NFT News by Thebittimes.Com

Numerous cryptocurrency businesses have been parading their operations in Europe. While many people believe that Europe may become the next hotspot for cryptocurrencies, another exchange joined the euro bandwagon. Gemini, the Winklevoss twins’ exchange, recently succeeded in getting approval from regulators in Italy. Gemini had recently acquired a virtual asset service provider registration in Ireland. Now, as per the recent announcement, the exchange has now registered as a virtual currency operator in Italy and Greece . Gemini registered as a virtual currency operator in Italy and Greece “We are thrilled to announce that Gemini has registered as a Virtual Currency Operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), and as a custodial wallet provider and provider of exchange services between virtual and fiat currencies with Greece ’s Hellenic Capital Markets Commission (HCMC).” As per the details, the exchange ...

Researchers were able to decrypt all of Secret's internal transactions using an exploit. On Nov. 30, Guy Zyskind, CEO of privacy smart contract blockchain Secret Network, said that developers had patched a privacy-related vulnerability and users' funds remain secure. In a document dated Nov. 29, Secret Network wrote that users or developers required no action and that all active nodes were upgraded to correct the exploit on Nov. 2.  2/ You can read the post for the main details, but the important part is that the vulnerability was mitigated and unlikely to have been exploited. Most importantly, funds were never at risk, because Secret intentionally does not rely on SGX for correctness – only privacy. — Guy Zyskind (@GuyZys) November 29, 2022 The sequence of events, unveiled late yesterday by the Secret Network developers, began when a group of white-hat computer science researchers contacted the Secret team on Oct. 3 regarding a recently disclosed xAPIC (Advanced Programmab...

Input Output and the Cardano Foundation have both confirmed that Cardano’s Vasil upgrade will take place on September 22nd.  Input Output revealed the upgrade date in a tweet on Friday, after completing “extensive testing” and verifying “community readiness”. We along with the Cardano Foundation can today announce 22nd September for the Vasil upgrade on the Cardano mainnet,” said the company. Cardano founder Charles Hoskinson said last week that Vasil would launch in September, but didn’t reveal a specific date until today.  Vasil will be the largest Cardano upgrade to date. It is expected to lower transaction costs while empowering developers to create more efficient blockchain applications.  Thus far, the Cardano network looks ready for the update. 75% of blocks are being created by the final Vasil node candidate (1.35.3), and 25 exchanges are already on board. According to Input Output, most leading exchanges have already begun to update. Vasil was originally schedule...

On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview was released. During the interview, SBF discussed who he thinks may have hacked FTX and he further denied he had a backdoor installed to funnel funds between FTX and Alameda Research. “I don’t even know how to code,” SBF stressed to Fong during the conversation. Additionally, the New York Times claims to have obtained a slew of emails and text messages between FTX’s legal counsel, other top executives, and SBF while the exchange was in the midst of collapse. SBF Claims Backdoor Accusations Are ‘Definitely Not True,’ Probably a ‘Poorly Labeled Accounting Thing’ Roughly two weeks ago, the co-founder and former CEO of FTX, Sam Bankman-Fried (SBF), decided to do a phone interview with Tiffany Fong. The telephone interview (here and here) was revealed by Fong a few days before she pub...

Steering away from the FTX contagion, Bitcoin [BTC] was making its way onto $17K. After residing in the bearish arena for quite some time, BTC managed to figure its way out. The asset even hit a low of $15,599.05 stirring panic among investors. However, bringing back some hope into the market the king coin revised it’s two-week high earlier today. Source As seen in the above chart, the sudden spike took Bitcoin from a low of $16,366.66, all the way to a high of $17,021.67. At press time, however, the asset encountered a slight correction which pushed BTC to $16,899. The asset’s daily price gain was at 2.54 percent. Out of all its investors, Bitcoin miner s were expected to be the ones at relief. The BTC mining industry took a major hit as the king coin continued to plummet. Amidst this, the latest surge was expected to be beneficial to these miner s. Despite this surge, the hash rate of the Bitcoin network continued to plummet. It was further brought to light that...

Join Our Telegram channel to stay up to date on breaking news coverage Real Vision Bot, a trading bot that is popular for outperforming the crypto market, has shared its newest portfolio allocations amid the ongoing bear market. Since the collapse of the FTX exchange, crypto prices have not been in turmoil. Trading bot is a fan of Polygon (MATIC) Real Vision Bot has become a go-to platform by crypto traders looking for the next assets that will help them grow their portfolio. Each week, this bot carries out surveys to combine algorithmic assessments that will generate a “hive mind” consensus. For the first time, the algorithm powering the bot has heavily weighted in the favour of Polygon (MATIC). Polygon, a layer two scaling solution on the Ethereum network has come in second place. “Latest allocation of the free RealVision Exchange crypto portfolio and the Bot’s choice. Polygon has taken the lead for the first time in the survey, followed by USDC, Eth...

A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks. While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind the world of the best use cases for cryptocurrency.  On Twitter, the Cointelegraph social team asked the Community to share their perspectives on what the best crypto use case is. From payments and self-custody to transparency and investment, Community members gave a wide range of responses. What is the best use case of crypto ? — Cointelegraph (@Cointelegraph) November 29, 2022 One community member highlighted the use of stablecoins like Tether (USDT) as payment methods while pointing out that other cryptos can be used as investment tools. On the other hand, another response brought up the transparency that crypto brings. Apart from these, one answer also raised...