Day: December 14, 2023

How To Accept Crypto Payments And Who Accepts Bitcoins?

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Accepting crypto payments may sound daunting, but with the right tools and knowledge, it’s a game-changer for businesses. This article simplifies the process, from understanding the basics of crypto payments to seamlessly integrating them into your business operations. We’ll explore how to accept crypto payments, the most effective cryptocurrencies for transactions, highlight businesses leading the charge which accept Bitcoins as payments, and unveil the advantages of adopting this futuristic payment method. Crypto Payments For Businesses Explained For businesses, adopting crypto payments is not just a nod to modernity; it’s a…

How the Ledger Connect hacker tricked users into making malicious approvals

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The ‘Ledger hacker’ who siphoned away at least $484,000 from multiple Web3 apps on Dec. 14 did so by tricking Web3 users into making malicious token approvals, according to the team behind blockchain security platform Cyvers. According to public statements made by multiple parties involved, the hack occurred on the morning of Dec. 14. The attacker used a phishing exploit to compromise the computer of a former Ledger employee, gaining access to the employee’s node package manager javascript (NPMJS) account. We have identified and removed a malicious version of the…

Ledger ex-staff phished in library compromise

The hard wallet maker said a former employee fell victim to a phishing scam, which allowed a hacker to access the library and steal $480,000 in crypto. Ledger’s chairman and CEO, Pascal Gauthier, attested to an exploit on Ledger Connect Kit, a Javascript library to connect Web sites to wallets on several defi platforms. Gauthier’s letter said the incident was isolated to third-party applications and stressed that Ledger’s hard wallet products remained unaffected. The standard practice at Ledger is that no single person can deploy code without review by multiple…

Dow Records 158 Point Rise on Thursday as Economic Data Shows General Improvement

There was a general rise in the Dow, S&P 500 and Nasdaq Composite indexes following hints that the Fed policy would favor the general market. The Dow Jones Industrial Average (DIJA) ended Thursday higher even as the 10-year Treasury fell below 4%. The Dow’s rise corresponds with an increase in retail sales, providing an optimistic outlook on the economy as the year comes to an end. The 10-year Treasury note fell below 4%, a level not seen since August, losing 11 basis points to crest at 3.922%. The fall in…

Terra Classic Validator Presents ‘Legally Absolved Route’ To Burn 800 Million USTC

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Back in August 2023, the Terra Classic community passed a proposal that would see 800 million USTC incinerated. This move came about as the community worked to help the token recover and be re-pegged back to the US dollar. Naturally, the proposal passed and the community prepared for the massive burn. That is until the plan hit a snag. Terra Classic Validators Worried About Code Changes The 800 million USTC mentioned in the proposal to be burned are the tokens held in the community treasury and managed by Risk Harbor.…

Don’t get excited about Fed ‘dovishness’ — another rate hike is in the cards

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December’s Federal Open Market Committee (FOMC) meeting was a huge boon for markets. Risk assets — including cryptocurrencies — soared as the central bank appeared to take a more dovish stance on monetary policy. But the markets may be in for a nasty surprise in 2024 as the Federal Reserve faces an uphill battle against price increases, which may well force policymakers to hike again to reach their 2% inflation target. The overwhelming expectation right now is that the Fed has won its battle against inflation. However, this is not…

US energy NGO warns of overwhelming demand, as ERCOT considers crypto proposals

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The North American Electric Reliability Corporation (NERC), a nonprofit corporation that oversees regional organizations that support energy reliability, has released its annual long-term reliability assessment of the United States electrical grid. It identified large portions of the United States and Canada as high- or elevated-risk areas for energy reliability. Those areas included Texas, where the cryptocurrency mining industry is seeking to expand. Both development and demand are rising “faster than at any time in the past five or more years.” New projects are being planned at a rate that challenges…

le ultime novità tecnologiche su criptovalute e blockchain

14 dicembre: LayerZero Labs , uno sviluppatore di blockchain, ha lanciato il suo aggiornamento “V2” di LayerZero, un protocollo per inviare messaggi tra blockchain, su testnet, secondo un comunicato stampa: “V2 è un aggiornamento del protocollo che aumenta le capacità di personalizzazione per la sicurezza delle dApp e come vengono eseguite le transazioni, oltre a contribuire a rendere il protocollo più semplice da sviluppare nel complesso.” I miglioramenti includono “sicurezza modulare”, “applicazione pigra di nonce-order” per un throughput più elevato, un “esecutore” senza autorizzazione per sostituire il “relayer” V1 e…