The Art of Making CryptoCurrency
A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and resulted in the theft of $5 million in cryptocurrency. Vaca claims the app, Yobit Pro, exploited Google’s marketing that portrayed the Play Store as a secure […] Source link
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Rhode Island has officially approved a license requested by Twitter Payments LLC, X’s payment branch, to be able to store, transfer, and exchange Bitcoin and other digital assets on behalf of its users. The currency transmitter license is required for companies who want to perform these activities related to Bitcoin and crypto on behalf of its users. This license also includes related service providers, such as wallets, payment processors, and exchanges. Elon Musk has previously stated that he wants to turn X into the “everything app,” sharing that the platform “will add comprehensive communications and the…
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This is an opinion editorial by Leon Wankum, a HODLer who is active in real estate and venture capital with a master’s degree in financial economics. Real estate has proven to be an effective store of value over the last few decades, with property prices around the world having risen sharply since the 1970s. This development coincides with the “Nixon shock” of August 15, 1971, when U.S. President Richard Nixon announced that the United States would end the convertibility of the U.S. dollar into gold. Since then, central banks around…
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This is an opinion editorial by Paolo Tasca, a professor, economist and founder of the University College London’s Centre For Blockchain Technologies and the Distributed Ledger Technology Science Foundation. Bitcoin has held its place as the preeminent digital, robust and unhackable store of value for nearly a decade. Yet, every year, the debate continues about whether bitcoin should evolve to become something more. Can “digital” gold also be the world’s currency? Could Bitcoin’s blockchain be used to register assets of value? Should it? This conversation has peaked with the launch…
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Developers have recently published an Ethereum Improvement Proposal (EIP) introducing a new way to use nonfungible tokens (NFTs). With this system, all NFTs can have a smart contract account, allowing them to store other NFTs or crypto tokens. Cointelegraph spoke with Future Primitive’s Jayden Windle and Benny Giang, the authors of EIP-6551, to explain the use cases of the proposal and its implications for the crypto space. Jayden Windle and Benny Giang explain ERC-6551. Source: Cointelegraph According to Windle, while there are a lot of complicated workings behind the feature,…
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