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Walter Grand

Walter Grand

Era Lend protocol lost $3.4m in hack

The largest lending protocol on the zkSync blockchain called Era Lend has been hacked. The probable damage is $3.4 million. According to analyst agency Certik, the hacker exploited a "re-entry" vulnerability to affect the LP token rate. Anomalous activity on the platform was also discovered by an

Twitter has changed its logo to an X

The platform's main menu, instead of a bird, now displays an X. From the x.com domain comes a redirect to Twitter. The official Twitter account has also rebranded to X.

Republicans introduced a bill to establish a regulatory framework for cryptocurrency

A group of Republicans in the US House of Representatives has introduced a 212-page Financial Innovation and Technology for the 21st Century bill. The initiative aims to define the role of regulators in managing and overseeing the cryptocurrency market.

US authorities plan to equate DeFi protocols with financial counterparties

A group of US senators has introduced the bipartisan Crypto-Asset National Security Enhancement Act of 2023. The initiative aims to extend the current rules for banking and financial counterparties to DeFi protocols, the media reported.

Mantle Network unveiled the alpha version of the core network

At the EthCC event, after 6 months of development, testing and audits, Mantle Network unveiled the alpha version of the core network. Bybit also launched a 1k1 conversion and rebranded the BitDAO token (BIT) to Mantle (MNT).

CEO of Dune told about the disadvantages of airdrops

According to CEO of analytics service Dune, the airdrop system has some disadvantages: * It is an absurd waste of capital for farmers. * Such mechanics create no long-term value for anyone. * Airdrops create "get-rich-quick communities." "If Dune wanted to issue a token, we would have done it a

The court set bail in the case of ex-CEO Celsius in the amount of $40 million

Mashynskyy's lawyers said that he does not consider himself guilty and intends to defend his case in court. He is ready to be released on bail of $40 million. According to the case materials, the ex-CEO and Celsius are accused of "pumping" the rate of the

Is the peak of neural network popularity passing? The audience of ChatGPT and Midjourney is rapidly declining

According to Tele2, the number of Russian users dropped by 30% in June. This is the first drop in neural network traffic since its launch in November 2022. Megafon, on the other hand, reports that aggregate traffic on Openai, Chatgpt and Chatgptbot sites fell by half between May and June.

Elon Musk has created yet another company. Now for the development of artificial intelligence

The name of the company is xAI. Its main goal, according to its website, is to "understand the true nature of the universe." xAI will work closely with Twiiter, Tesla and Musk's other companies, but will not be part of X Corp. The company's

Former SEC head speaks out in favour of bitcoin-ETFs

Jay Clayton, former head of the SEC, was interviewed on CNBC where he stated that approval of a bitcoin-ETF would be "hard to resist." At the same time, Clayton noted that the regulatory process is a thorough one, so he doesn't expect quick answers.