Ethereum-based layer two scaling network Polygon has quietly fixed a vulnerability that put almost $24 billion worth of its native token MATIC at risk. According to a Dec. 29 blog post from Polygon, the “critical” vulnerability in the network’s Proof-of-Stake (PoS) Genesis contract was first highlighted by two whitehat hackers on Dec. 3 and Dec.
Month: December 2021
As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based instruments. In addition to Bitcoin crossing $68,000 for the first time since inception, the year of 2021 will be remembered for Bitcoin’s historical adoption as legal tender in El Salvador. The
Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more AI adoption has skyrocketed throughout the last 18 months. Besides Joe McKendrick, who wrote the foundational piece on HBR, professionals who work on AI would readily attest to
At the end of May, crypto advocates discovered a website created by the video game retailer Gamestop. The web portal disclosed that Gamestop was entering the world of blockchain tech and non-fungible token (NFT) assets. Gamestop’s NFT web portal has recently been updated and is requesting creators to sign up for the platform. Gamestop NFT
High transaction costs have been a thorn in the side of the top blockchain protocols for years as both Bitcoin (BTC) and Ethereum (ETH) have seen the average cost of conducting token transfers skyrocket during times of network congestion and high demand. One layer-one (L1) protocol that has been gaining traction in recent months that
What are the best web series and TV shows of 2021? Well, with three quarters of the year spent at home just like we did last year (thanks, COVID), television continued to be a central fixture in our lives. All of us spent hours in front of our screens. With little human company afforded elsewhere
In this article INTC AAPL Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California. Brooks Kraft/Apple Inc/Handout via Reuters Apple‘s decision to ditch Intel paid off this year. The pivot allowed Apple to completely rethink the Mac, which had started to
What are the best video games of 2021? Picking the top games is quite a challenge especially since this year saw the release of several excellent titles. Thanks to them, staying indoors during the ongoing coronavirus pandemic didn’t feel like too much of a challenge. You know what we mean. Gamers had a lot of
Due to various reasons, Huawei and its sub-brand Honor aren’t active in the smartphone space in India anymore. However, that hasn’t held the company back in allied product segments, including wearables and audio products, in which it remains present. Wearables make up a popular and fast-growing segment, particularly in the affordable price range where many
Instagram Head Adam Mosseri on Tuesday announced the photo-sharing app’s key priorities for 2022, which include doubling down on videos. He highlighted videos, messaging, transparency, and creators as the four key areas on which the Meta-owned platform will be focusing on in the coming year. The Instagram head also talked about major updates that landed
An ongoing crypto mining campaign has upgraded its arsenal while adding new defense evasion tactics that enable the threat actors to conceal the intrusions and fly under the radar, new research published today has revealed. Since first detected in 2019, a total of 84 attacks against its honeypot servers have been recorded to date, four
2021 has proven to be a fortuitous year for the world’s second-biggest cryptocurrency Ether (ETH), which has seen a fourfold increase in value over the past 12 months. In doing so, Ether has outperformed the appreciation of the preeminent Bitcoin and has gained an increased percentage of the overall cryptocurrency market by capitalization. While the
The S&P 500 is trading near its all-time high but Bitcoin (BTC) has plunged about 30% from its all-time high at $69,000. Even after the sharp drop, Bitcoin is up 63%, year-to-date, outperforming the S&P 500, which is up about 30% in 2021. Gold, which is popular as a hedge against inflation, is down roughly
The Chairman of the Securities and Exchange Board of India (SEBI) Ajay Tyagi urged mutual funds to avoid investing in crypto-related assets as the government considers new cryptocurrency rules. Speaking at a press conference on Tuesday, Tyagi advised firms to refrain from investing in funds linked to crypto assets until there is clarity on the
Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more How can software be faster, cheaper, and more resilient? For many developers, the answer in 2021 was to move the computation out of a few big datacenters and
Could retail investors be flocking back to Bitcoin (BTC)? In encouraging signs for a bullish 2022, Glassnode data reveals that 913,000 new BTC addresses were added from November to the start of December this year. In a boon for BTC, on-chain analyst On-Chain College shared insightful data regarding retail adoption and the potential beginnings of
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