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Lightning Network Developer Warns About Major Vulnerability, Abandons Security Tasks
23.10.2023
Antoine Riard, a Lightning Network (LN) developer, recently disclosed a major vulnerability affecting Bitcoin’s scaling layer. This vulnerability, which was addressed with a series of mitigations, involves a “new transaction-relay jamming attack” that can affect shared funds...
Centralized Mining Pools ‘Antithetical to the Ideals That Gave Rise to BTC and the Blockchain Movement’ — Tomer Afek
22.10.2023
The apparent centralization in both proof-of-work and proof-of-stake protocols is “tragic because it’s antithetical to the cypherpunk ideals” that birthed the the bitcoin and blockchain movement, Tomer Afek, the CEO at the crypto platform Spacemesh, has argued. To back this assertion...
Roblox to End Remote Work Policies; Metaverse and Digital Workspaces ‘Still Not There’
21.10.2023
Roblox, a metaverse gaming company, has recently announced the end of its remote work policies, calling all but a few workers to work from its headquarters in San Mateo, California. Roblox founder and CEO David Baszucki stated that the metaverse and digital workspaces were still not...
Lightning Labs Wants to 'Bitcoinize the Dollar' with Stablecoins – How Does it Work?
20.10.2023
Lightning Labs, one of the major firms responsible for developing Bitcoin’s lightning network, has released the mainnet alpha of its long-awaited “Taproot Assets” protocol on Wednesday, allowing stablecoins and other tokens to functionally trade on Bitcoin.
In its Wednesday announcement, the firm...
Report: Valr Partnership With Visa to Expand the Reach of the South African Crypto Exchange
18.10.2023
The South African crypto exchange Valr said its partnership with the global card firm Visa is set to expand the former’s reach. The two companies said they would work on a solution that enables Valr customers to use the card firm’s network to make or receive payments. Harnessing Visa’s...
SBF and Caroline Ellison conspired to keep Bitcoin under $20K, but did it work?
16.10.2023
SBF, Caroline Ellision, Alameda and FTX may have conspired to keep Bitcoin price below $20,000, but is it actually possible and worth the effort?
Shiba Inu Price Prediction as SHIB Continues to Decrease in Value – Can 'Buying the Dip' Strategy Work?
13.10.2023
The price of Shiba Inu (SHIB) has remained basically flat in the past 24 hours, rising by a modest 0.3% to $0.00000683.
This contrasts with a crypto market that has dipped very slightly, although SHIB is down by 5% in a week and by 6% in a month, with the meme token also having fallen by 15.5%...
Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project
9.10.2023
The company completed a restructuring in the wake of its decision to exit services related to its MEV-Boost Relay, a type of software used by Ethereum network validators
Leading Hardware Wallet Maker Ledger to Lay Off 12% of Work Force – When Will the Crypto Winter End?
5.10.2023
Crypto hardware wallet maker Ledger is laying off 12% of its workforce, reported Bloomberg on Thursday.
Ledger is the crypto industry’s leading maker of so-called hardware wallets – physical devices the provide the secure storage of an individual’s private keys, the password needed for them...
What is the CryptoNight mining algorithm, and how does it work?
4.10.2023
Blockchain technology relies on mining algorithms, such as CryptoNight, to regulate cryptocurrency projects. Find out here what CryptoNight is and how it works
Sam Bankman-Fried's Deal with Tom Brady: $55 Million for 20 Hours of Work
3.10.2023
Sam Bankman-Fried had agreed to pay sports icon Tom Brady $55 million for just 20 hours of his time annually over a span of three years.
Despite Bankman-Fried's reported lack of interest in sports, he entered into lucrative partnerships with Brady and his then-wife Gisele Bündchen, appointing them...
EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm
28.9.2023
The bloc’s executive arm is commissioning a $842K study as it considers what to do about energy-hungry proof-of-work technology
Binance’s Work Culture Explained
22.9.2023
Game rooms, unlimited food buffets, massage chairs and all those gimmicks were so 2010’s. Sure, it has been fun for a while, but soon enough, we started seeing more and more reports and news articles about how these incentives don’t accomplish their goal. No matter how many fancy perks there...
Meet The Early Lies Of P Mini-Boss That’s Terrifying Players
21.9.2023
Lies of P, the punishing Soulslike about Pinocchio looking for his dad Geppetto, has plenty of tough enemies waiting to meet you. They’re all terrifying, ranging from a poison-imbued slug beast to a dude who literally thinks he’s God, but there’s one mini-boss who sucks so much I can’t wait to meet...
Grayscale officially abandons post-Merge PoW Ethereum tokens
20.9.2023
One year after the Ethereum Merge, Grayscale has finally taken a decision to abandon all the rights to proof-of-work Ethereum tokens
Deciphering the Differences Between Proof-of-Stake and Proof-of-Work
17.9.2023
As cryptocurrencies continue to evolve, two key consensus mechanisms have emerged for validating transactions on the blockchain: proof-of-work (PoW) and proof-of-stake (PoS). This explainer will examine how these protocols differ and the unique benefits and drawbacks of each. Consensus Mechanisms...
Ethereum Hard Fork Coin ETHW Down More Than 95% Since The Merge
13.9.2023
Nearly a year after Chandler Guo — the instigator of the Ethereum blockchain’s last hard fork — predicted its rise, the native coin of the breakaway Ethereum proof-of-work blockchain has plummeted by more than 95%. Ethereumpow (ETHW) now trades at a price less than 1% of...
What Are Smart Contracts? Unpacking Today’s Digital Agreements
10.9.2023
In the digital currency realm, smart contracts have enhanced the financial industry through tokenization, decentralized finance (defi) and other agreements in the form of self-executing code. But how exactly do they work? What benefits do they offer? Here’s a concise overview of smart...
What is quantitative easing, and how does it work?
9.9.2023
Quantitative easing is a monetary policy tool where a central bank purchases financial assets to increase the money supply and stimulate economic activity
E3 More Dead Than Ever As Organizers Work On 'Complete Reinvention' Of The Gaming Showcase
7.9.2023
The Entertainment Software Association (ESA), which controls E3, and ReedPop, which organizes events like PAX, announced they’re no longer working together after failing to put on the biggest gaming showcase of the year back in June. The once-annual, once-dominant trade event hasn’t been held...