Actress Reese Witherspoon has just announced on Twitter that she bought her first ETH and how she's now active on "Crypto Twitter" The responses to her Tweet are quite interesting and mixed. Some have just welcomed her to the crypto community, others immediately tried to get her on their crypto podcast or simply wanted to…
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https://twitter.com/ReeseW/status/1433524984723349507?s=20 Hold your downvotes for a moment. Reese Witherspoon announced she bought some Ether and the comments are FILLED with people telling her to buy random tokens and NFTs. People should be helping her with ACTUAL next steps. Get her coins off an exchange Get a hardware wallet Look into running a node Security…
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I wish I knew how to code so I could contribute in some way but it looks like they've started working on programming for Coinbase API requirements for possible Ravencoin listing. I wonder if it's going to be the same thing for Kraken if the community ever goes that route. submitted by /u/gruntinvalhalla…
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Middle of the transaction, the gas fees went up and now I had to transfer another ETH! Fuck that shit. Lost so much transferring, swapping, and got nothing. What the fuck is this network? Maybe the price of ETH rises and liquidity on ETH DeFi is high because people can’t actually move their tokens. Nice.…
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The $2 billion crypto fraud scheme Bitconnect and its founder have been charged in the U.S. In a parallel enforcement action, a Bitconnect director and top promoter has pleaded guilty to criminal charges in the U.S. “The Bitconnect scheme is believed to be the largest cryptocurrency fraud ever charged criminally,” said the U.S. Department of […]
Cardano (ADA) has been on fire recently. At this point, it is no longer a surprise to see the asset posts massive returns in just a short period of time. With so many big things lined up for the project, the price has continued to rally. Now, ADA has broken a critical resistance point in its race to the top. The coin had suffered dips following the knockdown from its first $3 resistance point test. But has successfully broken through this barrier. ADA carries out a successful retest of $3 | Source: ADAUSD on TradingView.com The early hours of the morning saw the price of the digital asset hit a new all-time high of $3.10. Before hitting what appears to be a roadblock and correcting back down. Although this downward correction does not look negative on ADA. Correcting downwards is typical for assets that have rallied in a short amount of time. Basically giving the market time to catch up with the valuation of the asset. ADA’s correction saw it hit back down towards $3. But this point acted more as a bounce point for Cardano, which sent the price back up to a more comfortable resting point for the time being. Related Reading | Cardano Offers Up To $10,000 For Network Vulnerabilities In Bug Bounty Nevertheless, the asset looks poised for another rally. With the current momentum and general market sentiment surrounding ADA, it will be no surprise to see it hit $4 next week. Growing interest has led to an accumulation of the asset. Future use cases put Cardano on track to become one of the most widely used blockchains in the space. Hence giving its native asset ADA the needed push to grow fast enough to break through $4. Factors Pushing Cardano (ADA) Towards $4 Most of the momentum ADA has seen has come from the expected upgrades occurring this month. The team behind the Cardano project announced in August that the final upgrade, which is the Alonzo Purple Hard Fork, that will bring smart contracts capability to the network will be released on September 12th. This will put the blockchain on a level where it can compete with Ethereum, the leading smart contracts platform. As users anticipate being able to carry out decentralized finance services and mint NFTs on the network, investors have poured money into ADA. Expecting the price to blow up leading up to and after the announcement of this final upgrade. Related Reading | Cardano (ADA) Founder Responds To Criticism Over New Crypto Partnership Cardano founder Charles Hoskinson has said that the project is on track. And Cardano has received the go-ahead from its shareholders to release Alonzo Purple as scheduled. With less than two weeks left to the launch, the price is expected to continue to rally, with the current trajectory putting ADA on a sure path to $4 before the release of smart contracts capability. After which adoption of the network due to its new use cases will drive the price even further up. Featured image from 123RF, chart from TradingView.com
I have a question about the private key that my passphrase generates. I understand that the private key has a complementary role along with the public key in performing the transaction. But I don't understand why it's important to write down your private key. And we never write it personally during when we are performing…
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