Category Archives: Cryptocurrency News

DeFi Tinyman Project Lost $ 3 Million Crypto Assets As A Result Of Cyberattack

The developers of the DeFi project Tinyman reported that hackers took advantage of a previously unknown vulnerability in a smart contract designed to burn tokens and withdrew $ 3 million worth of crypto assets. According to a blog post on the project, the hackers created and activated wallet addresses, after which they made a test deposit for the subsequent hacking of the protocol. The attackers then conducted transactions with the target pools, exchanged part of…

Israeli authorities will confiscate $ 840,000 worth of cryptocurrency from the wallets of an exchange linked to the Hamas

Israeli Defense Minister Benjamin Gantz signed an order to confiscate about $ 840,000 worth of cryptocurrency from the wallets of the al-Mathaddon exchange linked to the Hamas. In the last week of 2021, Israeli Defense Minister Benjamin Gantz approved an order to confiscate a cryptocurrency worth 2.6 million shekels (about $ 836,467) from the al-Mathaddon exchange, owned by the Malach family and linked to the Hamas terrorist movement. The security service clarified that the company…

Samsung’s new TVs will support NFT

South Korean electronics and home appliance maker Samsung plans to add collectible token purchases to several of its smart TV lines. As noted in the announcement, NFT support will be received by the MICRO LED, Neo QLED and The Frame TV lines. Collectible token support will be added to the Smart Hub system. In addition to NFT, the system will support cloud games and video calls. The statement highlights: “With the growing demand for NFTs,…

Square Enix plans to start developing decentralized games

Leading Japanese PC game publisher Square Enix plans to give “maximum attention” to the development of blockchain-enabled games and collectible tokens in 2022. Square Enix President Yosuke Matsuda has released a letter of New Year’s greetings and plans for the company. Most of the letter was devoted to “decentralized games” – projects with blockchain and NFT support. Matsuda expressed the hope that such games will become a new trend in the development of computer games.…

Floki Inu community tries to list on leading cryptocurrency exchanges

The community of the “meme token” Floki Inu, accidentally advertised by Elon Musk, launched petitions on Change.org for listing on Binance, Coinbase and Kraken. According to the terms of the petition, it will be sent to the Kraken exchange after it has collected 5,000 signatures. At the same time, the authors of the petition emphasize that “the volumes of FLOKI have become very significant even without listing on large cryptocurrency exchanges, and this indicates a…

BitMEX CEO Gregory Dwyer’s trial postponed until October 2022

The trial of Gregory Dwyer, head of business development at the BitMEX derivatives exchange, has been postponed until October 2022 due to his extradition from Bermuda to the United States. In October 2020, the New York Federal Attorney’s Office accused Gregory Dwyer, BitMEX CEO Arthur Hayes, exchange CTO Samuel Reed and co-founder Benjamin Delo of violating the Banking Law. confidentiality, illegal business conduct in the United States and non-compliance with KYC and AML procedures. In…

Ontario regulator warns about lack of license from Binance exchange

The Ontario Securities Commission has warned the public that cryptocurrency exchange Binance is not registered with the regulator and cannot provide services in the province. According to a statement from the Ontario Securities Commission (OSC), none of the legal entities in the Binance group of companies are incorporated under Ontario securities laws. This means that the exchange is not authorized to offer trading in financial derivatives or securities to individuals or organizations located in the…

Robinhood Will Launch A Beta Cryptocurrency Wallet In January 2022

The Robinhood trading platform announced the imminent launch of the beta version of its own cryptocurrency wallet – users will be able to start testing as early as January 2022. An article in the company’s blog reports that tens of thousands of users are now on the “waiting list” for testing a cryptocurrency wallet. Already in the middle of next month, they will have access to the beta version of the application. In total, the…

S&P Global: Block.one, MicroStrategy and Tesla own 84% of corporate Bitcoin investments

The S&P Global analytical group believes that in 2022 other institutional investors will join these companies, so far only showing an interest in the cryptocurrency industry. S&P Global analysts have released a report called “Global Credit Outlook 2022″, in which they state that trends in the development of cryptocurrencies and DeFi will gain momentum in 2022. The authors of the study acknowledge that existing problems may hinder global adoption of cryptocurrencies in 2022. Despite this,…

Anthony Pompliano: Bitcoin volatility cannot be measured in dollars

Cryptocurrency enthusiast Anthony Pompliano believes that it is a mistake to use the US dollar to assess the volatility of Bitcoin, since it is also “overly volatile.” Anthony Pompliano said this in an interview during the Squawk Box program on CNBC. Program host Joe Kernen asked Pompliano if bitcoin’s volatility could prevent it from becoming a reliable vehicle for payments and settlements. Pompliano responded that many people have a misconception about the volatility of the…