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Wednesday, August 17, 2022

Mccauley Whyte

152 articles

Main Types of the Most Popular Hacking Attacks During IDO

Source: AdobeStock / JaRiRiyawatDima Dimenko is the co-founder of 111PG, a community of crypto protection-focused Ukrainian white hackers.__________Hacking attacks can cause massive financial and reputational damages during the Initial Dex Offerings (IDOs). This is why protection against these types of attacks should be a priority of the token issuers. The preventative measures allow for minimizing

Most Bitcoin Use Happens During European and US Business Hours

Source: Adobe/SoniaBonetMost of the activity on the Bitcoin (BTC) network now happens during European and US business hours, with a notable drop in the share of activity happening during Asian hours, a new report from the crypto analytics firm Coin Metrics has found.Judging from the findings in the report, use of the Bitcoin network in

Solana Team Set to Open Doors of a Physical Store in New York to Promote Solana and Web3

Source: Solana Spaces / TwitterThe team behind open-source blockchain Solana (SOL) is readying to open its physical store in New York City, USA, to the public, in a bid to promote the Solana blockchain and Web3 at large.The store, dubbed Solana Spaces, is located at a mall in Hudson Yards and was launched in collaboration

US GDP Slips Again, Another DeFi Protocol Attacked, Zipmex Seeks Protection + More News

Source: Adobe/NuthawutGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________Economics newsUSD gross domestic product (GDP) decreased at an annual rate of 0.9% in the second quarter of 2022, following a decrease of 1.6% in the first quarter, according to the “advance” estimate

Top NFT Collections Rise in Price After Latest US Fed Hike

Source: AdobeStock / whitehouneFloor prices of some of the most popular collections of non-fungible tokens (NFTs) rose over the past 24 hours, as the US Federal Reserve (Fed) on Wednesday announced yet another rate hike in line with what the market was expecting.According to the NFT data provider DappRadar, the floor prices of the popular NFT

Bitcoin Tests USD 23,000, Ethereum and Altcoins Rally

Bitcoin price gained 10% and moved above the USD 23,00 resistance.Ethereum rallied 16% and surpassed USD 1,600, XRP broke the USD 0.35 resistance.ADA and SOL gained over 10%.Bitcoin price formed a support base above the USD 21,000 level. BTC started a steady increase and was able to clear the USD 22,000 resistance zone after the

Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook

Source: AdobeStock / iphotothailandPierre-Olivier Gourinchas is the Economic Counsellor and the Director of Research of the International Monetary Fund (IMF)._________The world’s three largest economies are stalling, with important consequences for the global outlook. Inflation is a major concern.The global economy, still reeling from the pandemic and Russia’s invasion of Ukraine, is facing an increasingly gloomy

Physical Art Narrowly Wins Over NFTs in Damien Hirst’s Experiment

Source: A screenshot/currency.nft.heni.comWith the deadline for UK art superstar Damien Hirst’s The Currency NFT burn expired today, artwork owners were forced to answer a paramount question: do they wish to burn their NFT in exchange for the artist’s corresponding original work on paper, or keep the token? As it turns out, slightly more owners opted

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