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Due to a Trojan virus set up by a former Huobi employee, some user mnemonics or private keys of iToken (formerly Huobi Wallet) have been leaked. The employee has been investigated by the police.
https://x.com/wublockchain/status/1702917136950407590
IOTA will conduct a hardfork and increase the supply by 60%.
After the hardfork, there will be a bi-weekly token issuance that will last for four years. This token issuance over four years will correspond to a temporary inflation of 12% per year on average. At the end of these four years, the IOTA token supply will be 4,600,000,000,000 IOTA tokens (was 2.8 billion).
https://blog.iota.org/stardust-upgrade-iota-tokenomics/
Ethereum Holesky testnet failed to launch due to network configuration error.
https://x.com/christine_dkim/status/1702720372137738609
North Korea’s Lazarus Group has stolen $240M in crypto in just 104 days: Elliptic.
https://decrypt.co/197407/north-korea-lazarus-hacks-240m-crypto-just-104-days-elliptic
Coinbase inadvertently made $1 million as a result of the Curve hack.
The $73 million Curve exploit in July briefly pushed prices on the DeFi platform out of whack, and a trading bot paid 570 ETH to ensure it could take advantage of that once-in-a-lifetime arbitrage opportunity.
The Ethereum validator that received that payment was apparently run by Coinbase, making it an unwitting beneficiary of the incident.
Exploit victim Alchemix reached out to Coinbase to seek a refund for victims, but the crypto exchange has evidently not turned over the money.
https://www.coindesk.com/tech/2023/09/15/coinbase-inadvertently-earned-1m-due-to-hack-but-hasnt-reimbursed-victims/
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
The United States Securities and Exchange Commission (SEC) has accused Binance.US of non-cooperation in the ongoing investigation against the crypto exchange.
https://cointelegraph.com/news/binance-us-not-cooperating-sec-investigation
Animoca Brands subsidiary Darewise Entertainment to launch the first metaverse ecosystem token on Bitcoin; announces strategic engagement with Horizen Labs.
https://www.animocabrands.com/darewise-entertainment-to-launch-the-first-metaverse-ecosystem-token-on-bitcoin
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.06T. Bitcoin is trading at $26.5K
dropstab | icodrops | twitter | telegram
Roni Cohen-Pavon, the former chief revenue officer of cryptocurrency lending firm Celsius, has reportedly pleaded guilty to charges related to fraud and price manipulation.
https://cointelegraph.com/news/former-celsius-exec-pleads-guilty-criminal-charges
Krishna Juvvadi, head of legal, and Sidney Majalya, chief risk officer, are leaving Binance.US.
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-09-14-2023/card/binance-us-legal-risk-executives-leave-the-crypto-exchange-vQ1nP5C32KBv3O7neuyN
On September 13, the Ethereum network recorded 1,089,893 active unique wallets, the second highest number in history.
https://etherscan.io/chart/active-address
UPD: The transaction fee of 20 BTC was paid by Paxos.
https://cointelegraph.com/news/paxos-confirms-responsible-for-500k-mistaken-bitcoin-transaction
Sushi is live on Linea.
https://www.sushi.com/blog/Sushi-is-Live-on-Linea
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.05. Bitcoin is trading at $26.2K
dropstab | icodrops | twitter | telegram
The price of WLD has risen ~50% in 12 hours.
https://dropstab.com/coins/worldcoin
dYdX founder Antonio Juliano: “dYdX will lead the growth of DeFi derivatives towards the next 100x. We don’t plan to branch out to other products.”
https://x.com/antoniomjuliano/status/1702791981473161337
Exactly Protocol: “we have been in contact with the United States Department of Homeland Security (DHS), which has assigned a team of agents to our case.”
Exactly Protocol lost ~$7.3 million as a result of the hack.
https://x.com/exactlyprotocol/status/1702805320299372627
CZ said the CEO of Binance.US Brian Shroder has resigned to take a break.
Norman Reed – former SEC, New York Fed, Ripple, and DTCC executive will lead Binance.US in the market.
https://x.com/cz_binance/status/1702750076647412146
Burnt has launched Burnt Studio.
BurntStudio is a shop dedicated to building products that expand the perception, definition and scale of Web3.
https://x.com/burnt_xion/status/1702364773331992618?s=20
FTX users whose accounts have been locked and who have not yet filed a claim can now do so on the Kroll website.
https://x.com/sunil_trades/status/1702607290753249552
UPD: F2Pool has sent 20 BTC fee back to Paxos.
https://twitter.com/mempool/status/1702570463824642310
Clearpool announces a new borrower pool launched by Wincent, a crypto market maker.
https://x.com/ClearpoolFin/status/1702502239301235193?s=20
Bitcoin clean energy usage reportedly exceeds 50%.
Elon Musk said in 2021 that Tesla would accept Bitcoin payments once miners were using roughly 50% clean energy sources.
https://cointelegraph.com/news/bitcoin-clean-energy-usage-exceeds-50-percent-tesla-accepting-btc-payments
Top democrat Sherrod Brown tells SEC, CFTC to bolster crypto transparency with current authority.
https://www.theblock.co/post/251141/top-democrat-tells-sec-cftc-to-bolster-crypto-transparency-with-current-authority
FTX filed an objection to BlockFi’s bankruptcy plan.
FTX’s attorneys believe that “the Plan unfairly discriminates against the FTX Claims in certain respects” and have asked the Court to deny the plan.
https://blockworks.co/news/ftx-blockfi-sam-bankman-fried-oppose-bankruptcy-plan
CoinEx: The cause of the attack may be the leak of the hot wallet's private key.
https://announcement.coinex.com/hc/en-us/articles/19187420867348-Latest-Progress-of-the-Hacking-Attack-on-Sep-12-2023-Updated-on-Sep-14-
FTX's first week of crypto asset sales is capped at $50 million, with a $100 million limit for all subsequent weeks.
The limits can be increased upon approval by lenders.
https://beincrypto.com/court-approves-ftx-crypto-liquidation-plan/
Voice, an NFT marketplace, revealed its decision to cease its operations.
https://x.com/voicehq/status/1702041041220534764
Buterin said Ethereum hopes to create an independent tech stack that can compete with Google and Twitter.
https://blockworks.co/news/vitalik-buterin-future-built-ethereum