Day: July 9, 2024

Do I really need to read the privacy policy?

We are encouraging people to check how an app plans to use their personal information before they sign up. All apps will have a privacy policy, a statement that explains how the company will use your data. We know these can be overwhelming, and it is far too easy to just click “agree” when installing a new app. But signing up to an app often involves handing over large amounts of your sensitive personal information, especially with apps that support our health. Last year, we reviewed period and fertility apps…

BONK leads meme coin rally with 25% surge amid token burn and whale activity

Solana-based meme coins Bonk (BONK) haw outshined all of the meme coins in the top 100 cryptocurrencies with over a 25% surge in the last 24 hours. At the time of writing, BONK was up 24.3% in the last 24 hours, exchanging hands at $0.000026 per data from CoinMarketCap. The crypto asset’s market cap had surpassed $1.8 billion, overtaking Dogwifhat (WIF), another Solana-based dog-themed competing meme coin whose market cap stood at 1.71 billion. BONK 24-hour price chart | Source: CoinMarketCap The meme coin’s daily trading volume had surgery 155%…

Nigeria Considers Domestic Blockchain for Data Security

A Nigerian information technology agency is considering plans to develop a domestic blockchain to enhance national security and protect citizens’ data. A proponent of a locally developed blockchain argues that such a protocol would likely ensure compliance with Nigerian laws and allow the country greater control over its data. Domestic Blockchain Seen as Boosting Government […] Source CryptoX Portal

Bitcoin (BTC) ETF Traders Buy the Dip in Largest Purchases Since BTC Traded at $70K

boss

“Digital asset investment products saw inflows totaling US$441m, with recent price weakness prompted by Mt Gox and the German Government selling pressure likely being seen as a buying opportunity,” CoinShares said. “However, volumes in Exchange Traded Products (ETPs) remained relatively low at US$7.9 billion for the week, reflecting the typical seasonal pattern of lower volumes in the summer months.” Original

Bitcoin’s hashrate plunge mirrors 2021 China ban, Hashrate Index says

boss

Bitcoin’s price drop last week, exacerbated by German government transfers, pushed hashprice to an all-time low of $44.31/PH/day, despite a 5% downward difficulty adjustment. Last week’s Bitcoin (BTC) price drop, worsened by German government liquidations, had pushed hashprice, a metric that represents the miner revenue on a per terahash basis, to an all-time low, triggering memories of the summer of 2021 when China’s Bitcoin mining ban caused similar disruptions in the crypto’s mining ecosystem. As per data from crypto mining analytics firm Hashrate Index, last week hashprice plunged down to…

Bitcoin Back Over $57,000, Ether Over $3,000 as Major Seller Receives BTC Back

boss

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

stUSDT Published Security Audit Report By ChainSecurity and Whitepaper

PRESS RELEASE. Singapore – July 9, 2024—stUSDT has announced a partnership with leading security audit firm ChainSecurity, which conducted a comprehensive security audit of its smart contracts. The complete audit report and whitepaper are now available on stUSDT’s official website. This initiative demonstrates stUSDT’s commitment to safeguarding user assets and strengthens its position as a […] Source CryptoX Portal