BNB Chain, a blockchain network created by crypto exchange Binance, identified over 50 on-chain projects that pose a significant risk to the users. A mix of crypto spin-offs resembling Dogecoin (DOGE) and Binance and others dedicated to pandas, cyborgs and koalas made the list as untrustworthy and high-risk projects. BNB Chain’s Red Alarm feature, which was implemented to protect investors…
Watch This Episode On YouTube Or Rumble Listen To The Episode Here: In this episode of “Bitcoin, Explained,” hosts Aaron van Wirdum and Sjors Provoost go back to Bitcoin basics. They explain one of the most fundamental building blocks in all of Bitcoin: hash functions. To start the episode off, van Wirdum and Provoost explain that hash functions are a…
Following the sanctions placed by the United States on USD Coin (USDC) and Ethereum (ETH) addresses associated with the crypto mixer Tornado Cash (TORN), the signatories of the projects’ multi-signature community fund disbanded. In 2021, the Tornado Cash community created a fund to provide incentives to key contributors to the project. The fund was held in a community-managed multi-signature wallet…
This is an opinion editorial by Margarita Groisman, a technology engineer invested in the power of Bitcoin to help people around the world. Source Many remember the intensity and incredible spirit of the people of Hong Kong during the 2019 protests that went viral all over our screens. Thousands of everyday citizens took to the streets to protest Chinese use…
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The list of not-so-stable stablecoins has a new addition, as Polkadot-based decentralized finance (DeFi) platform Acala saw its aUSD stablecoin crash by 99% after hackers exploited a bug in its liquidity pool. The stablecoin lost its dollar peg and plunged to as low as $0.009 in the early hours of Monday morning, according to data from CoinGecko. Different price-tracking sites…
Cryptocurrency exchange Zipmex has gotten a chance to sort out liquidity issues as a court in Singapore has granted the firm with more than three months of creditor protection. Singapore’s High Court has ruled to give each of the five Zipmex entities a moratorium until Dec. 2, 2022 to come up with a restructuring plan, Bloomberg reported on Monday. The…
An Ethereum (ETH) whale wallet that participated in the Genesis Initial Coin Offering (ICO) and obtained about $150,000 in 2014 was activated again on Aug. 14 after three years of dormancy. The whale address transferred 145,000 ETH to multiple wallets as Ether price surged to a new 3-month high of over $2,000. The transfers were made in a batch of…
Popular privacy coin Monero completed a hard fork introducing new privacy and security features over the weekend. The non-contentious hard fork, completed at block 2,688,888, was first announced by developers in April this year. Initially planned for July, it was subsequently delayed to August 13. One of the main changes introduced with the fork is an increase in Monero’s ring…
The city of Buenos Aires will deploy a number of Ethereum validator nodes in 2023. The statements were made by Diego Fernandez, secretary of Innovation and Digital Transformation of the city, who clarified this deployment will pursue exploratory and regulatory purposes and will help the city to develop regulations for cryptocurrencies. Buenos Aires to Deploy Ethereum Validator Nodes …
