The company and its executive have not been charged with wrongdoing. Bloomberg reported on May 5 that the U.S. Department of Justice (DOJ) is investigating whether Binance violated Russian sanctions. The DOJ’s national security division will specifically investigate whether Binance or its executives violated sanctions in connection with Russia’s invasion of Ukraine. Various assents of…
Read more
According to RBC, Russian users of Binance are still unable to conduct peer-to-peer transactions in Euros and U.S. dollars. Binance allegedly lifted as far as possible it put on Russian records in 2022, neighborhood news source RBC wrote about April 18. A media correspondent was informed by the technical support team of the cryptocurrency exchange…
Read more
Efficient but costly, Intel ends its Blockscale 1000-series Bitcoin-mining ASICs amid focus on IDM 2.0 strategy. On April 18, Intel said that the first-generation Blockscale 1000-series Bitcoin-mining ASICs would no longer be available, despite the fact that the chips increased revenue and efficiency in 2022, up from 2021. Tom’s Hardware first reported the announcement, which…
Read more
Dfinity Foundation says ICP consumes less energy than Cardano, launches ‘proof of green’ initiative Dfinity noticed a developing worry of “greenwashing” in the blockchain business as most organizations guarantee to be the most feasible. According to the Dfinity Foundation, a single Cardano (ADA) transaction uses 8,598 times more energy than a transaction on the…
Read more
A MetaMask developer claims that a sophisticated hacker used an unidentified method of attack to drain more than 5,000 Ethereum. According to MetaMask developer @tayvano_, an ongoing hack has stolen more than 5,000 Ethereum (ETH) and an unspecified number of tokens and NFTs from multiple chains since the end of last year. “I don’t know…
Read more
The Berkshire Hathaway Chair likened interest in Bitcoin to the lure of easy money gambling. On Bitcoin, Warren Buffett stated that he does not know “how to turn the clock back.” The head of Berkshire Hathaway compared Bitcoin to roulette in an interview with CNBC, describing the leading cryptocurrency as a gambling token with no…
Read more
FTM, SOL, INJ, STX, CFX, and RNDR outperformed Bitcoin’s 6.41 percent rise to $30,000, making it the seventh best performer in the last 24 hours. Several other cryptocurrencies have outperformed Bitcoin in the past 24 hours as it approaches $30,000 in value. RenderToken (RNDR) gains nearly 17%, while Conflux Network and Stacks gain a significant…
Read more
The most recent DeFi exploit targets the multi-chain lending protocol. On the Optimism layer-2 scaling solution, Hundred Finance, a multi-chain lending protocol for decentralized finance (DeFi) based on the veHND model, has experienced a significant security breach. The convention, which incorporates with Chainlink prophets to guarantee market wellbeing and soundness, declared by means of their…
Read more
Ethereum is down very slightly pending an event that will gradually unlock staked ETH. On April 11, the price of Ethereum (ETH) fell below $1,900, a minor loss in the hours leading up to the anticipated Shanghai upgrade of the blockchain. ETH market value falls below $1,900 In a short time, ETH’s market value dropped…
Read more
Bitcoin shrimps forceful collection is the fourth quickest rate in the market’s set of experiences and their complete possessions is currently past 1.3 million BTC. Bitcoin (BTC) shrimps forcefully gathered the advanced resource over the most recent 30 days, adding 35,000 BTC to their portfolios, as per Glassnode information dissected by CryptoSlate. Shrimps are wallets…
Read more