Day: February 25, 2023

How to hire a blockchain developer in 5 easy steps

It might be difficult to find a blockchain developer, particularly if one is unfamiliar with the technology and its range of uses. Employing knowledgeable developers who can assist organizations in creating and deploying blockchain-based solutions that match their objectives is becoming more and more crucial due to the growing demand for blockchain solutions across industries. In this article, we will outline five easy steps to hire a blockchain developer. Step 1: Understand your business needs Understanding a company’s needs and the kind of blockchain solution it wants to construct is crucial…

French police arrest 2 people in connection to Platypus attack

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Two suspects have been arrested by the French police in connection with Platypus’ $9.1 million exploit, and 210,000 euros worth of cryptocurrency has been seized, according to the local authorities.  Investigations leading to the arrests were supported by on-chain sleuth ZachXBT and crypto exchange Binance, said Platypus. The decentralized protocol was compromised in three separate flash loan attacks carried out by the same exploiter on Feb. 16. [#Cybercriminalité]La #PoliceNationale met fin à une escroquerie d’ampleur pour un préjudice de 9,5 millionssur une société américaine d’échange de cryptomonnaies.Interpellation et convocation en…

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year – Mining Bitcoin News

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Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60 days. Network Participants Face Longer Block Times Following Recent Difficulty Change It has never been harder to mine bitcoin (BTC) than it is today, as miners have experienced a 9.95% difficulty increase at block height…

The limitations of the EU’s new cryptocurrency regulations

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The final vote on the European Union’s much-awaited set of crypto rules, known as the Markets in Crypto Assets (MiCA) regulation, was recently deferred to April 2023. It was not the first delay — previously the European lawmakers rescheduled the procedure from November 2022 to February 2023.  The setback, however, was caused solely by technical difficulties, and thus, MiCA is still on its way to becoming the first comprehensive pan-European crypto framework. But that will happen only in 2024, whereas during the second half of last year, when the MiCA…

Bitcoin price tumbles to 10-day lows as ‘Notorious B.I.D.’ keeps support at $22.5K

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Bitcoin (BTC) threatened to ditch $23,000 as support on Feb. 25 as an ongoing price correction strengthened into the weekend. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView BTC price support inches lower Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to decide the fate of the $23,000 mark on the day. The pair had lost almost $1,000 on Feb. 24, ending the week in a limp position along with United States equities while the dollar gained. With “out-of-hours” trading now in place until Monday, chances for thinner liquidity…

Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco – Finance Bitcoin News

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The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in helping financial institutions to operate in the digital asset space. DZ Bank to Use Metaco’s Harmonize Platform to Launch Crypto Custody Services DZ Bank, part of Volksbanken Raiffeisenbanken which is one of the largest banking groups in Germany, is going to employ a platform built by Metaco to offer institutional clients services in the field…