Autor Cointelegraph By Jesse Coghlan

Nifty News: Zilliqa teases Web3 gaming console, Funko teams up with Warner Bros. and more…

Nifty News: Zilliqa teases Web3 gaming console, Funko teams up with Warner Bros. and more…

Uverejnil používateľ | sep 23, 2022 |

Blockchain company Zilliqa is launching a Web3 focused console with a cryptocurrency wallet and mining capabilities, along with featuring gaming titles from the company.On Sept. 23, prototype images were released showing an array of ports including HDMI, Ethernet and USB connections, although full hardware specifications and the price of the unit remain guarded. The console itself looks similar to something from Xbox, but has two green panels on the top. The #Zilliqa gaming console seems to be taking a page form the OG Xbox playbook by putting letter into the hardware design.$ZIL #web3 #playtoearn pic.twitter.com/mln1kiUrwD— ChaseRaz (@ChaseRaz) September 22, 2022Zilliqa has said the console is geared toward user-friendliness and similar to conventional gaming titles will incentivize users to complete gaming missions, quests and tasks to mine its native token ZIL as a reward.Beta testing on the console starts in October, with units expected to be available for pre-order in the first quarter of 2023. Zilliqa is a layer-1 blockchain designed for creating smart contracts and decentralized applications (DApps), it has 15 gaming projects according to its website.In July Web3 gaming startup Polium announced its similar console, “Polium One”, supporting gaming non-fungible tokens (NFT) across eight blockchains, although the Polium One isn’t set for release until Q3 2024.Funko and Warner Bros. collab on Walmart exclusive NFTsPop culture brand Funko has partnered with entertainment company Warner Bros. to offer bundled physical and NFT collectables exclusively through American retail giant Walmart.The bundle includes a physical comic book cover and Funko figurine for DC Comics “The Brave and the Bold,” known amongst fans for introducing the concept of the popular “Justice League” superhero team, along with a matching Funko “Digital Pop!” NFT.Funko’s “Brave and the Bold” physical bundle. Source.The collection is limited to 30,000 units and will debut during Walmart’s Collector Con in October, the NFTs will mint on the WAX blockchain.Funko has continued to expand the NFT counterpart of its flagship “Pop!” figurine line which started in Aug. 2021 with a Teenage Mutant Ninja Turtles collection. Funko CEO Andrew Perlmutter has stated the company is creating NFTs to meet demand from younger collectors who value digital goods and assets. New England Patriots get Web3 partner in ChainWeb3 software company Chain has become the official blockchain and Web3 sponsor of the National Football League (NFL) team New England Patriots, professional soccer team New England Revolution and both team’s home ground, Gillette Stadium.Related: NFTs ‘biggest on-ramp’ to crypto in Central, Southern Asia and Oceania: ReportChain has partnered in a multi-year deal with Kraft Sports + Entertainment, the owner of both professional teams and the stadium, to develop what it calls “state-of-the-art Web3 experiences” using Chain’s product suite, but didn’t provide exact details on its plans.Chain CEO Deepak Thapliyal did state however that the company is aiming to “build cutting edge experiences for stadium visitors” as part of Chain’s product lineup includes support for NFTs.Christina Aguilera files for NFT and Metaverse trademarksFilings shared by trademark attorney Mike Kondoudis show singer Christina Aguilera has filed trademark applications with the United States Patent and Trademark Office for multiple NFT, Metaverse and crypto related products.The filings reveal plans for the star to create audio, video and music files “authenticated by NFTs” along with “blockchain based non-fungible assets” such as virtual avatars, clothing, beauty products, other virtual merchandise and “crypto collectibles.”Part of the application also mentions Aguilera providing musical performances, concerts and games “in the Metaverse and other virtual environments.”More Nifty News:NFT marketplace OpenSea announced the implementation of OpenRarity on Sept. 22, a protocol that provides verifiable rarity calculations for NFTs within its platform. The protocol uses a transparent mathematical approach to calculating rarity. Web3 tech firm nameless is set to launch an NFT software product that enables developers to test their NFT smart contracts on fully private test nets.

Čítaj viac
Fork, yeah! Cardano Vasil upgrade goes live

Fork, yeah! Cardano Vasil upgrade goes live

Uverejnil používateľ | sep 23, 2022 |

After several months of delays, the Cardano Vasil upgrade and hard fork has finally gone live as of Thursday at 9:44 pm UTC, bringing “significant performance and capability” enhancements to the blockchain.The success of the Cardano mainnet hard fork was announced by blockchain company Input Output Hong Kong (IOHK) on Twitter on Thursday, while others also observed the hard fork tick over in a live Twitter Spaces with Cardano co-founder Charles Hoskinson. #Vasil mainnet HFC event successful!We’re happy to announce that today, at 21:44:00 UTC, the IOG team, in collaboration with the @CardanoStiftung, successfully hard forked the Cardano mainnet via a HFC event, thus deploying new #Vasil features to the chain.1/5— Input Output (@InputOutputHK) September 22, 2022IOHK previously stated the significant upgrades brought by the fork is block transmission without full validation, allowing for faster block creation. Upgrades to its Plutus smart contracts for increased efficiency also allow decentralized applications to deploy and run at lower costs.Better buy some mouthwash. Vasil is live. Anyone have recommendations for Greg 🙂 https://t.co/RTehxad97Z— Charles Hoskinson (@IOHK_Charles) September 22, 2022

New capabilities brought by the Plutus script upgrades will become available for developers on the mainnet on Sept. 27, after one epoch which currently lasts around five days.Bill Barhydt, founder of crypto trading platform Abra called the upgrade a “big win for developers” with decentralized finance platform Genius Yield tweeting it was “one of the most complex and consequential updates to the Cardano network ever done.”Congrats to Cardano ($ADA) team on Vasil hardfork. More hard work in crypto paying off.Making UTXO’s and inputs accessible to scripts/Plutus without spending them is a big win for developers. Well done! Congrats @IOHK_Charles @CardanoStiftung and teams!— Bill Barhydt (@billbarhydt) September 22, 2022

The date for the upgrade was announced in early September by IOHK, while the “critical mass indicators” needed to trigger the hard fork were reached in the 24 hours leading up to the event.Related: Ethereum post-Merge hard forks are here: Now what?It comes after months of delays and reschedules, with the launch day originally slated for June, it was twice delayed due to issues on the testnet caused by bugs in a prior node version creating compatibility issues.Following the Vasil upgrade, Cardano is continuing to develop it’s layer-2 scaling solution, the Hydra head protocol, which processes transactions off the Cardano blockchain whilst still using it as the security and settlement layer.The latest update on Hydra from Sept. 16 detailed the team addressed a known issue with the Hydra nodes. The protocol has no set launch date, but it’s intended for sometime in late 2022 or the first quarter of 2023.The announcement of the successful launch sent the price of Cardano’s coin ADA upwards by nearly 4% over the last 24 hours to $0.46 according to CoinGecko data, although it is still down over 4.5% on the week.

Čítaj viac
Tornado Cash left a void, time will tell what fills it — Chainalysis chief scientist

Tornado Cash left a void, time will tell what fills it — Chainalysis chief scientist

Uverejnil používateľ | sep 22, 2022 |

The sanctions on cryptocurrency mixer Tornado Cash has left a vacuum for illicit fund mixing services, but more time is needed before we’ll know the full impact, according to Chainalysis’ chief scientist.During a demo of Chainalysis’ recently launched blockchain analysis platform Storyline, Cointelegraph asked Chainalysis chief scientist Jacon Illum and country manager for Australia and New Zealand Todd Lenfield about the impact of the Tornado Cash ban.Illum said whilst there is still some usage of the mixer, more time was needed to “see what’s happening” and how the ”world responds to that designation,” adding that people are trying to figure out what to do now the crypto mixer is effectively gone:“People are getting more cautious in the space and are not sure how to interact with Tornado Cash, we’ve seen deposits into services providing similar activity go down at least temporarily, because people are measuring like ‘what does this mean for me?’”But, where others see obstacles, some are clearly seeing opportunity, Illum noted a crop of what he calls “junior mixers” have popped up looking to cash in on the void that Tornado Cash left.An August report by blockchain security firm SlowMist stated 74.6% of stolen funds on the Ethereum (ETH) network were transferred to Tornado Cash in the first half of 2022, a sum of over 300,000 ETH, around $380 million.Data from Chainalysis showed the 30-day moving average of the total daily value received by crypto mixers reached a new all-time high of $51.8 million in April.“If the liquidity isn’t there, you effectively dry up a lot of [a mixers] capability,” Lenfield added.“The hunting for places where there is liquidity, when it’s highly visible after things like the OFAC sanctioning of Tornado Cash, I think makes a very interesting space to keep an eye on.”Tornado cash was sanctioned by the United States Treasury Department on Aug. 8 meaning criminal or civil penalties could be brought against U.S. citizens or entities who interact with the mixer. Over 40 cryptocurrency addresses purportedly connected to Tornado Cash were added to the Specially Designated Nationals list of the Office of Foreign Asset Control (OFAC).Related: Tornado Cash is the latest chapter in the war against encryptionAsked about the level of sophistication that law enforcement agencies had in dealing with crypto related crime, Illum mentioned one of the biggest gaps in law enforcement at the moment is blockchain-related training. “As [blockchain] gains adoption, there’s more people that are getting exposure to crypto, which also means that there are more agents or law enforcement personnel that need to have exposure to crypto as well.”Lenfield noted that authorities are starting to build capabilities around cryptocurrencies, citing the Australian Federal Police’s (AFP) recent establishment of a cryptocurrency unit focused on monitoring crypto transactions.“It is active in their minds, they are setting goals, and they’re working through that…but as in any aspect, there’s that learning curve to get them there, but there is 100% visibility and development in this space by those agencies.”Earlier in September, Chainalysis Crypto Incident Response team helped law enforcement recover $30 million in crypto stolen in the Ronin Bridge hack by the North Korean linked Lazarus Group who used Tornado Cash to launder stolen assets.

Čítaj viac
Cardano Vasil upgrade ready with all ‘critical mass indicators’ achieved

Cardano Vasil upgrade ready with all ‘critical mass indicators’ achieved

Uverejnil používateľ | sep 22, 2022 |

The Cardano Vasil upgrade is set to take place in less than 24 hours on Sept. 22, with the Cardano team noting all three “critical mass indicators” needed to trigger the upgrade are now met.A Sept. 21 update on Twitter by the company behind Cardano, Input Output Hong Kong (IOHK) states within the last 48 hours 13 cryptocurrency exchanges had confirmed their readiness for the hard fork, representing over 87% of Cardano’s (ADA) liquidity.With this latest addition we have met all 3 critical mass indicators:39 exchanges upgraded (87,59% by liquidity)Over 98% of mainnet blocks are now being created by the Vasil node (1.35.3)The top Cardano #DApps by TLV have confirmed they have tested and are ready— Input Output (@InputOutputHK) September 21, 2022Of the top exchanges for ADA liquidity, Coinbase is the only exchange listed as “in progress” regarding its integration status, according to an ecosystem readiness page by IOHK.However, a recent tweet by Coinbase has already hinted it will support the fork, saying ADA transactions will be halted for maintenance “for the Cardano Vasil hard fork.”Originally intended for a June launch, the Vasil upgrade has seen its launch day twice rescheduled, most recently due to a bug discovered in Cardano’s prior node version which created incompatibility issues.With an updated Vasil node in place, over 98% of mainnet blocks are now being created by the updated nodes, while the blockchain’s top decentralized applications (DApps) have also confirmed their readiness, marking all three metrics needed for the upgrade go-ahead. Hey #Cardano $ADA users!We’re ready for the @Cardano Vasil upgrade tomorrow No downtime is expected or further actions required, sit back, relax and enjoy the upgrade‍♀️Any Comment Onwards!— Ledger Support (@Ledger_Support) September 21, 2022

News of the upgrade has seen social media chatter about ADA increase by 35.16% over the past seven days from Sept. 19 according to market intelligence platform Santiment, third behind Ripple (XRP) and Ethereum (ETH). #Crypto markets have obviously taken a big hit over the past week, but it’s interesting to see where social interests have shifted. $ETH, $XRP, $ADA, $MATIC, and $SHIB have increased in discussions, while most other assets are being discussed far less. https://t.co/B461oasvSr pic.twitter.com/c6FVIS90gG— Santiment (@santimentfeed) September 19, 2022

Once live, the upgrade will be the blockchain’s most significant since its Alonzo hard fork in September last year, which brought functionality for smart contracts for the first time. This upgrade aims to bring smart contract enhancements, reduced costs, and increased throughput on the network. IOHK said one of the most significant upgrades brought by the fork is faster block creation as they can be transmitted without full validation.Related: Cardano outranks Bitcoin in global top intimate brands in new reportThe Vasil upgrade is named after the late artist Vasil Stoyanov Dabov, a Cardano community member and ambassador who passed away in December 2021 due to a pulmonary embolism.Currently, ADA’s price sits at $0.44 as per CoinGecko, down 3.4% over 24 hours and down over 85% from its $3.09 all-time high from Sept. 2nd, 2021.

Čítaj viac
White hat finds huge vulnerability in ETH to Arbitrum bridge: Wen max bounty?

White hat finds huge vulnerability in ETH to Arbitrum bridge: Wen max bounty?

Uverejnil používateľ | sep 21, 2022 |

A self-described white hat hacker has uncovered a “multi-million dollar vulnerability” in the bridge linking Ethereum and Arbitrum Nitro and received a 400 Ether (ETH) bounty for their find.Known as riptide on Twitter, the hacker described the exploit as the use of an initializing function to set their own bridge address, which would hijack all incoming ETH deposits from those trying to bridge funds from Ethereum to Arbitrum Nitro.Riptide explained the exploit in a Medium post on Sept. 20:“We could either selectively target large ETH deposits to remain undetected for a longer period of time, siphon up every single deposit that comes through the bridge, or wait and just front-run the next massive ETH deposit.”The hack could have potentially netted tens or even hundreds of millions worth of ETH, as the largest deposit riptide recorded in the inbox was 168,000 ETH worth over $225 million, and typical deposits ranged from 1000 to 5000 ETH in a 24-hour period, worth between $1.34 to $6.7 million.Despite the earning potential from the ill-gotten gains, riptide was thankful that the “extremely based Arbitrum team” provided a 400 ETH bounty, worth over $536,500, however they added later on Twitter that such a find “should be eligible for a max bounty,” which is worth $2 million.No big deal just bridging a cool $470mm through the same Inbox contract Definitely should be eligible for a max bountyhttps://t.co/w7S58QNQZu— riptide (@0xriptide) September 20, 2022Neither Arbitrum nor its creator company OffChain Labs have publicly commented on the exploit, Cointelegraph contacted OffChain Labs for comment but did not immediately hear back.Related: ETHW confirms contract vulnerability exploit, dismisses replay attack claimsArbitrum is a layer-2 Optimistic Rollup solution for Ethereum, clustering batches of transactions before submitting it to the Ethereum network in an effort to minimize network congestion and save on fees. Arbitrum Nitro launched on Aug. 31st, an upgrade aimed to simplify communication between Arbitrum and Ethereum as well as increasing its transaction throughput at lower fees. Similar style bridge hacks have been successful for exploiters this year, notably the $100 million stolen from the Horizon Bridge in June and the recent Nomad token bridge incident in August which saw $190 million drained by the original and “copycat” hackers repeating the exploit.

Čítaj viac

Získaj BONUS 8 € v Bitcoinoch

nakup bitcoin z karty

Registrácia Binance

Burza Binance

Aktuálne kurzy