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The Role of Blockchain in Enhancing Cybersecurity! In today’s digital age, cybersecurity threats are becoming increasingly sophisticated, posing significant challenges to individuals, businesses, and governments. Traditional security measures are often insufficient to combat these evolving threats. However, block chain technology is emerging as a powerful tool for enhancing cyber security , offering robust solutions to protect sensitive data and maintain the integrity of digital transactions. Understanding Blockchain Technology Block chain is a decentralized digital ledger that records transactions across multiple computers so that the registered transactions cannot be altered retroactively. This technology ensures transparency and security through its inherent properties of decentralization, immutability, and cryptographic security . Key Features of Blockchain That Enhance Cybersecurity Decentralization Unlike traditional centralized systems, blockchain operates on a peer-to-...

The Velodrome Finance price pumped over 14% in the last 24 hours to trade at $0.1065 as of 7:15 a.m. EST as investors rush to accumulate the altcoin. Notable Politician Trade alert✍️ This time, it's crypo Rep. Michael Collins (R) just disclosed buying $15K of a crypto coin called "Velodrome" It has a market cap of only ~$150M pic.twitter.com/oWicS3s6Zv — Nancy Pelosi Stock Tracker ♟ (@PelosiTracker_) June 17, 2024 This recent gain posted by the VELO price comes after US Congressman Mike Collins revealed that he purchased the token. He said that he bought VELO on May 15, when the crypto was trading at around $0.13. Collins also revealed that he purchased $15,000 worth of the token. The Velodrome Finance Price Testing Critical Support 4-hour chart for VELO/USD (Source: GeckoTerminal ) The Velodrome Finance price was rejected by the $0.1250 resistance level over the past 24 hours. It has since printed a series of lower highs on the 4-hour chart, result...

ClayBro reviews highlight the Dogeverse presale, which has recently been making headlines, selling at an impressive rate of over $1 million per day. This surge in interest isn’t just due to the coin’s appealing theme; its substantial utility through multi- chain bridging technology is also a major factor. Dogeverse presale hits over $11 million, leading the way with next-level meme coin utility Dogeverse’s presale has surged past $11 million, sparking heightened anticipation as the next price tier is set to kick in within 15 hours. Investors are keen to engage with what is shaping up to be a transformative force in the cryptocurrency market. A major factor fueling this enthusiasm is Dogeverse’s innovative multi- chain bridge. This technology addresses a critical pain point in the crypto ecosystem—transferring assets seamlessly across various block chain s such as Ethereum, Binance Smart Chain, Polygon, Avalanche, Base, and Solana. Unlike traditional...

Some believe that hybrid blockchains with both private and public aspects can solve AI’s black-box problem. Artificial intelligence (AI) and blockchain are emerging digital technologies that have captured the public imagination but also raised serious concerns. So it bears asking: Can AI and blockchain be integrated in a way that benefits humanity? There are reasons to think so. As far back as 2016, Vitalik Buterin wrote that both the crypto economics and AI safety communities were “trying to tackle what is fundamentally the same problem” of how to regulate complex and smart systems with “unpredictable emergent properties.” Both rely for control on essentially “dumb” systems “whose properties once created are inflexible,” after all. Once a smart contract is implemented, it can’t be changed, for instance. The two communities “should listen to each other more,” he concluded. In the past year, with the emergence of ChatGPT and other generative AI tools, worries are growing that AI may be...

FTX, despite its bankruptcy, is making substantial moves in its token portfolio, leading to speculations of imminent asset sales. In the last few days, FTX, the bankrupt digital currency exchange founded by Sam Bankman-Fried, has undertaken a substantial rearrangement of its token portfolio. The movements come after a U.S. bankruptcy court granted the exchange permission to sell, stake, and hedge a reported $3.4 billion in crypto assets in partnership with Galaxy Digital. With all parties keen to expedite the process, it has commenced even as Bankman-Fried undergoes trial for charges, including fraud and money laundering, stemming from his role in the collapse of FTX. Despite the serious accusations, Bankman-Fried maintains his innocence, and his legal defense team asserts there was no intent to misappropriate customer funds. The rise and fall of FTX Before its fall, FTX and Bankman-Fried played an outsized role in the crypto space. An MIT graduate, Bankman-Fried cut his teeth i...

Developers love to tout the number of transactions that blockchains can process per second. Unfortunately, that fixation often distracts from other important issues — such as network security. The throughput of blockchains — namely, their ability to process X number of transactions per second (TPS) — is often touted in such a way as to downplay other considerations, such as decentralization and security. The blockchain trilemma, of course, acknowledges that succeeding in all three areas is challenging, though not impossible. There is no denying that throughput and scalability are important, indeed vital if block chains are eventually to become the rails on which the financial system is run. However, there is a major misconception surrounding the metric used to assess the scalability of layer-1s and 2s. Although super-fast blockchains love nothing more than to trumpet their TPS numbers, it is a rather inadequate method for assessing throughput and fails to accurately represent legitim...

Making the blockchain space more welcoming to creators can open up more use cases. The blockchain space has long been an attractive medium for creators of all kinds. From digital artists to software developers, blockchain tech has something to offer. However, one big challenge still remains in the space - most blockchains follow the ‘to each their own' concept. Interoperability in web3 is still scarce, which limits creators and makes the entry point for many a bit steeper. One of the main elements that creators of all areas are still seeking is the opportunity to collaborate freely and effortlessly. What needs to improve? As things stand at the moment, blockchain developers scarcely have the opportunity to build collaboratively. While a team of devs can come together and work on a single project, the opportunity for cross-chain collaboration is virtually nonexistent. Developers select a blockchain they’d like to work on, and there is little room for integrations beyond that protoc...

Top10 News 1. Ethereum developers target March 2023 for release of staked ether link Ethereum developers determined on Thursday that the network’s next hard fork, called “Shanghai,” will have a target release time frame of March 2023. This upgrade will include code known as EIP 4895 that will allow Beacon Chain staked ether (ETH) withdrawals. Developers also agreed to address the implementation of the “EVM Object Format” (EOF) in Shanghai, which is a collection of EIPs that essentially upgrade the Ethereum Virtual Machine, the environment where Ethereum is able to execute smart contracts. Those Ethereum Improvement Proposals (EIPs) are EIP 3540, EIP 3670, EIP 4200, EIP 4570, EIP 5450. 2. Amber Group lays off hundreds, Bybit cuts 30% again link After laying off approximately 30–40% of its workforce in September, Amber Group began laying off hundreds of employees again in December, requiring in-country employees to work from home and clear out their offices. Amber Group responded that ...