A blockchain consensus mechanism is a type of automated system that aims to accomplish two objectives: Provide a distributed, leaderless community of network validators that can efficiently and unanimously agree on new and existing data on the blockchain ledger. Make sure all network validators follow the rules of the protocol and perform their roles honestly. While it may be tempting…
On Feb. 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that investors are showing a strong interest in digital asset investment products, with inflows totaling $76 million last week, marking the fourth consecutive week of inflows. The report indicates a change in investor sentiment for the start of 2023, with year-to-date inflows now…
gm: Kristin Smith and the Crypto Crusade in Washington Kristin Smith is Executive Director of the Blockchain Association, which advocates for crypto policy in Washington D.C.—an exhausting effort that Sam Bankman-Fried was closely involved in, until he set it all on fire. Kristin tells Dan Roberts and Stacy Elliott how SBF and FTX set things back, but there are still…
First proposed in November 2021, Aave’s latest upgrade is finally here. Launched earlier this month, V3 of the DeFi lending protocol has already raked in more than $143 million across the first seven assets listed. Though the asset list is far shorter than the previous iteration, the project’s founder and CEO Stani Kulechov says this upgrade is all about managing…
Shiba inu has been relatively stable to start the week, as prices remained close to recent highs, despite Monday’s market sell-off. Cryptocurrencies were mostly lower in today’s session, as markets continued to react to historically low U.S. unemployment figures. Avalanche was down in today’s session, nearing a one-week low. Shiba Inu (SHIB) Monday saw shiba inu (SHIB) continue to trade…
Bitcoin (BTC) stayed motionless at the Feb. 6 Wall Street open as analysis showed an “interesting dynamic” in play on BTC price charts. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin: Golden cross meets death cross Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ignored the start of U.S. equities trading to stay near $22,800. The pair…
FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators Joe Manchin and Tina Smith, have already pledged the funds to charity. It is uncertain…
Members of the Uniswap community voted in favor of deploying Uniswap v3 on Boba Network’s layer-2 protocol on Ethereum. Gaining over 51 million votes, the proposal submitted by Boba Foundation and FranklinDAO to deploy Uniswap v3 in Boba Network passed. This means that the Boba Network will be the sixth chain to deploy Uniswap v3, with the deployment scheduled to…
Peddling crypto products in the UK? You’ll soon need authorization for that, says the country’s financial regulator. In a new statement from the Financial Conduct Authority (FCA), firms that do not follow one of the four mandated routes for promoting cryptocurrencies could face criminal punishment “by up to two years imprisonment.” Under the new rules, which still need approval from…
Science fiction’s sub-genre, known as cyberpunk, imagines a dystopian future in which advanced technology has overtaken society and divided it into classes for the haves and the have-nots. The genre frequently examines virtual reality, hacking, artificial intelligence and how technology affects people. Cyberpunk is distinguished by its emphasis on a future society in which governments and corporations have amassed enormous…
