What is Base? Unpacking Coinbase’s new layer-2 network and its impact

Base, Coinbase’s new layer-2 blockchain network, was built to enhance Ethereum’s capacity for decentralized applications, improve user interfaces, and reduce transaction costs. Let’s explore how it works, its implications, and its challenges. дальше »

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Boba Network refreshes brand and revamps user interface

Boba Network, an Optimism-based layer 2 scaling network, is refreshing its brand and revamping the user interface of its Bridge and Gateway дальше »

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Assessing the rise and fall of Cardano

Cardano was briefly displaced by Base in terms of TVL on 22 August. A look at user activity on Cardano revealed a decline in the last month.  During the intraday trading session on 22 AugusThe post Assessing the rise and fall of Cardano appeared first on AMBCrypto. дальше »

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Google Crypto Ad Scam Drains Victim of $900,000; Do We Need Stricter Rules?

The unsuspecting user was redirected to a malicious doppelganger site, "http://cbridge. ceieler. network," instead of CELER. The fraud site then prompted the user to approve a transaction. When the victim complied, his digital assets worth close to $900,000 was reportedly drained from his wallet. дальше »

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Balancer alerts users to V2 Pools threat, affected LPs asked to withdraw funds

Balancer Labs has announced that a number of V2 Pools are vulnerable to an exploit after it received a report to that effect.   The team at the decentralized finance (DeFi) protocol disclosed the said vulnerability on Tuesday, adding that emergency measures had been undertaken to secure a majority of user funds. дальше »

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Friend.tech denies data breach with API clarification

Friend.tech counters claims of a 100k user data breach, emphasizing data was accessed from their public API, not a security lapse. In a statement on X, Friend.tech clarified that the data was accessed through scraping their public API, not a… дальше »

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Friend.tech DApp Denies Doxxing 100,000 Users With Leaked Database

Decentralized social media app friend.tech leaked Twitter IDs of user base.

The post Friend.tech DApp Denies Doxxing 100,000 Users With Leaked Database appeared first on BeInCrypto.

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Data of Over 100,000 FriendTech Users Exposed – But Should Users Be Worried?

Cryptocurrency startup FriendTech suffered a data breach that impacted over 100,000 of its users, according to reports. The exposed user data includes linking FriendTech accounts to individuals’ cryptocurrency wallets and social media profiles. дальше »

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If You Own Bitcoin (BTC), Consider Yourself Very Lucky

A Twitter user estimates that there is an availability of 14. 5 Bitcoin for every 8,000 people. With the world population nearing 8 billion, the limited supply of 21 million Bitcoin means not everyone can own one. дальше »

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Lbank's launch pad 'PINs Network' IEO restarts in 2023

LBank has announced plans to relaunch the Launchpad platform and showcase the PINS Network as its first project. The new Launchpad model of the Lbank Exchange determines the user's investment abiliThe post Lbank's launch pad 'PINs Network' IEO restarts in 2023 appeared first on AMBCrypto. дальше »

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China’s New Metaverse Proposals: Echoes of the Social Credit System

China's metaverse proposals emphasize both user surveillance and tech prowess, highlighting a future of advanced digital integration and oversight. The post China’s New Metaverse Proposals: Echoes of the Social Credit System appeared first on NFT News Today. дальше »

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Shibarium denies bridge issues, calls it FUD

Shytoshi Kusama, co-founder of the Shiba Inu ecosystem, blamed a massive influx of transactions and user activity for technical difficulties on Shibarium. дальше »

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BlockFi opens crypto withdrawals for eligible US users following court order

The lending platform halted client withdrawals amid filing for bankruptcy in November 2022 but later petitioned the court for authorization to return user funds. дальше »

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Shiba Inu Lead Shytoshi Kusama Claims There's No Bridge Issue: 'Funds Are Safu'

Shiba Inu's newly launched blockchain layer, Shibarium, faced unexpected technical challenges due to overwhelming surge in user activity дальше »

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Colombia’s central bank recommends limiting CBDC holdings and spending

Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia. дальше »

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Is opBNB the Next Base? Comparing Binance and Coinbase’s Massive User Numbers

The opBNB mainnet has recently gone live, and its potential impact on the market is already causing ripples according to a recent tweet by trader Nikyous. Binance vs. Coinbase: A Volume Game When it comes to user numbers, Binance boasts a staggering 128 million users, overshadowing Coinbase’s 108 million. дальше »

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Regulatory Clarity and Better User Experience Can Curb ‘Speculation Stigma’ Around Digital Assets, Says Redeem Co-Founder

An interview with Redeem co-founder, Toby Rush. The post Regulatory Clarity and Better User Experience Can Curb ‘Speculation Stigma’ Around Digital Assets, Says Redeem Co-Founder appeared first on BeInCrypto. дальше »

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Mocaverse Evolution: Decentralized Social Layer with Animoca and CyberConnect

CyberConnect partners with Animoca Brands to build a decentralized layer for Mocaverse, leveraging Web3's smart accounts for seamless user experiences. The post Mocaverse Evolution: Decentralized Social Layer with Animoca and CyberConnect appeared first on NFT News Today. дальше »

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Breaking: Binance Connect shutting down on Aug. 16

A spokesperson said the move came in response to “changing market and user needs.”

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Reddit’s NFT Avatars Thrive on Polygon – 20 Million Minted

Reddit's Collectible Avatars on 0xPolygon thrive amidst an NFT slowdown, highlighting the platform's potential to introduce NFTs and Web3 to its vast user base. The post Reddit’s NFT Avatars Thrive on Polygon – 20 Million Minted appeared first on NFT News Today. дальше »

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Superseding indictment against Sam Bankman-Fried includes using $100M for campaign contributions

Sam Bankman-Fried allegedly used more than $100 million in user funds “in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation.” дальше »

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Brian Armstrong Identifies UX Bugs In Coinbase App, Plans Upgrades

The rise in on-chain activity on Conbase’s newly launched layer-2 network, Base, has exposed a few critical anomalies in the Coinbase App.   According to the crypto exchange’s CEO Brain Armstrong, the ongoing “Onchain Summer” revealed that the app’s user experience is bad. дальше »

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Bitget Becomes First Exchange To Report The Status Of Its User Protection Fund

In a steadfast display of dedication to user security, Bitget became the first crypto exchange that released its monthly Protection Fund Valuation Report following regular reports on proof-of-reserves. дальше »

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Brian Armstrong Pledges to Fix Coinbase’s ‘Broken UX’ for NFTs in ‘Onchain Summer’

Armstrong recognizes user experience issues as part of the Onchain Summer celebration. He pointed out the need for improvement, stating: "One thing #OnchainSummer is exposing is just how broken our UX is in the main Coinbase app for NFTs, Dapps, and L2s today. дальше »

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Coinbase CEO admits to broken UX, promises rapid improvements following customer feedback

Coinbase CEO Brian Armstrong said the exchange would improve the user experience on its main application over the next few weeks after conceding that it was broken in an Aug. 12 tweet. Coinbase broken UX According to Armstrong, the user experience on its application was below par, especially for non-fungible tokens, L2s, and decentralized applications. дальше »

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Curve Finance vows to reimburse users after $62M hack

The platform said it would assess each impacted user for reimbursement.

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Coinbase Layer 2 Network Base Records Rapid Adoption After Launch

Coinbase’s newly launched layer-2 network, Base, has reached a new all-time high in user base. According to data from Dune Analytics, Base recorded a 30% increase in daily users, exceeding 100,000 a day following its official launch. дальше »

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Layer 1 Blockchain Aptos to Team Up with Microsoft for Digital Payments and Tokenization

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PayPal’s stablecoin: potential impact and user reactions

PayPal’s stablecoin, PYUSD, made its debut on August 7. Explore PYUSD, what it means for crypto, and how the community reacted. The financial landscape, long accustomed to gradual evolution, witnessed a seismic shift on August 7 when PayPal, a vanguard… дальше »

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Can PayPal’s PYUSD Be Frozen In Your Wallet Like Tether’s USDT?

PayPal and Paxos dominated the news cycle on Monday with the announcement of the launch of the PayPal (PYUSD) stablecoin, but concerns have been raised about the possibility of user assets being frozen in their wallets, as is the case with USDT. дальше »

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Cardano DEX MuesliSwap Addresses Slippage Concerns, Announces Refunds

MuesliSwap, prominent decentralized exchange (DEX) on Cardano network, has responded to user concerns about its slippage feature by announcing comprehensive refund for affected customers дальше »

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Bitcoin: New user influx raises hope amid sluggish price trend

New Bitcoin addresses have hit almost 600,000 as new accounts spiked. BTC was on its third day of decline as it stayed below $30,000. The Bitcoin [BTC] price has been experiencing difficultiThe post Bitcoin: New user influx raises hope amid sluggish price trend appeared first on AMBCrypto. дальше »

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Zoom updates terms after backlash, won’t train AI without consent

Many online said they were halting the use of Zoom over terms that seemingly allowed the platform to scrape user data to train AI models. дальше »

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Here’s What Binance’s Latest Reserves Report Says About Its Ability To Cover User Deposits

Binance, the largest crypto exchange in the world, just released its latest report for its reserves. Following the FTX liquidity issue debacle, crypto exchanges have periodically published reports of their reserve holdings to address investor concerns. дальше »

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Op-ed: PoS layer 1 protocols must make 3 ESG changes to improve the user experience

The following is an op-ed by Maria Eisner, the ESG & Sustainability Lead at Concordium. As Web3 strives for mass adoption, layer 1 protocols should treat users – especially their developers – like consumers. дальше »

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US Crypto User Data Required to Be Collected by Businesses

US mandates crypto user info from businesses in unexpected data grab дальше »

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Alphabet Offloads 90% of Its Robinhood Shares as Exchange’s Crypto Revenues Slide

Alphabet has dumped 90% of its Robinhood shares as the exchange operator's crypto business and monthler user count slides. The post Alphabet Offloads 90% of Its Robinhood Shares as Exchange’s Crypto Revenues Slide appeared first on BeInCrypto. дальше »

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The Sandbox (SAND) Faces Price Threat With $133 Million Token Unlock

On-chain data analysis examines if The Sandbox user base growth and network demand can absorb the 41.85% inflation without threatening SAND price stability. The post The Sandbox (SAND) Faces Price Threat With $133 Million Token Unlock appeared first on BeInCrypto. дальше »

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Why Apple’s iOS 17 Is a Turning Point for Web3 Advertising Strategies

Apple's iOS 17 enhances user privacy by removing URL tracking parameters. While consumers welcome this, Web3 advertisers face challenges in targeting. However, Apple offers privacy-centric solutions for navigating the changing landscape. дальше »

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Revolut to suspend cryptocurrency services in US

Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said. дальше »

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Crypto Sleuth ZachXBT Points Finger at Twitter User as Suspected BALD Project Deployer

Blockchain analyst ZachXBT identified milkyway16eth as the BALD deployer, responsible for the token's rug pull that removed $25. 6 million in liquidity. Speculations also suggest a possible connection with Sam Bankman-Fried. дальше »

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Binance Records New User Base Milestone Amidst Regulatory Troubles

Binance, the world’s largest cryptocurrency exchange, has reached 150 million registered users on its platform. This new milestone comes as fresh air, especially as the exchange has faced global regulatory scrutiny in the past few months. дальше »

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Twitter user unveils possible mastermind behind BALD rug pull

A Twitter user has shared his suspicion that a past associate could be the mysterious figure behind the recent BALD meme coin rug pull дальше »

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Terminal 3 Pre-Seed Funding Round for Decentralized User Data Infrastructure Gains Traction

Terminal 3, a Web3 startup, is excited to announce the success of its pre-seed round that will fund its user data infrastructure to bring about a decentralized future. The pre-seed round was participated by many key investors, including 500 Global, CMCC Global, BlackPine, Hard Yaka, Bored Room, DWeb3, Consensys Mesh, Bixin Ventures, Ventures, Mozaik Capital, […] дальше »

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Terminal 3 Raises Pre-Seed Funding for Decentralized User Data Infrastructure

Hong Kong, Hong Kong, August 2nd, 2023, Chainwire Terminal 3, a Hong Kong-based Web3 startup, has successfully raised an oversubscribed pre-seed round to build user data infrastructure for a decentralized future. дальше »

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Terminal 3 Raises Pre-Seed Funding for Decentralized User Data Infrastructure

Hong Kong, Hong Kong, August 2nd, 2023, Chainwire Terminal 3, a Hong Kong-based Web3 startup, has successfully raised an oversubscribed pre-seed round to build user data infrastructure for a decentralized future. дальше »

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Hoskinson Takes a Swipe at Ethereum While Hailing Cardano’s Innovations

Charles Hoskinson, the co-founder of Ethereum and creator of Cardano, has once again ignited discussions in the cryptocurrency space with his recent retweet. In a seemingly subtle jab towards his former project, Hoskinson retweeted a user who praised the innovations on Cardano’s blockchain while highlighting the efficiency and potential superiority of its EUTXO model and […] The post Hoskinson Takes a Swipe at Ethereum While Hailing Cardano’s Innovations appeared first on CaptainAltcoin. дальше »

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Terminal 3 Raises Pre-Seed Funding for Decentralized User Data Infrastructure

Terminal 3, a Hong Kong-based Web3 startup, has successfully raised an oversubscribed pre-seed round to build user data infrastructure for a decentralized future. дальше »

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Crisis at DeFi Giant Curve Eases After Justin Sun and Others Step In With Help

Sun said a liquidity pool that utilizes tether stablecoins issued on the Tron network would “amplify user benefits,” pointing to saving a potentially bad loan. дальше »

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Sorare Broadens User Base with Cash Wallet

Sorare shakes up its platform by accepting fiat transactions for the first time, removing crypto barriers and introducing new features for the 2023-24 season. The post Sorare Broadens User Base with Cash Wallet appeared first on NFT News Today. дальше »

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