Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel
Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.
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Yahoo! Japanese Cryptocurrency Exchange Taotao Confirms May 30 Launch
Japanese cryptocurrency exchange Taotao will launch its trading service on May 30, Cointelegraph Japan reported Monday, quoting a social media update.Taotao, which is 40% owned by internet giant Yahoo! Japan’s YJFX, will initially offer trading in bitcoin (BTC) and ether (ETH).Margin trading will also be available in litecoin (LTC), XRP and bitcoin cash (BCH) in…
Komodo Hacks Itself and Saves Crypto Worth $13M After Learning of Security Vulnerability
Crypto wallet provider Komodo effectively hacked itself to prevent fraudsters from accessing its users’ funds, the company confirmed in a blog post on June 5.Security researchers had alerted the company to a vulnerability in its Agama wallet. Realizing that hackers could strike any moment, Komodo’s cybersecurity team decided to use the same exploit to move compromised crypto…
Aave Protocol launches stablecoin GHO on Ethereum mainnet, $2M minted
Decentralized finance protocol Aave has finally launched its new algorithmic dollar-pegged stablecoin GHO on Ethereum. 127 Total views 2 Total shares Decentralized finance (DeFi) protocol Aave has launched its algorithmic United States-dollar pegged stablecoin GHO on the Ethereum mainnet, with $2.19 million worth of GHO minted so far.Aave announced the launch of the new stablecoin…
Fidelity Cryptocurrency Platform Enters ‘Final Testing’ Stages
American financial services giant Fidelity said that its cryptocurrency trading and custody platform is in the “final testing and process refinement periods” in a Medium blog post on Jan. 31.Per the announcement, the firm is currently providing services to a small, select group of clients while it continues to build the platform’s infrastructure. The firm…
UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam. 204 Total views 13 Total shares One of the Big Four banks in the U.K., Lloyds Bank, has said that reports of cryptocurrency investment scams by victims have surged by 23% in the
Base network has officially launched: Here’s how it can be used
Coinbase’s Base network has officially launched after spending a few weeks in an “open for builders only” phase. The network is now ready to onboard users, according to an Aug. 9 announcement from the team.Several Web3 development teams have simultaneously announced that they are releasing apps for Base, and the network’s team has released a…
We need to fundamentally change how smart contracts operate
Smart contracts have reshaped the possibilities of what blockchain and crypto can achieve, and we can all acknowledge that. That doesn’t mean they’re the be-all-end-all solution to widespread adoption.Being overzealous about any kind of innovation can also contribute to its stalling, or even failure if other factors don’t align. The mentality of assuming new technology…
The metaverse will change the paradigm of content creation
Content constitutes the essence of the internet and comes in many different forms that the current Web2 internet iteration supports — text, audio, video or a mix of all three. However, content is scarcely a free resource. It is content creators who are now becoming opinion leaders, influencers and the cornerstones of so many of…