Cryptocurrency Analysis and News Portal
“Article 30, as currently drafted, goes a step too far in addressing the issues raised by immutability,” Thibault Schrepel, an associate professor at VU Amsterdam University, tweeted ahead of the vote. “It endangers smart contracts to an extent that no one can predict.” Original Source
Read More
Under the proposal, the community would adopt an emergency switch that would pause peg-stability-module (PSM) swaps on its protocol, freezing the token purchases required to mint new DAI tokens, Sam MacPherson, a protocol engineer at MakerDAO, told CoinDesk. Original Source
Read More
The government says regulatory changeover will take two years, said Jay Jayawijayaningtiyas, country manager for crypto exchange Luno Indonesia, adding that it’s too early to speculate how the assets will be regulated by the new authority. Luno is owned by CoinDesk’s parent company DCG, and is a member of the
Read More
“Imagine someone stole something from you. You can't get it back, but if you could, if it had a kill switch that could be remote[ly] triggered, would you do it?” Satoshi wrote in the Bitcoin Talk post. “Would it be a good thing for thieves to know that everything you
Read More
The developers of Dogecoin (DOGE) have denied rumors that the network is immediately switching to proof-of-stake (PoS), saying that they are merely planning to release a proposal on the topic. The repudiation came on Dec. 29, from the Twitter account of Michi Lumin, principal engineer for the Dogecoin Foundation.More info
Read More
In the preceding 24 hours, the sentiment of the cryptocurrency market as a whole was mixed, as the majority of top cryptocurrencies experienced mixed price changes. Solana is in a difficult position, since two of the ecosystem’s most prominent NFT projects are abandoning its network for rivals. The outlook on the crypto remains
Read More
As Bitcoin (BTC) adoption continues to sow seeds around the world, more and more people are choosing to accept the original cryptocurrency as payment for their goods and services. For individuals, that means accepting BTC as their salary.A Florida-based Bitcoin advocate called SVN (not his real name) took his entire
Read More
Some see the proposed pilot project as an “important step,” while others say it may lead to reduced trading activity. Original Source
Read More
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching the stablecoin asset tether over to usd coin, and
Read More
United States-based cryptocurrency exchange Coinbase has asked its customers to convert their Tether-issued USDT (USDT) stablecoin to USD Coin (USDC), a USD-pegged stablecoin issued by Circle and co-founded by Coinbase in 2018.The cryptocurrency exchange suggested that USDC is a much more secure alternative in the wake of the FTX collapse saga
Read More