Business

Solana and Ethereum smart contract audits, explained

[ad_1] As you might expect, this depends on how complex a smart contract is. According to Hacken, this can extend to $500,000 for larger projects where there are more lines of code — not least because of the additional engineering hours it'll take. The company argues these costs pale into comparison with the economic damage that a smart contract vulnerability can bring. Hacken cites data showing that, in 2021, 80%
Business

Cristobal Balenciaga NFT To the Moon drop inspired by founder’s original designs is live

[ad_1] Lorenzo Riva, the artist director of the luxury fashion brand Balenciaga during the 1980s, launched a much anticipated Cristóbal Balenciaga: To the Moon nonfungible token (NFT) collection on July 21 in collaboration with Cointelegraph. The NFT collection comprises 8,300 original, never-before-seen designs from Cristóbal Balenciaga himself.Cristóbal had humble beginnings as a local tailor’s apprentice and eventually rose to prominence in the fashion industry as a pioneer of novel garment shapes. These
Business

Coinbase stock has potential to double in 2022 after plunging 90% from record high

[ad_1] Coinbase stock (COIN) price has nearly doubled since its June lows with a potential for much more upside this year, according to a mix of technical and fundamental indicators.COIN's symmetrical triangle reversalCOIN has been undergoing a strong bullish reversal after falling by almost 90% from its record high of $368.90 in November 2021.Coinbase stock price was up over 95% to $75.27 as of July 20's close when measured from
Business

Gamers plug into DeFi through the new Razer rewards partnership

[ad_1] Gamers and customers of IT and gaming hardware firm Razer are set to plug into the world of decentralized finance (DeFi) through a new rewards swap program in partnership with Cake DeFi.Razer remains a household favorite brand for gamers around the world, with its Razer Gold rewards program allowing gamers to earn and redeem Razer Silver points for a variety of hardware and digital rewards, including Steam games and
Business

South Korea postpones 20% tax on crypto gains to 2025

[ad_1] The South Korean government has reportedly postponed the 20% tax crypto gains by two years. The controversial 20% tax on crypto gains was supposed to come into effect from January 1, 2023, but now has been deferred to 2025.The government officials announced their new tax reform plans on July 21, deferring the crypto tax policy to 2025, citing stagnant market conditions and the time required for the preparation of
BLOCKCHAIN

How to find your NFT’s metadata?

[ad_1] Individually identifiable digital representations of blockchain-based tangible or intangible objects called nonfungible tokens (NFTs) are not typically divided into smaller parts. Instead, structured metadata related to actual or virtual things is represented by NFTs. Often, the tokens are not connected to the objects and serve as distinct identifiers, advancing the interoperable commercialization of the physical or digital items, according to their proponents.Hashes of files or other data were added
Business

Regulators across the ocean discuss stablecoins and MiCa at joint forum

[ad_1] It’s not every week that regulators from both sides of the Atlantic ocean come together to discuss cryptocurrencies. But that's what happened last week, with European and American counterparts sharing their thoughts on stablecoins, central bank digital currencies (CBDCs) and the Markets in Crypto assets (MiCa) proposal. The representatives of the European Commission, the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), and several other EU-level bodies
Business

Packed your Bitcoin? A BTC holiday in Costa Rica goes fiat free

[ad_1] Passport, sunglasses, beach towel, Bitcoin (BTC)? A BTC enthusiast on vacation demonstrated that the world's largest cryptocurrency could soon become a holiday essential. Eugenio, a Costa Rican Bitcoin maximalist, paid his way on holiday with just Bitcoin in his wallet during a long weekend on Costa Rica’s Pacific coast.A hotspot for Bitcoin adoption and real-life whale spotting, the towns of Uvita, Dominical and Ojochal are home to Bitcoin Jungle,
Business

BTC price battles 200-week moving average after $930M Tesla Bitcoin sale

[ad_1] Bitcoin (BTC) staged its first test of critical support on July 21 as news that Tesla had liquidated most of its Bitcoin holdings subsided. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls attempt to flip key trendline to supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD focusing on the $22,800 zone after dropping from multi-week highs of $24,280 on Bitstamp.The pair had reacted swiftly but comparatively modestly to the revelation
BLOCKCHAIN

Blockchain has the biggest potential since the internet: Saxo Bank founder

[ad_1] While the crypto prices are calm and investor interests remain low, blockchain’s potential to transform and disrupt industries keeps attracting those eager to build regardless of digital asset prices. Lars Seier Christensen, the founder of investment banking firm Saxo Bank, told Cointelegraph that blockchain's inherent features made him decide to jump into the space and run a blockchain project called Concordium. He explained that: “I am fascinated with the many