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The charges authorised against the three bittorrent versions listmen are conspiracy to murder, attempted murder, causing grievous bodily harm and use and possession of a chemical weapon.Chepiga and Mishkin appeared on Russian TV after being identified in 2018 and said they had been to the city simply as tourists to see the cathedral. Russia has always denied any involvement.
Traces of Novichok were found in Chepiga and Mishkin's hotel room, although none were found in that used by Sergeev.The Novichok in the perfume bottle could potentially have killed thousands of people, police say.But there remain significant gaps in the investigation, including how the Novichok came into the UK and where it was between its use in March and its discovery in June in Amesbury in a discarded perfume bottle.Dawn Sturgess died days after spraying some of the bottle's contents on herself.The police are asking the public to get in touch if they have any more details of Sergeev's movements in London or that of the perfume bottle.
Sergeev, aged around 50, is believed to be in Russia, like the other two suspects. Russia has always said it cannot extradite its citizens.The UK authorities will inform Interpol to seek his arrest if he does travel outside of the country.Hard-coded into MiamiCoin’s protocol is the requirement that 30% of all coins mined are routed to a digital wallet designated for the city. Those funds will be earmarked for spending on projects such as projects to mitigate the risks of climate change, funding initiatives for underprivileged communities, and investing in crypto education for tech entrepreneurs.
Fox Business estimated last week that roughly $2,500 worth of Stacks (STX) at its then-value of $1.50 were being transferred into the city's wallet every 10 minutes. In an interview with Fox on Sept. 20, Mayor Suarez confirmed the ballpark figure, stating that mining proceeds generated over $2,000 every 10 minutes and "over 5 million USD over the last 30 days".In voting to accept the funds raised since August, the Miami City Commission did not vote to spend them–yet. Instead, it accepted the USD equivalent of the proceeds and will hold them in reserve for future municipal spending. Conversion into fiat currency ensures that the city does not custody cryptocurrency directly. In his Fox interview, Suarez said of the initiative:“It’s interesting because it’s not an involuntary tax, it’s not philanthropy, it’s something that is completely different and could revolutionize the way governments are funded in the future.”He added, “It’s theoretically possible that the city could generate enough taxes through MiamiCoin so that our residents don’t have to pay one cent in tax.”Other metrics appear to indicate that Miami has been attracting more tech job postings over the summer, according to data shared by Antonio Delgado, the Vice President of Innovation and Technology Partnerships at Miami Dade College:
In line with Mayor Suarez’s numerous pro-crypto initiatives, a Miami-Dade County commissioner backed a resolution this spring aiming to allow residents to use cryptocurrencies like Bitcoin to pay local taxes. The mayor had proposed an official resolution that would see Bitcoin become an acceptable payment instrument in various parts of the city's administration in February. The commission agreed to study the proposal's feasibility, rather than to take immediate steps to implement it.Decentralized finance (DeFi) platform Vee Finance reported $35 million losses in the latest exploit, just a few days after launching the mainnet on the Avalanche network.
After pausing services due to suspicious activity on Sept. 20, Vee Finance confirmed that its platform was under an attack resulting in a loss of 8,804 Ether (ETH) and around 214 Bitcoin (BTC). The total amount is worth more than $35 million at the time of writing.According to the official incident announcement, the suspected attacker has collected stolen assets on one address after exploiting the VEE Finance trade contract address. In order to prevent further losses, the VEE Finance team suspended the platform’s contracts alongside deposits and borrow function.Vee Finance did not elaborate on the specifics and possible causes behind the latest exploit at the time of publication. “The VEE team is actively working to further clarify the incident and will continue to try to contact the attacker to recover the assets. We are taking and handling this incident seriously and will do our best to protect the interests of VEE Finance users,” the announcement noted.Vee Finance is a DeFi lending platform focused on supporting multiple mining mechanisms including liquidity mining, transaction mining, and leveraged mining. The platform officially launched its mainnet on Avalanche on Sept. 14 alongside a liquidity mining launch. After integrating Chainlink price feeds as an oracle network solution, Vee Finance broke $300 million in total value locked on its platform on Sept. 19.
Related: Latest DeFi hack targeting BSC sees $12.7M in Bitcoin stolen from pNetworkThe latest incident comes amid the increasing number of exploits targeting the Avalanche, a DeFi-focused blockchain protocol launched in September 2020. Last week, the Avalanche-based DeFi application Zabu Finance was reportedly exploited for $3.2 million, causing the value of Zabu tokens plummet to zero.Avalanche’s native token, AVAX, has been hitting new all-time highs recently, with its price surpassing $75 on Sept. 18, according to data from CoinMarketCap. At the time of writing, AVAX is trading at $61.79, down about 3% over the past 24 hours, but still up around 12% over the past seven days.Bitcoin miner are accumulating as the network hash rate continues to recover according to on-chain analytics provider Glassnode.
In its Sept. 20 Week on Chain report, glassnode has stated that miner BTC balances are increasing, with wallets associated with miners having stockpiled 14,000 BTC worth roughly $600 million over the past six and a half months.The report also noted that the bull markets of 2020 and 2021 have seen miners hold onto a larger portion of their rewards than in previous market cycles. Miners usually sell BTC to cover their expenses including electricity bills and hardware.
The trend of miner accumulation continued as the Bitcoin network’s hash rate recovered this past quarter.Amid speculation regarding a wholesale Chinese miner exodus, Glasnnode reported that Bitcoin’s hashing power had slumped 51% to a local low of 90 Exahashes in late June according to Glassnode.
Network hashing power has recovered 52% from to tag 137 Exahashes according to a seven-day moving average. Hash rate recovery indicates that most mining operations have now relocated and are up and running again.However, Bitcoin hash rate is currently sitting 34% below its all-time high of 184 Exahashes from May.Related: Four North American Bitcoin miners that could benefit from the East-West shiftDespite the expanding mining treasuries and hash rate recovery, shares in publicly traded mining firms have pulled back as the broader financial markets retrace amid fears that Chinese property giant Evergrande may soon default on its loans.Riot Blockchain, which has been spending big on building a new data center in Texas and expanding its hashing capacity this year, has suffered a 2.4% slide in the price of its stock since the start of trading Sept. 20.Competitors Marathon and Hive Blockchain are both down by a more modest 1.5% since Monday morning, while shares in Hut 8 stocks have fallen by 5.4% over the same period - rounding off the performance for each of the “Big Four” North American mining firms.
However, mining stocks have outperformed Bitcoin for the week so far, with BTC tumbling more than 10% to trade at $42,730 at the time of writing, according to CoinGecko.Retail-trading platform Robinhood is reportedly testing a long-awaited digital wallet feature that enables users to send and receive crypto-assets such as Bitcoin (BTC).
Bloomberg reported the rumor on Sept. 21, with the publication claiming to have seen screenshots of a withdrawal interface in a beta version of the wallet feature in Robinhood’s IOS app.While details are sparse, Bloomberg also claims to have seen a waitlist where users will be able to sign up for the new digital asset wallet. “The app also has code referring to cryptocurrency transfers,” the report added.
Robinhood users are currently only able to buy crypto with US dollars and trade digital assets on the platform, as the app does not support crypto deposits and withdrawals.Robinhood’s crypto traders have long badgered the company to introduce deposit and withdrawal functionality for digital assets, with the calls having grown this year as fiery-eyed Dogecoin fanatics converged on the platform.
In an Aug. 19 quarterly earnings call, Robinhood CEO Vlad Tenev announced that the firm was finally exploring introducing a crypto wallet."I know there's been a ton of enthusiasm from the crypto community and the Dogecoin community in particular in getting access to wallets," Tenev stated, emphasizing the firm’s excitement to launch the new feature.Robinhood first launched Bitcoin and Ethereum trading services in 2018 for customers in five U.S. states. Robinhood has since expanded its altcoin support and currently allows traders based in all but four U.S. states to access its crypto features.Crypto services have become a significant part of Robinhood’s revenue in 2021, with its Q2 report showing that around 41% of its $565 million revenue was from crypto trading. By contrast, the firm generated $5 million from crypto trading for the entirety of 2020.
Earlier this month, the firm expanded its crypto offerings by launching a recurring crypto investment feature allowing users to dollar cost average (DCA) into crypto positions.Robinhood is not alone in looking to expand its support for crypto, with an increasing number of mainstream firms announcing moves to enable digital asset payments.
Cointelegraph reported on Sept. 16 that AMC Entertainment plans to accept movie ticket payments in Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) by 2022. The company already announced plans to support Bitcoin payments in August.On Sept. 15 software giant Adobe also announced that merchants using its Adobe Commerce product will be able to accept cryptocurrency payments via Paypal from the fourth quarter of this year.
DELIVERED EVERY MONDAYRecent dialogue between MakerDAO developers and the office of anti-crypto Senator Elizabeth Warren’s has revealed a concerning lack of familiarity with the current decentralized finance (DeFi) ecosystem.
On Sept. 20, a screenshot began circulating on social media appearing to show dialogue between members of the MakerDAO community discussing the conclusions from a recent meeting between representatives of the project and the office of Senator Warren.In the screenshot, pseudonymous MakerDAO Governance delegate “PaperImperium” claims to have spent much of the time convincing Warren that Maker is not the same project as The DAO — an infamous early experiment in decentralized autonomy organizations (DAOs) that suffered a major hack before failing in 2016.MakerDAO is currently sixth-largest DeFi protocol commanding a total value locked of more than $8.2 billion, according to DeFi Llama.Despite the confusion, the delegate also concluded that the Senator is “not super interested in us,” adding that they “have a commitment for another meeting” that is expected to take place within roughly three weeks.
While the screenshots shared to social media claim appear to be citing Senator Warren directly, a Sept. 17 thread posted to MakerDAO’s governance forum indicates the project’s delegates would be meeting with Warren's “economic and banking advisors.”The meeting comes after increasing efforts from MakerDAO to promote initiatives establishing dialogue between the crypto industry and lawmakers.
Elizabeth Warren has recently become a pariah to the crypto industry, labeling crypto as "the new shadow bank" and a "lousy investment" in recent months.Earlier this month she suggested it would be “worth considering” prohibiting U.S. banks from holding the reserves to back private stablecoins in a move that could “effectively end the surging market.”
Related: Sen. Warren goes after Ethereum network fees in committee hearingThe DAO was one of the first major projects on Ethereum, launched in 2016 after raising $150 million USD worth of ETH through a token sale. The DAO was hacked due to code vulnerabilities and $60 million in ETH was stolen less than 3 months after it launched.