Yce 🎭

@horzular

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843 Followers

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We are the mask. Masking it and enjoying it 🎭

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We are here with you. Mask it 🎭

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The market is crying profusely

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A blockchain is a distributed peer-to-peer database that has strict rules for adding data. Each cryptocurrency is associated with a blockchain that serves as its open ledger. Behind the Bitcoin cryptocurrency is a blockchain known as the Bitcoin blockchain

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What are the barriers to blockchain adoption? Blockchain’s technical complexity is one of the technology’s main challenges. It requires an upfront investment in time, talent, and resources which can be daunting for some companies. In addition, there are still concerns about security and privacy of blockchain data

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What are blockchain’s applications across industries? Blockchain’s potential use cases span across industries, including financial services, retail, marketing and advertising, and healthcare.

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Over a third (38%) of US workers said that blockchain technology is widely used within their businesses, according to a February 2023 survey by EY. Another 44% said the tech would be widely used within three years, while 18% reported it was still more than three years away from being widely used within their business.

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What are the benefits of blockchain? Blockchain is a secure, transparent, and efficient way to share data across multiple parties. Blockchain cannot be altered or reversed, which means participants can trust the data that they are presented with.

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Decentralization in blockchain refers to transferring control and decision making from a centralized entity (individual, organization, or group) to a distributed network. Decentralized blockchain networks use transparency to reduce the need for trust among participants.

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Blockchain technology is an advanced database mechanism that allows transparent information sharing within a business network. A blockchain database stores data in blocks linked together in a chain. The data is chronologically consistent because you cannot delete or modify the chain without consensus from the network

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Blockchain can also be used to reduce fraud and other trust-related issues in digital ad buying. Blockchain has a wide range of applications in healthcare, including improving payment processing, electronic medical records, provider directories, and data security and exchange.

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DePIN monetization with blockchain technology GAIMIN, a base layer for game developers launched the first phase of an upgrade to its decentralized physical infrastructure (DePIN) monetization platform, Gaimin Cloud. The update overhauls the platform’s architecture, enhancing it's ability to manage PCs on its network

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In a May 13 notice, Bitfarms said it had terminated Morphy as CEO and president ahead of a previously announced plan to have him continue leading the company until a replacement could be found. According to the mining firm, Morphy filed a $27 million lawsuit against Bitfarms on May 10 in the Superior Court of Ontario.

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Is a Bitcoin breakout imminent? On the four-hour chart, Bitcoin price printed an inverse head and shoulders pattern, a formation used by technical analysts to predict the reversal of a previous downtrend.

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Hacks continue to pose a risk for crypto users. On May 6, Gnus.AI lost more than $1.27m when its Discord server was compromised and a private key was leaked. On May 13, cybersecurity firm Kaspersky reported that the North Korean hacker organization Kimsuky has launched a new “Durian” malware targeting crypto firms.

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According to Arkham Intelligence data, the Ethereum destination address received its funds from an address ending in d609. The d609 address, in turn, received the funds from several Bitgo multisignature wallets. Arkham has not explicitly labeled these wallets as belonging to Rain.

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The Rain cryptocurrency exchange was “likely exploited” on April 29 when $14.1m worth of BTC, ETH, SOL, XRP was transferred to a new wallet under suspicious circumstances according to a May 13 report from on-chain sleuth ZachXBT Rain co-founder AJ Nelson confirmed on X that the transfers were caused by an attacker

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...cont'd thereby converting the fake GNU tokens to genuine GNUS.ai tokens on Fantom. Afterward, the attacker bridged 500,000 worth of illicitly minted GNUS.ai tokens from Fantom to Ethereum and sold them for $1.27 million.

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On May 5, blockchain security firm CertiK reported that the Genius Crypto Token GNUS.ai was exploited for $1.27 million. After exploiting the developers' private wallet on Discord, an attacker allegedly created a fake GNU token on Fantom blockchain and copied the code from GNUS.ai's Ethereum Chain...

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Similarly, on May 3, web3 base layer KIP Protocol said it would partner with GPU cloud infrastructure provider Aethir to accelerate AI development on both networks. Through the collaboration, KIP would deploy its KnowledgeFi monetization system and decentralized retrieval augmented generation (dRAG) framework...

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