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Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He ‘Failed’
13.8.2020
Yield farmers excited about the recent decentralized finance (defi) project, Yam Finance, got a rude awakening after the token’s value plummeted in value to near zero. Yam Finance developers discovered a major flaw in the rebasing contract and at 4 a.m. ET, cofounder Brock Elmore tweeted that...
Collective #618
13.8.2020
Elder.js * Serverless: I'm a big kid now * The Endless Doomscroller * Building a Design System Library
The post Collective #618 appeared first on Codrops
305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro
13.8.2020
Venezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the petro, as the unit of account for tax payments. Taxing in Petro The Bolivarian Council of Mayors signed...
Stacked Cards with Sticky Positioning and a Dash of Sass
13.8.2020
The other day, I spotted this particularly lovely bit from Corey Ginnivan’s website where a collection of cards stack on top of one another as you scroll.
I started wondering how much JavaScript this would involve and how you’d go about making it when I realized — ah! — this must be the work...
First Mover: Ethereum Faces Inflation Problem as Gas Fees Soar
13.8.2020
Ethereum "gas" prices are soaring, and cryptocurrency traders say it's a reflection of congestion on the blockchain that's now starting to slow down transactions on decentralized exchanges
High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’
13.8.2020
Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. This was the same time as many countries implemented lockdown measures....
Australian Woman Jailed Two Years for Stealing $300,000 Worth of XRP
13.8.2020
An Australian hacker who stole 100,000 units of the XRP cryptocurrency has been sentenced to a maximum of two years and three months in jail, local media reported. Kathryn Nguyen hacked the crypto account of a 56-year old man in January 2018. Working with an accomplice, the 25-year-old Sydney woman...
Oracle-Mania & the Binance Effect
13.8.2020
Powered by Every week, IntoTheBlock brings you an on-chain analysis of top news stories in the crypto space. Leveraging blockchain’sContinue Reading
The post Oracle-Mania & the Binance Effect appeared first on CoinMarketCap Blog
Bitcoin Users Leery of Tor: 23% of the Network’s Exit Capacity Compromised
13.8.2020
Hackers are stealing bitcoin through the large-scale use of malicious relays on the Tor network according to a newly published research report on the subject. The researcher dubbed “nusenu” said he warned people about the growing problem in December 2019 but instead of improving...
Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
13.8.2020
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited....
Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials
12.8.2020
The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew. The previous peak of just under 60% was reached earlier on in the second quarter of 2020. Skew said the rising correlation supports the idea that bitcoin (BTC)...
Chapter 2: Browsers
12.8.2020
Previously in web history…
Sir Tim Berners-Lee creates the technologies behind the web — HTML, HTTP, and the URL which blend hypertext with the Internet — with a small team at CERN. He convinces the higher-ups in the organizations to put the web in the public domain so anyone can...
Russia Developing AI System to Monitor Cryptocurrency Transactions — Prototype Already in Use
12.8.2020
Russia is reportedly developing a system using artificial intelligence to track and analyze transactions involving cryptocurrencies, such as bitcoin, dash, and monero. The system prototype has already been created and is currently being tested. This news followed the signing of crypto regulation...
Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project – Nest Protocol
12.8.2020
As the world’s leading regulatory compliant digital asset exchange, Coinbase sets one of the most stringent requirements for digital asset listing which includes technical evaluation of projects, legal and risk analysis, market supply and demand analysis, and crypto-economics. Coinbase holds...
Practical Use Cases for JavaScript’s closest() Method
12.8.2020
Have you ever had the problem of finding the parent of a DOM node in JavaScript, but aren’t sure how many levels you have to traverse up to get to it? Let’s look at this HTML for instance:
<div data-id="123"<buttonClick me</button</div
That’s pretty straightforward, right? Say...
$4.6 Billion Under Management: Grayscale Purchased Over $100M Worth of Bitcoins Last Week
12.8.2020
This week cryptocurrency proponents discussed the firm Grayscale Investments, as the firm purchased 9,702 bitcoins (over $110 million) in the past five days. The news follows Grayscale informing the U.S. Securities and Exchange Commission (SEC) that the Bitcoin Trust (GBTC) grew over $1.6 billion...
First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins
12.8.2020
So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes
LocalCryptos Integrates Inbuilt Crypto-To-Crypto Exchanges, Powered by ChangeNOW
12.8.2020
ChangeNOW is happy to announce the integration with LocalCryptos – the world’s most popular non-custodial peer-to-peer crypto marketplace! From now on, LocalCryptos users can swap cryptocurrencies right inside its built-in non-custodial crypto wallet. To perform the desired trade in...
CoinMarketCap Earn: Gain Crypto Through Education
12.8.2020
CoinMarketCap has launched CoinMarketCap Earn, a place for crypto enthusiasts to learn more about a cryptoasset while getting crypto rewardsContinue Reading
The post CoinMarketCap Earn: Gain Crypto Through Education appeared first on CoinMarketCap Blog
CoinMarketCap Earn: Gain Crypto Through Education
12.8.2020
CoinMarketCap has launched CoinMarketCap Earn, a place for crypto enthusiasts to learn more about a cryptoasset while getting crypto rewardsContinue Reading
The post CoinMarketCap Earn: Gain Crypto Through Education appeared first on CoinMarketCap Blog