Mario Nawfal has exposed unethical behavior by FTX and its founder, Sam Bankman in taking down the Celsius project. He says that before the Celsius addresses got frozen, Mario saw myriad coordinated attacks.
(more…)Category: Ethereum News
Lido Finance brings better liquidity to KyberSwap decentralized exchange
Kyber Network has announced its partnership with Lido Finance that will bring best wstETH liquidity to the Ethereum mainnet. Kyber Swap has already shown stellar results with their wstETH and stMATIC campaigns on three other blockchains, Polygon, Arbirtrium and Opitmism.
(more…)TrueFi issues Blockwater notice for $3.4M restructured loan
TrueFi DAO has issued a default notice to Blockwater Technologies for non-payment of $3.4M restructured loan. Out of this loan, the default represents around 2-percent of total value of TrueFi’s DAO. Blockwater Technologies and NWH/Invictus loans represent a total of 0.25% TrueFi’s cryptocurrency loan originations. It shall be noted that this would have no effect of USDC, USDT and TUSD pools of TrueFi. Here’s screenshot of the loan that was taken on Ethereum blockchain around 155 days back.
(more…)Celsius Network CEO resigns and cashes out $122,000 secretly
Alex Mashinsky, CEO of Celsius Network has resigned, cashing out more than 82000 CEL tokens which at time of this article, amount to around $122,000. Celsius is now a bankrupt lender in world of cryptocurrencies but the company still has hopes. It has appointed their CFO as Chief Restructuring Officer and Interim CEO to bring the Celsius Network back on track.
(more…)Kyber Network KNC token crashed after whale dumps on FTX cryptocurrency exchange
Two wallets deposited whopping 5.5 million tokens on popular FTX cryptocurrency exchange. The wallet is still holding an additional $6.5M worth of Kyber Network’s KNC token. It clearly is a developer wallet or belongs to a VC investor.
(more…)EthereumPoW will freeze 12 Ethereum address before Ethereum hard fork 2022
Ethereum PoW team has released third list of batch addresses which they are planning to freeze. This way these ETH address will not be getting the new ETHW tokens.
(more…)Tornado Cash DAO project shuts down permanently to keep team members safe
DAO of Tornado Cash has announced that it will be shutting down cryptocurrency project permanently in order to keep its contributors and team members safe. This is one important example of government being able to track and shut down a so-called decentralized project.
(more…)Tornado Cash sanctioned by US Treasury
We believe that US Treasury has simply copy-pasted all the Etheruem addresses on their sanction list that have been labeled as Tornado Cash. The domain, Tornado.Cash, has been put down and no longer accessible.
(more…)$99M lost in Harmony ONE Horizon bridge incident
Harmony Protocol has proposed a reimbursement proposal to deal with whopping $99 million dollars assets stored on ONE blockchain. This includes following assets.
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