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Blockchain

What are open-source protocols, and how do they work?

What are open-source protocols, and how do they work?

[ad_1] Understanding open-source protocols Open-source protocols have become a mainstay in the tech world and are gaining traction due to the myriad benefits that they offer over their proprietary counterparts. The protocols are typically created with the intention of being used by the public, enabling anyone to examine, alter and share their code. The benefits […]

9 protocols criticize LayerZero’s wstETH token, claiming it’s ‘proprietary’

9 protocols criticize LayerZero’s wstETH token, claiming it’s ‘proprietary’

[ad_1] A new bridged token from cross-chain protocol LayerZero is drawing criticism from nine protocols throughout the Ethereum ecosystem. A joint statement from Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer and Router on Oct. 27 called the token’s standard “a vendor-locked proprietary standard,” claiming that it limits the freedom of token issuers. Today, we’re […]

Web3 startups kick off Cointelegraph Accelerator second cohort

Web3 startups kick off Cointelegraph Accelerator second cohort

[ad_1] Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a media and strategic partner, announced its second cohort launching in October 2023 for up-and-coming Web3 startups. Selected from over 1000 startup applications, the 16 participants of the second cohort of the Cointelegraph Accelerator program represent a wide array of Web3 verticals, including decentralized […]

Gary Gensler teases details of SEC’s $5B take from enforcement actions, shades crypto

Gary Gensler teases details of SEC’s $5B take from enforcement actions, shades crypto

[ad_1] United States Securities and Exchange Commission (SEC) Chair Gary Gensler’s speech at the 2023 Securities Enforcement Forum shed light on the regulatory body’s enforcement actions amounting to $5 billion in judgments and orders. However, Gensler’s dig at the cryptocurrency market became a talking point for the crypto community on social media when he said: “Don’t […]

Helsinki’s claim to crypto fame – Cointelegraph Magazine

Helsinki’s claim to crypto fame – Cointelegraph Magazine

[ad_1] This “Crypto City” guide looks at Finland’s crypto culture: The most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses. City: HelsinkiCountry: FinlandPopulation: 1.55 million Established: 1550Languages: Finnish and Swedish, with English widely spoken Jump to: Crypto culture, Where to spend crypto in Helsinki, Crypto […]

Bitcoin price surge drives BTC-related stocks to new multiweek highs

Bitcoin price surge drives BTC-related stocks to new multiweek highs

[ad_1] Monday’s Bitcoin (BTC) price surge has catapulted Bitcoin-related stocks to new heights, with the likes of Coinbase and MicroStrategy posting new multiweek highs. Bitcoin mining stocks saw significant gains amid BTC price momentum, with United States-listed Riot Blockchain recording an 11.69% surge and Marathon Digital Holdings seeing a 14.6% increase. The upcoming halving event, […]

Tracking stolen crypto — How blockchain analysis helps recover funds

Tracking stolen crypto — How blockchain analysis helps recover funds

[ad_1] Amid the rapid evolution of decentralized finance (DeFi) and the broader Web3 landscape, security is of paramount importance. New threats continue to emerge, making it essential to understand attack patterns for risk assessment and reliability evaluation. In 2023 alone, over $990 million was lost or stolen, according to Cointelegraph’s Crypto Hacks database.  This growing […]

Games need decentralized randomness to be fair

Games need decentralized randomness to be fair

[ad_1] Quantum mechanics tells us that what looks like a highly predictable and orderly universe is built on a world of unpredictability and mere probability. While the quantum world looks bizarre, it can be understood and even harnessed for technology like semiconductors, LEDs, and quantum cryptography. Something similar can be said about randomness in the […]

NFT Creator – Cointelegraph Magazine

NFT Creator – Cointelegraph Magazine

[ad_1] A self-proclaimed jack of all trades and master of none, OSF has become a prolific figure in the nonfungible token world in just over two years, trading his former life at Barclay’s to focus full-time on Web3, his digital art pursuits, his PFP project Rekt Guy and living the life of a degen collector.  […]