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Cryptocurrency exchange Binance announced that the functionality of the recently hacked decentralized system Ronin Network Axie Infinity has been partially restored. Binance representatives on Saturday, April 2, announced that deposits and withdrawals for Axie Infinity (AXS) and Smooth Love Potion (SLP) on the Ronin (RON) network have resumed. However, the withdrawal of wrapped ether (WETH) on the Ethereum network and the conversion from WETH to ETH remain closed until the exchange deems these functions stable.
The Bored Ape Yacht Club (BAYC) project team has reported that their Discord account has been hacked. During the phishing attack, the hackers stole at least four collectible tokens. According to analytics firm PeckShield, unknown individuals hacked into the BAYC team’s account and posted a malicious link there to lure users to a fake site to create NFTs. The scammers managed to steal one valuable Mutant ApeYacht Club (MAYC) #8662 NFT, valued at over $70,000,
US police have accused a Florida resident of stealing $500,000 worth of bitcoins under the guise of another person’s identity. Filippos Liakounakos was formally charged with theft and fraud using someone else’s personal data for illegal actions. The attacker contacted an unsuspecting aspiring crypto investor, pretending to be his business partner. Then he convinced him to invest half a million dollars in bitcoin, of which he was going to receive $50,000 as a commission. When
Turkish prosecutors are seeking life imprisonment for more than 20 people suspected of involvement in the activities of the fraudulent cryptocurrency exchange Thodex. In April last year, the Turkish prosecutor’s office launched an investigation into the Thodex exchange in connection with the suspicion of defrauding about 390,000 investors. The investigation followed complaints from users who were unable to access their assets. Initially, the Turkish authorities assumed that the loss of the exchange’s customers exceeded $2
The Argentine Revenue Service (AFIP) has announced that it will involve digital currency holders and traders themselves in the fight against tax evasion. Previously, the authority itself requested information from crypto exchanges, but now the responsibility will fall on those users who are interested in AFIP. This was reported by the publication IproUP. The new requirements will oblige users to provide data such as public keys of their own wallets, a list of movements of
The Committee on Economic Affairs (ECON) has put to the vote in the European Parliament amendments obliging cryptocurrency companies to conduct AML procedures for all transactions. Today, March 31, the European Parliament will vote on amendments to the Committee on Economic Affairs (ECON), which will extend anti-money laundering (AML) rules to all cryptocurrency transactions, as well as restrict or prohibit transfers in cryptocurrency from the EU to places considered a tax haven . The proposed
MAC Cosmetics, together with the blockchain company ConsenSys, will issue a set of non-fungible tokens to help those infected with HIV. The Canadian cosmetics brand will release the NFT collection at Polygon and dedicate it to artist Keith Haring. The collection will have 5,275 NFTs divided into several price categories. All proceeds from the sale of tokens will have to go to support young people affected by HIV and AIDS. Keith Haring was an American
The developers of the Ronin Network sidechain involved in the game Axie Infinity reported a hacker attack during which the attackers managed to crack the private keys and steal 173,600 ETH and 25.5 million USDC. According to a Ronin Network publication, the Ronin Sky Mavis and Axie DAO validator nodes were compromised on March 23rd. The Ronin Sky Mavis network currently consists of 9 validator nodes. Five out of nine validator signatures are required to
The German Deutsche Bank believes that the use of NFTs on Instagram will increase user confidence in collectible tokens. A recent report from Deutsche Bank suggests that NFTs could go mainstream thanks to support from Meta. The initiative of the owner of the social network can lower the barrier to entry into the NFT market. The authors of the report clarify: the provision of non-fungible tokens to a multi-million audience can lead to a reboot