According to a report by blockchain company Blocsec, the Rari Capital Fuse platform lost approximately $80 million due to a hacker attack. On Saturday, the official Fei Protocol Twitter account confirmed that it had lost funds from the Rari Fuse platform exploit. Another attacker, as a result of an attack on a decentralized finance protocol, managed to...
Ex-Chairman and CEO of Google Eric Schmidt on air CNBC declared the “seductiveness” of the Web 3.0 concept and talked about his investments in cryptocurrencies. December billionaire became Strategic Advisor to Chainlink Labs one year after leaving Alphabet, the parent company of Google. "Economy [Web3] interesting. Platforms, usage scenarios. [Это] not working yet, but things will change"he said. Schmidt identified...
The National Assembly of Panama approved a bill regulating the circulation of crypto assets in the country. This is reported Reuters. The regulatory document “regulates the trade and use of crypto assets, the issuance of digital value, the tokenization of precious metals and other assets, payment systems and other areas.” Congressman Gabriel Silva emphasized that the legalization of...
The press service of the popular messenger Telegram reported that the application has a function of paying with cryptocurrencies directly in chats. Now it can be done with one click of a button. For this, The Open Network (TON) and its own official bot wallet are used. Representatives of the company assured that the first days...
How much is a dog's life worth? A Reddit user under the pseudonym "dojeckahedron" cashed out all his bitcoins to pay for expensive treatment and save his dog from the clutches of cancer. In a touching Reddit post, a dog owner from the States shared a photo of his dog, Derby. The post said he cashed...
This measure is accompanied by a proposed ban on advertising unlicensed crypto services. The Federal Security Service (FSB) and the Ministry of Internal Affairs (MVD) of Russia presented their review notes on the upcoming "cryptocurrency bill" developed by the country's Ministry of Finance. Law enforcement agencies insist on the possibility of requiring crypto firms to provide...
A new DappRadar report provides a wealth of information on the performance of cryptocurrencies and the Web3 sector during the first quarter of 2022. A quantitative analytics report published by DappRadar presented a number of indicative behavioral market indicators regarding the global adoption of digital assets. Blockchain data reflects positive sentiment towards the Web3 and Metaverse sectors,...
Ethereum network revenue from gas fees was $2.4 billion in Q1 2022, down 44% from $4.34 billion in Q4 2021, while 87% of revenue, or ETH tokens worth about US$2.1 billion were burned. Ethereum is the most widely used smart contract blockchain in the world, and in 2021 it has experienced a sharp rise in gas...
Goldman Sachs Group Inc. has offered its first bitcoin-backed loan, setting another milestone in Wall Street's adoption of cryptocurrency, Bloomberg reported Friday. The collateral for the Bitcoin cash loan was owned by the borrower, according to a Bloomberg report. The banking giant is joining crypto-friendly banks, such as Silvergate Capital Corp., which are offering USD-denominated loans...
On Thursday, a multi-blockchain DeFi protocol called Deus Finance DAO was exploited using instant credit. The hacker took approximately $13.4 million. According to the network, an unknown attacker carried out an exploit using flash credit at around 2:40 am UTC. Instant loans are loans taken with the requirement that the borrowed amount be repaid in the...
