitter
Risk Harbor
Huge announcement 🚨 We are excited to launch the first-ever automated risk management hack simulator! The simulator will enable users to simulate a protocol hack, file a claim, then receive a payout in under 45 seconds - all on live contracts 🔥
💰😳According to a recent study on crypto asset storage and passwords, a survey that polled over 1,000 digital currency owners shows 39.7% have forgotten their passwords. The study produced by cryptovantage.com indicates that users unable to recover their passwords lost an average of $2,134.
The study also covers crypto scams and noted that 32.6% of crypto owners in the U.S. have fallen victim to a crypto scam. The average loss for an individual getting duped by a crypto scam according to cryptovantage.com’s researchers is around $538.
https://cryptonews.net/1286353/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared
The study also covers crypto scams and noted that 32.6% of crypto owners in the U.S. have fallen victim to a crypto scam. The average loss for an individual getting duped by a crypto scam according to cryptovantage.com’s researchers is around $538.
https://cryptonews.net/1286353/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared
cryptonews.net
Survey Shows 40% of US Crypto Owners Forget Their Password, 20% Write Passwords on Paper
The new exploit has been found on wault stablecoin
https://bscscan.com/tx/0x31262f15a5b82999bf8d9d0f7e58dcb1656108e6031a2797b612216a95e1670e
https://bscscan.com/tx/0x31262f15a5b82999bf8d9d0f7e58dcb1656108e6031a2797b612216a95e1670e
✅The popular Bitcoin derivatives exchange BitMEX has been removed from the High Risk Exchange category by Chainalysis.
Less than a year after Chainalysis placed BitMEX into its “high risk” cryptocurrency exchanges zone, the company has reversed its decision. The analytics company has conducted an internal review of the derivatives exchanges, which has strived to improve its AML compliance lately.
https://cryptonews.net/1289977/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared
Less than a year after Chainalysis placed BitMEX into its “high risk” cryptocurrency exchanges zone, the company has reversed its decision. The analytics company has conducted an internal review of the derivatives exchanges, which has strived to improve its AML compliance lately.
https://cryptonews.net/1289977/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared
cryptonews.net
Ten Months Later: Chainalysis Removes BitMEX From The High Risk Exchange Category
📟The Russian Federation is developing a new module to monitor all crypto transactions
The Federal Financial Monitoring Service of the Russian Federation has announced that the selected supplier is already starting to work on a module that will be used to monitor cryptocurrency transactions.
Rosfinmonitoring wants to achieve this in cooperation with a new supplier, which is about to start working "to create a module for monitoring and analyzing cryptocurrency transactions using bitcoin," reports the Russian daily RBC.
https://ccnews24.net/the-russian-federation-is-developing-a-new-module-to-monitor-all-crypto-transactions/
The Federal Financial Monitoring Service of the Russian Federation has announced that the selected supplier is already starting to work on a module that will be used to monitor cryptocurrency transactions.
Rosfinmonitoring wants to achieve this in cooperation with a new supplier, which is about to start working "to create a module for monitoring and analyzing cryptocurrency transactions using bitcoin," reports the Russian daily RBC.
https://ccnews24.net/the-russian-federation-is-developing-a-new-module-to-monitor-all-crypto-transactions/
Bitcoin SV Network was going through a massive 51% attack
There was successful 51% attack on the Bitcoin SV network. The attackers tried to attack the network the day before, and on August 3 at 18:46 (Moscow time) they used "serious hash power" and achieved success.
CoinMetrics confirmed that their blockchain integrity risk management tool FARUM recorded the incident, the depth of the reorganization was 14 blocks. After that, the attack stopped, but there were synchronization conflicts between the main mining pools.
For those who don't know what 51% attack is about:
Is it all based on Proof-of-work. PoW is used in coins such as Bitcoin & Litecoin. In such a system, all transactions go through miners, through the calculation of mathematical problems.
The attackers would be able to prevent new transactions from gaining confirmations, allowing them to halt payments between some or all users.
There was successful 51% attack on the Bitcoin SV network. The attackers tried to attack the network the day before, and on August 3 at 18:46 (Moscow time) they used "serious hash power" and achieved success.
CoinMetrics confirmed that their blockchain integrity risk management tool FARUM recorded the incident, the depth of the reorganization was 14 blocks. After that, the attack stopped, but there were synchronization conflicts between the main mining pools.
For those who don't know what 51% attack is about:
Is it all based on Proof-of-work. PoW is used in coins such as Bitcoin & Litecoin. In such a system, all transactions go through miners, through the calculation of mathematical problems.
The attackers would be able to prevent new transactions from gaining confirmations, allowing them to halt payments between some or all users.
♻️Today at 12.00 GMT the first BULK institutional, strategic and private sale token unlock will take place.
Tokens are fully managed through the Lock platform dashboard - https://bulkstaking.web.app/
You can find the full instructions on the Lock Platform following the link.
There are several options for private sale participants:
- If you want to stay in your tier and continue to participate in pre-sale deals, you do not need to do anything.
- If you want to withdraw unlocked tokens, while lowering your tier, use the button (6) Сlaim tokens.
- It is possible to withdraw tokens using button (6) Сlaim tokens and, later, re-lock any number of tokens (3 + 4) in order to keep or increase your tier.
📶Further unlocking will be linear, unlocked tokens can be withdrawn from the platform at any time.
🚹The full tiers’ migration to the Lock Platform will take place in several days after the instructions for using the platform in conjunction with the bot are published.
Tokens are fully managed through the Lock platform dashboard - https://bulkstaking.web.app/
You can find the full instructions on the Lock Platform following the link.
There are several options for private sale participants:
- If you want to stay in your tier and continue to participate in pre-sale deals, you do not need to do anything.
- If you want to withdraw unlocked tokens, while lowering your tier, use the button (6) Сlaim tokens.
- It is possible to withdraw tokens using button (6) Сlaim tokens and, later, re-lock any number of tokens (3 + 4) in order to keep or increase your tier.
📶Further unlocking will be linear, unlocked tokens can be withdrawn from the platform at any time.
🚹The full tiers’ migration to the Lock Platform will take place in several days after the instructions for using the platform in conjunction with the bot are published.
Ethereum just activated its 'London' hard fork, and it's a really big deal
Ethereum's "London" hard fork has just activated, and it's a major change.
One of the changes alters the way transaction fees are calculated, ideally smoothing them out and making them less volatile.
Another change essentially sets the stage for a major transformation of ethereum that will make it harder for miners to earn money and could eventually make mining irrelevant.
More details can be found here
Ethereum's "London" hard fork has just activated, and it's a major change.
One of the changes alters the way transaction fees are calculated, ideally smoothing them out and making them less volatile.
Another change essentially sets the stage for a major transformation of ethereum that will make it harder for miners to earn money and could eventually make mining irrelevant.
More details can be found here
And then swapped chain from ERC20 to TRC20
Transaction:
https://whale-alert.io/transaction/ethereum/486e4f00dd8dc37e1e17c6fa2b8f005cc86e4051e370559dc358f7b3b1f0cfaf
Transaction:
https://whale-alert.io/transaction/tron/f6aff4b44e57086756ecdb656101a2bb6dd9c6162ee50cee5b40669e1f9e2f51
Seems huge, but not a big deal
Transaction:
https://whale-alert.io/transaction/ethereum/486e4f00dd8dc37e1e17c6fa2b8f005cc86e4051e370559dc358f7b3b1f0cfaf
Transaction:
https://whale-alert.io/transaction/tron/f6aff4b44e57086756ecdb656101a2bb6dd9c6162ee50cee5b40669e1f9e2f51
Seems huge, but not a big deal
❌Binance Suspends Crypto-based Derivatives Products in Hong Kong
Binance, a Singapore-based global cryptocurrency exchange, announced Friday that not allow Hong Kong users to open new derivatives accounts, effective immediately.
https://www.binance.com/en/amp/support/announcement/25a2571392a24367a7d927bd37ab2b86
Binance, a Singapore-based global cryptocurrency exchange, announced Friday that not allow Hong Kong users to open new derivatives accounts, effective immediately.
https://www.binance.com/en/amp/support/announcement/25a2571392a24367a7d927bd37ab2b86
Binance
Restricting of Derivatives Products Offerings in Hong Kong | Binance Support
Fellow Binancians, With immediate effect, users from Hong Kong will not be able to open new derivatives products accounts. Also, with effect from a date to be announced in a later notice, users fro...
✅Polygon (MATIC) and SushiSwap (SUSHI) will be listed on Bitstamp!
MATIC: Tuesday, 10 August, at 12:00 AM UTC
SUSHI: Wednesday, 11 August, at 12:00 AM UTC
Please note that for the time being, these assets will not be available to our US and Singapore customers.
https://blog.bitstamp.net/post/take-a-seat-were-serving-sushi-and-matic/
MATIC: Tuesday, 10 August, at 12:00 AM UTC
SUSHI: Wednesday, 11 August, at 12:00 AM UTC
Please note that for the time being, these assets will not be available to our US and Singapore customers.
https://blog.bitstamp.net/post/take-a-seat-were-serving-sushi-and-matic/
Aave is Exploring Solana, Avalanche, Layer 2 Expansion
Aave looks to be taking a multi-chain approach for its lending markets.
Aave founder Stani Kulechov revealed that the protocol was looking into expanding its markets beyond Ethereum and Polygon.
More details can be found here
Aave looks to be taking a multi-chain approach for its lending markets.
Aave founder Stani Kulechov revealed that the protocol was looking into expanding its markets beyond Ethereum and Polygon.
More details can be found here
✅Xiaomi starts accepting Bitcoin, Ethereum and other cryptocurrencies in Portugal
It is now possible to buy smartphones, vacuum cleaners, smartwatches, electric scooters and other Xiaomi devices with Bitcoin, Ethereum, Tether and Dash.
https://u.today/xiaomi-starts-accepting-bitcoin-ethereum-and-other-cryptocurrencies-in-portugal
It is now possible to buy smartphones, vacuum cleaners, smartwatches, electric scooters and other Xiaomi devices with Bitcoin, Ethereum, Tether and Dash.
https://u.today/xiaomi-starts-accepting-bitcoin-ethereum-and-other-cryptocurrencies-in-portugal
U.Today
Xiaomi Starts Accepting Bitcoin, Ethereum and Other Cryptocurrencies in Portugal - U.Today
Xiaomi's Portuguese branch has started accepting cryptocurrency payments
🇺🇦💰The deputy minister of Ukraine’s Ministry of Digital Transformation believes that crypto payments will be allowed in Ukraine similarly to payments deriving from the U.S. dollar.
A new cryptocurrency-related bill in Ukraine will allow payments in cryptocurrencies like Bitcoin (BTC) despite not recognizing crypto as legal tender, a government official claimed
https://cointelegraph.com/news/new-bill-in-ukraine-to-allow-payments-in-cryptocurrency-says-official?utm_source=Telegram&utm_medium=social
A new cryptocurrency-related bill in Ukraine will allow payments in cryptocurrencies like Bitcoin (BTC) despite not recognizing crypto as legal tender, a government official claimed
https://cointelegraph.com/news/new-bill-in-ukraine-to-allow-payments-in-cryptocurrency-says-official?utm_source=Telegram&utm_medium=social
Cointelegraph
New bill in Ukraine to allow payments in cryptocurrency, says official
Ukraine’s bill on virtual assets will allow citizens to pay for services in crypto despite the draft bill not recognizing crypto as legal tender, according to a government official.