Hacking the Trezor wallet, Binance issues loans against NFT collateral: what’s new in the cryptocurrency market

Hacking the Trezor wallet, Binance issues loans against NFT collateral: what’s new in the cryptocurrency market

The main thing in the cryptocurrency market.

Photo: pixabay.com 0 Found a way to hack the Trezor wallet if you get physical access to it

The cybersecurity company Unciphered found a way to extract the seed phrase from the Trezor hardware crypto wallet.

The first person caught is unlikely to be able to repeat it, but the very possibility of hacking seems to be real.

Many long-time crypto security experts have recommended hardware wallets as a safer place to store assets than stock exchanges — especially after last year’s collapse of Sam Bankman-Fried’s FTX crypto exchange — but recent revelations show that the devices are also not considered reliable.

Florida Governor Ron DeSantis Announces Plans to Run for US President and Promises to Protect Bitcoin

Ron DeSantis, the current governor of Florida, officially announced his participation in the 2024 US presidential election and, in particular, promised to protect Bitcoin.

“As president, we will protect the ability to do things like bitcoin,” DeSantis said.

He added that there are risks associated with this, but people interested in cryptocurrency can make decisions.

The governor of Florida also hinted at the jurisdictional battle that the Securities and Exchange Commission is waging against cryptocurrencies.

Register and buy crypto! Binance has started issuing loans against NFT collateral

The NFT marketplace of the crypto exchange Binance has integrated the function of borrowing cryptocurrencies against the collateral of irreplaceable tokens.

Digital assets from the Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki and Doodles collections are currently available as collateral.

For the time being, only Ethereum can be obtained as an NFT pledge. In the future, Binance will expand the list of available collections and cryptocurrencies.

The current lending interest rate is 3.36% per annum. The ratio of borrowed funds to the value of tokens ranges from 40% to 60%. Ethereum will not be charged for gas.

The head of OpenAI, Sam Altman, raised $115 million to launch the Worldcoin cryptocurrency

Sam Altman, CEO of OpenAI, raised $115 million to launch cryptographic startup Worldcoin.

Among the participants in Altman’s crypto project, which aims to convince billions of people to scan their pupils to prove that they are not robots: a16z crypto, the venture capital arm of Coinbase, Khosla Ventures and Sam Bankman-Fried, the founder of the bankrupt crypto exchange FTX.

Currently in beta, Worldcoin is built on the basis of the decentralized World ID and the Worldcoin token. According to the company, about 2 million people have already participated in the project.

The capital will help accelerate the research, development and development of the Worldcoin project and the World App application, the first crypto-wallet for the Worldcoin ecosystem.

Coinbase has published a “road map” of its Base blockchain

The “road map” of the project called “Path to mainnet” has been published in the Base blog on Mirror. It sets out the criteria that must be met before launching the main client.

There are five such conditions in total:

  • Regolith hard fork in the Base testnete;
  • verification of the infrastructure by the OP Labs team, since the blockchain is based on the OP stack, which also uses Optimism;
  • successful upgrade of the client to the Bedrock version, which will allow to optimize the network and reduce commissions. The update is scheduled for June 6;
  • successful completion of external and internal audit without critical problems;
  • demonstrated the stability of the testnet with subsequent preparation for the release of the main network.

Source: Ministry of Finance

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