Thailand-based cryptocurrency exchange Zipmex has received an offer for a deal in which an unnamed third party will help the company "rescue" the business. “Our discussions with various stakeholders have made significant progress. One of these parties has proposed a set of conditions under the MOU , which also includes confidentiality obligations, in order to be able to initiate Due...
The developers of the decentralized music streaming platform Audius have confirmed that the platform has been hacked. They stated that the previously reported information about the theft of $6 million in cryptocurrencies is accurate. According to the service's founders, the hacker took advantage of a vulnerability in the decentralized control system (DAO) algorithm. According to the programmers,...
Cryptocurrency experts said the market had not experienced the most accessible moment since July 23, 2022. Over the past day, the total capitalization of all virtual assets fell by 4.14% to $1.06 trillion. Nevertheless, analysts assured that among the digital assets from the top 100 ratings, several at once managed to add in price and...
The California Fair Political Practices Commission has lifted a ban on accepting digital asset donations by politicians that have been in place since 2018. The participants voted unanimously to lift the restriction. The updated regulation involves transactions through a third-party payment processor headquartered in the United States. The latter must register with the Financial Crimes Enforcement Network and comply...
We have collected the most important news from the world of cybersecurity for the week. The FBI spoke about criminals targeting crypto investors who stole more than $42 million through fraudulent applications. Yuga Labs has warned of possible upcoming cyber attacks on the NFT community. The alleged creator of the Gozi malware has been extradited...
Representatives of TRON DAO Reserve (TDR) have officially answered the community's frequently asked questions about the USDD stablecoin. According to the developers, this cryptocurrency is a decentralized digital coin with collateral. According to the organization's founders, USDD is the most reliable asset of this class in the cryptocurrency market, as it is not tied to US dollar...
The main page of The Tor Project was unblocked in the Russian Federation by a court decision. This was announced by the lawyer of "Roskomsvoboda" Ekaterina Abashina, representing the organization's interests during the proceedings. “Roskomnadzor, of course, indecently delayed the unblocking of the site, because the decision to block was canceled on May 19, and since then there was...
Bitcoin mining equipment and service provider Compass Mining has agreed with Compute North to provide 75 MW of power at the blockchain hosting provider's data center. Compass plans to deploy 25,000 ASIC miners at a facility in Granbury, Texas. The installation will begin in August and will take several months. Hardware includes the latest generation devices like Antminer...
Tech analyst and head of Factor LLC Peter Brandt criticized MicroStrategy CEO Michael Saylor, who called bitcoin an energy-backed digital commodity. “Provided with energy only in the sense that it is useless without its exorbitant consumption - and then without providing an economic function. It is a huge myth that somehow bitcoin is more than just a...
American blockchain hosting provider Core Scientific has signed an agreement with B. Riley Principal Capital II to sell shares worth $100 million over two years. According to a press release, Core Scientific has the right, but not the obligation, to issue these shares "subject to certain restrictions and conditions" and send B. Riley a notice of purchase. “Getting...
