Amidst a dip in NFT sales this year compared to the highs of summer 2021, brands like Casio and celebrities such as Caitlyn Jenner are demonstrating continued faith in the potential of digital collectibles. Statistics show that NFT transactions are significantly lower this year. In addition, once valuable NFTs are now being sold for much less than what they were purchased for a few years ago. For example, CryptoPunk #5822, which holds the record for the most expensive CryptoPunk sale, sold for 8,000 Ether in 2022, valued at around $23 million at the time. On August 19, the NFT was transferred to an anonymous crypto wallet for an undisclosed amount. However, this downward trend hasn’t deterred everyone from engaging with NFTs.
- 0 replies
- 0 recasts
- 0 reactions
Millions of PCs are affected by a vulnerability in AMD processors discovered on Aug. 9, according to a report from Wired. The discovery could be especially concerning for users who run software wallets such as MetaMask, Coinbase Wallet, Trustwallet or others on these devices. The vulnerability, called “Sinkclose,” allows an attacker to create a “bootkit” that “evades antivirus tools and is potentially invisible to the operating system.” If a user’s device becomes infected with sinkclose-associated malware, it is virtually impossible to remove. Even formatting the hard drive and reinstalling the operating system will not get rid of the malware. The vulnerability was reportedly discovered by Enrique Nissim and Krzysztof Okupski, researchers for the cybersecurity firm IOActive, and was disclosed at the Defcon hacker conference on Aug. 10.
- 0 replies
- 0 recasts
- 0 reactions
Tezos (XTZ) is a blockchain platform designed to run and support decentralized applications (dApps) and smart contracts, using a unique decentralized governance system based on the Proof-of-Stake (PoS) algorithm. Tezos operates on Liquid Proof-of-Stake (LPoS), a unique version of PoS that only Tezos uses. Network participants with more than 6,000 XTZ can become delegates or "bakers", producing new blocks and confirming existing ones. Tezos smart contracts are written in the Michelson programming language. Gas is used to execute transactions on the network, which is paid for in the XTZ cryptocurrency. XTZ is the native token of the platform, which has several uses: it serves as a reward for participating in the mining process or delegation of tokens, is used for voting in the Tezos decentralized governance system, and also serves as a transfer of value.
- 0 replies
- 0 recasts
- 0 reactions