Day: July 24, 2023

Fake Worldcoin tokens spread just after launch

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Blockchain security firm PeckShield has detected multiple fake Worldcoin tokens amid the recent launch of OpenAI CEO’s cryptocurrency.  PeckShield identified two fake Worldcoin tokens circulating on the Ethereum network. The first demonstrated a staggering 100% price drop, indicating its dubious nature. It quickly became evident that it was a rug pull, posing severe risks to unsuspecting investors. The deployer address 0x477aF2 was involved with well-known crypto platforms SimpleSwap and MEXC. Further investigation revealed that the perpetrator…

Worldcoin token launch sparks response from Vitalik Buterin

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Vitalik Buterin, the co-founder of the Ethereum network, released a long-form essay with his thoughts on the recently launched Worldcoin human identity verification system.  On July 24th, Buterin tweeted his response to Worldcoin which launched on the same day. What do I think about biometric proof of personhood?https://t.co/yozo1buW24 — vitalik.eth (@VitalikButerin) July 24, 2023 In his article, along with an explanation of Worldcoin and how it intends to work, Buterin addressed the larger concept in discussion within the release of the Worldcoin token which is proof-of-humanity.” Worldcoin, along with other…

Bitcoin (BTC) Starts Week in the Red

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Bitcoin is down to start the week, dropping to around $29,300, a decrease of 1.92% in the last 24 hours. The CoinDesk Market Index (CMI), which measures the performance of the broader digital asset market, is also in the red, down 2.38% at 1,266.87. BTC’s trading range is still relatively narrow, reflecting the cautious stance of investors. “Although market dynamics in summer months can tend toward volatility with lower trading flows, the recent period has been remarkably calm for top crypto assets in the market,” Simon Peters, a market analyst…

Crypto community reacts to Twitter ‘X’ rebranding

On July 23, Elon Musk announced that Twitter’s iconic bird would be replaced with X. As the rebranding took place today, it didn’t take long for Crypto Twitter to react. Musk decides on rebranding in one day On July 23 morning, Musk sparked widespread debate by announcing that he could change Twitter’s logo to X. If a good enough X logo is posted tonight, we’ll make go live worldwide tomorrow — Elon Musk (@elonmusk) July 23, 2023 Crypto Twitter seemed to be split on the subject of the alterations. Many…

UK carpet retailer to adopt Bitcoin Standard

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An online carpet and flooring retailer based in the United Kingdom has bought Bitcoin (BTC) and put it on the balance sheet, following in the footsteps of Tesla, Microstrategy and Real Bedford.  Speaking with Cointelegraph, CEO of Flooring Hut, Paul Brewster explained that: “We see it [Bitcoin] as an asset that has probably the best potential for growth of our capital reserves at the moment.” He explained that the group decided against keeping their cash reserves in a bank account, as Bitcoin could provide the greatest potential for providing returns…

History of Python programming language

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Python is an interpreted, object-oriented and high-level programming language created by Guido van Rossum. The language’s design philosophy emphasizes code readability and simplicity, making it a popular choice for beginners and experienced developers.  Python’s journey began in the late 1980s and early 1990s, and it has since evolved into one of the most widely used and beloved programming languages across various domains. Birth of Python Van Rossum, a Dutch programmer, started working on Python in December 1989 during his Christmas holidays while working at the Centrum Wiskunde & Informatica (CWI)…

Bitcoin supply last active in over 5 years hits ATH despite whale moves

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The supply of bitcoin (BTC), last active in over five years, has reached an all-time high, despite the recent movement of over 1,000 BTC tokens that had been dormant for 11 years.  A whale address, which had been inactive for over a decade, caught the crypto community’s attention when it transferred all 1,037.42 BTC (equivalent to $30 million) to a new address with the identifier “bc1qtl.” The transaction came up as BTC aimed to reclaim the…

Korean banks research stablecoin, CBDC alternative

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Several private banks in South Korea are studying the potential of tokenized deposits technology, an alternative both to private stablecoins and central bank digital currencies (CBDCs).  According to the report from Maeli Business News Korea, Hana Bank and Woori Bank, both private enterprises with headquarters in Seoul, showed interest in so-called “certificate of deposit” tokens (CDs). Essentially CDs are tokenized bank deposits, put on the blockchain. They can replace customary notes and deposits without disrupting the existing banking system. And, of course, CDs require identity verification of the same standards…