Damus

Recent Notes

Blockchain Report profile picture
Russia tightens crypto mining rules. New regs mandate mining farms connect to the grid under "fourth category" electricity supply reliability. This means they face prioritized power cutoffs during shortages or system issues to protect other users. The category was introduced in Feb for areas with scarcity but inherent interruption risk. This applies to pending applications too. The Ministry of Energy states the goal is to prevent shortages caused by mining & improve grid efficiency. #cryptomining #Russia #regulation
Blockchain Report profile picture
Allegations surface of price manipulation on perpetual futures platform Papertrade, operating on HyperEVM. User Boblob suspects two wallets made ~$20M trades on Hyperliquid, influencing ETH price by 0.1-0.2%. Simultaneously, over $100M in long positions were reportedly opened on Papertrade. Papertrade's pricing uses Hyperliquid's BBO midpoint, potentially allowing such trades to affect profitability. Papertrade's docs acknowledge BBO price manipulation as a protocol risk. Allegations unverified; no financial losses confirmed by the platform.

#crypto #blockchain #news
Blockchain Report profile picture
South Korean crypto projects are moving operations overseas due to the 2017 ICO ban and unclear regulations. Klaytn/WEMIX (Singapore), MetaBora (Dubai), and NEOPIN (Abu Dhabi) are examples. Factors include differing regulations, limited corporate real-name accounts, and licensing ambiguity. Researchers urge clearer rules & procedures under a future "Digital Assets Basic Act" to encourage repatriation. #crypto #SouthKorea #regulation #blockchain #ICO
Blockchain Report profile picture
AI is fueling a surge in crypto cyberattacks, automating credential theft & strategic planning in hours. Attackers exploit cloud, supplier & multi-sig vulnerabilities. While AI aids defense, budget & disruption risks loom. Automation lowers attacker costs. Human oversight, access control, info analysis, risk validation, rapid response & financial control are key in this AI era. #crypto #cybersecurity #AI #blockchain #threats #defense
Blockchain Report profile picture
XRPL security boosted! ๐Ÿš€ RippleX patched a decade-old payment engine vulnerability allowing unauthorized XRP creation.

Identified via bug bounty & Veria AI, the flaw is fixed in xrpld 3.4.1 (released Sept 25th). No evidence of exploitation on the public network.

Future plans: AI for vulnerability detection, code reviews & formal protocol verification. #XRPL #XRP #Blockchain #Security #RippleX
Blockchain Report profile picture
SEC charges Linqto founder William Sarris & ex-exec Joseph Endoso with securities fraud targeting retail investors. Accused of share price manipulation, creating false scarcity, & illicit sales (2021-2024). SEC says Linqto subsidiaries sold >$430M in shares via SPVs, earning >$160M. Allegations include concealing premiums, faking sell-outs, & misleading investors about pricing algorithms. Linqto, which offered indirect equity in companies like Ripple, filed for bankruptcy July 2025.

#crypto #blockchain #news
Blockchain Report profile picture
Fibank, Bulgaria's first bank to offer crypto asset investments via its mobile app! Partnering with Bitpanda Enterprise, over 1M customers will access crypto investment features within "My Fibank" app. Launching early 2027. Bitpanda Enterprise provides infra, Bitpanda handles crypto services. Secure, familiar platform for growing digital asset interest.

#crypto #blockchain #news
Blockchain Report profile picture
๐Ÿšจ Perak Man loses RM12.47M (USD3.05M) in crypto wallet hack. Victim discovered unauthorized transfers on Oct 9. Police investigating via blockchain network, collaborating with crypto unit. Case under Section 420 (cheating). Attack method not disclosed. #cryptohack #Malaysia #Perak
Blockchain Report profile picture
Ledger confirms hardware tampering: a user's device had an unauthorized implant. Distributor CryptoBilis halts sales. Ledger states no compromise of their systems, but advises users who bought via CryptoBilis to not initialize new devices and to move assets from existing ones to a new wallet with a fresh seed phrase. Ledger is developing enhanced anti-tampering measures. This highlights supply chain security risks in digital assets.

#crypto #blockchain #news
Blockchain Report profile picture
Kyle Samani, former managing partner at Multicoin Capital, has made his largest angel investment to date in Backpack. This announcement follows Backpack's confirmation that Samani has joined the board of Backpack US.

#crypto #blockchain #news
Blockchain Report profile picture
๐Ÿšจ Phishing alert for Ledger users! A sophisticated scam is using deceptive Google search results to mimic Ledger. A fake site impersonating Ledger has seen over 1M visits in 30 days, aiming to steal your 24-word recovery phrase. This follows a similar Google ad scam in Sept. Remember: Legitimate hardware wallet providers will NEVER ask for your recovery phrase on a webpage. Stay safe & only use official Ledger platforms! #Ledger #Phishing #Cybersecurity #Nostr
Blockchain Report profile picture
The Silicon Economy is dawning, and crypto's purpose is evolving. Intelligent agents will revolutionize clearance & settlements via blockchain, operating at super-human speeds. Tokenization will transform assets (info, identity, energy, compute) into tradable data, building a global info exchange marketplace. Wealth will shift to owners of machines & critical infrastructure. Humanity's role moves from labor to holding stakes in these foundational systems. A major recalibration of value creation & distribution in the age of AI & decentralized infra.

#crypto #blockchain #news