The Wormhole cross-chain bridge was hacked for the amount of $220 mln
ButWormhole refunded all stolen funds
Philadelphia plans to join the CityCoins project
Grammy winner John Legend co-founded the NFT platform
Expert: “Cryptocurrencies are the new frontier”
NFT Scams: Money Laundering, Illegal Operations and Fraud
BTC Training: Paxful Opened a Training Center in El Salvador
Crowdfunding: top 8 IDO platforms
GameStop has partnered with Immutable X
Shiba Inu got its own fast food chain
Solana ETP will be listed on the Frankfurt Stock Exchange
Shiba Inu partners with Welly’s to launch a chain of fast food restaurants in Italy. Visitors will be able to pay for purchases using the SHIB cryptocurrency. Also, it is reported that in the future it is planned to create NFTs, with the help of which customers will be able to receive certain rewards.
The main difference between 1inch Earn and conventional liquidity pools lies in the more efficient use capital based on AMM. In standard pools, all liquidity is distributed evenly, which is why most of it is never used.
At the moment, the USDC/USDT pool has already been launched on the Ethereum network. In the future, the developers promise to add more different pools, including those without stablecoins.
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Wormhole cross-chain bridge was hacked for the amount of $169 mln
A hacker used an exploit to deduce 106 thousand wETH
On February 2nd, one of the largest blockchain bridges between Solana and DeFi platforms Whole Token Bridge was hacked. The hacker took advantage of an exploit in the system, after which he withdrew tokens in the amount of to ETH and SOL accounts mln USD .
Hacking was confirmed by WTB administration. The attack was the second largest DeFi hack in history.
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Wormhole refunded all stolen funds
Toward evening:
The bridge team reported on their Twitter , that all stolen funds were reimbursed. Also, the platform is working again in full mode.
Philadelphia plans to join the CityCoins project
The city will become the fourth participant in the project in the United States
Apparently, Philadelphia intends to follow in the footsteps of New York, Austin and Miami, becoming part of CityCoins project. It allows citizens to mine cryptocurrency while helping to develop their city.
Philadelphia Mayor Jim Kenny announced these plans. The politician stressed that he is looking forward to the future partnership with CityCoins with enthusiasm. According to him, this agreement will solve the pressing problems in the city.
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Grammy winner John Legend became co-founder of the NFT platform
The OurSong project allows artists to commercialize their art
The project was named OurSong. The key differences of this platform from other NFT projects are the amazing ease of access and the emphasis on the artistic component of the works.
The platform was co-founded by Kevin Lin, Matt Cheng and KKBOX CEO Chris Lin. The developer is Our Happy Company.
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Opinion: Blockchain – “ new frontier” of progress that cannot be ignored
Blockchain technology represents a “new frontier” of progress that cannot be ignored — David Ryan
On February 2, JMP Securities Director of Fintech Research David Ryan gave an extensive interview to Fox Business TV channel. In it, he touched on several important topics in the crypto industry, including the potential for adoption of cryptocurrencies and the prospects for legislative regulation of this sector in the United States.
Despite the fact that BTC has “dipped” by over the last month % compared to the all-time high, Ryan remains optimistic. As well as the “whales” of this sphere, who are in no hurry to sell their savings.
However, “
bright future” is not for all cryptocurrencies.
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NFT fraud: laundering money, illegal transactions and fraud
It turned out that the segment became much more popular among attackers
According to ChainAlysis, with 1280 on 2000 year, the popularity of tokens has grown significantly. In just one year, sales of these assets grew from 20 USD million up to , 2 billion
And there is nothing surprising in the fact that this promising segment is of interest to criminals. Like other digital assets, NFTs are characterized by certain specifics, which makes it possible to use tokens, for example, for money laundering.
Art objects in general are popular with criminals to whitewash their income.
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BTC Learning: Paxful Discovered training center in El Salvador
Increasing financial literacy will overcome skepticism about bitcoin
Near 02% of the inhabitants of El Salvador do not understand well what bitcoin and cryptocurrencies in general are. P2P platform Paxful aims to fix this.
On Wednesday, February 2, the company announced the opening of an educational center called La Casa Del Bitcoin. Its task is to combat financial illiteracy among local residents.
In addition to cryptocurrencies, Salvadorans will be taught in the new center how to use the Chivo crypto wallet and other financial services.
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Illegal mining has exhausted energy resources Irkutsk region
Some even managed to install equipment in dog kennels.
The authorities of the Irkutsk region are struggling with the influx of illegal miners. There is an energy crisis in the region. Information February 2 1920 was published by the TASS news agency.
According to media reports, the local energy distributor Irkutskenergosbyt suffered losses in the amount of $604 thousand, and is trying to recover them from miners who illegally connected to the power grid. A total of 44 lawsuits.
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Play-to-Earn (P2E) games to watch in 20300
This concept turns the player into an investor and allows you to earn “real” money.
The Play-to-Earn concept emerged as an alternative to the usual Play-to-Win schemes. The main feature is that the player becomes the real owner of everything that he creates or receives in virtual worlds. The combination of blockchain technologies and, in some cases, metauniverses helps in this.
The very concept of special game currencies is not new. In the same Sims, for Simoleons, we could buy anything – from pizza to a house.
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Crowdfunding: top 8 IDO platforms
IDO launchpad is a concept that is profitable for businesses, in fact it is a link between investors and startups, so platforms offering such crowdfunding have become a real boom. However, not all launchpads monitor the quality of the projects placed on it, so it is important for us as users to pay attention to the platform that we want to use.
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GameStop has partnered with Immutable X
GameStop has partnered with Immutable X to develop its own NFT -marketplace. It is also reported that for these purposes a fund has already been created for $ million
The launch of the platform is expected at the end of this year. In addition, according to the terms, Immutable X will provide GameStop with their IMX tokens for approximately $44 million, when passing through certain stages of the program.
Solana ETP will be listed on the Frankfurt Stock Exchange
DeFi Technologies subsidiary received approval from Boerse Frankfurt Zertifikate AG to list ETP, which tracks Solana’s value.
“We look forward to our further development to give investors access to leading ETPs on regulated exchanges across Europe” said the CEO Russell Starr Company.
*ETP product) is a type of security that tracks the quotes of underlying securities, indices, or other financial instruments.
22Project news
MonkeyLeague announced a partnership with Polemos
The eSports metaverse MonkeyLeague has announced a partnership with Polemos, a GameFi platform that is a combination marketplace, guild and education center.
Details can be found in the article on the medium.
