Finance world news

Cryptonews

1inch proposed to allocate $900,000 to Lamborghini Revuelto

1inch proposed to allocate $900,000 to Lamborghini Revuelto

The 1inch project has been asked to allocate $900,000 in ARB proceeds from the Arbitrum DAO to purchase a Lamborghini Revuelto for marketing purposes. According to the user who put forward the vote, he will drive around Kiev with 1inch plates, thereby promoting the project. 97.18% of the

THORChain network temporarily suspended due to potential vulnerability

THORChain network temporarily suspended due to potential vulnerability

Developers have temporarily suspended the THORChain network, due to a discovered vulnerability that potentially threatens user safety. The team promises to provide new details of the work in time.

Tether expects to post $700 million profit in the first quarter

Tether expects to post $700 million profit in the first quarter

Tether chief technology officer Paolo Ardoino said that the company's expected profit for the first quarter of this year is $700 million. With that in mind, the total overcollateralisation of the USDT stabelcoin would be $1.6 billion.

Coinbase tests ChatGPT capabilities to verify ERC-20 tokens

Coinbase tests ChatGPT capabilities to verify ERC-20 tokens

Exchange Coinbase has published the results of an experiment with ChatGPT. The platform used a chatbot to test the security of tokens based on the ERC-20 standard. During the tests the program was required to assess the risks of 20 projects. In 60% of cases the ChatGPT's conclusions completely coincided

Jefferies is thinking about buying and relaunching FTX

Jefferies is thinking about buying and relaunching FTX

Jefferies is in talks about possibly buying FTX assets. According to insiders, the company is exploring the prospect of relaunching the exchange. They are weighing the pros and cons, trying to see if FTX 2.0 can be brought back to the forefront of the cryptocurrency industry.

Signature's new owner must completely abandon the crypto business

Signature's new owner must completely abandon the crypto business

The new owner of collapsed bank Signature should completely stop any activity of the organization in the cryptocurrency market, the Federal Deposit Insurance Corporation (FDIC) ruled.

Solo miner mined bitcoin block

Solo miner mined bitcoin block

A solo miner mined block #780,112 in the Bitcoin blockchain, the Solo CK Pool administrator reported. This earned him 6.25 BTC. "A miner with that kind of power will solve a block about once every 10 months on average," the administrator added on Twitter.

WhiteBIT implemented authorization via Web3-wallet

WhiteBIT implemented authorization via Web3-wallet

Crypto-exchange WhiteBIT reported on the implementation of the possibility of authorization on the platform using Web3-wallet. The feature will be available on the web version of the platform. "Our mission is to open up technology to the community and make it accessible. So, WhiteBIT Exchange is taking the initiative and

$323 million was liquidated in the last 24 hours

$323 million was liquidated in the last 24 hours

Against the backdrop of negative news, the price of BTC fell below $20,000 and is now trading around $19,900, while ETH is around $1,400. The market capitalization is down about 6.65% and is $894 billion at the time of writing. Due to the market decline, about

Germany does not recognize NFTs as securities

Germany does not recognize NFTs as securities

The German financial regulator BaFin has warned that they could start scrutinizing NFTs if other countries introduce such a procedure. But so far they see no reason to classify NFTs as securities. "So far, BaFin is not aware of any NFTs that need to be classified as securities in the