The Optimism Network has revealed that it will sell 116 million OP tokens in a series of planned sales.
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イーサリアムベースの自動マーケットメーカー「バランサー」のチームによれば、9月19日にウェブサイトのフロントエンドが攻撃されて約23万8000ドル（約3520万円）の仮想通貨が盗まれたのは、DNSサービスプロバイダーに対するソーシャルエンジニアリング攻撃だったのが原因だった。
バランサーは9月20日の投稿で、「調査の結果、これは.fi TLDを使用するためのドメイン登録業者であるEuroDNSに対するソーシャルエンジニアリング攻撃だったことが明らかだ」と説明した。
最初の攻撃から約8時間後、バランサーはその分散型自治組織（DAO）がDNS攻撃に積極的に対応し、バランサーのUIを回復する作業を行っていると述べた。
9月20日の午後5時45分（UTC時間）に、バランサーはドメインの保全に成功し、それを再びバランサーDAOの管理下に戻すことができたと発表した。また、「app.balancer.fi」などのサブドメインが再び安全に使用できることも確認した。
また、同じトップレベルドメインを使用している他のプロジェクトに対しては、より安全な登録業者への移行を検討することを提案した。EuroDNSはルクセンブルクに拠点を置くドメイン名登録業者でありDNSサービスプロバイダーだ。コインテレグラフはEuroDNSにコメントを求めたが、まだ返答はない。
Patreon creators had difficulties getting paid in August, while OnlyFans once tried to ban porn on the platform, forcing creators to look at alternatives, including Web3.
ビットコイン価格分析
ビットコインは、50日単純移動平均線（27154ドル）の強力なレジスタンスを突破できないでいる。弱気派が価格の上昇を制御しているようだ。
BTC/USDT daily chart. Source: TradingView20日指数移動平均線（26499ドル）が上昇傾向にあることや相対力指数（RSI）がプラスの領域を示していることは、強気派が市場を支配していることを示している。価格が20日EMAから反発すると、50日SMAを超える上昇の見込みが高まる。それが実現すれば、BTC/USDTペアは28143ドルまで上昇するかもしれない。
逆に、価格が下落し、20日EMAを下回ると弱気派が優位になったことを示す。26000ドルを下回ると、売却が加速し、ペアは24800ドルの重要なサポートまで下落する可能性がある。
イーサ価格分析
イーサ（ETH）は過去数日間、1626ドルのレジスタンスを上回って維持しているが、強気派はこの強さを活かせていない。
ETH/USDT daily chart. Source: TradingView9月18日と19日の長い上ヒゲを示すローソク足は、高値で弱気派が売却していることを示している。平坦な20日EMA（1637ドル）と中点を下回るRSIは、買い手と売り手の間にバランスが取れていることを示している。
ディスコード上で構築された仮想通貨とノンファンジブルトークン(NFT)の取引ツールであるノン・トレーディング（None Trading）は9月20日、「重大な欠陥」のために運営を終了した。
ノン・トレーディングは「大量の資金」および運営に不可欠な「チームトークン」を失ったと述べた。「これと並行して、プロジェクトを正常に維持するために必要な3人の主要なチームメンバーを失ってしまった。この不幸な出来事は、企業を効果的に運営することが単純に不可能な金融およびインフラの立場に私たちを置いてしまった。」と主張した。
「結果として、私たちは会社としての運営を停止する以外の選択肢は残されていない。」
発表時点で、プロジェクトのディスコードやテレグラム、公式ウェブサイトはすでに閉鎖されている。ノン・トレーディングは、オフラインになる前にトークンホルダーが報酬を請求する30日間の窓口を設けるとした。プロジェクトのNONEトークンは、このニュースを受けて約80%急落し、1NONEあたり0.074ドルとなった。先月のトークンのローンチ時には、NONEは1650万ドルの時価総額があると主張していた。
運営終了前、ノン・トレーディングは自身を「ディスコード内の一体型取引ソリューション」としてアピール。ユーザーは無料でボットにアクセスするか、プレミアム取引のための300 NONEの料金を支払うシステムを提供していた。ただ、ボットは各取引に基づいて0.3%～0.6%の手数料を徴収していた。匿名のCEOであるCarve氏は、2021年以来NFTとトークンの領域で活動している19歳としており、いくつかのプロジェクトを開発したと主張していた。
The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider was what led to its website’s frontend being compromised on Sept. 19, leading to an estimated $238,000 in crypto stolen.
“After investigation, it is clear that this was a social engineering attack on EuroDNS, the domain registrar used for .fi TLDs,” the firm explained in a Sept. 20 X post.
Approximately 8 hours after the first warning of the attack, Balancer said its decentralized autonomous organization (DAO) was actively addressing the DNS attack and was working to recover the Balancer UI.
At 5:45 pm UTC on Sept. 20, Balancer said it was successful in securing the domain and bringing it back under the control of Balancer DAO. It also confirmed its subdomains “app.balancer.fi” and other “balancer.fi” are safe to use again.
However, it suggested any other projects using the same top-level domain should consider moving to a more secure registrar.
Adult content creators have continued to shift towards decentralized versions of OnlyFans and Patreon, after recent payment difficulties and the ever-present threat of being de-platformed.
Leon Lee, founder and CEO of Only1 — a decentralized version of OnlyFans — tells Cointelegraph there has been a recent power shift from intermediaries to content creators, thanks to Web3.
“The role of intermediaries are diminishing while the role and earnings of creators are increasing,” said Lee.
In August, creators on Patreon reported having difficulties withdrawing their earnings from the platform as payments were being flagged as fraudulent by banks.
Many content creators also haven’t likely forgotten when OnlyFans tried to ban sexually explicit content in 2021, only to reverse the decision days later.
Bitcoin’s (BTC) recovery is facing selling above $27,000, indicating near-term nervousness due to the Federal Reserve’s meeting on Sep. 20. However, long-term investors are unfazed and they have continued to accumulate. Glassnode data shows that Bitcoin’s inactive supply has been at all-time highs since July.
This bullish temperament is not reflected in institutional activity, however. Investors have cut down on their cryptocurrency exposure and are sitting on the sidelines awaiting more clarity on the regulatory and macroeconomic front. Asset manager CoinShares reported that outflows from exchange-traded products hit $455 million over the past nine weeks.
Daily cryptocurrency market performance. Source: Coin360Meanwhile, analysts remain divided about Bitcoin’s near-term price action. Bollinger Bands creator John Bollinger speculated in a X (formerly Twitter) post that Bitcoin could start an up-move but added that it was “too early to answer.”
The volatility could increase after Fed Chair Jerome Powell’s press conference but traders should be careful not to get sucked into a bull or a bear trap. It is better to wait on the sidelines and enter after the volatility subsides and a directional move begins.
What are the important levels to watch for on Bitcoin and the major altcoins? Let’s study the charts of the top-10 cryptocurrencies to find out.
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None Trading, a trading tool for cryptocurrencies and nonfungible tokens built on Discord, has shut down due to a "critical exploit" within its infrastructure.
According to the September 20 announcement, None Trading developers said that it has "lost a significant amount of funding" as well as "team tokens" crucial for its operations. "Alongside this, we have lost 3 core team members that are required to keep the project running healthily. This unfortunate incident has put us in a financial and infrastructural position that makes it simply impossible to continue running the company effectively," developers wrote.
"As a result, we are left with no other option but to cease operations as a company."
The launch of generative AI products over the past nine months has the world talking about how it will change the future. Many are frightened. Others are excited about the opportunity.
A report last month from Next Move Strategy Consulting predicts the AI industry will grow 20x in the next seven years, creating a $2 trillion business, up from its current value of $100 billion. It might sound like wild hype, but other analysts from McKinsey, Morgan Stanley and BlackRock all map out a similar trajectory. AI is here to stay, and a lot of human lives will be upended. But it’s also the chance of a lifetime.
Frederik Pedersen, the co-founder of Danish AI company EasyTranslate and son of one of Denmark’s most famous men, is approaching the future head-on.
“I have been saying for a long time that translation is dead and AI has killed the industry as we know it, but that hasn’t gone down particularly well with my competitors. Now, however, those same people are listening and are realising that they may be too late if they want to transform their business.”
It’s not easy to be the child of a powerful person, as has been recently and brilliantly illustrated by the TV series Succession. If there’s a Logan Roy in the family, it’s difficult for the child to be their own person.
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Balancer, an Ethereum-based decentralized finance protocol has confirmed its user interface is currently "under an attack."
The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer's protocol until further notice.
Balancer said the details of the attack are under investigation. The firm hasn't confirmed whether user funds are safe at this point in time.
USD Coin (USDC), the second-largest stablecoin by market capitalization after Tether (USDT), continues expanding across different blockchain networks, now being launched on Polkadot.
USDC issuer Circle has officially launched USD Coin on the Polkadot network, the firm announced on Sept. 19. According to the Circle’s website, Polkadot USDC is immediately available for developers and users as the stablecoin can now be transferred to parachains in Polkadot via the XCM protocol using Circle Account and Circle APIs.
According to the announcement, PolkadotUSDC is natively issued on Polkadot Asset Hub, a common parachain that is designed for issuing, managing, and transferring digital assets across the Polkadot ecosystem.
Circle stressed that Circle Account and Circle APIs only support Polkadot USDC natively issued on Polkadot Asset Hub in the Polkadot ecosystem. This means that users must transfer USDC from their Circle Account to an external Polkadot Asset Hub wallet address prior to using XCM.
When transferring USDT from Polkadot Asset Hub to other parachains via XCM, users must transfer back to Polkadot Asset Hub via XCM prior to depositing into their Circle Account, Circle said, adding:
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Token 2049, one of the largest crypto conferences of the year, attracted a record 10,000 attendees, 300 speakers and 5,000 companies during the two-day event in Singapore.
From Sept. 13–14, attendees entering the majestic Marina Bay Sands Convention Expo and Center were greeted by the energetic beats from the Polyhedra DJ, then to a hall of booths showcasing the latest innovation in the blockchain industry. Aside from the main show, over 400 side events took place this year.
Among the biggest announcements during the event, KXVC, a subsidiary of Kasikornbank, the largest bank in Thailand with 20 million customers, launched a $100 million fund dedicated to Web3, AI and deep tech firms based in Southeast Asia. KXVC wrote:
“For Web3, KXVC targets Web3 infrastructures, nodes validators, RPC providers, middlewares, modularity technologies, privacy, ZKP, wallets, alternative L1/L2s, shared securities, LsdFi and consumerization of NFTs.”
AI Eye has been out and about at Korean Blockchain Week and Token2049 in Singapore over the past fortnight, trying to find out how crypto project leaders plan to use AI.
Probably the most well-known is Maker founder Rune Christensen, who essentially plans to relaunch his decade-old project as a bunch of sub-DAOs employing AI governance.
“People misunderstand what we mean with AI governance, right? We’re not talking about AI running a DAO,” he says, adding the AI won’t be enforcing any rules. “The AI cannot do that because it’s unreliable.” Instead the project is working on using AI for coordination and communication — as an “Atlas” to the entire project, as they’re calling it.
“Having that sort of central repository of data just makes it actually realistic to have hundreds of thousands of people from different backgrounds and different levels of understanding meaningfully collaborate and interact because they’ve got this shared language.”
Near founder Illia Polosukhin may be better known in AI circles as his project began life as an AI startup before pivoting to blockchain. Polosukhin was one of the authors of the seminal 2017 Transformer paper (“Attention Is All You Need”) that laid the groundwork for the explosion of generative AI like ChatGPT over the past year.
The lawyer responsible for laundering $400 million from the OneCoin fraud has been denied a motion seeking a new trial, despite a prosecution witness having perjured themselves in the trial against him in 2019.
According to a Sept. 18 report from Bloomberg, 54-year-old lawyer Mark Scott argued that he didn’t know OneCoin was a fraudulent operation at the time and should not be charged for his role in setting up the fund that laundered money for OneCoin founder Ruja “Cryptoqueen” Ignatov.
Scott was found guilty of money laundering and bank fraud conspiracy in November 2019, with prosecutors finding that Scott earned a total of $50 million through a fraudulent fund that processed payments and transactions siphoned from the OneCoin scheme.
His legal team has been seeking a new trial since, citing a false testimony from a government witness in the original trial.
However, during a Sept. 18 hearing, United States District Judge Edgardo Ramos denied the attorneys’ request for a new trial, saying he was unconvinced that “an innocent person may have been convicted” despite the false testimony delivered during the 2019 trial by Konstantin Ignatov.
Canadian fintech corporation WonderFi, a firm backed by billionaire Kevin O’Leary, recently announced a strategic partnership between Bitbuy and cryptocurrency ATM provider Localcoin ATM.
The partnership, announced on Sept. 18, will shore up Localcoin’s crypto ATM offerings throughout Canada with Bitbuy’s exchange platform and the “deep liquidity” that comes with it, according to a press release from WonderFi.
Bitbuy was the first cryptocurrency exchange to receive full regulatory approval in Canada. It was acquired by WonderFi in the January 2023 purchase of its parent company, First Ledger Corp., for close to $162 million (206 million Canadian dollars).
Localcoin purportedly operates the largest cryptocurrency ATM network in Canada. According to the press release, its 900 machines make up some 33% of the national total — which stands at approximately 2,700, making Canada second only to the United States in total adoption.
According to the press release, with this partnership, “Bitbuy’s digital asset services will cover nearly 50% of Canada’s Bitcoin ATMs.”
The failure of the bears to sink Bitcoin’s (BTC) price below $25,000-support ignited buying interest last week. The positive momentum picked up further at the start of the new week and buyers are trying to sustain Bitcoin’s price above $27,000.
Market participants seem to be buoyant on expectations that the Federal Reserve will not hike rates this year. The CME FedWatch Tool shows a 58% probability that the rates will remain at the current levels even in the December meeting.
Daily cryptocurrency market performance. Source: Coin360That could be one of the reasons why the strength in the United States dollar index (DXY) has not adversely impacted the price of Bitcoin. However, traders need to be careful as the last ten days in September are known to favor the bears. According to the Carson Group, the S&P 500 Index (SPX) has been positive on average only for two days between Sep. 20 and 30 since 1950.
Could Bitcoin and select altcoins extend their recovery further or will bears pull the price lower? Let’s analyze the charts to find out.
S&P 500 Index price analysis
The S&P 500 Index broke above the moving averages on Sep. 14 but the bulls could not keep up the momentum and clear the overhead hurdle at the downtrend line.
The crypto industry is far too focused on token prices, rather than figuring out how smart contracts can be used to solve real-world business problems, according to Google Cloud's Web3 lead.
In an interview with Cointelegraph, Google Cloud’s Head of Web3 James Tromans stressed the need to focus more on the business logic in the smart contract rather than the supply and demand dynamics of the token:
“What are the business problems that you want to get executed? When you're running a smart contract to execute some business logic to solve your business problem, you're using a token, but the token is not the thing, it’s the business problem that's the thing.”
“So I would like us to get away from all this talk about tokens and token speculation as if that is Web3 — that is not Web3,” Tromans added.
One of Google Cloud’s main blockchain services is its Blockchain Node Engine, offering users a self-hosted node to access blockchain data, conduct transactions, build smart contracts and run decentralized applications.
Cryptocurrency users frequently fall prey to online hacks with Mark Cuban being just the latest high-profile example how nearly a million dollars can leave your digital wallet.
It is possible to substantially bolster the security of your funds by heeding three simple guidelines that will be outlined in this article. But before delving into these, it's crucial to understand the type of threat that exists today.
FBI has clear evidence on the Lazarus Group
The Lazarus Group is a North Korean state-sponsored hacking group, known for their sophisticated attacks linked to various cyberattacks and cybercriminal activities, including the WannaCry ransomware attack.
WannaCry disrupted critical services in numerous organizations, including healthcare institutions and government agencies by encrypting files on infected computers and demanding a ransom payment in Bitcoin (BTC).
One of its earliest crypto-related hacks was the breach of South Korean crypto exchange Yapizon (later rebranded to Youbit) in April 2017, resulting in the theft of 3,831 Bitcoin, worth over $4.5 million at the time.
After forming successive Doji candlestick patterns on the weekly chart for the past three weeks, Bitcoin (BTC) is on target to end the week on a positive note. This is an early sign that the uncertainty between the bulls and the bears is resolving to the upside.
Although the recovery is still in its early stages, the Federal Open Market Committee meeting on Sep. 20 could boost volatility. The majority of the market participants expect the Federal Reserve to maintain a status quo on rates but surprises could arise during Fed Chair Jerome Powell’s press conference following the rate decision.
Crypto market data daily view. Source: Coin360Bitcoin’s recovery from the strong support near $24,800 has ignited buying interest in select altcoins, which are providing trading opportunities. For these altcoins to continue their upward trajectory, Bitcoin needs to maintain above $26,500.
Could Bitcoin’s relief rally pick up momentum, triggering buying in select altcoins? Let’s study the charts of top-5 cryptocurrencies that are showing promise in the near term.
Bitcoin price analysis
Bitcoin rose above the 20-day exponential moving average ($26,303) on Sep. 14, indicating that the selling pressure is reducing. Since then, the bulls thwarted several attempts by the bears to yank the price back below the 20-day EMA.
