Coingeek: Hodlnaut trims workforce by 80% as it attempts to resolve financial woes
Monday, 22 August 2022 19:00
Embattled digital currency lender Hodlnaut laid off 80% of its workforce amid its current financial plight brought about by the so-called crypto winter but assured customers that steps are being taken towards recovery. [...] Read More... The post Hodlnaut trims workforce by 80% as it attempts to…
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Coingeek: HUSD stablecoin recovers—what caused it to depeg?
Monday, 22 August 2022 17:00
Huobi explains that the depeg was caused by a decision to close market maker accounts in several regions to comply with regulations. [...] Read More... The post HUSD stablecoin recovers—what caused it to depeg? appeared first on CoinGeek.
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Coingeek: FTX US, several others get cease-and-desist orders over deposit insurance claims
Monday, 22 August 2022 15:00
Several digital asset entities were served cease-and-desist letters for falsely claiming that the FDIC insures a number of their crypto-related products. [...] Read More... The post FTX US, several others get cease-and-desist orders over deposit insurance claims appeared first on CoinGeek.
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Coingeek: More proof that UTXO is superior to account-based systems
Monday, 22 August 2022 13:00
UTXO is like cash in that every bill or coin is independent from each other, and if the dollar bill is authentic, the validity of a transfer is absolute and not contingent upon a separate accounting. [...] Read More... The post More proof that UTXO is superior…
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Coingeek: Gregory Ward on The Bitcoin Bridge: BSV Blockchain an ‘absolute fit’ for cybersecurity
Monday, 22 August 2022 12:00
One of the very first and crucial applications of blockchain conceived by the SmartLedger team was Certihash, a suite of products for cybersecurity that mirrors the cybersecurity framework of NIST. [...] Read More... The post Gregory Ward on The Bitcoin Bridge: BSV Blockchain an ‘absolute fit’ for…
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Coingeek: Lightning Network requiem
Monday, 22 August 2022 11:00
A paper by researchers at the University of Illinois revealed two major attack vulnerabilities in the Lightning Network system, which could be used to lock users from their money or steal funds. [...] Read More... The post Lightning Network requiem appeared first on CoinGeek.
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Coingeek: Unbounded Capital’s first Investor Summit set for September 8
Monday, 22 August 2022 09:00
Unbounded Capital will hold a summit in New York City where experts and investors can engage and discuss the challenges and developments in the blockchain industry while working on improving market awareness. [...] Read More... The post Unbounded Capital’s first Investor Summit set for September 8 appeared…
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Coingeek: How Craig Wright solved the electronic cash puzzle with Bitcoin
Monday, 22 August 2022 07:00
The article Solving Double-Spending showed that Dr. Craig Wright is the inventor of Bitcoin, and Bitcoin is a beautiful tool. [...] Read More... The post How Craig Wright solved the electronic cash puzzle with Bitcoin appeared first on CoinGeek.
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Coingeek: FedNow is a better alternative to a CBDC, Federal Reserve governor says
Monday, 22 August 2022 05:00
Governor Michelle Bowman says that FedNow will address the issues that many Fedcoin fans have raised, reiterating her long-held anti-CBDC stance. [...] Read More... The post FedNow is a better alternative to a CBDC, Federal Reserve governor says appeared first on CoinGeek.
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Coingeek: CBDCs key to maintaining monetary system in digital age: ECB research
Monday, 22 August 2022 01:00
Despite disadvantages, consumers are willing to adopt CBDCs in exchange for small rewards, according to an ECB paper, which also noted digital currencies keep the monetary system in check. [...] Read More... The post CBDCs key to maintaining monetary system in digital age: ECB research appeared first…
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