February 10, 2022

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February 10, 2022

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Least Authority Discloses Security Risks in Atomic Wallet

February 10, 2022

Least Authority was first hired to examine Atomic’s system design as well as its corresponding core, desktop and mobile coded implementations in early 2021. That report, delivered to Atomic in April, concluded that there were vulnerabilities and insufficiencies that put users at “significant risk.” Source

Binance invests $200M in Forbes to boost consumer knowledge on Bitcoin

February 10, 2022 boss

Binance, the world’s largest cryptocurrency exchange by trading volumes, is making a strategic investment in the 104-year old magazine Forbes to improve consumer understanding of cryptocurrencies and blockchain. Forbes and Magnum Opus Acquisition Limited, a publicly-traded special purpose acquisition company (SPAC), officially announced Thursday securing a $200 million strategic investment from Binance. Forbes previously announced plans to go public through a business combination with Magnum Opus in August 2021, with the deal expected to close in Q1 of 2022. Binance’s strategic investment will be through Binance’s assumption of subscription agreements…

Crypto patent-sharing marks a step in democratizing knowledge ownership

February 10, 2022 boss

One of the hallmarks of the crypto industry since its inception has been its commitment to open source development as well as its transparency-centric ethos. This is best made evident by the fact that many prominent projects operating within the digital asset sector and decentralized finance (DeFi) arena today have essentially been derived from other prominent projects such as Bitcoin Cash, SushiSwap and many others. In this regard, the Crypto Open Patent Alliance (COPA), a group that promotes the advancement of cryptocurrency-enabled technologies by removing patents as a barrier to…

Cardano (ADA) Price Touches $1.20 Aims To Regain Previous Losses

February 10, 2022

Cardano (ADA) appears to be bullish. However, the uptrend seems to experience a limitation as there are possibilities of several obstructions in its way. Thus, traders need to be cautious around the ADA coin and its forthcoming rally. What is Cardano? Cardano is a PoS (Proof of Stake) blockchain that is open-source and distributed. Cardano implements peer-to-peer transactions using its native token, ADA. The crypto project was developed in 2015 and released in 2017 by the former Co-Founder of Ethereum, Charles Hoskinson. Related Reading | South African Man Loses $900,000 Worth…

Custom NFT Marketplace Creaticles Bolsters Advisory Board Ahead of Multi-Chain Expansion – Press release Bitcoin News

February 10, 2022 boss

press release PRESS RELEASE. Boston, 10 February 2022 – Creaticles, the world’s first NFT Requests Marketplace, has today announced new signature additions to its Advisory Board, Jeff Jiho Zirlin, Co-Founder of Axie Infinity; Sébastien Borget, COO and Co-founder of Sandbox; Joe Zhou – Co-Founder and CEO of FirstBlood; Juergen Hoebarth, seasoned blockchain consultant and Founder of NFT.Art; and Kenny Li – MIT Sloan graduate and cofounder of Manta Network. The new Advisors join Creaticles as the platform gears up for its multi-chain expansion in the coming weeks. Creaticles is the…

Algorand Foundation Appoints JPMorgan, Nasdaq Alum Staci Warden as CEO

February 10, 2022

Prior to Algorand she was an executive director at JPMorgan, running multilateral institution relationships in Europe, Africa, Russia and central Asia, according to her Linkedin profile. She has also worked at Nasdaq, where she oversaw the development of the exchange’s listed trading platform for microcap companies, the BBX. Source

To Understand Bitcoin, We Need to Understand What Money Is

February 10, 2022 boss

Money does not need to increase in quantity to be effective; it needs to have five critical traits – divisibility, scarcity, portability, recognizability and durability. Gold was money for thousands of years, and an ounce of gold in Roman times bought a tailored tunic, in the 1970s a fitted suit and today a broad array of fine custom suits. Gold, while having scarcity, durability and recognizability, fails miserably at being divisible and portable. Gold receipts and fiat currency solved this issue and allowed global trade to expand. Original

The Top ‘Ethereum Killers’ Compared

February 10, 2022

So-called “Ethereum killers” are building momentum, including a growing share of the NFT market. Here’s a closer look at four of Ethereum’s top competitors. Source

US Inflation Hits New 4-Decade High of 7.5% in January

February 10, 2022

The biggest driver for overall inflation continued to be used-car prices, with an increase of 40.5% in January from a year ago and 1.5% higher than in December. Food prices surged 0.9% month-over-month, adding up to a 7% increase year-over-year, the highest since 1981. Energy costs advanced 0.9% in January. Source