Wallets

Worldcoin to allow government and businesses to use ID system: Report

• by admin
• August 3, 2023

New reports reveal that Worldcoin plans to expand its operations to sign up more users by allowing organizations and governments to access its technology. NEWS Worldcoin plans to expand its operations to allow governments and businesses to utilize its iris-scanning and identity-verifying technology in an effort to sign up more users, according to a Reuters report. According to […]

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Deposit risk: What do crypto exchanges really do with your money?

• by admin
• August 3, 2023

The effectiveness of security measures employed by a crypto exchange are useless if the operations are under the control of a dubious CEO. So, you’ve deposited some cryptocurrency onto an exchange. You expect that these funds will be held in your name as a liability, with safeguards in place to make sure that you can […]

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Decentralized Web3 data service taps ZK-proofs for tamper-proof SQL queries

• by admin
• August 3, 2023

Space and Time launches zero-knowledge proof tool for its decentralized database platform. NEWS Decentralized Web3 data service Space and Time has tapped into zero-knowledge-proof technology to cryptographically verify information queries within its ecosystem. The company’s proprietary Proof of SQL allows the platform to generate a SNARK cryptographic proof of a query within its decentralized data network, allowing users to trust that […]

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What is Metcalfe’s Law, and why does it matter?

• by admin
• August 3, 2023

Metcalfe’s Law in Crypto Metcalfe’s Law is a fundamental principle used to comprehend the network effect of communication systems such as cryptocurrencies and blockchain networks. Metcalfe’s Law was first used in the telecommunications industry, and has subsequently been applied to several social and technological networks. Metcalfe’s Law was created by Robert Metcalfe, the co-inventor of […]

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Subscribers on X (formerly Twitter) can hide their blue check marks now

• by admin
• August 3, 2023

Twitter Help warns that other users may still be able to tell if they’re a subscriber. NEWS X users who subscribe to the “Blue” service now have the option to hide their check mark, according to a recently updated Twitter Help article.  Owner Elon Musk had previously warned that he wasn’t afraid to keep “blowing […]

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Here’s what happened in crypto today

• by admin
• August 3, 2023

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting the Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. RECAP Collect article MicroStrategy co-founder Michael Saylor is confident his firm will not lose its sheen among investors even with the potential approval of a spot […]

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Elon Musk tweets and Twitter bot spam influences altcoin prices: Study

• by admin
• August 3, 2023

The study also questioned whether FTX or Alameda had any role in coordinating Twitter bot activity for its own gain. NEWS Crypto-spouting Twitter bots could be playing a much larger role in artificially inflating the price of altcoins than previously understood, a new study has suggested. Using a sample of various FTX-listed cryptocurrencies in a study published […]

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BlockFi’s Chapter 11 plan progresses with conditional court approval

• by admin
• August 3, 2023

Once the bankruptcy plan receives approval, the lender said it intends to concentrate on recovering funds from other defunct firms. NEWS BlockFi’s reorganization is gradually progressing, with the company revealing that the United States Bankruptcy Court for the District of New Jersey has conditionally approved its disclosure statement. BlockFi and the Official Committee of Unsecured […]

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BlackBerry reveals top crypto-focused malware amid rising cyber threats

• by admin
• August 3, 2023

SmokeLoader, RaccoonStealer (also known as RecordBreaker) and Vidar top the charts, according to BlackBerry’s list. NEWS In the process of stopping over 1.5 million cyberattacks between March to May, the cybersecurity arm of the defunct smartphone goliath BlackBerry identified malware families that actively try to hijack computers to mine or steal cryptocurrencies. The three industries […]

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Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey

• by admin
• August 2, 2023

Armstrong confirmed that Coinbase was looking into adding support for the Bitcoin Lightning Network and reassured its support for Bitcoin payments. NEWS Coinbase CEO Brian Armstrong has confirmed that the crypto exchange is “looking into” adding the Bitcoin Lighting network in its quest to advance crypto payments adoption worldwide. On July 28, Armstrong addressed the […]