Blockchain Financial News
27.12 / 19:15
Blockchain
UPS
Dash
Shiba Inu Price Prediction as Original Dog Behind Meme Becomes Unwell – Sell-Off Incoming?
Shiba Inu price hangs in the balance following news that Pumpkin, the original dog behind the meme coin, is unwell. The dog's state touches the community, with most wishing her a quick recovery. Some enthusiasts are offering to pay for the dog's medical expenses.
27.12 / 18:49
Blockchain
education
students
Crypto can help teach children about personal finance
Being financially literate means understanding how skills like money management, budgeting, and investing can be used to make effective financial decisions. The sooner these skills are adopted in life, the greater the number of opportunities for accruing wealth. Unfortunately, the education system severely lacks teaching the financial literacy and application skills we need to succeed, and we are still learning how this affects economics on a larger scale.
27.12 / 18:49
Blockchain
Technology
hacks
Exploit
BitKeep CEO says some users’ private keys remain at risk after exploit
According to a letter posted on Chinese blockchain news publisher Odaily.com on Dec. 27, Kevin Como, the anonymous CEO of BitKeep, warned that users’ private keys are still at risk after a security incident on Dec. 26 led to over $13 million in losses at the time of publication. BitKeep is one of the more popular noncustodial, decentralized finance multichain wallets with over 6 million users. Specifically, Como wrote:
27.12 / 16:35
Blockchain
UPS
Bitcoin
Crypto self-custody faces hurdles before widespread adoption
The recent crash of centralized crypto exchange behemoth FTX has again brought the original intent of Bitcoin founder Satoshi Nakamoto to the fore. Nakamoto’s original goal, brought about by the 2008 subprime mortgage mess, was the elimination of “trusted third parties” such as banks. Traditional finance and all its bells and whistles suddenly became pariahs in the blockchain community. People could supposedly safe keep their money themselves without the need for anyone to do it for them.
27.12 / 16:35
Blockchain
UPS
Waves
Digital
The phygital fashion revolution
Web3 is making waves in the world of fashion. This technology has the potential to revolutionize the way we shop, create and engage with fashion in a way that is more inclusive, sustainable and fun.
27.12 / 15:45
Blockchain
Adoption
Backed
Financial
Russia's largest bank issued gold-backed digital financial assets
Russia’s largest bank Sber — formerly known as Sberbank — reported the first issue of gold-backed digital financial assets (DFAs). The bank considers DFAs to be a “great alternative” to investments amid dedollarization.
27.12 / 14:33
Blockchain
UPS
Platform
Metro
Metropoly Is Planning to Disrupt the Real Estate Industry Through the Blockchain: Is It the Best New Token of December 2022?
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
27.12 / 10:09
business
Blockchain
Adoption
Bitcoin Price
NOT
Bitcoin ASIC miner prices hovering at lows not seen in years
Bitcoin ASIC miners — machines optimized for the sole purpose of mining Bitcoin — are currently selling at bottom-of-the-barrel prices not seen since 2020 and 2021, in what is being viewed as another sign of a deepened crypto bear market.
27.12 / 07:07
business
Blockchain
Ethereum
Adoption
DeGods and Y00ts NFTs are bridging off Solana. Here's why
Nonfungible token (NFT) firm Dust Labs is migrating its two top-performing Solana NFT projects — DeGods and y00ts — onto Ethereum and Polygon in a bid to expand their adoption.
27.12 / 01:37
business
Blockchain
Technology
Investments
network
Near Project’s Octopus Network lays off 40% of its staff amid crypto winter
Octopus Network, a decentralized app chain network natively built on NEAR Protocol, has announced that it will be “refactoring” to adapt to current market conditions.
26.12 / 22:47
Blockchain
How to Crypto
reserves
What are proof-of-reserves audits, and how do they work?
With the rising interest in digital assets from institutional and retail investors, custody options have also experienced parallel growth. As a result, different kinds of custody choices have evolved as the market changes, and new providers are working to establish the structures and controls that are most effective for particular markets and offerings.
26.12 / 20:57
business
Blockchain
Altcoin
expansion
Andre Cronje says Fantom will focus on DApp ecosystem expansion in 2023
In a new Medium post published on Dec. 26, decentralized finance architect Andre Cronje reaffirmed the goals and priorities for the Fantom ecosystem in 2023. Cronje, who previously created protocols such as Yearn.finance and Keep3rV1, also revealed that he accepted a position as a board member for both Fantom Foundation Ltd and Fantom Operations Ltd, which oversee the namesake directed acrylic graph ecosystem.
26.12 / 17:41
Blockchain
defi
hacks
exit
Defrost Finance offers 20% payment to hackers as CertiK claims project is an 'Exit Scam'
On Dec. 26, blockchain security firm CertiK issued a warning alleging that Defrost Finance, a decentralized leveraged trading platform on the Avalanche Blockchain, is an "Exit Scam." In supporting the decision, CertiK wrote:
26.12 / 15:53
Blockchain
Bitcoin
Bitcoin Price
Crypto community expresses Christmas market sentiments: 'No Santa rally'
Traders looking forward to a rally during Christmas were disappointed as the markets turned out to be steady as many celebrated the holidays. Crypto community members expressed their disappointment by sharing memes, with some even employing their creativity through poetry.
26.12 / 11:21
Blockchain
defi
Hackers
hacks
Exploit
Hackers drain $8M in assets from Bitkeep wallets in latest DeFi exploit
While many are still enjoying the holiday season, hackers are hard at work, draining around $8 million in an ongoing BitKeep wallet exploit.
26.12 / 10:19
Blockchain
Ethereum
Gaming
Bitcoin
4 ‘emerging narratives’ in crypto to watch for: Trading firm
Despite an eventful year fraught with crypto collapses and price drops, Steven Goulden, a senior research analyst at crypto trading firm Cumberland has pointed to several “green shoots” to break the surface in crypto in 2023.
25.12 / 19:41
Blockchain
Decentralization
Internet
DNS
What are Handshake (HNS) domains, and how do they work?
A particular topic of interest in the blockchain space is the emergence of blockchain-related projects in the domain name system (DNS) and domain ecosystem. Handshake, in particular, has been gaining attention among decentralized technology enthusiasts for its potential to revolutionize how people think about and interact with domains, especially in the context of Web3.
24.12 / 18:31
Blockchain
Binance
regulation
Bitfinex
Crypto can get weird: The 5 strangest stories of the industry in 2022
From Terra to FTX, 2022 has given us many weird crypto stories. While investors have been enduring a bear market that saw the crypto industry sink below the $1 trillion market capitalization mark, adoption in the space has been growing, and old mysteries were finally solved.
24.12 / 00:33
Blockchain
defi
Chain
Bridge attacks will still pose a major challenge for DeFi in 2023: Security experts
Security has been a critical challenge for decentralized finance (DeFi) and its evolution. Between 2020 and 2022, hackers stole over $2.5 billion through vulnerabilities on cross-chain bridges, Token Terminal data shows. Compared to other security breaches, this is a substantial amount.
23.12 / 20:37
Blockchain
UPS
Provident
Platform
Time
Move-to-Earn Crypto FightOut Blasts Past $2.7 Million Raised in Presale – Time to Invest
Over the course of 2022, there have been a range of problems for projects across the crypto space, with prices having falling significantly from their all-time highs at the end of 2021.
23.12 / 19:33
Blockchain
Provident
Platform
How Raffle Systems Built On Blockchain Provide Full Transparency
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
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