As the world embraces technological innovation, the crypto market is taking over a myriad of the financial community. Banks and venture capital firms know the worth of the digital currency ecosystem. Cardano is among the virtual currencies that surged in 2021. Nonetheless, Bitcoin Spark is the new project that aims to take over the industry. […]
11 benefits blockchain explorers offer both individuals and companies
Offering both big-picture and detailed views of transactions, blockchain explorers are a powerful tool for both individuals and companies. Even those who aren’t steeped in the finance industry can probably call up a visual image of an old-school stock ticker, generating lengths of white tape to help investors stay on top of stock market transactions […]
Balancer says $2.8M still at risk after vulnerability warning
The vulnerability was not exploited after its discovery on Aug. 22. Ethereum automated market maker and decentralized finance (DeFi) protocol Balancer warned that $2.8 million, or 0.42% of its total value locked (TVL), remains at risk following the discovery of a vulnerability on Aug. 22. According to the Aug. 24 announcement, users are asked to […]
Bitcoin-backed property investment becomes new avenue for Cayman Islands residency
Bitcoin financial services firm Ledn’s ties with the Cayman Islands open a doorway for crypto users to use their funds to obtain real estate “golden visas.“ The Cayman Islands has long been an idyllic beach getaway for tourists, but the archipelago could soon welcome Bitcoin (BTC) holders as new residents through BTC-backed loans used to […]
Opinion: Bitget acted ethically on crypto influencer’s account
Bitget managing director Gracy Chen argues her exchange had a duty to act when a crypto influencer began selling his holdings in a project he was promoting. Love or hate them, influencers are as inseparable from crypto as blockchain itself. While it’s hard to imagine a crypto space without social media influencers, they sometimes act […]
Opinion: Is this exchange the next FTX?
Bitget seized more than $200,00 of my cash. Now its executives won’t tell me what they’re doing with it, or if they intend to return it. The blockchain industry has been revolutionary, to say the least. In the last three years, the crypto market has affected and changed lives positively — mine included. And this […]
Crypto VC inflows drop further as macro factors weigh on investments
Polychain Capital and CoinFund launch new funds, and spot Bitcoin ETFs approval rumors can’t brighten the outlook for crypto VC sector. July saw a drop in capital inflows from venture capitalists by 10.26% resulting in $700 million raised according to Cointelegraph Research VC Database. The last two months rejected the potential upward trend, as it […]
Known-plaintext attacks, explained
A known-plaintext attack exploits known pairs of plaintext and corresponding ciphertext to deduce encryption keys or methods. How to protect against a known-plaintext attack? To safeguard against known-plaintext attacks, adopt strong encryption algorithms, manage encryption keys securely, use unique keys per session, and add randomness to encryption processes to enhance protection against attacks. Choose encryption […]
Biggest Movers: SOL Recovers From Recent Declines, BNB Extends Gains
Solana continued to trade higher during Tuesday’s session, following a recent breakout below a support point of $20.00. Momentum in the market has begun to gradually pick up in recent days, ahead of Friday’s Federal Reserve Jackson Hole annual meeting. BNB remained in the green. Solana (SOL) Solana was one of Thursday’s notable movers, as […]
Central banks globally roll back balance sheets – quantitative tightening pace heightened
Quick Take Global central banks are decidedly rolling back on their respective balance sheets, indicating an aggressive stride in quantitative tightening for 2023. The Bank of England’s (BOE) balance sheet downsized by 3%, while the Federal Reserve reported a 4% reduction. Notably, the People’s Bank of China charts a 5% decline in its balance sheet. […]