⛓Blockchain || Crypto Leaks

2022-08-14 10:32:58 Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App
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Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet.

The Union Bank of the Philippines (Unionbank) is working to become the first universal bank in the country to facilitate cryptocurrency exchange within its mobile application. Users will be able to buy and sell cryptocurrencies such as bitcoin directly from the banking app, the lender said, doing away with the need to have a third-party wallet. In a statement quoted by the ABS-CBN broadcasting network, Unionbank shared its view that blockchain is a technology that will power the future of banking.

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2022-08-13 12:22:44 Ethereum Classic Hits 4-Month High as Merge Approaches

Ethereum Classic is a hard fork of the Ethereum blockchain co-founded by Vitalik Buterin and Gavin Wood. While both Ethereum forks point to 2015 as their launch, the Ethereum blockchain was rolled back and relaunched in 2016 after the hack of The DAO project, causing a split within the Ethereum community. Those who did not support the relaunch maintained the original Ethereum blockchain, renamed to Ethereum Classic.

While no longer a part of the broader Ethereum network, ETC is seeing a spike in activity thanks to the increased interest in the move from proof of work to proof of stake that Ethereum will soon undertake. As the merge draws near, some members of the Ethereum community are again debating whether to execute another hard fork of the Ethereum blockchain to preserve the proof-of-work approach. Leading Chinese cryptocurrency figure Chandler Guo recently suggested the creation of ETHPOW.

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2022-08-12 11:16:38 Ethereum records a double-digit gain in 24 hours adding $25 billion to its market cap
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Ethereum (ETH) is recording increased buying pressure as the blockchain makes progress towards the historic Merge upgrade that will usher in the staking mechanism. Besides the network development activity, the second-ranked cryptocurrency is also benefiting from the market’s positive reaction to the CPI data.

Indeed, by press time, Ethereum was trading at $1,875 to record gains of almost 12% in the last 24 hours. During the early trading hours of August 11, Ethereum also peaked at $1,907, according to CoinMarketCap data. Additionally, Ethereum is also registering an inflow of capital, with market capitalisation standing at $230.45 billion, adding $24.06 billion from $206.39 billion in the last 24 hours. Notably, in the previous weeks, Ethereum has mainly embarked on bullish momentum with the Merge upgrade.

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2022-08-11 10:04:31 Bitcoin without internet: SMS service allows sending BTC with a text
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An innovation using the cellular network (GSM) could onboard millions of Bitcoin (BTC) users previously unreachable by the internet-dependent Bitcoin protocol. Built by South African developer Kgothatso Ngako, the new SMS-based service is named Machankura, a slang South African word for money.

KG, as he’s known to his friends, spoke to Cointelegraph from Pretoria, South Africa, about his fascination with Bitcoin and the hope that Bitcoin via text will bring BTC to millions of Africans. An English speaker, when KG first learned about Bitcoin, he streamed audiobooks and podcasts religiously on the way to work. As he fell down the Bitcoin rabbit hole, his 20-minute commute became a two-hour wander to the Council for Scientific and Industrial Research (CSIR) in South Africa, where he worked as a software developer.

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2022-08-10 08:46:01 Cryptocurrency lender Hodlnaut blocked disbursements and token exchanges
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Echoes of cryptozyma continue to walk the digital asset market. This time, solvency problems were reported by the Hodlnaut platform. The company has indefinitely blocked the disbursement of funds and exchange of tokens.

According to representatives of the cryptocurrency lender, the decision is due to difficult market conditions.

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2022-08-09 10:22:29 Meta expands its pilot to 100 more countries
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A pilot to integrate NFTs into non-Meta. The project was launched in May 2022, with users able to put their NFTs on a profile photo.

Any asset on the Flow, Ethereum and Polygon blockchain is included in the social network.

There is no point in laying out the full list of countries, let's run through the top: the Middle East, the Americas, Africa, and the Asia-Pacific region.

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2022-08-07 20:42:05 Fraudsters gained access to assets of Solana users
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Over 8,000 cryptocurrencies (Phantom, Trust Wallet and Slope) have been affected so far, with about $10 million worth of SOL, USDC and SPL withdrawn.

How exactly the fraudsters gained access to the assets is still unknown - there is speculation that the attack could be linked to the NFT-marketplace Magic Eden, which operates on the Solana blockchain.

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2022-08-07 11:02:42 ​Over 2,000 .ton domain names have found new owners.
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We want to share with you today some results from the first week of the TON DNS auction.

After one week, there are 7,957 open auctions for domain names, 2,184 of which have been bought for a total of 2,392,002 Toncoin.

The domain name wallet.ton is the most expensive yet, fetching a cool 215,250 Toncoin. Right behind it are casino.ton and bank.ton, which sold for 200,000 and 157,500 Toncoin, respectively.

The general TON DNS auction will always be open, and you can place bids on a domain name anytime. However, the majority of high-demand domain names will be bought shortly.

The auction is being held here:
https://dns.ton.org/

If you’ve won an auction, please read this guide to learn how to claim your domain from the auction and how to assign it to your TON wallet.

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2022-08-07 09:47:16 #Bitcoin is still a tiny fraction of world assets:

BTC
▓ $0.4T

Gold
▓▓▓▓ $11T

S&P 500
▓▓▓▓▓▓▓▓ $36T

Global Equities
▓▓▓▓▓▓▓▓▓▓▓▓▓ $110T

Global Debt
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ $300T

Global Real Estate
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ $325T

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2022-08-05 12:04:30 Stablecoin Sharks Hold On To Their Position, As The Supply Increase
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While the concerns regarding a centralized financial market are raised, the chances of decentralized finance taking over are growing too. Along with Cryptocurrencies and Central Bank Digital Currencies (CBDCs), Stablecoins too take a chance to meet the market’s demand. These stablecoin sharks are wallets that hold between $10,000 and $100,000 USDC or USDT.

As per Santiment reports, these investors are the ones who act as a correspondent toward the middle class of the crypto market. This is because on one side these are observed as rich veterans and at the same time also seen as not too rich with huge funds. Their latest aggressive purchase of stablecoins is a sign of their quest to find consistency in a somewhat devalued cryptocurrency market. This also represents their generally gloomy view. Regarding stablecoin liquidity in the cryptocurrency market.

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