Key Points Optimism about authorized fraud prevention has turned around as vulnerabilities are discovered in audits. A hard fork named “Granite” is scheduled for September 10th to update the Optimism network. Share this article Optimism has reverted the network to a permissioned state after a community-led audit identified several bugs, including two serious issues in the recently released permissionless fraud prevention system.The Optimism Foundation said in announcing the rollback for X that they were moving “extremely cautiously” to avoid potential instability while the vulnerability was patched.In March, Optimism began testing its fault-tolerant system on Ethereum’s Sepolia test network to strengthen…
Author: Crypto Flexs
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Peter Zhang 17 Aug 2024 04:45 The SFC is looking to streamline the investment process by starting consultations on ways to scrap mixed media proposals. According to apps.sfc.hk, the Securities and Futures Commission (SFC) has announced a public consultation on a proposal to eliminate mixed media offers (MMOs) from the investment process. The measure aims to streamline the way investment offers are presented to the public, thereby increasing efficiency and clarity. Background and rationale Mixed media offerings, where issuers can provide documents in both electronic and printed formats, have been essential in the investment…
AVAX active addresses have recently increased by 34.46%. A key support level of $19.48 could start a reversal. Avalanche (AVAX) has seen increased on-chain activity recently, which could be an indicator of renewed investment interest in the altcoin. AMBCrypto looked at Coinglass data and found that active AVAX addresses surged by 34.46%, indicating that more investors are starting to use the Avalanche network. Source: IntoTheJacket AVAX volume trading increases Along with the increase in active addresses mentioned earlier, large transactions increased by 9.45%. This often indicates an increased presence in the market of whales or institutional investors. As both retail…
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Darius Baru 17 Aug 2024 05:18 Canaan Inc. announced its participation in Rosenblatt’s 4th Annual Technology Summit focusing on AI and Bitcoin Mining ASICs. Canaan Inc. (NASDAQ: CAN), a prominent provider of high-performance computing solutions, has confirmed its participation in Rosenblatt’s fourth annual technology summit. Themed “The Age of AI,” the summit will be held virtually and will feature a panel discussion on the evolution of Bitcoin mining ASICs. Event Details According to PRNewswire, Canaan’s management will hold one-on-one meetings with institutional investors during the event. The panel discussion, titled “The Evolution of Bitcoin…
Dogwhipheart (WIF), the fourth largest crypto coin by market cap, is looking to erase the recovery it made following the crypto market crash on August 5. WIF has fallen by about 30% from its August 9 high of around $1.95, falling to $1.36 as of August 17.WIF/USDT daily price chart. Source: TradingViewWIF crashes along with other Mimecoins. The price decline of WIF is accompanied by similar declines in other top memecoins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE). For example, DOGE, the largest memecoin by market cap, has fallen by around 10% over the past nine days.Top memecoin…
August 16th How does Mi Primer Bitcoin plan to expand its Bitcoin education activities? Posted at 13:46h In education By administrator Mi Primer Bitcoin is a non-profit organization providing Bitcoin education. Originally founded in El Salvador, it has now expanded globally in over 20 countries through a decentralized “Light Node” network. This network empowers local educators to teach financial literacy and Bitcoin knowledge in their communities using Mi Primer Bitcoin’s open source curriculum materials (e.g. Bitcoin Diploma program). The organization aims to educate 100,000 students worldwide through crowdfunding via Geyser Fund, ensuring independence and adherence to its core values. Mi…
Felix Pinkston 17 Aug 2024 06:50 Learn practical social media strategies for startups, including tools to measure qualitative and quantitative success and tips for connecting with the right audience. Startups often face the daunting task of building a social media presence from scratch. According to a16z crypto, understanding both qualitative and quantitative success metrics is key to an effective social media strategy. quantitative data For startups just starting out on their social media journey, basic in-app analytics from platforms like Twitter and LinkedIn can provide essential data. Tools like Sprout Social and HubSpot can…
Brazil’s approval of the Solana ETF brings its introduction in the U.S. a step closer. Solana’s Rise Accelerates as SEC Review Application Green Light for Solana ETF Could Spark Crypto ETF Boom Brazil is once again at the forefront of cryptocurrency adoption, with the South American country’s recent approval of the Spot Solana exchange-traded fund (ETF) sending ripples through the global crypto industry, especially in the United States.Known for its lightning-fast transaction speeds and scalability, Solana has been a darling of the crypto world. Brazil’s decision to give the green light to a Solana ETF marks a significant milestone as…
Alvin Lang 17 Aug 2024 07:13 Stellar (XLM) has unveiled a composable data platform that aims to revolutionize data access and distribution across blockchain networks. Stellar (XLM) announced the launch of the Composable Data Platform, a next-generation data access solution designed to address current limitations and improve data distribution across blockchain networks.The state of the worldCurrently, the Stellar Development Foundation (SDF) operates two main products for data mediation on the Stellar blockchain: Horizon and Hubble. Horizon is an API for interacting with the network, and Hubble is a comprehensive analytics dataset. These products support…