I have a decent amount of BETH at the moment that was staked on Binance about a year ago. As a Canadian, I no longer have access to any Binance services other than withdrawals, that being said I am still receiving staking rewards for my BETH within my Binance wallet. In order to have more…
Read more
The term “hacking” might conjure up images of shadowy figures typing away in darkened rooms, but the truth is that hacking can be a force for good. As part of their ongoing efforts, CodeCluster and Next Earth will be sponsoring CCTF – the largest hacker competition for crypto and blockchain hackers. This year’s event will take place in May, but players can apply until April 7th. Crypto CTF is more than just a competition – it’s also an educational event, teaching through hacking. The challenges are designed to be realistic, and cover topics that cryptographers, auditors, pentesters and security engineers face on a daily basis, including hacking challenges related to Bitcoin, Ethereum, and even Polkadot. The sponsor Next Earth is the third-largest metaverse project, with more than 30,000 virtual landowners, 180,000+ registered users, and 2,500+ transactions. The platform was created to become a self-sustaining, self-regulated not-for-profit supporting environmental causes on Earth, and has donated $1 million to environmental initiatives since launch in Q4 2021. CodeCluster is a culture-first web and app development shop. The vision for Crypto CTF was conceived at the beginning of 2019 by Six, and the first round was played during the BsidesBUD information security conference. Since then, each event has seen an increased number of participants and sponsors. Teaching Through Hacking As Next Earth aims to lead the metaverse charge with their innovative platform, they realize the importance of the next generation of talented developers. After all, if the metaverse is to become the next generation of the Internet, then it will need the support of the next generation of coders and developers. For instance, consider that an entirely new infrastructure needs to be created to support the metaverse. Everything from the way data is stored and transmitted, to the way identities are verified and assets are managed, will need to be built. That’s a lot of work, and it will require the skills of thousands of talented coders and developers. Moreover, consider the need for interoperability between metaverse platforms. Users should be able to move their assets and data freely between different metaverse platforms, without losing anything in the process. That’s a daunting challenge and one that calls for developers with a big-picture view. The CCTF event is one way that CodeCluster and Next Earth are working to create a pipeline of talented metaverse developers. By sponsoring the event, they are incentivizing people to develop the skills needed to build the metaverse. Past events have covered topics such as cryptography, blockchain, Proof of Authority, Smart Contract security, frontrunning and cryptocurrency infrastructure vulnerabilities, weak crypto, misconfigurations, leaked wallets, BIP seeds, and incorrect RSA implementation. With each event, the pool of talented coders and developers grows, and a global metaverse gets one step closer to becoming a reality. Photo by micheile || visual stories on Unsplash
submitted by /u/mudgen [link] [comments]
User activity on ETH has seen slow growth due to ETH’s high gas fees, not surprising, right? I noticed that plenty of users prefer to use Solana and Avalanche as gas fees on all of these chains cost less than a dollar. ETH has less throughput also in comparison to other Layer 1 blockchains. Various…
Read more
Bitcoin briefly hit a high above $48,000 on Tuesday, as prices of the world’s largest cryptocurrency rose for an eighth straight day. ETH was also trading higher during the session, with prices nearing their highest since January 5. Bitcoin Bitcoin reached the $48,000 level today, as the world’s largest cryptocurrency climbed higher for an eighth […]
Today, Coinbase send this email to its EU customers: `Dear Coinbase Customer, On 31 March, the EU Parliament will vote on its proposal for a new crypto surveillance regime. You may have already read the blog post from our Chief Legal Officer, Paul Grewal, about making your voice heard. We believe it is especially…
Read more
Coinbase, a leading U.S.-based cryptocurrency exchange, is reportedly close to acquiring 2TM, the unicorn company that owns Mercado Bitcoin, the biggest crypto exchange in Latin America (Latam). The exchange has reportedly been in talks to acquire the company since last year, and the deal could be closed in April according to local media, seeing Coinbase […]
submitted by /u/DailyGweiBot [link] [comments]
Bitcoin and other cryptocurrencies appear to be gaining traction, as the first quarter winds down. Crypto has reached the $2 trillion threshold and is proving surprisingly resilient in the face of global uncertainty. As of Tuesday, Bitcoin has totally recovered from its early-year losses. BTC fell from $47,733.40 to $35,070.10 in the first 30 days of the year and has since failed to regain ground. At Monday’s all-time high of $47,765, market leader bitcoin broke free from the confined $34,000-$44,000 bracket it had been trading in for the majority of 2022. The cryptocurrency is up 18% as a result of a steady rally from a low near $40,000 on March 21. As of Tuesday, the top crypto was trading at $47,899 on Coingecko, 16% in the last seven days. Bitcoin Shows Positive Signs Despite the favorable market action, analysts cautioned that it is premature to declare the end of Bitcoin’s price volatility. Market experts will reserve judgment on the volatility until the price maintains its current advances for at least another week. Its relative stability, at least compared to recent performance, stands in stark contrast to stock markets, traditional currencies, and even safe-haven gold, which have all been roiled by Russia’s invasion of Ukraine and the Federal Reserve’s tightening. Related Article | Bitcoin Breaks Past The $40,000 Barrier Again – Can It Sustain The Momentum? BTC total market cap at $908.44 billion on the daily chart | Source: TradingView.com According to futures trading website Coinglass, its 30-day volatility is around 4%, over two-thirds that of June 2021. On March 16, this year’s high was 4.56%. This indicator reveals a currency’s deviation from its own regular norms, and bitcoin has continued to see wild swings, including a 17% spike on March 1. It is, however, far less volatile than it was in 2021, when it was capable of fluctuating by up to 40% in a single day. Touching The $2 Trillion Mark According to analytics firm CoinMarketCap, the cryptocurrency market’s total worth exceeded $2 trillion on Friday. To put it into perspective, on Nov. 10, when bitcoin hit $69,000, the market briefly surpassed $3 trillion. The slow climb back above $2 trillion has been supported by the proliferation of coins and tokens – CoinMarketCap now lists 18,511 cryptocurrencies, an increase of roughly 5,000 since November. Related Reading | Bitcoin Hashrate Swells 15% Since Last Week As Analysts Expect Mining Difficulty To Increase While Bitcoin continues to be the most valuable cryptocurrency, its market share has gradually decreased from 70% of total value in early 2021 to 42% on Tuesday. Numerous cryptocurrency investors believed they could discern bitcoin’s fate in advance of the temperamental cryptocurrency abandoning them financially. Meanwhile, Ethereum (ETH) reached a daily high of $3,431 per unit around the same time as Bitcoin (BTC). At the moment, bitcoin (BTC) controls approximately 40.3% of the $2.26 trillion market, while ethereum (ETH) controls 18.1%. Featured image from Vauld, chart from TradingView.com
Nonprofits are required to file IRS Form 8282 for crypto donations of $500 or more if donated funds are exchanged for the U.S. dollar.
