DeFi News Today TheBitTimes.com

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Ten years ago, blockchain was a novelty technology that appealed to few beyond Bitcoin’s small community of “magic internet money” users. That coterie of supporters grew after the creation of a distributed smart contract framework called Ethereum. But even then, most of the world dismissed it as a solution in search of a problem: slow, energy-hungry, and difficult to scale.  The story is very different today. Mainstream interest is burgeoning, with PayPal among the latest in a slew of household names adopting blockchain-powered solutions that are being seamlessly integrated into our everyday lives. The venerable London Stock Exchange Group jumped on the bandwagon in early September, announcing plans to launch a blockchain-powered digital asset trading platform.  You might also like: The rise of CBDCs is inevitabl...

According to an analysis from Moody's Investors Service, AI and distributed ledger technologies are set to disrupt companies, industries, and economies across the globe. Artificial intelligence (AI) and blockchain technologies have reached a "tipping point" and are set to shrink established industries while creating new ones, forecasts a report from Moody's Investors Service published on Sep. 6.  According to the authors, the combined impact of AI and distributed ledger technologies (DLTs), such as blockchain , has effects "far beyond corporate balance sheets," and "will likely reshape entire sector s, leading established industries "to shrink or disappear altogether while creating new market s from scratch ." The report notes: "History has shown that transformative technologies can shrink established sectors shrink or wipe them out entirely [...] AI will drive the emergence of new sectors, possibly in content generation, mobility, edu...

Explore strong password creation, management and advanced protection techniques to secure crypto holdings. In the world of cryptocurrencies, security is paramount. As a crypto enthusiast, one of the foundational steps to ensuring the safety of your digital assets is effective password management.  With the potential for significant financial loss in the event of a security breach, mastering the art of password protection is a critical skill. This comprehensive guide will walk you through the importance of password security, best practices for creating strong password s and advanced techniques for managing your password s securely. Why password security matters The first line of defense against unwanted access to an individual’s cryptocurrency holdings is their passwords. Due to the irreversible nature of blockchain transactions, a compromised account may result in large losses. As a result, it’s important to ensure strong password security since hackers and cybercriminals are conti...

CryptoHarlem founder Matt Mitchell says government and corporate surveillance and citizens’ inability to protect against it are great threats to personal security. Technology can be one’s best friend or, in some cases, their worst enemy . For example, Meta and TikTok seamlessly connect millions of people with loved ones and strangers, and while the platforms are a great resource for finding information and communicating with others, there are valid concerns about violations of users’ Privacy and the monetization and possible outright theft of users’ data.  The same can be said for surveillance and security. There is often a gift-and-a-curse style relationship, wherein the exact surveillance tools meant to keep people safe and deter crime are often used to oppress and control citizens or even ignore the criminal acts of those in power. To explore this contentious topic in greater depth, show hosts Jonathan DeYoung and Ray Salmond invited renowned hacker and activist Matt Mitchell to ...

Learn how to earn free cryptocurrency with these seven methods, including faucets, bug bounties and more. Due to the popularity of cryptocurrency, numerous individuals are searching for means to acquire free crypto. Here are seven methods one can use to earn cryptocurrency without having to invest your own money, including crypto faucets, airdrops, staking, bug bounties and more.  There are several common risks to be aware of when earning free crypto, including security risks, scams and fraud, limited earning potential, time-consuming activities, and potential legal or tax implications. It’s important to do your research and approach these methods with caution. Faucets Crypto faucets are websites or applications that provide users with small sums of cryptocurrency in exchange for doing things like completing CAPTCHA puzzles or watching advertisements. One example is Moon Litecoin, which offers free Litecoin (LTC) to users who complete tasks, such as streaming videos. The rewards from ...

The ICF is also funding projects to drive Cosmos's adoption and use cases, including programs like the Interchain Developer Academy and Interchain Builders Program. According to a medium post on Feb. 20, the Interchain Foundation (ICF), a non-profit organization behind the creation of the Cosmos (ATOM) interblockchain communications (IBC) ecosystem, has committed to spending approximately $40 million in 2023 to develop its core infrastructure and applications. As a part of the Interchain Stack, which is utilized by around 50 blockchains, these include the Tendermint Core (and now CometBFT), Cosmos SDK, Cosmos Hub, and the IBC protocol. "Throughout the year, we envisage engaging other teams to deliver smaller, tightly defined tasks within each area of work. Such contracts will be to supplement the work of the teams mentioned below or in service of their needs that arise during the year." The ICF is also supporting the development of CosmWasm and Ethermint, the technologi...