BLOCKCHAIN

Bitcoin Ordinals creator Casey Rodarmor pitches BRC-20 alternative ‘Runes’

[ad_1] The inventor of Bitcoin Ordinals is proposing a new Bitcoin-based fungible token protocol as a potential alternative to the BRC-20 token standard. The BRC-20 standard was launched in March by an anonymous developer “Domo.” Within two months, the BRC-20 market cap reached $1 billion, with PEPE and ORDI among the most notable BRC-20 tokens created on Bitcoin.New terrible idea just dropped: Runes.A worse-is-better fungible token protocol for Bitcoin.https://t.co/TPVrUvWxm8— Casey
BLOCKCHAIN

NASA plans to prove its next Moon landing is real using blockchain

[ad_1] NASA and its partners Lonestar, a computing startup based in Florida, and the Isle of Man, will send a payload to the Moon containing “data cubes” in February of 2024. The data secured in these cubes will be verified back on Earth using blockchain technology.If all goes to plan, when NASA launches its second crewed mission, Artemis 3, in 2025, the same blockchain technology will verify once-and-for-all and immutably
BLOCKCHAIN

$200M Mixin Network hack draws controversy

[ad_1] Hong Kong-based decentralized cross-chain transfer protocol Mixin Network is drawing controversy over the disclosure of a $200 million hack on Sept. 25.In a post on Sept. 25, Zhuoer Jiang, CEO of Bitcoin mining pool BTC.TOP, claimed that BTC stored in the Mixin protocol "should have never been stolen in the first place." Jiang claims that, normally, Mixin's Bitcoin (BTC) would have been "kept in cold storage" and remained unaffected by
BLOCKCHAIN

Huobi Global hacked for $7.9M: Report

[ad_1] Huobi Global exchange was hacked on Sept. 24, according to a report from blockchain analytics platform Cyvers. A total of $7.9 million of crypto has been drained in the attack. Huobi is also known as "HTX," as it recently rebranded.A known Huobi hot wallet posted a message to the attacker in Chinese. According to the message, the exchange knows the identity of the attacker and has offered to let
BLOCKCHAIN

Digital Yuan app adds prepaid Mastercard VISA top-ups for tourists

[ad_1] Tourists planning on visiting the People's Republic of China can now pre-charge Digital Yuan wallets using VISA and Mastercard payment options as the nation continues to update the mobile app powering its CBDC pilot.The e-CNY app, which is still in its pilot version, is available to iOS and China-based Google Play Store users. The application serves individual users, allowing them to open digital renminbi wallets to make use of
BLOCKCHAIN

Crypto sees outflows for 6th consecutive week, XRP and SOL gain investor confidence

[ad_1] Crypto investment products registered their sixth consecutive week of outflows in the week ending on Sept. 24. According to data shared by Coinshares, digital asset outflows from crypto investment products reached $9 million last week.Weekly crypto asset flows. Source: CoinSharesBitcoin (BTC) registered a third consecutive week of outflows with the past week's outflows reaching $6 million. Short-bitcoin positions saw outflows of $2.8 million. On the other hand, Ethereum (ETH)
BLOCKCHAIN

Arbitrum DAO takes $56M of unclaimed ARB as airdrop deadline ends

[ad_1] Arbitrum, a major Layer 2 solution for the Ethereum blockchain, has officially added the unclaimed tokens from the Arbitrum airdrop to its network’s treasury.The Arbitrum Foundation sent 69.4 million unclaimed Arbitrum (ARB) tokens to the Arbitrum’s decentralized autonomous organization (DAO) treasury on Sept. 24, the foundation announced on X (formerly Twitter).The foundation emphasized that Arbitrum users will no longer be able to claim ARB tokens anywhere. “Please be safe
BLOCKCHAIN

Tether reportedly shuts USDT redemption for some Singapore customer groups

[ad_1] Tether, the largest stablecoin issuer behind USDT, has reportedly changed its terms of services (ToS) in Singapore. An email shared by the decentralized finance protocol Cake CEO on Sept. 25 shows the changes to Tether's ToS prohibiting certain customer base from redeeming USDT.The CEO of Cake Group Dr. Julian Hosp took to social media platform X (formerly Twitter) to share the email received from Tether informing that they cannot redeem
BLOCKCHAIN

Mixin Network hack drains $200M from mainnet assets

[ad_1] Decentralized peer-to-peer network Mixin Network has lost approximately $200 million in a hack involving the compromise of the database of a third-party cloud service provider.On Sept. 25, Mixin Network confirmed that a hack conducted two days ago — on Sept. 23 — drained approximately $200 million worth of crypto assets from its mainnet. An immediate suspension of all deposit and withdrawal services on Mixin Network followed the revelation.[Announcement] In
BLOCKCHAIN

Chainlink downplays worries after users notice quiet change to multisig

[ad_1] Decentralized oracle network Chainlink has downplayed a recent change in the number of signers required on its multisig wallet — a move that garnered backlash on social media from vocal critics.Crypto researcher Chris Blec was among a number of users on X (formerly known as Twitter) who called out Chainlink for quietly reducing the number of signatures required on its multi-signature wallet from 4-of-9 to 4-of-8. The 4-of-8 multisig