Day: February 9, 2023

Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter – Bitcoin News

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Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin trading services. The Challenges Faced by Localbitcoins and its Ultimate Demise in the Crypto Market The first peer-to-peer (P2P) bitcoin exchange, Localbitcoins, is ending operations after over ten years in the business. The exchange announced the news on its website, stating that new sign-ups will be suspended as of Feb. 9, 2023,…

Crypto Protection Firm Coincover Raises $30M

The U.K.-based company was founded in 2018 by CEO David Janczewski, who worked in blockchain at The Royal Mint for the U.K. government, and CTO Adam Smith, who ran a cybersecurity consultancy firm that included crypto, government, law enforcement and defense clients. Source 30MCoincoverCryptoFirmprotectionRaises CryptoX Portal

Heroes and villains from 81-90 out now

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On Feb. 8, Cointelegraph unveiled its list of the Top 100 most impactful players in the crypto industry for 2023. The list is being released in increments from the bottom up, starting by unveiling 10 names each weekday up until the final 10. On Feb. 9, entries 81 through 90 were revealed. DISCOVER COINTELEGRAPH’S TOP 100 IN CRYPTO AND BLOCKCHAIN 2023 This batch of players features names such as entrepreneur Gary Vaynerchuk, also known as Gary Vee; Coin Bureau, a media entity offering crypto education; and Do Kwon, the leader…

New interpretation of US Howey test gaining ground

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The crypto community celebrated a victory in court on Jan. 30 when the United States Securities and Exchange Commission (SEC) admitted in the remedies hearing of the LBRY case that secondary sales of its LBC coin were not securities sales. John Deaton, who represents Ripple in court in the SEC’s case against it, was so excited that he created a video for his Twitter-hosted CryptoLawTV channel that evening. Deaton, a friend of the court, or amicus curiae, in the case, recounted a conversation he had with the judge that day.…

BTC Moves Below $23,000 as Market Volatility Heightens – Market Updates Bitcoin News

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Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies moved lower across the board, as uncertainty surrounding the state of the global economy impacted investor confidence. Ethereum also slipped, following a move towards $1,700 during yesterday’s session. Bitcoin Bitcoin (BTC) slipped to a two-week low on Thursday, with prices falling below $23,000 in the process. Following a high of $23,191.32 on hump-day, BTC/USD plunged to an intraday low of $22,458.26 in today’s session. The decline sent…

The importance of open-source in computer science and software development

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Open-source refers to the practice of making source code freely available to the public, allowing anyone to view, modify and distribute the code. In computer science and software development, open source is important for several reasons, as explained in the below sections. Collaboration and innovation Global collaboration and contributions to the creation of software projects are made possible by open source, leading to faster innovation and the creation of more advanced and reliable software. The creation of the Linux operating system is a prime illustration of how open source promotes…

Aave Deploys Native Stablecoin GHO on Ethereum Testnet

Prior to the testnet release, the GHO deployment was audited by blockchain code auditing firms Open Zeppelin, SigmaPrime, ABDK, and it is currently under audit by Certora, the press release said. The protocol also started a Bug Bounty program which encourages community members to discover and report security vulnerabilities for up to $250,000 reward. Source