Hackers compromise Bitcoin.org

Unknown people hacked one of the oldest platforms about the first cryptocurrency — Bitcoin.org. The scammers posted an announcement on the website about the distribution of digital currency. As a result, the domain registrar Namecheap restricted access to the portal.

Today, September 23rd, Twitter users started posting the offer to Bitcoin.org users. Unknown persons offered to transfer cryptocurrency to a specific address — they promised to double the funds sent.

“Bitcoin.org has never been hacked. And then we Bitcoin.org hasn’t been hacked, ever. And then we move to Cloudflare, and two months later we get hacked. Can you explain where…

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Banks from the USA and Europe oppose the restrictions on working on the crypto market

The largest American and European banks, including JP Morgan and Deutsche Bank, are confident that the latest regulatory requirements limit the work of financial institutions on the crypto market. Earlier, it was decided that financial institutions that have digital assets must ensure their full backup.

The initiative came from the Basel Committee on Banking Supervision of the Bank for International Settlements. The committee believes that when banks invest in crypto assets, it is necessary to adhere to a “conservative approach”, since digital currencies pose a possible threat to the financial stability of a credit institution.

“We find the proposals in…

JPMorgan named the “fair” ethereum price

The “fair” price of ETH based on network activity indicators is at the level of $1,500. This statement was made by the strategist of the largest investment bank Nikolaos Panigirtzoglou.

In his opinion, the Ethereum network is less attractive than its current rate demonstrates. Panigirtzoglou pointed to other projects, such as Solana and Cardano, that could become competitors of ETH.

“We look at the hashrate and the number of unique addresses to try to understand the value for ethereum. We’re struggling to go above $1,500,”said JPMorgan strategist.

However, the head of the Skale Labs crypto project, Jack O’Holleran, believes that…

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Hackers attacked pNetwork project and stole $12.5 million worth of cryptocurrency

Unknown persons hacked pNetwork cross-chain platform. The team of the crypto project wrote about the loss of 277 bitcoins, which equals about $12.5 million.

«We’re sorry to inform the community that an attacker was able to leverage a bug in our codebase and attack pBTC on BSC, stealing 277 BTC (most of its collateral). The other bridges were not affected. All other funds in the pNetwork are safe,” wrote the pNetwork team.

The project team also announced that vulnerabilities in the platform code have already been identified and work is underway to eliminate them. …

Coinbase adds support for SHIB token, which has risen in price by 25%

Crypto platform Coinbase has started trading the Shiba Inu token. SHIB transactions can be carried out through the exchange and its Android and iOS applications.

Following Coinbase’s announcement of the listing of the crypto coin, its value has risen by 25%, according to Coinmarketcap as of September 17. SHIB is among the 50 most popular tokens.

This spring it became known that Vitalik Buterin was the largest owner of Shiba Inu. He sent 90% of his tokens to an inaccessible address. Their cost was more than $6.5 billion.

The Ethereum co-founder clarified that he had no plans to store SHIB…

️ Binance management intends to establish a dialogue with regulators

Binance is undergoing a large-scale reorganization aimed at transforming the crypto exchange into a licensed financial institution. The changes, according to the company’s management, should help improve relations with regulators.

2021 has been a challenging year for Binance. British, Japanese, Singaporean and Hong Kong regulators issued warnings regarding the operation of the crypto platform. The CEO of the exchange, Changpeng Zhao, noted that the company has already started a dialogue with regulators, hoping to obtain the necessary permits to work in various jurisdictions.

“As we run a centralised exchange, we have come to realise that we need to have a…