Blockchain analytics firm Flipside Crypto has launched an online Software Development Kit called ShroomDK, which is based on nonfungible tokens (NFTs) and provides an automated means to pull “comprehensive” blockchain data via software. Being NFT-based enables the SDK to be on-sold or upgraded more easily, according to the company. Co-founder Jim Myers said that the ability to query blockchain data from…
Month: June 2022
Lido Community Signals Intent to Keep Ethereum Staking Uncapped
Last week, Lido put forward a governance proposal to limit the amount of Ethereum that users can stake after facing criticism from the crypto community. “Who will be the first staking provider to publicly commit to limiting themselves to not operating more than 22% of validators on the chain?” tweeted Ethereum’s Beacon Chain community manager Superphiz. “Who do you want…
Bitcoin Lightning Network developer updates node software with Taproot support
Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta version of the Lightning Network Daemon (lnd) — a complete implementation of the LN node — with added support to the latest protocol upgrades including Taproot and Musig2 among other improvements. lnd is a software component that handles various aspects within the LN including managing a…
North Korea’s $400M Crypto Losses Could Hurt Its Nuclear Weapons Program: Report
North Korea’s stores of stolen crypto have plunged in value amid the wider market crash, potentially jeopardizing funding for its weapons programs, according to a report by Reuters. The country has been linked to numerous cyberattacks targeting crypto, including the $552m hack of play-to-earn game Axie Infinity’s Ronin bridge in March. In February, a leaked United Nations report suggested that…
British Virgin Islands court reportedly orders to liquidate 3AC
Troubled cryptocurrency venture capital firm Three Arrows Capital (3AC) is facing more uncertainty amid new reports on the company’s liquidation. A court in the British Virgin Islands on June 27 ordered the liquidation of Singapore-based 3AC, the British news agency Sky News reported on Wednesday. The information in the report refers to an unspecified person familiar with the matter. Three…
Bitcoin advocate criticized for backing wallet authentication project
Crypto Twitter has gone after Nic Carter, a prominent advocate of Bitcoin (BTC), for his involvement in Dynamic, a third-party wallet authentication project that could potentially prevent wallet transactions to be performed if a wallet is categorized as risky. In a tweet, Carter shared his excitement in backing the project, tweeting Dynamic’s announcement about a recently completed $7.5 million raise…
Russian Parliament Adopts Tax Rules for Digital Assets – Taxes Bitcoin News
Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes Law to Tax Crypto Transactions A bill amending the Tax Code of the Russian Federation to allow the authorities…
Alkemi Earn integration brings DeFi lending to 1.5M Ledger users
The Alkemi Earn app has been added to the hardware wallet Ledger’s Discover area, making decentralized finance (DeFi) lending and borrowing service accessible to Ledger’s 1.5 million active customers. According to a Tuesday announcement, users of Ledger Live can now earn yield on their assets with the Alkemi Earn integration. The goal of the Ledger project is to provide consumers with…
Crypto market crash wipes out millions from North Korea's stolen crypto funds
While North Korea leads the world in crypto crime, crypto analytic firms have estimated that DPRK hackers have found it increasingly difficult to launder stolen crypto funds. Source: https://cointelegraph.com/news/crypto-market-crash-wipes-out-millions-from-north-korea-s-stolen-crypto-funds
Cappasity to Launch the Solution for Creating NFT-Based Loyalty Programs – Press release Bitcoin News
press release PRESS RELEASE. SANTA CLARA, CA, June 29, 2022/ — Cappasity provides solutions for 3D digitizing of products for online stores and classifieds. Soon, the platform will offer an NFT service, allowing store owners to create a new communication and marketing channel with their customers. Cappasity users will get the opportunity to create NFTs based on uploaded 3D product…