July 7, 2022
Facebook Twitter Instagram Youtube
Subscribe
  1. Home
  2. News
  3. Solana launches Android smartphone ‘purpose-built for crypto’
Vinkmag ad

Solana launches Android smartphone ‘purpose-built for crypto’

Solana launches Android smartphone ‘purpose-built for crypto’ thumbnail
Vinkmag ad

Solana Labs, the workforce behind the Solana (SOL) community, on June 23 introduced the launch of its personal Android smartphone named Saga, in addition to the Solana Mobile Stack software program ecosystem for Android.
The publish Solana launches Android smartphone ‘purpose-built for crypto’ appeared first on Cryptonomie…

Tags:

Read Previous

Quantum Economics companions with LitBit for challenge incubation
Read Next

Brad Garlinghouse, the chief govt officer of Ripple Labs, has claimed the United States Securities and Exchange Commission, or SEC, has inconsistently imposed laws on crypto companies within the nation. Speaking to Wired editor-in-chief on the Collision convention in Toronto on Thursday, Garlinghouse pointed to Ripple’s present authorized battle with the SEC, during which the federal regulator has alleged the corporate’s executives carried out an “unregistered, ongoing digital asset securities providing” with XRP token gross sales. Garlinghouse referenced the SEC’s approval of Coinbase’s public providing in April 2021 regardless of the actual fact the crypto change listed XRP on the time.“The SEC now seems to take the position when they sued us that ‘XRP is a security and always has been’, but they approved Coinbase going public even though Coinbase is not a registered broker-dealer,” mentioned the Ripple CEO. “There’s some contradictions here of the SEC almost not, within its organization, knowing left hand, right hand.” Garlinghouse added:“The SEC, instead of doing the hard work to define a new set of clear rules, a new set of clear regulations […] they instead decide we’re going to do regulation through enforcement, which is not efficient and really I think has stifled innovation in the United States.”Garlinghouse, Ripple co-founder Chris Larsen, and chief expertise officer David Schwartz have all leveled complaints towards U.S. regulators previous to and following the SEC submitting its lawsuit towards the agency in December 2020. Larsen advised in October 2020 that Ripple may think about leaving the U.S. behind given many authorities’ coverage of “regulation through enforcement” — the agency is at the moment headquartered in San Francisco, but additionally has places of work in Dubai and Wyoming. Related: Ripple counsel slams SEC for attempting to bulldoze and bankrupt crypto“I don’t think [crypto is] the Wild West at all,” mentioned Garlinghouse, in response to SEC chair Gary Gensler’s characterization of the area. “I think crypto certainly is a volatile asset class […] All asset classes have a certain volatility — I don’t think it’s a regulator’s job to determine how that volatility should be accessed by consumers, by businesses.” “I do not suppose it is the wild west in any respect.” Ripple CEO @bgarlinghouse thinks the SEC is not portray crypto in the precise mild. pic.twitter.com/iO30gVafTn— Cointelegraph (@Cointelegraph) June 23, 2022 The court docket case between Ripple and SEC continues to be ongoing, with many anticipating the outcomes to set a precedent for the regulatory therapy of cryptocurrencies within the United States.

Most Popular

News

The hacker who exploited Solana-based liquidity protocol Crema Finance on July 2 returned a lot of the funds however was allowed to maintain $1.6 million as a white hat bounty.The bounty, 45,455 Solana (SOL), is price a beneficiant 16.7% of the $9.6 million Crema misplaced initially, which pressured the protocol to droop companies. Crema’s staff started an investigation to determine the hacker by monitoring their Discord deal with and tracing the unique fuel supply for the hacker’s deal with. Just because it appeared the staff could have been onto the key id, it introduced that it had been negotiating with the hacker. On July 6, the hacker returned 6,064 Ether (ETH) and 23,967 SOL price roughly $8 million.After a protracted negotiation, the hacker agreed to take 45455 SOL because the white hat bounty. Now we now have confirmed the receipt of 6064 ETH + 23967.9 SOL in 4 transactions indicated under. A follow-up compensation plan shall be launched in 48h.— CremaFinance (@Crema_Finance) July 6, 2022 The hacker returned the funds in a sequence of transactions on Ethereum and Solana networks. The first transaction on every community was a take a look at with a negligible quantity of cash, whereas the next was price the vast majority of the funds despatched.Users of Crema and the staff have cause to relaxation simpler now that the funds have been secured, however there’s nonetheless work to do. The staff introduced on July 5, earlier than the deal had been reached, that it submitted new code for auditing to make sure that the identical exploit didn’t occur once more. Although the group awaits an official autopsy on the assault, the Crema staff outlined what occurred in a July 3 thread on Twitter. The attacker took out a flash mortgage from the Solend decentralized finance (DeFi) lending protocol, which was added as liquidity to a Crema pool. The hacker then fabricated pricing information to make it appear as if they have been owed a a lot larger reward than they need to have. This allowed them to take “a huge fee amount” price about $9.6 million from the pool to which they added the flash mortgage. Related: Dutch University set to recuperate greater than twice the paid BTC ransom in 2019The Crema protocol shall be again up and working after the audit is full, in response to the staff’s tweet. The staff may even concern a compensation plan for affected customers by July 8.Crema is fortunate to have recovered as a lot funds because it did, contemplating the calamity that befell the Horizon Bridge on Harmony final month. A hacker stole $100 million in crypto from Harmony’s token bridge and rejected the $1 million white hat bounty to return the funds.

July 7, 2022
Market Analysis

Price evaluation 7/30: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

July 30, 2021
Market Analysis

Price evaluation 7/28: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

July 29, 2021
Market Analysis

Price evaluation 7/26: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

July 26, 2021
Market Analysis

Price evaluation 7/23: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

July 23, 2021