FTX hacker’s wallet stirs as Ethereum ETFs prepare for US debut

Almost a year after the FTX hack of $600 million in tokens, on-chain data revealed recent activity in the perpetrators wallet, identified as 0x3e957, on Saturday, Sept. 30, 2023. This is occurring closely to the launch of Ethereum-based ETF in the United States.  Based on on-chain data from Spot On Chain, the exploiter recently activated their address after a prolonged period. Presently, the wallet contains a substantial sum of $16.75 million of Ether (ETH).  FTX Exploiter 0x3e957 just moved 2500 $ ETH ($4.2M) sa mga bagong address  Ito ang unang pagkakataon na naging aktibo ang address mula noong hack 10 buwan na ang nakakaraan. Nasa 12.5K pa rin ang address $ ETH  Sundin ang mga susunod na aksyon sa pamamagitan ng aming platform sa  — Spot On Chain (@spotonchain) Septiyembre 30, 2023  The data reveals two transactions where the exploiter moved 2,500 ETH, each valued at $4 million. Transfers like this are often linked to selling activity, potentially impacting the price of ETH and affecting smaller investors. Additionally, the price of ETH could enter a bullish trend soon with the launch of the various Ethereum exchange-traded funds (ETFs) in the United States.  Several companies await approval from the U.S. Securities and Exchange Commission (SEC), which may grant

2023-10-01Ethereum

Ang Popularidad ng Bing Chat ay May Mga Panganib sa Malware – Cryptopolitan

In recent times, Microsofts Bing Chat, powered by GPT-4, has gained substantial popularity among users seeking AI-driven chatbot interactions. However, a concerning report has emerged, revealing potential malware threats lurking within its responses.  Microsofts Bing Chat has rapidly become a go-to platform for users looking for free, internet-connected, and sophisticated AI-driven conversations. With the impressive GPT-4 technology underpinning it, Bing Chat offers a multimodal experience, setting it apart from its competitors.  In March, Microsoft initiated a new experiment within Bing Chat – incorporating advertisements into its responses. These ads were strategically placed, appearing both in footnotes and upon hovering over responses. However, what began as an attempt to monetize the platform has taken a dark turn.  A recent report by cybersecurity experts at Malwarebytes raises an alarming red flag. It suggests that the ads introduced into Bing Chat are now being exploited for malvertising purposes. Malvertising, a nefarious practice, involves using seemingly legitimate online advertisements to spread malware and compromise unsuspecting users devices.  According to the report, scammers have ingeniously inserted malicious ads to ensure they take precedence over organic result ads during the hover ad experience in Bing Chat. This deceptive maneuver catches users off guard. For instance, a search for “Advanced IP

2023-10-01Industriya

Cryptocurrency Prices Surged, with Bitcoin, Ethereum, and Solana all rising by over 2%

Crypto Price Today: Crypto Market Surges; Bitcoin, Ethereum, Solana Up 2%+  Bulls dominated the digital asset market on Friday (September 29) as the price of the worlds two largest cryptocurrencies Bitcoin and Ethereum soared over 2% today. On Friday, the global crypto market cap rose 2.08% to US$1.07 Trillion. Analytics Insight has listed the top 10 current cryptocurrency prices as of September 29, 2023.  Bitcoin- US$26,972.25 (Tumaas ng 1.94%)  Ethereum- US$1,654.97 (Tumaas ng 2.66%)  Tether- US$0.9999 (Taas ng 0.07%)  BNB- US$215.00 (Tumaas ng 1.44%)  XRP- US$0.5088 (Tumaas ng 2.30%)  USD Coin- US$1.00 (Tumaas ng 0.02%)  Cardano- US$0.2503 (Tumaas ng 2.45%)  Dogecoin- US$0.06161 (Up by 1.67%)  Solana- US$20.11 (Tumaas ng 4.55%)  TRON – US$0.08769 (Up by 3.55%)  Ayon sa CoinMarketCap, ang kabuuang dami ng crypto market sa nakalipas na 24 na oras ay US$30.31B na nakakaranas ng Surge na 1.92%.

2023-10-01Ethereum

Ang Real-World Passion ay Makakasama sa Susunod na Alon ng mga Crypto Adopter

Sam Simmons is co-founder and CEO at MintPass, a travel inspiration app powered by digital souvenir collecting. He invests in Web3 as a partner at Dream Ventures, and is an active Cryptopunks and Bored Ape Yacht Club community member. The views expressed here are his own and do not necessarily represent those of .  Real life experiences say as much about who we are as what we‘ve done or accomplished. It’s the workouts you‘ve completed at CrossFit as a fitness enthusiast. It’s the Comic-Cons you‘ve attended as a Marvel fan. It’s the raids you‘ve completed in World of Warcraft as a dedicated gamer. As a descriptive, the passion itself is inherently limited in nature; it’s the experiences that truly drive identity.  But in the Web3 space, which flaunts digital identity as a buzz phrase, weve failed to effectively connect our real-world activities to online presence through on-chain mechanisms—truly capturing our holistic selves across virtual mediums.  In the Web3 realm, digital identity must become more than just changing your social media avatar to a new JPEG you bought to drum up engagement on the X app. Time and again we see one-dimensional attempts at bringing passion audiences on-chain through identity mechanisms, and these attempts

2023-10-01Industriya

FTXs Creditor Payment Ratio Skyrockets to 40% — What You Need to Know

FTX, the cryptocurrency exchange that filed for bankruptcy at the end of 2022, is showing signs of financial recovery that could be a game-changer for its creditors. According to Claims Market, the current expected payment ratio for creditors‘ claims against FTX has soared to an astonishing 35%-40%. This is a significant leap from the meager 12% that was projected at the beginning of the year. What does this mean for the average investor and the cryptocurrency community at large? Let’s dive in.  The total amount of claims against FTX currently stands at a staggering $16 billion. On the flip side, the companys consolidated assets are valued at around $7 billion. While these numbers may seem daunting, the recent spike in the expected payment ratio is a glimmer of hope for creditors.  A payment ratio of 35%-40% means that creditors can now expect to recover a much larger portion of their claims, which is a significant improvement and a sign of potential recovery for FTX.  One of the key drivers behind this positive shift is FTX‘s investment in Anthropic, an AI company that recently completed a massive financing round. The valuation of Anthropic has skyrocketed, indirectly boosting FTX’s asset value and, consequently, the expected

2023-10-01Industriya

Pumasok ang IOTA sa Bagong Yugto habang Inilunsad ng Shimmer ang Ethereum-compatible Chain

The IOTA network has entered a new era with the launch of the Shimmer EVM Public Smart Contract Chain.  IOTA began its journey to support smart contracts several years ago, devising a plan for a permissionless multichain solution anchored to either Shimmer or IOTA.  This solution utilized DAG as the foundational layer for cross-chain communication.  Consolidating its vision, it initiated the IOTA Smart Contracts (ISC) project. After years of building and putting in collective efforts, the first public ISC chain on a network that has an actual token, the Shimmer EVM, was birthed.  Shimmer, a network with token SMR created to advance major innovations in IOTA, took to X to announce the historic milestone. “Fully EVM-Compatible Smart Contracts are now available in the public ShimmerEVM chain. the first step to programmability on Shimmer and IOTA,” it stated in a tweet.  IOTA cofounder Dominik Schiener is excited about the possibilities brought about by this new chain, taking to X to celebrate the milestone of Shimmer becoming an “L1 network with real utility and a thriving ecosystem.”  Schiener spoke more about the new Ethereum-compatible chain, describing it as “fully EVM-compatible to support DeFi, GameFi, and IOTAs push in the market.Now we work together to grow it into one

2023-10-01Ethereum

Top 5 Web 3 Projects Thatll Be Profitable Investments In 2024

Web3 is the inevitable future of the internet. It works on a decentralized framework and makes the web a safer place. And if one‘s wondering, Web 3.0 has its predecessors- Web 1.0 and Web 2.0. They both mark the early evolution of technology. Today, Web 3.0 is finally ready to take the stage. It has become feasible for usage and it’s giving some potential benefits.  As a result, Web 3.0 projects have also emerged as great investment opportunities. Investors across the globe are keen to put their money into these projects. Therefore, trade experts have come up with some notable Web 3.0 projects to help investors. With them, the chances of making profits will be better.  Web 3 Projects To Look Out For In 2024  These projects have impressed analysts with their potential. They are focused on innovation and expected to bring great changes too.  The Graph Token (GRT) focuses on indexing and querying the data of blockchains. Moreover, it functions as a global data layer while strengthening storage networks. By streamlining the indexed data, it makes the querying and retrieval of information very easy. It operates on the ERC-20 network and plays a pivotal role in the graph ecosystem.  Render Token (RNDR) is an

2023-10-01Industriya

Unusual Activity Spike in Trading Volumes of 5 Altcoins on South Korean Exchanges

Upbit, South Koreas largest cryptocurrency exchange, has recently experienced unusual increases in trading volumes for several altcoins.  Cosmos (ATOM) saw a significant increase in trading volume on the 1-hour chart. While the average last 50 1-hour volume on Upbit was $7,000, the last recorded volume increased by 702.34% to $53,000. In Binance, while the 1-hour average 50 volume was 38 thousand, the last recorded volume of 46 thousand indicated an increase of 22.84%.  MultiversX (EGLD) also experienced an unusual increase in volume on its 1-hour chart. While the 1-hour average volume of 50 on Upbit was 732 dollars, it increased by 284.84% to 3 thousand in the last hour. On Binance, the average and last recorded volumes were both around $4k.  On its 4-hour chart, Zilliqa (ZIL) increased its average trading volume from $32 million on Upbit to an impressive 92 million, an increase of approximately 187.74%. On Binance, the average volume was around 29 million dollars, while the last transaction volume was recorded as 34 million, a slight increase of approximately 14.26%.  Tezos (XTZ) recorded an increase of approximately 411.52%, with the average trading volume on Upbit rising from $26,000 to 135,000 in the last hour. On Binance, the average and last recorded

2023-10-01Industriya

Ang mga panuntunan ng Chainlink multisig ay nahaharap sa espekulasyon, nag-aalok ang Mixin ng $20M na pabuya: Pinansyal na Muling Tinukoy

Maligayang pagdating sa Finance Redefined, ang iyong lingguhang dosis ng mahahalagang decentralized finance (DeFi) na mga insight — isang newsletter na ginawa upang ihatid sa iyo ang pinakamahalagang pag-unlad mula sa nakaraang linggo.  The past week in DeFi was dominated by developments in some of the OG DeFi protocols, with Uniswap Foundation announcing plans to raise $62 million in new funding and decentralized oracle service provider Chainlink brushing aside concerns about changes it made to multisignature wallets.  Mixin Network, which was hacked for nearly $200 million in crypto assets on Sept. 23, has now offered a $20 million bug bounty to exploiters for the return of the remaining funds, claiming a majority chunk of the stolen funds are user assets.  Curve Finance founder Michael Egorov cut back his debts to $42 million and settled his entire Aave loan on Sept. 28. And crypto exchange Upbit managed to stem a flood of fake Aptos tokens from the platform and resumed deposits and withdrawals for the token.  Binabawasan ng Chainlink ang mga alalahanin pagkatapos mapansin ng mga user ang tahimik na pagbabago sa multisig  Minaliit ng desentralisadong oracle network na Chainlink ang kamakailang pagbabago sa bilang ng mga pumirma na kinakailangan sa multisig wallet nito — isang

2023-10-01Industriya

Ang Mapanganib At Kumplikadong Tradeoff Sa Protocol

Vitalik Ethereum Enshrinement: Explore Ethereums challenge of enshrining protocol features while maintaining simplicity and trust.  In a recent article, Vitalik Buterin raises essential questions about Ethereums approach to enshrining features within the protocol. While advocating for minimalism inspired by the Unix philosophy, Vitalik acknowledges the unique nature of blockchains as social systems.  Vitalik Ethereum Enshrinement  One argument in favor of enshrinement is the avoidance of centralization risks, which can occur when complexity is pushed to external layers. However, excessive enshrinement can overload the protocols trust and governance, compromising its neutrality. Protocol complexity also poses systemic risks, exemplified by the complexity added by precompiles.  Vitalik proposes a middle road: minimal viable enshrinement. Instead of enshrining entire functionalities, the protocol could enshrine specific pieces to simplify implementation without imposing strict constraints. For example, adjusting staking penalty rules for trustless liquid staking or enshrining EVM-MAX and SIMD for efficient operations.  Additionally, Vitalik suggests that de-enshrinement may be necessary for features that are rarely used, ensuring backward compatibility and a lighter protocol.  Enshrining ZK-EVMs in Ethereum  Shifting the focus to ZK-EVMs, Vitalik highlights the challenges in verifying Ethereum-like blocks within ZK-SNARKs. The current practice involves a “security council” mechanism to override proving systems in case of bugs. However, this complexity may

2023-10-01Industriya
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