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Uber is looking into enabling crypto payments and will "absolutely" allow them - at some point. However, that may not happen until transaction costs and environmental impact drop. Uber's CEO Dara Khosrowshahi said that the company could "definitely" accept cryptos like Bitcoin at some point in the future. In an interview with Bloomberg tech, the CEO revealed that the ridesharing company discusses crypto payments within the app. However, that won't happen until crypto payments become less expensive and lower their…

Solidproof is among the most trusted blockchain security and smart contract auditing companies in the crypto market today. The Germany-based company aims to fix the security and transparency issues smothering the crypto space. But, unfortunately, as the industry attains more progress, so do the opportunities for bad actors to victimize honest investors. According to a yearly report on crypto crimes by Chainalysis, $14 billion of all transactions in crypto in 2021 were associated with scams or money laundering. These figures…

How to evaluate the security of a cryptocurrency? One could easily claim that secure cryptos must run on a secure blockchain. However, this theoretical statement can have complex applications in the real world. One way to look at the matter is by connecting security to validation. Every blockchain must have a suitable transaction validation mechanism. When it comes to blockchain validation, we generally mention nodes. Today we will talk about Bitcoin nodes. The article aims to explain a very technical…

Ethereum layer-2 solution, Optimism, fixed a major flaw that would have permitted an illegal and continuous creation of ETH tokens.  According to sources, Optimism might have just solved a significant system vulnerability issue. The potential glitch got the attention of developers at Ethereum through an Ethical Hacker, Jay Freeman, who discovered flaws in the code and saved the network from significant theft risks.  The bug, now curtailed, was reportedly triggered by an Etherscan employee. Had the issue not been promptly…

DeFi, or decentralized finance tokens, continue to be the center of attention in the crypto realm. As a result, many individuals have started to make the most out of DeFi coins. After all, DeFi coins make it possible to address outdated issues in the financial sector. The truth is that DeFi coins have had consistent demand, and this trend continues to head in an upward direction. But once you’re interested in investing in decentralized finance, choosing the “right” DeFi token…

Binance is on the verge of acquiring $200 million in Forbes stakes, as it touts the magazine publisher as an essential tool for web 3.0 Binance will merge with the blank-check company Magnum Opus in a $400 million takeover deal. Forbes will list on the New York Stock via SPAC as FRBs in the coming months. Binance SPAC Merger Major crypto exchange Binance will invest about $200 million into Forbes to ease a special purpose acquisition purchase (SPAC) of the…

Eric Adams – Mayor of New York City – is undoubtedly bullish on crypto. Yet when it comes to crypto mining, he appears to be towing the party line. In a joint session on Wednesday, the newly elected Democrat said he doesn’t support cryptocurrency mining. Though environmentalists appear pleased with his remarks, they may damage the mayor’s campaign to attract the crypto industry to NYC. ‘Crypto’, Not ‘Mining’ According to the New York Post, the mayor has chosen to side…

While institutions and countries alike learn to embrace Bitcoin, the ECB remains opposed to the asset as an investment option. An executive board member recently deemed Bitcoin “unsuitable” as a store of value, implying the bank would never buy it. Her remarks mirror Christine Lagarde, Jerome Powell, and other monetary authorities regarding Bitcoin. A Speculative Asset The board member – named Isabel Schnabel – made her remarks in a Q&A session on the ECB’s behalf this Wednesday. When asked when…

LEASH token spiked 58% after Shiba Inu devs said it would play a crucial role in their upcoming metaverse project. Following metaverse projects like Sandbox and Decentraland, Shiba Inu decided to join in. As a result, the team behind the second-largest meme coin announced their metaverse project. Like everything Shib does, we will lead this Metaverse sector. At this time, our early phase of development continues for the Shiba Inu Metaverse – Codename: Shiberse The second-largest dog-themed meme coin developers…