Category: Cryptocurrency News

I was introduced to crypto back in March by a buddy I gamed with. However, it’s fair to say when it comes to investing I am very much inexperienced. I currently follow two telegram channels – Cryptogems55 (t.me/cryptogems555) and Gollum’s Gems (t.me/gollumsgems) I was happy following CryptoGems555 on Twitter for a while and did find…
Read more

submitted by /u/TheHigherSpace [link] [comments]

Sorry quick question here – is it entirely true to say that Ethereum was the world's first programmable Blockchain? Or were other less well known networks doing the same around the same time? Just after some historical context if anyone can help. submitted by /u/JK1411 [link] [comments]

But not all! Today i have to sold 20% of all my crypto. I sold the crypto because i wanted to buy a house for my future family (right now it's just me and my fiancee), and the money that i get selling only 20% is more than enough, but its enough because of the…
Read more

So I was reading about how seed phrases are generated and trying to find Python code samples to see how it works. I stumbled on this article and the author walks through the process then generates a 12 word recovery phrase as an example. As you would do, I got curious and imported the words…
Read more

Started by the end of July 2021, the Bank Of Korea central bank digital currency (CBDC) project has been gaining traction. Per a report by the Korea Times, the project will be aided by electronics company Samsung. The company and the financial institution will build the platform that will support the CBDC. In addition to Samsung, the Bank of Korea has brought in other partners from the private sector, such as Ground X, a blockchain-based division from another company called Kakao. The Times cited a source on an executive position to support its claims: Samsung Electronics has recently decided to participate in the BOK-led CBDC pilot project, under which interested parties will research the practicalities of the CBDC in a test environment. Representatives from Samsung and the Bank of Korea have spoken about the benefits of CBDCs and their potential to improve the country’s payment system. The Times claims that Samsung and the Bank of Korea will test the “usability” of blockchain systems on the Galaxy mobile. Specifically, the Kakao consortium and Samsung Group’s two tech affiliates will launch a pilot program aimed at checking on money transfers and remittances between countries, issuing and distributing the CBDC and monitoring how that eventually works in virtual environments. Samsung To Test CBDC Functionality With Its Smartphones? The sources quoted by the report said the project will have two main focuses on the Samsung side: the capacity to conduct payments to other devices and the possibility (…) payments via mobile phones using the digital currency with no internet availability, or to send CBDC remittances to other mobile phones or to other connected bank accounts. The objectives will be carried out by the company’s IT unit and an affiliate called Escor. These entities will handle the procedures for the experiments with the central bank digital currency (CBDC), the Times reported. Apparently, high-ranking officials at the Central Bank of Korea have dismissed cryptocurrencies and their potential to improve the current financial systems, mainly due to the volatility of the assets. However, China’s own digital currency, the e-CNY or digital yuan, has brought concerns to its neighbors in Asia. The development of South Korea’s CBDC will initially operate in a virtual environment during its test phase. Samsung and other partners involved will look for issues and bugs and the technical limitations of the project. Later, in mid-2022 the project will be focused on “offline payments”, e-commerce, remittances, and other applications. The CBDC will allegedly also have advance privacy features developed in collaboration with private banks. At the time of writing, Bitcoin trades at $49,913 with a 2% loss in the 24 hours chart.

Hi, I didn't understand how ethhedge token work. I have read a contract of ethhedge on ethscan. It seems that it is connected with a variable called leverage, but I couldn't google what it is. Where can I read information about it? It is possible to implement this for other token? submitted by …
Read more