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Hacking Incidents Decreased for First Time Since 2021, Still $2 Billion in Crypto Assets Stolen in 2023
27.12.2023
Source: AdobeStock / Sergey Nivens Despite losing around $2 billion to crypto thefts, 2023 saw a slight decline in hacking incidents targeting the cryptocurrency industry. According to a recent report from De.FI, a prominent web3 security firm known for its REKT database, hackers managed to pilfer...
In the First Q of ‘24, the US SEC Sent to Me an ETF with Bee-Tee-Cee and 20 Crypto Jokes
23.12.2023
Source: AdobeStock / Sergey Chayko This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes. __________ This week in crypto: crypto! Bitcoin’s market cap increased by a peak of 172% in 2023, BTC struggled a bit for direction,...
Ethereum’s Upcoming Upgrade ‘Cancun-Deneb’ Set to Begin Testing on January 17
21.12.2023
Source: AdobeStock / Sergey Nivens Ethereum’s upcoming upgrade, “Cancun-Deneb” (also known as “Dencun”), is set to begin testing on January 17, as per an official note published on the Ethereum Github repository. According to the latest Ethereum All Core Developers...
EthereumPOW Core Team Disbands to Achieve Full Decentralization as OneDAO Provides Transitional Support
19.12.2023
The EthereumPOW core team is disbanding to achieve decentralized governance, with OneDAO providing temporary support. Image by Sergey Nivens, Adobe Stock. The core development team behind the proof-of-work (PoW) fork of Ethereum announced on Tuesday its decision to dissolve EthereumPOW’s...
Ex-Amazon Engineer Guilty of Historic $12.3M Crypto Heist
18.12.2023
Source: AdobeStock / Sergey Nivens A former Amazon engineer has pleaded guilty to hacking two cryptocurrency exchanges, resulting in the first-ever conviction involving the hacking of a smart contract. Shakeeb Ahmed, a former security engineer at Amazon, is now facing the possibility of up to five...
Yearn.finance Ask Traders to Return Gains Following $1.4 Million Multisig Error- What’s Going On?
14.12.2023
Source: AdobeStock / Sergey Nivens Decentralized finance (DeFi) protocols Yearn.finance has called on arbitrage traders to return excess profits they accrued as a result of a multi-signature scripting error that led to a $1.4 million drain. In a Dec 11 GitHub post, the protocol’s contributor...
Sergey Nazarov: The Crypto Oracle
4.12.2023
Chainlink is where digital assets meet the real world, and Nazarov is predicting TradFi and crypto will become intertwined
Kronos Research Enters Negotiations with Hacker After $25 Million Cryptocurrency Theft, Offers 10% Bounty
28.11.2023
Source: AdobeStock / Sergey Nivens Taipei-based cryptocurrency trading and investment firm Kronos Research has initiated negotiations with the hacker responsible for the recent theft of $25 million from the company’s treasury. In a public message addressed to the unknown attacker, Kronos...
Slowmist Warns About Fake Journalists Orchestrating Crypto Thefts
14.11.2023
Source: AdobeStock / Sergey Nivens Security firm SlowMist has issued a warning about a wave of crypto thefts orchestrated by fake journalists. In a recent Medium post, the company said the first instance of this malicious campaign was reported on October 14 when a Twitter user named Masiwei...
Latam Insights: Brazil’s Lula Pushes for BRICS Currency; Binance Drops Card Programs
28.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil’s President Luiz Inacio Lula Da Silva pushes to issue a BRICS common currency, Binance drops card services, and Argentina gets invited to be part...
Russian Foreign Minister Sergey Lavrov: BRICS Is Focused on Reducing Dependence on US-Controlled System
26.8.2023
Russian Foreign Minister Sergey Lavrov has declared that the actions of the BRICS bloc, integrated by Brazil, Russia, India, China, and South Africa, are focused on reducing dependency on the economic system managed by the U.S. and its Western allies. He denied a possible unified currency for...
Ze Sovětského svazu až na vrchol internetu. Narozeniny dnes slaví Sergey Brin, spoluzakladatel Googlu
21.8.2023
Není to tak dávno, co jsme v Computeru u příležitosti padesátých narozenin připomněli životní osudy jednoho ze zakladatelů Googlu Larryho Page. Ani ne po pěti měsících po něm oslaví 21. srpna půl století také jeho souputník Sergey Brin
Economist Jim Rickards States BRICS Currency Will Leverage Gold to ‘Destroy the Dollar’
25.7.2023
Jim Rickards, economist and best-selling author, has explained the possible repercussions of issuing a BRICS bloc currency for the dollar. For Rickards, the “bric” (the name he gives to the BRICS currency) will be anchored (but not redeemable or backed) to a weight of gold and will...
‘Historic’ BRICS Summit to Be Held Without Putin in Person
20.7.2023
Russian President Vladimir Putin will not travel to Johannesburg for the BRICS summit in August, according to the office of his South African counterpart. Moscow will send Foreign Minister Sergey Lavrov instead, the Kremlin confirmed, emphasizing that Putin will join the event via video link. Putin...
Chainlink launches cross-chain protocol bridging blockchain to TradFi
18.7.2023
Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol
Russia, 10 Southeast Asian Nations Discuss Using National Currencies in Trade Settlements
15.7.2023
Russia is discussing using national currencies in trade settlements with 10 Southeast Asian countries, members of the Association of Southeast Asian Nations (ASEAN), Russian Foreign Minister Sergey Lavrov has revealed. The move comes as more and more countries worldwide are seeking to de-dollarize....
Venezuela to Integrate Russian Mir Payments System in De-Dollarization Push
24.6.2023
The government of Venezuela has announced that it is currently working to integrate Mir, a Russian electronic card and transfer payments system. President Nicolas Maduro backed this integration, stating that this move is part of a de-dollarization push. More than 40,000 payment terminals are being...
Counter-Strike: Global Offensive Pro Dies In Russia-Ukraine War
15.6.2023
The war between Russia and Ukraine, which began in 2014 but ramped up in February 2022 as Russia launched a full-scale invasion of Ukraine, has claimed yet another life. 21-year-old Counter-Strike: Global Offensive pro Ostap “0ni” Onistrat was reportedly killed in action defending his home country...
Fear of blockchain will have 'disastrous consequences' — Ava Labs CEO testimony
13.6.2023
Gün Sirer says the U.S. “won the first wave of the internet revolution” because it enabled responsible innovation. Now, it must do the same with blockchain
Russia Actively Shifting to Settlements in National Currencies, US Dollar Share Declining, Says Foreign Minister
31.5.2023
Russia is actively shifting to settlements in national currencies with its partners, Foreign Minister Sergey Lavrov has affirmed. He expects the transition away from the U.S. dollar to only gain momentum. “This is true not only for Africa, but also for Latin America, our Asian friends, as well...