Update

What if Bitcoin Taproot follows SegWit’s path of adoption

Source Node: https://ambcrypto.com/what-if-bitcoin-taproot-follows-segwits-path-of-adoption/
Time Stamp: November 14, 2021 6:30 PM - Modified On: November 14, 2021 - Published By:
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Bitcoin Taproot is finally live, a network upgrade that has been four years in the making. It was first put forward by Greg Maxwell, cryptographer and developer, in 2018 after SegWit was implemented on 24 August 2017. SegWit was the first major BTC soft fork update, which wasn’t taken all too well by the community. Now, four years later, the ecosystem has another update in store to improve the privacy, scalability, and security of the network. In this article, we will try to draw a possible adoption roadmap for Taproot

Dorsey Sticking to Bitcoin, No New Cryptocurrencies Planned for Cash App

Source Node: https://beincrypto.com/dorsey-bitcoin-no-new-cryptos-cash-app/
Time Stamp: November 5, 2021 5:25 AM - Modified On: November 5, 2021 - Published By:
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Square CEO and fintech investor maintains a firm and bullish position on Bitcoin, as revealed in a Q3 earnings call for Cash App. Sponsored Sponsored Moreover, the billionaire entrepreneur said that Cash App has no future plans to accept any other cryptocurrencies at this point. “Our focus is on helping Bitcoin become the native currency of the internet…we have a number of initiatives towards that goal,” Dorsey said.  Bitcoin ‘resilience, fundamentals, and principles’ This comes in the midst of bullish market trends for BTC. After a new all-time high of over

Defi Hack: “stupid kid” nick name goes viral as BXH hack mystery unfolds

Source Node: https://coingape.com/93087-2/
Time Stamp: November 2, 2021 6:01 AM - Modified On: November 2, 2021 - Published By:
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The latest update in the $130 million Defi hack of the BXH protocol unveiled that the exploit took place due to a modification in the network’s administrative privileges, which led the attackers to use this privilege to transfer project assets. According to the Chinese Journalist, Colin Wu, BXH protocol irresponsibly consigned the authority of fund management to the attackers which further led to the most convenient hack in recent history. This has triggered the nickname “stupid kid” in the Chinese community for the protocol since BXH has the same initials

Could ‘perverted’ CBDCs stop you from buying candy

Source Node: https://ambcrypto.com/could-perverted-cbdcs-stop-you-from-buying-candy/
Time Stamp: October 9, 2021 5:30 AM - Modified On: October 9, 2021 - Published By:
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NSA whistleblower and journalist Edward Snowden is known to comment on Bitcoin and crypto-adoption. However, in the latest issue of his newsletter, Continuing Ed, Snowden cited an article discussing whether the U.S could mint a platinum coin worth $1 trillion. In doing so, Snowden also spurred a discussion on centralized money, CBDCs, and their possible use case as surveillance tools. On banking, bitcoin, and the future of money: a response to a governor of the Federal Reserve, Christopher J. Waller.https://t.co/720SYvqzZM — Edward Snowden (@Snowden) October 9, 2021 To be or not to

Terra to Apply Columbus 5 Mainnet Migration

Source Node: https://news.bitcoin.com/terra-to-apply-columbus-5-mainnet-migration/
Time Stamp: September 30, 2021 8:30 AM - Modified On: September 30, 2021 - Published By:
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Terra, a top 15-ranked cryptocurrency by market capitalization, is planning to apply the Columbus 5 upgrade to its mainnet today. If everything goes according to plan, this new update will bring improvements to allow the Terra network to keep expanding. Columbus 5 will change how the network mints UST (terrausd), the main stablecoin of the blockchain, and will also bring integration with other chains, and faster transactions. Columbus 5 to Go Live Today Terra, a smart contract-enabled cryptocurrency chain, is prepared to apply the new Columbus 5 mainnet upgrade today.

Bitcoin Mining Company Greenidge to List on Nasdaq Under Ticker GREE

Source Node: https://beincrypto.com/bitcoin-mining-greenidge-nasdaq-gree/
Time Stamp: September 14, 2021 3:59 AM - Modified On: September 14, 2021 - Published By:
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The Greenidge bitcoin mining company will be listed on the Nasdaq stock exchange on Sept 15, according to an SEC filing.Sponsored Sponsored Greenidge, a bitcoin mining and power generation company that operates in New York, will be listed on Nasdaq on Sept 15. An SEC filing shows that the company’s shares will run under the GREE ticker, and the news follows a previous update that disclosed a merger transaction to be completed on Sept 14. Greenidge and Support.com, which is listed on Nasdaq, merged in March 2021. The closure of

El Salvador’s First Official Bitcoin Commercial for Chivo Wallet Airs

Source Node: https://beincrypto.com/el-salvadors-first-official-bitcoin-commercial-for-chivo-wallet-airs/
Time Stamp: September 1, 2021 5:30 AM - Modified On: September 1, 2021 - Published By:
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The first advertisement for the bitcoin wallet of El Salvador, Chivo Wallet, has been released. The ad is effectively the first government ad of this sort.Sponsored Sponsored Released on August 31, the ad is a quick explainer of bitcoin, the Chivo wallet, and the cryptocurrency’s benefits. The wallet is set to be available from September 7. https://s32659.pcdn.co/wp-content/uploads/2021/09/Chivo.mp4Chivo Wallet ad: El Salvador President Nayib Bukele’s Twitter handle El Salvador’s President Nayib Bukele announced the wallet’s release date last week, confirming that the use of bitcoin would not be mandatory. This appeased

Cardano: The ERC-20 Converter will go live on the testnet by…

Source Node: https://ambcrypto.com/cardano-the-erc-20-converter-will-go-live-on-the-testnet-by/
Time Stamp: August 27, 2021 8:30 PM - Modified On: August 27, 2021 - Published By:
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Cardano’s ADA has been trending upwards since the 20 July bottom, with the alt setting higher highs on the charts. According to most, the primary driver behind the same has been a host of significant updates within the ecosystem. The IOHK team shared more updates with the community during the most recent Cardano 360 event. In the video, Cardano’s executives announced that it would launch an ERC-20 converter to bring Ethereum assets to Cardano’s testnet. According to IOHK Project Manager Francisco Landino, the new tool is coming on the testnet

Dexalot Ready for Mainnet After Successful Testnet Launch

Source Node: https://beincrypto.com/dexalot-ready-for-mainnet/
Time Stamp: August 27, 2021 1:00 PM - Modified On: August 27, 2021 - Published By:
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What is Dexalot? Dexalot is the first decentralized exchange with a central limit order book on the Avalanche blockchain platform. Sponsored Sponsored The Avalanche community has started testing the application in early August and it will be available on mainnet in the third quarter of 2021. With functionality and interface features that rival centralized exchanges, it is fast and easy to use. Sponsored Sponsored Dexalot runs on an on-chain central limit order book reaping the inherent benefits of blockchain technology’s non-custodial, decentralized, and permissionless nature. Key characteristics of Dexalot Central

Bug in Leading Ethereum Node Software Has Caused the Chain to Fork

Source Node: https://thedefiant.io/geth-bug/?utm_source=rss&utm_medium=rss&utm_campaign=geth-bug
Time Stamp: August 27, 2021 11:32 AM - Modified On: August 27, 2021 - Published By:
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A bug in outdated versions of the leading Ethereum client for node operators, Geth, is causing forks on the chain, according to research by the Block.According to The Block, this could enable double spends on the world’s second-largest blockchain by market capitalization. Ethereum security lead Martin Holst Swende tweeted, “Fortunately, most miners were already updated, and the correct chain is also the longest (canon).”Ethereum developer who works on the Geth client, Marius Van Der Wijden, said that most retail users should be okay, particularly if they are using the most

48,000% Returns? Popping the Hood on NFT Mania

Source Node: https://thedefiant.io/nft-mania-data-prices/?utm_source=rss&utm_medium=rss&utm_campaign=nft-mania-data-prices
Time Stamp: August 27, 2021 6:17 AM - Modified On: August 27, 2021 - Published By:
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On-Chain Markets Update by Lucas Outumuro, IntoTheBlockNFT mania continues to grow, with new drops popping up everyday and Ethereum’s gas prices consistently back above triple digits. The recent wave into NFTs was further amplified by Visa’s acquisition of a CryptoPunk and Budweiser’s buy of the beer.eth domain. Prices of notable NFT collections such as CryptoPunks and Bored Ape Yacht club had already been climbing throughout the past month and accelerated this week amidst the institutional interest coming into the space. This has led to impressive growth in volumes trading at OpenSea

ZKSwap to incorporate NFT protocol ZKBox in V3

Source Node: https://ambcrypto.com/zkswap-to-incorporate-nft-protocol-zkbox-in-v3/
Time Stamp: August 27, 2021 4:05 AM - Modified On: August 27, 2021 - Published By:
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The NFT market has grown to over $2.5 billion in the second quarter of 2021 from $13.7 million in the first half of 2020. According to the 30-day data recorded by dappradar.com, OpenSea alone captured a volume of $1.564 billion. Users who use, mint, and trade NFTs on the Layer2 Ethereum network face the challenges of high costs and illiquidity due to their uniqueness and desirability on a blockchain with a limited capacity. ZKSwap and ZKBox’s partnership ZKBox is a Layer2 NFT platform based on the ZK-Rollups technology. The ZKSwap