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Archive for the ‘cryptocurrencies’ category: Page 20

May 1, 2022

The basics of decentralized finance

Posted by in categories: blockchains, computing, cryptocurrencies, finance, information science, mathematics

Decentralized finance is built on blockchain technology, an immutable system that organizes data into blocks that are chained together and stored in hundreds of thousands of nodes or computers belonging to other members of the network.

These nodes communicate with one another (peer-to-peer), exchanging information to ensure that they’re all up-to-date and validating transactions, usually through proof-of-work or proof-of-stake. The first term is used when a member of the network is required to solve an arbitrary mathematical puzzle to add a block to the blockchain, while proof-of-stake is when users set aside some cryptocurrency as collateral, giving them a chance to be selected at random as a validator.

To encourage people to help keep the system running, those who are selected to be validators are given cryptocurrency as a reward for verifying transactions. This process is popularly known as mining and has not only helped remove central entities like banks from the equation, but it also has allowed DeFi to open more opportunities. In traditional finance, are only offered to large organizations, for members of the network to make a profit. And by using network validators, DeFi has also been able to cut down the costs that intermediaries charge so that management fees don’t eat away a significant part of investors’ returns.

Apr 30, 2022

New Idea From NASA: Trillions of Floating Balloons To Terraform Venus

Posted by in categories: bitcoin, cryptocurrencies, engineering, environmental, space

Good telescope that I’ve used to learn the basics: https://amzn.to/35r1jAk.
Get a Wonderful Person shirt: https://teespring.com/stores/whatdamath.
Alternatively, PayPal donations can be sent here: http://paypal.me/whatdamath.

Hello and welcome! My name is Anton and in this video, we will talk about new interesting proposition on how to terraform Venus using floating continents.
Links:
https://en.wikipedia.org/wiki/Terraforming_of_Venus.
https://arxiv.org/pdf/2203.06722.pdf.
#venus #terraforming #nasa.

Continue reading “New Idea From NASA: Trillions of Floating Balloons To Terraform Venus” »

Apr 28, 2022

BlackRock launches a blockchain ETF that offers a ‘gradual entry point’ into the tech — and the opportunity for exponential growth, says top iShares exec

Posted by in categories: blockchains, cryptocurrencies

BlackRock announced on Wednesday its new iShares Blockchain and Tech ETF (IBLC), which allows investors to gain exposure to the blockchain sector without any direct investments in cryptocurrencies.

The exchange-traded fund tracks US and international companies involved in the “development, innovation, and utilization of blockchain and crypto technologies,” BlackRock said. Currently, the fund has over $4.7 million in net assets across 34 holdings, excluding cash positions and derivative exposures.

The ETF is a “gradual entry point into the blockchain ecosystem” and includes holdings like crypto exchanges, crypto miners, and underlying technologies, said Rachel Aguirre, BlackRock’s head of US iShares product, at a Wednesday panel event.

Apr 27, 2022

Edward Snowden Revealed As Key Participant In Mysterious Ceremony Creating $2 Billion Anonymous Cryptocurrency

Posted by in category: cryptocurrencies

The notorious whistle-blower acknowledges he was the sixth person who participated in an elaborate 2016 ceremony that led to the creation of zcash, a leading privacy protecting cryptocurrency now valued at $2 billion.

Apr 25, 2022

Attackers swipe $80 million from ethereum DeFi project Beanstalk in one of the largest flash-loan exploits ever

Posted by in category: cryptocurrencies

“Like all other investors in Beanstalk, we lost all of our deposited assets in the Silo, which was substantial,” the founders said.

Apr 20, 2022

FBI warning: These hackers are targeting developers and DevOps teams to break into crypto firms

Posted by in categories: blockchains, business, cryptocurrencies, cybercrime/malcode, government

The US government has detailed how North Korean state-sponsored attackers have been hacking cryptocurrency firms using phishing, malware and exploits to steal funds and initiate fraudulent blockchain transactions.

The Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the U.S. Treasury Department (Treasury) have issued a joint cybersecurity advisory to warn all businesses in cryptocurrency to watch out for attacks from North Korean state-sponsored hackers.

Apr 19, 2022

Hackers steal $655K after picking MetaMask seed from iCloud backup

Posted by in category: cryptocurrencies

MetaMask has published a warning for their iOS users about the seeds of cryptocurrency wallets being stored in Apple’s iCloud if app data backup is active.

MetaMask is a “hot” cryptocurrency wallet used by over 21 million investors to store their wallet tokens and manage their digital assets.

In cryptocurrency lingo, a seed is a secret recovery phrase consisting of 12 words that protect access to the wallet’s content.

Apr 11, 2022

Mastercard filed 15 crypto and metaverse-related trademark applications. Here’s a look at what the company may have in the works

Posted by in categories: blockchains, cryptocurrencies

Payments company Mastercard has applied for at least 15 crypto-and metaverse-related trademarks, according to data from the United States Patent and Trademark Office payments giant Mastercard filed 15 cryptocurrency, metaverse and NFT related trademark applications on April 4th.

Mastercard’s applications include trademarks for virtual cards and payments in the metaverse, an application to create NFTs, an NFT marketplace, as well as a marketplace for crypto assets in general.

“Provision of an online marketplace for buyers and sellers of downloadable digital goods and media authenticated by non-fungible tokens (NFTs),” one of Mastercard’s applications, serial number 97,346,029, read.

Apr 8, 2022

Metaverse Will Be Most Popular Place to Buy, Trade, Store Cryptocurrency, Survey Shows

Posted by in categories: blockchains, cryptocurrencies

The metaverse will become the most popular place to buy, sell, and trade cryptocurrency, according to a recent survey. In addition, 70% of respondents agreed that “cryptocurrency and blockchain technology advancements will be critical to shaping the future of the metaverse.”

Survey: Metaverse Will Be the Most Popular Place for Crypto

Nasdaq-listed Agora (NASDAQ: API), a video, voice, and live interactive streaming platform, conducted a survey on the metaverse and published the results Tuesday.

Apr 2, 2022

Metaverse will become a $1 trillion market opportunity, says JP Morgan

Posted by in category: cryptocurrencies

And tells us how to get there. With a stream of big names revealing their intent to be a part of this upcoming digital world, the metaverse could be a $13 trillion industry by 2030, Citi Bank said in its report.


JP Morgan Chase has become the first bank in the world to set up shop in the metaverse. Its new office is located in the Metajuku Mall in Decentraland, a popular platform for buying real estate in the digital realm, Fortune reported.

Even as technology giants such as Meta and Microsoft are figuring out ways in which they want to build up their versions of the metaverse, real estate in other metaverse platforms are selling like hotcakes. 2021 was the best year in terms of sales valuation for metaverse so far and the numbers are expected to double in 2022. Interestingly, this is all playing out on platforms like Decentraland and Sandbox and JP Morgan wants in.

Continue reading “Metaverse will become a $1 trillion market opportunity, says JP Morgan” »

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