Author: Crypto Insider

Decentralized blockchain platform Aleo has revealed some users’ information on Feb. 25, according to reports on the X (formerly Twitter). The platform focuses on zero-knowledge (zk) cryptography and uses a third-party protocol for Know Your Customer (KYC). A pseudonymous user named @0xemirsoyturk said Aleo mistakenly sent KYC documents to his email. These documents included selfies and ID card…

Recent data from cryptocurrency data aggregator CoinGecko indicates that holding a newly airdropped crypto token for more than 14 days has, nearly half the time, resulted in missing the opportunity to sell at its all-time high. Since 2020, there has been a significant increase in airdrop interest. The most common way to receive free airdropped tokens is…

Significance of a block reward in cryptocurrency A block reward is a crucial component that supports the decentralized nature of cryptocurrencies and has great symbolic and functional importance.  Fundamentally, a block reward is the payment made to crypto miners for adding authorized transactions to the network. This process, known as mining, involves completing challenging mathematical puzzles,…

Potential sluggishness in the price of Bitcoin after the Bitcoin halving could tank the share prices of high-cost public miners in the United States, forcing some to even move offshore. “We might see a mining stock blood bath as investors realize these companies are barely making money,” says Jaran Mellerud, founder and chief mining strategist of…

A litany of insights into the early days of cryptocurrency were recently revealed when Bitcoin creator Satoshi Nakamoto’s earliest collaborator, Martti Malmi, published 120 pages of email correspondences between the two on GitHub on Feb. 23. My email correspondence with Satoshi in 2009-2011: https://t.co/jyoX8gXckp — Martti Malmi (@marttimalmi) February 23, 2024 The true identity of Nakamoto remains…

A new scam circulating on Telegram allows the attacker to drain a victim’s crypto wallet without the victim needing to confirm a transaction, according to user reports and blockchain data. The scam only works on tokens that comply with the ERC-2612 token standard, which allows for “gas-less” transfers or transfers by a wallet that does…