Wallets

How are Data NFTs helping build a decentralized data economy?

• by admin
• August 10, 2023

Data NFTs can revolutionize the data brokerage industry by offering transparency, control and monetization possibilities for users. DEFINED Reshaping the way data brokerage worksWhat are Data NFTs?Classes of Data NFTsFor enterprises: Unlocking new possibilities with Data NFTsFor creators and consumers: Data NFTs, a new era of opportunitiesData NFTs in gaming: Revolutionizing the gaming experienceThe Data […]

Wallets

USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche

• by admin
• August 9, 2023

USD Coin  USDC $1.00 issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized finance (DeFi) apps, Web3 video games, e-commerce services and other blockchain applications to create customized wallets specifically for their users. It will be available […]

Wallets

How to actually spend your Bitcoin, Explained

• by admin
• August 8, 2023

What are the prerequisites for spending Bitcoin? Spending Bitcoin involves obtaining a wallet, acquiring Bitcoin, finding accepting businesses, making payments using wallet details or QR codes, waiting for transaction confirmation, and keeping records of transactions for accounting purposes. Spending Bitcoin involves a few steps and requires the following: Obtain a Bitcoin wallet Get a Bitcoin wallet first, […]

Wallets

Shiba Inu lead developer queries Coinbase’s ‘Onchain Summer’ campaign

• by admin
• August 6, 2023

Kusama responded to Coinbase CEO Brian Armstrong’s update with the statement, “If it isn’t a shadowcat, it’s a copycat.“ NEWS Shiba Inu lead developer Shytoshi Kusama has responded to Coinbase’s Onchain Summer campaign. Kusama suggested that the crypto exchange’s campaign appeared to have similarities with the ideas initially presented by the Shiba Inu community. Kusama responded to […]

Wallets

Curve-Vyper exploit: The whole story so far

• by admin
• August 6, 2023

Curve Finance pools were targeted by hackers in a reentrancy attack on July 30, sending shockwaves across the DeFi ecosystem. Cointelegraph compiled the week’s events. FOLLOW The decentralized finance (DeFi) ecosystem has experienced a challenging week after a seismic security incident led to over $61 million being stolen from Curve Finance’s pools, leaving several protocols […]

Wallets

The absurd AI mania is coming to an end

• by admin
• August 6, 2023

AI large language models raised over $25 billion in the first half of 2023. The industry is starting to look like a bubble that’s about to burst. OPINION Collect article Venture capital interest in cryptocurrency has decreased significantly since the bull run of 2021. At $2.3 trillion in market capitalization, every VC wanted a piece […]

Wallets

What is Hooked Protocol, and how does it work?

• by admin
• August 6, 2023

What is Hooked Protocol? For the uninitiated, the complexity of cryptocurrencies has been a steep barrier in onboarding. Hooked Protocol efficiently combines the learning of the cryptocurrency environment with GameFi. The size of the global cryptocurrency market is set to rise to $13.18 billion by 2030, surging at a compound annual growth rate (CAGR) of […]

Wallets

X will foot legal bills of users unfairly treated by employers for posting or liking content — Elon Musk

• by admin
• August 6, 2023

The move appears to be in support of people that were fired or mistreated at work for liking or posting certain content. NEWS Elon Musk stated that his social media company X (formerly Twitter) would fund the legal bills of any user mistreated by their employer for engaging with or posting content on the platform. […]

Wallets

FBI warns of phishing scams and social media account hijackers

• by admin
• August 6, 2023

The FBI warned that the account hijackers work to “create a sense of urgency” with their posts and urged people to vet any website or potential opportunity before clicking on it. NEWS The United States Federal Bureau of Investigation (FBI) has warned of criminal actors hijacking social media accounts and posing as legitimate people in the nonfungible […]

Wallets

Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk

• by admin
• August 3, 2023

The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem, with several lending protocols rushing to minimize their exposure. NEWS Abracadabra Money, a cross-chain lending platform, has proposed increasing the interest rate on its outstanding loans to manage risks associated with its exposure to Curve DAO (CRV). The proposal drew mixed reactions from the […]