Author: Maria

A team of chemists, led by Bartosz A. Grzybowski from the Korea Institute for Basic Science and the Polish Academy of Sciences, has embarked on an unprecedented initiative, utilizing blockchain technology to simulate over 4 billion chemical reactions crucial for unraveling the mysteries of early Earth’s origins. This groundbreaking approach repurposes cryptocurrency mining processes to tackle intricate scientific inquiries, showcasing the versatility of blockchain beyond its financial applications. The researchers set out to explore the potential emergence of primitive forms of metabolism without relying on enzymes. To accomplish this, they carefully selected primordial molecules like water, methane, and ammonia, and…

The highly anticipated Litecoin (LTC) halving will occur later today, Aug. 2, marking the third event in the cryptocurrency’s history.According to litecoinhalving.com, the Litecoin network will reach a block height 2,520,000 around 3:16 pm UTC, reducing the block reward from 12.5 LTC to 6.25 LTC.Miners’ subsidy for solving a block is cut in half every 840,000 blocks, which has significant implications for Litecoin’s circulating supply and issuance rate. Halving the block reward decreases the influx of new LTC entering circulation, which has preceded bullish price action in the past, which occurred on Aug. 25, 2015, and Aug. 5, 2019.Source: CoinMarketCapHalving…

Crypto analyst Rekt Capital recently suggested that the worst might be over for Bitcoin. If so, the flagship crypto may be primed for a move to the upside, rising to as high as $100,000, which some other crypto analysts have predicted would be the case.  Bitcoin Is Out Of The “Danger Zone” Rekt Capital mentioned in an X (formerly Twitter) post that the Bitcoin Post-Halving “Danger Zone” is officially over. He added that Bitcoin is “celebrating with a good bounce from the Re-Accumulation Range Low support.” The crypto analyst had previously explained that the danger zone was the downside wick…

The US Department of Justice (DOJ) has arrested two brothers accused of orchestrating an attack on the Ethereum blockchain that resulted in the theft of $25 million worth of crypto.  Anton Peraire-Bueno of Boston and James Pepaire-Bueno of New York are charged with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering.  12-Second Ethereum Exploit The DOJ indictment alleges that the defendants fraudulently exploited the Ethereum blockchain’s integrity to obtain the substantial sum within a brief 12-second timeframe. The brothers were arrested in Boston and New York and are scheduled to appear before magistrates for their…

Chris Dixon, Andreessen Horowitz’s crypto founder and general partner, joined CNBC’s ‘Squawk Box’ to discuss his new book ‘Read Write Own: Building the Next Era of the Internet.’ The crypto evangelist examined some of the ideas in the book, including the role of blockchain technology in the future of the internet and a possible path for Artificial Intelligence (AI) content regulations. Blockchain Technology Is The Future of The Internet In the interview, Dixon reviewed some of the ideas proposed in his book. When asked about the utility of blockchain technology, the entrepreneur affirms his belief that, despite its importance, the…

On-chain data shows a Litecoin whale has made a large deposit to the cryptocurrency exchange Binance, which could be a sign of selling. Litecoin Whale Has Transferred $18.2 Million Worth Of LTC To Binance According to data from the cryptocurrency transaction tracker service Whale Alert, a huge movement has been spotted on the Litecoin blockchain during the past day. This LTC transaction saw around 516,809 tokens of the asset move across the network, approximately worth $31.5 million at the time the transfer had gone through. Naturally, the whales are the only investor class capable of shifting around such a large…

Bitcoin which has been moving downward for a while now has managed to break above its previous resistance level of $67,303.98 and has been showing signs of a potential rally ever since. At the time of writing, the price of BTC is up by 0.04%, and it is currently trading at around $67,303.98. BTC’s price is showing bullish signs and also forming a base above the $64,554.45 resistance level. The price is trading above both the bearish trend line and the 100-day Simple Moving Average (SMA) both on the 4-hour chart and the daily chart suggesting a bullish signal. This…

Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value lockedApproximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billionLido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. Earlier today, Lido Finance became the largest DeFi protocol in terms of total value locked, edging out Curve Finance from the top spot in the process. At the time of writing, the total value locked on Lido Finance stands at $19.1 billion compared to Curve’s $19 billion. Anchor comes in third with $17.08 billion, MakerDao…

Blockchain technology emerges as a potential robust solution to the persistent issue of counterfeit medicines in the pharmaceutical sector. According to Goldstein Market Intelligence’s forecast, the estimated impact of counterfeit medicines is a staggering $5.3 billion this year. Despite these challenges, industry experts express optimism about the transformative impact of blockchain technology in addressing this pressing concern. Is Blockchain The Solution To Counter Fake Drugs? In a recent interview with Sunday PUNCH, Oluseyi Akindeinde, the CEO of Hyperspace Technologies, highlighted the potential of blockchain in safeguarding the pharmaceutical sector. Akindeinde emphasized that blockchain’s ability to serialize pharmaceutical products and assign…

EDX Markets, an institutional crypto exchange launched on June 20, 2023, has announced its partnership with Anchorage Digital as the custody provider for its upcoming clearinghouse division, EDX Clearing.Anchorage Digital is a regulated crypto platform that offers financial services and infrastructure solutions for institutions. The partnership aims to bridge traditional finance market structures with the digital asset ecosystem.A clearinghouse is a financial intermediary that facilitates the settling of trades between two parties in various markets, such as stocks, bonds, derivatives, and other securities. Its primary roles are to ensure the smooth execution of trades and to reduce the risk of…