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Jelurida’s Pure PoS Consensus Addresses The Sustainability Energy Issues Related To Cryptocurrencies
The rising acceptance of Bitcoin and other cryptocurrencies has led to more miners and mining activities using high-powered computers that consume more energy. Several studies conducted worldwide agree that mining cryptocurrencies is harmful to the environment and that crypto and blockchain firms should look for eco-friendly ways to power their computers for mining and processing transactions.
To address this challenge, Jelurida, the development company behind Ardor, Nxt, and Ignis blockchains, offers a sustainable solution that is efficient and interoperable while being extraordinarily environment-friendly. Compared to several other well-known PoW-based blockchains, Jelurida’s ecosystem relies on the PoS consensus protocol known for low power consumption and a limited environmental impact. Read More
Leading Crypto Aggregator Protocol OpenOcean Adds Polygon Network
Crypto aggregator protocol OpenOcean has announced that it added a Polygon blockchain aggregation to its platform.
OpenOcean is well-known in the crypto space for providing a superior trading experience to its users. By adding Polygon to its list of supported networks, OpenOcean has once again proved that it deeply cares about offering a rich trading experience to its users. The aim behind the aggregation of Polygon Network is to make it possible for OpenOcean's users to get the best prices for crypto assets with the lowest slippage across all blockchains. Read More
Ethereum's 2.0 upgrades aren't the game-changer that could bring more users
Ethereum 2.0 (Eth2) is being pegged as the blockchain Messiah of Ethereum. Newsflash: it's not. The long-awaited changes are not expected to solve core issues that are plaguing the network and forestalling wider adoption.
Vitalik Buterin, the brilliant mastermind behind the Ethereum blockchain, considers the personnel working with Ethereum as a bigger problem than the actual software, as he stated in a recent interview with Forkast news. While the personnel working on the project may or may not be problematic, it's surely not the only shortcoming. As promising as the new rollout may seem, the kind of software upgrades set to be introduced will not solve the long-term problems plaguing the network from reaching the heights Buterin and his disciples once envisioned. Read More
3 reasons why Constellation (DAG) price outperformed most altcoins this week
A pivot toward DeFi, new wallet release and low transaction costs back DAG’s rapid rally to a new all-time high.
Three reasons for the strong showing from DAG include the release of a functioning decentralized exchange, an expanding list of global partners who utilize the Constellation network to manage data, and the network’s ability to offer low-cost, highly scalable transactions.
DeFi launch brings yield to stakers - The recently launched Lattice Exchange (LTX) is an automated market maker-based decentralized exchange (DEX) that utilizes Constellation’s Hypergraph network to offer a “near-zero fee and horizontally scalable decentralized network.” Read More
ChainSwap Exploit Leads to Multi-Million Loss For DeFi Tokens
Alameda-backed ChainSwap, a platform that bridges Ethereum to Binance Smart Chain, fell victim to another attack last night.
Last night, crypto projects that had used ChainSwap to launch Ethereum tokens on Binance Smart Chain lost millions to an attacker whose address now holds about $4.4 million.
The attacker managed to take control of the projects’ BSC contracts by exploiting ChainSwap. The attacker minted tokens directly to their address, then sold them on BSC’s most popular decentralized exchange, PancakeSwap. Read More
While the Markethive Social Market Network continues to work very closely with Cardano with its integration to the Cardano Blockchain, a lot is happening with the many other facets of Cardano and IOG to further establish their presence in this evolving world of technology. Its technology can assist in a new redistribution of power and give people greater freedom, bringing the world together with a more equitable landscape.
As we anticipate the imminent rollout of Markethive’s multifunction news feed interface, gamification platform, and migration to the Cardano blockchain, I will outline some of the amazing initiatives IOG has set into motion; with the announcement of a historical event and the recognition, Cardano has received of late. This is all wonderfully exciting news putting Cardano at the forefront as one of the fastest-growing, most stable, most mature, and systematic cryptocurrency projects. Read More
FBI Warns Digital Currency Exchanges and Crypto Owners of Possible Threats
The U.S. Federal Bureau of Investigation (FBI) issued an industry-wide warning about possible attacks on exchanges and crypto holders this week. The institution declared that there are threats actively tracking virtual asset platforms in order to take hold of these assets, causing financial losses in the process. Sim swapping, account theft and tech support staff are the means to accomplish these attacks. Read More
Another Major Korean Bank to Provide Crypto Custody Services
The South Korean financial institution – Woori Bank – will reportedly enter the digital asset custody services (DACS) market.
One of the largest financial institutions in South Korea – Woori Financial Group – will offer crypto custody services to its clients. Its banking unit – Woori Bank – will launch the initiative in a partnership with the fintech solutions provider – Coinplug Inc. Read More
Young Investors Taking Big Risks To Own Bitcoin and Dogecoin, According to New UK Survey
Young British investors are taking on large financial risks to get their hands on Bitcoin (BTC) and Dogecoin (DOGE), according to a new poll by market research firm Opinium.
Opinium surveyed 1,000 UK citizens between 18 and 29 years old from June 21st to June 25th. Read More
Paraguayan MP To Test BTC Bill This Week, JPMorgan Questions Bukele's Move
Traditional financial analysts are pouring uninformed scorn on El Salvador’s President Nayib Bukele’s bitcoin (BTC) adoption plans – while a Paraguayan MP says he has backing from a senator in his bid to launch a similar project in his own country.
One of the most vocal of the Latin American lawmakers who have vowed to unveil Bukele-style legislation in their own countries says his own private member’s bill will roll out on Wednesday this week. Last month, Carlos “Carlitos” Rejala announced that he had started “on an important” BTC adoption-related “project that will help innovate Paraguay for the whole world to see.” Read More
Blockchain aims to cut transaction times in half
Blockchain technology specialist Coadjute has formally launched in the UK with the aim to provide a real-time network to speed up property transactions. Launching with the first live property deal on the network, a 3-bedroom house, Kent, Coadjute has ambitions to reduce the 5-month average process for buying and selling property by half. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
