Lawrence Jengar Aug 9, 2024 05:57 The IOTA Foundation has unveiled a prototype of a digital product passport for electronics, increasing transparency and sustainability across their life cycle, from manufacturing to recycling. According to the IOTA Foundation blog, the IOTA Foundation has launched a new Digital Product Passport (DPP) prototype that aims to revolutionize the electronics industry by providing a transparent and traceable record of electronic devices from manufacturing to recycling. Enhancing Recycling Using IOTA Technology As part of the European Blockchain Pre-Commercial Procurement funded by the European Commission, IOTA has developed two pre-commercial…
Author: Crypto Flexs
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The legal battle surrounding Tornado Cache developer Alexey Pertsev has reached a critical point as he seeks additional funding to continue his fight for privacy and freedom to publish code. According to accounts from Pertsev and Roman Storm, Pertsev, who was arrested two years ago and embroiled in a dangerous legal dispute, now faces an uphill battle with government forces that have poured enormous resources into his prosecution.The support account highlighted Pertsev’s dire financial situation, noting that he had run out of funds. “It’s time to stand up for Alexei and fight for what’s right,” the account said, highlighting the…
Tier 1 • August 11, 2024 6:00 PM EDT Posted 1 minute earlier ~ in According to block explorers, Canto, a Cosmos-based layer 1 blockchain, experienced an outage on Saturday following the “Callisto” upgrade, which caused its mainnet to go down at approximately 6:43 p.m. UTC. The blockchain was unable to process new transactions after the outage. On Sunday afternoon, Canto’s X account acknowledged the outage and attributed the downtime to a “consensus issue.” Canto said an upgrade designed to address the issue would be implemented on Monday at 12:00 UTC and assured users that their funds were safe. Canto…
Two under-the-radar altcoins are surging ahead of the surge on Coinbase, the largest U.S. cryptocurrency exchange. Coinbase Assets has announced that it is adding interoperable layer 1 blockchain ZetaChain (ZETACHAIN) and cross-chain bridge Across Protocol (AVX) to its listing roadmap. Coinbase’s listing roadmap was created in 2022 as a means to increase transparency and discourage front-running. Whenever Coinbase decides to add a new asset, they first communicate the decision via their roadmap. Dubbed “the first general-purpose blockchain,” ZetaChain is an interoperable Ethereum Virtual Machine (EVM) that allows developers to build decentralized applications (dApps) on multiple blockchains, including Bitcoin (BTC), Cosmos…
Terryl Dickey Aug 9, 2024 06:26 Starknet, a layer-2 scaling solution for Ethereum, now integrates with Dune Analytics to improve data accessibility. According to dune.com, Starknet, a prominent Layer 2 scaling solution for Ethereum, has successfully integrated with Dune Analytics. The integration aims to improve data accessibility and provide users with more comprehensive insights into the Ethereum network. The importance of integration The integration of Starknet and Dune Analytics is a major advancement for both platforms. Starknet is designed to improve the scalability of the Ethereum blockchain by enabling faster and cheaper transactions. With…
Bitcoin (BTC) has recovered sharply from its weekly low of $50,000, signaling aggressive buying at lower levels. This is a bullish signal, but veteran trader Peter Brandt thinks the selling is not over yet. Brandt said in a post on X that there is a 50% chance that Bitcoin will fall below $40,000.However, the Bitcoin bull-bear market cycle indicators that had been turning negative have turned bullish again. “Several Bitcoin on-chain cycle indicators that were on the borderline have now turned bullish again,” CryptoQuant founder and CEO Kiyoung Joo said in a post on X. Crypto Market Data Daily View.…
Bitcoin (BTC) has recovered sharply from its weekly low of $50,000, signaling aggressive buying at lower levels. This is a bullish signal, but veteran trader Peter Brandt thinks the selling is not over yet. Brandt said in a post on X that there is a 50% chance that Bitcoin will fall below $40,000.However, the Bitcoin bull-bear market cycle indicators that had been turning negative have turned bullish again. “Several Bitcoin on-chain cycle indicators that were on the borderline have now turned bullish again,” CryptoQuant founder and CEO Kiyoung Joo said in a post on X. Crypto Market Data Daily View.…
Ethereum Layer 2 network Starknet (STRK) has been struggling since its token launch in February. This problem is one of the reasons why only 8% of STRK holders are making a profit. Despite the decline, it appears that cryptocurrency holders are determined to test the waters by avoiding selling. Meanwhile, this on-chain analysis reveals more. Starknet, hoping to reclaim lost property A few days ago, Starknet announced the successful launch of the Parallel Execution and Block Packing upgrades on Testnet. The upgrades, which aim to reduce gas fees and achieve 2-second block confirmation times, will go live on Mainnet on…
OKX CEO Star Xu today responded to public calls from users to refrain from using the exchange, reiterating that the exchange will terminate user accounts found to be trading with “sanctioned entities” such as Tornado Cash and Garantex.pee Wrote User accounts that deposit funds from or withdraw funds from OKX to sanctioned entities “will trigger compliance risk controls, resulting in account closure,” Xu said in a post. Xu cited Russian exchange Garantex and cryptocurrency mixer Tornado Cash as examples of sanctioned entities.Xu’s statement came after user Satoshi Friends made the announcement. Said On X, he told his followers that users…
Timothy Morano 09 Aug 2024 13:52 a16z crypto provides an in-depth guide to token rights design, issuance, and management, covering essential strategies and best practices. According to a16z Crypto, tokens are the cornerstone of web3 technology and represent a new digital primitive. As the industry evolves, there are numerous aspects and best practices that need to be carefully considered when it comes to token design, issuance, and rights management. Token Dos and Don’ts In this podcast episode featuring Eddy Lazzarin, Miles Jennings, and Robert Hackett, a16z crypto explores the fundamentals of token design and…