By Varun GS The Binance Smart Chain continues to see some of the projects being built on it exploited. The latest was done by someone who had access to the PancakeSwap admin address. The Exploit It’s an age-old problem with smart contracts: randomness. Solidity has no native random function, andContinue Reading

By Will Gottsegen Emily Ratajkowski sold an NFT for $175,000 in an auction at Christie’s on Friday afternoon. The token is tied to an image called “Buying Myself Back: A Model for Redistribution,” which takes its title from a piece Ratajkowski wrote for The Cut late last year. In theContinue Reading

By Varun GS This comes on the back of a large Bitcoin dip following the most recent news that came from Tesla and its decision to halt bitcoin payments for its products. A Slowdown of Enthusiasm The unbridled electric energy in the air surrounding Bitcoin briefly halted after major cryptocurrenciesContinue Reading

By Jeff Benson, Matt Hussey Mining cryptocurrency is an energy-intensive business. But it doesn’t have to be. The Ethereum community has been working to change how the currency is created in order to radically reduce the blockchain’s carbon footprint. The method it’s working toward is called proof of stake (PoS).Continue Reading

By Will Gottsegen The crypto-friendly digital payments company Square has no plans to change its investment strategy regarding Bitcoin, a company spokesperson has confirmed to Decrypt. The statement contradicts a report earlier today from Financial News, quoting from an interview with Square CFO Amrita Ahuja. “We don’t have any plansContinue Reading

By Press Release [PR – Utrecht, The Netherlands, May 14, 2021] AllianceBlock has announced it will launch a decentralized capital market on the Edgeware smart contract platform. The protocol brings unprecedented tooling to the Substrate-based Wasm contract palette, including NFT contract standards, Defi and DAO primitives to their peer-to-peer market,Continue Reading

By Ekin Genç Cryptocurrency exchange FTX on Friday bolstered its support for USD Coin (USDC) through a partnership with Circle, the co-creator of USDC. The partnership will allow the customers of FTX, as well as those of its subsidiary, Blockfolio, to use ACH, international wire transfers and credit and debitContinue Reading

By Daniel Phillips Decentralized applications, or dapps, are widely regarded as one of the key use cases for blockchain technology. In the last few years, dapps have come on in leaps and bounds, with dapp developers launching everything from games to decentralized finance (DeFi) platforms on blockchain—and a concomitant explosionContinue Reading

By Esat Dedezade In the wake of the much-ballyhooed public listing of Coinbase last month, many crypto-newcomers have been asking the experts at Decrypt: What are my other options if I’m ready to buy some coin? Who are Coinbase’s competitors? Indeed, while Coinbase has arguably become the closest thing toContinue Reading

By Scott Chipolina British Bitcoin mining firm Argo Blockchain announced Thursday the purchase of two data centers in Canada. Both sites are almost entirely powered by hydroelectricity. The acquisition of both sites is part of the firm’s goal to mine Bitcoin in an environmentally friendly way. Argo said this isContinue Reading

By Dimitar Dzhondzhorov The government officials of Cuba examine crypto adoption as an instrument to overcome financial turbulence in the country. This comes a few weeks after the Cuban authorities started discussing the implementation of digital assets in the economy. Crypto vs. Monetary Turmoil The economic situation on the islandContinue Reading

By Andrew Asmakov DBS Group, Southeast Asia’s largest bank, announced Friday that its private banking arm offers crypto trust services. That means high-net-worth customers can store Bitcoin, Ethereum, Bitcoin Cash and XRP with the bank. DBS Private Bank claims that this is the first bank-backed trust service in Asia, andContinue Reading

By Stephen Graves Tesla may have fallen out of love with Bitcoin, but there’s one car still carrying the flag for the world’s largest cryptocurrency. Later this month, Ed Carpenter Racing driver Rinus VeeKay’s No. 21 Chevrolet will take to the track in the 105th Indianapolis 500 sporting Bitcoin livery.Continue Reading