Why Nigeria’s blockchain success hinges on private sector expertise

After being robbed of $196 million in a flash loan attack, Euler Finance has convinced its hacker to return most of the funds. The outcome resulted from numerous back-and-forths over 23 days, eventually leading the hacker to do “the right thing.”On March 13, the Euler Finance hacker carried out multiple transactions, each draining millions of…

Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets triggered once every 210,000 blocks mined — or roughly every four years — providing all the interested parties with ample notice and time to…

Check out this week’s Bad Crypto podcast. 238 Total views 11 Total shares It’s been quite a week for Bitcoin, a week we’ve been waiting for. The coin is up nearly 13 percent and burst through the $13,000 barrier. Some of that support came from Paypal’s decision to enable cryptocurrency purchases, a move that sent…

Year after year, the ransomware landscape changes dramatically. In 2019, a new resurgence of attacks occurred as businesses and government institutions became the main targets of ransomware, given their capacity to yield larger payouts. The most recent attack was against Garmin, a navigation systems company, on July 23. Due to the attack, many of its online…

The Kharkiv Art Museum launched a new NFT collection on the Binance NFT marketplace to help raise funds for operations and preservation of cultural heritage. 255 Total views 22 Total shares As the Web3 space expands, nonfungible token (NFT) use cases continue to develop past the hyped days of stagnant digital art collections. However, even…

New all-time highs are being witnessed all over the cryptocurrency market, and Ether is no exception. 2789 Total views 14 Total shares Led by Bitcoin’s (BTC) ascent to a new all-time high, along with much of the wider cryptocurrency market, Ether (ETH) continues to push new all-time highs on Wednesday as the coin price flirted…

If the courtroom drama of OneCoin is not enough, you’ll soon see the whole thing play out on the big screen. 673 Total views 13 Total shares Even as the OneCoin Ponzi scheme makes its way through the courts, a movie about it is now in development with a Titanic lead star. As reported by Deadline,…

Whales appear to be accumulating Ether (ETH), with the percentage of ETH supply controlled by the top 100 wallets standing near 25%.The observation was made by blockchain data analysis firm Santiment, who tweeted that the centralization of ETH among top wallets suggests that whales are accumulating.Santiment argues that the data indicates large investors “have a…

The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.