The rise of community-oriented blockchain security companies may be making it more difficult for alleged bad actors to get away without a trace. Early Wednesday, CertiK issued a community alert regarding Flurry Finance, where its smart contracts were allegedly breached by hackers, leading to $293,000 worth of funds being stolen. Shortly after the incident, CertiK…
Hashlock, a Web3 security firm with a stellar track record, has issued a full scale audit of PandaPump’s Solidity contracts, giving them the green light for launch by analyzing its contracts as the project transitioned into its public launch phase. This audit reinforces confidence in PandaPump’s smart contracts, which power its vibrant meme-token ecosystem led…
Bitcoin (BTC) looks ready to fall below $30,000 in the coming months, per a confluence of historically accurate technical indicators brought forth by popular analyst Ari Rudd. The independent market analyst published a thread on Feb. 14, explaining why Bitcoin’s ongoing price recovery — from below $33,000 on Jan. 24 to around $42,000 today —…
Blockchain operates in a decentralized form, which enhances efficiency and security. As an economic foundation, there must be a superstructure to match. Thereby, the adoption of the DAO, a decentralized form of production organization and management, is in line with the requirements of the blockchain development. As the preeminent DEX, Mdex has planned long for…
What is Daikokuten Sama Finance? Daikokuten Sama Finance is an initiative supporting global financial growth and wellbeing with a community-driven approach. It has aimed to empower each and everyone associated with it to be in control of their money and make progressive decisions for their future. With the context of focus being financial independence by…
Lawmaker warns of regulatory threats to financial freedom Rep. Warren Davidson has raised serious concerns about the direction of US cryptocurrency policy, suggesting that recent legislative moves are undermining the very foundations of Bitcoin’s original purpose. In a year-end post, the congressman argued that regulations like the GENIUS Act and the pending CLARITY Act are…
Bitcoin Miner’s Strategic Shift to AI Infrastructure IREN, the bitcoin mining company that’s been making waves with its pivot to artificial intelligence infrastructure, just received a major vote of confidence from Wall Street. Cantor Fitzgerald analyst Brett Knoblauch more than doubled his price target for the stock, moving it from $49 to $100. That represents…
President Joe Biden’s economic report on Monday was a turning point for the cryptocurrency sector since it contained some of the White House’s most frank statements on virtual currencies to date. The government described these asset classes as mostly speculative investments lacking basic anchors and unable to fully perform all the functions of fiat money…
An NFT is a unique type of token generated via cryptographic hashing. Blockchain technology makes it possible to link NFT without being replicated. Unlike the usual virtual tokens that are fungible, NFTs cannot be replaced with similar tokens. Within an NFT, a smart contract helps keep unique information that distinguishes the virtual artwork from other…
Strong Quarterly Performance American Bitcoin, the mining company with ties to the Trump family, reported some pretty solid numbers for the third quarter. They actually turned a profit of $3.47 million, which is quite a shift from the $576,000 loss they had during the same period last year. What’s more interesting is that their revenue…
