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...
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...
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...
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...
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...
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...
The loss of users of the Nomad cross-chain bridge in the Cosmos ecosystem due to a hacker attack amounted to $8.85 million. The team is trying to restore the liquidity of the project. The developers explained their calculations by estimating those assets blocked in the protocol at the time of the hack on August 2. Data: Nomad. The...
The price of Ethereum could enter a consolidation phase after a sharp increase in July amid expectations of migration to the Proof-of-Stake consensus algorithm. Markus Thielen stated this from the management company IDEG, writes Cointelegraph. According to the expert, the growth prospects of the second largest cryptocurrency by capitalization have become less optimistic compared to the...
The ZB crypto exchange, mainly aimed at Chinese users, has suspended the possibility of depositing and withdrawing funds. The decision was "the failure of some key applications." Representatives of the exchange promised to restore the functionality of the platform after fixing the problems. ZB is ranked 44th in terms of trading volume by CoinGecko .
A fundamental improvement in on-chain indicators has not accompanied the recent recovery of Bitcoin and Ethereum prices. This does not give confidence in a fundamental change in the market situation, according to Glassnode analysts. Doubts that the upward dynamics after overcoming the realized price by quotations will continue from the state of on-chain indicators. The number of active...
