Jessie A Ellis Aug 15, 2024 01:38 A new approach to key management on blockchains, registration-based encryption, offers promising advantages over traditional methods like public key directories and identity-based encryption. Linking cryptographic keys to identities has been a long-standing challenge since the advent of public-key cryptography. The primary issue is providing and maintaining a publicly available and consistent mapping between identities and public keys. This challenge is particularly relevant in the context of web3, where transparency and anonymity are paramount. According to…
Day: August 15, 2024
Claudia Sahm Warns Fed: Delayed Rate Cuts Could Spur Unnecessary Recession
In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession concerns, Sahm emphasized that the current labor market still shows strength, suggesting the economy may not yet be in a recession. Claudia Sahm on U.S. […] Source CryptoX Portal
U.S. Crypto Bill Can Happen This Year, Senate’s Schumer Tells Crypto Backers of Harris
Still, Schumer said twice that his goal was to have a bill passed out of the Senate and signed into law by the end of the year. He mentioned the Financial Innovation and Technology for the 21st Century Act (FIT21), a House-passed bill spearheaded by Rep. Patrick McHenry (R-N.C.), as well as a yet-to-be-introduced bill being developed in the Senate Agriculture Committee, though he stopped short of explicitly endorsing either product. Source
Bitcoin SV Makes A Surprise Move With 10% Uptick
The market’s bullishness has now spread to altcoins with Bitcoin SV capturing some of its momentum. According to CoinGecko, the token is up over 10% since last week, becoming one of the top gainers within this market environment. Related Reading With private equity enjoying gains as well, the bullishness has leaked to the crypto market, turning the early August wipe into well-deserved upticks. BSV up in the last week. Source: Coingecko Bitcoin SV On Good Price Range For A Breakout As of writing, the token sits right in the middle…
Eigenlayer Introduces Permissionless Token Support, Expanding Crypto Economic Security Options
Eigen Labs has announced an upcoming update to the Eigenlayer protocol, introducing Permissionless Token Support. This feature aims to broaden the range of ERC20 tokens that can be utilized as restakable assets, enhancing the crypto economic security of decentralized networks. Permissionless Token Support Is Coming to Eigenlayer Eigen Labs revealed it is set to release […] Source CryptoX Portal
Experts Watch Key Support Level As Price Hits 2-Year Low
MATIC, Polygon’s native token, recently suffered a significant price decline amid a broader market downturn. The token dropped over 20% in the past month, reaching its lowest price level in two years. As the market recovers, some analysts have made a bullish case for the token but warned of a key level to watch. Related Reading MATIC Hits Two-Year Low Levels Over the past few months, MATIC has registered a steady decline from its one-year high of $1.27. Since July, the token’s price has retraced 20.5%, falling from the $0.55…
Protocol Village: Wormhole Rolls Out 'Era3' Roadmap, XION Plans Token
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024. Source