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Search Results for: CZ

Signifty Believes NFTs Can Effect Social Good With the Help of the Great and Good

What are NFTs for? Flaunting on social media? Gaining admission to exclusive avatar clubs? Flipping for spectacular profit? Up until now, these have been the primary use cases for non-fungible tokens. But like any nascent technology, it can take time for the market to figure out how best to utilize

August 30, 2022 3 mins read

Binance CEO Optimistic of Bitcoin Prices Despite Recent Fumble

After starting the month at $24,000, the Bitcoin/US Dollar pair has lost 14% this month. CZ mentioned that it’s been five years since bitcoin hit $20k for the first time. If current trends continue, Bitcoin (BTC) might have its worst August performance since the 2015 bear market next month. According

August 28, 2022 2 mins read

Binance Signs MoU With City of Busan To Promote Blockchain

The trading platform will help promote the Busan Digital Asset Exchange. Binance and Busan will also share their respective order books. The arrival of Binance, the biggest cryptocurrency exchange in the world, in South Korea is eagerly anticipated. Binance has inked a memorandum of understanding with the city of Busan

August 26, 2022 2 mins read

ARK Invest Analyst Reveals Bitcoin Transactions Crossed $100T

The network’s overall cumulative activity amounts to almost $7.3 trillion. The statistic doesn’t cover exchanges between a user’s own wallets. Without a doubt, 2022 was a terrible year for Bitcoin (BTC), and Q2 was the worst for the king of crypto. The interest in cryptocurrencies, though, keeps rising. David Puell,

August 25, 2022 2 mins read

Binance’s CCO Warns of New Con Technique Using Hologram

According to Hillmann, hackers created an AI (artificial intelligence) hologram. Hillmann did not reveal the cryptocurrency projects that were the focus. Fraudsters and hackers are become more sophisticated by incorporating new technologies into their operations. Last week, Binance’s CCO, Patrick Hillmann, revealed a unique and complex method by which attackers

August 23, 2022 1 min read

Hackers Target Bitcoin ATMs Using Zero Day Exploit

The corporation has urged ATM operators to update their software immediately. The CAS admin interface should be accessible only from trusted IP addresses. On Thursday, hackers used a zero-day exploit to gain access to the servers of Bitcoin ATM maker General Bytes, changing the default administrators to themselves and resetting

August 22, 2022 2 mins read

Ethereum Name Service Hit Record-Breaking 2M Registered Users 

Currently, over two million users registered for name and lookup services. There have been 2,008,833 ENS names. A new record was made by the Ethereum Name Service. Over two million people have registered for name and lookup services.  2m ENS names created!! 🎉 it took 5 years to get to

August 18, 2022 2 mins read

Ethereum 2.0 Aims to Address Major Flaws and Make a Huge Shift Towards Supremacy

Ethereum 2.0’s resource efficiency may be improved with the addition of sharding. Proof-of-work systems are notoriously inefficient, and this is intentional. The Bitcoin blockchain, the so-called master of all cryptocurrencies, is showing its age. The inability to scale is only one of several problems it has in the actual world.

August 16, 2022 3 mins read

DeFi Protocol Acala Network Hacked of 1.2B AUSD Stablecoin

The Polkadot parachain Acala implements the Horizon cross-chain stablecoin protocol. The attackers’ excessive minting of aUSD stablecoin caused its value to plummet. Many people see Polkadot as the next logical step for Ethereum’s ecosystem. While it has shown promise in certain respects, a major attack was discovered today using one

August 14, 2022 2 mins read