SOL co-founder Anatoly Yakovenko Recently, he emphasized the relationship between Solana and Ethereum by saying, “Solana is Ethereum.” The claim came in a post that revealed more about the future. Blockchain Interoperability and Solana’s It plays a role in all of that. Why “Solana is Ethereum” in post Yakovenko elaborated on his “Solana is Ethereum” comment on his With this, Yakovenko raised the following possibility. Solana and Ethereum Even if they operate different protocols and consensus mechanisms, they are interoperable. The co-founder added that this will become more feasible “as danksharding expands” because SOL blocks can be submitted to “Ethereum’s…
Author: Crypto Flexs
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Binance Coin (BNB) has surged from around $264 to over $288 in the past 24 hours, an increase of 9%, according to data from Coingecko. Binance’s flagship cryptocurrency began showing an upward trend in mid-December after a bearish month. As of press time, BNB’s market capitalization is $42.41 billion, ranking fourth. Binance Coin is in the spotlight again, with its price surging 9% in the last 24 hours. BNB remains under pressure, but investors seem to be flocking to the token amid a broad rally across cryptocurrencies. BNB was previously one of the third largest altcoins, behind Ethereum (ETH) and…
Thunder Terminal, an on-chain trading platform, recently faced a serious security incident when it admitted that a third-party compromise resulted in a $240,000 exploit across 114 wallets. Despite Thunder’s assurances that user funds are now safe, the hackers responsible dispute this claim, claiming it is “all lies” and demanding an additional ransom for user data.In an incident report published on December 27, Thunder Terminal stated that the exploit resulted in a total loss of 86.5 Ether and 439 Solana in a short 9 minutes. Attackers exploited Thunder’s data breach, which occurred eight days before MongoDB was targeted, to gain unauthorized…
Asia • December 27, 2023 3:41 AM EST Posted 1 minute ago In ~ Korea’s Ministry of Human Resources announced that it will disclose the cryptocurrency holdings of high-ranking public officials starting next year.Human Resources Department presentation Today, details of assets, including cryptocurrencies, of approximately 5,800 civil servants will be made public through the government’s ‘Public Ethics and Transparency Initiative’. system. Portal for public official registration management and asset disclosure review.The move comes after the country’s lawmakers. passed two bills In May, it made cryptocurrency assets part of the annual asset disclosure required for elected and high-ranking officials.Minister of Human…
IMF Managing Director Kristalina Georgieva warned that widespread acceptance of cryptocurrencies could undermine the country’s financial stability. Her concerns are not fundamentally different from those of other global economic institutions. One suggestion is to not classify cryptocurrencies as fiat or officially government-backed currencies. Georgieva warns of instability due to high cryptocurrency adoption rate At a digital currency conference held in Seoul on December 14, Georgieva highlighted concerns about cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), saying that their increased use could lead to central banks controlling interest rates and capital flows. They pointed out that disruption could potentially…
This article was published in Bitcoin Magazine. Sponsored by “The Primary Issue”. HIVE DIGITAL TECHNOLOGY LTD Part of Bitcoin Magazine’s “Buy The Numbers” content series. click here To get an annual Bitcoin Magazine subscription.Click here to download a PDF of this article.There are less than 30,000 blocks left until the halving, and the stakes couldn’t be higher. For many Bitcoin mining operators, this will determine the success or failure of bets made in this Bitcoin era. Did I grow up too fast? Can you handle a catastrophic drop in hash prices? Will my current energy contract cancel my operation? Bitcoin…
Multichain trading platform Thunder Terminal suffered a hacker attack after malicious actors accessed its MongoDB connection. in X post On December 27, Thunder Terminal acknowledged the breach, stating that hackers were able to access the MongoDB connection URL. This access allowed the attacker to retrieve the session token and execute a revocation on the user’s behalf. Thunder Terminal said the attack ended at 12:20 a.m. UTC on December 27 after all session tokens and transaction signing access were revoked for security reasons. accident reportAt 12:11:47 AM (UTC), suspicious withdrawals began sending through the Thunder wallet. A malicious actor accessed the…
Despite concerns about network congestion and high gas fees, Ethereum remains strong over the long term, according to Rollbit partner borovik.eth. Posted Key factors driving the positive outlook point to Ethereum’s developer ecosystem, its role in the broader blockchain ecosystem, and the launch of numerous layer 2 solutions (L2). Will layer 2 activity push ETH to new highs? Borovik.eth has maintained a deviant and bullish stance on ETH despite other layer 1 coins such as Solana (OSL) and Cardano (ADA) surging in 2023. In the analyst’s view, Ethereum’s scaling issues are manageable and developers “will permanently address these concerns in…
Besides Hong Kong, another country that has contributed significantly to the growth of the Asian cryptocurrency economy is Singapore. As the curtain draws closer to the end of 2023, Hong Kong has emerged as a significant player shaping the regulatory environment for cryptocurrency assets in Asia, The Block reported on Tuesday. Despite the many challenges faced by other jurisdictions around the world, there has been notable progress in the regulatory environment for the digital asset industry in Asia Pacific this year, with Hong Kong leading the way. Hong Kong opens borders for cryptocurrency licensing The country opened its borders in…
Worldcoin, a biometric ID and digital wallet project, now allows Minecraft server integration through one of its apps. A plugin called Luckperms, a Minecraft server mod, allows server administrators to solve the bot problem by granting access to the server only to users with World ID authentication. Minecraft integrates Worldcoin for ID verification purposes Worldcoin, an iris scan ID and digital wallet program, can now be integrated with the award-winning Microsoft-owned game Minecraft through one of its apps. The inclusion of Worldcoin into the game is focused on dealing with the “sad” problem that occurs when bot users join the…