In a May 12 blog post, Coinbase said its Global Advisory Council would aim to navigate the “increasingly complex and evolving” crypto landscape globally. Former Pennsylvania Senator Patrick Toomey, former Ohio Representative Tim Ryan, former New York Representative Sean Patrick Maloney, and other industry insiders will sit on the council and advise the company on crypto policies.Continue Reading on Coin Telegraph More
The first step in securing one’s online identity is to use strong, one-of-a-kind passwords. A strong password should be at least eight characters long and include a variety of symbols, numbers, upper- and lower-case letters, and other characters. Continue Reading on Coin Telegraph More
Beginning with an upgrade to unify the organization’s brand, the new roadmap details a five-phase project called “Endgame.” Continue Reading on Coin Telegraph More
According to proposal BIP-21, the BitDAO ecosystem — governance (BitDAO) and product (Mantle) — will be unified as Mantle. Governance processes and treasury management will remain unchanged, but after community approval, BIT holders will undergo a token-conversion process for the new Mantle token.Continue Reading on Coin Telegraph More
Today’s show starts by discussing the economic crisis in Argentina, a Latin American country that is experiencing hyperinflation. After years of populist measures, its local currency, the peso, saw its value go down by 70% in two years. The government’s overspending caused another issue: a lack of United States dollars for the government and companies to pay for imports and remittances. But what does that mean for the U.S. dollar, Bitcoin (BTC) and gold?Continue Reading on Coin Telegraph More
Layer 1 blockchain network Cardano has announced the launch of Hydra Head (version 0.10.0), a layer 2 mainnet compatible scaling solution that aims to enhance the transaction speed on the network by increasing throughput and minimizing delays. The scaling tool is active on Cardano’s mainnet.Cardano developer Sebastian Nagel took to Twitter recently to share the latest development. According to Nagel, the release of the first mainnet compatible version of the Hydra node came after months of demonstrating the scaling tool on the Cardano mainnet. The latest milestone included solving a host of other issues like updating dependencies and fixing Hydra’s arithmetic underflow.According to the Github repository tweeted by Nagel, Cardano’s developers also updated the application programming interface (API) to accommodate for a first round of user requests. The API client is now allowed to control the server output, which includes configurable transaction format and configurable latching of history.The next order of business for Cardano’s developers is to work on the upcoming elements of the blockchain’s roadmap. According to the Hydra Head roadmap posted on Github, the next objectives laid out in version 0.11.0 are supporting timed transactions, commits from external wallets, and authenticating network messages. The objectives scheduled for later include Hydra node software scripts and protocol updates along with building and deploying a Hydra heads explorer.Data from CoinMarketCap shows that Caradno’s native token ADA has gained nearly 4% since the announcement of Hydra Head’s launch. At the time of writing, ADA was trading at $0.365. With a market capitalization of $12.7 billion, ADA is currently the seventh-largest cryptocurrency in the world. Its daily trading volume came in at $266 million.The post Cardano’s Scaling Solution Hydra Goes Live On Mainnet appeared first on Coin Edition.See original on CoinEdition More
The Securities and Exchange Commission (SEC) has charged HSBC’s securities arm, HSBC Securities (HSI), and Scotiabank’s investment subsidiary, Scotia Capital, with penalties over recordkeeping violations.Continue Reading on Coin Telegraph More
