Author: hotcrypto
SAN FRANCISCO, Dec. 16, 2021 /PRNewswire/ — Chainlink, the industry-leading oracle network in the blockchain industry, today announced the winners of its Fall 2021 Hackathon. The event awarded $550,000 in prizes, received nearly 290 project submissions, and recorded 7,800+ signups—double that of Chainlink’s Spring hackathon. Participants from around the world came together to showcase their passion and talent for building the next generation of hybrid smart contracts. Chainlink and the other hackathon sponsors awarded prizes to the teams that showed exceptional creativity in both their ideas and implementation, creating new use cases across verticals such as decentralized finance (DeFi), non-fungible…
Update: IOHK has responded to this article by informing CryptoSlate that the discovery is a known issue that has already been rectified by developers.The founder of Canonical, a firm specializing in Plutus smart contracts, Jonathan Fischoff, posted a public service announcement last week detailing an exploit affecting every Cardano dApp.Despite the potential ramifications of Fischoff’s findings, the Cardano community remains unfazed.But, should this development be sparking more significant concern around the viability of Cardano? Especially as Fischoff claims, patching it has consequences on smart contract design and efficiency.What are the potential ramifications?Fischoff opens his research by saying, since mid-October, this…
The Binance coin price is slightly softer on Monday following reports the crypto exchange will stop services in Singapore in February. Binance Coin (BNB) is trading at $559 (-2%) in Asian hours on Monday after the exchange announced it would cease offering services through its local site Binance.sg early next year. As of now, the exchange will not onboard new users or accept fresh deposits from existing users. However, existing customers can continue trading until the February 13th deadline. The crypto market is generally weaker this morning, led by Bitcoin, which has pulled back around $2,000 from its intraday high.…
LocalCryptos, a peer-to-peer (P2P) cryptocurrency marketplace, announced today it has added support for Bitcoin Cash (BCH) trading. This is now the fifth cryptocurrency supported by LocalCryptos. Bitcoin Cash is a fork of BTC, which means it has similar “Bitcoin script” smart contract capabilities. Unlike the LocalCryptos non-custodial escrow scripts for Bitcoin, Litecoin, and Dash, LocalCryptos leverages the “OP_CHECKDATASIG” op-code which is only available in Bitcoin Cash transactions. As with all escrows on LocalCryptos, it is technically impossible for the platform to spend BCH in escrow. LocalCryptos only will become involved when there is a payment dispute, and once involved LocalCryptos…
NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New York art gallery operator.In total, one Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs currently valued at about 615 ETH ($2.28 million) were stolen and are now not able to be traded on OpenSea.The toddkramer.eth account, which links to the Ross+Kramer Art Gallery in New York, fired off a series of tweets detailing the 16 NFTs that were stolen from his hot wallet and pleading with OpenSea and the NFT community for…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJared Madfes, Tribe Capital, joins ‘Squawk on the Street’ to discuss venture capital viewpoints on cryptocurrencies. Madfes acknowledges comparisons to the dot com bubble and volatility in the space.03:08Fri, Dec 31 202111:14 AM EST This news is republished from another source. You can check the original article here
Lee Kwang-jae, a South Korean lawmaker, recently stated that he will be accepting cryptocurrency donations starting mid-January 2022. According to the politician, this plan represents his attempt to raise awareness about cryptocurrencies and non-fungible tokens among South Koreans. Donations to Be Converted Into Korean Won A Korean lawmaker, Lee Kwang-jae, has said he will start accepting cryptocurrency donations sometime in mid-January of 2022. According to the lawmaker, anyone that wishes to sponsor his campaign will be able to do so by directly transferring funds to his office wallet. As explained in The Korean Times report, once received, the donated crypto…
Closely followed crypto analyst Michaël van de Poppe says that Aave and one additional altcoin are ready for new rallies. The analyst tells his 540,000 Twitter followers that decentralized finance (DeFi) lending and borrowing protocol Aave is trading at a significant discount while holding support. According to Van de Poppe, Aave is due for rallies. “AAVE went down almost 80% since ATH (all-time high) and support held once again. Ready for a new run.” Source: Michaël van de Poppe/TwitterThe analyst says that 2022 will be the year to watch for DeFI coins and names three other altcoins in the sector…
Most altcoins tried to recover as the bears extended their trend and capitalized on the broader sentiment. Altcoins like Polkadot and Litecoin formed a bearish flag while MANA recovered from a bearish pennant over the past day. The near-term technicals for these cryptos undeniably preferred the bears. Polkadot (DOT) TradingView, DOT/USDT DOT has rather aggressively declined after striking its ATH on 4 November. After a 17 day downfall in a descending channel, it saw a slight recovery attempt but gravitated toward the $24-mark on 3 December. Due to the recent movements, DOT formed a bearish flag on its 4-hour chart.…
El Salvador has bought 21 new Bitcoins to its cryptocurrency treasury, President of the country Nayib Bukele tweeted recently. Meanwhile, prices of major meme coins and mainstream coins have shown minimal changes on December 22, data of Coinmarketcap.com showed. The price of Bitcoin (BTC) was up 0.59 per cent in the last 24 hours and was trading at $49,017.39 at 5:30 pm IST. Bitcoin’s dominance in the crypto market is currently at 40.38 per cent, down by 0.51 per cent in the last 24 hours. Ethereum (ETH) was trading at $4,031.25 and rose 0.27 per cent in the last 24…