Understanding finality in blockchain Finality in blockchain refers to the unchangeable confirmation of a transaction or a block of transactions. In conventional financial systems, once a transaction is confirmed, it cannot be undone. Similarly, attaining finality on a blockchain network ensures that a transaction is permanent and cannot be modified after it has been added to the…
Huobi Global’s crypto exchange HTX has confirmed the return of the funds stolen by a hacker in late September and issued a 250 Ether bounty after resolving the issue. One of HTX’s hot wallets was drained of 5,000 ETH on Sept. 25, worth roughly $8 million at the time. Shortly after the hack occurred, the firm contacted the…
The concept of long and short positions The long and short positions represent opposite strategies that investors and traders use to speculate on the price movements of assets under consideration. The idea of long and short positions is still applicable to traditional financial markets in the realm of cryptocurrencies. In order to profit from a…