Author: CryptoHoppers

KPMG along with partners at Ketchum Analytics has launched a new, free research report that explores how blockchain-enabled tokenization is transforming the way consumers interact with each other and businesses. The findings indicate that tokenization is ushering in a new generation of commerce, and brings to light the strategic value of deploying blockchain infrastructure for the many business opportunities it offers – from creating new customer engagement opportunities to driving new revenue streams.   However, the potential is vast in those industries where consumers already express high levels of loyalty. For instance, when asked about loyalty to products/services across industries, consumers…

Tech • August 4, 2023, 11:50PM EDT Published 3 minutes earlier on In a reply on the social media platform he owns, Elon Musk declared that X (formerly Twitter) will “never” launch its own crypto token. Musk’s statement came in response to a warning from user @cb_doge, who urged users not to fall for fake tokens or memecoins masquerading as official X-sanctioned crypto projects — or news articles discussing them. “Elon Musk and X never launched a crypto token,” the user wrote, to which Musk replied: “And we never will.” Perhaps unsurprising to some, a slew of low-cap tokens exist…

What is Bitcoin mining? In the realm of cryptocurrency, Bitcoin mining is a concept that often comes to the forefront. To comprehend the phenomenon of Bitcoin mining, one must first delve into the basics. Bitcoin mining refers to the method through which new Bitcoins are added to the circulating supply. It also serves as a mechanism to confirm transactions on the Bitcoin blockchain network. The process of Bitcoin mining is based on solving complex mathematical problems, also known as proof-of-work (PoW). Miners compete against each other to solve these problems using computing power. The miner who manages to solve the…

DLC, or Discrete Log Contract, is a Bitcoin smart contract that uses oracles to make trustless transactions. They were introduced in 2017 as a theoretical idea and have been on the Bitcoin network since 2020. DLC functionality substantially improved in 2021 when the network activated its Taproot upgrade. To determine the outcome of any bet, DLC imports off-chain data from an oracle that provides information to the Bitcoin network and acts as a source of information about the real world for smart contracts. After the outcome is provided and settled, the funds are redistributed based on the initial agreement between…

Composable Finance recently announced the first trust-minimized CosmoDot connection. Named Centauri, the connection between DotSama and Cosmos is expanding the interchain ecosystem. Names like Interchain Foundation, Strangelove, NotionalDAO, Informal Systems, and 100+ validators took part in the development process. Composable Finance released a detailed post on its official website to shed more information on the connection. The network stated how DotSama and Cosmos SDK Chains have many commonalities besides their multi-chain architecture. The parties also share their vision for user-centricity and interoperability. Even then, the networks have been miles away from collaboration. This led to users failing to experience smooth…

In a shocking revelation on the dark net, Bitcoin played a chilling role in a sinister plot masterminded by Kristy Lynn Felkins, a 38-year-old woman from Nevada. Intent on carrying out an evil act, she sought the services of a hitman to execute a deadly plan targeting her ex-husband. As the cryptocurrency paved the way for anonymous transactions, it enabled the unfolding of a horrifying turn of events that shook the foundations of online anonymity and criminal intent. The chilling narrative began in 2016 when Felkins initiated communication with an entity she believed to be a hitman-for-hire on a dark…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The ongoing InQubeta presale has raised over $1.9 million. The presale format increases QUBE prices at each stage, and early investors stand to benefit at the end of the presale. QUBE is the native token of InQubeta. Meanwhile, European tech company executives are urging the European Union (EU) to reconsider some of the regulations it plans to impose on artificial intelligence (AI) and its developers as they might prevent the region from being competitive.  The EU started working on rules to govern AI in 2021 and is now…

Crypto Live NewsAuthor: Mustafa Mulla Jul 25, 2023 22:28Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. China’s Tai’an Star Era 16 satellite has become the first in the world to feature a visual blockchain system called ADAChain, which can achieve functions like on-orbit multi-signature authentication and remote sensing data storage certificate confirmation. The satellite’s goal is to collect spectral information for precision agriculture, water and mineral resource management, environmental monitoring, and emergency safety. Blockchain technology will help achieve high resolution in satellite…

Although ETH displayed signs of weakness, it had the potential to surge. The altcoin’s volatility was low as the price continued to drop. For some time, Ethereum [ETH] has been experiencing a relatively subdued period in the market, with concerns arising about its price action. However, analysts are cautioning against interpreting this phase as a weakness in the altcoin.  How much are 1,10,100 ETHs worth today? Some of those backing ETH to thrive include Glassnode co-founders Jan Hapell and Yann Allemann. The duo, who operate on Twitter under the “Negentropic” username, noted that Bitcoin [BTC] might shine going forward. The…

In a surprising turn of events, the hacker known as the “Alchemix/Curve Finance Exploiter” has returned a total of 4,819.55 alteth and 6106 Ethereum (ETH) to Alchemix Finance, as reported by the journalist Colin Wu.   The hacker, who had gained unauthorized access to the protocol, had earlier demanded that the Alchemix Finance team confirm the address to which they wanted the stolen funds returned. Curve Finance Breach Ends On Positive Note Curve Finance has announced the return of stolen funds worth over $60 million, which were taken in a recent exploit.  As reported by NewsBTC, the protocol had issued a…