Author: Administrator

Regulation Reading time: ~2 m Proposals to subpoena close relatives of FTX founder Sam Bankman-Freed and senior staff of the bankrupt trading floor met with fierce resistance from the Trustee, a branch of the US Department of Justice. Members of the organization were against such a scenario. This institution dealt with the bankruptcy of a cryptocurrency organization. Trustee Andrew Vara noted in a court document that an independent expert is needed to make decisions on the matter. However, he has not yet been appointed. His candidacy will be discussed at the hearings, which will be held on February 6, 2023.…

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Analytics Reading time: ~2 m DOGE and SHIB have been trying to keep up with the Bitcoin rally that the first cryptocurrency saw in January. However, the result was not so significant. If BTC has risen in price by 44.5%, then the two most popular meme tokens were able to add only 27% and 40.7%. Experts conclude that a strong catalyst is needed to move Doge forward. Elon Musk, who has always been the coin’s biggest fan, is rumored to be developing an independent cryptocurrency for Twitter. This has an extremely negative effect on the Dogecoin exchange rate. The Google…

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Altcoins Reading time: ~2 m DOGE and SHIB have been trying to keep up with the Bitcoin rally that the first cryptocurrency saw in January. However, the result was not so significant. If BTC has risen in price by 44.5%, then the two most popular meme tokens were able to add only 27% and 40.7%. Experts conclude that a strong catalyst is needed to move Doge forward. Elon Musk, who has always been the coin’s biggest fan, is rumored to be developing an independent cryptocurrency for Twitter. This has an extremely negative effect on the Dogecoin exchange rate. The Google…

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Safety Reading time: ~2 m SlowMist security experts revealed the details of the Orion Protocol hack that took place on February 3, 2023. According to the team’s report, smart contracts were attacked by hackers and the attackers made a profit of about $3.027 million. According to the researchers, the depositAsset function of the ExchangeWithAtomic contract was first called to make a deposit of $0.5 USDC tokens in preparation for the next stage of the attack. The attacker then made a $284.7k USDT flashloan (instant loan) and then called the doSwapThroughOrionPool function of the ExchangeWithAtomic contract to swap the tokens, specifying…

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Other Reading time: ~2 m The head of the NFT department at Mastercard left the company, accusing management of harassment and ineffective management Mastercard’s head of non-fungible token (NFT) product offerings, Satvik Sethi, left the company after accusing management of harassment and emotional pressure. He wrote about this on his Twitter page. Sethi also pointed out the stupid decisions at the management level that disrupted communication. “There were months when I did not receive my salary until I asked for it from the entire hierarchy [руководства]besides many other issues,” Sethi said. Due to visa issues, Sethi had to move to…

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Regulation Reading time: ~2 m A class action lawsuit has been filed against well-known cryptocurrency YouTube influencer Logan Paul and his associates. They came under the guns of the law enforcement agencies because of the CryptoZoo crypto project. Don Holland, a resident of Texas (USA), filed a lawsuit and stated that the defendants were fraudsters who misappropriated the crypto-currency assets of gullible users. According to the plaintiff, the CryptoZoo project was promoted through Paul’s online platforms, which convinced thousands of people to purchase the product. The influencer’s partners were named Daniel Strobel, Jeff Levin, Abby Ibanez, Jake Greenbaum and Ofir…

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Other Reading time: ~2 m Ebay, an American online trading platform, has posted a list of vacancies related to non-fungible tokens (NFT) and Web3 on Linkedin. Over the past 24 hours, more than 80 people have applied for positions. The vacancies are related to the acquisition of the KnownOrigin NFT trading platform in June last year. The company is looking for a Digital Asset Advisor, Community Manager, and Marketing Campaign Leader for KnownOrigin. Over the past 24 hours, 17 people have applied for the position of attorney, 31 people for the position of community manager, and 37 people for the…

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Mining Reading time: ~1 m The prosecutor’s office of the Irkutsk region, together with the Ministry of Emergency Situations and the police, discovered two illegal mining farms in the regional mental hospital. The equipment was located in the attic of a medical institution in the village of Sosnovy Bor. The scale of “attic mining” was not too large – one farm consisted of 8 ASIC miners, and 5 devices worked in the other. However, they were located above the premises where patients are kept. Given the fire hazard of illegal mining, such activity could lead to tragedy. At the same…

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Other Reading time: ~2 m Cryptocurrency exchange Binance has signed a memorandum of understanding with the Georgian Innovation and Technology Agency (GITA) to implement blockchain initiatives. Cooperation under the agreement will include various educational and charitable initiatives from Binance Academy and Binance Charity, as well as local events and hackathons from BNB Chain. “Through this collaboration, Binance will facilitate the generation of new startup ideas and the implementation of projects focused on commercialization,” said GITA Chairman Avtandil Kasradze. This is not the exchange’s first educational initiative in the country. Last month, Binance signed a memorandum of cooperation with the University…

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Analytics Reading time: ~2 m Ethereum price analysis shows that the bulls were able to push Ethereum (ETH) above the $1670 level again after some consolidation. The bulls have successfully held their positions and have achieved sufficient gains over the past week. The price has also risen significantly in the past twenty-four hours and is now at $1,671, up 5.57% from yesterday’s close of $1,581. The last few hours have been very encouraging for buyers as the price has slipped above the $1670 level. The trend continues today as the bulls expand their influence. Cryptocurrency price heat map, Source: Coin…

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