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All Paxful users can now buy and sell USDT, add bank details and send bitcoins to their username. International P2P cryptocurrency platform Paxful today announced the launch of peer-to-peer transactions in Tether (USDT). Now all verified users can protect their funds from Bitcoin price fluctuations and trade the USDT stablecoin with the highest market capitalization. This feature has been successfully tested in Nigeria and several other regions: “To show our respect for one of our
Amid the coronavirus pandemic, the revenue of the Chinese mining company Ebang in the first half of 2020 was halved compared to the same period last year. According to the financial statements of Ebang, filed with the US Securities and Exchange Commission (SEC), the company’s net revenue in the first six months of this year decreased by $ 11 million (50.6%), while in the first half of 2019 it was $ 22.35 million. Ebang Chairman
The developer of the token that has risen in price by 100,000% has created a test version of the new DeFi project. His address on the Ethereum network was found by traders and immediately transferred $ 15 million there. Later, the funds were discovered by a hacker. https://s0.rbk.ru/v6_top_pics/resized/1180xH/media/img/0/57/756013613016570.png” /> On the night of September 29, traders lost $ 15 million in cryptocurrency. The reason for this was curiosity and, probably, the pursuit of quick money.
In 2020, investing in BTC brought its holders several times less profit than buying altcoins. Some of them have risen in price by thousands of percent. Analysts told which cryptocurrencies remain undervalued and retain great potential for price growth. In 2020, Bitcoin remains a symbol of the cryptocurrency market, but it is not a leader in terms of profitability. BTC has risen 46% since January, which is significantly weaker than most other coins. For example,
The “white hacker” under the pseudonym samczsun discovered a vulnerability in the Lien Finance smart contract on the Ethereum blockchain, preventing the theft of 25,000 ETH (about $ 10 million). Samczsun discovered the vulnerability on September 15th while searching for bugs in Ethereum smart contracts. The “hacker” accidentally found the Lien Finance protocol contract, which contained over 25,000 ETH. samczsun found out that anyone could withdraw coins from this smart contract. It had a “burn”
Under the new law, the Crypto-Assets and Related Operations Authority (Sunacrip) will regulate all mining activities in Venezuela. Despite the fact that mining is allowed in Venezuela, the country’s authorities intend to make it more centralized. Now the production of ASIC miners, the construction of mining farms, the import of equipment and the distribution of rewards among the cryptocurrency miners will be controlled by regulators. In addition, the new law obliges all miners to become
The Polkadot developers have released a Substrate 2.0 update that allows decentralized applications to interact with the outside world without the involvement of third-party oracles. Substrate is an infrastructure with a set of tools that developers can use to create their own blockchain for various applications. These blockchains can be launched independently or integrated into the Polkadot shard network (parachains). A key feature of Substrate 2.0 is the off-chain worker module, which runs off-chain and
Lightning Labs developer Joost Jager described a micropayment network vulnerability that could lead to compromise of Lightning Network channels at low cost. Joost Jager said the Lightning Network could attack Wumbo payment channels, which allow for larger transactions on the network and increase transaction volumes. Prior to the addition of Wumbo Channels this summer, users could create channels with a maximum capacity of 0.1677 BTC – this limitation was made as a precautionary measure. Jager
The People’s Bank of China (PBOC) has begun blacklisting the accounts of large OTC cryptocurrency traders as part of its anti-money laundering program. According to WuBlockchain, China’s Central Bank has launched a campaign against money laundering through cryptocurrencies. The initiative to blacklist linked accounts is part of a broader anti-money laundering effort in China. Earlier this year, the NBK launched a campaign to eradicate illicit proceeds and requested account information and transaction details from banks
The BRD (formerly Bread) wallet developers have unveiled the Blockset toolkit, developed in collaboration with Chainalysis, CipherTrace and Elliptic. The service is aimed at complying with the AML rules. The Bread wallet was launched in 2014 and became the first Bitcoin wallet available on the Apple app store. A few years later, the project held an ICO, where it raised about $ 32 million, after which it changed its name to BRD and added support