Blockchain is the underlying technology behind cryptocurrencies. Unfortunately, as this technology evolves, people are developing new ways to misuse and perform malicious actions. The 51% attack or a majority attack is one of them, which refers to a situation in which a miner or a group of miners gain control of more than 50% of […]
SingularityNET is a decentralized AI marketplace that leverages Blockchain technology to provide open access to algorithms and applications. It aims to develop Artificial General Intelligence (AGI) with extensive capabilities. Founded in 2017 by Dr. Ben Goertzel and Dr. David Hanson, the platform gained attention through Sophia, a humanoid robot created by Hanson Robotics. While Sophia’s […]
In a highly digitised society, digital identity is more important than one’s physical identity. The irony is that today we do not own our digital identity and our digital identities are held by trust corporations and third parties. Digital identity and decentralized identity are two different approaches to managing a person’s digital identity. A digital […]
London, November 21, 2023- HSBC has announced that it will be launching storage services for tokenized securities. The service will be offered to institutional clients and will be available in 2024. The service will be provided in partnership with Metaco, a Swiss digital asset custody firm. HSBC is the latest major bank to enter the […]
San Francisco, Wednesday, February 28, 2024 – Digital wallet service MetaMask, the default transaction feature for extension across multiple networks, announced on February 20 their partnership with Blockaid to upgrade the privacy-preserving security feature. The unique upgrade will restrict sharing transactions with a third party, offering essential scam alerts. The observation of a +55% surge in […]
Have you ever wondered what owning an authentic art piece in a virtual world would be like? Questions like “How would you claim ownership?” or “How would you validate your ownership?” would immediately pop into your mind. The concept of ownership and authenticity in the digital world is complex. In the physical world, claiming ownership […]
Accounts of Paris Hilton, CNN Targeted SAN FRANCISCO, Wednesday, June 5, 2024 – Social media platform TikTok was targeted in a cyberattack today, media reports said. The incident was initially reported by Semafor and Forbes, who described a zero-click account takeover campaign. This campaign involves malware sent through direct messages that can compromise brand and […]
Basics of Polkadot and its Significance Polkadot could be considered a technology that stands out as a breakthrough in the rapidly developing field of blockchain technology. It is an open-source project that is developed and maintained by a community of contributors. The project is governed by the Web3 Foundation, the non-profit organization founded to promote […]
Understanding Privacy Blockchains and Their Role in Data Security Data security is a top issue for both individuals and corporations in the modern digital era. Privacy Blockchains, or privacy-focused blockchains, are one new technology that could be considered a possible solution to this problem. Blockchains for privacy are decentralized networks that protect the integrity and […]
SAN FRANCISCO, California, Tuesday, April 16, 2024 – A recent report by cybersecurity news outlet The Hacker News (thehackernews.com) detailed critical security vulnerabilities affecting an estimated 92,000 D-Link network-attached storage (NAS) devices. D-Link has not announced plans to issue patches for these vulnerabilities, instead advising users to replace their outdated NAS devices with newer models. […]
In the world of cryptocurrencies and blockchain, terms like smart contracts are becoming increasingly common. But what exactly are they? A smart contract is a digital protocol designed to facilitate, verify, or enforce the negotiation or execution of a contract using computer software or algorithms. It can be programmed with the rules and logic governing […]
Have you ever considered owning a virtual asset that could be worth much money? The concept of owning something in the digital world is not complex. In the world of Cryptocurrency, ownership and legitimacy are formalized by a redistributed system that is not controlled by one person or a governing body. In the 21st century, […]
Understanding Meme Coins To understand what meme coins are, we first have to understand what a meme is. Memes have been a pivotal part of internet culture long before the boom of crypto. Memes can be images, videos, GIFs, iconic lines from pop culture, and much more. Memes are often used jokingly or to express […]
SINGAPORE, Tuesday, January 16, 2024- South Korean cryptocurrency exchange Upbit has obtained a full Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), opening the door for expanded operations in the city-state. The license, granted on Friday, January 19, 2024, empowers Upbit to offer regulated digital payment token (DPT) services to users […]
Seoul, South Korea Tuesday, January 30, 2024 – South Korean cryptocurrency exchange Upbit on Monday raised a red flag on the SSX (SOMESING) token, issuing an investment warning and temporarily suspending both trading and withdrawals due to potential security concerns. On Saturday Somesing disclosed a loss of 730 million of its native token, SSX, amounting […]