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Showing posts from December, 2022

Aelf Blockchain Network Upgrades

Aelf Blockchain Network upgrades v1.2.2 was announced. Aelf has been running steadily for months since it completed Mainnet migration in September 2021. During this period, aelf passed multiple milestones including Mainnet token swap, node election, and hackathons, and further promoted its development towards cloud-native, providing a solid foundation for its ecosystem upgrade. This upgrade focuses on the optimization of developer experience and user experience, enhancing multiple aspects including vote transfer, contract upgrade, and deployment, transaction fee exemption, etc. Through this released, all the production nodes and full nodes will be required to upgrade to the latest version or its mirror version. Aelf Blockchain Launches Aelf DAO Currently, Aelf blockchain announced that aelf DAO was founded, transforming aelf’s governance structure and future ecosystem growth towards deeper decentralization. This also marks a key milestone on Aelf’s road toward serving as an excellent o

Nic Carter dives into proof-of-reserves, ranks exchange attestations

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Crypto trading platforms Kraken and BitMEX topped the proof-of-reserves score list, while Binance received a low score for being incomplete. Bitcoin advocate Nic Carter has released an in-depth analysis of centralized exchange proof-of-reserves and ranked the attestations provided by some of the most prominent crypto trading platforms in the space.  Carter published a detailed examination of the quality of several exchanges’ proof-of-reserves (PoR). The crypto executive used parameters such as attestation to assets held and a disclosure of liabilities, incorporating a third-party auditor, demonstrating credibility by taking a PoR for all assets and committing to an ongoing procedure to determine which PoRs are of the best quality.  PoR scores of crypto exchanges. Source: Medium Crypto trading platforms Kraken and BitMEX topped the list. According to Carter, Kraken, which employed Armanino for its proof -of -reserves , gives clients a "good level of confidence" that there ar

WuBlockchain editorial team's predictions for 2023 Part 1

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Author: Joey Wu This article is only a personal opinion, does not constitute investment advice, does not represent WuBlock chain ’s opinion. 1. Bottom of the big cycle: 2023 is likely to be A year of recovery (not just for the crypto market, but also for the A-share market) for the following reasons. 1) Price below Cost In times of extreme greed or extreme panic, people tend to ignore the underlying pricing logic of assets and focus too much on the news side. BTC is essentially a mineral resource, and its underlying pricing logic is that production costs determine the market price. When there is too much hot money in the market, BTC will gradually leave the commodity property and become a speculative product, and the price is much higher than the cost at this time; Otherwise, it will gradually return to commodity attributes. So the standard for determining whether BTC is speculative or digital gold is whether the price is below cost. When the price is below cost, even the most loyal pr

Just 10 Days To Go In Dash 2 Trade Presale – What Are You Waiting For?

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Investors in the cryptocurrency industry are scooping up Dash 2 Trade (D2T), one of the best presales ahead of the New Year. It is a leading crypto analytics and social trading platform, making it easier for investors to make decisions. Dash 2 Trade is the go-to ecosystem during a lengthy crypto winter, where market participants can use key strategies and tools for remarkable returns. Investors Stay Bullish on Dash 2 Trade Ahead of First Exchange Listing Most investors in the cryptocurrency space are counting losses amidst a seemingly never-ending wild west-like trend in 2022. Unlike 2021, where cryptos surged to new all-time highs, this year saw the total market cap drop from nearly $3 trillion to $833 billion at the time of writing. Cryptocurrency market cap 2021 was the year that propelled nonfungible tokens (NFTs) into the mainstream. The total value locked (TVL) in staking platforms exploded to new all-time highs as investors explored alternative investment vehicles. The