August 2023 - Seite 20 von 62 - Finanzmittel Info + Krypto + Geld + Gold

22. August 2023

Web3 travel ecosystem Camino Network passes Hexens security audit

Firms in the travel sector, including Lufthansa, EuroWings, Hahn Air, and Sunnycars, have backed the Camino Network consortium blockchain.
Hexens has previously audited well-known projects like Polygon Labs, Celo, and Lido.
Camino Network is also inviting white-hat hackers for a $50,000 bounty program.

The Camino Network Foundation has announced that the Web3 travel ecosystem Camino Network has successfully completed a security audit conducted by the renowned cybersecurity company Hexens with great results.

Camino Network, which was introduced earlier this year, is a public, permissioned Web3 blockchain that anyone may build on. By enabling users to create and deploy decentralized applications backed by smart contracts, it will revolutionize the travel sector and usher in a new era of travel-related goods and services. Numerous significant firms in the travel sector, including well-known names like Lufthansa, EuroWings, Hahn Air, and Sunnycars, have backed the Camino Network consortium blockchain.

Camino Network security audit

Since Camino Network has always placed a high focus on security, it set out to locate a dependable and trustworthy partner to audit its sizable codebase and offer suggestions for patching any vulnerabilities.

The Camino Network Foundation ultimately decided to collaborate with Hexens, which has considerable experience reviewing the code for smart contracts and blockchain infrastructure, having previously worked on well-known projects like Polygon, Celo, and Lido.

Hexens is regarded as a pioneer in the creation of fresh bug-finding methods and employs the industry’s known procedures and workflows to uncover vulnerabilities and provide recommendations.

Nine minor flaws were found during Hexens’ audit of Camino Network’s L1 codebase; each was swiftly fixed by the team to maintain the network’s reliability. The adherence to excellent coding methods and emphasis on strong security is demonstrated by the absence of any significant vulnerabilities.

Camino Network bug bounty program

Following the audit, the Foundation hired Hexens to continually contribute actively to its security. Through cooperation, Camino Network can ensure the travel industry that maintaining the security of the ecosystem is one of its top goals.

To that aim, Camino Network has established a formal bug bounty program, asking white-hat hackers to evaluate the security of its network in exchange for payments of up to $50,000 for the discovery of serious flaws.

The post Web3 travel ecosystem Camino Network passes Hexens security audit appeared first on CoinJournal.

22. August 2023

Long-term holders weather brief volatility surge

Key Takeaways

Long-term holders now hold 75% of the total circulating supply of Bitcoin
The cohort has been growing steadily over the last eighteen months
Enthusiasts hope the growth in the number of coins hoarded by long-term holders will cause a supply shortage and squeeze the price upward in the long-term

The last eighteen months have been challenging for Bitcoin investors. While the asset has bounced back strongly thus far in 2023, it remains over 60% off its all-time high set in November 2021.

The scale of the damage in 2022 can be seen when glancing at a price chart, portraying the extent of the fall.

The asset careened downwards as the Federal Reserve transitioned to a tight monetary policy approach in response to spiralling inflation. From years of low interest rates, hikes came thick and fast as policymakers scrambled to get a lid on an overheating economy.

With Bitcoin residing so far out on the risk curve, capital fled the asset amid the great tightening of global liquidity. However, while price charts don’t make pretty reading, there has been one notable bright spot when looking at on-chain data.

That is the proportion of long-term holders, which has shown impressive growth throughout the turbulence. As the next chart from Glassnode shows, the cohort has grown since the start of 2022 aside from three periods (with one of those extremely short).

(As a note, Glassnode defines long and short-term holders via a logistic function centered at an age of 155 days and a transition width of 10 days).

The first period was between May and August 2022, when the crypto world was thrown into disarray. Already fighting a glum macro picture with newly-rising rates and rampant inflation, digital assets got hammered further with the startling death spiral of the UST stablecoin, leading to the collapse of all things Terra. This in turn sparked contagion across the sector, the summer filled with bankruptcies.

The second period which saw long-term holders waver was very brief, following the FTX collapse last November. The third was then March of this year, which saw apparent profit-taking as Bitcoin increased off the back of more dovish forecasts around the future path of interest rate rises following the regional bank crisis.

This has led to a position today whereby 14.6 million Bitcoin are held by long-term holders, equivalent to 75% of the total circulating supply.

The portion of the supply claimed by long-term holders is interesting to track as it is an oft-referenced point by Bitcoin enthusiasts when forecasting the long-term price of the asset. With the overall supply capped at 21 million coins and the rate of increase in supply halving every fours years, they argue that a supply-side squeeze will push the price of Bitcoin up. As long-term holders hoard greater amounts of the supply, there will only be less Bitcoin to go around.

Obviously, the demand side of the equation needs to hold up its end of the bargain for this to be true. But amid an extremely challenging eighteen months for Bitcoin, the apparent resilience of long-term holders is certainly a silver lining, and may become more and more relevant as time goes on.

The post Long-term holders weather brief volatility surge appeared first on CoinJournal.

22. August 2023

Shiba Inu plans Shibarium’s public reopening after flawed launch

Key takeaways

The Shiba Inu team is working on reopening its Shibarium blockchain to the public in a few days.
This comes after the team botched the blockchain’s launch last week

Shiba Inu’s Shibarium to reopen soon

Shiba Inu developers are currently working to reopen the Shibarium network to the general public. This is according to the project’s key developer, who goes by Shytoshi Kusama, earlier today.

In the blog post, Kusama said the developers are monitoring validator data and transactions days after the Shibarium launch was marred by a faulty bridge and transaction issues.

Kusama added that Shibarium was almost ready to reopen to the public, and the team has put in place mechanisms to prevent an outage similar to what was experienced last week. Kusama said;

“After two days of testing and tweaking parameters to achieve a “ready” state, Shibarium is now enhanced and optimized. As mentioned, it is still in testing but producing blocks. Moreover, we have enabled a new monitoring system and additional fail-safes, including rate limiting at the RPC level and auto server reset in case we get a huge level of traffic again.”

Shiba Inu’s Shibarium is an Ethereum layer-2 network that utilises SHIB tokens are fees. The launch of Shibarium is set to strengthen Shiba Inu’s position as one of the leading blockchain projects in the world.

Shibarium to focus on metaverse and gaming applications

The Shibarium blockchain is expected to focus heavily on metaverse and gaming applications while also making it cheaper for DeFi platforms to be built atop it.

Prior to last week’s launch, Shibarium underwent a testing phase that was very successful. Millions of wallets participated in the testnet and carried out over 2 million transactions over a four-month period.

However, last week’s launch was flawed due to bridging issues. Transactions on the network were stalled for hours after the blockchain went live, with millions of dollars stuck on a bridge.

SHIB, the native token of Shiba Inu, has lost more than 20% of its value over the past seven days. At press time, the price of Shiba Inu stands at $0.00000798.

At the time, developers said there were no bridge issues, and the delays were caused due to an unprecedented mass influx of transactions from users.

The developers claimed that servers failed due to the massive number of transactions on the network.

The post Shiba Inu plans Shibarium’s public reopening after flawed launch appeared first on CoinJournal.

22. August 2023

Filecoin price prediction: is it safe to buy the FIL dip?

Filecoin price remained under intense pressure this week.
The coin has plunged to the lowest level since June 10th.
The developers introduced slasher and lotus disputer.

Filecoin price remained under intense pressure following last week’s crash. The token was trading at $3.37 on Tuesday, lower than last month’s high of $4.93. Its market cap has slipped to more than $1.5 billion.

Latest Filecoin news

Filecoin, the giant blockchain network for the storage industry, introduced two important features on Monday. In a statement, they launched Lotus Slasher, a feature that will improve network security and integrity.

Lotus slasher look for consensus faults where block producers engage in malicious activities. When the network detects these activities, it will fine the producer by reducing the offender and rewarding the reporter.

The other product was Lotus Disputer, where disputers will be able to challenge and verify proof of storage and slash providers who submitted invalid WindowPosts in the network.

The goal of these products is to strengthen the ecosystem by aligning incentives and allowing the community to self-police.

For starters, Filecoin is a leading project that is in the storage and cloud computing industry. The network makes it possible for users to provide storage to other people and companies in a decentralized way.

Filecoin has also introduced new features that help them do computing. These features aim to position it as the best alternative to Amazon’s AWS and Microsoft Azure. Also, Filecoin launched FVM, a platform that makes it possible for developers to launch dApps in its ecosystem.

Filecoin price prediction

The daily chart shows that the FIL price has been in a bearish trend after peaking at $9.49 earlier this year. The decline gained steam after last week’s crypto crash, which pushed it to the lowest level since June 10th. Filecoin has dropped below the descending trendline shown in black.

It has also moved below the 50-day moving average while the Relative Strength Index (RSI) and the MACD have drifted downwards. Therefore, the coin will likely have a bearish breakout, as sellers target the key support at $2.80, the lowest level on June 10th.

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