Author: hotcrypto
In the third episode of the latest season of Tech Tonic, FT columnist and host Jemima Kelly unpacks the craze around non-fungible tokens (NFTs). Blockchain technology gave us NFTs, and NFTs have created a new way for artists to sell digital work. But NFTs have also become a breeding ground for rampant fraud and scams. And then there’s the most recent crypto crash: can NFTs survive it? Jemima hears from artist Kevin McCoy, who created an early version of the NFTs, as well as Spottie WiFi, the world’s first and only NFT rapper, and Aless Ribeiro, co-founder of Rug Pull…
Developers of meme-based cryptocurrency Dogecoin DOGE/USD have found a way to put the first ever block of DOGE on the moon.What Happened: DOGE developers “inevitable360” and Justin Scerini added a Dogecoin wallet containing an NFT of the Dogecoin Genesis Block to NASA’s Artemis I sign up. Just a reminder on what me and @JustinScerini did a few months ago to all #Doge #Dogecoin comunity. Besides some Doge, a wallet, now also an DogeCoin NFT on the Dogecoin BlockChain with the genesis block will travel inside Nasa Artemis 1 to the moon in a few hours https://t.co/vcpY9A5OO8 — inevitable360 (@inevitable360) August 28, 2022Artemis I…
The U.S. Federal Bureau of Investigation (FBI) is warning investors that cybercriminals are increasingly exploiting security vulnerabilities in Decentralized Finance (DeFi) platforms to steal cryptocurrency. “The FBI has observed cyber criminals exploiting vulnerabilities in the smart contracts governing DeFi platforms to steal investors’ cryptocurrency,” the federal law enforcement agency said. “The FBI encourages investors who suspect cyber criminals have stolen their DeFi investments to contact the FBI via the Internet Crime Complaint Center or their local FBI field office.” The public service announcement, published on the FBI’s Internet Crime Complaint Center (IC3) today, adds that out of roughly $1.3 billion…
Between 22 and 28 August, Chainlink, the widely used oracle network, noted 14 integrations of four of its services across two chains, its latest adoption update revealed. According to the same, Chainlink Proof of Reserve, VRF, Price Feeds, and Keepers saw integrations on Ethereum and Polygon chains. Posting a double-digit decline in price since the beginning of this month, the oracle’s native token, LINK, was not spared from the series of downturns that have faced the cryptocurrency market in the last 28 days. According to data from CoinMarketCap, LINK traded at $6.30 at press time, down 23% so far this…
IOG has been collaborating with Stanford for some time, said Tim Harrison, vice president of Community and Ecosystem at IOG. “Before the research hub, we previously donated $500,000 to fund their research into blockchain scalability. As one of the world’s leading academic institutions, Stanford is an ideal location for the hub,” Harrison said in an email. This news is republished from another source. You can check the original article here
Bitcoin Cash had shed 24% of its value in the previous 12 days. Leading coins like Bitcoin (BTC) and Ethereum (ETH) have also experienced double-digit losses over the past 26 days as a result of the broader market slump. BCH support present at $113.2 Bitcoin Cash key resistance spotted at $117.44 BCH price currently trades at $115.65 Bitcoin Cash has already shed 10% of its value in the last 24 hours. This, despite enjoying 40% increase In trading volume in the last 30 days. Since the start of…
A trading robot that’s earned a reputation for outperforming the markets is revealing its newest portfolio allocations as most cryptocurrencies seek to recover from an overall downtrend. Each week the Real Vision Bot conducts surveys in order to compile algorithmic portfolio assessments that generate a “hive mind” consensus. The bot’s latest data reveals that traders’ risk appetite has decreased significantly from a week ago, with most market participants voting to overweight their portfolios with 11 altcoins in addition to the top crypto assets Bitcoin (BTC) and Ethereum (ETH). Surging into first place was the dollar-pegged stablecoin US Dollar Coin (USDC)…
In briefTech entrepreneur Kevin Rose’s Web3 startup Proof is the creator of the smash NFT project, Moonbirds. The rapidly-expanding startup recently said that it would open up commercialization rights to Moonbirds and Oddities to everyone. The April launch of Ethereum project Moonbirds set the NFT space ablaze, generating $280 million worth of primary and secondary sales within two days as collectors vied for the latest buzzy profile picture sensation. But the story behind that electric debut started months earlier with the debut of the Proof Collective. Proof was the brainchild of Kevin Rose, the tech entrepreneur and venture capitalist, who…
CME Group today launched euro-dominated Bitcoin and Ethereum futures on its derivatives marketplace. The new product will complement the dollar-denominated cryptocurrency counterparts and is sized at five Bitcoin and 50 Ethereum per contract, the company said in its announcement Monday. CME Group is the world’s biggest derivative exchange. In derivatives, “futures” are a type of contract where an investor has to buy or sell the underlying asset at a given price at the expiration date. Tim McCourt, global head of equity and FX products at CME Group, said: “The launch of these new futures contracts builds on the strong growth…
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, Q is joined by Jimmy Song, author of several Bitcoin books, to discuss the problems with President Biden’s student loan forgiveness plan.Watch This Episode On YouTube or RumbleListen To The Episode Here:Q: Given the recent news and the announcement of the federal student loan program and Biden’s plans [to forgive student loans], I wanna unpack it a little bit with you…You have these student loans that in certain situations where it’s far too much, students can’t even declare bankruptcy on them. Like the loans…