Month: January 2023

Solana Foundation warns about security incident with Mailchimp

Solana Foundation, the non-profit organization of the Solana Network, disclosed on Jan. 14 a security incident involving its email service provider Mailchimp.  According to an email sent to users and seen by Cryptox, the Foundation was informed by Mailchimp on Jan. 12 that “an unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance.” Among the information accessed and exported in the incident were user’s names and Telegram usernames. The Solana Foundation stated: “Based on the information we have received from Mailchimp, the affected information may…

Interest-Bearing Bonds-Backed Tokens: Generate Yield Using Tokens Backed by Sovereign Bonds

Place/Date: Vaduz, Liechtenstein – January 14th, 2023 at 9:53 pm UTC · 3 min read Contact: Yacine Farouk, CMO, Source: Mimo Capital Decentralized Finance Innovator Mimo is launching “KUMA Protocol”: the first DeFi protocol issuing tokens backed by regulated NFTs, themselves backed by sovereign bonds. This launch comes as the FMA (Financial Market Authority Liechtenstein) has approved Mimo for providing blockchain-related services since January 2022. KUMA tokens, built as a smart contract compatible with most blockchains, are designed to provide holders with a reliable source of passive income through the…

Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps – Defi Bitcoin News

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According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours at $1.9 billion and the second-highest total value locked (TVL) at $3.57 billion. Metrics show that Curve holds the second-largest trade volume on Saturday with $399 million in 24 hours and the highest TVL in terms…

SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14

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Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of improper use of customer funds stored with the crypto exchange, attributing responsibility for the company’s dramatic fall to the market crash of 2022 and Binance CEO Changpeng Zhao’s PR campaign against FTX. In Bankman-Fried’s view, a run on the bank turned illiquidity issues into insolvency. Among the latest developments in the bankruptcy proceedings, a bipartisan group of United States senators criticized…

Types of Blockchain : Public, Private, Hybrid and Consortium Explained in Hindi

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Myself Shridhar Mankar a Engineer l YouTuber l Educational Blogger l Educator l Podcaster. My Aim- To Make Engineering Students Life EASY. Website   – 5 Minutes Engineering English YouTube Channel –  Instagram –  A small donation would mean the world to me and will help me to make AWESOME videos for you. • UPI ID : 5minutesengineering@apl Playlists : • 5 Minutes Engineering Podcast :   • Aptitude :   • Machine Learning :   • Computer Graphics :   • C…

Alameda Research had a $65B secret line of credit with FTX: Report

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Former FTX CEO Sam Bankman-Fried (SBF) reportedly ordered Gary Wang, co-founder of the crypto exchange, to open a $65 billion “secret backdoor line of credit” for Alameda Research, according to FTX attorney Andrew Dietderich.  The attorney disclosed the information during a Delaware bankruptcy court hearing on Jan. 11, the New York Post reported. The alleged line of credit was financed with FTX customers’ funds. As per Dietderich testimony, the “backdoor was a secret way for Alameda to borrow from customers on the exchange without permission.” “Mr. Wang created this backdoor…

How to connect the Avalanche network to MetaMask?

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One of the main properties advanced in blockchain technology is interoperability, the art of different blockchains communicating with one another. Interoperability is crucial when it comes to exchanging data and assets such as nonfungible tokens (NFTs) or cryptocurrencies while enjoying the best of two or more platforms to save on fees, for example, or transact faster. The Avalanche blockchain is an interoperable, versatile platform and cryptocurrency network that addresses scalability, security and decentralization issues with a unique proof-of-stake (PoS) governance type. It was developed by Ava Labs, a New York-based…

Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations – Economics Bitcoin News

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Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the livelihoods of all Americans, and global financial stability.” Yellen Warns of Approaching Debt Limit, Urges Congress to Act Swiftly On Friday, Jan. 13, 2023, the United States Treasury published a press release featuring a letter…