Coinatory

CoinEx, the cryptocurrency exchange that recently experienced a security breach has taken an approach to address the situation. In a letter dated September 15th the company has extended an olive branch to the hackers. They have invited the perpetrators to engage in negotiations, for the return of the stolen assets. Have even offered a " bug bounty" as an incentive. The notorious Lazarus Group, known to have ties with North Korea has been identified as responsible for this attack. According to security firm SlowMist approximately $55 million was lost from CoinExs wallets during the breach that took place on September 12th. As a result of this incident CoinEx has temporarily suspended all deposits and withdrawals while conducting investigations. In their letter CoinEx recognized this hack as a wake up call regarding the importance Read more about CoinEx's Risky Gamble: Extending an Olive Branch to Notorious Hackers #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cry...

Robert Kiyosaki, best known for his book 'Rich Dad Poor Dad,' recently expressed optimism about the role of cryptocurrencies in the future of finance. The author anticipates that Bitcoin could surge to $120,000 in the coming year and cautions about an impending economic crisis, suggesting that digital currencies could serve as financial refuges. Kiyosaki took to social media platform X, formerly known as Twitter, ahead of the TOKEN2049 crypto conference scheduled for September 18-19, to share his bullish views on cryptocurrencies. He believes that traditional forms of money, particularly the U.S. dollar, are nearing obsolescence. He's also confident in Bitcoin's ability to recover from market slumps, attributing potential price increases to the upcoming halving event. Despite his claim that green energy initiatives negatively Read more about Robert Kiyosaki Forecasts the Rise of Cryptocurrencies and Warns of Impending Economic Crisis #Bitcoin, #Cryptocurrency, #Cryptoma...

Ethereum, the technology behind the worlds second largest cryptocurrency by market value is constantly evolving to keep up with the fast paced changes in the blockchain industry. To stay ahead Ethereums developers have introduced a testnet called Holešky. At the core of Holeškys launch is its starting supply of 1.6 billion Holešky Testnet Ether (HETH). This substantial amount is distributed to validators on day one to kickstart the networks operations. Whats interesting is that this token quantity is ten times larger than what exists on the Ethereum network. Developer Tim Beiko explains that development networks often utilize a 10 billion supply to ensure there are resources for testing and developing new features. Before Holešky came into existence Goerli was Ethereums testnet for experimenting with new staking mechanisms, inf Read more about Holešky Testnet Launch: A New Chapter in Ethereum's Evolution and Innovation #Blockchain, #Cryptocurrency, #Cryptomarket...

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious09:002 pointsECB's De Guindos Speaks ------------------12:302 pointsECB's Elderson Speaks  ------------------15:002 pointsECB's Panetta Speaks  ------------------20:002 pointsTIC Net Long-Term Transactions (Jul)116.5B195.9B Read more about Upcoming economic events 18 September 2023 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

The Hong Kong Monetary Authority (HKMA) has issued a warning to the public regarding cryptocurrency companies that portray themselves as banks potentially violating local banking regulations. In a statement, the HKMA cautioned that the use of banking-related terminology might lead individuals to mistakenly believe that these crypto firms are licensed financial institutions in Hong Kong. The authority clarified that approved institutions are legally permitted to engage in banking or deposit-related activities within the region as dictated by local laws. The HKMA stressed that companies using terms such as " bank," "digital asset bank " or "crypto asset bank " or those claiming to provide traditional banking services could be operating unlawfully. Furthermore, the HKMA emphasized that it is illegal for any company name or Read more about HKMA Warns Public About Unlicensed 'Crypto Banks,' Highlights Lack of Deposit Protection #Bank, #Cryptocurrency, #...

Markian Ivanichok, the founder of Brushfam recently announced his departure from the Polkadot network due to difficulties in securing funding and a perceived lack of consideration for users within the ecosystem. Ivanichok expressed these concerns in a discussion on X formerly known as Twitter. At the time PolkaWorld, a community within the Polkadot ecosystem has decided to cease its operations. This decision was made after their request for funds from Polkadots treasury was denied. In a statement PolkaWorld raised questions about the management of the treasury under Polkadots governance model called OpenGov. According to PolkaWorld OpenGov has negatively impacted standing contributors, to the Polkadot network. Many organizations have seen their proposals rejected by the treasury. Are now distancing themselves from the Read more about Brushfam and PolkaWorld Exit Polkadot Ecosystem #Blockchain, #Brushfam, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Polkadot, #PolkaWorld

If you're eligible for Airdrop #1 in the Optimism Governance community but haven't gotten around to claiming your tokens, you can breathe easy. About 48 million OP tokens are in the pipeline to be distributed to over 88,000 unique addresses, giving a nice lift to community members. The distribution kicked off sharply at 4:00 PM UTC and is expected to wrap up within the next 12 hours. This quick turnaround doesn't just mean that eligible users get their tokens swiftly; it also frees up the core team to focus on other vital tasks like smart contract development and planning future airdrops. Optimism Governance's ethos of fairness and transparency really shines through with this distribution approach. By sending tokens directly to qualified users, the platform is knocking down any potential barriers, making sure the community keeps Read more about Optimism Airdrop #1: A Milestone in Fairness and Transparency #Adoption, #Altcoin, #Blockchain, #Cryptomarket, #Cryptonewstoday...

The U.S. is ramping up its relationship with Vietnam, announcing several new business partnerships in important fields like artificial intelligence (AI) and aviation. According to Reuters, both countries are eager to boost trade despite economic challenges. President Joe Biden met with major Vietnamese stakeholders to discuss new business opportunities. The summit featured top execs from Vietnamese companies such as electric car maker VinFast, Vietnam Airlines, and digital wallet MoMo, as well as senior leaders from U.S. firms like Google, Amkor, Boeing, and Marvell. Both countries reaffirmed their commitment to work closely in AI, cloud computing, and semiconductors, especially given the rising tensions with China. Biden specifically mentioned Microsoft's plan to develop a specialized AI tool for Vietnam that aims to make Read more about Vietnam Emerges as Strategic Alternative in U.S.-China Tech Rivalry #Altcoin, #Bitcoin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday