Coinbase Exchange Announces Support for Ethereum 2.0 Coins
The American cryptocurrency exchange Coinbase announced that it would launch trading in Ethereum 2.0 Coins, the launch of the zero phase of which is scheduled for December 1.
Coinbase management intends to fully support the staking and trading of Ethereum 2.0 Coins. Exchange customers will be able to convert ETH into ETH2 using their account and receive a reward for stealing. Although ETH2 will be locked in the Beacon Chain, the exchange will provide trading opportunities for ETH2, ETH and other supported digital assets, giving customers liquidity. These features will be available early next year.
The main task of Ethereum 2.0 is to increase the scalability of the blockchain and reduce the cost of transaction fees. Previously, the trading platform independently covered the associated costs of users. However, a few months ago, Coinbase Pro announced that it would stop paying trader fees for transactions on the Ethereum network due to rising gas costs. Coinbase management added that the launch of the update will be an important stage in the history of the development of the Ethereum, which will open up new opportunities for the cryptocurrency community.
Recall that last week on the deposit contract Ethereum 2.0 appeared a sufficient number of coins needed to launch stealing. To date, the contract has already blocked 873,057 ETH. Recall that a few days ago, the Coinbase exchange announced the disconnection of the margin trading service due to regulatory requirements and a change in the form of tax reporting for American customers. The infrastructure of Advantech, which develops and produces chips for the Internet of Things (IoT), has been attacked by the Conti encryption virus. Hackers are demanding a ransom of 750 BTC.
Advantech occupies a leading position in the IoT industry, and the company’s revenue for the 2019 year amounted to $1.9 billion. Therefore, hackers demanded a ransom of 750 BTC ($14.5 million) for data decryption. The attackers emphasized that before encrypting the files, all information was copied to the hacker servers.
The hack of the company took place on November 21. Hackers emphasized that if the ransom is not paid, then they will begin to publish the internal information of Advantech. On November 27, a 3.03 GB archive appeared on the attacker’s website, in which, according to hackers, 2% of the copied data was uploaded.
Recall that the Conti virus was first seen “in the wild” in December 2019, but the peak of infections with this encoder occurred in July 2020. Conti is based on the code of the famous Ryuk virus. Interestingly, when encrypting files, Conti starts 32 threads at once to speed up the process.
