Results of the week: Bitcoin failed the level of $ 20,000, and Pavel Durov announced the blockchain marketplace in Telegram

Bitcoin failed the level of $ 20,000 after the performance of the head of the Fed, Pavel Durov announced the marketplace of domain names based on Ton, Hodlnaut reported the “hole” in the balance of Terra and other events of the outgoing week.

Bitcoin price failed $ 20,000

On August 26, the head of the Fed, Jerome Powell, said that to control the inflation of the Central Bank, it would be necessary to hold interest rates at a high level for some time. Bitcoin reacted to the official’s performance with a fall below $ 21,000, and then failed the level of $ 20,000.

At the time of writing, the first cryptocurrency is traded near the above psychological mark.

The flagship traditionally pulled the rest of the market and all the cryptocurrencies from the top 10 on capitalization closed a week in the red zone. The worst dynamics was shown by SOLANA (-9%) and Dogecoin (-7.6%).

The total capitalization of the cryptocurrency market was $ 1.01 trillion. Bitcoin dominance index decreased to 37.9%.

Pavel Durov announced the launch of the blockchain marketplace in Telegram

The founder of Telegram Pavel Durov announced the possible launch of the market for the Ton blockchain for the sale of users, links to channels and groups in the messenger.

He noted that “impressed” by the recently conducted by the Ton team for the sale of domain names. Subsequently, other elements of the ecosystem, including channels, emoji and stickers, may also appear on the Messenger marketplace.

Hodlnaut reported a “hole” in a balance of $ 193 million

Hodlnaaut’s cryptoland platform deficiency as of August 8, 2022 amounted to $ 193 million, follows from the documents for bankruptcies in Singapore. The company’s creditors are 17,513 persons.

The platform converted $ 317 million into the collapsed Terrausd stablecoin to obtain high profitability through the Anchor protocol, which led to a loss.

The hacker unsuccessfully attacked the Rainbow Bridge cross-bridge and lost 5 ETH

The Rainbow Bridge cross-bridge successfully repelled the attack of an unknown hacker, said CEO Aurora Labs Alex Shevchenko. According to him, after 31 seconds, the system automatically rejected the fabricated Near block for which it took a deposit of 5 ETH.

Nike earned $ 185 million on NFT sale

Fashionable brands How long does it Dolce & Gabbana, Tiffany, Gucci, Adidas and Nike, in total, earned $ 260 million on sales of non -replaced tokens.

Half of the $ 185.3 million NIKE in the form of revenue from NFT received as a royalties from the secondary turnover of tokens, the volume of which amounted to $ 1.29 billion. Another half of the income was on primary sales. Clonex and Mnlth heads the NIKE NIKE NFT list with the highest Royalti fees-$ 39.9 million and $ 24.2 million, respectively.

What about Tornado Cash?

In the Netherlands, the judge left the Tornado Cash developer Alexei Pertsev and established a 90-day period during which the first hearing should take place. The meeting was held on August 24 in closed. Pertsev’s lawyers could not achieve his release on bail. According to the publication, the developer has not yet been charged.

Kharon researchers said Pertsev was arrested due to cooperation with the Russian company OOO Digital Security. The company allegedly provided material and technical support for the FSB of the Russian Federation, and Pertov was a specialist in information security and developer of smart contracts.

This week supporting the project was expressed by Cardano founder Charles Hoskinson. In his opinion, developers cannot always control the open source code and how users will interact with it.

Tether refused to block the Tornado Cash address without requests from the authorities

The USDT Steabelcoin issuer – Tether – refused to freeze the addresses related to the Tornado Cash transactions service without appropriate requests from law enforcement agencies.

The blocking of addresses unilaterally in the company is considered a “reckless and destructive” measure.

What to discuss with friends?

• Former girl John Makafi denied his death.
• Eminem and Snoop Dogg will be performed on MTV Video Music Awards in collaboration with NFT Bayc.
• SBU blocked a cryptocurrency wallet with donates for war in Ukraine.
• Argentina presidential candidate was accused of promoting the crypto.

Ronin crackers converted bitcoin assets and used mixers

Hackers standing behind the March hacking of Sidchan Ronin (for the game Axie Infinity) transferred most of the stolen $ 625 million to bitcoin. To conceal traces, the attackers were used by Chipmixer and Blender mixers, as well as a wrapped version of Renbtc bitcoin.

The court allowed the creditors Three Arrows Capital to check the hedge fund assets

The high court of Singapore satisfied the request related to the group of Three Arrows Capital Teneo to verify the levils of the hedge fund assets in the jurisdiction.

The consulting company was able to request all financial data, including information about bank accounts, cryptocurrencies, shares in companies and real estate.

Elliptic: Fraudsters stole NFT in the amount of more than $ 100 million for a year

For 12 months since July 2021, attackers stole NFT worth more than $ 100 million as a result of fraud, they found out in Elliptic. May was the most effective – $ 24 million.

In the context of the collections, the attention of hackers was riveted to the NFT series Bored Ape Yacht Club – $ 43.6 million. Mutant Apes, Azuki, Otherside and Clonex are also among the popular among hackers.

23% of the NFT stolen by the attackers received through the compromise of social networks (mainly Discord) and the phishing in them. Other methods included the creation of malicious sites, exploits in emails and hacking wallets.

Forbes: more than 50% of bitcoin transactions on exchanges are fictitious

Over half of the centralized platforms of operations with bitcoin do not have economic meaning and are fictitious. This was stated by Forbes analysts in the study.

Specialists concluded that as of June 14, 2022, the daily global trade volume in pairs with bitcoin amounted to $ 128 billion. This is 51% less than $ 262 billion, which can be obtained if the values ​​reported by the platforms themselves.

Hetzner provider forbade launching nodes on his servers

The large German hosting provider Hetzner said that the use of its servers for launching software for cryptocurrency mining violates the rules of the company.

“The use of our products for any applications related to mining is not even remote, is not allowed. Including Ethereum. […] Even if you just run one node, we will calculate this by a violation of our rules, ”the official representative of the cloud provider said in a statement.

Also on FORKLOG:

• Forklog magazine is eight years old.
• The average Bitcoin transaction commission fell below $ 1 for the first time since July 2020.
• Binance blocked the Baking Bad startup account from the Tezos ecosystem.
• Vitalik Buterin announced the superiority of cryptocurrencies over other payment tools.

What else to read and see?

As The Merge approaches the community, discussions flare up with renewed vigor about the likely movement of the price of the second in capitalization of cryptocurrency, the viability of the potential fork ETHW and the prospects of Ethereum Classic. Found out whether the update will be able to restart the market to new heights.

In educational cards, they told what Ethereum Classic, Vekhain and multiplier Pewella are. They also explained why, when trading cryptocurrency, price slipping occurs and how the NFT staying works.

Released a new special port about the largest update Ethereum – The Merge. Guest of release – co -founder and CTO 1INCH Anton Bukov.

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