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New Crypto Aims to Solve ‘Zimbabwe’s Money Problems Using Blockchain Technology’
21.9.2021
The Zimbabwean currency’s collapse in 2008 and record hyperinflation are widely seen as textbook examples of what can go wrong with a centralized currency. For instance, some cryptocurrency enthusiasts — as well as opponents of the fiat currency system in general — have...
Video optimization for the web simplified with ImageKit
21.9.2021
Learn how you can resize and optimize video assets using ImageKit's URL-based video APIs.
The post Video optimization for the web simplified with ImageKit appeared first on Codrops
Remittances to Africa Set to Drop by 5.4 % to $41 Billion — Covid-19 Pandemic and High Sending Costs Blamed
21.9.2021
According to findings from the Continental Migration Report 2021, remittances to African countries are projected to decrease from the $44 billion recorded in 2020 to $41 billion. The Covid Effect As expected, the Covid-19 pandemic is identified as one of the main causes of the decline. However...
Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain
21.9.2021
Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to exploit a bug in its codebase to take control of the stolen bitcoin. The bridging contracts...
Biggest Bank in Venezuela Suffers 5 Day Outage After Hack Attempt
21.9.2021
The Bank of Venezuela, one of the biggest state banks in the country, is now experiencing an outage that has left its customers without services for five days. The bank published a PR statement stating this was the result of a “terrorist attack” on the national financial system, being...
OpenSea To Expand Beyond Ethereum, Eyes 'Broadening' of Marketplace – CEO
21.9.2021
Speaking at crypto research firm Messari’s Mainnet 2021 event in New York City on Monday, the CEO stated that expansion to other blockchains is a priority for the NFT marketplace going forward. The existing integrations with
Fed’s Powell Scrutinized for Owning Bonds of the Same Type the Central Bank Bought During Pandemic
21.9.2021
As a number of Federal Reserve presidents have been criticized for their 2020 stock moves, Fed chairman Jerome Powell has been cast into the limelight for owning $1.5 million municipal bonds like the ones the U.S. central bank purchased in 2020 during the pandemic. All Eyes Are On Jerome...
Own NFT Land in ERTHA Metaverse and Generate Lifetime Revenue
21.9.2021
ERTHA metaverse is Heroes of Might and Magic game-type inspired economic and social life built on a binance smart chain to explore and investigate the world by choosing specializations and increasing the strength of your NFT and country. Ertha’s globe consists of 350,000 HEX land plots...
60 Cryptocurrency Exchanges in South Korea to Shut Down All or Some Services This Week
21.9.2021
The deadline for cryptocurrency exchanges and wallet operators to comply with the new regulatory requirements to stay open in South Korea is this week. So far, only one crypto exchange has been licensed to continue operations. About 60 crypto exchanges are expected to either shut down or reduce...
Turkey Is ‘at War’ With Cryptocurrency, Says President Erdogan
21.9.2021
Turkish President Recep Tayyip Erdoğan has clarified the government’s stance on cryptocurrencies, stating that the country is at war with crypto. He emphasized that Turkey will continue with its own currency. A War and a Struggle Against Cryptocurrency Turkish President Recep Tayyip...
Korean Province Seizes Cryptocurrencies From 1,661 Investors for Unpaid Fines
21.9.2021
A South Korean province has seized cryptocurrencies worth over $5 million from 1,661 investors who were more than $12 million in arrears on their fines in total. The seizure followed an investigation of nearly 30,000 companies and individuals as well as their cryptocurrency holdings at four...
Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians
20.9.2021
On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real...
Bitcoin.com Wallet Adds ERC-20 Tokens
20.9.2021
The Bitcoin.com Team is excited to announce the integration of ERC-20 tokens into the Bitcoin.com Wallet. That means anyone can now buy, sell, receive, store, trade, and send ERC-20 tokens with the convenience and security of the industry’s most user-friendly non-custodial wallet. ERC-20...
Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling
20.9.2021
Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to 11-year lows and many analysts and economists are concerned about a possible credit...
Crypto Investor Sues Apple Over Malicious App That Stole Cryptocurrencies
20.9.2021
A crypto investor has filed a class-action lawsuit against Apple Inc. after she downloaded a malicious application from the company’s App Store that led to the theft of her cryptocurrencies. Apple Sued Over Theft of Cryptocurrency Due to Malicious App Hadona Diep, a resident of the U.S....
El Salvador Buys More Bitcoin — Country Now Holds 700 BTC
20.9.2021
El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has purchased more bitcoin. The Salvadoran government now holds 700 coins, according to President Nayib Bukele. El Salvador Buys the Dip El Salvador’s president, Nayib Bukele, announced early Monday morning...
The Ascent Devs Dish On The Messy Launch For 2021’s Best Sci-Fi RPG
20.9.2021
The Ascent is a modern game dev bingo card. First, it debuted at a splashy publisher event. Then, it was announced with a coveted November release date (and as a next-gen launch title, no less); then it was delayed. It was of course hyped as a day-one Game Pass title; and eventually, launched...
Crypto Market Values Nosedive Amid Global Market Meltdown, Widening Default Risks
20.9.2021
Crypto markets have dropped a great deal in value over the last 24 hours as crypto assets across the board have lost anywhere between 7-15% in value during this time period. The overall market valuation of all 10,000+ crypto-assets in existence has slid just below the $2 trillion handle, losing...
Spellfire: NFT That You Can Actually Touch
20.9.2021
In recent months NFT or as it coded, non-fungible tokens became a hot topic that everyone is talking about. NFT is a valuable model of digital ownership from which you could make money. If you have paper money or money in your bank accounts, you can buy, rent, sell, invest and be an active player...
Largest NFT Market by Volume Opensea Launches Smartphone Application
20.9.2021
On September 17, the largest non-fungible token (NFT) marketplace in terms of volume, Opensea, announced the launch of the platform’s mobile application. Opensea marketplace users can now access a wide variety of NFT collections on their smartphones by downloading the application from...