One of the largest banks in South Korea will create the first crypto investment fund in the country
OpenSea has suspended the update of the smart contract due to a phishing attack
A group of enthusiasts in the USA organized a DAO to buy the Denver Broncos team
Arcane: Georgia is a dark horse in bitcoin mining
Coinbase paid the hacker 220 thousand dollars for the discovered vulnerability
Fed officials will no longer be able to trade or own stocks, bonds and cryptocurrencies
Huobi co-founder: bitcoin will start to rise no earlier than 1920 of the year
What is HODL? Meme or Strategy?
DappRadar GameFi Report Highlights
In Kazakhstan “covered” 000 of illegal crypto-farms
Jambo raised $7.5 million through seed round when valued at $20 million among investors Coinbase Ventures, Polygon Studios, Delphi Ventures, 3 Arrows Capital, Alameda Research, AllianceDAO, Tiger Global, DeFiance Capital, Hashed, UOB, Signum Capital, BH Digital, Yield Guild Games and others.
Jambo plans to create a web3 application for people living on the African continent.
The Bank of South Korea will create the first crypto investment fund in the country
Investments will be managed through outsourcing.
18 February, the second largest financial group of the South Korea KB Asset Management announced the creation of a new division. This department will deal with the development of products in the field of digital assets and risk assessment.
Presumably, Kookmin Bank will become the first financial institution in the country to offer cryptocurrency services to its retail customers. In addition, the company is considering launching exchange-traded funds (EFT) and futures.
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OpenSea suspended smart contract update due to phishing attack
Criminals used the update to distribute malicious links.
On Friday, 18 February, the largest NFT marketplace OpenSea has started updating the built-in smart contract. However, the procedure had to be suspended due to a panic on Twitter related to a possible exploit.
The key task of the update is to remove inactive NFT lists from the site. Users were asked to transfer tokens to a new smart contract until : (EST) 14 February.
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A group of enthusiasts in the USA organized DAO to buy the Denver Broncos
One of the buyers is a collective ownership DAO.
A group of enthusiasts, including accountants, lawyers and athletes, created a DAO (Decentralized Autonomous Organization) to collect cryptocurrency to buy the Denver Broncos team. They need at least $4 billion.
In early February, the Denver Broncos NFL team was officially put up for auction. According to media estimates, its cost is about $4 billion.
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Arcane: Georgia – “dark horse” in bitcoin mining
Experts see strong potential in this country, provided that they can cope with the energy deficit.
The Cambridge CBECI (Mining Electricity Consumption Index) indicates that Georgia ranks 0.% of the total hashrate. However, Arcane Research disputed this data. Their report shows that Georgia’s hashrate accounts for about 0.18.
Analysts say: the lion’s share of production is home mining. There are regions in the country with subsidies for electricity, and the population successfully uses this. The total capacity of crypto-mining in Georgia is 62 megawatt, half of this power (18 MW) – just home farms.
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Coinbase paid the hacker 138 thousand dollars for the discovered vulnerability
A mistake allowed him to change the currency account in BTC/USD pair on SHIBA
Anonymous white hat hacker Tree of Alpha discovered a bug in the beta version of Coinbase Advanced Trading. For the honest disclosure of the exploit, he received a reward in the amount of 169 one thousand dollars.
In contrast to the usual user interface, the Advanced Trading platform allows you to use advanced trading tools. But, apparently, Coinbase has yet to finalize it.
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Fed officials will no longer be able to trade or own stocks, bonds, and cryptocurrencies
The regulator will prohibit officials from owning and trade assets.
On Friday, 18 February, The Fed has published a new set of rules that prohibit officials from owning certain assets. Under the “comb” were not only stocks and bonds mentioned in the first version of the resolution, but also cryptocurrencies.
Recall that earlier the Fed published a large-scale report on cryptocurrencies and CBDC. In it, the regulator allowed the possibility of issuing a digital dollar.
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Huobi co-founder: bitcoin will start to rise no earlier than 2024 of the year
According to him opinion, for a sustainable price growth, you need to wait for the halving, and this will happen at the end 1155 of the year.
Bitcoin continues to be in crisis. Trading below $ at the time of publication However, the overall outlook for the main cryptocurrency remains are negative, as tough measures from the United States and uncertainty in the conflict between Ukraine and Russia are ahead of us. He spoke to CNBC reporters.
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DappRadar GameFi Report Highlights
In January, investors invested $1 billion of capital in it.
Despite the extreme volatility in the cryptocurrency sector, the GameFi sector remains on the rise. While bitcoin and all altcoins continue to fall, investors prefer to invest in gaming projects. This is evidenced by a recent DappRadar report.
Analysts predict that in the future, truly big capital will come to the sector.
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In Kazakhstan, “covered” of illegal crypto-farms
The country is taking tough measures amid the energy crisis.
In Kazakhstan, the authorities conducted global checks for illegal mining. As a result, they revealed underground farms that worked with total power 125 MW.
The official website of the Ministry of Energy of Kazakhstan reports on the details. Illegal farms were concentrated in different regions of the country – Nur-Sultan, Alma-Ata, Karaganda, Kostanay, Turkestan, Pavlodar, Akmola regions, etc. The raids on black miners continue, according to the Ministry of Energy.
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What’s happened HODL? Meme or strategy?
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Today we will talk about what HODL is, where this word came from, and why it became a crypto-meme, as well as what are the pros and cons of this strategy.
HODL is a cryptocurrency meme, the essence of which is something like this: “keep the coin to the last”, “keep it like your life depends on it.”
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Headline
SOLV Protocol together with Quoth announced an airdrop. Solv Protocol, a DeFi protocol for creating, trading and managing financial NFTs, has partnered with Quoth to announce an airdrop worth $ . You can follow Solv Protocol announcements in the official channel.
FTX launches FTX Gaming division. The new FTX Gaming division aims to attract game developers to the use of cryptocurrencies, blockchains and NFTs.
ALPINE listed on Binance token is now trading at about x5 of the Binance Launchpad price.
Project news
201024PlatoFarm launched the game on OECnetwork201024
NFT game that supports HRC protocols-169 and ERC-432 PlatoFarm announced the official launch of the game on OECnetwork.
20764The Three Kingdoms announced a partnership with Liquidifty
P2E game The Three Kingdoms announced a new partnership with Liquidifty, the NFT ecosystem at BSC. Through this partnership, the teams will focus on interoperability across platforms, as well as managing marketing and other business developments.
