Archive – Page 2 – Chaindaemons

Chains
- BitcoinBitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”
- CardanoCardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
- DogecoinDogecoin (DOGE) is based on the popular “doge” Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin’s creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
- EthereumEthereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.
- PolygonPolygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
- SolanaSolana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
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European bankers on digital euro: ‘ECB has no interest in users’ personal data’

As the various stakeholders within the European Union continue to research the potential of a single central bank digital currency (CBDC), the representatives of both private and public banking institutions share their opinion on the digital euro. In a fresh issue of the bi-annual Views Magazine, published in April, the Read more…

By admin, 1 monthApril 28, 2023 ago

Bathtub Full of Dollar Bills Leads to 4-Year Prison Sentence for Ohio Bitcoin Thief

A U.S. District Court has sentenced Bitcoin bathtub thief, Gary Harmon, for stealing 713 Bitcoin (BTC) from a wallet owned by the Internal Revenue Service (IRS). Ohio citizen Gary Harmon, 31, tricked the IRS and siphoned away 713 Bitcoin. The US District Judge Beryl Howell sentenced Gary to four years Read more…

By admin, 1 month ago

Binance says it built 700-member compliance team to handle crypto crime, legal enquiries

Binance, the world’s largest cryptocurrency exchange, has more than 700 employees in its compliance team, which includes 170 staff working with law enforcement agencies to combat fraud, the head of Binance’s financial crime unit, Tigran Gambaryan, said Thursday. His comments come as Binance itself faces legal challenges in the U.S. Read more…

By admin, 1 monthApril 28, 2023 ago

Shiba Inu to Uncover the Secrets of Rocket Pond Hub

Shiba Inu metaverse team says it will soon unveil the secrets of Rocket Pond. The team behind Shiba Inu’s metaverse project, Shib: The Metaverse, said it would soon uncover the secrets of Rocket Pond. The Metaverse team tweeted today that it has only a few days left to showcase the Read more…

By admin, 1 monthApril 28, 2023 ago