Category: News

September 17, 2022
Utoday: EthereumPoW (ETHW) Community Targeted by Twitter Scam

EthereumPoW (ETHW) is the most popular of the post-Merge Ethereum (ETH) hard forks running on the proof-of-work (PoW) consensus. Now scammers are trying to benefit from its increasing popularity. Fake EthereumPoW (ETHW) accounts flooded Twitter According to a statement shared on EthereumPoW (ETHW) social media, a number of fake accounts and websites are impersonating the largest PoW […]

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September 4, 2022
PwC Account Hacked to Promote XRP Scam

The official Twitter account of PricewaterhouseCoopers (PwC) Venezuela has been hacked in order to promote an XRP scam. It is advertising “a big event” with Ripple CEO Brad Garlinghouse that is supposed to take place an hour from now. Its tweet encloses a link that is supposed to bait potential victims into sending their crypto. […]

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August 21, 2022
Stablecoin Fei (FEI) Might Be Shut Down Soon

Ethereum (ETH) veteran Joey Santoro, founder of Fei Labs, published a proposal to redeem FEI tokens to DAI and to distribute protocol controlled value (PCV) between TRIBE holders. Fei (FEI) stablecoin project closing; Fei Labs leaves DAO Mr. Santoro has taken to Twitter to announce that the Fei (FEI) architecture will be shutting down due […]

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August 14, 2022
“DeFi Hub of Polkadot” Suffers Major Hack

Acala, the decentralized hub of the Polkadot network, has suffered a major security breach, which promoted it to pass an urgent vote to pause operations. The project’s team is currently working on investigating and mitigating the issue. The hack was allegedly caused by a bug in the iBTC/AUSD pool. The security vulnerability allowed the attacker […]

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August 6, 2022
Polygon Network (MATIC) TVL Surpassed by This Ethereum L2

Second-layer solutions on top of the Ethereum (ETH) network become increasingly popular in 2022; L2 majors Optimism and Arbitrum are hosting over 160 protocols combined. Optimism (OP) now exceeds Polygon (MATIC) by this crucial metric Optimism (OP), a largest rollup-based second-layer scaling solution for the Ethereum (ETH) network, has accomplished yet another milestone in terms of […]

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July 30, 2022
Ethereum Developer Reveals Timeline for Final Testnet "Merge" Upgrade

In a tweet, Ethereum developer Tim Beiko shares the expected timeline for the Goerli proof-of-stake transition. Also, in a blog post shared alongside the tweet, the team notes that after numerous devnets, shadow forks and merges on deprecated testnets, Goerli and its accompanying Beacon Chain, Prater, are the only remaining testnets to undergo the "Merge." In this case, […]

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July 23, 2022
Almost $6 B Lost by Cryptocurrency Investment Funds Like 3AC, Celsius and Others

Cryptocurrency investment funds lost almost $6 billion worth of Bitcoin following the massive liquidation series on the cryptocurrency market back in the May-June period. The biggest loser on the market is, as expected, the Luna Foundation Guard. The largest portion of the coins that were lost is tied to the series of large liquidations that appeared […]

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July 17, 2022
Utoday: Celsius Has $1.2 Billion Hole in Balance Sheet

Utoday: Embattled cryptocurrency lender Celsius recently filed for bankruptcy protection Celsius CEO Alex Mashinsky has admitted that the company had a $1.2 billion hole in its balance sheet gap, according to the company’s bankruptcy documents. It was previously rumored that the huge balance sheet hole was the reason why cryptocurrency exchange FTX passed on the […]

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July 7, 2022
Binance to Eliminate Fees for Bitcoin Spot Trading

Utoday: Binance has moved to remove fees for slew of Bitcoin spot trading pairs Binance, the world's largest cryptocurrency exchange by reported trading volumes, has removed fees for a wide range of Bitcoin spot pairs on the occasion of its fifth anniversary, according to an announcement posted this Wednesday. Users will be able to trade Bitcoin against […]

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