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The Blog

Welcome to our little corner of the Internet. Kick your feet up and stay a while.

Sui blockchain taps radio waves to bank the offline unbanked

Flyhightechno September 4, 2024News

Sui blockchain innovates with alternative methods, like radio waves, to enable offline crypto transactions for unbanked communities, even those without internet access. Source link

Japan’s finance regulator calls for lower crypto taxes in 2025

Flyhightechno September 4, 2024News

Japan’s Financial Services Agency has released plans to overhaul the nation’s tax code, which could lower the tax rate on crypto assets in 2025.  Source link

Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020: FTC

Flyhightechno September 4, 2024News

As Bitcoin ATM scams surge, particularly targeting older adults, the FTC and industry leaders stress the importance of caution and preventive measures. Source link

Scammers have found a way to burn tokens from inside Solana wallets

Flyhightechno September 4, 2024News

Reports have emerged of users buying tokens and not seeing it show up in their wallet balances.  Source link

Lara and Tiffany Trump X accounts hacked, users warned not to click links 

Flyhightechno September 4, 2024News

Scammers have taken over two accounts associated with presidential candidate Donald Trump’s family Source link

Penpie protocol exploited, suffers $27M loss

Flyhightechno September 3, 2024News

Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023.  Source link

Ripple to add smart contracts to XRP Ledger

Flyhightechno September 3, 2024News

The move aims to attract developers and expand XRP Ledger’s capabilities, bringing new use cases to its ecosystem. Source link

Solana Foundation defends decentralization amid patch coordination claims

Flyhightechno September 3, 2024News

Solana Foundation’s Dan Albert highlighted the network’s distributed block-producing nodes, arguing that coordinating a patch does not mean centralization. Source link

Arbitrum Stylus mainnet launch opens Web3 for traditional coders

Flyhightechno September 3, 2024News

Offchain Labs introduces Arbitrum Stylus on mainnet, enabling DApp development with WebAssembly languages, boosting performance, and lowering gas fees. Source link

21.co launches Bitcoin wrapper on Ethereum

Flyhightechno September 3, 2024News

It aims to bring institutional-grade security to wrapped BTC. Source link

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