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Why This DeFi Exchange is a One Way Ticket for Ethereum’s ERC-20 Tokens?

Source Node: https://coingape.com/why-this-defi-exchange-is-a-one-way-bullish-ticket-for-cryptocurrencies/
Time Stamp: August 1, 2020 4:31 AM - Modified On: May 21, 2021 - Published By:
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advertisement Uniswap is a decentralized exchange with a unique mechanism for trading ERC-20 tokens on its platform. Apparently, its the perfect platform for pumping tokens. CryptoGainz, prominent crypto trader tweeted, Advertisement there’s no orderbook to scare buyers or induce selling, only a bullish narrative and sell side liquidity crisisUniswap evaluates the price of a token based on the balance of Ethereum and of the token. On a successful trade or exchange, the value is added in accordance with the Ethereum swapped for the token. Hence, there are no order books

Exclusive: US Congressional Watchdog on Prototyping Smart Contracts

Source Node: https://cointelegraph.com/news/exclusive-us-congressional-watchdog-on-prototyping-smart-contracts
Time Stamp: April 8, 2020 2:42 PM - Modified On: May 21, 2021 - Published By:
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The supreme audit institution of the United States, the Government Accountability Office (GAO), posted two job positions with its Innovation Lab concerning the development of prototype applications for blockchain technology during March.Cointelegraph spoke to Chuck Young, the managing director of public affairs at GAO, to find out more about the agency’s interest in distributed ledger technologies, or DLT.GAO to refine auditing processes for blockchainYoung stated that GAO's primary application for blockchain will be as “a digital financial ledger” — indicating that the chief auditor is planning to use blockchain to

BitMEX Operator Gives $400K Sponsorship to Cybersecurity Nonprofit

Source Node: https://cointelegraph.com/news/bitmex-operator-gives-400k-sponsorship-to-cybersecurity-nonprofit
Time Stamp: April 6, 2020 8:09 PM - Modified On: May 21, 2021 - Published By:
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HDR Global Trading, the operator of crypto exchange BitMEX, is giving a $400,000 grant to the cybersecurity nonprofit Shadowserver Foundation.In an April 6 statement on the company’s blog, HDR Global Trading announced that it would offer $400,000 to the organization over the next four years. The BitMEX operator will be acting as a member of the nonprofit’s new industry alliance for Internet security.Richard Perlotto, Shadowserver Director, thanked HDR for “their rapid response to our call for help” and emphasized the organization’s commitment to fighting cybercrime. The director is referring to

April Fools, Celebrity Scams, & Manipulated Markets: Bad Crypto News of the Week

Source Node: https://cointelegraph.com/news/april-fools-celebrity-scams-manipulated-markets-bad-crypto-news-of-the-week
Time Stamp: April 4, 2020 3:56 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin seems to be settling happily above $6,000 and is currently just north of $6,500 again. Let’s hope we’ve seen the last of those $5,000 movements and we’re ready for a steady climb back to double figures before the halving in mid-May. It’s getting closer.In the meantime, the Federal Reserve now appears to have merged into the federal government. An opinion piece in Bloomberg has described how an alphabet soup of financial programs intended to help the economy through the current crisis is allowing the government to buy up securities

CryptoKitties Creators Get Partner with the NBA for A New Collectible Token

Source Node: https://insidebitcoins.com/news/cryptokitties-creators-get-partner-with-the-nba-for-a-new-collectible-token/256427
Time Stamp: April 3, 2020 11:44 AM - Modified On: May 21, 2021 - Published By:
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Dapper Labs, the creators of one of the most popular blockchain games CryptoKitties, are getting ready to turn the digital token world upside down.NBA patent for Dapper LabsThe March 24 edition of the Intellectual Property Magazine of Rio de Janeiro, Brazil has listed Dapper Labs for receiving rights to use National Basketball Association (NBA) branding. This will include pictures of games as well as players which will be used for a digital collectible token by the company in Brazil. The new program will be called “NBA Top Shot” and it

Is Decentralized ASIC Production Possible?

Source Node: https://medium.com/coinmonks/is-decentralized-asic-production-possible-eb5caece672c?source=rss-------8-----------------cryptocurrency
Time Stamp: April 2, 2020 7:07 PM - Modified On: August 29, 2021 - Published By:
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The news about ASICs for Nervos CKB came out recently, as the time of writing, there are four ASICs announced, the Toddminer C1, Toddminer C1 Pro, Bitmain K5 and PA miner — the first batch of C1 was delivered on March 9, K5 and PA Miner are expected to be delivered in April and C1 Pro in May.Since mainnet launch, the total hashrate on CKB mainnet has been around 200TH/S on average, it is now gradually picking up (at the time of writing at ~500TH/S) with ASICs. Toddminer says C1+C1