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Cross-chain bridge Multichain, Alerts users of Security Vulnerability across six-cross Chain Tokens

Multichain (previously Anyswap), a Cross-chain Router Protocol (CRP) that allows for on-chain asset interoperability, has warned its users that they might be at risk of getting hacked. To forestall this risk, users have been advised to revoke wallet permission for 6 tokens listed on the platform. Multichain directs users on how to mitigate the risk The post Cross-chain bridge Multichain, Alerts users of Security Vulnerability across six-cross Chain Tokens appeared first on CoinGape.

2022-01-17 23:01:45

Panther protocol co-founder Oliver Gale discusses bringing zero-knowledge technology to multi-chain

"It's been a blessing and a privilege to participate in a community with over a quarter of a million people who have joined the 'Panther Corps' in the last 12 months," says Gale.

2022-01-17 23:01:25

Thailand’s Former SEC Chief Opposes Possible Crypto Taxation: Report

The Thai authorities should impose taxation on crypto gains only if it promotes the local trade industry, Thavaramara opined.

2022-01-17 23:01:22

Binance Burns $792M in BNB

2022-01-17 23:01:41

Bitcoin price can’t find its footing, but BTC fundamentals inspire confidence in traders

Data shows traders still feel confident about BTC price because the futures premium and other fundamentals show no signs of stress.

2022-01-17 23:01:00

Bitcoin Is Revolutionizing Global Money Management

Technologies that were state of the art 50 years ago will be usurped by Bitcoin as the superior technology makes itself apparent.

2022-01-17 23:01:00

JPMorgan Executive Says Crypto Is in the ‘Napster’ Phase of Its Life Cycle: Report

An executive from JPMorgan says that the crypto markets are at the same point that the music streaming industry was in the 1990s. Speaking to The Financial News, Umar Farooq, head of the banking giant’s digital asset unit Onyx, says that the crypto markets are in the “Napster” age. Napster, launched in 1999, was the […]The post JPMorgan Executive Says Crypto Is in the ‘Napster’ Phase of Its Life Cycle: Report appeared first on The Daily Hodl.

2022-01-17 23:01:55

Altcoins Are Encroaching On Bitcoin’s Dominance On Digital Payments

Bitcoin has dominated the digital payments space for the longest time and continues to do so. However, this dominance is on the decline as more altcoins are being chosen as the preferred digital currencies for payments. This has mainly been due to cheaper fees resulting from network congestion when the price gets too high. Instead, cryptocurrencies whose fees can range from a few cents to fractions of a cent are now favored by merchants. Altcoins Are Taking Market Share From Bitcoin Crypto payments processor BitPay recently released a report outlining the percentages each crypto commanded in the crypto payments space. As expected, Bitcoin dominated the list but what was important to note from the report was how much the pioneer cryptocurrency’s dominance over this space dropped in the space of a year. Between 2020 and 2021, bitcoin lost about 27% dominance. Related Reading | Why Sovereign Nation States May Begin Acquiring Bitcoin In 2022 Back in 2020, the company had reported that bitcoin made up for 92% of all digital payments being carried out on the platform. In 2021, this number was at 65% and is expected to continue to drop as merchants move to altcoins for payments. Bitcoin market dominance down below 40% | Source: Market Cap BTC Dominance on TradingView.com   The use of Ethereum as a payment method was up, accounting for 15% of the total transactions carried out on the platform. Stablecoins made a big spl...

2022-01-17 23:01:55

Bitcoinist Review Corner: I Played The LegendsOfCrypto Game. Here’s What I Think

In this inaugural report of the Bitcoinist Review Corner, we are going to be focusing on the LegendsOfCrypto (LOCGame) game. This game has been on my radar since someone from the team had first reached out to me sometime last year to take a look at what they were doing. I figured it was just […]

2022-01-17 23:01:46

Cardano ($ADA) Sees Transaction Volume Briefly Surpass That of Ethereum ($ETH) Ahead of DEX Launch

The transaction volume seen on the Cardano ($ADA) network has briefly surpassed that of the Ethereum ($ETH) blockchain ahead of the launch of a highly-anticipated decentralized exchange on Cardano called SundaeSwap. According to data from Messari, Cardano’s daily transaction volume was at one point above the $7 billion mark, surpassing the daily transactions volume seen […]

2022-01-17 22:01:00

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