Day: October 31, 2021

Inside the blockchain developer’s mind: What is a testnet?

Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve and outlined three of the “crises” that are holding back blockchain adoption: upgradeability, scalability, and governance. Blockchain testnets are an interesting subject because they come in all shapes and sizes. So, in this post, my goal is to leverage my…

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Dog-Themed DeFi Project Mysteriously Loses Fundraised $60 Million

A DeFi project that launched on Thursday had raised $60 million overnight during its token sale. However, the funds seem to have disappeared, and no one is sure exactly how. On Friday, investors woke up to the shocking news that their funds had disappeared. Around 13,556.36 ETH, which was worth $60 million at the time, was drained from AnubisDAO’s liquidity pool. Related Reading | DeFi Hack: Vee Finance Losses $35 Million To Hackers Following Mainnet Launch The project, AnubisDAO, was promoted as a fork of OlympusDAO — a cryptocurrency backed by…

Celebrating the Seminal Bitcoin White Paper Satoshi Nakamoto Published 13 Years Ago Today – Featured Bitcoin News

All around the world cryptocurrency supporters and proponents of blockchain technology are celebrating the 13th anniversary of the Bitcoin white paper. The summary of the inventor’s creation was published on metzdowd.com’s Cryptography Mailing List on Halloween 2008, as it gave birth to an asset with a market valuation of over $1 trillion and sparked the creation of over 10,000+ cryptocurrencies that followed Satoshi Nakamoto’s innovative design. Introducing the Proof-of-Work Chain: A Solution to the Byzantine Generals Problem 13 years ago at approximately 2:10 p.m. (EDT), Satoshi Nakamoto published the Bitcoin…

IOTA Introduces New Smart Contracts To Circumvent The Network Flaws

The use of smart contracts remains the key turnaround factor with the cryptocurrency space. Smart contracts brought about the decentralization of digital assets and eliminated third-party interferences in crypto transactions. Distributed ledger and open-source cryptocurrency, IOTA, has just launched a new smart contract beta. This latest move offers its users a platform for getting high-speed and zero-fee transactions. IOTA emerged within the 2017 ICO boom. The digital asset came to support the Internet of Things that harmonizes physical items into the internet and digital world. Nevertheless, the cryptocurrency floated to…

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Will Halloween NFTs be hauntingly good or too spooky for crypto?

Halloween is traditionally known for costumes, candy and trick or treating, but this year, the holiday is transitioning to the virtual world as the metaverse unfolds. As such, nonfungible tokens, or NFTs, are being created to showcase Halloween themes in hopes of attracting collectors looking for themed drops.  Although Halloween-inspired NFTs appear to be a new concept, NFT artist Etsploit told Cointelegraph that Halloween holds a certain cultural importance that can’t be dismissed: “I think people will collect NFTs for Halloween similar to that of NFT limited editions or releases…

The Bias That Propels Shiba Inu and Dogecoin

Retail traders test out the experience of buying, holding and selling a small amount of cryptocurrency on new platforms by placing different types of orders and seeing how they get filled – or not. While holding $100 worth of bitcoin can be bought just the same, if not more easily, than $100 of dogecoin or shiba inu, it may take newbies a little bit of time to wrap their heads around that concept. What’s more, their experience with wild swings in meme coins will prime them for the volatile, though…

NEW MINING JOB In Wobbly Life!

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