Dapps have a dirty secret: they can often access an unlimited number of tokens from your wallet. Sounds crazy, but that’s the reality behind the innocuous sounding ERC20 Approve method.
With all the craziness this week in the stock market I’ve become interested in learning about how money works in our society. Fiat currency, the federal reserve, the stock market, etc. Any good book recommendations?
Privacy-oriented Brave has launched cryptocurrency trading within its browser. The company announced on Tuesday that over 12 million active monthly users of the privacy browser can now buy and sell cryptocurrencies, view their crypto balances, and obtain deposit addresses without leaving the browser.
Decentralized Finance (DeFi) is fast disrupting the traditional financial sector. How To DeFi is a must-read book for anyone looking to understand DeFi.
The NYT on how the Venezuelan kleptocrats screwed the dev is the epitome of something-we-all-saw-coming, which you already knew if you’ve read the newsletter for a long time. I got criticism from a bunch of different corners (”oh that’s because you’re an American,” “you can’t say that, people will think it represents us,” etc) for calling the Petro a scam when it was announced, and I ignored it. I don’t know why you got into this space, but I didn’t get into it to help kleptocrat leftist authoritarians.
ChainLink provides the largest price reference data. The decentralized oracle networks for price reference data is available for USD and ETH
Daniel Larimer, in the past, expressed that by the time one does everything to secure a traditional database, they would have built a blockchain. Apps use
With the onset of COVID-19, many businesses are suffering. Funds have dried up as people stop going out and buy less goods and services.
In the current implementation, we only attempt to solve the on-chain part of privacy. There is also network-level privacy that needs to be handled by users.
Ethereum 2.0 launch is making quite a buzz for various different reasons including the final date of launch. Where there is appreciation there is also some heavy criticism against the […]
The attacks happened simultaneously across multiple protocols: Compound, dYdX, Uniswap. And we find some interesting facts:
· Return on Capital (17% for the first and 54% for the second) is pretty high considering only within several seconds.
· In the second attack, the attack’s profit takes 88% of the total loss compared to the first one’s 50%.
· bZx is the only one suffering from these two attacks. The first attack left a bankruptcy position and the second one left an undercollateralized loan.
Once considered to be major competitors to Ethereum, both EOS and Tron have been slipping lately.
Reacting to the growing epidemic, CME will suspend trading in Chicago from Friday. Other crypto- related firms are taking precautions too.
The latest effort by the cryptocurrency community to bypass regulators is fraught with serious risks and challenges.
Kenneth Rhule faces eight charges from U.S. Homeland Security for operating an unlicensed money transmitting business, among others.
The co-founder is making more time to pursue philanthropic efforts.
As I presented Unlock Collatral for Yield at WTF side event duiring Dev5 in Osaka, this is an introduction of a general protocol for yield enhancement.
The protocol basically involves unlocking collaterals from an initiated collateralized DeFi protocol and supply those collaterals into designated yield generating protocols (i.e Lendf.Me, Compound, dydx etc)
So many people were trying to use the Ethereum blockchain during Thursday’s market meltdown that many applications simply stopped working as intended.
Major crypto exchange in South Korea are coming together against child porn in a collective effort, media reports. Cryptocurrency is coming together to not only fight against the COVID-19 epidemic […]
The protocol is secure. No critical severity issues were found, one medium severity issue regarding protocol governance, which we…
One of the most extensive blockchain-powered operating systems in the world TRON has joined forces with Metal Pay, an international remittance provider, to offer purchase of TRX using USD and […]
The novel coronavirus (COVID-19) continues to spread as IItits currently present in almost all countries on the planet. However, this also tends to bring
itu sepadan dengan harga crypto yang terganggu ternyata sudah terinfeksi virus corona !!!! ha ha ha…, More
Tether (USDT) is now reporting that it has surpassed the six billion-dollar mark in liabilities. The largest stablecoin by market cap has now silently climbed its way beyond the six […]
Updates on MakerDAO, Compound, Aave, and Set.
The State Taxation Administration, responsible for collecting tax and enforcing tax laws, is set to pilot blockchain invoicing application in Beijing.
The MakerDAO project is one of the most interesting experiments in the crypto space. It pushes boundaries along multiple dimensions. Perhaps the most overlooked aspect of the project, at least until recently, is its governance.
Somehow, we seem to forget the “DAO” aspect of MakerDAO. Yet the decisions made by MKR token holders— a fluid community spread throughout the world— are some of the highest stakes votes in all of crypto. The Maker contracts secure well over half a Billion dollars of collateral, backing loans that yield nearly 150 Million dollars worth of the Dai and Sai stablecoins.
Today we are open sourcing the FakerDAO contracts & frontend, which we’ve also deployed to the Kovan testnet and made available at kovan.fakerdao.com. FakerDAO is a minimum viable implementation of a straightforward concept: pooling MKR tokens and selling their voting power to the highest bidder.
Many Binance users in Turkey are reporting that they are receiving SMS messages with phishing links. The exchange may have been compromised.
Coronavirus is changing fintech as we know it while Magic Leap crashes. This is CoinDesk’s Markets Daily Podcast.
Long ago, a young lad needed to earn some cold hard cash, so he began trying his luck online, and lucky him he was met with good good sites at first; Until one day he began to expand his horizon to test out new things. In the course of this he…
2020 is shaping up to be a big year for dForce for many reasons.
If you see an ad on a Google search for a Ledger Live Chrome extension – avoid it. xrplorer forensics found that 1.4MN XRP has been stolen.
Binance Charity against Coronavirus brings us a five million United States dollars worth of funding to fight against the heinous COVID-19 epidemic crippling the global economy. Per the latest developments […]
Imagine sending $100 to someone. Later, you discover that by doing so you have allowed this person to empty your account. That’s baDAPProve, a common issue in DApps and DeFi.
Ethereum Classic recently tweeted: “Today’s money, property, and agreements depend on centralized systems, controlled by traditional institutions,
The U.S. Department of Justice has charged the Venezuelan President Nicolas Maduro, as well as numerous current and former country officials with drug
Apparently the Maltese government is coming hard on unregulated crypto exchanges in Malta. The official financial authority has issued an announcement of a warning to two new “unregulated cryptocurrency exchanges […]
Today we release an experimental version of Burner Wallet powered by Fuel.
US Congressman Tables Crypto Regulation Bill
A member of the US House of Representatives Paul Gosar (R-AZ) has tabled a new bill called Crypto-currency Act of 2020 in the lower house of the Capitol earlier on 9 March 2020. The bill seeks to clarify the regulatory concerns and requirements of cryptocurrencies and legalizes their existence.
For decentralized technologies to reach their full potential, they need reliable outside data.