Hoskinson Criticized by Ripple CTO

Tech  Si Hoskinson ay Pinuna ng Ripple CTO  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The Ripple community and Cardano‘s founder have been at odds regarding the interpretation of corruption within the context of the ETHgate scandal. David Schwartz, the Chief Technology Officer at Ripple, has countered the statements made by Cardano’s founder about the potential motives behind the determination by United States regulators that Ether (ETH) is not considered a security.  Charles Hoskinson, the founder of Cardano, addressed the much-debated ETHgate theory during an AMA session on October 8th. He argued that the actions taken by the government were not rooted in corruption. The ETHgate theory alleges that Ethereum received preferential treatment from U.S. regulators, particularly the U.S. Securities and Exchange Commission (SEC), which has consistently maintained that ETH is not a security for several years.  Despite SEC Director William Hinman classifying Ether as not a security in 2018, U.S. regulators have grappled with defining the status of other cryptocurrencies, including XRP, which has posed significant obstacles to their adoption.  Hoskinson, in his AMA session, contended that Hinmans released speech drafts on the regulatory status of Ethereum in June 2023 do not demonstrate corruption but rather favoritism. He stated, “None of that activity presupposes

2023-10-17Industriya

Ang hack address ng Uranium Finance ay naglilipat ng $3.1m mula BNB patungo sa Ethereum

Ethereum  Ang hack address ng Uranium Finance ay naglilipat ng $3.1m mula BNB patungo sa Ethereum  17 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The notorious address tied to the Uranium Finance hack of 2021 has been caught in another financial movement, transferring $3.1 million from BNB Chain to Ethereum (ETH).  The primary adddess linked to the Uranium Finance hack of April 2021 has again moved another batch of funds, bridging $3.1 million in BUSD from BNB Chain to Ethereum and laundering $1.89 million to Tornado Cash.  Leading blockchain security company Peck Shield first called attention to today‘s latest movement. Peck Shield’s disclosure came when the exploiter had moved just $10,000 worth of BUSD to the Ethereum network using Stargate, a cross-chain bridging protocol.  Following the alert from Peck Shield, the exploiter has moved more BUSD tokens to Ethereum. They bridged 500,000 BUSD in six separate transactions and 100,000 BUSD in one transaction, amounting to 3.1 million BUSD.  The recent transactions, which occurred today over one hour, have raised speculation among crypto proponents. After the transfers, the exploiters address on the BNB Chain now holds over $15 million in BUSD and Wrapped BNB (WBNB).  Specifically, the address currently holds $10.29 million worth of BUSD and 22,185 WBNB valued

2023-10-17Industriya

Kinumpleto ng Binance ang 25th Quarterly BNB Burn, Mahigit sa 2M BNB Token ang Na-burn

Tech  Kinumpleto ng Binance ang 25th Quarterly BNB Burn, Mahigit sa 2M BNB Token ang Na-burn  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  In a significant development, Binance has wrapped up its 25th quarterly BNB burn, marking another substantial step in the ongoing effort to reduce the total supply of BNB tokens. This quarters burn encompasses both the Auto-Burn process and the Pioneer Burn Program, aiming to maintain the rarity and integrity of the token.  A remarkable 2,139,182.98 BNB tokens were effectively removed from circulation through the Auto-Burn process, a key element of BNB Chains commitment to its tokenomics. The estimated value of these tokens in USD stands at approximately $501,617,017, underlining the considerable financial impact of the operation. For those interested in scrutinizing the process, a Transaction ID (TXID) has been provided for verification.  In conjunction with the Auto-Burn, the Pioneer Burn Program contributed by permanently eliminating 314.69 BNB tokens from circulation. This program targets provable lost funds by eligible BNB Chain users, furthering the ecosystems commitment to responsible token management. The Real Burn total, calculated as Auto-Burn minus the Pioneer Burn contribution, results in a substantial 2,138,868.29 BNB tokens being removed from the circulating supply. This calculation ensures clarity and transparency in

2023-10-17Industriya

Blockchain work innovator HUMAN Protocol launches Web3 event - Newconomics - alongside Web Summit in Lisbon

blockchain  Ang Blockchain work innovator HUMAN Protocol ay naglulunsad ng Web3 event – Newconomics – kasama ng Web Summit sa Lisbon  8 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Talaan ng nilalaman  Lisbon, Portugal, October 11th, 2023, Chainwire  Startup pitch competition para manalo ng $15000 grant  Ang mga nagsasalita ng Web3 ay nagpapakita ng mga kasalukuyang plano sa negosyo at bagong pandaigdigang ekonomiya  Ang isang bagong kaganapan ay ilulunsad sa gilid ng Web Summit sa Lisbon ngayong taon na nagha-highlight sa hinaharap ng trabaho sa blockchain. HUMAN Protocol, ang desentralisado, automated na solusyon sa trabaho ay nagho-host ng Newconomics upang ang mga technologist, mga negosyante at ang mga mausisa ay maaaring malaman kung paano gumagana ang blockchain sa isang host ng mga bagong application.  Matatagpuan sa Lx Factory sa Alcântara, Lisbon, ang kaganapan ay magsasama ng 12 mga pag-uusap at panel sa loob ng dalawang araw at isang pitching contest upang ipakita ang praktikal na pagbabago sa blockchain. Sa pamamagitan ng paggamit ng isang secure, desentralisadong network, maaaring tuklasin ng mga negosyo at organisasyon ang isang ganap na bagong paraan ng pakikipagtulungan sa sinuman kahit saan.  Kasama sa mga guest speaker sa event ang Sam Weeks of Google, Erika Decker Wykes-Sneyd ng Adidas, Cyrus Fazel ng Swissborg, Jason Fox

2023-10-17Industriya

FTX Stakes Milyun-milyong SOL, Sa gitna ng mga Takot sa Liquidation

The estate of the now-defunct crypto exchange FTX has reportedly staked 5.5 million Solana (SOL) tokens, now worth $121 million USD.  This follows a court filing that highlights the substantial SOL holdings owned by the FTX estate.  FTX Stakes Solana Following Approval of Liquidation Process  A user on X (formerly Twitter) initially discovered the transaction, which is nakikita on Solana.fm under the wallet name ‘Alameda’.  Transfer of approximately 5.5 million SOL. Source: Solana.fm  The staked amount comprises 5.55 million SOL tokens, worth approximately $121.17 million.  Staking means that the tokens are locked up for a certain amount of time, in return for passive income, similar to a bank term deposit. The locked tokens actively contribute to sustaining the blockchains operation.  At the time of publication, SOLs price stands at $22.03.  However, a recent court filing revealed that the estate of the now-defunct crypto exchange FTX holds a staggering amount of SOL, as its largest portion of digital assets. According to the court filing, it holds approximately $1.16 billion.  SOL holders found themselves in a state of uncertainty when the bankruptcy court approved FTXs liquidation plan, including the $1.16 billion in SOL and roughly $2.5 billion in other crypto assets.  Meanwhile, the liquidation process adheres to stringent regulations. This is to

2023-10-16Industriya

California Governor signs new crypto bill into law for 2025—what you need to know

Amid growing calls for regulatory clarity in the crypto sector, California Governor Gavin Newsom has made a decisive move. He recently signed into law the Digital Financial Assets Law, a bill outlining a structured framework for the crypto industry. Under this new law, the Department of Financial Protection and Innovation (DFPI) will serve as the regulatory authority responsible for crypto activities. Besides the DFPI, the law introduces an 18-month implementation window, offering flexibility for new industry trends.  Governor Newsom is no stranger to the crypto industry. Last year, he declined to endorse a crypto bill, citing its inability to adapt to industry changes. This time, Newsom seems confident that the new law will offer a balanced approach.  However, he also noted that some aspects might need further refinement. “It is essential that we strike the appropriate balance between protecting consumers from harm and fostering a responsible innovation environment,” said Newsom. This dynamic approach aims to simultaneously minimize fraud, enhance consumer and investor protections, and provide businesses with a clear regulatory path.  What this means for crypto businesses  The Digital Financial Assets Law stipulates that businesses must obtain a DFPI license to operate in the crypto space in California. Moreover, the law imposes stringent audit

2023-10-16Industriya

GOP clash paralyzes Congress: What’s next for U.S.?

When the world expects strength, the U.S. Congress appears paralyzed, stuck in an internal wrestling match among the GOP. With wars escalating in both the Middle East and Ukraine, the last thing the nation needs is a Congress stalled by its own conflicts. The question on everyone‘s mind: What’s next for the U.S.?  当世界期待实力时,美国国会却陷入瘫痪,陷入共和党的内部角力。随着中东和乌克兰的战争不断升级,这个国家最不需要的就是国会因自身冲突而陷入僵局。每个人都在思考一个问题:美国接下来会怎样?  Ripples of the Republican Rivalry  共和党竞争的涟漪  Its been almost two weeks since a fraction of Republicans decided to show Speaker Kevin McCarthy the door, leaving the House of Representatives rudderless.  距离一小部分共和党人决定将议长凯文·麦卡锡拒之门外,导致众议院群龙无首已经过去近两周了。  This leadership void has stopped Congress dead in its tracks, freezing any potential legislative initiatives. Discussions on aiding Ukraine, currently under the siege of Russian forces, and expressing solidarity with Israel in its conflict with Hamas have been shelved.  这种领导层的空缺使国会停滞不前,冻结了任何潜在的立法举措。关于援助目前受到俄罗斯军队围困的乌克兰以及在以色列与哈马斯冲突中声援以色列的讨论已被搁置。  The nomination of Jim Jordan, a notorious adversary of the GOP leadership, as the next speaker has only heightened the tension. While his nomination raises eyebrows, the true test will be whether he can garner the necessary support in the forthcoming floor vote.  共和党领导层臭名昭著的对手吉姆·乔丹(jim jordan)被提名为下一任发言人,这只会加剧紧张局势。虽然他的提名引起了人们的关注,但真正的考验将是他能否在即将举行的全体投票中获得必要的支持。  The reason behind McCarthy‘s unexpected exit? A spending bill that won more favor with Democrats than with his own party. This wasn’t a mere difference of opinion; it was a tipping point.  麦卡锡意外退出背后的原因是什么?一项支出法案赢得了民主党人的支持,而不是他所在政党的支持。这不仅仅是意见分歧;这是一个转折点。  This act was perceived as betrayal by some, especially

2023-10-16Industriya

Chainlink Gearing Towards a Breakout as Whale Transactions Surge ⋆ ZyCrypto

Since Chainlink (LINK) has been engulfed in a ranging market, the eighteenth-largest cryptocurrency is showing its unwavering quest to break out from this zone.  Popular market analyst Michael van de Poppe took to X, formerly Twitter, to highlight that LINK looks set to leave the current zone to gain the much-needed upward momentum.  Ang analyst tulis out that Chainlink had set its eyes on creating a higher low around the $6.75 to $7 area, as this would propel its upside continuation.  Higher highs and higher lows illustrate a bullish momentum because they depict an uptrend.  On the other hand, crypto trader Rekt Capital naniniwala that LINK ought to break and retest the current macro downtrend to experience a new uptrend.  Therefore, Chainlink should break and retest the $8.5 area for sustained bullish momentum.  LINKs price stood at $7.4 at the time of writing, according to CoinGecko data.  Chainlinks Whale Transactions are Going Through the Roof  Famed for its decentralized nodes enabling smart contracts with even off-chain data sources, Chainlink continues attracting more players based on its innovation.  As a result, whale transactions on the LINK network have been surging. Crypto analyst Ali isiwalat that Chainlink whales were making noteworthy transactions based on a remarkable increase in their holdings that

2023-10-16Industriya

Nakipagtulungan ang Circle sa Coins.ph upang Hikayatin ang Financial Inclusion sa pamamagitan ng Remittances sa Pilipinas

Stablecoin issuer and fintech firm Circle announced a strategic partnership with Philippines-based digital asset provider Coins.ph to improve the existing remittance landscape of the region.  The partnership seeks to promote the use of USDC-denominated remittances as a safe, affordable, and nearly instantaneous method for international money transfers among Coins.phs 18 million Filipino user base.  Circle x Coins.ph  In 2022, remittance flows to the Philippines amounted to an astonishing $36.1 billion, as reported by the Bangko Sentral Ng Pilipinas (Central Bank of the Philippines). Circle said that this underscores the continued significance of remittances to the Philippine economy.  However, traditional remittance methods often come with steep fees and lengthy processing times.  According to the World Bank, the average cost of sending a $200 remittance to the Asia region in 2022 was 5.7%. The situation is even more challenging for the unbanked population in the Philippines, which constituted 44% of the adult population in 2021, as per the countrys central bank.  In a bid to address these issues, Coins.ph and Circles partnership seeks to drive real-time settlements and minimal transaction costs in the Philippines, which happens to be the fourth largest recipient of remittances globally. The initiative will start with the launch of educational campaigns and community engagement

2023-10-16Industriya

TON Foundation Declares Support for Elliptic to Enhance Security

TON Foundation, the Open Network has announced that a leading blockchain analysis firm, Elliptic will provide additional security to the foundation and will help TON Foundation reach its goal of racing crypto to every pocket by forming a web3 ecosystem on Telegram.  It will provide greater visibility and security to the ecosystem as Elliptic will display all TON wallet addresses and flag those linked with bad actors or malicious activities. This will safeguard the users.  TON has a rapidly growing community. The number of registered accounts on TON has grown by 165%. Its collaboration with Elliptic will confirm that the users of the TON ecosystem are protected from accounts linked with malicious activities. Thus, it will enhance the foundations robust security.  Justin Hyun, the Director of Growth at TON Foundation, said “Elliptic support will increase security by protecting the user from any criminal activity. The TONs ecosystem will remain secure as it continues to scale at pace.”  About TON and Elliptic  TON is an open network foundation. It is a non-profit organization that is funded by the community. It was founded in 2023 in Switzerland. It acts in the communitys interest and runs intending to put crypto in every pocket. By enhancing the web3 ecosystem

2023-10-16Industriya
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