CryptoExplorer ✪

2022-12-31 13:52:57 The biggest Crypto Hacks of 2022
In 2022, malicious hackers used increasingly advanced tactics to exploit weaknesses in decentralized apps. The total value of assets lost to crypto hacks this year was a record $3 billion, according to security analysts. Here are the largest crypto hacks of 2022 — and went wrong leading up to each attack. Read more Open / Comment

2022-12-30 13:57:02 #bitcoin Open / Comment

2022-12-29 22:36:24 Kevin O’Leary’s Twitter gets hacked, starts promoting crypto scams
It seems that the Twitter account of Kevin O’Leary, the star of the television program “Shark Tank,” has been hacked by scammers who are pushing a giveaway of both Bitcoin (BTC) and Ethereum (ETH). Indeed, on December 29, the account pinned a tweet about a supposed giveaway and instructed followers to “click on the picture to join the event.” In a succession of tweets, the TV personality’s followers started to get suspicious due to the volume of tweets and the syntax used. Read more Open / Comment

2022-12-28 14:45:10 Russia's largest bank issued gold-backed digital financial assets
Russia’s largest bank Sber — formerly known as Sberbank — reported the first issue of gold-backed digital financial assets (DFAs). The bank considers DFAs to be a “great alternative” to investments amid dedollarization. On Dec. 26, Sber published the news about its first issue of gold-backed DFAs. A diversified metals seller and manufacturer, Solfer, became the first investor to obtain the issued assets. Gold-backed DFAs represent certifying monetary rights, whose price and volume depend on gold prices. Read more Open / Comment

2022-12-27 14:44:15 ICYMI: Bitcoin Hashrate Dropped 35%
Bitcoin hashrate fell by 35% in 24 hours as several miners in the US powered off their machines due to the harsh winter storms in the country. According to BTC.com, the hashrate fell to 156 EH/s on December 24. In the 14 days before that, the average hashrate was 237 EH/s. But in the last 48 hours, the hashrate already increased back to 230 EH/s. Read more Open / Comment

2022-12-26 14:16:18 And Merry Christmas to all!
Thank you for your support over the past years Open / Comment

2022-12-26 14:14:45 This Week In Crypto (51)
1. SBF sent home
2. FTX heads plead guilty
3. Binance gets Voyager assets
4. Manchester United Launches NFT
5. OneCoin Co-Founder pleads guilty
CW50 (last week) Open / Comment

2022-12-23 04:21:38 SBF Released on $250M Bond
A federal judge agreed to release former FTX CEO Sam Bankman-Fried after he appeared in U.S. federal court in New York on Thursday on charges that he was the mastermind behind the fraud and illicit movement of customer funds inside his former crypto empire. The judge set bail at $250 million. Read more Open / Comment

2022-12-22 20:41:48 Brazilian President Signs Bill Regulating Use Of Bitcoin As Payment
Brazilian President Jair Bolsonaro signed a bill into law that establishes a complete regulatory framework for the trading and use of bitcoin in the country, according to the federal government’s official journal (DOU). President Bolsonaro enacted the bill approved by Congress without any modifications. As previously reported, the new rules recognize bitcoin as a digital representation of value that can be used as a means of payment and as an investment asset in the South American nation. A virtual asset is "a digital representation of value that can be negotiated or transferred electronically and used for payments or as an investment," per the bill’s text. Read more Open / Comment

2022-12-21 15:49:09 Visa Proposes Automatic Payments System for Ethereum
Visa has announced a proposal to enable Ethereum holders to set up programmable payments from their own self-custodial wallets. Furthermore, the concept would eliminate banks and centralized third parties from the transactions. Automatic payments have been easy to set up on regular bank accounts. However, the bank ultimately controls the system and the funds being transferred. Visa is venturing into the realms of self-custodied crypto, and it is starting with the industry standard—Ethereum. Read more Open / Comment