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What Is Cryptocurrency Mining

What Is Cryptocurrency Mining

We are all familiar with cryptocurrencies. Someone heard out of the corner of the ear from the news; someone uses them in everyday life. In a continuous stream of progress, a vast number of technologies are born, into which more and more people are immersed, once far from the latest achievements of technological progress. However, it is worth...

Bitcoin Rises Amid Slowing Inflation In The US

Bitcoin Rises Amid Slowing Inflation In The US

The cost of bitcoin rose to 24 thousand dollars against the backdrop of the publication of data on a slowdown in inflation in the United States. Data from CoinMarketCap Over the past 24 hours on the Binance exchange, Bitcoin has peaked at $24.01k, up 3.6%. After the data's publication, bitcoin's price was $24,126, up 3.12%, according to CoinMarketCap. Earlier...

Analysis Of The Dynamics Of The Solana Coin (Sol)

Analysis Of The Dynamics Of The Solana Coin (Sol)

How Solana works SOL is the native token of the Solana blockchain. The main advantages of this blockchain are fast transactions and low fees. Software engineer Anatoly Yakovenko founded Solana in 2017, and after three years of development, the Sol platform and token were launched. Most cryptocurrencies use a so-called “consensus mechanism” to tie all the components together and agree on...

Users Claim High Centralization Of Shiba Inu

Users Claim High Centralization Of Shiba Inu

The well-known transaction tracker WhaleStats has published data according to which 10% of the Shiba Inu cryptocurrency (SHIB) supply is concentrated in the hands of large holders. The experts analyzed 2 thousand wallets of the leading Ethereum whales. They found out that in addition to stablecoins and Ethereum itself, market participants own many virtual assets...

The Head Of Binance Expressed Concern About The Cryptocurrency Market

The Head Of Binance Expressed Concern About The Cryptocurrency Market

The head of the leading cryptocurrency exchange Binance, Changpeng Zhao (CZ), expressed his concern about what is happening in the market. He warned investors: now it is worth refraining from significant investments. This is because some projects have recently collapsed and gone bankrupt, and trading platforms freeze their clients' funds amid sharp volatility. Zhao advised people...

Decentraland To Launch Metaverse's First Fiat ATM

Decentraland To Launch Metaverse’s First Fiat ATM

The first virtual ATM will appear in the Decentraland metaverse The Transak project partner will do this ATM will accept fiat currency and convert it to crypto The Decentraland Metaverse launches its first ATM. This is the result of their partnership with provider Transak. Decentraland Virtual ATM will support fiat payments. For them, users will be able to buy...

Uniswap Labs Proposes $74m Ecosystem Development Fund

Uniswap Labs Proposes $74m Ecosystem Development Fund

Uniswap Labs proposes to create a non-profit foundation  He will support projects aimed at developing the ecosystem The estimated budget is $74 million Some members of the community thought the figure was too high. On Thursday, August 4, the Uniswap Labs team came up with a proposal to create a non-profit foundation. He will support developers and projects...

Texas Genius Launched Tvl Solana Into Space, Creating 11 Personalities And A Fake $7.5 Billion

Texas Genius Launched Tvl Solana Into Space, Creating 11 Personalities And A Fake $7.5 Billion

Saber founder created 11 fake identities to run interconnected protocols on the Solana network. Fictional developers behind Cashio, Sunny Aggregator, TribecaDAO, and other platforms A convoluted scheme allowed Ian Macalinao to inflate TVL Solana by $7.5 billion. As part of a new investigation, it was revealed that the developers of the Saber protocol were responsible...

The deBridge Cross-chain Protocol Was Attacked By North Korean Hackers From Lazarus Group

The deBridge Cross-chain Protocol Was Attacked By North Korean Hackers From Lazarus Group

The deBridge cross-chain protocol team reported a phishing attack Malware sent out via fake email of one of the co-founders Most of the employees identified suspicious emails in a timely manner, but it was not possible to avoid compromise The co-founder of deBridge Finance announced a cyber attack on the cross-chain protocol. The hackers spoofed the email of...