This guy predicted the atomic wallet hack 8 months ago and warned everyone, fortunately I saw this video and got everything out of the wallet months ago, the importance of doing your own research submitted by /u/Rogueofoz [link] [comments]
Is there anything better than renBTC and BTCpx for decentralized BTC on the Ethereum network? Ren seems sketchy post FTX BTCpx now accepts WBTC and HBTC as collateral so unless this is automatically exchanged for pure BTC then it’s not decentralized. submitted by /u/SailingNut2 [link] [comments]
Optimism is gearing up for its eventual mainnet upgrade next week. This upgrade will offer lower protocol and security fees for users on the platform. This led to the ecosystem’s governance token, OP, enjoying an increase in price, albeit a modest 3.7% in the past 24 hours. This price movement only came after last month’s dismal performance where OP dropped by over 30% in the monthly timeframe. With the promise of lower fees along with Ethereum-like security for the coming upgrade, we might see OP continue its present bullishness. Related Reading: XRP Climbs 12% As Crypto Celebrates 11-Year Milestone Optimism: Laying The Bedrock For Future Growth Touted as the Bedrock mainnet upgrade, it aims to improve efficiency to drive down costs for investors on the platform. According to Optimism’s recent blog post, it should be able to drive protocol and security costs by a whopping 47%. The upgrade will use channels that will be split again to further optimize data compression. 🚀🌐 Layer2 network Optimism is gearing up for the Bedrock Upgrade soon! 💡💎 Discover how this game-changing update boosts scalability, security, and efficiency for Optimism, and what it means for the future of #Ethereum.#Optimism $OP #Layer2 #EIP1559 — KuCoin (@kucoincom) June 2, 2023 This upgrade also corresponds to Ethereum’s Dencun upgrade, which will drive down on-chain costs as a result of danksharding. Danksharding is a process that makes data blobs available for use by Layer 2 protocols like Optimism. This improvement would make Optimism more attractive to developers. OP total market cap currently at $970 million on the weekend chart: TradingView.com Along with the Bedrock upgrade is the upcoming OP Stack Mods which are improvements on the OP Stack layer by community members. These modifications can be voted on by the community to be an official part of the OP Stack layer. The upgrade also opens a path for Optimism to include improvements on its fault proofs with incentives for the community to propose improvements in the system. At $1.50, How Can This Impact OP Price? The token’s current trajectory puts it on a perfect path towards higher highs in the coming days. At the moment, OP bulls are targeting $1.70 in the medium to long term with a potential to break through toward the $2 range. If the momentum permits it, investors and traders should continue its current price movement for higher gains. Source: CoinMarketCap With Bitcoin gaining ground at the time of writing, the gains made by OP bulls should be boosted in the medium term. However, investors should be careful of any bearish advances that might come in the next couple of days. Related Reading: Floki Inu Gains Momentum As Chinese E-Commerce Giant Recognizes Its Utility The token’s current support at $1.3 has no backing which could pull OP to the sub-$1 range. If this happens, OP bulls should be able to endure a possible drop to $0.5 support. But the current momentum held by the token is enough for investors to confidently target higher highs in the coming days. -Featured image from Shutterstock
We have all probably heard reports by now that Atomic Wallet has been compromised. What we know: Atomic wallet had a user base of over 5 million users Many users are claiming to have their funds drained out of multiple wallets It does not seem that it is malware attacking uses, as a large user…
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Like many, I'm quite curious as to what's happening with Atomic Wallet. Naturally I have some questions that I think could be useful to get out there. So: Have you lost staked assets that have a multi-day cool down/unbonding period? Were you using biometric login to the app? IOS, Android, Windows, Mac, or Linux? Are…
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Crypto risk management firm Elliptic believes that ChatGPT will assist in scaling up intelligence and exposing risks to crypto users that “they can’t get anywhere else.”
Before yesterday, I did not know what a "pig butchering scheme" was, and turns out I'm the pig. Here's my story which is still happening as we speak. Right now, they are attempting to get another $20k to "verify my account". I'm posting here again because I have been SHOCKED at how many folks reached…
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Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading,…
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I have recently decided to try and branch out from the two main cryptos I own (BTC and ETH). While other projects have recently caught my eye I have decided that this time I would like to focus on blockchains that specialize in scalability. Since I came into some unexpected crypto via an airdrop and…
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As time permits, more regulations come in from centralized powers, and more dirt is cleaned out of the ecosystem every day, what does the future hold for Ethereum and DeFi? or in other words, what new products will be the Uniswap of the next crypto bull run?? Obviously there is a lot of buzz about…
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