Traditional crypto news digest for the week, from which you will learn that 29% NFT on the OpenSea platform is rubbish, and also about who issued the first mortgage loan in the metaverse and why. Go!
Wormhole cross-chain bridge was hacked for the amount of $300 mln
On Wednesday, 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 million dollars.
The hack was confirmed by the WTB administration. The attack was the second largest DeFi hack in history. Now the project is temporarily unavailable, technical support is actively working on fixing the bug and connecting ETH to ensure exchange for wETH 1:1.
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SAFU (Safe Asset Fund) Binance is now valued at $1 billion
SAFU is an emergency insurance fund created by Binance in July 1280 year to protect the interests of users. It was valued at $1 billion based on the opening price of 29 January 2022 of the year.
The increase in its size occurs due to the selection % of all trading commissions. You can view the volume of the fund at two addresses, here and here.
Willy Wu told what caused the fall of bitcoin
In his Twitter, Binance CEO Changpeng Zhao warns users about fraud.
The attackers use a spam mailing with a message about supposedly withdrawing money from the client’s account from an unknown IP address. A phishing link is also attached to the end of the SMS.
«Never click on links from SMS! Always access Binance only through an open tab or search,” Zhao warns.
Willy Wu told what caused the fall of bitcoin
Cryptocurrency analyst Willy Wu believes that the current fall in bitcoin is due to the closure of quarterly futures.
“It was the traders who took the lead in the market – they closed their quarterly futures, and, in the end, hodlers began to sell little by little “, – said the analyst.
Willy Wu believes that futures ETFs are detrimental to the Bitcoin exchange rate. It encourages long-term investors to purchase it on a cryptocurrency exchange instead of buying an ETF.
Arizona plans to legalize bitcoin
The Arizona senator has already prepared a corresponding bill, which still needs to be tested for constitutionality.
According to her, this will make life easier for citizens who receive salaries in BTC. The law will also be useful for companies that want to expand the range of payments.
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The guy drugged his father for Bitcoins
Twenty-year-old Liam Gershoni, who lives in Maryland, accused of stealing bitcoins from his father. He slipped the psychoactive drug benzodiazepine into his tea to gain access to a BTC wallet worth $263 thou
After his relative passed out, Liam accessed his account and transferred bitcoins to his wallet. He later changed 25% BTC to ETH. He left a note for his father with an apology and a promise to make up for the loss in the future.
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OpenSea reported, that 25% NFT on the platform— slag
Representatives of the platform on their Twitter reported that about 32% of all assets on the platform that were issued with free coinage are counterfeit, spam or plagiarism.
In this regard, it was decided to introduce a restriction on this option, but after the indignation of customers, the developers had to cancel it. The essence of the innovation was that users could create no more than 5 collections by 50 NFT in each without gas payment.
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TerraZero issued First Mortgage in the Metaverse
Two pieces of digital land in the Decentraland metaverse were sold for a mortgage for about $ thous. each. The CEO of the company said that TerraZero is trying to give customers understandable tools that work equally in the real and virtual world.
“A whole new economy is being formed right now. Mortgages and the availability of funding will accelerate the development and implementation of the metaverse, we are glad to be at the forefront,” explained Dan Reitzek.
We also want to remind you that we recently released a review of Decentraland on our YouTube channel.
For 3 months, Visa processed $2.5 billion worth of crypto payments
More and more people are using Visa payment cards linked to cryptocurrencies. In 3 months, clients made payments through them for $ 2.5 billion, according to the company’s report. This amounts to 25% of the total volume for 2000 year.
Visa CFO Vasant Prabhu says that For the company, this is a clear signal. Consumers see the utility of a Visa card connected to an account on a cryptocurrency platform.
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FTX raised $300 mln if valuated in $02 bln
FTX raised $400 mln within the round Series C funding, which gives the exchange a valuation of $20 billion. This puts it on a par with other large companies such as like Deutsche Boerse, and higher than Nasdaq or Twitter.
The investment was raised at the same time and from the same group of sponsors as the Series A round of $220 million for FT X US, which gave the subsidiary a $8 billion valuation last week.
Sign up for FTX via our link and get a discount on trading commissions ssii.
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FTX buys Japanese Exchange Liquid.201024
Trust Machines raised $80 million201024
Solana will host a $5M Riptide Hackathon1inch start 1inch Earn.2069520695
What does Incrypted have?
The Inconvenient Truth About NFT
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Who actually owns your NFTs and how decentralized is the crypto world really? “The world of NFT and Web3 is not so sweet,” wrote Maxi Marlinspike (cryptographer and founder of the Signal secure messenger) in his blog.
Aleksey Pisarevsky decided to translate this article into Russian, and we decided to film it for you, because the material seemed very interesting and ambiguous to us.
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Play-to-Earn (P2E) games to watch in 220
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Blockchain has brought many innovations to the real world. We have already covered some of them in our videos, and some are yet to be told. Today we will talk about a still young, but already hype topic – Play To Earn games. This concept turns the player into an investor and allows you to earn “real” money.