Please share if you find this article interesting. ETH Privacy Startup Aztec ‘Ignites’ Its SNARKs Generation Ceremony Ethereum (ETH) privacy startup Aztec announced the launch of its zero-knowledge succinct non-Interactive argument of knowledge (SNARKs) generation via a cryptographic ceremony called Ignition. In a press release shared with Cointelegraph on Sept. 15 the startup also announced the closing of its latest round of investment with participation from A.Capital, Coinbase and Libertus Capital. A cryptographic ceremony Per the release, the multi-party computation ceremony is meant “to generate a set of encrypted points which will be used to derive all future Aztec notes.” The process will build an open source “reference string” that the company believes will be used by bot
Please share if you find this article interesting. Developers of Ethereum DEX Protocol AirSwap Disclose Critical Exploit Ethereum (ETH) decentralized exchange protocol AirSwap’s developers announced that they have discovered a critical vulnerability in the system’s new smart contract. AirSwap’s team announced its findings and a possible solution for all potentially affected users in a Medium post published on Sept. 13. A limited vulnerability Per the release, on Sept. 12 AirSwap’s development team found a vulnerability in a new smart contract, which has already been reverted to an older version in under 24 hours after the discovery. The exploit in question could have allowed an attacker to perform a swap without requiring a signature from a counterparty under certain conditions.
Please share if you find this article interesting. Ethereum Price Flashing Bullish — Can ETH Trigger an Altcoin Revival? For the past two weeks, Ether (ETH) price has been a frequent topic of discussion among traders. Investors are beginning to wonder if the altcoin has finished its retrace from a 2019 high at $364 and this week Ether settled at the $170 support and proceeded to reverse course. Cryptocurrency Monthly Performance. Source: Coin360 While this is not terribly exciting, and not convincing enough to indicate a trend reversal, the excitement comes from the interpretation that if Ether bottoms and reverses course, other ailing altcoins will follow suit. Traders will remember that starting December 2018, Ether and Litecoin kickstarted the rally that would affectionatel
Please share if you find this article interesting. What Bitcoin’s Valuation Says About Its Volatility Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. For a primer on crypto valuation concepts, you can download our free report here. Most of us think we understand the term “volatility.” We digest headlines about tense political situations around the world; we are wary of explosive chemical compounds; some of us have had relationships with their fair share of ups and downs. “Volatility” implies sharp and unpredict
Please share if you find this article interesting. Kaleido Blockchain Implements QEDIT’s Zero-Knowledge Proof Solution Enterprise blockchain startup Kaleido, a part of ConsenSys’s venture studio, became the first to implement crypto privacy firm QEDIT’s zero-knowledge proof solution. An optional feature QEDIT claims in a press release shared with Cointelegraph on Sept. 15 that this partnership with Kaleido will enable its private asset transfer feature as an off-the-shelf option for businesses using the platform. CEO and co-founder of QEDIT Jonathan Rouach added: “Kaleido has played a leading role in accelerating the deployment of enterprise blockchain technology by removing the need for companies to invest significant resources in custom code development. [...] We’re proud to b
Please share if you find this article interesting. Aventus Announces Ethereum-Based Protocol to Enhance Ticketing Industry The digital assets-focused blockchain-based protocol, Aventus, revealed its next code release Aventus Classic designed to create a more equitable and transparent ticketing industry. Alleviate fraud and provide transparency On Sept 12, Aventus Network announced in a blog post the release of Aventus Classic, a fully decentralized open-source Ethereum-based ticketing protocol designed to stop fraud and provide more transparency to the event ticketing industry. The announcement goes on to say: “This release marks our first real step in engaging with the open-source community, as Aventus Classic will now be open to contributions from anyone and will no longer be
Please share if you find this article interesting. Crypto News From the Spanish-Speaking World: Sept. 8–14 in Review The Spanish-speaking world sees major cryptocurrency and blockchain developments with Uruguay approving a new bill that could be applied positively to ICOs, Cuba using crypto to access the global economy and Venezuela finally installing its first Bitcoin (BTC) ATM. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español. Argentinian Bitex stops accepting balance charges in US dollars Cointelegraph en Español reported on Sept. 12, that the economic crisis in Argentina is now taking its toll on the country’s cryptocurrency operations. The Bitex firm, a blockchain financial services provider, informed its custo
Please share if you find this article interesting. Hacker Spends $1K to Win Over $110K in EOS Betting Game Using REX A hacker spent $1,000 in EOS to steal more than $110,000 in cryptocurrency through an exploit of EOS gambling game EOSPlay. Biggest DeFi service EOS REX used An alleged bug in EOSPlay allowed the attacker to steal 30,000 EOS via using EOS REX, a major decentralized financial (DeFi) service enabling EOS lending in exchange for extra CPU on the EOS blockchain, crypto-focused publication CryptoSlate reports Sept. 14. According to the report, the hacker used REX in order to ensure that blocks were filled with their transactions, allowing them to win continuously on EOSPlay. As previously reported, EOS REX is the biggest DeFi platform by a comfortable margin, having 331...
Please share if you find this article interesting. Square Crypto Grants $100,000 to Open-Source Crypto Payment Processor Bitcoin (BTC)-supporting payments service Square Crypto is giving the first of what will be many grants to support open-source Bitcoin projects to BTCPay Foundation. BTCPay receives $100,000 grant On Sept. 14, Square Crypto, the crypto-focused branch of mobile payment company Square, took to Twitter to announce that it is providing BTCPay Foundation with a grant of $100,000 to support BTCPay Server, an open-source cryptocurrency payment processor. BTCPay Server can allocate the funds to create anything, “as long as it’s free and open-source software that improves the security, scalability, privacy, user experience, or fungibility of Bitcoin — or all of the abov
Please share if you find this article interesting. Distrust of the Bolivar Prompts Venezuelans to Seek Sound Money - Bitcoin News There’s a small team of committed researchers and activists called the Ryver Bitcoin Cash group surveying Venezuelans, and giving them educational resources about the benefits of bitcoin cash. The Venezuelan country has been suffering from rapid inflation and many people distrust the sovereign bolivar. Unfortunately, most Venezuelans are not getting any exposure to digital currency use cases, and according to Ryver’s community manager, Sofia Corona, some people spreading the crypto message are doing it all wrong. Also Read: Developer Reveals Token Reward Platform Fueled by Bitcoin Cash 88% of Venezuelan Respondents Don’t Trust Their Currency This wee