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Nalezeno "Blockchain NEws": 5454

Binance BNB Chain Impacted By Potential $566 Million Exploit


Major crypto exchange Binance has decided to temporarily freeze the activities of its blockchain, BNB Chain, after hackers exploited a bug to steal millions worth of crypto. “Due to irregular activity we’re temporarily pausing BSC,” BNB Chain said in a tweet, before announcing that Binance Smart...

FilSwan Collaborates With Chainlink to Secure Oracle Services


FilSwan, contract-based multi-chain storage, announced its recent integration with Chainlink, the leading decentralized Oracle network. This collaboration enables FilSwan to access top-notch real-time market rates.  FinSwan is popular for offering decentralized Oracle storage, computing, and secure...

Bear Market May Last Another '12 to 18 Months' Says Solana Co-Founder


Anatoly Yakovenko, co-founder of Solana Labs, believes that the current crypto bear market may last for another 12 to 18 months.  Speaking on the GM Podcast, the creator of the Solana blockchain attributed his expectation to the Fed rate hike influenced macroeconomic environment. He however...

GoldenTree Asset Management Reveals $5.3 Million Position in SushiSwap


GoldenTree Asset Management has invested roughly $5.3 million in SUSHI, the governance token of the decentralized finance protocol SushiSwap.  The U.S.-based asset management firm with approximately $50 billion in assets under management (AUM) said in a post on the SushiSwap community forum that...

SEC Halts Crypto Ponzi Operation Targeting Latino Investors


The U.S. Securities and Exchange Commission (SEC) has filed an emergency action to stop an ongoing crypto Ponzi scheme targeting Latino investors.  According to an SEC press release, the scheme was being operated by defendants Mauricio Chavez and Giorgio Benvenuto through CryptoFX - a company...

QANplatform Collaborates With API3 to Integrate API3 Oracles


QANplatform recently announced a partnership with API3 to integrate API3 Oracles. The collaboration will see the QANplatform integrate the protocol within its quantum-resistant smart contracts. As a quantum-resistant L1 hybrid blockchain, QANplatform helps enterprises and developers to build...

Russia Allows International Trade in Cryptocurrency for Any Industry


The Finance Ministry of Russia is looking to facilitate a more accommodating cryptocurrency policy, as it plans to permit the use of digital assets for international settlements in any industry without restrictions. The Russian Ministry of Finance acknowledges the growing significance...

World Mobile Forms an Exclusive Partnership With Immunify.Life


World Mobile has formed an exclusive partnership with Immunify.Life, with the intention and aim of jointly improving and upgrading the overall healthcare system and also effectively working towards creating better means of linking up with the left-out and backward areas which are, more often than...

Binance Opens Offices in Brazil as Team Size Doubles


Major crypto exchange Binance continues its international expansion with the opening of two new offices in Brazil, based in São Paulo and Rio de Janeiro.  The platform said in a tweet that its latest move is designed to “expand in the country and to grow crypto adoption in Latin America.” The...

Indian Crypto Exchange WazirX Lays Off 40% of Workforce


Major Indian crypto exchange WazirX has laid off about 40% of its employees, citing a fall in trading volumes due to the bear market and the regulatory climate in India.  Local news outlet the Economic Times reports that the figure equates to around 50 to 70 employees of the exchanges around...

Celsius CEO Withdrew $10 Million Before Company Entered Bankruptcy


Celsius founder Alex Mashinsky withdrew $10 million from the now-bankrupt cryptocurrency lender just weeks before the company froze customer accounts and collapsed, according to sources cited by The Financial Times.... Read More: Celsius CEO Withdrew $10 Million Before Company Entered Bankruptcy

Two Firms Charged by US SEC for Crypto Pump and Dump Scheme


The U.S. Securities and Exchange Commission (SEC) has charged two now-defunct cryptocurrency firms and their executives for allegedly running a pump-and-dump scam worth $36.8 million from 2017 until 2019 via a token called 'Dignity' (DIG). ... Read More: Two Firms Charged by US SEC for Crypto Pump...

Arbitrum Airdrop May Be Coming Soon - Here’s What You Need to Know


Major Ethereum scaling solution Arbitrum is reportedly preparing for its much-anticipated airdrop. In light of this, pundits have shared some useful insight on the nature of the airdrop and possible eligibility prerequisites.... Read More: Arbitrum Airdrop May Be Coming Soon - Here’s What You Need...

Russia Supplying Kazakhstan with Electricity for Cryptocurrency Miners


Russia is looking to bolster Kazakhstan's energy demands in an amendment of the partnership between the two nations, as a means to provide electricity to miners within the former Soviet republic member state. The move comes amidst growing demand for electricity by crypto miners in Kazakhstan,...

Solana Price Plunges as Blockchain Suffers Outage Again


Solana's price has taken a hit amid another major outage that has grinded the network activity to a halt. Crypto pundit and host of NFT Alpha show, Nick Valdez first brought the development to public attention on Twitter after a series of speculative mentions. A few hours later, the official...

Uniswap to Raise $100 Million in New Funding Round


Uniswap Labs – the firm behind one of the world's largest decentralized exchanges, Uniswap – is looking to raise a massive $100M fund in its latest funding round. This round follows Uniswap's previous Series A funding in 2020.... Read More: Uniswap to Raise $100 Million in New Funding Round

Ethereum Scaling Solution Aurora Pays $2 Million Bug Bounty to Hackers


Aurora, an Ethereum Virtual Machine (EVM) compatible scaling and bridge solution built on top of the NEAR Protocol blockchain network, has completed the payment of a $2 million bug bounty to a pair of whitehat hackers that reported vulnerabilities on the platform back in June. ... Read More:...

FTX Crypto Exchange CEO Considered Buying Twitter with Elon Musk


Sam Bankman-Fried (SBF), the billionaire CEO of crypto exchange FTX, was interested in joining Elon Musk's bid to buy Twitter, according to new court documents that were made public as part of the case discovery process.  Business Insider reports that Will MacAskill, an executive of the SBF-funded...

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