oldcrypton
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oldcrypton
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🟠 Memeland loses an investor
Memeland developers announced the exclusion of an investor from a private round of financing.
The reason for this was the premature leak of information about the listing of the $MEME token on Binance.
“We continue to work closely with leading partners like Binance to deliver the best for both of our communities!” the project team tweeted.
Memeland developers announced the exclusion of an investor from a private round of financing.
The reason for this was the premature leak of information about the listing of the $MEME token on Binance.
“We continue to work closely with leading partners like Binance to deliver the best for both of our communities!” the project team tweeted.
📈 Solana for $3211
Investment firm VanEck (one of those with a bid for a spot Bitcoin ETF) published a report outlining varying estimates of Solana's future price.
According to their analysts, the price of $SOL by 2030 could range from $9.81 (bearish scenario) to $3,211.
In a “normal” scenario, the price of the coin will rise to $335.
Investment firm VanEck (one of those with a bid for a spot Bitcoin ETF) published a report outlining varying estimates of Solana's future price.
According to their analysts, the price of $SOL by 2030 could range from $9.81 (bearish scenario) to $3,211.
In a “normal” scenario, the price of the coin will rise to $335.
🔹 There will be no Ethereum update this year
The developers have confirmed that the Dencun update will not be deployed to the mainnet this year.
Over the past few months, during its testing, constant problems arose in its operation.
Let us remind you that the main goal of the Dencun update is to reduce commissions in Layer 2 networks.
The developers have confirmed that the Dencun update will not be deployed to the mainnet this year.
Over the past few months, during its testing, constant problems arose in its operation.
Let us remind you that the main goal of the Dencun update is to reduce commissions in Layer 2 networks.
🗿 Floki will tokenize assets
The developers announced the launch of the TokenFi platform for asset tokenization.
Along with it, a token with the ticker $TOKEN will appear, trading of which will begin tomorrow at 18:00 (Moscow time/Kyiv). You can find out the contract and more here.
Details on this platform and its roadmap will be known tomorrow, after the launch of the token.
The developers announced the launch of the TokenFi platform for asset tokenization.
Along with it, a token with the ticker $TOKEN will appear, trading of which will begin tomorrow at 18:00 (Moscow time/Kyiv). You can find out the contract and more here.
Details on this platform and its roadmap will be known tomorrow, after the launch of the token.
💸 Memeland raised $12 million
Users contributed a total of 6,500 ETH (~$12 million) to the MEME token presale.
The planned collection amount has already been exceeded by 50%, and there are still ~21 hours left until the end.
Users contributed a total of 6,500 ETH (~$12 million) to the MEME token presale.
The planned collection amount has already been exceeded by 50%, and there are still ~21 hours left until the end.
🤖 $500,000 worth of ETH was stolen from a trading bot
Telegram bot Maestro was hacked today, as a result of which about 280 ETH were stolen from 105 users.
However, the team promptly fixed the vulnerability and then fully compensated the users for losses.
Telegram bot Maestro was hacked today, as a result of which about 280 ETH were stolen from 105 users.
However, the team promptly fixed the vulnerability and then fully compensated the users for losses.
🤬 SEC is trying to dump the market
BlackRock's Bitcoin ETF ticker has been removed from DTCC (which processes transactions in the securities markets). A Bloomberg analyst said this is because the SEC issued some kind of notice to the company.
Against this background, Bitcoin immediately dropped to $33,500, but has now returned to the level of $34,000.
By the way, the DTCC website has stopped working and has been in this state for quite some time 😁
BlackRock's Bitcoin ETF ticker has been removed from DTCC (which processes transactions in the securities markets). A Bloomberg analyst said this is because the SEC issued some kind of notice to the company.
Against this background, Bitcoin immediately dropped to $33,500, but has now returned to the level of $34,000.
By the way, the DTCC website has stopped working and has been in this state for quite some time 😁
🌚 Ledger upsets the community
Ledger Nano X wallets have launched the controversial “Recover” function, which allows you to restore the wallet’s Seed phrase. The cost of subscription to the feature is €10/month.
The service was introduced back in May. However, it was met with a huge stream of criticism. Users fear that with the help of Ledger Recover the manufacturer will be able to gain access to wallets.
Ledger Nano X wallets have launched the controversial “Recover” function, which allows you to restore the wallet’s Seed phrase. The cost of subscription to the feature is €10/month.
The service was introduced back in May. However, it was met with a huge stream of criticism. Users fear that with the help of Ledger Recover the manufacturer will be able to gain access to wallets.
🟣 Polkadot developers are being fired
According to media reports, Parity Technologies (the company behind Polkadot) will fire most of its employees. One of them said the firm was spending money as if it were in a bull market.
Moreover, the Web3 Foundation (which partially funds Parity) is also allegedly planning to cut 40% of its staff.
Some employees believe the reason for this is the huge salaries of management ($1 million per year).
According to media reports, Parity Technologies (the company behind Polkadot) will fire most of its employees. One of them said the firm was spending money as if it were in a bull market.
Moreover, the Web3 Foundation (which partially funds Parity) is also allegedly planning to cut 40% of its staff.
Some employees believe the reason for this is the huge salaries of management ($1 million per year).
🎉 Vitalik does not sell ETH
The founder of Ethereum wrote that he himself has not sold the asset for personal gain since 2018.
“If you see the article “Vitalik sends XXX ETH to the exchange,” it almost always means that I am making a donation to some charity, non-profit or other project,” Vitalik added.
The founder of Ethereum wrote that he himself has not sold the asset for personal gain since 2018.
“If you see the article “Vitalik sends XXX ETH to the exchange,” it almost always means that I am making a donation to some charity, non-profit or other project,” Vitalik added.
👮🏻The EU obliged crypto firms to transfer data to the tax authorities
The European Union has adopted a directive that obliges crypto firms to provide tax authorities with information about user assets and transactions.
This includes stablecoins, NFTs, decentralized protocol tokens, and staking income. The Directive will enter into force 20 days after publication in the Official Journal of the EU.
“The Directive will improve Member States’ ability to detect and combat tax fraud and tax evasion by requiring all EU-based crypto asset service providers, regardless of their size, to report the transactions of their EU-based customers.”
The European Union has adopted a directive that obliges crypto firms to provide tax authorities with information about user assets and transactions.
This includes stablecoins, NFTs, decentralized protocol tokens, and staking income. The Directive will enter into force 20 days after publication in the Official Journal of the EU.
“The Directive will improve Member States’ ability to detect and combat tax fraud and tax evasion by requiring all EU-based crypto asset service providers, regardless of their size, to report the transactions of their EU-based customers.”
🛠 Twitter is testing a new method of fighting bots
Twitter has launched a new "Not A Bot" subscription service in New Zealand and the Philippines. Subscription cost is $1/year.
Subscription is required for new users; without a subscription, only reading posts is available. According to the developers, this will reduce the number of bots and spammers on the platform.
However, many users have noticed that most bot accounts already have a blue check mark.
Twitter has launched a new "Not A Bot" subscription service in New Zealand and the Philippines. Subscription cost is $1/year.
Subscription is required for new users; without a subscription, only reading posts is available. According to the developers, this will reduce the number of bots and spammers on the platform.
However, many users have noticed that most bot accounts already have a blue check mark.
👀 Fantom Foundation was robbed
The Fantom Foundation telegram channel reported today that due to a zero-day exploit in Google Chrome, “hundreds of thousands of dollars” were stolen from the foundation’s wallets.
The team is currently tracking these funds. They added that there is nothing to worry about and most of the Fantom Foundation funds are stored in cold wallets.
The Fantom Foundation telegram channel reported today that due to a zero-day exploit in Google Chrome, “hundreds of thousands of dollars” were stolen from the foundation’s wallets.
The team is currently tracking these funds. They added that there is nothing to worry about and most of the Fantom Foundation funds are stored in cold wallets.
🪙 Sui has problems
South Korea's financial regulator said it will investigate Sui developers for manipulation of the token supply. Against this background, $SUI fell by 8% today.
The Sui Foundation, of course, denies all accusations.
South Korea's financial regulator said it will investigate Sui developers for manipulation of the token supply. Against this background, $SUI fell by 8% today.
The Sui Foundation, of course, denies all accusations.
🦊 MetaMask was removed from the AppStore
The Apple AppStore has removed the MetaMask cryptocurrency wallet from its list of applications.
Enterprising Twitter users have already started selling iPhones with the wallet app installed on them.
The Apple AppStore has removed the MetaMask cryptocurrency wallet from its list of applications.
Enterprising Twitter users have already started selling iPhones with the wallet app installed on them.
👀 Are hackers from Russia behind the FTX hack?
Analytics company Elliptic says some of the funds stolen from the exchange were mixed with assets of Russian criminal groups.
The company also does not exclude the possibility that the North Korean hacker group Lazarus or one of FTX’s internal employees was involved in the hacking.
Analytics company Elliptic says some of the funds stolen from the exchange were mixed with assets of Russian criminal groups.
The company also does not exclude the possibility that the North Korean hacker group Lazarus or one of FTX’s internal employees was involved in the hacking.
💀 Someone exchanged $131,000 for $0
After unlinking the USDR stablecoin, one of the users tried to quickly get rid of it, but mistakenly exchanged 131,350 USDR for 0 USDC.
By the way, one of the MEV bots managed to earn $107,000 from this.
After unlinking the USDR stablecoin, one of the users tried to quickly get rid of it, but mistakenly exchanged 131,350 USDR for 0 USDC.
By the way, one of the MEV bots managed to earn $107,000 from this.
💰 Tether will have a new CEO
The new CEO of the company will be Paolo Ardoino, who currently holds the role of CTO.
He will take over this position in December.
The new CEO of the company will be Paolo Ardoino, who currently holds the role of CTO.
He will take over this position in December.
📜 More than $500,000 was bridged to the Scroll mainnet
The developers unofficially launched the mainnet on October 8th.
According to the Dune dashboard, 370 ETH ($577 thousand) were transferred to the network through third-party bridges (for example, Owlto).
The team asks users not to engage in this and wait for the official announcement, as there is a risk of losing funds.
The developers unofficially launched the mainnet on October 8th.
According to the Dune dashboard, 370 ETH ($577 thousand) were transferred to the network through third-party bridges (for example, Owlto).
The team asks users not to engage in this and wait for the official announcement, as there is a risk of losing funds.
💸 How FTX stupidly lost money
A former Alameda engineer described three incidents in which FTX lost a total of $190 million.
In the first, an Alameda trader clicked into DeFi using a fake link that was at the top of Google search results. As a result, more than $100 million was stolen from the wallet.
“Private keys and exchange API keys were stored in clear text in a file that multiple employees had access to.” After a while, there was a data leak and $50 million.
$40 million was staked on a new little-known blockchain. Over time, blockchain developers stole all FTX funds.
A former Alameda engineer described three incidents in which FTX lost a total of $190 million.
In the first, an Alameda trader clicked into DeFi using a fake link that was at the top of Google search results. As a result, more than $100 million was stolen from the wallet.
“Private keys and exchange API keys were stored in clear text in a file that multiple employees had access to.” After a while, there was a data leak and $50 million.
$40 million was staked on a new little-known blockchain. Over time, blockchain developers stole all FTX funds.
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