BITCOIN AND CRYPTOCURRENCY NEWS OF THE WEEK

mouldi493 (29)in #bitcoin • 2 years ago (edited)

The news about Bitcoin and crypto-currencies is in constant turmoil. Sometimes vital information gets lost in the daily news flow and you miss the important points.

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▶ Poolin temporarily freezes withdrawals in the face of a liquidity crisis. Indeed, one of the world's leading mining pools is struggling to handle the recent increase in withdrawal requests.

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▶ To combat censorship, Wasabi and Trezor are joining forces. The two entities have announced a partnership to offer Coinjoin transactions to Trezor wallet users.

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▶ The Merge is on, Bellatrix is activated on the beacon chain. Bellatrix marks the first of two steps that enable the deployment of The Merge. The hard fork was successfully completed on September 6.

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▶ Binance gets into zk-Rollups with zkBNB. The developers of the BNB Chain have announced the launch on the testnet of their own zk-Rollup solution.

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▶ The turmoil surrounding Celsius is not letting up. Indeed, the company is suspected of having lied about its financial status since 2021. In addition, the latter would have engaged in price manipulation of the CEL token price.

▶ Although Vitalik Buterin theorized them, Binance is the first to launch Soulbound tokens. These will allow for the management of address-bound identities.

➤ 300,000, this is the number of Optimism (OP) tokens that will be airdropped to 1inch users. Thus, the 1inch protocol will distribute these tokens to the protocol users on Optimism layer 2.

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➤ $265,000 is the amount scammed in an attack that targeted KyberSwap. In practice, this attack targeted a flaw in the frontend of the application. The flaw was introduced by using the Google Tag Manager service.

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➤ $370,000, this is the amount stolen from the Nereus Finance protocol on Avalanche. In fact, an attacker performed a price manipulation attack through the use of flash loans.