The current Ethereum blockchain experienced another reorg on May 25th 2022. This is the second time Ethereum chain has been reorg-ed. Infact, we have not seen 7-block reorgs on Ethereum mainnet blockchain in years.
Some lucky users bought bitcoin before mainstream but most have been unable to open old bitcoin wallet because they have forgotten its password. A few hundred dollars invested back in 2012/2013 could be worth a fortune now. However, it can be very difficult to recover bitcoin wallet password unless you are a believer in hypnosis.
(more…)Luna Foundation Guard that makes sure UST stablecoin is stable is currently having tough times in keeping it peg to 1-USD. Infact, UST has a whopping 24% in value when compared to USDT and BUSD which are two very popular stablecoins out there.
Ledger Live is the app that is used by Ledger hardware wallet users (Nano S, Nano X etc) to manage their cryptocurrency funds securely. The latest version of this software, Ledger Live 2.41.3, is reportedly showing inflated balances of their cryptocurrencies, most notably Bitcoin and Litecoin.
(more…)Litewallet is officially endorsed as wallet of choice by Litecoin.org, the website behind the Litecoin project. This wallet is amazing – simple and easy to use. But lately, a slew of users have been complaining about unable to send funds from Litewallet, getting Send Failed Not Connected error. The only way to access those lost funds is by extracting private key from Litewallet and pasting them in another cryptocurrency wallet.
If you’ve been part of the online casino world for a while, you’ve probably come across several casinos that accept crypto. Bitcoin, Ethereum, Tether, Litecoin, Dogecoin, and more are all the rage for online casinos in 2022.
EU officials are talking about banning bitcoin yet again unless it shifts to Proof-of-Stake (PoS). They say if the Ethereum is able to shift, we could legitimately request the same from Bitcoin. They add that they need to protect the bitcoin community.
Binance has announced that it will be implementing a new set of restrictions on Russian users. Users from Russia will not be able to deposit crypto over 10,000 euro and this includes Russian nationals as well. If total value of crypto is less than 10,000 euro, there is no need to panic and your Binance account will function like it is doing right now.
Beanstalk Farms had been gaining a lot of traction but today, it lost a whopping 180 million dollars and hacker got out with $76 million. All funds stored in smart contract of Beanstalk Farms have been emptied.
Staking is when an individual locks up their crypto holdings for a certain period of time with the benefit of earning rewards. The use of cryptocurrencies nowadays makes us think about the evolution of currencies and payments in general. The idea of trading started around 3000BC. Later, humans invented coins in 600B.C., leading to paper money in the 7th century.
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