Optimism Hacker Sends 1 Million Tokens to Ethereum Founder Vitalik Buterin

Optimism’s mysterious hacker is at it again.  Ethereum layer-2 scaling solution Optimism revealed yesterday that a hacker made away with 20 million Optimism (OP) tokens after token launch partner Wintermute accidentally transferred the tokens to the wrong account. Now, the hacker has made their next move, sending one million of the stolen OP tokens to Ethereum co-founder Vitalik Buterin’s wallet.  OP tokens are the native tokens of Optimism’s new DAO, the Optimism Collective DAO…. Source link

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This key Ethereum price metric shows ETH traders aren’t as bearish as they appear

Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to move the altcoin’s price.  The merge is meant to address energy-use issues and open a path for higher transaction output, but the actual full transition for the Ethereum network is not expected until later in the year. Ethereum developer Parithosh Jayanthi also noted that some bugs on the PoS implementation emerged, but those should be fixed over the… Source link

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Monero [XMR] kicks off tail emission; is it enough to trigger some upside

Monero just announced the launch of its tail emission upgrade which is one of its latest and greatest milestones. Here’s what you need to know about the upgrade, its impact on Monero and whether it will impact XMR’s price action. The tail emission upgrade can best be described as a perpetual incentive designed to incentivize mining. The upgrade will provide a 0.6 XMR reward for every block created in the network. However, the most notable thing about the reward is that it… Source link

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Litecoin Gets the Boot; India's Tax Typo – CoinDesk

Litecoin Gets the Boot; India's Tax Typo – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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First Mover Americas: Bitcoin Defends $30K as ECB Preps First Rate Hike in More Than Decade – CoinDesk

First Mover Americas: Bitcoin Defends K as ECB Preps First Rate Hike in More Than Decade – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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How Monero (XMR), Decentraland (MANA) and Chronoly (CRNO) will explode in June 2022

So, everyone knows that the crypto market took a ginormous $2 trillion loss last month following the collapse of Terra/Luna cryptocurrency. For a while, things in the crypto market looked genuinely shaky, with many wondering if the whole cryptocurrency world was crashing down into an ignominious end. For sure, some people have taken heavy losses and, while that is unfortunate, crypto is still very much here and going strong. In fact, some coins are not just holding value but look set to… Source link

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Important Monero (XMR) Update Kicks in Play, What to Expect

On the verge of June 8 and 9, Monero (XMR) announced the launch of the much anticipated community-driven “tail emission” update. First of all, let’s define the terminology. Tail emission is a mechanism for continuously paying rewards for computing blocks, even after the last Monero (XMR) is created. Miners will always be paid for mining XMR, and they will never have to rely solely on commissions. It’s finally here! 🎉 The Monero #TailEmission starts today! After ~9p ET (~1 UTC), Source link

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What is the Definition of Litecoin (LTC) and How Does it Work?

Litecoin is a form of cryptocurrency and it has been around a decade ago that has emerged as many alternatives like bitcoin. Just as you consider Bitcoin as a secure payment form, Litecoin is also completely secure for payment. However, some users and investors keep it in their portfolio because they believe that it can prove to be an investment. Many people have tried to invest to take advantage of the popularity of cryptocurrencies, including Litecoin however, they should read articles… Source link

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