Day: September 28, 2022

Top 20 Crypto Platforms You Were Desperately Searching For

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It’s no secret that the crypto market in 2022 can be a minefield. One wrong step, and you lose. But hey, we all know that investing is risky and losses are a normal part of trading. So no need to frown! We’ve got some good news! With a reliable platform to help you get started, you can minimise risks. But how can you choose a trustworthy platform among all the scam platforms, illicit apps, and other unsavoury traps waiting to lure in new traders? Well, we’ve got you covered! It’s…

BIS Announces Successful Completion Of CBDC For Cross-border Transactions

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The world is gradually heading towards a cashless society such as CBDC making cash payments obsolete. When this happens, fiat currencies might no more be in use. So central banks are aggressively launching Central Bank Digital Currencies for easy virtual transactions. Many countries are either in the process of developing their Central Bank Digital Currency (CBDC) or have already done so. Moving forward for CBDC adoption in cross-border payments, the Bank of International Settlements (BIS) started testing a multi-jurisdictional CBDC one month ago. The BIS has announced the successful completion…

CertiK says SMS is the ‘most vulnerable’ form of 2FA in use

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Using SMS as a form of two-factor authentication has always been popular among crypto enthusiasts. After all, many users are already trading their cryptos or managing social pages on their phones, so why not simply use SMS to verify when accessing sensitive financial content? Unfortunately, con artists have lately caught on to exploiting the wealth buried under this layer of security via SIM-swapping, or the process of rerouting a person’s SIM card to a phone that is in possession of a hacker. In many jurisdictions worldwide, telecom employees won’t ask…

La fusión de Ethereum está logrando que su criptomoneda sea más atractiva que bitcoin ante la inflación

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En los días que ya pasaron desde la fusión, la tasa de emisión neta anual de la criptomoneda nativa de Ethereum, ether (ETH), cayó en un rango que va desde 0% a 0,7% comparado con el 3,5% previo, estimó Lucas Outumuro, jefe de investigación en la empresa de análisis y datos de criptomonedas IntoTheBlock. La tasa de emisión neta, también conocida como tasa de inflación, es esencialmente la nueva oferta dividida por la existente. Original

Open World MMORPG Finally in Web3 – Press release Bitcoin News

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press release PRESS RELEASE. Finally, the moment has arrived. A dozen hours have gone into farming the materials needed for a brand-new mighty axe. The epic weapon crafted at the forge will take the player to unprecedented heights of power, but only for the player to discover it does not have any real value. This jarring feeling is all too familiar to gamers if they have spent hundreds of hours playing MMORPGs. Playing games takes time, effort, and sometimes even real money, but all that effort doesn’t change the gamers’…

Ari Juels: The Technical Case for Blockchain | RR: Understanding Crypto 17

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io *All opinions offered by Prof. Juels on the podcast are his own. Critics of blockchain often say that it is nothing more than a database, but today’s guest, Ari Juels, has a different opinion. His technical expertise (he is a Professor of Computer Science at Cornell Tech), combined with his ability to understand both sides of a divisive topic like this one, make for a very insightful conversation about Bitcoin, NFTs, and smart contracts. We talk about the reasons for the valid…

Adopting Bitcoin: El Salvador Is All Set To Host A Conference Promoting Bitcoin And Its Diverse Use Cases 

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El Salvador is hosting a conference dubbed “Adopting Bitcoin.” The three-day conference aims to “promote Bitcoin and bring together stakeholders from all sides of the Bitcoin ecosystem to discuss developments related to BTC and its diverse utility factors.” El Salvador, the BTC pioneer, is all set to host a conference dubbed “Adopting Bitcoin” to promote Bitcoin’s use cases. The conference will be attended by 110 speakers from 30 countries, discussing various topics concerning Bitcoin in the context of creating a “freer and more equitable financial system.” El Salvador is preparing…

Is Short Bitcoin ETF Exposure Gearing Up For A Squeeze?

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Bitcoin’s short exposure has been gaining favor from both retail and institutional investors over the last couple of months. For most, this position in the digital asset has paid off, given its continued decline over this time. Even then, investors have not eased up in their exposure to this investment vehicle. The total assets under management for short bitcoin ETF are on the rise, sparking speculations of a potential short squeeze. Investors Increase Exposure When the ProShares Short Bitcoin ETF first debuted earlier in 2022, it came out with a…

The Problem Tornado Cash Raises About Base Layer Censorship on Ethereum

On an otherwise quiet day last month, the crypto industry woke up to big news – the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) added 45 public Ethereum addresses to the sanctions blacklist, including addresses where the Tornado Cash byte code, or smart contract, was stored, potentially rendering interactions with those addresses a violation of law. Up to this point, all addresses included on the Specially Designated Nationals and Blocked Persons List (SDN List) had been wallets purportedly belonging to known “bad actors,” making the Tornado Cash sanctions…