According to Fraser Edward, the CEO and co-founder of the public permissionless network, Cheqd, one of the main hurdles faced when attempting to move data stored on Web2 servers to Web3 is “establishing a clear and scalable revenue model.” Edward however suggested overcoming this hurdle will unlock new use cases which facilitate economic activities within…
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As bitcoin enthusiasts commemorate Bitcoin Pizza Day, marking the 13th anniversary of Laszlo Hanyecz’s acquisition of two pizzas for 10,000 BTC on May 22, a dormant sleeping bitcoin wallet from July 2010 has made a transaction of 50 BTC after almost 13 years. Bitcoin Wallet From 2010 Comes Out of Hibernation on Bitcoin Pizza Day…
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It’s always been possible to store arbitrary data alongside blockchain transactions, but NFTs on Monero introduce a slew of new concerns. Nonfungible tokens (NFTs) are finally on the most infamous privacy-focused blockchain, but not everyone is happy about it. Mordinals, or Monero Ordinals, are similar to Bitcoin Ordinals in that they allow anyone to inscribe…
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Asking exchanges to identify users might seem like a minor inconvenience, but could it drive DeFi firms overseas, and would crypto users even care? Cryptocurrencies were designed to be anonymous or pseudonymous, so there is an inherent tension when protocols come up against jurisdictional authorities. In the United States, the blockchain and cryptocurrency sector has…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Poloniex to Pay $7.6M in Settlement with US Authority, Complaint Alleges Coinbase Violated Illinois’ Biometric Information Privacy Act, 3AC-founders’ OPNX Reprimanded by Dubai Regulator Read more »Sign up…
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Ron Stoner is the Head of Security at US-based crypto security specialist Casa.__________ Operational security, or OPSEC, is the process of performing risk management by defining what information you are trying to secure, what is required to achieve that goal, and then taking the practical steps required. The philosophy behind OPSEC primarily focuses on thinking…
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As the Bitcoin Cash enthusiasts brace themselves for the much-awaited upgrade that vows to unleash decentralized applications, General Protocols revealed a complete production release of its decentralized hedging application, boasting a doubled contract size. Meanwhile, those utilizing the privacy-boosting protocol Cashfusion have fused over 17.4 million bitcoin cash since its inception, equivalent to a staggering…
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The plugin will allow the AI chatbot to check wallet balances, transfer tokens and purchase NFTs when OpenAI makes plugins more widely available. Solana (SOL) users will soon be able to interact with the network through an open-source plugin enabled on OpenAI’s artificial intelligence (AI) chatbot, ChatGPT. The plugin will allow ChatGPT to check wallet…
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Jeremy Sheridan claimed FTX users could become the targets of physical harm as well as attacks through online scams if their information was disclosed. Jeremy Sheridan, former assistant director of the United States Secret Service Office of Investigations, has warned that certain FTX customers could become targets if their personal information were to be made…
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The American credit reporting agency is teaming up with Spring Labs and Quadrata for a new service that should make DeFi borrowing easier and less risky. TransUnion, one of the three major United States credit reporting agencies, announced on April 20 that it would begin supplying credit scoring to public blockchain networks. Off-chain credit data have…
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