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Twitter Sues Binance Over Elon Musk's Purchase Of The Social Network

Twitter Sues Binance Over Elon Musk’s Purchase Of The Social Network

Twitter Sues Dozens of Companies, Including Binance Exchange The company wants to receive data on Musk's correspondence regarding the purchase of the social network. Billionaire files counterclaim against Twitter One of the biggest scandals of 2022 is gaining momentum. Twitter lawyers are suing Binance representatives in the case of the purchase of the social network by billionaire Elon...

Bitmex Adds Fiat Perpetual Contracts

Bitmex Adds Fiat Perpetual Contracts

BitMEX has launched trading in FX contracts — perpetual currency contracts with up to 50x leverage. This was reported in the official blog of the platform. FX contracts are traded around the clock. At the weekend, the contract price fluctuates around the market closing quotes on Friday. Users can open long and short positions on 22 currency pairs: EURUSD, EURCHF, EURTRY, USDCHF, and others. The...

What Is Tornado Cash And How Does It Work?

What Is Tornado Cash And How Does It Work?

Tornado Cash is a decentralized protocol that allows anonymous transactions on the Ethereum network and several other blockchains; This protocol is the most popular ETH mixer and is notorious for regularly laundering crypto assets stolen from centralized crypto exchanges and hacked DeFi protocols; Critical decisions for developing Tornado Cash are made by a decentralized...

One Of Terra's Early Investors Will Launch A Fund To Invest In GameFi

One Of Terra’s Early Investors Will Launch A Fund To Invest In GameFi

Known as one of the victims of the collapse of Terra, the blockchain company Hashed intends to launch a new fund focusing on investing in GameFi startups. This was announced in an interview with Bloomberg by its founder Simon Seojun Kim. The third structure will be launched in the first half of 2023. By this time, resources will run out in the second...

Bank Of America Declares The Value Of Blockchains

Bank Of America Declares The Value Of Blockchains

Representatives of Bank of America (BofA) rejected the claim that blockchains do not carry any intrinsic value. In a new report, the organization noted that the leading networks provided massive commissions, which positively impacted the development of ecosystems. According to the company's experts, blockchains and internal applications created are of great importance and benefit developers and...

Ethereum Name Service Demand Hits Record Highs

Ethereum Name Service Demand Hits Record Highs

In July, the number of registrations in the Ethereum Name Service ( ENS ) domain name system increased by 378 thousand, to 1.87 million. Other metrics of the service also showed a record increase. Behind the project's development, ENS Domains received an income of 5400 ETH (~$8.8 million). Sales volume almost doubled compared to June. The number of owners...

"Don't Touch The Mnemonic Phrase." Solana Urged To Be Careful When Transferring Tokens To Cold Wallets

“Don’t Touch The Mnemonic Phrase.” Solana Urged To Be Careful When Transferring Tokens To Cold Wallets

Solana ecosystem developers urged users not to use the old mnemonic phrase when transferring tokens to hardware wallets. The Solana development team advises Phantom and Slope wallet users not to use the hot wallet mnemonic on physical wallets amid the massive hack. This was reported on the Solana support page on Twitter. Source: twitter.com According to the developers, users of...

Nomad Hackers Recover $9 Million Of $190 Million Stolen

Nomad Hackers Recover $9 Million Of $190 Million Stolen

Unknown attackers who attacked the Nomad cross-chain bridge returned $9 million in cryptocurrencies to the project address The hackers who hacked the Nomad cross-chain bridge returned about $9 million in cryptocurrencies to the developers. This is reported in the research firm PeckShield regarding transactions. Source: twitter.com Despite the return of $9 million, the vast majority of the stolen cryptocurrency still...

How To Pay Mining Tax In Russia In 2022

How To Pay Mining Tax In Russia In 2022

After the ban on cryptocurrencies in China, the Russian Federation ranks 3rd in the world regarding coin production, after the USA and Kazakhstan. Mining business brings good income. According to the tax legislation of the Russian Federation, the extraction of digital currencies is no different from other types of entrepreneurial activity. In this article, we will tell...

Hackers Hacked More Than 10 Thousand Solana Wallets

Hackers Hacked More Than 10 Thousand Solana Wallets

Blockchain security experts noted: that unknown hackers have made another attack on the cryptocurrency sector. As of 13:30 Moscow time on August 3, 2022, it became known: the Solana network fell victim to a multi-million dollar hack. Cybercriminals stole about 10 thousand accounts and more than $7 million in cryptocurrencies. Experts confirmed that earlier information about...