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Horizen price, market cap on Coin360 heatmap

Horizen(ZEN)

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$16.5292
(-12.52%)
0.00077809 BTC
Market Cap (Rank#156)
$210,379,512
9,903 BTC
Vol 24h
$9,133,321
429.942 BTC
Circulating Supply
12,727,762.50
Max Supply
21,000,000
3h agocryptodaily
US Extradites Russian On Money-Laundering Charges
The Russian national, who was extradited from the Netherlands, has been accused of money laundering in the Ryuk ransomware case. Russian Accused Pleads Not Guilty 29-year-old Denis Mihaqloviv Dubnikov has been extradited by the U.S. Department of Justice for his association with the Ryuk ransomware exploits, where the attackers allegedly laundered ransom payments extracted from the victims. The Russian citizen, who was in Amsterdam where Dutch police arrested him on U.S. charges of conspiracy to launder money, has been extradited to Portland, Oregon, where he appeared in federal court for the trial that will start this October. Dubnikov has pleaded not guilty to all the charges and was granted temporary release on conditions of monitoring of computer activity. According to the DoJ’s statement, a guilty conviction would earn Dubnikov a sentence of maximum 20 years behind bars. More On Ryuk Ransomware Attack The Justice Department also detailed the modus operandi followed by Dubnikov and his co-conspirators. According to them, the malicious actors would allegedly engage in various financial transactions, including international ones, to hide the nature, source, location, ownership, and control of the funds received. The hackers use Ryuk ransomware software to infiltrate private servers, encrypt files, and damage system backups unless the victims pay them the ransom amount in Bitcoin to a specific wallet address. The allegations claimed that the entire conspiracy resulted in money laundering of over $70 million in ransom proceeds, with Dubnikov allegedly laundering more than $400,000 of them. Ransomware attacks have been one of the major cybersecurity threats that have plagued the Biden administration, with the North Korean hacker group Lazarus being the chief mastermind behind most of these in 2021. U.S. Tightens Crypto Sanctions Due to the magnitude of the case, multiple agencies are working on it. It is under investigation by the FBI’s Portland Field Office, and the Office of International Affairs coordinated with the Ransomware and Digital Extortion Task Force to facilitate the extradition. The U.S. government and its associated bodies are coming down hard on any hint of malpractice in the crypto industry. Most recently, the U.S. Treasury Department issued a ban on the crypto mixer tool, Tornado Cash, for its role in aiding Lazarus in siphoning off millions of dollars from U.S. entities. A week ago, Dutch authorities even arrested an unidentified individual on charges of using Tornado Cash to hide financial transactions. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
10h agocryptopotato
Hodlnaut Confirms Interactions With Singapore Police, Job Cuts, Interest Rates Halts
With withdrawals already frozen, Hodlnaut indicates LEO involvement is the least of its troubles.
1 day agocryptodaily
Korean Police to Accept Cryptocurrencies For Traffic Fines
The South Korean police have just completed a successful trial program that allows it to take crypto from individuals to pay their traffic fines. Gunpo, a small city in the northwestern Gyeonggi province with a population of 275,000, has completed a pilot program that allows police to seize cryptocurrencies from the exchange accounts of persons with delinquent traffic fines. A report from news agency JoongBoo Ilbo, said that the program is a way to collect funds in a contactless way. So far, the program has proved very successful with the Gunpo police achieving an 88% collection rate on traffic fines totaling $668,000. The funds collected so far puts the city on track to exceed its goal of collecting $759,000 in fines by the end of the year. The news agency reported however that the amount generated in delinquent fines was around $759 in cryptocurrencies. According to the program, crypto seizures were not compulsory, unless an individual’s account balance could not cover the whole amount of the fine. Due to the success of the program, the amount collected this year has topped the total amount generated over the past three years. The report does not state which cryptocurrencies would be seized and sold to pay fines. Korea Cracks Down on Enforcement South Korea’s crypto market is burgeoning, growing to $45.9 billion in 2021. As the digital asset market continues to grow, the South Korean government is cracking down on its enforcement thereof. On Thursday, it was announced that the country’s anti-money laundering authority is acting against 16 foreign crypto exchanges that have operated without proper registration. The Korea Financial Intelligence Unit (KoFIU), part of the country’s Financial Services Commission announced that as many as 16 virtual asset providers have been offering services to its citizens without obtaining the necessary licenses. The KoFIU said that it notified the country’s investigative authority and requested that access to their websites be blocked. Credit card-based crypto purchases and transfers of digital assets to and from unregistered firms will also be blocked to disable their use in the domestic market. The unregistered exchanges include KuCoin, MEXC, Phemex, XT.com, Bitrue, ZB.com, Bitglobal, CoinW, CoinEX, AAX, ZoomEX, Poloniex, BTCEX, BTCC, DigiFinex, and Poloniex. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agozycrypto
South Korea’s AML Watchdog Goes After 16 Crypto Exchanges Operating Without Registration
South Korea’s anti-money laundering authority is taking action against over a dozen crypto exchanges from overseas that have been doing business in the country without proper registration.
1 day agocryptodaily
Canada heavy-handed overreach continues with crypto restrictions
On the heels of imposing the emergency act on their own citizens, the Ontario Securities Commission has now restricted the purchase of cryptocurrencies, explaining the move as being able to better “protect crypto investors”. Canada sees changes From what was once seen as a genteel, benign, and easy-going country, Canada has arguably become a much more restrictive state over just the last several months. A media blackout prevented the coverage of events in Ottawa as peacefully protesting truckers were violently arrested and many sympathisers had their bank accounts seized or crypto wallets blacklisted if they sent any funds to the cause. Invoking the Emergencies Act which allowed the police to go beyond what was normal, was seen by many as severe government overreach. Exchange explains restrictions Now, Canada-based cryptocurrency exchanges Bitbuy and Newton have been forced to set a $30,000 annual buy limit for customers on most cryptocurrencies in order to comply with regulations imposed by the Ontario Securities Commission (OSC). Newton put out a post detailing the new regulatory changes, and which also sought to explain why the new measures were being imposed. “These changes are to protect crypto investors, like yourself, and to make sure investors are aware of the risks associated with investing in crypto assets.” Puzzling omittances from restrictions The new restrictions have not been imposed across the board, and Bitcoin, Ethereum, Litecoin, and Bitcoin Cash have been spared. Also, if the exchange client lives in BC, Manitoba, Alberta, or Quebec, the regulation does not apply at all. It might be said that not applying restrictions on Litecoin or Bitcoin Cash shows that the OSC is rather a long way behind in understanding how the cryptocurrency market has changed over the last few years, given that both are outside of the top 20 cryptos ranked by market cap. That the Canadian regulatory watchdog probably couldn't be bothered to find out such a simple fact says volumes about its lack of knowledge and eagerness to just suppress cryptocurrencies as quickly as possible, without even investigating which ones are most purchased outside of Bitcoin and Ethereum. CBDCs to prop up system The Canadian government is currently studying the viability of a central bank digital currency (CBDC). However, this could lead to a complete loss of financial freedom and privacy for its citizens. Regulators around the world are likely to continue to attempt to shackle and suppress cryptocurrencies, all the while citing the ‘scams’ and the ‘risks’ to investors and the monetary system as a whole. However, the house of cards that currently is the fiat debt-backed monetary system, is teetering on the brink of collapse. Whether this happens within a year or 3 nobody knows, but the chances of this happening are certainly high. Cryptocurrencies certainly have their issues, but a decentralised world where citizens can be their own bank and pay whoever they want is vastly preferable to the ball and chain that comes with a CBDC. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocryptodaily
Colombia Launches Digital Currency Initiative
The government of Colombia has released a statement confirming its plans for a digital currency. The initiative will be developed in partnership with the country's central bank and will be based on blockchain technology. The move joins Colombia with the group of Latin American nations such as El Salvador and Venezuela, which have both formally adopted blockchain technologies to their respective economies. According to the Colombian government's tax authority, the initiative was made in order to curb tax evasion, which has been prevalent in the country, with estimates of between 6 to 8% of the country's GDP accounting for the losses due to it. The country's tax authority also claimed that such a system, set with the blockchain-based technology for open ledgers, would enhance the country's system for tracking and tracing transactions made by its citizens. While the intention is questionable with regards to privacy, the benefits of digitizing a country's currency, as is the case with other central bank digital currencies (CBDCs), is with the economic security that it can possibly provide. CBDCs may act as intermediary assets to help a national economy recover from losses due to inflation and the global economic decline that we are currently in. The current proposal, however, stands with some caveats: it will also be implemented alongside tighter restrictions for fiat-based transactions that go above $2,400 (roughly 10 million Colombian pesos). Earlier in February this year, the Colombian tax authority (Colombian Tax and Customs National Authority, or DIAN) began taking measures against crypto transactions, tightening its grip on taxpayers by tracking individuals who have been using crypto assets but failed to report such activities to them. A similar pronouncement was made in April, with the Colombian tax authority issuing a warning that taxpayers who purposely evade taxes by using crypto will be held accountable under the law. At around the same time as these disclosures from the DIAN, Hernando Vargas, technical deputy governor at the central bank of Colombia, also revealed plans which considered the impact of a retail CBDC for the country. Vargas says that cash will still be the preferred payment instrument in Colombia, specificially for low-cost transactions or point of sale purchases. However, Vargas also opines that crypto and stablecoins pose potential threats to the country's economic stability. "A line of defense against a widespread use of cryptocurrencies and stablecoins is weaker in Colombia than in other jurisdictions and the discussion about the adoption of a retail CBDC becomes particularly interesting," Vargas shares. On the same note, Luis Carlos Reyes, head of the DIAN, says that all "elements" that are considered as assets in the law should be declared, be it bonds, stocks, or crypto. This also means that crypto mining must also be properly accounted for, given how the tax authority classifies these operations as income-generating activities. This latest move from the Colombian government is seen as one of the initiatives led by Gustavo Petro, the country's newly-elected president who started his service on the first week of August. President Petro has been known as a support of Bitcoin, sharing his belief in decentralization and how blockchain technology could diffuse power from the government and give it back to the people. "Virtual currency is pure information, and therefore energy," shares the head of state. It's not a surprise, then, that this latest digital currency initiative is tied with the Colombian government's recent pronouncements. If you can't beat it, perhaps coopt it? Only time will tell if this digital currency initiative will be a success. But for now, it's an interesting development to keep an eye on, especially given Colombia's recent crypto crackdowns. To date, the digital currency initiative is still in its proposal stage, with no further details disclosed on exactly how it will be implemented, or how it's supposed to work alongside the country's fiat currency. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocoindesk
US Extradites Alleged Crypto Money Launderer From Netherlands
Mihaqloviv Dubnikov, 29, a Russian citizen, made an initial appearance in a federal court in Portland, Oregon, Wednesday, and his five-day jury trial is scheduled to begin on Oct. 4. If convicted, Dubnikov faces a maximum sentence of 20 years in prison.
2 days agocryptodaily
Watr And Parity Establish Digital Commons For Ethical Commodities
If there is anything to take away from the past few years, it is how the commodities industry needs to change. Resource companies still post record profits all the while markets suffer from unparalleled volatility. Moreover, consumers pay an arm and a leg for the resources they need, making life much harder than it needs to be. Supply chain shortages, inflationary concerns, and other aspects illustrate the inefficiency of the current market system. These issues are not new, although they have become glaringly obvious to many more people suddenly. Environmental, Social, and Governance (ESG) concerns from financiers and resource buyers have created an uneasy situation that requires change. The solution is simple: ensure suppliers and consumers have the adequate tools to distinguish between good and bad in pricing and uptake. That is the missing link to establishing responsible supply chains and ensuring they are economically viable. Watr Foundation Council President Maryam Ayati adds: "The opportunity to create new classes of ethical commodities and traded supply chains is tremendous. We are thrilled to have the legendary team at Parity join us and our existing partners in enabling commodities' transition to Web3 business models and liquidity while safeguarding the security and decentralized ethos of a public blockchain servicing both retail and regulated institutional users." What Watr does is establish a blockchain protocol and decentralized application ecosystem for ethical commodities, their financing and trade. The public protocol is a new opportunity for builders, developers, teams, and digital ventures, with a strong focus on retail and enterprise use cases. The initial applications will focus on helping the citizens of Watr's home soil in Africa. Moreover, Watr secured a partnership with Parity Technologies to develop this long-term vision further. Forging Key Partnerships While Watr is the first-of-its-kind collaboration between industry giants, commodities, and web 3 pioneers, new partnerships will be forged. For example, the strategic collaboration with Parity Technologies illustrates the importance of working together for the greater good. Through the partnership, Watr's protocol will be co-developed by Parity Technologies, as will its key application. In addition, the teams will conduct joint R&D on the intricacies required to service the commodities industry at large. Watr will leverage Polkadot's community and decentralized security to a parachain. Moreover, the protocol is fully EVM-compatible, which will enable future cross-chain compatibility with other networks. Several applications for this new protocol are in development, including identity/KYC solutions and tokenizing/exchanging ethical commodity supply chains, including carbon credits. Facilitating that exchanging and tokenizing are curated liquidity pools focused on ethical commodities. For now, the majority of that liquidity is sourced across Africa, as there is no shortage of ethical commodities. Essentially, the processes culminate in on-chain trading of premium ethical commodities created by their producers and sourced by the right audience of buyers and financiers. Driving such a steep change in the commodities industry will take time. The Watr protocol and its application layer are in development, but they are one part of the equation. The other part revolves around transforming the commodities world through open dialog and engagement. Everyone needs to see the benefits this new idea brings to the table and how it helps global entrepreneurs to innovate and build novel applications. High-value ventures can then take those tools and grow them further, all under the banner of ethical commodities and bettering our planet. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
5 days agocryptodaily
Fracture Labs Launches DIO Staking Pool
Fracture Labs, a blockchain-based videogame company, has announced new developments following a successful $4.3 million funding round last November that saw support from companies such as Alameda Research, Mechanism Capital, VLaunch, Spartan, Gains Associates, Interstellar Ventures, Master Ventures, Huobi Ventures, Polygon, Spark Digital Capital, Metavest Capital, Titans Ventures, Germ Capital, FA Forward Analytics, and many more. The company is focused on creating multiplayer games that are compatible with PC, console and mobile. Its most prominent project thus far has been the popular ‘Decimated’ game, which is being designed with a web3 layer using Solana. The game, which is set in a post-apocalyptic world that has fallen to ruin due to an environmental crisis, is a 3rd person RPG metaverse with cyberpunk inspiration. Players can choose either PvP or PvE mode and have to salvage resources, battle against authoritarian police and survive the hellscape that Earth has become. With these universally-loved themes and amazing in-game visuals, Decimated has proven to be popular with fans and critics alike. Famously, Decimated won the Best Blockchain Game award at the Crypto Games Conference in 2019, and more awards in recent years. It’s trailer was featured on the IGN YouTube channel, which is one of the most influential in the gaming sector. Within a few days, it had racked up over 80,000 views on the IGN channel and over 85,000 on the main Fracture Labs channel, bringing its total view count to over 165,000 views With this latest funding round, even more development can be made to the game, with the Fracture Labs team revealing that it will be leveraging UnrealEngine 5 for this. This comes just after Decimated received the EpicMegaGrant from Unreal Engine to further its efforts. On the team end, Fracture Labs announced an expansion, with its team growing to over 47 members. This team is at the helm of the Decimated community, which is over 140,000 followers strong and more than 20,000 in their discord community. DIO, the native token of the Decimated universe, has also seen significant progress recently. It is already listed on several exchanges such as Raydium, Gate.io or Huobi but has even more listings on the way. The DIO staking pool went live on 27th July 2022 following the claim portal launch. This portal is the vesting portal specifically created for Vlaunch winners and investors and is where they can manually claim their DIO tokens. The NFT Marketplace is due to launch in the run-up to the game launch, which will include in-game vehicles, weapons, apartments, and shops that players can leverage within the game. In the future, Decimated will be opening as a platform for user-generated content, giving content creators and modders the ability to sell their own vehicles, weapons, apartment and character customizations as NFTs. Conclusions If you are interested and want to jump in early, you can: Buy DIO on Raydium, Gate.io, Huobi or Coinmarketcap exchanges Join their engaged discord community. Start following the content on their social media. Wait for the official launch. About Fracture Labs Fracture Labs is a blockchain-focused videogame company that is dedicated to creating multiplayer games for a number of different mediums. The team behind Fracture Labs has been involved in the production of many top games including Playerunknowns Battlegrounds, Cyberpunk 2077, Injustice 2, Sniper 3 Ghost Warrior, Star Citizen, Batman Arkham Origins, Evolve, and many others. Media Contact: Name: CEO Stephen ArnoldEmail: [email protected]: EstoniaWebsite: www.decimated.net Twitter:twitter.com/decimated_game Discord: Decimated Official (discord.com) Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
5 days agonulltx
Top 3 Metaverse Crypto Coins Below $0.001 to Watch in August 2022
Metaverse crypto coins remain some of the most popular niche cryptocurrencies on the market. There are dozens of Metaverse and NFT projects available, and despite the eight-month-long bear market, these projects continue to build their ecosystems and innovate. Today we look at NullTX’s pick of the top three Metaverse crypto coins with a unit price […] The post Top 3 Metaverse Crypto Coins Below $0.001 to Watch in August 2022 appeared first on NullTX.
6 days agocryptodaily
Indian Authorities Freeze Vauld’s Assets Worth $46M
The Indian Enforcement Directorate (ED) has frozen the crypto and bank assets of troubled crypto lender Vauld, to the tune of INR 370 crore ($46 million). The crypto firm halted withdrawals and deposits in July. The ED, a law enforcement and economic intelligence agency of the Indian government, announced on August 12 that it conducted searches at the premises of Yellow Tune Technologies in Bangalore and issued a directive to freeze its bank balances, payment gateway balances, and the crypto balances of Flipvolt Technologies’ crypto exchange totaling $46 million. Flipvolt Technologies is the Indian registered arm of Singapore-headquartered Vauld. The authority explained that 370 crore rupees were deposited by 23 different entities into the INR wallets of Yellow Tune Technologies held by Flipvolt Technologies’ crypto exchange. The assets were “proceeds of crime derived from predatory lending practices,” according to the authority. It further stated, Yellow Tune by using the assistance of Flipvolt crypto exchange … assisted the accused fintech companies in avoiding regular banking channels, and managed to easily take out all the fraud money in the form of crypto assets. The ED is alleging that Flipvolt: Has very lax KYC [know-your-customer] norms, no EDD [enhanced due diligence] mechanism, no check on the source of funds of the depositor, no mechanism of raising STRs [suspicious transaction reports]. Flipvolt also failed to give the complete trail of crypto transactions made by Yellow Tune and was not able to provide any form of KYC of the opposite party wallets. The ED added that “by encouraging obscurity and having law AML [anti-money laundering] norms,” the exchange “has actively assisted Yellow Tune in laundering the proceeds of crime worth 370 crore rupees using cryptocurrencies.” It added, Therefore, equivalent movable assets to the extent of Rs 367.67 crore lying with Flipvolt crypto exchange in the form of bank and payment gateway balances worth Rs 164.4 crore and crypto assets lying in their pool accounts worth Rs 203.26 crore are frozen under PMLA, 2002, till complete fund trail is provided by the crypto exchange. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
6 days agocryptodaily
Binance Announces Seizure Of Assets Linked To Curve Finance Exploit
Binance has announced that it has seized assets worth around $450,000 that is linked to the Curve Finance exploit that occurred a few days prior. This is the second large-scale seizure of funds linked to the exploit, with Fixed Float seizing around $200,000 worth of assets that the hackers deposited. A Significant Chunk Of Funds Recovered Binance CEO took to Twitter to announce that the exchange had managed to freeze a significant chunk of the funds stolen from the Curve Finance exploit earlier in the week. Binance CEO Changpeng Zhao shared an update on Twitter about the seized funds, stating that the exchange seized around $450,000 worth of stolen assets deposited by the hacker. According to Zhao, the seized funds represent around 80% of the funds stolen from Curve Finance during the exploit. He further added that the exchange is working with law enforcement to ensure that the funds are returned. Curve is yet to comment on the recovery of the funds by Binance. “Binance froze/recovered (sic) $450k of the Curve stolen funds, representing 83%+ of the hack. We are working with [law enforcement] to return the funds to the users. The hacker kept on sending the funds to Binance in different ways, thinking we can’t catch it.” Second Seizure Related To Curve Exploit Binance’s seizure makes this the second seizure of assets linked to the Curve Finance exploit that took place earlier in the week. Previously, several reports emerged stating that Fixed Float, a Lightning Network-based exchange, had frozen $112 ETH (around $200,000) linked to the Curve exploit. The depositor had deposited the funds in the hope of laundering them and going scot-free with the exploit. As a result, the total funds recovered linked to the exploit have crossed $650,000. The Curve Finance Exploit Curve Finance had on Tuesday reported a significant breach in which the protocol’s front end was compromised thanks to a DNS attack, also known as cache poisoning. This allows the attacker to spoof the original webpage and trick users into entering their details into a malicious contract. When users interact with the contract and enter their information, hackers are able to drain their wallets. After the exploit, the hacker transferred a significant chunk of the stolen funds to Binance and Fixed Float, where the exchanges could freeze the funds. Curve had issued a warning to users after the exploit, stating, “What has happened strongly suggests to start moving to ENS instead of DNS.” The warning also suggested that ENS (Ethereum Name Service) could provide better security against front-end attacks. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
7 days agocoindesk
Indian Authorities Freeze Nearly $46M Assets of Troubled Crypto Lender Vauld: Report
Nearly $50 million worth has been frozen by authorities at the troubled crypto exchange, media reports say
7 days agocointelegraph
MakerDAO should 'seriously consider' depegging DAI from USD: Founder
In light of the recent Tornado Cash and frozen USDC addresses debacle, MakerDAO founder Rune Christensen is hoping to move DAI’s collateralization away from USDC.
8 days agocointelegraph
Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M
India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets.
8 days agocryptodaily
Hackless Pioneers B2B & B2C Security Tool for DeFi, Saving Nearly $500,000 for Clients
designed a comprehensive security platform which aims to protect the decentralized finance (DeFi) world from targeted exploits, as well as safely migrate funds from individual wallets and protocols under attack. Hackless works at the infrastructure level of EVM-compatible blockchains, uniting several elements from the blockchain ecosystem in order to strengthen a DeFi protocol’s security from the lowest levels of its ecosystem. The platform has three core services which it uses to help defend against exploits and recover funds: Watchdog – A mempool monitoring tool which tracks suspicious transactions. SafeMigrate (B2B) – The first-to-market service which ensures that funds can be successfully migrated from a paused DeFi protocol that is being attacked. Conductor (B2C) – A private mining provider that ensures the safe and undetectable migration of user's funds from compromised wallets. The Hackless team believes this type of active protection is critical to the future innovation in the DeFi space given the substantial increase in the value of assets being locked up in DeFi applications. Serhii Androsiuk, co-founder and CEO of Hackless, commented: “The daunting thing about DeFi right now is that the rising tide of recent security exploits seems to out-speed the adoption and development of DeFi as such. Seven of the ten largest crypto thefts from January 2021 to March 2022 involved DeFi protocols. Frequent brutal exploits of flash loan protocols, cross-chain bridges and individual crypto wallets stress the need for a powerful security tool which is capable of boosting industry’s security level right away. We envision Hackless as a comprehensive platform that offers solutions both for DeFi protocols and individual investors. When used by all types of DeFi players it will enhance the overall protection giving a boost to industry’s growth.” Hackless In Action Earlier this year, A.I. and blockchain-powered virtual assistant services platform VAIOT was subject to a brutal exploit. Attackers tried and succeeded to take ownership of several of the platform's operational wallets, containing its native currency VAI, which are critical for the functioning of its services. This resulted in the theft and freezing of several million VAI and tens of thousands worth of ETH and BNB, belonging to both their users and VAIOT itself. The Hackless team integrated with VAIOT, contributing their expertise to the effort to safely migrate the frozen assets from the contract owned by the attacker. Using a variety of techniques and tools utilized in the Hackless product itself, the team were able to successfully help VAIOT recover $400,000 in frozen assets, whilst ensuring both the techniques and their employment remained undetected to the attacker. This successful case study was followed in quick succession by other examples of Hackless in action. The first involved a user who had their private keys stolen (a theft all too common in the crypto space) following a phishing attack. The attacker then monitored the wallet, draining all funds as soon as they appeared, leaving the user unable to access their NFTs worth ~$4,000. In this case, Hackless was able to deploy two key features of its product, the Conductor and SafeMigrate. The team were able to retrieve all the user’s NFTs to an uncompromised wallet without the attacker being aware. The second was a similar case, only the amount stolen was significantly higher at $87,000. Deploying the same features, Hackless was able to recover this amount quickly, proving again not only that there is demand for this service, but that their tools work. Consequently, both the Conductor and SafeMigrate form part of Hackless’ core offering, which is now available to the public. Securing the Future of DeFi with Hackless Hackless has demonstrated its DeFi security pedigree in the wild. Its mission to provide a robust security layer between Ethereum and its many DeFi protocols, is inspired and facilitated by the experience of its Ukraine-based team. Co-Founders Serhii Androsiuk and Pavel Radchuk have extensive experience in the blockchain space, with both having worked with various DeFi and NFT projects since 2017. Androsiuk is also a veteran of the banking sector, lending his expertise in growing projects to scale to the Hackless team. This year has seen the beginning of the architectural design for its modular platform, as well as production-ready services. The roadmap this year still has a number of exciting developments to come, including its staking program (Q3 2022), V1 Conductor (Q3 2022) and V1 SafeMigrate (Q4 2022). Combined with partnerships with leading DeFi projects such as Blaize and Zokyo, Hackless is well positioned to deliver a much needed security solution for the DeFi space. To read more about Hackless and its pioneering solution to protect DeFi assets, visit their website here. Follow Hackless on Twitter Join the Hackless community on Telegram Connect with Hackless on LinkedIn Read the Hackless blog on Medium Media Contact Details Contact Name: Nataliia Maslennykova Contact Email: [email protected] Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
8 days agocointelegraph
Good news for Bitcoin: New CPI data suggests inflation has peaked | Find out now on Market Talks with Tim Warren and Caleb Franzen
The CPI numbers are out and they might hold a bullish signal for Bitcoin (BTC). Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Caleb Franzen.
8 days agocryptodaily
Criminal Investigation Results In Service Suspension At Hotbit
The trading platform Hotbit Crypto Exchange has suspended services after being subpoenaed in conjunction with a criminal investigation into a former employee. Ex-Employee’s Alleged Illegal Activities As a part of the ongoing criminal investigation, law enforcement agents have frozen certain funds of the firm, forcing Hotbit to suspend crypto trading, deposits, and withdrawals. The firm released a statement on the matter, which said, “We regret to inform you that Hotbit will have to suspend trading, deposit, withdrawal and funding functions, the exact time of resumption cannot be determined at the moment.” The statement also shed some light on the former employee who is being investigated due to their involvement in an external matter in 2021 that the company claims to have no inkling of. The employee, who left the company in April 2022, is suspected of violating criminal laws in this external project. As a result, several senior managers have been subpoenaed and are cooperating with law enforcement in the investigation. The team vehemently denied having any connection or knowledge of the alleged illegal activity on the part of the management as well as the other employees of the firm. User Assets And Fund Management In addition to the subpoenas, several funds have also been frozen as a part of the investigation, preventing the exchange from conducting business per usual, which is why they have had to suspend services. The statement from the Hotbit team also revealed that they have been applying for the release of the frozen assets and will be resuming services once they are unfrozen. The team also reassured users that all their funds and data on the platform were still secure and untampered. As a result of the trading suspension, all unfulfilled orders will be canceled. Furthermore, all leveraged exchange-traded fund (ETF) positions will also be forcibly liquidated as per their values at 12:00 UTC on August 10. Income from users’ investment products is going to be distributed normally. The team also promised to announce a compensation plan for users once the platform resumes operation. Previous Service Suspension This is not the first time the Hotbit crypto exchange has had to suspend operations. Back in April 2021, the Hong Kong-based exchange fell victim to a cyberattack that compromised its user database. Following the attack, the platform had to temporarily shut down to recover from the damages of the hack. The team embarked on a plan to rebuild all of its 200+ servers to impose stricter security measures involving the accurate reconstruction of all user data. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
13 days agocryptopotato
Binance CEO Clears the Air on Involvement With Frozen Exchange WazirX
Binance’s CEO and WazirX’s founder are giving mixed information about who owns the embattled exchange.
14 days agocointelegraph
Voyager received better buy-out offers than FTX’s, set to return $270M to customers
The crypto lender will be allowed to return a portion of customer funds locked up at the Metropolitan Commercial Bank which have been frozen until now.
17 days agonulltx
NOAA Scientist, Dr. Tracy Fanara, Chooses USM.world to Develop Its Actions in the Metaverse
USM.world (Native Token: Radio Caca, $RACA) announced their researched trend conclusion that the crypto market continues to innovate, develop, and build more capabilities gradually, despite the current state of the crypto market. Therefore, Citizens of USM.world have many reasons to celebrate in 2022. Dr. Tracy Fanara, the SpaceX Moon Travel Mission finalist, has joined RACA […] The post NOAA Scientist, Dr. Tracy Fanara, Chooses USM.world to Develop Its Actions in the Metaverse appeared first on NullTX.
17 days agonulltx
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USM.world (Native Token: Radio Caca, $RACA) announced their researched trend conclusion that the crypto market continues to innovate, develop, and build more capabilities gradually, despite the current state of the crypto market. Therefore, Citizens of USM.world have many reasons to celebrate in 2022. Dr. Tracy Fanara, the SpaceX Moon Travel Mission finalist, has joined RACA […] The post NASA Scientist, Dr. Tracy Fanara, Chooses USM.world to Develop Its Actions in the Metaverse appeared first on NullTX.
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With crypto markets performing well last week, Metaverse crypto coins remain some of the most popular niche tokens for traders and investors looking to make a long-term commitment to projects that provide genuine utility to the markets. There are dozens of Metaverse crypto coins that come with various market caps and unit prices and are […] The post Top 3 Metaverse Blockchains with Tokens Below $0.2 to Watch in July 2022 appeared first on NullTX.
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OKX Cryptocurrency Exchange Review (2022)
There are dozens of centralized and decentralized exchanges on the market, each offering unique advantages and disadvantages regarding its platforms. Today we will look at OKX, a highly popular centralized crypto exchange offering a high selection of digital assets and relatively low trading fees on its global platform. We will provide an unbiased, non-affiliated review […] The post OKX Cryptocurrency Exchange Review (2022) appeared first on NullTX.

About Horizen

The live price of Horizen (ZEN) today is 16.5292 USD, and with the current circulating supply of Horizen at 12,727,762.50 ZEN, its market capitalization stands at 210,379,512 USD. In the last 24 hours ZEN price has moved -1.1432 USD or -0.06% while 7,244,841 USD worth of ZEN has been traded on various exchanges. The current valuation of ZEN puts it at #156 in cryptocurrency rankings based on market capitalization.

Learn more about the Horizen blockchain network and how it works or follow the price of its native cryptocurrency ZEN and the broader market with our unique COIN360 cryptocurrency heatmap.

ZenCash aims to be a secure and useful privacy coin, offering users zero-knowledge proof shielded transactions over an end-to-end encrypted network provided by compensated secure nodes. The project launched as a fork of Zcash technology using zk-SNARKs, but is building out in a direction focusing on usability, grassroots community involvement, and a self-funding treasury model that compensates stakeholders for continued network improvements and growth.


Horizen Price16.5292 USD
Market Rank#156
Market Cap210,379,512 USD
24h Volume9,133,321 USD
Circulating Supply12,727,762.50 ZEN
Max Supply21,000,000 ZEN
Yesterday's Market Cap227,980,690 USD
Yesterday's Open / Close19.0602 USD / 17.917 USD
Yesterday's High / Low19.3328 USD / 17.917 USD
Yesterday's Change
-0.06% ( 1.1432 USD )
Yesterday's Volume7,244,840.50 USD
Mining Info
Hashing algorithmEquihash
Pools (known)18
Pools Hashrate1.67 GSol/s
Network Hashrate1.78 GSol/s
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