Coinbase blocks over 25,000 Russian-linked crypto addresses (https:...
▻https://diasp.eu/p/14226412
Coinbase blocks over 25,000 Russian-linked crypto addresses
#security #cryptocurrency #bleeping_computer #bleepingcomputer #computers #technology #news #education #updates #tech generated by pod_feeder_v2
Metakovan, the mystery Beeple art buyer, and his NFT/DeFi scheme – Amy Castor
▻https://amycastor.com/2021/03/14/metakovan-the-mystery-beeple-art-buyer-and-his-nft-defi-scheme
ast week, a crypto whale going by the moniker “Metakovan” bought a Beeple artwork via Christie’s auction for $69 million—$60 million in ETH and $9 million in fees, also in ETH*—outbidding a surprised Justin Sun, founder of the Tron blockchain, in the last minute.
7/12 I tried to update my bid to $70 MIL at the last 30 secs yet my offer was somehow not accepted by Christie’s system even though there was still 20 secs left.
— Justin Sun🌞 (@justinsuntron) March 12, 2021
After the barest amount of digging, I am going to hazard a guess that the mystery Beeple buyer is Vignesh Sundaresan, a crypto entrepreneur who has been in the crypto landscape for about seven years.
It’s pretty obvious, really. Metakovan has given a few audio interviews. And if you compare those to previous Sundaresan interviews, like this one, it’s the same voice—and the same crypto origin story.
Going back further, Sundaresan launched crypto exchange Coins-e in Ontario in 2013. (Coincidentally, the same year that Gerald Cotten and Michael Patryn launched their failed Canadian crypto exchange QuadrigaCX.)
Coins-e, a defunct Canadian exchange
Several Coins-e users have taken to social media to complain about losing money on Coins-e, calling it a scam and warning others to watch out. (See Reddit—here and here—and BitcoinTalk.)
The posts on r/dogecoin are the most alarming. Coins-e clients report having their dogecoin disappear. Wireguysny described watching 1.3 million DOGE evaporate and the frustration of being unable to reach tech support to get to the bottom of the matter.
Xclusive2 wrote: “I’ve had just about enough of of Coins-e millions of coins missing, no reply from support ever! the reason is because it’s a one man operation. the problem is this joker is stealing and trading everyone’s coins when and how he feels to make himself rich he knows that Doge is worth a lot of BTC in large volumes.”
Sundaresan denies being the guy who allegedly ripped people off. According to him, Coins-e was sold to a company called Casa Crypto in Waterloo. The transfer was overseen by law firm LaBarge Weinstein, he claims.
“Since it was sold, I have not been associated with Coins-E. Allegations of a scam are FUD,” he told me.
I am so far unable to confirm that sale. I can’t find any announcement or press release on the sale. The Coins-e website no longer exists, and an archive of the site’s “About” page from 2016 doesn’t reveal who is behind the operation. I can’t find a company called “Casa Crypto” in Waterloo either.
Sundaresan offered to show me proof of the sale via a video call. I told him I was open to that, but he hasn’t gotten back to me to set up a time. He did not comment on whether he was Metakovan.
Meanwhile, I’ve looked up the domain registration for Coins-e.com. The site was registered in May 2013 and the only update was in May 2020—after customers complained about their coins vanishing.
The site was originally registered to Ramesh Vinayagam—the name of a famous Indian composer, per Reddit user xclusive2. Another alias perhaps? And, according to a Paste from January 2014, the site was registered to the man himself shortly before the registration was made private and Sundaresan entered the Y Combinator program.
The NFT connection
NFTs are the big thing now. They took over as the latest grift when decentralized finance, or DeFi, ran out of steam last year. Fellow nocoiner David Gerard wrote a blog post explaining how NFTs work and why digital ownership of art is utter nonsense.
Towards More Programmable and Robust Security Tokens: Five Protocols that Should be Part of…
▻https://hackernoon.com/towards-more-programmable-and-robust-security-tokens-five-protocols-that
Towards More Programmable and Robust Security Tokens— Five Protocols that Should be Part of Security Token PlatformsThe market for security token platforms seems to be getting crowder every weeks. In a market with only a handful of actively traded security tokens, we already have over 50 platforms that are promising to be the future of crypto-securities. On paper, most of those platforms look incredibly similar which contributes to the noise in the market. To differentiate signal from noise, security token platforms must evolve their technical capabilities in order to support more sophisticated offerings. And we don’t need to start from scratch; the #ethereum ecosystem offers a rich set of protocols that can easily improve the feature-set of the next generation security token platforms. (...)
#blockchain Week NYC 2019 Guide[Upcoming Event Highlights]
▻https://hackernoon.com/blockchain-week-nyc-2019-guide-upcoming-event-highlights-96290e153ad3?so
Blockchain Week NYC 2019 Guide [Upcoming Event Highlights]Welcome to the second NYC Blockchain Week! Last year we got tremendous positive feedback for compiling this guide, so here we are again helping you navigate 2019 NYC Blockchain Week.New York City Blockchain Week runs from May 10th to May 18th with hundreds of events drawing people from around the world to share in the exploration of new innovations. It is a rare opportunity to meet global blockchain leaders with dozens of events being held to this aim.With so many events happening at once, which ones are worth checking out? Where do you go? Who do you see? We’ve compiled the best events and sorted them by price.If you can’t swing 2k for the Consensus, there are many other great options. Or if you’re visiting for Consensus, but would (...)
#cryptocurrency #new-york #blockchain-week #blockchain-week-nyc
Could Telegram’s TON #blockchain Drive Mass #cryptocurrency Adoption?
▻https://hackernoon.com/could-telegrams-ton-blockchain-drive-mass-cryptocurrency-adoption-57ce6d
Could Telegram’s TON Blockchain Drive Mass Cryptocurrency Adoption?When the launch of the Telegram Open Network (TON) initial coin offering (ICO) was announced back in December 2017, the blockchain industry sat up and took notice, in a big way. At the time, not only were Telegram among one of the first companies with an existing and successful non-blockchain product to suggest launching an ICO; but more importantly, Telegram were already well regarded in the crypto industry as being the go-to platform for ICO community building initiatives and messaging.Despite Telegram setting a hard cap for their raise of just $1.2 billion, it was quickly apparent that Telegram’s fundraising goal was setting the bar far too low for the growing messaging app which boasts a self-proclaimed 200 million (...)
Trendsetting in 2019: How #crypto Traders Get an Edge
▻https://hackernoon.com/trendsetting-in-2019-how-crypto-traders-get-an-edge-dee49a5cf3ef?source=
Bitcoin bubbles have a tendency to be so volatile and unpredictable, despite their historical occurrence, that they often leave traders traumatized and drained of confidence. After being raked through the coals by the latest ups and downs, those who witness #bitcoin at historical bottom-barrel prices may miss a years-in-the-making opportunity to buy in at the best possible moment. However, this dilemma is by design. Hesitance is bred on the tail-end of a bubble, when a logical market would otherwise look at the charts and be quite optimistic.Despite that there’s always a way to derive value from #cryptocurrency speculation, Bitcoin is now a mature and known entity, and navigating the markets is therefore not as straightforward as it was in 2011. Back then, no one knew if Bitcoin would (...)
Is #blockchain the Answer for Musicians fed up with the industry?
▻https://hackernoon.com/is-blockchain-the-answer-for-musicians-fed-up-with-the-industry-4226aa8b
Musicians are fed up with how the current industry controls and exploits their #music. That’s why many are flocking to blockchain platforms, with the hope of making the industry more just and transparentBefore the 1990s, record labels tightly controlled all facets of the music industry from musician funding to distribution and even royalty payment collection.This all changed with the rise of the internet and file sharing platforms such as Napster and Limewire, who made music available anywhere, anytime, and to top it all off, for free.The rise of file sharing platforms crippled the record labels control over the music industry because they no longer controlled the distribution networks of new music, nor did they have time to recover as consumers moved on to digital music distribution.The (...)
Genericide : Trademarking “Blockchain”
▻https://hackernoon.com/genericide-trademarking-blockchain-7eec76d2d23a?source=rss----3a8144eabf
It’s super easy to trademark “blockchain.” Or is it?Continue reading on Hacker Noon »
Where are all my #blockchain Ladies, at?
▻https://hackernoon.com/where-are-all-my-blockchain-ladies-at-76ea978f6cac?source=rss----3a8144e
(Past assignment for an ICO)Photo Source: ▻https://cryptocoin.news/news/30-of-the-most-innovative-and-exciting-women-to-watch-for-blockchain-and-crypto-insights-5200/amp/Every morning I enjoy my morning coffee with my Blockchain Sisters. We laugh, share, cry and pass around positive memes like the “Boss Babes”, we are! (#GirlBoss)On a unique Sunday during brunch, a few of us shared our daily “Words of Affirmation” but we decided to become more philosophical than usual. I was playing “reporter” that weekend, as I asked to highlight the issues women in blockchain are facing. I’m not really a know-it-all, so I asked the REAL experts for their opinions.I was saddened as some of the most recognizable names in crypto had surprising answers. All successful tech gals, my friends and I pondered why (...)
#hackernoon-top-story #blockchain-technology #cryptocurrency #women-in-tech
Busting #trading Myths
▻https://hackernoon.com/busting-trading-myths-e43b67e102fc?source=rss----3a8144eabfe3---4
A trader who wants to survive and prosper must control losses.With the emergence of cryptocurrencies, an enormous amount of unexperienced investors got into trading. It is not strange at all, then, that scammers saw it as their shining moment. As a result, hundreds if not thousands of telegram groups were created, promising a secret algorithm, let’s call it a miracle 2.0, that will multiply one’s returns by ten.As crazy as it may sound, many newcomers actually believe that successful traders have some secret knowledge that allows them to stay afloat, no matter what happens in the market. In reality, this fantasy only helps “filthy players” to make money on simple men, by increasing sales of advisory services and ready-made trading systems and bots.As Alexander Elder, a Russian-American (...)
#bitcoin Bear Market Diaries Volume 19 Max Keiser
▻https://hackernoon.com/bitcoin-bear-market-diaries-volume-19-max-keiser-79ee0006b095?source=rss
The Bitcoin Bear Market Diaries are a series of interviews featuring various important voices and perspectives in the Bitcoin ecosystem. Each interviewee was carefully selected and asked the same group of questions. The main goal was to provide the world with a collection of commentary and opinions on the state of the current Bitcoin and crypto market. Some of the names you will recognize while others don’t wish for the limelight but have great insight and experience we all can learn from.These interviews are raw and unfiltered with no agenda other than giving each individual their opportunity to speak their mind. If you like what you see, please share with your friends. If something offends you, you should probably X out and find another crypto fluff piece that gives you warm (...)
#investing #hackernoon-top-story #cryptocurrency #blockchain
How to Profit from #cryptocurrency
▻https://hackernoon.com/how-to-profit-from-cryptocurrency-c58b93139db3?source=rss----3a8144eabfe
This free guide looks at some strategies to help you profit from #investing in cryptocurrencyCryptocurrency is one of the most risky yet rewarding investments in our current era.All kinds of people having made huge amounts of money by investing into cryptocurrency, from tech nerds to average Joes.This has lead to people looking for information about cryptocurrency investing, so I made this guide.It does not take a paid group or being a genius to profit from investing in cryptocurrency. FREE resources like this guide should be more than enough.When I say “profit from cryptocurrency”. I don’t mean you will become a millionaire overnight by investing $100 and going to sleep. That is not how investing works.Real investing is persistent and it takes having knowledge about the projects you invest (...)
EthVM: First Open-Source Block Explorer Powered by Kafka
▻https://hackernoon.com/ethvm-first-open-source-block-explorer-powered-by-kafka-e1639fc93e8e?sou
Implementing the Apache Kafka ecosystem for processing #ethereum #blockchain dataIn the decade since Bitcoin introduced the world to cryptocurrencies, the industry has evolved in ways that perhaps even Satoshi could not envision. The Ethereum blockchain, which emerged in July 2015, opened a new world of possibilities thanks to the Ethereum Virtual Machine (EVM) — an environment for developing and executing smart contracts.The EVM enabled the Ethereum network to be something more than a repository for a history of monetary transactions — it was an ecosystem that invited exploration, interaction and collaborative innovation.Continuing the MEW (MyEtherWallet) legacy of open-source products that empower both users and developers to explore the possibilities of blockchain, we introduce EthVM: the (...)
Predicting a Crypto Summer in 2021
▻https://hackernoon.com/predicting-a-crypto-summer-in-2021-1b1266806d23?source=rss----3a8144eabf
Now is a good time to HODLSince early 2018, the #cryptocurrency markets have fallen precipitously. As with previous crashes, many have claimed that the markets are unsalvageable and #bitcoin is dead. On the contrary, there is reason to believe that the crypto markets cyclically go through a bear market only to recover and scale to new heights. I believe this cycle occurs approximately every four years. I believe we are therefore due for another bull market in 2021.Following this thesis, 2018 and 2019 form a ‘Crypto Winter’ that saw the bubble of 2017 deflate. Accordingly, 2020 will see Bitcoin reascend during what can be dubbed ‘Crypto Spring’. In 2021, Bitcoin and Ethereum will reach new heights. Now is thus an opportune moment to build a position in crypto to reap the benefits of what will (...)
Why You Shouldn’t Start a Crypto Company
▻https://hackernoon.com/why-you-shouldnt-start-a-crypto-company-9a294e3d7ccb?source=rss----3a814
Why You Shouldn’t Start a Crypto CompanyImagine that you are a Soviet weight lifter. It’s the height of the Cold War. You’ve trained for years to crush the bourgeoisie on the battlefield of the Olympic podium, to bring back gold and glory to the motherland. One day your trainer pulls you aside and tells you that not only does he have access to performance-enhancing drugs developed for the Russian military, but also that all other Russian athletes are taking them, and that the USSR will help you hide the doping from international regulators.This is the situation of most crypto startups today. On the fundraising and execution side, it is very, very easy to get ahead by playing fast and loose with compliance. It isn’t sustainable, but neither is prolonged drug abuse. When the lines aren’t (...)
#blockchain #cryptocurrency #crypto-companies #venture-capital #crypto-compliance
#cryptocurrency Adoption Is Already Happening. But When Will It Go Global?
▻https://hackernoon.com/cryptocurrency-adoption-is-already-happening-but-when-it-will-get-global
Global adoption is the phrase that we hear almost every single day on the crypto-media. Unfortunately, due to widespread incompetence caused by technological complexity, the complete picture of how things really are can’t be fully grasped.Furthermore, additional confusion was caused by cryptocurrency bans and tightened regulations all around the world. But everything is not so devastating like many individuals can think, and it may sound surprising that the current legal framework and some financial institutions already allow conducting financial operations via cryptocurrencies. So, what’s the missing puzzle, and why things get traction so slow?Tight Bonds — Banks, Regulators, Payment SystemsIn order to grasp the whole picture, we have to understand how entities starting from regulators and (...)
Why We’re Going to Re-Architect #blockchain!
▻https://hackernoon.com/why-were-going-to-re-architect-blockchain-b617fac5ba4b?source=rss----3a8
a whole new world of possibility!•Blockchain for #database storage. ?Instead of storing data in native database forms we may use blockchain to store data which as a result becomes highly secure and decentralized(essence of blockchain).? In general, traditional user accounts can be substituted by public-private keys and addresses in blockchains. Traditional databases are subject to strong access control, almost all data is restricted to authenticated accounts. Moreover, account creation is also of a centralized model in traditional databases, by which a database administrator grants the user an account for access. With blockchains, conversely, key pairs are generated freely by anyone, without the need for centralized administration.? For applications that require some form of central (...)
What Does #decentralization Mean for Your Business?
▻https://hackernoon.com/what-does-decentralization-mean-for-your-business-7d06c9e30c5?source=rss
How Decentralization Can Benefit Your Business: Evaluating #bitcoin, #hyperledger, Algorand, and Elixxir▻https://www.gtis.co.za/news/online-collectables/decentralization-2-0/Centralized services like Facebook, Microsoft, and Yahoo keep all your eggs in one basket. This means that bad actors only need to attack one weak link to compromise all your data. And there are many ways to do it, including DDoS, Man-in-the-Middle, and credential stealing to name a few. Decentralized services keep your data safe and secure by distributing it across many redundant servers with cutting-edge cryptography that ensures your data is complete, immutable, and incorruptible. Of course, there are many degrees of decentralization. In this article, we explore the varieties of decentralization, their history and (...)
What is Q DAO and #usdq StableCoin? Fully Explained
▻https://hackernoon.com/what-is-q-dao-and-usdq-stablecoin-fully-explained-4435b2f53f54?source=rs
Stablecoins have advanced as a new iteration on cryptocurrencies, enabling to address such issues as high volatility and interactions with legacy financial systems.Today I’m sharing the interview with Slava Mikhalkin — IT Manager and #blockchain architect in PLATINUM ENGINEERING, who helped deploy dozens of DLT-based success stories. Smart contracts Slava’s team develops quickly turn into industry best practices. He shares his opinion about USDQ, a unique fully decentralized stablecoin for easy Bitcoin collateralization. Slava is certain that blockchain will disrupt finance as we know it. He goes raw on USDQ’s inner working, telling it all.So, let’s look into real-life use cases for Q DAO.Slava Mikhalkin — IT Manager and blockchain architect in PLATINUM ENGINEERING. Leveraging +15Y developer track (...)
Stablecoins in 2019 (Are we are not there yet ?)
▻https://hackernoon.com/stablecoins-in-2019-are-we-are-not-there-yet-1e5686eea203?source=rss----
Stablecoins in 2019 (Are we are not there yet ?)Traditional e-money still dominatesIn 2017 USDT (Tether USD) is no doubt an undeniable market dominant. A year later — 2018 there were a bit more than several dozen projects reported. As of 2019, there are now more than two hundred of them. Some projects out of the “first pack” have already shut down, some are for the time being are still only #news of intentions, but it can be safely said that at least hundreds of stablecoin projects are at different stages of development now.As for the stablecoins that are in production and live, those traded on the exchanges, there isn’t much to track as well. With the help of CoinMarketCap, I managed to find data on the 23 stablecoins so far. It will be easier to group the coins by the binding object and the (...)
The Ultimate Guide to Building a Portfolio of Digital Assets Without Investing a Dime
▻https://hackernoon.com/the-ultimate-guide-to-building-a-portfolio-of-digital-assets-without-inv
Easy, Free, and Quick Gateways to the Land of CryptoCourtesy of Mohamed Nohassi via UnsplashThis article will teach you how to accumulate an assortment of cryptocurrencies, some of which are readily convertible to fiat (government-printed) money.You’ll also discover free and simple crypto wallets, most of which you can operate from a smartphone.Look for this page to grow as new opportunities present themselves. Leave a comment below if you know of one I missed, so long as activities don’t fall into ‘airdrop’ or ‘developer bounty’ categories.You’ve heard of #bitcoin and maybe even ethereum. You know about the crypto market’s wild volatility and life-changing wins and losses.And now you’re a little more than curious. It’s time to do a little HODLing of your own. Ready to ride the rollercoaster? Hop (...)
Top green #mining projects
▻https://hackernoon.com/top-green-mining-projects-a3127a88f8b1?source=rss----3a8144eabfe3---4
Top Green Mining Crypto ProjectsThe advantage of bubbles, when they pop, is that they make it possible to do a big spring cleaning. And, on the side of the mining services provider, we can say that the purge was severe.Why that?Let’s go back a few months ago…- The sector has been the target of many scams (it has been highly targeted, as have been the exchange and #blockchain projects). - The price of cryptocurrencies has fallen sharply, making unprofitable most of the mines that had been built in a hurry, with machines that are not very efficient and use a huge amount of energy.- Mining has been criticized in all major media for its impact on the climate, has been hijacked by Javascript hacks on contaminated sites to unknowingly mine using the computers of the Internet users.- Etc.In (...)
A recap of emerging #trends in the #cryptoasset space (2019)
▻https://hackernoon.com/a-recap-of-emerging-trends-in-the-cryptoasset-space-2019-a241dd509d59?so
Having closed Q1 on a positive note and with the probability of having left the bear trend behind being very real, I wanted to take some time to evaluate the emergent trends within the cryptoasset space, that are likely to define 2019. While external factors, such as institutional onramps and custody are important, I will deliberately avoid focusing on those — as they are to some extent unknowns.PoS is becoming ubiquitousEveryone, and their grandmother are switching to PoS. According to Staked founder, Tim Ogilvie, there is “$25 billion of stake-able crypto that’s coming online in the next 15 months.” Capitalising on this trend, a bunch of venture backed staking as a service providers like Bison Trails, Staked, Chorus One and Figment Networks have sprung up left and right. As expected, more (...)
#cryptocurrency Trading Looks Set for a Better Future with #regulation
▻https://hackernoon.com/cryptocurrency-trading-looks-set-for-a-better-future-with-regulation-921
Cryptocurrencies are gradually becoming mainstream across the globe with market capitalization nearing the 200-billion-dollar mark. What can regulation do for the industry?Bitcoinexchangeguide.com ImageWhen the cryptocurrency tsunami made landfall in the winter of 2017, it took the world by storm. It would appear that too many people, they thought it was a fad that would fade. However, two years since the initial bull run and surge in #bitcoin value, it now looks like cryptocurrency is here to stay. Despite the long crypto winter that only receded in 2019Q1, the demand for cryptocurrency is still robust.What gave Rise to the Demand for Regulation?The upheaval arose against cryptocurrencies when the deluge of ICOs swept through the globe like wildfire. The rush of ICOs looked too good to (...)
#bitcoin Bear Market Diaries Volume 18 with Matt Odell
▻https://hackernoon.com/bitcoin-bear-market-diaries-volume-18-with-matt-odell-48fab4f380c6?sourc
The Bitcoin Bear Market Diaries are a series of interviews featuring various important voices and perspectives in the Bitcoin ecosystem. Each interviewee was carefully selected and asked the same group of questions. The main goal was to provide the world with a collection of commentary and opinions on the state of the current Bitcoin and crypto market. Some of the names you will recognize while others don’t wish for the limelight but have great insight and experience we all can learn from.These interviews are raw and unfiltered with no agenda other than giving each individual their opportunity to speak their mind. If you like what you see, please share with your friends. If something offends you, you should probably X out and find another crypto fluff piece that gives you warm (...)
#hackernoon-top-story #blockchain #investing #cryptocurrency