ADA price pumps 30% amid rumors of Cardano founder-Trump collaboration
ADA looks poised to rise by over 100% in early 2025 after breaking above a three-year-old resistance trendline.
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14 years since the Bitcoin white paper: Why it matters
Happy white paper day, Bitcoin. It’s been 14 years since Satoshi Nakamoto first sent an email to the Cypherpunk mailing list with the subject line, “Bitcoin P2P e-cash Paper.” The email included a link to the white paper, an outline of what would soon become a one trillion-dollar market. The first sentence of the email has…
Swiss startup launches tokenized grain trading pilot
Tokenization of real-world commodities could drastically reduce trading costs, says one Swiss startup as it pilots a new non-fungible token system. 2443 Total views 18 Total shares A Swiss agricultural startup has piloted the use of a non-fungible token for cutting down the costs of trading grain. The system implemented by Swiss firm Cerealia SA…
Meta fined €265M for allowing scrapers to steal Facebook’s centralized user data
Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and distributing necessary data collection in a highly decentralized way. 910 Total views 8 Total shares The Irish Data Protection Commission (DPC) announced on Nov. 28 that it has fined Facebook developer Meta €265m for breach…
Sophisticated Trading Bot Exploits Synthetix Oracle, Funds Recovered
When Ethereum-based synthetic asset issuance platform Synthetix, which allows users to mint and trade synthetic currencies in a peer-to-peer fashion, lost track of more than 37 million synthetic Ether (sETH) on June 24, the company stopped all trading on its platform. While users only lost trading access for 24 hours, the event led to trades…
FATF Raises Money Laundering Concerns Over Libra and Stablecoins
Global monetary watchdog, the Financial Action Task Force (FATF), has added its voice to the growing chorus of concerns over Facebook’s Libra and other stablecoins.Mass adoption of such currencies could hinder efforts to detect and stamp out money laundering and terrorist financing, Reuters reported on Oct. 18.Managing the potential risks of mass adoptionSpeaking to reporters…
Gnosis receives $2.3B in a day, now 3rd largest ETH holder with 2.2% of supply
The Gnosis safe now contains the third-largest concentration of the Ether according to Etherscan, holding 2.2% of the coin supply worth $2.9 billion. 350 Total views 2 Total shares The decentralized finance platform Gnosis is now the third-largest holder of the Ether (ETH) coin supply. Gnosis’ multi-signature storage safe received a deposit of 1,500,000 ETH on Jan.…
Solana-based Cypher developer confesses to gambling away $300K of user funds
The insider’s exploit went unnoticed for months, despite over 36 individual transactions.
Ripple expands Canadian engineering activities with U of Toronto XRP validator
Canada’s largest university is the third in the country to partner with Ripple’s University Blockchain Research Initiative. 704 Total views 4 Total shares The University of Toronto plans to launch an independent XRP Ledger (XRPL) validator, Ripple announced June 12, as the university will become part of Ripple’s University Blockchain Research Initiative (UBRI). The partnership…