Using the Profit Protocol, Shazmu successfully negotiated with the hackers and recovered nearly $5 million in stolen funds in just a few hours.On September 21, Chaofan Shou, co-founder of blockchain analytics firm Fuzzland, warned of Shezmu’s compromised vault. While it is unclear whether the incident was a hoax or a real hack, Shou confirmed that around $4.9 million worth of cryptocurrency was stolen in the process.source: Show ChaofanShezmu later confirmed that one of its ShezmuUSD (ShezUSD) stablecoin vaults had been compromised and actively urged the hacker to return the funds in exchange for a bounty without legal liability.source: ShezmaShezmu requested…
Author: Crypto Flexs
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CPCoin Team Announces CP Merchant – The Future of Cryptocurrency Payments for Businesses – Chainwire housenewsroomCPCoin Team Announces CP Merchant – The Future of Cryptocurrency Payments for Businesses We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the subscriber or user to use specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting…
Managing digital assets like cryptocurrencies can be complicated, especially when it comes to inheritance. But it doesn’t have to be. Vault12 Guard ensures that your digital inheritance is secure and only the right people (your chosen guardians) can grant access to your beneficiaries at the right time. Implementing an estate plan Vault12 recommends creating a carefully thought out estate plan that covers all of your digital assets. Once your estate plan is in place, Vault12 Guard helps manage access to those assets and ensures everything is handled as intended. Comprehensive digital safe Vault12 Guard is not just for backing up…
Caroline Bishop 21 Sep 2024 13:38 NVIDIA introduces NCCL 2.22, focusing on memory efficiency, fast initialization, and cost estimation for advanced HPC and AI applications. The NVIDIA Collective Communications Library (NCCL) has released its latest version, NCCL 2.22, which provides significant improvements aimed at optimizing memory usage, accelerating initialization times, and introducing a cost estimation API. These updates are essential for high-performance computing (HPC) and Artificial Intelligence According to the NVIDIA technology blog, (AI) applications. Release Highlights NVIDIA Magnum IO NCCL is designed to optimize inter-GPU and multi-node communication essential for efficient parallel computing.…
Over the past few years, Dogecoin (DOGE) developers have had the unenviable task of trying to transform this ‘joke’ meme coin into a token that can be taken seriously. As many of you know, Dogecoin was originally designed to be just a parody of cryptocurrencies. As a result, no one could have predicted that it would become so popular, especially so quickly. But while Dogecoin is and will remain a memetic coin at its core, have the developers done enough to present Dogecoin as a legitimate and significant token alongside competing crypto tokens?Why Dogecoin Needs DevelopersDogecoin was originally designed as…
Two German government agencies under the Frankfurt am Main public prosecutor’s office have shut down 47 illegal exchanges, some of which used cryptocurrencies. The Central Office for Combating Internet Crime (ZIT) and the Federal Criminal Police Office (BKA) have shut down an exchange hosted in Germany. According to an announcement on Thursday, the law enforcement agencies claim that the platform committed money laundering by obtaining and concealing the source of illicit funds. The exchange also circumvented customer verification protocols that verify the identity of users before allowing digital asset transactions. The anonymous sources of these funds played a role in…
A widely known cryptocurrency analyst and trader is expecting a bullish trend for a low-cost cat-inspired meme coin on the Binance Smart Chain ecosystem. A trader known as Blunts told his 274,800 followers on social media platform X that he was seeing a massive breakout in the Simon’s Cat (CAT) mimecoin. “Cat season is alive and well. Cats are building up vertically and then bursting, grinding nonstop from the launch. It looks like a face-splitting burst is coming soon.” Source: Bluntz/X Based on Blunts’ chart, he sees CAT memecoin in the process of breaking out of the ascending channel within…
Caroline Bishop Sep 19, 2024 04:44 Binance has announced that it will support the Manta (MANTA) network upgrade and hard fork on September 19, 2024, and will suspend deposits and withdrawals. Leading cryptocurrency exchange Binance has announced support for the upcoming Manta (MANTA) network upgrade and hard fork. According to Binance, the upgrade is scheduled to occur on September 19, 2024 at approximately 10:00 PM (UTC).Network Upgrade DetailsStarting at approximately 21:00 (UTC) on the same day, Binance will suspend both deposits and withdrawals of tokens on the Manta Network to facilitate the upgrade and…
According to Jose Fernández da Ponte, PayPal’s VP of Blockchain, Cryptocurrency, and Digital Currency (BCDC), Ethereum (ETH) is not the best solution for payments. Ethereum is not suitable for payment purposes speaking At the Solana Breakpoint 2024 conference, Ponte cited Ethereum’s inability to handle high volumes of transactions as a key reason PayPal decided to launch its dollar-backed stablecoin, PYUSD, on competing smart contract platform Solana (SOL). PayPal initially launched the PYUSD stablecoin on the Ethereum network in August 2023. However, in May 2024, the company announced that it would launch the stablecoin on the Solana blockchain, which would “It…
SHIB is showing signs of breaking out of its 75-day range. The order book liquidity delta indicates that buy orders are deeper than sell orders. The second largest Mimecoin, Shiba Inu (SHIB), has been consolidating near the $0.000014416 support zone for some time. It has tested this level three times but has not broken below it. However, the SHIB/USDT price action now shows a possible breakout of the 75-day range. At the time of writing, the tightly compressed Bollinger Bands are starting to widen. This development could signal the end of the consolidation. Additionally, the wave trend momentum oscillator has…