Author: CryptoHoppers

Posted: February 17, 2021 Customers of a Dubai-based company can now pay in cryptocurrency for visa fees and trade licenses. Kiklabb is a government-owned entity that helps people in setting up their companies in Dubai. According to local reports, clients of Kiklabb can now pay Bitcoin, Ethereum, or Tether to acquire trade licenses as well. Tasawar Ulhaq, chief executive officer of Kiklabb believed that the decision to accept digital currencies as a form of payment is in response to a “growing interest in cryptocurrency,” especially with a surge in customers from the blockchain and fintech sectors in the region. Ulhaq…

Embracing the Future: Christie’s Digital Leap New York’s esteemed auction house, Christie’s, is ushering in a new era of art collecting with its upcoming First Open online sale, slated for December 4-14, 2023. This event marks a significant milestone in the intertwining paths of traditional art and cutting-edge technology. Here, we delve into the highlights of this sale and the pivotal role of NFTs in shaping the future of art. A Diverse Palette of Masterpieces The First Open sale is a testament to the rich tapestry of Post-War and Contemporary artwork. It features an eclectic mix of artists, from Kenneth…

ORDI’s price fell by 15% in the last 24 hours. This has been due to whale distribution following the concerns raised that BRC20 tokens spam the Bitcoin network. BRC20 meme coin Ordi [ORDI] has recorded a single-day decline of 15% in the last 24 hours, data from CoinMarketCap revealed.  Source: CoinMarketCap This comes amid significant whale distribution following the concerns Bitcoin Core developer Luke Dashjr raised about the use of inscriptions on the Bitcoin [BTC] blockchain. In a post made on X on 6th December, Dashjr noted that Ordinals and other BRC20 tokens are exploiting a vulnerability in Bitcoin Core…

In a significant advancement for cryptocurrency security, the renowned American exchange Uphold has announced the launch of its new self-custody solution, “Uphold Vault.” Initially available to XRP holders, this groundbreaking service marks a key development in crypto asset security and autonomy. Uphold Vault boosts XRP security measures The Uphold Vault is designed as a state-of-the-art, self-custody service to enhance digital asset security. It addresses a common concern in cryptocurrency, the risk of losing private keys. Using a multi-signature framework, the Vault ensures a higher level of security for its users. This system involves three keys which include the Vault Key,…

Navigating the Waters of Web3 Security: Thirdweb’s Proactive Response to a Recent Vulnerability Thirdweb’s Vigilant Approach to a Web3 Security Challenge In the ever-evolving landscape of Web3, security remains a paramount concern. Thirdweb’s recent discovery of a vulnerability in a widely-used open-source library serves as a reminder of the constant vigilance required in this digital frontier. Here, we explore Thirdweb’s response to this challenge and the implications for the Web3 community. Understanding the Security Flaw On November 20th, 2023, Thirdweb identified a security vulnerability affecting numerous smart contracts across the Web3 ecosystem, including some of Thirdweb’s own pre-built contracts. This…

A widely followed crypto analyst says that smart contract platform Solana (SOL) has more room to run even after recording triple-digit gains so far this year. Pseudonymous crypto trader Bluntz tells his 230,500 followers on the social media platform X that the Ethereum (ETH) rival could go up by double digits in the coming days. When paired against Bitcoin, Bluntz says that Solana has formed a bullish setup. The strategist, who applies the Elliott Wave theory in his technical analysis, says that the Solana/Bitcoin pair (SOL/BTC) has completed a bearish five-subwave pattern and is on the cusp of a move…

DWF Labs, a leading organization in the digital asset market-making industry, has released two validator nodes in accordance with its commitment to the Telegram Open Network (TON) Blockchain. DWF Labs expresses its strong belief in TON through these authenticator nodes, supporting the Blockchain’s structure and security concerns. Authenticators play a crucial role in facilitating the operation of Layer 1 Blockchains, including TON, by verifying transactions, ensuring the Blockchain’s continuous integrity, and ensuring their full efficacy. In addition to demonstrating DWF Labs’ continued dedication to the TON ecosystem, the activation of these validator nodes helps decentralize the TON Blockchain. Following a…

Introduction to Portal’s Web3 Gaming Ecosystem Portal’s Universal Gaming Litepaper v1.0, published on April 12, 2023, is a comprehensive document that outlines the ambitious vision and intricate mechanics of the Portal ecosystem, a groundbreaking initiative in the Web3 gaming world. We’re proud to release the Portal Whitepaper. More of our vision will be revealed as we approach launch – Portal is building for all of Web3.https://t.co/ZQgcZWTnJl pic.twitter.com/VMD3KxyZQp — Portal (@Portalcoin) December 4, 2023 Portal Foundation: Pioneering Web3 Gaming At the heart of Portal’s innovation is the Portal Foundation, a Cayman Islands-based organization tasked with fostering the Portal ecosystem. The Foundation’s…

Worldcoin WLD +1.95% , the crypto project co-created by OpenAI CEO Sam Altman, today launched a new grants program for developers while outlining plans to decentralize the network.Worldcoin is an identity-focused crypto project on a grand scale. It uses orb devices to scan people’s irises to help them prove they’re real people online — and distributes its WLD token to those who sign up.In blog posts published this morning, the Worldcoin Foundation, a non-profit that aims to steer the network’s future development, unveiled a grants program, a “Worldcoin Tech Tree” and a whitepaper on decentralization. “To become part of the…

An organization that works to end poverty on behalf of the United Nations is about to provide its 22,000 employees with extensive blockchain training. The main goal of this program, administered by the United Nations Development Programme, is to enable the agency’s workers to actively contribute to the promotion of sustainable development in different countries. By providing its staff with cutting-edge understanding and expertise in blockchain technology, UNDP hopes to capitalize on creative ideas that can be crucial in tackling issues related to poverty and supporting global sustainable development goals. 🚨 Breaking news from #AlgoImpactSummit 🚨 The @UNDP partners with…