DeFi Platform Suffers 51% Attack From Its Top Miners — or Does It? DeFi platform PegNet appears to have suffered a 51% attack in which four of the network’s top miners fraudulently created $6.7 million in stablecoins.1236 Total views 36 Total shares Drama continues to plague decentralized finance (DeFi), with Factom-based stablecoin network PegNet appearing to suffer a 51% attack that resulted in $6.7 million worth of… Bitcoin’s Taproot is ready to go, but it’s unlikely to be included in the next release The Bitcoin Improvement Proposals 340 through 342 were merged into the Bitcoin codebase on Thursday, signaling that the anticipated Taproot upgrade is ready.Taproot and the associated technology of Schnorr signatures are considered to be the most important upgrade for Bitcoin in the past year.It is primarily a privacy improvement for complex spending conditions on… Messari values Coinbase at $28 billion following IPO filing Potential listing could provide a valuation anchor, not only for future crypto IPOs but also for crypto-native exchange tokens.1108 Total views 11 Total shares Following cryptocurrency exchange Coinbase filing a draft registration for a public offering with the United States Securities and Exchange Commission yesterday, research company Messari has valued the company at $28… Major Coins Report Mixed Signals, ETC Sees Modest Gains Following Hard Fork Thursday, Sept.12 — Cryptocurrency markets are reporting mixed signals today after Bitcoin (BTC) stuck above $10,000 as it was earlier today, according to data from Coin360.Market visualization.Source: Coin360BTC is up 2.19% over the past 24 hours and is trading at around $10,302 at press time.The leading coin has seen slight volatility during… Japan’s SBI Holdings Invests in Local Crypto Exchange Applicant FXCoin Japanese crypto startup FXCoin revealed it has completed a third-party allotment of shares with financial services giant SBI Holdings.
The development, which contributes to FXCoin’s aim of launching a crypto exchange business in the country, was reported by Cointelegraph Japan on April 15.FXCoin, which currently focuses on providing market information for investors, was founded in… Russia Officially Lifts Its Two-Year Telegram Ban Russia’s Federal Service for Supervision of Communications, Information Technology and Mass Media has officially lifted the ban on Telegram.1856 Total views 15 Total shares After years of unsuccessful efforts to ban Telegram in Russia, local authorities have finally decided to cancel the ban on the major encrypted messenger in the country.Russia’s Federal Service for… Steve Wozniak Co-Founds Blockchain-Based Energy Saving Firm in Malta Steve Wozniak, co-founder of American tech giant Apple, has invested in a new blockchain-based company headquartered in Malta.Wozniak is now the co-founder of energy efficiency company Efforce, according to a report by Maltese news daily The Malta Independent on July 18.Wozniak co-founded the company alongside Jacopo Visetti, who — according to his LinkedIn profile… Binance Supports Algorand’s v2.0.2 Upgrade, Halts ALGO Deposits Algorand, a decentralized blockchain network developed by the eponymous American blockchain firm, is expected to upgrade to version 2.0.2 today.The upcoming network upgrade is poised to increase the amount of time for nodes to upgrade to new consensus versions after voting thresholds have been met, as announced on Dec.13.Scheduled for 10:00 AM ET on… Pragmatism: The true key to unlocking crypto mass adoption When Bitcoin (BTC) launched in 2009, it was motivated by the distrust of financial institutions and their fees and the inflationary practices by central banks during the Great Recession.Bitcoin was supposed to usher in an era of decentralization, financial inclusion and democratization.Yet more than a decade later, with Bitcoin prices surging, we’re witnessing the… Leave a Reply You must be logged in to post a comment.Search.
