Finance world news

Mandy Op.

Mandy Op.

Curve hacker may return funds - Peckshield

Curve hacker may return funds - Peckshield

Peckshield noticed that the Curve hacker was sending a likely test transaction to one of the platform's developers with the message: "Please confirm that "0xbabe61887f1de2713c6f97e56762623453d3C79f67" - is your address so we don't make a mistake." So far, almost 5,000 ETH has already been transferred from the hacker's address to

1inch Network announces partnership with Ground X

1inch Network announces partnership with Ground X

Aggregator 1inch Network has announced a partnership with fintech firm Ground X, a subsidiary of Kakao. As part of the agreement, the platform's API will be integrated into Klip, a cryptocurrency wallet popular in South Korea. The wallet offers authorisation through a social media account. It supports Klaytn, Ethereum and

Media learnt that China remains Binance's main market

Media learnt that China remains Binance's main market

China remains Binance's main market, with a 13.4 per cent share of total trading volume. There are about 911,000 active users of the exchange in China. In May 2023, Binance's trading volume in this market exceeded $90bn with a total of $670bn.

Binance

Binance

Binance has received a licence in Dubai to provide exchange services The Dubai-based subsidiary of cryptocurrency exchange Binance (Binance FZE) has received a minimum viable product (MVP) licence from the local Virtual Asset Regulatory Authority (VARA). The operating licence allows the company to provide VARA-approved services in Dubai, including exchange

Curve has been hacked for more than $40 million

A hacker exploited a re-entry vulnerability in the alETH/msETH/pETH pools, which use the Vyper 0.2.15 programming language, and hacked for more than $24 million. Also, more than $21 million was stolen from the CRV/ETH pool - 7,680 ETH and 7.2 million CRV. More

Crypto-market flooded with "UFO-coins" amid accusations against the U.S. for withholding information about UFOs

Crypto-market flooded with "UFO-coins" amid accusations against the U.S. for withholding information about UFOs

The US House of Representatives National Security Oversight Subcommittee held a hearing on unidentified anomalous phenomena. As part of the event, former member of the Pentagon's Unidentified Aerial Objects Task Force (UAP) David Pears accused the authorities of withholding information on the subject. According to him, the U.S. government

'Blessing through cryptocurrency': US couple accused of $6m scam

'Blessing through cryptocurrency': US couple accused of $6m scam

The Commodity Futures Trading Commission (CFTC) has accused a married couple from Tennessee of creating a fraudulent scheme involving cryptocurrencies. Michael and Amanda Griffis, owners of a real estate company in Clarksville, offered clients to invest in a pool called "God's Blessing Through Cryptocurrency." Between July 2022 and January 2023,

Arkham paid $5,000 for Do Kwon and Terraform Labs wallet data

Arkham paid $5,000 for Do Kwon and Terraform Labs wallet data

A warrant was placed on the Arkham Exchange platform for wallet information of Terraform Labs and its co-founder Do Kwon. An unknown user and an OXT Research project analyst under the pseudonym ErgoBTC executed it, for which they received over $5000.

Coinbase will close its Borrow loan programme in November 2023

Coinbase will close its Borrow loan programme in November 2023

Cryptocurrency exchange Coinbase plans to fully close its bitcoin-backed lending programme by the end of November 2023. Participants in the programme are asked to close all obligations early. Coinbase's decision only affects retail customers.

The UK has abandoned a plan to equate cryptocurrency with gambling

The UK has abandoned a plan to equate cryptocurrency with gambling

The UK government has rejected a proposal by the House of Commons Treasury Committee to regulate cryptocurrency as gambling. The Treasury explained that the system of legal measures applicable to gambling would not eliminate the risks of the cryptocurrency segment.