Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain
Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to exploit a bug in its codebase to take control of the stolen bitcoin. The bridging contracts are currently working as usual but with extra security measures enabled. Pnetwork Protocol Hacked: 277 Bitcoin Lost Pnetwork, a decentralized...
Biggest Bank in Venezuela Suffers 5 Day Outage After Hack Attempt
The Bank of Venezuela, one of the biggest state banks in the country, is now experiencing an outage that has left its customers without services for five days. The bank published a PR statement stating this was the result of a “terrorist attack” on the national financial system, being perpetrated in the form of a massive hack. More than 16 million customers are still without banking services at the time of writing. Bank of Venezuela...
Fed’s Powell Scrutinized for Owning Bonds of the Same Type the Central Bank Bought During Pandemic
As a number of Federal Reserve presidents have been criticized for their 2020 stock moves, Fed chairman Jerome Powell has been cast into the limelight for owning $1.5 million municipal bonds like the ones the U.S. central bank purchased in 2020 during the pandemic. All Eyes Are On Jerome Powell’s Municipal Bond Portfolio Three days ago, the topic of senior Federal Reserve members making multi-million-dollar stock deals in 2020 caused...
Own NFT Land in ERTHA Metaverse and Generate Lifetime Revenue
ERTHA metaverse is Heroes of Might and Magic game-type inspired economic and social life built on a binance smart chain to explore and investigate the world by choosing specializations and increasing the strength of your NFT and country. Ertha’s globe consists of 350,000 HEX land plots, represented as NFTs. By owning a HEX land plot, you will get a cash-back for every transaction as a landowner. The game is designed to replicate a...
60 Cryptocurrency Exchanges in South Korea to Shut Down All or Some Services This Week
The deadline for cryptocurrency exchanges and wallet operators to comply with the new regulatory requirements to stay open in South Korea is this week. So far, only one crypto exchange has been licensed to continue operations. About 60 crypto exchanges are expected to either shut down or reduce services. 60 Crypto Exchanges Expected to Shut Down or Reduce Services Under the “Act on the Reporting and Use of Specific Financial...
