Blockchain Archives - Page 18 of 27

Terra Tokens (LUNC And LUNA) To Be Listed By Poloniex Exchange On The 17th Of August

16Aug

By Cryptolifedigital1 Comment

Blockchain

Terra Tokens (LUNC And LUNA) To Be Listed By Poloniex Exchange On The 17th Of August

The Terra ecosystem is called to anticipate the enlisting of its tokens Terra (Terra (LUNA) and Terra Classic (LUNC)) by a giant cryptocurrency exchange, poloniex. The exchange stated, “We’re excited to welcome Terra (LUNA) and Terra Luna Classic (LUNC) to Poloniex.” The update was revealed via poloniex’s official website. It is interesting that despite the recent Terra collapse when all think all hope is gone, Poloniex announces support for its tokens. The Poloniex stated: .blockspare-9ab56878-3664-4 .blockspare-block-container-wrapper{background-color:#f9f9f9;padding-top:20px;padding-right:0px;padding-bottom:20px;padding-left:0px;margin-top:30px;margin-right:0px;margin-bottom:30px;margin-left:0px;border-radius:null}.blockspare-9ab56878-3664-4 .blockspare-image-wrap{backgroun...

New Partnership Is Announced Between IOG And NMKR To Create Easy Path For Everyone To Mint And Engage With NFTs

16Aug

By CryptolifedigitalNo Comments

Blockchain

New Partnership Is Announced Between IOG And NMKR To Create Easy Path For Everyone To Mint And Engage With NFTs

Another partnership between the IOG, the company behind the Cardano blockchain, and the NMKR, the best NFT minting and payment infrastructure on Cardano was announced to increase the awareness and the adoption of NFTs. The update was revealed via the official Twitter handle of the parties. https://twitter.com/nmkr_io/status/1559238593884798976 https://twitter.com/IOHKMedia/status/1559238496467841024 Benefits Of The Partnership The new collaboration will create a platform for an easy path for everyone to mint and engage with NFTs. in this view, the NMKR is building the technology on the Cardano blockchain, making provision the minting services, white label NFTs and NFT-related services between Cardano and other ledger technologies. Read Also: BabyDoge's Swap Facility ...

A 29 Years Old Man Is Arrested As A Suspect Developer Working For Tornado Cash But The Identity Is Still Unknown

15Aug

By Cryptolifedigital1 Comment

Blockchain

A 29 Years Old Man Is Arrested As A Suspect Developer Working For Tornado Cash But The Identity Is Still Unknown

A recent update revealed that a 29 years old man has been arrested on Wednesday. The identity of the man is still unknown as the Dutch police took him as a suspect working as a developer for Tornado Cash. According to the Dutch Fiscal Information and Investigation Service: .blockspare-884e0c8d-7ff7-4 .blockspare-block-container-wrapper{background-color:#f9f9f9;padding-top:20px;padding-right:0px;padding-bottom:20px;padding-left:0px;margin-top:30px;margin-right:0px;margin-bottom:30px;margin-left:0px;border-radius:null}.blockspare-884e0c8d-7ff7-4 .blockspare-image-wrap{background-image:} He is suspected of involvement in concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies via the decentralized Ethereum mixing service Tornado Cas...

Do Kwon Says, Terra Was Created To Be an Industry’s Standard, Built As A Stablecoin And Not To Scam People

15Aug

By Cryptolifedigital2 Comments

Blockchain

Do Kwon Says, Terra Was Created To Be an Industry’s Standard, Built As A Stablecoin And Not To Scam People

The CEO and founder of Terraform Labs, Do Kwon has now admitted to his shortcomings in a recent sole interview. Do Kwon’s personality was seriously put under pressure owing to the May Terra collapse and the algorithm stablecoin TerraUSD (UST). According to Kwon’s video interview with Coinage Media, hosted by Zach Guzman dubbed “inside Crypto’s Largest Collapse”. The short video interview was aired to prepare the people that have longed to see Do Kwon talking about the Terra collapse. https://twitter.com/zGuz/status/1558851374619803649 Do Kwon said that the Terra was not created to scam people but to be a stablecoin, although it failed to be stabled. “…It was supposed to be a stablecoin but didn’t remain stable. It was started to become industry’s standard, I b...

The South Korean Crypto Exchanges To Compensate Investors For Their Loss In The Course Of Terra Collapse

10Aug

By CryptolifedigitalNo Comments

Blockchain

The South Korean Crypto Exchanges To Compensate Investors For Their Loss In The Course Of Terra Collapse

As a result of Terra's collapse, the South Korean institutional and retail investors lose a huge amount of capital. The cryptocurrency exchange in South Korea met and announced the plan to compensate the investors in that region. Owing to the crash, the investor lost billions which led to the promise mentioned earlier by the cryptocurrency exchange which includes Upbit and Korbit. Read Also: Ethereum PoW Manifesto Reveals Their Plan To Abolish EIP-1559 As Merge Approaches And The Ethereum's Buterin Stands To Defend The Tornado Cash Read Also: Nigeria And Some Crypto-Restricted Regions Can Now Pay Their Utility Bills Via Cryptos Like BTC And ETH: Manila Finance The total compensation from both exchanges in May accounts for approximately $30 million. .blockspare-d803f580-9222...

Do Kwon Suggests Decentralized Money For The Crypto Space And The Crypto Community Attacked Him Instantly

9Aug

By Cryptolifedigital5 Comments

Blockchain

Do Kwon Suggests Decentralized Money For The Crypto Space And The Crypto Community Attacked Him Instantly

Unfortunately, the Terraform labs CE, Do Kwon’s belief in the crypto did not sound well into the earing of the Twitter community. Do Kwon stated: “Decentralized networks need decentralized money – obvious today more than ever,” Following his tweet, the crypto community did not waste time responding to his unpalatable belief, he turned off the comment session, but the member made use of the quote tweet to express their feelings. https://twitter.com/Mounia_NL/status/1556860848676769793 The whole scenario burned down to Do Kwon’s attempt at decentralized money which went bad for many and they were convinced that he has defrauded them. The UST which ought to fill the decentralized money gap being supported by Bitcoin reserves caused LUNA and UST holdings held by investors to bec...

Chainlink Says It Will Not Support The Fork Version Of The Ethereum After The Merge

8Aug

By Cryptolifedigital1 Comment

Blockchain

Chainlink Says It Will Not Support The Fork Version Of The Ethereum After The Merge

According to the leading smart contracts infrastructure provider on the Ethereum network with an important footprint in DeFi, enterprise, and NFT/gaming arena, Chainlink has announced that the contentious fork after the merge will not be possible as this is in alignment with both the Ethereum Foundation's and the Ethereum community’s plan to upgrade from the former proof-of-work to the coming proof-of-stake. Read Also: Over 70,000 Holders Have Joined The Class-Action Lawsuit Against The SEC, Victory Is Ascertained For Ripple Read Also: Ethereum's Vitalik's Proposal To Add A Significant Amount Of Privacy To The NFT Ecosystem Has Triggered A Debate On Transparency In The Blockchain This is said, as the blockchain security experts point to the possibility of the ETH holders getting ...

Ethereum’s Vitalik’s Proposal To Add A Significant Amount Of Privacy To The NFT Ecosystem Has Triggered A Debate On Transparency In The Blockchain

8Aug

By Cryptolifedigital2 Comments

Blockchain

Ethereum’s Vitalik’s Proposal To Add A Significant Amount Of Privacy To The NFT Ecosystem Has Triggered A Debate On Transparency In The Blockchain

As stated by Ethereum’s founder, Vitalik Buterin on his Twitter handle, giving his view on the need for more privacy in sending NFT to Vitalik.eth anonymously to everyone except him. Although, while a good number of people showed interest in blockchain because of its level of privacy, there are bad eggs that use the advantage to perform all kinds of hacks through the Tornado Cash developed by Ethereum. https://twitter.com/VitalikButerin/status/1556548617636556800 It is known while Butering was proposing the lightweight technology, the original author of the proposal Nerolation opts to use Zero Knowledge technology. Read Also: ApeCoin Now Becomes A Global Payment Method Via BitPay Read Also: Everest Partners With Bitso To Allow The Everest Users To Do Cross-border Payment ...

Everest Partners With Bitso To Allow The Everest Users To Do Cross-border Payment From XRP, BTC And Other Cryptos To Mexican Peso

6Aug

By Cryptolifedigital2 Comments

Blockchain

Everest Partners With Bitso To Allow The Everest Users To Do Cross-border Payment From XRP, BTC And Other Cryptos To Mexican Peso

Latin American-based cryptocurrency platform, Bitso partners with Everest, the first licensed cryptocurrency custodian offering stablecoins to allow Everest users, Mexican receives funds in their native fiat. The update was made known through Everest’s Twitter handle. https://twitter.com/EverestDotOrg/status/1554932515173015554 As said earlier, the collaboration will allow the Everest users to receive cross-border transactions from Europe, the US, and Singapore into their native country, Mexico. Read Also: ApeCoin Now Becomes A Global Payment Method Via BitPay Read Also: Vitalik Buterin Says "I Don’t Expect Ethereum To Be Significantly Affected By Another Fork" Interestingly, the Mexico-US corridor is the second-largest international payment corridor globally, wi...

Solana’s Exploit Was Isolated To One Wallet On Solana, And Hardware Wallets Used By Slope Remain Secure

4Aug

By CryptolifedigitalNo Comments

Blockchain

Solana’s Exploit Was Isolated To One Wallet On Solana, And Hardware Wallets Used By Slope Remain Secure

Since the attack that occurred in the Solana block on 3rd August, the developers have been on a serious investigation alongside the ecosystem teams and security auditors. As previously reported by Cryptolifedigital on the 3rd of August, The exploit reportedly happened before 5 am and as of 5 am UTC approximately 7,767 Solana wallets have been affected. Read Also: SEC Disagrees With The Ripple's Request To Serve Two Non-Parties Subpoenas To Authenticate Seven Copies Of Video Recordings Of SEC Officials’ Public Remarks Read Also: Shiba-Inu-themed blockchain-based restaurant, Welly Is Now The Most Eaten Fast-food On The UBER EATS With immediate effect, Solana teams, the Engineers from multiple ecosystems, with the help of several security companies investigated the rained wallets...