Ethereum Creator Vitalik Buterin Says Hacker Used SIM-Swap Attack To Compromise X Account

Ethereum  Ethereum Creator Vitalik Buterin Says Hacker Used SIM-Swap Attack To Compromise X Account  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum (ETH) creator Vitalik Buterin says that hackers used a SIM-swap scam to take over his account on the social media platform X to commit theft.  In a new post on the decentralized social network Farcaster, Buterin says that whoever committed the offense took over his T-Mobile phone number.  SIM swapping happens when scammers contact a mobile phone carrier and trick them into activating the scam target‘s phone number on a SIM card that they have. Once they have the SIM card activated they attempt to use it to intercept two-factor authentication codes (2FA) for the person’s accounts.  After taking over Buterins X (previously known as Twitter) account, the fraudsters promoted a non-fungible token (NFT) scam and reportedly made off with $691,000.  Sabi ni Buterin,  He also says hes happy to be using Farcaster because his account recovery can be controlled by an Ethereum address.  Farcaster co-founder Dan Romero tinatanggap Buterin to his platform last year.

2023-09-14Ethereum

Ang Bitcoin Lightning ay Nakakuha ng Pangwakas na Pag-apruba Mula sa Coinbase CEO

Coinbase CEO Brian Armstrong announced today that the crypto exchange will integrate the Bitcoin Lightning Network, a layer-2 solution aimed at enabling faster and cheaper BTC transactions. The decision comes after months of scrutiny from the Bitcoin community, including high-profile critics like Jack Dorsey, co-founder and former CEO of Twitter and CEO of Block Inc.  Sa isang tweet, Armstrong naglalagay, “The team did a great job digging into this, and we‘ve made the decision to integrate Lightning. Bitcoin is the most important asset in crypto and we’re excited to do our part to enable faster/cheaper Bitcoin transactions. Will take some time to integrate so please be patient.”  Coinbase Will Integrate The Lightning Network  The announcement by Armstrong came in response to a tweet by Viktor Bunin, a protocol specialist at Coinbase Cloud, who is leading the effort to integrate the Lightning Network into Coinbase‘s platform. Bunin tweeted, “Friends, I’m happy to say that I‘m leading up this effort. DM me if you’d like to grab some time to chat Lightning support at Coinbase. Particularly keen to get insights on lift to add support, UX flows, open source tooling, service providers, and edge cases. Thanks!”  Bunin‘s tweet indicates that Coinbase is taking a comprehensive approach

2023-09-14Industriya

Nangibabaw ang India sa Crypto Adoption: Chainalysis

Balita ng Ethereum ng Bitcoin  India has claimed the top spot in global crypto adoption, surpassing Nigeria, Vietnam and the US.  DeFi is surging in CSAO, comprising 55.8% of regional transaction volume from July 2022 to June 2023.  Blockchain analysis platform Chainalysis unveiled its Global Crypto Adoption Index for 2023, revealing that India has surged to the top spot in terms of cryptocurrency adoption despite grappling with a challenging regulatory and tax environment. This marks a two-spot rise from its position in the previous years rankings.  The report sheds light on the fact that emerging markets are taking the lead in global cryptocurrency adoption, with 20 countries. Central & Southern Asia and Oceania (CSAO) have emerged as a dynamic and fascinating cryptocurrency market, ranking third in raw transaction volume, closely following North America and Central, Northern & Western Europe (CNWE), contributing to nearly 20% of worldwide crypto activity.  On the Global Crypto Adoption Index, India surpasses countries like the US, UK, and Russia, underscoring the robustness of Indias crypto community and its commitment to driving further adoption of blockchain technology.  Indias Lead in Global Crypto Adoption  India has taken the lead in terms of transaction volume, receiving an estimated $268.9 billion in crypto assets. This impressive figure

2023-09-14Industriya

New Crypto Project ETH20 Launches Presale with Stake-to-Earn Rewards, Plans to Repeat Ethereum Bull Run

crypto Ethereum  New Crypto Project ETH20 Launches Presale with Stake-to-Earn Rewards, Plans to Repeat Ethereum Bull Run  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  We stand on the precipice of a monumental leap in cryptocurrency innovation as we announce the impending presale of the ETH20 token. No mere newcomer, ETH20 is a heartening homage to Ethereums roots and a testament to its remarkable trajectory to date!  ETH20, an ERC-20 token, offers you an unparalleled opportunity to revisit Ethereum‘s initial stages when it was a steal at merely $0.1! Revel in the nostalgia of crypto’s yesteryears and immerse yourself in the exhilarating new digital gold rush. This is the unique offering of ETH20.  Put Your ETH20 to Work through Staking  Upon conclusion of the presale, a substantial sum of 78 million tokens will be securely ensconced in a bulletproof staking contract. This forms the bedrock of our ETH20 token economy, empowering users to actively engage their tokens in staking and revel in the ensuing rewards.  ETH20 token holders, during the presale and beyond, can assign their tokens to stake and earn their portion of the staking rewards. The principle is straightforward – the more ETH20 you stake, the greater your dividends.  Utilizing the power of staking offers users

2023-09-13Ethereum

XRP, SOL, ETH Among Key Assets in FTX’s $3.4 Billion Liquidation Plan

Ethereum  XRP, SOL, ETH Among Key Assets in FTXs $3.4 Billion Liquidation Plan  43 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  Cryptocurrency markets are bracing for impact as FTX, the troubled crypto exchange that declared bankruptcy last year, nears approval for a massive $3.4 billion asset liquidation  Cryptocurrency traders are on high alert as FTX, the beleaguered crypto exchange, moves closer to a $3.4 billion asset liquidation plan.  The liquidation, likely to get approval this Wednesday, will include significant volumes of several popular cryptocurrencies, including Solana ($SOL), Bitcoin ($BTC), and Ethereum ($ETH).  FTX liquidations loom  FTX crypto exchanges proposal to liquidate over $3 billion in recovered crypto assets has caused fresh concerns among investors, who fear that the large-scale sell-off could further destabilize an already struggling cryptocurrency market.  The price of Bitcoin has dipped below the $25,000 level, with the FTX sale likely remaining the main bearish catalyst.  Last month, the bankrupt crypto exchange partnered with Mike Novogratz‘s Galaxy Digital to sell, stake, and hedge its $3 billion crypto holdings. It aims to return funds to creditors in fiat currency without affecting the asset’s value.  Despite FTXs attempts to secure its assets by bridging tokens back to their native blockchains, skepticism remains high among market observers.  In the meantime, the

2023-09-13Ethereum

In the Ring: VC Spectra (SPCT), Cosmos (ATOM) & Ethereum Classic (ETC)

Ethereum  In the Ring: VC Spectra (SPCT), Cosmos (ATOM) & Ethereum Classic (ETC)  37 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Three top crypto coins are capturing the attention of investors seeking to maximize their profits through staking. VC Spectra (SPCT) emerges as an innovative decentralized asset management protocol, offering users a transparent and lucrative investment experience. Meanwhile, Cosmos (ATOM) experiences growing interest in staking as its ecosystem integrates native USDC support, fueling price speculation. With its stable value, Ethereum Classic (ETC) sees potential growth by introducing an intelligent contract-based court system. Lets delve into further details.  Growing Interest in Cosmos (ATOM) Staking Fuels Price Speculation  On September 1, Circle introduced native support for USDC (USD Coin) within the Cosmos (ATOM) ecosystem through a specialized appchain called Noble.  This development enables the issuance of native assets and facilitates inter-blockchain transfers using the Inter-Blockchain Communication (IBC) protocol. As a result, users now have access to a fully reserved stablecoin backed by the US dollar and can be redeemed on a 1:1 basis.  Following the integration of native USDC, the price of Cosmos ATOM experienced a surge from $ 6.66 sa $ 6.83 within 24 hours, representing a 2.55% increase in its value.  Despite the ongoing fluctuations in the market,

2023-09-13Ethereum

Evaluating the Fall in Ethereum, Santiment said, There is Still Hope for ETH! Said!

Ethereum  Evaluating the Fall in Ethereum, Santiment said, “There is Still Hope for ETH!” Said!  22 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Yesterday, Bitcoin fell sharply after the news that FTX announced its current crypto holdings.  With this decline, BTC fell to $ 24,950, while altcoins also retreated.  Because the largest altcoin, Ethereum (ETH), also decreased by around 3%, falling to $ 1,530.  Although ETH bulls tried to take $ 1,600, they were unsuccessful and ETH is at $ 1,579 at the time of writing.  At this point, evaluating the decline in ETH, on-chain data provider Santiment stated that Ethereum dropped to $ 1,500 for the first time since March 12.  Santiment pointed out that a significant amount of ETH was moved during this period and stated that this situation is an indicator of capitulation and generally signals potential returns in the market.  Ethereum dropped to $1,540 for the first time since March 12. This drop coincided with a large amount of dormant ETH being moved out of wallets.  “A continued decline in the average dollar value while prices are falling is a sign of capitulation and often signals potential reversals in the market.”

2023-09-12Ethereum

Ethereum (ETH) Becomes Inflationary Again, Heres Why

As Ethereum (ETH) gas fees inch closer to 2023 lows, its issuance becomes faster than token burn rate, data says  After the activation of EIP 1559 (periodic burn of Ethereum (ETH) fees based on network activity dynamics), Ethereum (ETH) became deflationary, as the number of tokens issued is lower than number of ETH burned. However, the dramatically low on-chain activity puts an end to this status of second largest cryptocurrency.  Ethereum (ETH) becomes inflationary thanks to market exhaustion  In the last 30 days, Ethereum (ETH) registered a net increase in the number of coins in its supply. A total of 63,490 Ethers (ETH) were burned, while 65,548 Ethers (ETH) were issued. As such, 2,058 “new” coins were added to Ethereums (ETH) circulating supply, per statistics tracked by Ultrasound Money analytical dashboard.  After the activation of Ethereums EIP 1559 mechanism, such periods of “inflationary” status occur periodically. The ongoing “dip,” though, is a special one: the Ethereum (ETH) burn rate declines faster, so the delta between the “ETH issued” and “ETH burned” numbers increases aggressively.  In the past year, the Ethereum (ETH) supply has fallen by over 300,000 ETH thanks to the activation of EIP 1559. The ongoing anomaly should be attributed to super-low activity of

2023-09-12Ethereum

Oasys reveals integration of KDDIs aU Wallet and aU Market into its ecosystem

Oasys is a blockchain-based game development platform that offers a highly scalable Layer 1 hub and specialized Layer 2 using Ethereums Layer 2 scaling solution has just announced its formal integration into the “αU market,” an non-fungible tokens (NFT) marketplace, and the “αU Wallet,” a cryptocurrency wallet supplied by KDDI Corp, one of the leading telecommunications firms in Japan.  This integration facilitates the ability of users to present NFTs on Oasys inside the “αU market” and effectively handle NFTs on Oasys using the “αU wallet,” in addition to conducting transfers and deposits of OAS tokens, as per the latest information shared with Finbold on September 12.  The integration of Oasys also provides developers with the opportunity to tap into KDDIs extensive user base, hence facilitating the widespread adoption of blockchain gaming.  The partnership with Oasys follows KDDIs introduction of the metaverse and Web3 platform “αU (Alpha You)” in March, which aims to provide an inclusive environment where anybody may assume the role of creators.  KDDI has disclosed its involvement in Oasys as a network validator, as a component of its wider Web3 ambitions. KDDI, a prominent participant, assumed the role of a judge in the HACKJAM hackathon organized by Oasys in Tokyo during the

2023-09-12Industriya

Understanding Decentralized Computing: Distributed Processing

Si Mr. Pratik chadhokar ay isang Indian Forex, Cryptocurrencies at Financial Market Advisor at analyst na may background sa IT at Financial market Strategist. Dalubhasa siya sa mga diskarte sa merkado at teknikal na pagsusuri at gumugol ng higit sa isang taon bilang isang tagapag-ambag at tagamasid sa mga pamilihan sa pananalapi. Siya ay nagtataglay ng malakas na teknikal na analytical na kasanayan at kilala sa kanyang nakakaaliw at nagbibigay-kaalaman na pagsusuri ng mga pamilihang Pananalapi.  Pinakabagong mga post ni Pratik Chadhokar  Decentralized computing involves distributing computational capacity among numerous separate machines. These machines work together on the same network. There is no single governing entity that has control over the networks The machines cooperate as equal peer nodes. This differs from centralized computing, where one big data center does all the processing work alone.  With decentralized computing, the processing labor is distributed evenly. It gets divided up among many smaller computers and devices. These peers share the computational workload.  How Does Decentralized Processing Work?  In decentralized systems, complex computing tasks are broken down into smaller pieces. These pieces then get distributed to the peer nodes across the network. Each node receives a piece of the task to process.  All the nodes process their piece of

2023-09-12Industriya
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