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How To Use Phantom Wallet

Table of Contents What is a Phantom Wallet?  Phantom Wallet is a Solana-based cryptocurrency wallet that enables users to utilize decentralized applications (dapps) and organize digital assets on the Solana blockchain. It creates private keys to secure users’ funds, assets and execute digital transactions.  The wallet is specifically built to help Solana users send, receive, store, swap, and stake tokens on a blockchain. It is non-custodial, has a built-in DEX, and supports the Ledger hardware wallet and Web3 applications.  How To Create Your Phantom Wallet 1. Visit Phantom Wallet’s official

COMP’s incentive crisis and what lies ahead for alt’s price

The DeFi space has accelerated at a pretty good pace of late, despite some setbacks in the first half of the year. In 2021 alone, the ecosystem reported a growth rate of over 20x. A lot of upcoming protocols like Abracadabra have made star entries recently too. Even so, platforms like Maker, Aave, and Compound are ruling the roost, still maintaining their spot in the top five in terms of total value locked.  Maker and Aave have had their fair share of price pumps over the last couple of months. However,

Israel Beefing Up Crypto and Money Laundering Regulations

Israel’s Authority for Combating Terror Financing and Money Laundering has announced a tightening of regulations applying to the crypto and Fintech sectors.Sponsored Sponsored Israel is upping the ante in its fight against cryptocurrency crime. The Authority for Combating Terror Financing and Money Laundering announced via the authority director that new regulations have come into effect to combat criminal activity and normalize the use of cryptocurrency and other FinTech products. According to authority director Shlomit Wegman, the application of these regulations will help to establish order and clear standards.  The regulations

Compound liquidity miners possess less than 20% COMP tokens

According to a new study, one of the industry’s largest DeFi protocols is experiencing a motivational crisis.  Alex Kroeger, an Ethereum researcher, discovered in his paper that the majority of Compound’s liquidity miners have little to no financial interest in the protocol and do not engage in its governance. The analysis looked at the top 100 accounts by accrued COMP from liquidity mining in order to show that Compound’s liquidity mining needs to be fixed. The miners at compound aren’t holders Compound was one of the first protocols to implement

U.S. Treasury Department & Israel Form Joint Venture to Combat Cyber Crime

The U.S. and Israel join forces to combat the growing threat of ransomware attacks that often leave fiscal destruction in their wake for the affected victims.Sponsored Sponsored The U.S. Treasury Department is joining forces with Israel to combat the threat of ransomware. The U.S. Deputy Treasury Secretary met with two Israeli officials, the Minister of Finance and the National Cyber Directorate Director-General, to formalize the joint venture launch. The venture seeks to oversee “the development of risk mitigation tools for law enforcement to enhance the efficiency of analytical and enforcement

First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops

Good morning, Here’s what’s happening this morning: Market Moves: Bitcoin’s highly anticipated Taproot upgrade fails to produce any noticeable price pop. Technician’s take: Short-term upside appears to be limited given the loss of positive momentum. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $64,514 +0.4% Ether (ETH): $4,562 -1.7% Market moves Bitcoin was trading flat after Taproot, the blockchain’s biggest network upgrade in four years, went live. The upgrade, which took effect at 5:15 coordinated universal time (1:15 a.m.

‘Properties like Ethereum, Algorand are gonna go up’ because…

The market **is** choosing — Bitcoin and other cryptocurrencies — over paper money, with which governments are conducting a very dangerous experiment. Although, here’s another common scenario. Buying Bitcoin is better than putting their money into traditional assets like stocks, bonds and gold. This renowned hedge fund manager recently discussed the same in a CNBC interview – although incorporated a different scenario to this discussion. Anthony Scaramucci, a former White House Communications Director expects Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO) to serve gold’s role as the superior inflationary hedge.

Another Leading DEX Is Choosing the Order Book Mechanism

As the DeFi segment with the clearest application scenarios and the strongest demand, decentralized exchange (DEX) has always been attracting the most attention.Sponsored Sponsored It also embodies the greatest competitiveness as well as the strongest capital effect. Since its low and stable performance in the middle of last year, DEX’s total trading volume has grown rapidly, and the monthly figure peaked at $162.8 billion in May. Sponsored Sponsored Although it is still lagging behind the centralized exchange (CEX), its market size of hundreds of billions of dollars obviously can not

Cryptocurrency News Roundup: Matt Damon Crypto Ad, WWE NFTs, BTC Birthday, Squid Game Crypto Scam

Whether it’s blockchain, cryptocurrencies, or NFTs, we ensure you always know what’s happening in the crypto space. Our mission is to highlight all the most talked-about cryptocurrency news every week, ensuring you don’t miss out on any important information. From companies taking over the NFT space, to bitcoin adoption, and your favorite exchanges making headlines. Everything you need to know about blockchain can be found on Bitcoin Chaser. Let’s take a look at all the cryptocurrency news over the last week, recapped and compiled in an easy-to-digest format, listed below:

CBDC Likely, But Not With Blockchain Says Former Boston Fed President

Eric Rosengren, former President of the Federal Reserve Bank of Boston made a public statement making the concept of a central bank digital currency (CBDC) for the USA a little more clear. However, be believes that blockchain will not be involved.Sponsored Sponsored In Rosengren’s comments on the potential of a US CBDC, he suggests that it will exist in the future. He also said because it would require an agreement between the White House, Congress, and the Fed, that it could take a long time. Interestingly, Rosengren clarifies that a

White hat hacker paid DeFi’s largest reported bounty fee

Belt Finance, an automated market maker (AMM) protocol operating a yield optimization strategy on Binance Smart Chain (BSC), claims to have paid the largest bounty in the history of decentralized finance (DeFi) to a whitehat hacker who averted a $10 million bug crisis. Industry whitehat programmer Alexander Schlindwein discovered the vulnerability in Belt Finance’s protocol this week and reported the news to the team. For his efforts, Schlindwein received a generous compensation of $1.05 million, the majority of which ($1 million) was granted by Immunefi, with the additional $50,000 offered by