September 7, 2022 marks exactly one year since El Salvador became the first country in the world to accept bitcoin as legal tender. Exactly one year ago, after the decision of President Nayib Bukele, local legislators enacted a special bitcoin law. El Salvador became the first country to accept bitcoin as legal tender, along with […]
Ethereum Developers After Bellatrix Update: We See No Danger in Skipped Blocks
The community monitoring the impact of the Bellatrix update on Ethereum has noticed that the number of first-time blocks not confirmed on the network has increased significantly and is alarming. The latest major update caused the network to malfunction, according to Twitter user Martin Köppelmann. He was the first to sound the alarm, saying that […]
ECB: Digital euro is more for personal use than Web3
Representatives of the European Union said that the retail digital euro will not allow companies to pay bills or pay salaries, and also be used in decentralized finance. Restrictions are imposed for the first time after the launch of the digital currency. The first stage will only be for transfers of funds between people and […]
Economist Peter Schiff Compares Bitcoin to a Shipwreck
One of the most vocal critics of bitcoin, urges investors to stop investing in BTC. In his opinion, bitcoin competes worse and worse with other cryptocurrencies and NFTs. On Tuesday, September 7, the bitcoin rate fell to $18,508. Economist Peter Schiff took advantage of the fall and bearish sentiment in the market to once again […]
Curve Finance is about to launch a stablecoin pegged to the US dollar
The developers of the popular stablecoin exchange platform Curve Finance have marked up a code library for smart contracts of the future crvUSD stablecoin. Curve Finance is one step closer to launching its own crvUSD stablecoin. The developers have posted the source code of the stablecoin blockchain in the public domain on GitHub. The code […]
South Korea arrests 82 drug dealers for cryptocurrencies
South Korean police, using programs to track illegal crypto transactions, have revealed a large drug trafficking scheme for bitcoins and altcoins. The National Police Department of Gyeongbuk city in South Korea reported that law enforcement officers detained 82 suspects of selling and buying drugs for cryptocurrency. According to law enforcement officers, four twenty-year-old young men […]
Three U.S. agencies warned of rising ransomware threat at once
The FBI has issued guidance to users on how to prevent cyberattacks and asked them to report any information about hackers, including IP addresses and crypto wallet addresses. The US Cybersecurity Council, which includes the Federal Bureau of Investigation, the Interstate Clearinghouse and Analysis Center, and the Cybersecurity and Infrastructure Security Agency, released a bulletin […]
Lucky solo miner mined $117,000 Bitcoin block
To mine the BTC block, miners unite, but sometimes luck can smile on a loner. A pool member with a hashrate of 270 Tx/s used the one-in-a-million chance and received 6.25 BTC. Bitcoin pool manager ckpool Con Kolivas tweeted that a solo miner from their pool with an ASIC power of 270 Tx/s figured out […]
SEBA Bank Cryptocurrency Platform Activates Ethereum Staking Services
Swiss crypto platform SEBA Bank has launched ETH staking services for large customers ahead of the Ethereum network merger. The SEBA Bank team announced that the reason for the launch of the service was the expectation of a future upgrade of the Ethereum network called Merge. The institutional grade offer will allow SEBA customers to […]
Whale Alert: Large Ethereum holders began to move ETH to trading platforms
According to the Whale Alert service, which tracks large cryptocurrency transactions, the so-called “whales” began to move ethers to trading platforms. ETH fell sharply 8% below $1500. According to a tweet from Whale Alert, the service detected several transactions with a large amount of ether. From an unknown address to the Huobi exchange was translated […]