Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn’t restore clients’ Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions. (Read More)
Validator Infrastructure Developer Launches New Fund to Support Ethereum Proof-of
ssv.network created a $50 million fund to encourage Ether (ETH) staking technology research. DVT, an open-source protocol, distributes validator duties over numerous nodes. Vitalik Buterin’s Eth2 roadmap relied on the protocol. (Read More)
1inch Network Launches Hardware Wallet Amid Rise of Self-Cust
1inch is the newest hardware wallet supplier for cryptocurrency. The 1inch Hardware Wallet’s 2.7-inch E-Ink grayscale touch panel and stainless-steel frame mimic the iPhone 13. (Read More)
Binance NFT to Delist Assets With Low Trading Volume
NFT listings on Binance have been tightened. NFTs listed on Binance before Oct. 2, 2022, with an average daily trading volume under $1,000 will be delisted. NFT artists may only manufacture five digital collectibles each day after that. (Read More)
Hackers exploit Raydium protocol, send $2.7 million
The Raydium protocol exploiter transmitted 1,774.5 ETH to Tornado Cash, a sanctioned cryptocurrency mixer. On December 16, 2022, the Solana-based DeFi protocol was attacked. Exchange security staff are fighting hackers. (Read More)
U.S. sanctions: Customers suing Compass Mining
Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn’t restore clients’ Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions. (Read More)
1inch Network Launches New Hardware Wallet
1inch is the newest hardware wallet supplier for cryptocurrency. The 1inch Hardware Wallet’s 2.7-inch E-Ink grayscale touch panel and stainless-steel frame mimic the iPhone 13. (Read More)
Genesis Global caves to liquidity issues, files for Chapter 11 bankruptcy
Genesis Global — a Digital Currency Group (DCG) subsidiary — filed for Chapter 11 bankruptcy protection on Jan. 19 in the bankruptcy court of the Southern District of New York, it said in a press release. The derivatives, spot trading, broker-dealer, and custody arms of Genesis are not part of the bankruptcy filing and are […]
FTX reboot could falter due to long-broken user trust, say observers
Crypto industry observers have questioned whether customers or investors will ever want to “come near” FTX again.
Blockchain Life 2023 will take place on February 27-28 in Dubai
About The 10th Global Forum on blockchain, digital assets, and mining Blockchain Life 2023 takes place on February 27 – 28 in Dubai. Having started its history in 2017, the forum quickly entered the TOP-3 world events in the digital assets industry. The forum is attended by key industry players, government representatives, heads of international […]