Author: CryptoHoppers

Greetings, fellow crypto enthusiasts!If you have been keeping up with the latest buzz in the world of cryptocurrency, you may have heard of BRC 20 tokens. Now, I know what you’re thinking – “What the heck are BRC 20 tokens? Is it some kind of futuristic candy?”Well, fear not, dear readers!In this article, we are going to take a deep dive into the world of BRC 20 tokens and leave you with a full understanding of what they are and how they work.We will break it down into bite-sized pieces, so even if you are as clueless as a goldfish, you…

The U.S. Department of Justice (DOJ) is charging two Russian nationals for their alleged involvement in the infamous hack of defunct crypto exchange Mt. Gox. In a new press release, the DOJ says that it is charging two Russian citizens – 43-year-old Alexey Bilyuchenko and 29-year-old Aleksandr Verner – for allegedly conspiring to launder hundreds of thousands of Bitcoin (BTC) hacked from Mt. Gox. Furthermore, Bilyuchenko is also charged with conspiring to operate BTC-e, a crypto exchange allegedly linked to money laundering and the Mt. Gox hack, from 2011 to 2017 alongside its founder Alexander Vinnik. As stated by US…

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world’s largest crypto trading platform Binance, illegal.  According to a statement released on the SEC’s website on July 9, Binance has been promoting its web and mobile-enabled platforms to Nigerian users without adhering to regulatory requirements or registering with the commission. The commission expressed its concerns, stating that Binance Nigeria is not authorized or regulated by the SEC, making its operations in the country unlawful. As the primary…

In the past, healthcare was one of the sectors that was slow to adopt new technology. However, like many other sectors, healthcare is about to undergo a period of rapid transformation after the increase of coronavirus.Launched in 2015 by the Founder and CEO Chrissa McFarlane, Patientory is a blockchain-based, HIPAA-compliant software platform that gathers and analyzes healthcare data to empower people with actionable data-driven insights for improved health outcomes and well-being.The purpose of Patientory is to securely facilitate and encrypt the transmission of health data while empowering healthcare professionals and patients in storing healthcare data and the ability to monetize…

Binance has been ordered to stop operating in Nigeria by the country’s markets regulator. “Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,” said Nigeria’s Securities and Exchange Commission (SEC), according to Reuters. The regulator added that the exchange’s local operations are unregistered and unregulated. “We are aware of the circular, however, the entity mentioned in the circular is not affiliated with us,” said a Binance spokesperson via Telegram. “We are therefore seeking clarity from the Nigerian SEC and remain committed to working with them cooperatively on the next steps.” Binance has a…

A scamming group stole roughly $1 million worth of cryptocurrency off Twitter hacks within a few weeks. Phishing scams are tweeted as soon as the scammer gets control of a Twitter account. A group of scammers has stolen roughly $1 million worth of cryptocurrency within a few weeks, according to blockchain sleuth ZachXBT. The group has hacked more than eight Twitter accounts belonging to significant crypto figures to promote phishing scams. ZachXBT explained on Twitter that he had discovered multiple wallets “linked on chain” that are tied to phishing attacks promoted by the recently compromised accounts. “While the majority of…

The world of cryptocurrencies is one where security is the number one concern. Partly because when it comes to money, there are incentives for malicious people to try to get your bitcoins, and partly, because this technology, being decentralized, does not offer a way to recover “lost” bitcoins. In other words, if you lose the private key that gives access to your bitcoins, they can never be recovered. And it is not that they disappear, but that nobody can access them. Using a historically known analogy, it is as if a pirate ship filled with gold sank in the ocean.Steps…

The primary objective of decentralized finance, often known as DeFi, is to facilitate the acquisition, exchange, and trading of digital assets. However, this isn’t particularly appealing in its current state, and there are moments when it needs to be simplified for regular users. Investors in cryptocurrencies are looking for alternatives to the current lousy market and are interested in holdings with a high potential for future earnings. Cryptocurrencies are anticipated to gain much support and attention during the pre-sale period, and their value will probably increase quickly. The idea behind Ethereum was to create a platform that would support immutable,…

Kadena has announced that it is all set to bring improvements to one of the most fascinating segments of technology – IoT. Short for the Internet of Things, it currently faces problems in terms of security and scalability. The one to make a move is Crankk, a venture that recently received funding (or a grant) from Kadena. Kadena’s grantee has identified that the core problem is in the mechanism being based on the centralized system. This puts them at the risk of security breaches and downtime. Directing all the data to the cloud server means that a single failure can…

Have you ever received free tokens in your cryptocurrency wallet, without even buying them? If you have, then you have already experienced the magic of a crypto airdrop.Airdrops are like surprise gifts in the cryptocurrency world, designed to attract new users, reward loyal ones, and create buzz around new projects.For instance, in 2017, the cryptocurrency project OmiseGo airdropped free tokens to Ethereum holders, which ultimately helped to rise the profit of the project and increase its adoption.The idea of receiving free money can sound too good to be true, and there are certain risks involved in participating in crypto airdrops.However,…