Dapper Labs – the company behind CryptoKitties – has a simple mission. They want to introduce a billion people to blockchain. “The reason we decided to go for entertainment — specifically games — is because we felt that it’s just a much easier way to introduce folks to decentralization,” explains co-founder Mik Naayem. “Gamers are
Month: June 2020
Cardano (ADA) is upgrading from “Byron” over to “Shelley”. According to an announcement from the project: “We’ve been successfully running node v 1.14.2 on the Shelley public testnet for over a week now. And we can confirm that we’ll deploy the new node to the Cardano mainnet… today, 30th June as per the first date
Fraudulent websites successfully have stolen the personal records of a number of individuals from the U.K., Australia, South Africa, the U.S., Singapore, Malaysia, Spain, and more. The attack was executed as a targeted multi-stage Bitcoin (BTC) scam propagated by a number of fraudulent websites. According to the Singapore-based intelligence company, Group-IB, the attack exposed personal
So many users are dependent on Ethereum client Geth that a bug could temporarily freeze the network – something blockchains aren’t supposed to do, ever. In light of this, Ethereum Core developers decided Friday to postpone work on the Berlin hard fork until at least August in an effort to give other clients a chance
Privacy blockchain Incognito has released Kyber Privacy (pKyber), a privacy feature for decentralized finance within the Kyber Network for users from both parties to trade anonymously. First announced on April 24, Incognito’s open-source technology enables anonymity for smart contract-based protocols, making it possible for any Ethereum-based decentralized app to integrate pKyber. Making DeFi private The
Bitcoin (BTC) price showed a bit of strength by briefly pushing to $9,235 as the daily close occurred but at the time of writing the top-ranked digital asset on CoinMarketCap is trading below the $9,200 resistance. Crypto market weekly price chart. Source: Coin360 As discussed in the previous analysis by Cointelegraph Markets, the price remains
A hacker has attempted to disrupt a blockchain voting system currently being used to help decide constitutional changes in the Russian Federation. According to Russian news agency TASS, head of the Moscow government’s IT technologies department Artem Kostyrko said an observation node on the blockchain had been targeted, but the system was still functioning correctly.
Ether (ETH) options implied volatility, a measure of the expected price swings as per the options markets premium, has dropped below Bitcoin’s (BTC) for the first time ever. This could signal that investors have given up expectations of a price decoupling, or they simply expect ETH price moves to mirror Bitcoin. In the case of
A study published on June 29 revealed a way to drain Bitcoin (BTC) wallets’ funds on the Lightning Network by exploiting a bottleneck in the system. According to the “Flood & Loot: A Systemic Attack On The Lightning Network” paper, Jona Harris and Aviv Zohar from the Hebrew University in Israel evaluated a systemic attack
The Takeaway: Demand to transact on the Ethereum blockchain has pushed fees to uncomfortable levels. A new technical proposal helps address high fees by implementing a dynamic pricing system. Called EIP 1559, Ethereum users would now pay a set “base fee” to the network plus a tip to miners. One technical observer calls it “the
Blockchain-powered event betting company Augur says that users of its REP cryptocurrency need to migrate their tokens once a new version of the platform is available starting July 28. According to an announcement posted to the platform’s website on June 29, Augur v2 will launch on the Ethereum (ETH) mainnet at the end of next
The total crypto market capitalization has been stuck roughly between $240 billion and $280 billion for about two months. This range-bound action suggests that cryptocurrencies are waiting for a trigger to propel the market cap higher. As the saying goes, the longer the consolidation, the stronger will be the eventual breakout from it. Daily cryptocurrency
The Spanish Civil Guard has taken down a dark web child porn ring that used cryptocurrency transactions to pay for content. Multiple individuals across the country were ultimately arrested. According to the Spanish Civil Guard, the “Jekyll” operation captured three people involved in the “Welcome 2 Video” platform, thanks in part to additional support from
How healthy is the gaming industry? Fortnite thoughtfully provided a concise answer to that question on June 16th. In advance of the much-anticipated unveiling of The Device, a live event slated to occur on the game platform, slots were full half an hour early as eager gamers logged in to witness Epic’s latest twist in
Bitcoin (BTC) hodlers are preparing for a bull run just like the one that led to $20,000 all-time highs in 2017, one metric suggests. According to on-chain monitoring resource Glassnode on June 28, the proportion of the Bitcoin supply that has not left its wallet in a year or longer reflects 2016. Dormant BTC channels
Facebook, Accenture, IoTeX, Nvidia and six other companies are joining the Linux Foundation’s Confidential Computing Consortium (CCC), increasing the size of the privacy-focused group by 60 percent. The addition of members IoTeX, which leverages blockchain to secure the internet of things, and R3, an enterprise blockchain company, nearly doubles the number of blockchain companies involved.
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