Eisenberg seeks to have Mango Markets fraud convictions thrown out
Eisenberg has insisted all along that his actions on Mango Markets were legal trading and not fraud or market manipulation.
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Blockchain and NFTs are changing the publishing industry
Web3 has become the most sought-after investment sector of 2022, as use cases for nonfungible tokens (NFTs), the Metaverse and other blockchain applications come to fruition. Therefore, it shouldn’t come as a surprise that different segments of the publishing industry have begun to use Web3 technologies to transform traditional models. For example, the textbook publishing giant…

ZKsync recovers $5M of stolen tokens after hacker accepts bounty offer
ZKsync has recovered $5.7 million worth of stolen ZK and ETH tokens after the hacker agreed to return 90% of the funds. 271 Total views 2 Total shares The ZKsync Association has confirmed the recovery of $5 million worth of stolen tokens from an April 15 ZKsync security incident involving its airdrop distribution contract. The

Binance US taps “most feared man on Wall Street” for new investigations unit
Former FBI special agent BJ Kang has been onboarded with Binance US to steer a new investigative unit aimed at finding and stopping illegal activity. 358 Total views 5 Total shares United States crypto exchange Binance US has created a new “investigations unit” and tapped a former FBI special agent as its new head, with…

HackerOne User Reveals Critical Bug Through MakerDAO Bounty Program
MakerDAO, the decentralized organization that runs on Ethereum, has fixed a critical bug that could have resulted in a complete loss of funds for all Dai users.$50,000 bountyOn Oct. 1 HackerOne user lucash-dev disclosed a report that revealed a critical bug in MakerDAO’s planned Multi-Collateral Dai (MCD) upgrade. The bug could have allowed an attacker…

1inch Network adds a P2P feature to facilitate secure crypto swaps
Users can now make a swap of any token on 1inch supported chains without intermediaries. 351 Total views 39 Total shares The decentralized exchange aggregator 1inch Network introduced peer-to-peer, or P2P, order functionality within the 1inch decentralized application, or DApp. This feature allows users to specify the person or wallet that will fill the other side of…

Survey finds lower paid workers are quitting jobs thanks to crypto profits
Data suggests that some low-paid members of the workforce are quitting their jobs after making life-changing crypto gains. Analytics firm Civic Science posted survey results (weighted according to U.S. census data) on Nov. 1, which shows that 4% of 6741 respondents aged 18 and over had quit their jobs in the past year due to…

Bitmain Recovers, Claims Profits Despite Pandemic and Power Struggle
Chinese cryptocurrency hardware manufacturer Bitmain seems to be bouncing back after a streak of dismal reports. Earlier this week, a local industry blog revealed that the mining giant has accumulated over $300 million in revenue so far this year and is rewarding employees with massive bonuses on Labor Day.Bitmain has since confirmed that information to…

ETH Dev Suggests Moving to ‘ASIC-Friendly Algorithm’ After ProgPoW Decision
An Ethereum (ETH) code contributor has suggested that Ethereum developers ‘embrace’ specialized mining hardware (ASICs) in a reply on Ethereum developer forum Ethereum Magicians, Jan. 7.As Cointelegraph reported last week, Ethereum core developers have tentatively decided to implement a new proof-of-work (PoW) algorithm, dubbed ProgPoW, which would decrease the efficiency divide between ASICs and GPUs,…