Tag: Blockchain Data

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Standardization of Blockchain Data Format Enhances Interoperability Between Chains – Nick Yushkevich

April 3, 2024

According to Nick Yushkevich, standardization of blockchain data formats is crucial as it enhances the interoperability of distinct protocols and fosters broader adoption of the technology. Yushkevich, the director of product at blockchain infrastructure provider Quicknode, added that such standardization helps to improve communication between systems. Unlocking the Full Potential of Blockchain Data Yushkevich stated…
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Wall Street Journal corrects article misciting Hamas’ crypto terrorism funding data

October 28, 2023

Elliptic, the firm which Wall Street Journal sourced the data from, said it was “pleased” to see the news outlet acknowledge its mistakes. The Wall Street Journal (WSJ) has partially corrected an article whic mischaracterized the extent to which Hamas and other militant groups have been funding its terrorism activities with cryptocurrencies. The Oct. 10…
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Multichain Executor has been ‘draining’ AnySwap tokens: Report

July 12, 2023

The contract has used an “anySwapFeeTo” function to transfer hundreds of thousands of dollars worth of tokens to itself, which on-chain sleuth Spreek suspected may have been malicious. A person is using the Multichain Executor to drain tokens associated with the AnySwap bridging protocol, according to a July 10 report from on-chain sleuth and Twitter…
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‘I’ve done nothing wrong’ — Lark Davis denies ‘pump-and-dump’ allegations

September 30, 2022

Davis claimed he received nothing for free from the projects it’s alleged he profited from, and the amounts he sold weren’t enough to “dump the price.” Crypto influencer Lark Davis has refuted new allegations from Twitter “on-chain sleuth” ZachXBT of shilling “low cap projects” to his audience “just to dump them shortly after.” Davis was…
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Illicit crypto usage as a percent of total usage has fallen: Report

June 14, 2022

A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline. Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity, according to blockchain forensics firm CipherTrace. The cryptocurrency industry has…
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