Month: June 2022

Aurora pays $6M bug bounty to ethical security hacker through Immunefi

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On Tuesday, Ethereum (ETH) bridging and scaling solution Aurora announced it had paid out a $6 million bounty to ethical security hacker pwning.eth, who discovered a critical vulnerability in the Aurora Engine. The exploit allegedly placed over $200 million worth of capital at risk. The sum was paid in collaboration with Immunefi, a leading platform for Web 3.0 bug bounties, with more than $145 million bounties available and over $45 million bounties paid out. On April 26, Immunefi received a report from pwning.eth about a critical flaw in the Aurora…

Por qué las tasas de rendimientos de exchanges latinoamericanos duplican a las de otras regiones

Belo, un exchange argentino con más de 170.000 usuarios, ofrece rendimientos de 8,5% anual con DAI y USDC, 5,25% con BTC y 4% con ETH. Los usuarios pueden acceder a esas tasas no solo desde Argentina sino desde 176 países en los que la compañía está disponible. “Nuestros usuarios se diversifican, sobre todo en los bull markets. No solo se suman personas del mundo cripto, sino de todos los ámbitos”, comentó Manuel Beaudroit, CEO de Belo, a CoinDesk. Source

Ledgible Closes $20M Series A Round With Key Institutional and Strategic Investors – Press release Bitcoin News

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press release PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced $20 million in funding for its Series A Round led by EJF Capital LLC (“EJF”) through its affiliate, the EJF Silvergate Ventures Fund. Joining the round are JAM FINTOP, Thomson Reuters Ventures, TTV Capital, Fenbushi US, Commerce VC, Nathan McCauley, and Perkins Coie. Ledgible now stands at the forefront of the professional-focused crypto tax & accounting industry. This investment will be used to expand Ledgible’s product offerings as well as…

Institutional Investors Refocus On Bitcoin As Market Losses Intensifies

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The recent market losses have seen institutional investors shift their focus once more to bitcoin. Inflow and outflow trends paint a very vivid picture of going back towards bitcoin to minimize the losses being realized from altcoins. This has seen most of last week’s inflows going into the pioneer cryptocurrency, as altcoins mark another week of little to no inflow. $126 Million To Bitcoin The last week has seen renewed faith in the performance of bitcoin. This is evidenced by the fact that institutional inflows into the digital asset had…

CoinDesk Confidential: Meltem Demirors

Meltem Demirors – renegade crypto advocate and chief strategy officer at the $4 billion digital asset investment firm CoinShares – just wants to have fun. No clearer example: She ditched the oil industry to work full time on bitcoin. Today, she answers CoinDesk Confidential, a revamped version of the Proust Question for the crypto age. The survey is designed to show a side of a person rarely seen, by asking for what spills out when presented with a question like “what is society’s greatest hope?” Let’s hope Demirors, a Consensus…

Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams – Bitcoin News

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On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik, the BAYC Discord server attacker may have been involved in previous phishing attacks. Blockchain Security Firm Certik Analyzes the BAYC Discord Phishing Attack While many NFTs are very expensive, it makes them all the more worthwhile for malicious attackers to steal them. This…

Binance fires back at Reuters’ money laundering allegations

Crypto exchange Binance published a lengthy response to an article published by Reuters that claims that the exchange has been a “hub for hackers, fraudsters and drug traffickers,” saying that there’s at least “$2.35 billion in illicit funds” laundered within the exchange.  In a blog post, Binance addressed the issue and noted that the article’s allegations are not only untrue but are also attempts by certain interested parties to “mislead the general public” by spreading disinformation. Binance wrote: “We highly suggest you ignore those authors and pundits who cherry-pick data,…