Crypto Calendar News

2023-08-07 14:02:02 OPNX bids for beleaguered lender Hodlnaut: Bloomberg

OPNX has reportedly made a bid to takeover beleaguered lending firm Hodlnaut, according to a report by Bloomberg News. OPNX, which is backed by Three Arrows Capital co-founders Su Zhu and Kyle Davies, has offered to inject $30 million worth of FLEX tokens into the firm to finance a partial payout to creditors, according to the report. Citing a term sheet, Bloomberg reported that the deal would result in OPNX owning 75% of Hodlnaut.

Based in Singapore, Hodlnaut was among the several victims of crypto's 2022 credit crisis which resulted in the bankruptcy of a wide-range of lenders including BlockFi, Voyager Digital, and Three Arrows Capital. As for Hodlnaut, the firm halted withdrawals in August 2022 after it lost about $190 million in the aftermath of the crash of Terra Luna. The firm was placed under creditor protection by Singapore's High Court at the end of August 2022. Three Arrows sought protection from creditors in July 2022 under Chapter 15 bankruptcy protection. The petition was filed in the U.S. Southern District of New York. Meanwhile, Three Arrows' liquidators are seeking more than $1 billion from Zhu and Davies.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar Open / Comment

2023-08-06 12:13:45 Looter Behind $61M Curve Hack Starts Returning Assets, Raising Hope for Recovery

The exploiter responsible for draining $61 million assets held on decentralized exchange Curve Finance has returned some of the stolen crypto after engaging in talks with one of the victims on Friday, blockchain data shows. In a message linked to an Ethereum blockchain transaction, the looter asked Alchemix, one of the victims of the heist, to confirm the protocol's address where he could return the assets. Soon after, he transferred almost $10 million of ether (ETH) .

The transactions spur hope that most of the stolen assets will be recovered to victims in one of the most dramatic crypto exploit this year. Curve, Metronome and Alchemix lost $61.7 million of crypto assets over the weekend when an unknown hacker exploited a coding bug to loot multiple trading pools. On Thursday, the affected protocols offered a 10% bounty for returning the assets by Aug. 6, CoinDesk reported. The Curve exploit roiled the decentralized-finance sector as anxious investors yanked out assets as a precaution. CRV token's price fell as much as 31% to 50 cents in the aftermath. To avoid the near-catastrophe, Egorov sold roughly $42 million of his CRV stash including to crypto entrepreneur Justin Sun, founder of the Tron blockchain, in over-the-counter deals to pay off loans.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar Open / Comment

2023-04-29 06:07:02 Polygon zkEVM Mainnet Beta: +300% Growth And 7X Cheaper Gas

Polygon zkEVM Mainnet Beta experienced tremendous growth in April, with +300% growth in total users, contracts, and TVL. Average daily gas is 7X cheaper compared to Ethereum Mainnet. Polygon zkEVM Mainnet Beta has been experiencing tremendous growth in April. According to Polygon Labs, total users, contracts deployed, and total value locked (TVL) have all experienced +300% growth. Compared to Ethereum Mainnet, the average daily gas is 7X cheaper on Polygon zkEVM Mainnet Beta.

The number of unique active wallet addresses on Polygon zkEVM Mainnet Beta has almost tripled, with nearly 50k users as of April 24. Transactions continue to grow at a similar pace, with the total number of transactions increasing by +300% since the start of the month. The number of successful transactions is 168k as of April 24, generating 95.25 ETH (approximately $177K) in fees. While TVL is a popular metric, Polygon Labs notes that it isn’t complete as it is commonly measured in USD, and so it reflects movement in the price of ETH as much as it reflects the day-to-day growth (or shrinkage) of a protocol.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar Open / Comment

2023-04-28 07:15:04 Binance US Launches New Domain For Customers On Polygon

Binance US, the US arm of the world’s largest cryptocurrency exchange, has partnered with domain registrar Web3 Unstoppable Domains to launch its branded domain on Polygon. Accordingly, the .BinanceUS domain name will be made available exclusively through the exchange’s app in the coming weeks and is currently priced at $10. Unstoppable will also support two-digit domains for the first time, such as 14.BinanceUS or 23.BinanceUS.

With the .BinanceUS domain, customers can buy, sell and send cryptocurrencies quickly within the exchange’s app. Conversely, Unstoppable Domains customers can also use Binance US to withdraw funds to any Unstoppable domain, including .crypto and .nft. Over 3.4 million Web3 domains are minted on Unstoppable, and any of them are available on Binance US. Unlike traditional domain name registrars that require owners to pay a fee to renew their domains, blockchain domains like Unstoppable do not require users to pay renewal fees or gas fees, other than being outside the scope and control of ICANN. Increasing accessibility to Web3 while maintaining a safe and secure customer ecosystem is at the core of Binance.US’s mission.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar Open / Comment

2023-04-27 06:46:02 Apple Removes Bitcoin Whitepaper From macOS Ventura 13.4 Beta 3

Apple removes Bitcoin whitepaper from macOS Ventura 13.4 beta 3. The file had been hidden in macOS since 2017. Removal does not affect Bitcoin’s use or availability. Apple recently removed the Bitcoin whitepaper from the system files of macOS Ventura 13.4 beta 3. The file had been hidden in every copy of macOS since 2017, and its existence was thought to be a joke among Apple engineers. The Bitcoin whitepaper was initially added to the system with macOS Mojave in 2018.

Although the original reason for adding the file is still unknown, it did not contain any sensitive information, which is why Apple’s engineers did not bother to remove it from the public release of macOS. This recent development comes after the community discovered the file and its contents, which resulted in repercussions. Unsurprisingly, Apple has decided to remove the file from the system to avoid any further issues, as it was not intended to be part of the public release. It is important to note that removing the Bitcoin whitepaper from the system files of macOS Ventura does not affect the use or availability of Bitcoin itself.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar Open / Comment

2023-04-26 05:30:53 Visa Recruits Employees With Passionate About The Web3 Stack Of Technologies

Visa is looking for a software engineer who will use AI technologies to deal with blockchain smart contracts, according to a company official who tweeted on April 24. The world’s second-largest card payment firm stated in a job posting last week that it was searching for experienced software developers who are “passionate about the Web3 stack of technologies.”. Web3 refers to the next large-scale development of the internet.

Last year, the company also filed fresh trademark applications that hinted at future ambitions for a crypto wallet and a metaverse product. The job listings came in the wake of industry layoffs, including those at MoonPay, Disney, GSR, and Coinbase. Visa looked to reduce its crypto activities following the collapse of the exchange and crypto brand FTX in November. The company had planned to launch crypto debit cards in 40 additional countries as part of a long-term worldwide relationship with FTX, but the project was halted when FTX went bankrupt. Employees can plan to be in the office two to three days per week for the London-based assignments.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar Open / Comment

2023-04-25 06:55:04 Do Kwon Will Appear In Court On May 11 For Fraud Charges

Do Kwon, who is being investigated in several countries for alleged fraud related to the collapse of his crypto project Terraform Labs, will stand trial in Montenegro on May 11 on charges of attempting to travel with a forged passport, according to the court’s website in Podgorica, the country’s capital. Kwon was detained on March 23 at the Podgorica airport, along with Terraform Labs’ chief finance officer, Han Chang-joon. Since then, both have been incarcerated in the nation.

Kwon is sought in the United States and South Korea, where prosecutors accuse him of fraud and other offenses relating to the May 2017 collapse of the Singapore-based $40 billion Terra-Luna stablecoin and cryptocurrency scheme. Do Kwon has disputed all accusations leveled against him. Terraform Laboratories believes that South Korea’s probe into Terra-Luna has become excessively political and that the charges are without merit. Do Kwon got an Interpol red notice for his arrest while attempting to elude the authorities. On April 21, a Montenegro court announced Kwon and Han’s indictment and prolonged their custody due to flight danger.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar Open / Comment

2023-04-24 07:38:02 Venezuelan BTC Miners Forced to Halt Operations Amid Anti-Corruption Investigation

Crypto miners and exchanges in Venezuela will remain shut while the authorities try to cope with the multi-billion corruption case. The authorities of Venezuela have reportedly urged local bitcoin miners to temporarily halt operations while inspecting a major corruption scheme that could have drained up to $20 billion. People who are part of President Maduro’s inner cycle are suspected of orchestrating the crime that involved the national oil and gas company.

According to a Forbes coverage, large-scale BTC miners in Venezuela will have to turn off their machines due to an alleged corruption case that shocked the nation. It is estimated that between $3 billion and $20 billion are missing from Petróleos de Venezuela – a state-owned oil and natural gas company and the world’s fifth-largest exporter of hydrocarbons. Investigators accused some of the leaders of President Maduro’s political movement (known as Chavismo) of having a hand in the scheme. The Superintendencia Nacional de Criptoactivos (SUNACRIP) stands at the center of the process since it played a role in liquidating sales following the US sanctions against the company. It was also among the main institutions concerned with all types of energy usage and bitcoin mining.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar Open / Comment

2023-04-23 07:07:02 Gemini To Launch Derivatives Platform Serving 30 Countries

Gemini, a cryptocurrency exchange, stated earlier today that it intends to build Gemini Foundation, a crypto derivatives platform situated outside the US. Gemini announced its crypto derivatives platform for international consumers. The move follows speculations of Coinbase establishing a similar platform in Bermuda amid a growing regulatory crackdown by US officials. Gemini is following in the footsteps of competitor cryptocurrency exchange.

According to a blog post from the Winklevoss brothers’ crypto exchange, the Gemini Foundation’s first product will be a BTC perpetual contract denominated in the GUSD stablecoin. After that, the crypto derivatives platform will introduce an ETH/GUSD perpetual contract. The derivatives offers are expected to grow in the coming months. Incidentally, this is not the first time a crypto firm domiciled in the United States has made headlines in the derivatives market. The market first became aware of its impending debut last month. Customers from 30 countries will also be able to use the services.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar Open / Comment

2023-04-22 07:32:02 Top Aggregator 1inch Launches On zkSync Era

1inch Network, a DeFi protocol aggregator, has implemented its Aggregation Protocol and Limit Order Protocol on the Ethereum Layer-2 network zkSync Era. By transferring its protocol to zkSync Era, 1inch becomes one of the most well-known cryptocurrency programs to be released on a zkEVM, or zero-knowledge Ethereum Virtual Machine. Uniswap, SushiSwap, Maker, and Curve Finance are all planning to debut on the zkSync Era’s zk-proof roll-up.

From April 20, 1inch users will be able to access services on the new blockchain network. In addition, the launch will make GemSwap, SpaceFi, SyncSwap, and Mute, among other DeFi protocols, accessible through 1inch on the zkSync Era network. ZkSync Era, which began in March 2023, employs zero-knowledge encryption to enable faster and cheaper Ethereum transactions. Era is one of the rapidly developing categories of Ethereum scaling networks known as zkEVMs, which claim to be capable of supporting any Ethereum-based app presently in use. Both ZkSync Era and its major rival, Polygon zkEVM, are still in beta but have just been made available to developers.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar Open / Comment