• Algorand has recently launched AlgoKit, a comprehensive toolkit aimed at helping developers transition to the web3 landscape. • The toolkit is designed to streamline the creation, deployment, and management of dApps on the Algorand blockchain. • AlgoKit intends to cater to both experienced blockchain developers and newcomers, providing an all-encompassing solution for integrating web3 features. Algorand Introduces AlgoKit Algorand has recently unveiled AlgoKit, a comprehensive toolkit designed to support developers as they transition to the emerging web3 landscape. This initiative seeks to promote the growth of decentralized applications and the future of the internet…. Read Article →
Monthly Archives: März 2023
• A hacker hijacked Circle CSO’s Twitter account on March 22, 2023. • The account was taken down by Twitter after reports of the hack and the scammer posted links to bogus loyalty benefits to long-time customers of USDC. • Crypto whales have experienced significant losses due to the USDC depegging episode. Hacker Hijacks Circle CSO’s Twitter Account On March 22, 2023, according to an official statement published by Circle, the company responsible for issuing USD Coin (USDC), their Chief Strategy Officer (CSO) and Director of Global Policy Dante Disparte’s Twitter account had been hacked…. Read Article →
• InvestAnswers believes the current state of the banking industry is beneficial for Bitcoin, causing a surge in new traders. • Individuals are investing fiat dollars into BTC due to fears about the security of their own currency. • Bitcoin experienced a meteoric climb when US banks collapsed, reaching a high of $26,000 on March 14th. Banking Breakdown Good for Bitcoin InvestAnswers believes that the banking breakdown is good for bitcoin, resulting in an influx of traders coming into the BTC market. Analysts believe that individuals are investing fiat dollars into bitcoin due to worries… Read Article →
• Jared Ferguson, a Coinbase customer, is suing the crypto exchange for a $96,000 loss after they faced a SIM-swap hack. • The crypto community has expressed mixed reactions concerning the case. • Jack Adams blames Coinbase for the loss citing that Jared could be among the clients whose information fell into the hands of the hackers. Crypto Client Sues Coinbase Over $96k Hack A Coinbase client, Jared Ferguson of Staten Island, New York has sued the crypto exchange for a $96,000 lost due to a SIM-swap hack. He claims that his life savings were… Read Article →
• Ethereum (ETH) failed to reclaim the much-coveted $2,000 price territory in February despite closing the month with a 1.26% increase. • Throughout February, investors‘ confidence remained strong, as evidenced by a cluster of massive deposits into the ETH 2.0 contract and an increase in whale accumulation. • Ethereum ended February at $1,605 – a 1.26% increase from its opening value. Ethereum Fails to Reclaim $2,000 Ethereum (ETH) failed to reclaim the much-coveted $2,000 price territory in February despite closing the month with a 1.26% increase. The asset’s performance in February was mainly tied to… Read Article →