Ethereum’s Latest Progress Toward Proof-of-Stake — CoinDesk

Unfortunately, getting rid of miners does not get rid of MEV, and users of the proof-of-stake network will still be subject to the whims of transaction ordering by those looking to extract value from liquidations, frontrunning and arbitrage. Eth1 clients will still be responsible for the creation of blocks, much like they are today. Therefore, the transaction ordering process will take place the same way, before the blocks are passed to Eth2 clients to finalize the bundled transactions. Source link

Raiinmaker Influencer Marketing App Passes Zokyo Smart Contract Audits

Share this article Raiinmaker, a social media platform built to connect fans with influencers, has passed a recent set of security audits conducted by cybersecurity firm Zokyo. Raiinmaker Passes Audits Social media fan engagement platform Raiinmaker has successfully passed a set of comprehensive smart contract audits by cybersecurity agency Zokyo. Raiinmaker’s Proof of Influence protocol was stress-tested by Zokyo’s blockchain security team, ensuring that the app met appropriate token standards, smart contract logic, and security. ‘We’re delighted to have passed Zokyo’s rigorous security audits, as Hartej and the team are…

Forkast, AAX Present “Bitcoin & Beyond” on November 10

Share this article A one-day virtual cryptocurrency conference, “Bitcoin & Beyond,” will take place on November 10 and include more than 20 prominent figures in the space. Annual “Bitcoin & Beyond” Summit Set for November Forkast.News, Asia’s premier news platform on digital currency, blockchain and emerging technologies, and AAX, the next generation crypto exchange powered by LSEG Technology, will co-host the annual “Bitcoin & Beyond” global summit on Wednesday, November 10. The one-day virtual event will discuss and dissect the most complex and pertinent issues facing the industry today. What…

Bitcoin bulls target prices above $58K ahead of Friday’s $820M options expiry

Everyone is talking about a six-figure Bitcoin (BTC) price now that the digital asset has broken out of its multi-month downtrend and confirmed that a bullish trend is in play.  If Bitcoin happens to enter a parabolic move toward $110,000, that would finally match PlanB’s Stock-to-Flow model prediction. According to the pseudonymous analyst, the scarcity and valuation of gold and other precious metals and “Elon Musk’s energy FUD and China’s mining crackdown” are a few of the factors responsible for the past five months of 50% or higher inaccuracy in…

Bitcoin Mining After the China Ban: US Dominance Is Set to Continue

Following China’s sweeping crackdown on the crypto industry, the U.S. has taken the Bitcoin mining mantle for the first time – and industry CEOs don’t see the trend stopping anytime soon. “I foresee the U.S. continuing to play a leadership role in terms of share because of the jurisdiction,” said mining firm Bit Digital’s Chief Executive Officer Bryan Bullett in an interview with CoinDesk. “Nobody wants to operate in a region where they face existential risks,” he added. In fact, the Bitcoin network’s hashrate, the measure of computational resources used…

Visa to Create NFT Program Headlined by “Aku” Creator

Share this article Payments giant Visa has announced a program to help content creators make and sell non-fungible tokens (NFTs). Visa Will Work With Micah Johnson Visa plans to select a group of creators, sponsor that group, and provide consulting services to them. It will also build connections between those NFT creators and its own network of payment partners. Visa’s Head of Crypto, Cuy Sheffield, noted that the firm will help participants “navigate both crypto and traditional payment infrastructure.” Visa will partner with former MLB player Micah Johnson, creator of…

Andreessen Horowitz Doubles Down on Crypto Investments With New $515M Fund

Andreessen Horowitz’s (a16z) second crypto fund shows the venture capital firm is targeting specific areas to invest in the cryptocurrency space. The company said Thursday it had raised a total of $515 million – more than the original $450 million target – for a second fund called “Crypto Fund II,” dedicated to cryptocurrency and blockchain projects. It’s also more than the $300 million raised for the VC’s first crypto fund, which launched back in the summer of 2018. In the blog post announcing the new fund, a16z says it is…

regulators should pursue crypto as a ‘matter of urgency’

Jon Cunliffe, the deputy governor at the Bank of England for financial stability, said the risks of a growing crypto market on the financial system are “relatively limited” at the moment, but have the potential to grow very rapidly if regulators do not keep pace. In a speech to the Society for Worldwide Interbank Financial Telecommunication on Oct. 13, Cunliffe said policymakers around the world have only just started to develop the framework needed to properly regulate digital assets, but they should pursue it “as a matter of urgency.” The…

NFTs Are Coming to Fox TV Show ‘Masked Singer’ — CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk English ​ Source link

Huobi Ventures and Republic Team Up on Cross-Border Crypto Accelerator — CoinDesk

“Liquidity support from the centralized exchange has always been seen as a critical milestone for crypto startups,” said Unica Yin, Investment Director of Huobi Ventures, in a statement. “Through the collaboration with Republic from an accelerator perspective, we envision that this would provide the comprehensive support to the project throughout the entirety of its life cycle, thus elevating product value in applicable scenarios rather than merely to look for quick returns in investment.” Source link