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The TONcoin record and the sneaky ex: top crypto and Web3 news for December 21

Tanja Nechet

News editor

Dec 21, 2022 at 07:10

A new year is approaching, and the picture of the crypto market is changing little by little. New names are appearing in the news more and more often. Not all topics where they appear are positive. If you’re wondering what’s going on and where, we’ve collected all the highlights of the day in our traditional selection.

The phone number for $770,000

Telegram messenger now allows users to sign up without a SIM card. It uses anonymous numbers that are sold on its own blockchain platform, Fragment, for TONcoin (TON) tokens to sign up. A top lot in the form of a number with seven identical digits 8 was purchased for 300,000 TON, the equivalent of $770,000. This is a record for the Fragment platform for selling numbers. 

By the way, we wrote more about TONcoin here.

Never trust an ex

DeFi Protocol Ankr claims a former employee caused a $5 million hack. The company is working with law enforcement to find the attacker.

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The former employee inserted a package of malicious code to conduct a chain of custody attack, allowing the company to make 6 quadrillion aBNBc tokens. The attacker then converted those tokens to Binance Coin (BNB) before sending it all to Tornado Cash. In the end, the attacker managed to exchange BNB tokens for 5 million USDC stablecoins.

Another crypto miner’s fall

Core Scientific, one of the largest publicly traded cryptocurrency mining companies in the United States, is filing for Chapter 11 bankruptcy protection in the U.S. state of Texas. It was reported by CNBC.

Circles on the Waves

Sasha Ivanov, the founder of the decentralized blockchain Waves, asked cryptocurrency exchanges to deactivate the futures markets tied to Waves’ native token, WAVES. 

Over the past two weeks, the WAVES token has fallen more than 40% and is now nearly 98% below its all-time high.

Paxful crypto platform threw away ETH

Peer-to-peer cryptocurrency marketplace Paxful has removed ETH, says its CEO, Ray Youssef. Paxful cited Ethereum’s move to Proof-of-Stake (PoS), perceived centralization, and the ability to mine tokens as reasons.

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