SafeMoon hacker agrees to return 80% of stolen funds: Finance Redefined
SafeMoon hacker said the exploit wasn’t intentional plans to return majority of the exploited funds.
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Why interoperability is the key to blockchain technology’s mass adoption
Every year, we see new blockchain networks being developed to tackle specific niches within certain industries, each blockchain having specialized functions based on its purpose. For example, layer-2 scaling solutions like Polygon are built to have ultra-low transaction fees and fast settlement times.The increase in the number of new blockchain networks is also a result…
CoinMarketCap allegedly lists 3 fake SHIB contract addresses, Twitter firestorm ensues
"Do not purchase SHIB from these addresses as your funds will be irreversibly lost," said the team at Shiba Inu. 1174 Total views 41 Total shares A bit Twitter drama ensued on Thursday, continuing well into Friday afternoon, when developers behind popular meme token Shiba Inu (SHIB) issued a statement alleging that CoinMarketCap had listed…
Bitcoin is 1 week away from ‘confirming’ new bull market — analyst
Bitcoin (BTC) has a matter of days to go before beginning a new macro uptrend, the latest analysis says.In his latest Twitter activity, popular trader and analyst Rekt Capital flagged a key monthly close in the making for BTC/USD.BTC price action closely mimics past cyclesDespite facing problems flipping $28,000 to support, BTC price action is…
US officials extend export curbs on Nvidia AI chip to ‘some Middle Eastern countries’
U.S. regulators have told AI chip maker Nvidia and its rival AMD to curb exports of high-level semiconductor chips used to develop AI to certain Middle Eastern countries. 156 Total views 6 Total shares Regulators in the United States have asked Nvidia to curb exports of artificial intelligence (AI) chips to “some Middle East countries,”
First-Ever SEC-Qualified Token Offering in US Raises $23 Million
Blockstack PBC, a decentralized computing network, announced that it managed to raise more than $23 million in the first-ever U.S. Securities and Exchange Commission (SEC)-approved token offering.Participation from U.S. retail investorsMuneeb Ali, co-founder and CEO of Blockstack PBC wrote in a blog post on Sept. 10 that the blockchain-based startup Blockstack has raised more than…
Are real world assets set to take market share?
The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength. But there is a new kid on the block, and they go by the name of real world assets (RWAs). What are RWAs? In simple terms, RWAs are tangible assets from the physical
60 million NFTs could be minted in a single transaction: StarkWare founder
Zero-knowledge (ZK) rollup tech company StarkWare founder Eli Ben-Sasson says its new Recursive validity proofs could theoretically roll up as many as 60 million transactions into one on the Ethereum blockchain.The zkSTARK co-inventor made the comments to Cointelegraph during ETH Seoul on Aug. 7 after announcing the start of production of StarkWare’s new Recursive validity…
When levees break, liquidity flows — Analyzing Ethereum Shapella and liquidity staking derivatives
The Ethereum network’s planned Shanghai hard fork is nearly here. Planned for April 12, this is the first major upgrade since The Merge in September 2022. The “Shapella” upgrade (a combination of the two major proposals Shanghai and Capella), includes EIP-4895 which enables validators to withdraw staked ETH from the Beacon chain (Consensus layer) to…