It’s All About Crypto Blog
The Cocoon Network and the Silence Around It
The Cocoon network has been live for about a week now. It promises GPU owners the ability to earn TON by supplying computing power for AI workloads. I kept waiting for the first real feedback. But there is none. No comments from users who consume these services, and none from people who supposedly earn money by providing their GPUs. That leaves me with some...
Blockchains Abandoned by Their Developers
From time to time, users contact rabbit.io support with the same question: I want to swap BNB, but my address starts with bnb1... This means one thing: their funds are on the BNB Beacon Chain. Not long ago, this blockchain was the foundation of Binance's decentralized finance architecture. Today, it simply does not work. At all. New blocks can no...
If US Markets Go On-Chain, Which Chain Wins?
SEC Chair Paul Atkins has said that all US markets will move onto blockchain within the next two years. The obvious question is: which blockchain? US markets process an enormous number of transactions. If every single one of them requires paying an on-chain fee, that would create massive demand for whichever token is used to pay those fees. That...
Revolut France Has Blocked Top-Ups From Cards Issued in 53 Countries
Revolut France has notified its users that they can no longer top up their accounts with bank cards issued in 53 countries. The list oddly includes several jurisdictions where international payment cards aren’t issued at all (Russia, Syria, Iran, North Korea, Myanmar, etc.). It’s obvious that card transfers from these places are impossible in the first place. But the list...
How to Get Listed on BestChange
I often say that rabbit.io has the best exchange rates on the market - and now you can easily check that. Our exchange service rabbit.io is now listed on Bestchange.com. BestChange is the most trusted monitor of exchange services. It has been running for 18 years, but it lists only 465 exchangers, which means they select only the strongest ones. And now rabbit.io is one of...
Teaching Kids Crypto - Without Teaching Them Self-Custody?
Binance has launched a platform for children as young as six. Sounds unsettling, doesn’t it? Exchanges are places where even many adults have lost money. So is it really ethical to bring kids into this environment? According to Binance, trading isn’t available on kids’ accounts. Based on the promo video, children can only receive, store, and send crypto. Essentially, it functions as...
$4.6M in Bugs vs. $100M+ in Real Hacks: Why AI Isn’t Ready to Audit Web3
One of the major AI model developers, Anthropic, has published a report describing how its models scanned smart contracts for vulnerabilities - and uncovered issues that could have allowed attackers to steal around $4.6 million. That number sounds impressive at first. But remember my post from yesterday about the Yearn Finance smart-contract exploit? That single incident alone involved losses...
Yearn’s Hack Was Reversed. Now What?
Yearn Finance was hacked - and no one expected it. For years it has been seen as one of the benchmark protocols for yield farming. It stood at the frontline of the DeFi boom in 2020, and even today, according to Coingecko, its governance token remains the most expensive on the market. But history and reputation don’t guarantee invulnerability. The protocol...
Why CEX-Sourced Crypto Is Considered Clean
In crypto compliance there is an unspoken rule: if funds come from a large centralized exchange (CEX), they are treated as clean. AML services, such as Chainalysis, Crystal, or AMLBot, usually mark such transactions in green and assign them a low risk score. However, this logic looks counterintuitive once you start following the news of the last few years. The...
Ripple Builds RLUSD - Ethereum Gets the Supply
According to DeFiLlama, the total supply of RLUSD stablecoins issued on Ethereum has surpassed 1 billion. At first glance, nothing unusual here: * RLUSD has been promoted exceptionally well, * and stablecoins in general are one of the strongest segments of the crypto market right now. Everyone uses them - even people who remain skeptical about everything else in this...
