Category Archives: Cryptocurrency News

British court recognized Craig Wright’s rights to the Bitcoin White Paper

Australian Craig Wright won a victory in court against the co-owner of the site bitcoin.org, known under the pseudonym Cobra. The case concerned “copyright infringement” in the publication of the Bitcoin White Paper. In January, the self-proclaimed “creator of Bitcoin” Craig Wright sent a warning to the anonymous administrator of the bitcoin.org website, accusing him of illegally publishing a White Paper and using a domain name with the word bitcoin. However, Cobra refused to remove…

On the first day of testing the London hard fork on the Ethereum testnet, 88,000 ETH were burned

On June 24, the London hard fork, which includes changes to the EIP-1559 proposal, was activated on the Ropsten testnet. In just a day, 88,000 ETH was burned. As part of EIP-1559, when paying commissions, ETH coins are burned, which will reduce transaction fees, but at the same time reduce the income of miners. The changes turned out to be very effective – 88,000 ETH were burned on the test network. We are talking, of…

FSA Japan warned about the lack of a license from the Binance exchange

The Japanese Financial Services Agency (FSA) has issued a warning that the Binance cryptocurrency exchange operates in the country without a license and does not have regulatory approval to operate in Japan. The Agency made this statement in order to protect investors and traders. The FSA issued a similar warning about Binance back in March 2018. However, then the CEO of Binance Changpeng Zhao explained that the marketplace had a “constructive dialogue” with the regulator…

Andreessen Horowitz launched a $ 2.2 billion cryptocurrency fund

Venture capital firm Andreessen Horowitz has launched a $ 2.2 billion Crypto Fund III to develop projects using blockchain and cryptocurrencies. The company began supporting the cryptocurrency industry back in 2018 by opening a $ 300 million fund.Last year, Andreessen Horowitz launched a new $ 510 million cryptocurrency fund. The funds from these funds were used to finance well-known startups such as Uniswap, Compound, Dapper and Protocol Labs. The launch of the new fund suggests…

ONFO Project Opens BTC Treasure Hunt Season

Ten videos, one key and one bitcoin. The ONFO project announces the launch of a series of video tutorials on the official YouTube channel. The educational series will tell in detail about the inner workings of the cryptocurrency market and its hidden capabilities, technologies at the heart of the blockchain and the mysterious personality of Satoshi Nakamoto. The wallet key will be hidden in a series of videos. Any viewer will be able to find…

Is it safe to store cryptocurrencies on an exchange?

Choosing a place to store cryptocurrencies is the primary task of every investor. Is it possible to store cryptocurrencies on the exchange and how do the platforms ensure the safety of assets? The choice of a place for storing cryptocurrencies depends on the safety of savings, ease of use and the ability to manage money. Crypto assets can be stored in cold or hot wallets, depending on the goals and plans of the owner. The…

Coinbase introduced tool for automatic auditing of smart contracts Solidify

Cryptocurrency exchange Coinbase has launched Solidify, a solution that will facilitate the audit of Ethereum smart contracts written in the Solidity programming language. The tool was introduced by Coinbase Blockchain Security Engineer Peter Kacherginsky in an article on the company’s blog. Manual auditing of smart contracts is very laborious and time-consuming, in addition, security specialists often miss errors and vulnerabilities. Solidify’s solution should significantly speed up the audit process, as well as reduce the number…

ILGON from ILgamos: a new project – the same goals

ILGON is a new blockchain platform based on Ethereum, with its own cryptocurrency, positioned as an ecosystem with limitless possibilities. At first glance, the ILGON project seems completely legitimate. He has a team, listing on one exchange and even several videos, albeit in Hungarian. This is not surprising, because the team is also Hungarian. Who is behind the project General Director (CEO) – Attila Vidakovic, you can find very little information about this person on…

BIS: “government cryptocurrencies are the best use for digital assets”

According to the Bank for International Settlements (BIS) annual economic report for 2021, digital currencies from central banks can make significant changes to the financial industry. BIS analysts believe that government digital currencies should be developed taking into account the public interest, creating an “open space for payments” that will be equally accessible to individuals and legal entities. However, the effective functioning of central bank digital currencies depends on the structure of the underlying payment…

Fabio Panetta: “The ECB will better protect the data of users of the digital euro”

ECB executive board member Fabio Panetta said that in the transition to the digital euro, the ECB will better protect users’ confidential data than private firms. In a recent interview, Fabio Panetta said that in addition to the interest in the digital euro, users are very concerned about the security of their data. Panetta explained that unlike private firms, the European Central Bank has no commercial interest in storing, managing or monetizing user information. So…