Liquality developer Mohammed Nokhbeh has discovered a vulnerability in the Ledger hardware wallet that leads to the withdrawal of bitcoins instead of altcoins. The developers presented a report that described how the attack works. The attacker creates an imaginary transaction with any altcoins, during which bitcoins are debited from users. For example, a trader may have the impression that he is sending 0.01 LTC, but in fact 0.01 BTC will be sent from his wallet.

Cryptocurrency hedge fund Neural Capital announced it would close after losing half of its capital. The fund was launched in 2017. According to local media reports, the crypto assets of the Neural Capital fund were liquidated back in December, and some of the cash is still kept in escrow accounts, which violates the previously agreed storage periods for several months. However, the fund is already returning the remaining funds to investors. By 2019, Neural Capital

The developer of the decentralized crypto-ruble DeFi platform MonolithosDAO announced that on Monday, August 3, the second stage of the MDT token sale – a token for managing the Monolithos network – has started. At this stage, the liquid MDT / ETH pair is added to the listing of the Uniswap decentralized exchanger. Monolithos is allocating 500K MDT for sale on Uniswap and providing them with Ether. The initial token price was $ 0.42 and

Bitcoin developers have released an updated version of the main software client Bitcoin Core 0.20.1 with a mechanism to limit the “misbehavior” of peers. The Bitcoin Core client update contains only minor changes and improvements, unlike the previous version of Bitcoin Core 0.20, which was presented in early June. Version 0.20 was mainly aimed at moving away from the OpenSSL cryptographic library, which caused bugs, crashes and network problems. According to the accompanying documentation, the

Monero and Tari Labs will present a guide for cryptocurrency exchanges to place cryptoassets with increased privacy. The document will be released under the title “The Fundamentals and Regulation of Privacy-Enabling Cryptocurrencies”. It will be published by the law firm Perkins Coie. The developers explained that the guide will be a “white paper” detailing how the improved tools can reduce the risks associated with anonymous cryptocurrencies. Marketplaces will receive instructions on how to place XMR

The biggest damage in the blockchain industry comes from Ponzi schemes. They are especially popular with scammers who deceive hundreds of thousands of people every year. 1. How do financial pyramids work? The organizer of the pyramid scheme invites investors, promising them high profits in the future. There are two conditions: the victims must contribute money and invite new members. Those are given a similar task and so on along the chain. All the profits

The UK central bank is updating the RTGS payment and settlement system so that it can support the operation of the government cryptocurrency in the future if it is released. The Bank of England wants the updated Real Time Gross Settlement System (RTGS) – the payment network used by UK financial institutions – to be directly compatible with the government’s cryptocurrency. The new settlement system is being developed so that the Central Bank can use

According to analyst firm Glassnode, about 93% of all BTC addresses contain “profitable” bitcoins after the price of the cryptocurrency exceeded $ 11,000. According to Glassnode, these addresses contain bitcoins, which have increased in value since they were transferred to the wallet. Now the number of such addresses has exceeded 93% of all BTC addresses. Moreover, on July 20, there were no more than 72% of such addresses. The last time over 90% of addresses

Iran has allowed large-scale BTC mining operations at power plants. Interested businesses will have to follow certain rules, some of them have already applied for mining. According to local Irna News, Iran has allowed the country’s largest power plant operators to deploy and operate Bitcoin mining farms subject to certain rules. Mostafa Rajabi Mashhadi, deputy head of Iran’s national electricity council, Tavanir, said power plants can mine BTC if they comply with regulatory requirements, obtain

Over the past three days, Tether has issued USDT stablecoins totaling $ 540 million on the Tron and Ethereum blockchains, according to Whale Alert. According to the analytical service Whale Alert, on July 29, USDT worth $ 300 million was issued on the Tron blockchain. In addition, on July 22 and 23, the service recorded two more operations to issue USDT stablecoins on the Ethereum blockchain. Each of them was the equivalent of $ 120