Cryptocurrencies

A bug has been discovered in the Ledger Nano S hardware crypto wallet in the operation of software version 1.1.3 with the Monero 0.14 client, related to an incorrect address for the return of funds. This was reported by the developers of the Ledger Nano S cryptocurrency wallet, who asked device owners to refrain from using version 0.14 while the developers search for a solution.

On February 20, Binance launched testing of the Binance DEX decentralized trading platform on its own blockchain, whose token is Binance Coin (BNB) . This contributed to the growth of the Binance Coin cryptocurrency, and in just two days Binance Coin overtook two coins — TRON and Stellar, and now ranks eighth by market capitalization in the cryptocurrency rankings.

Programmer Warith Al Maawali has discovered a security breach in the Coinomi cryptocurrency wallet, as a result of which the Coinomi crypto wallet sends users' passphrases to the Google spell-check service in unencrypted form, thereby opening up access for scammers to private information and giving them the opportunity to take over users' funds. This breach in the wallet's security was discovered during the investigation of the mysterious theft of 90% of the programmer's funds.

On February 28, the Constantinople hard fork took place at block #7280000 on the network of the second-largest cryptocurrency by capitalization, Ethereum. Simultaneously with Constantinople, the St. Petersburg hard fork was activated on the Ethereum network. Its task is to disable the EIP-1283 protocol, in which problems with a Reentrancy-type vulnerability were discovered. It was precisely because of these that the upgrade was canceled in January.

Cryptocurrency exchange rates are characterized by extremely high volatility, and this sharply limits the use of cryptocurrencies outside a narrow area. Stablecoins, on the other hand, are directly pegged to the price of a certain asset, so they are not subject to excessive volatility and have very high investment appeal...