Major

Privacy Protocol Monero Is Getting a Major Upgrade

Monero, the popular privacy-focused cryptocurrency protocol, is preparing for a major network upgrade this weekend (targeted for Saturday, August 13). Monero, whose native token is monero (XMR), is an open-source project that launched in 2014 as “Bitmonero.” It claims XMR is a secure, private and untraceable cryptocurrency that keeps financial transactions confidential. Source link

Coinbase Rallies Ahead of Q2 Results, but Major Questions Remain

“​​It misses the significant diversity within retail, underestimating the power of simplicity,” said Brendler in a note to clients. “Despite below-consensus expectations for Q2 and beyond, we’re sticking with Coinbase as we believe the 2022 ‘crypto winter’ will ultimately work to its advantage.” He has a buy rating and $90 price target on the stock. …

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Major hacks in play-to-earn crypto games a ‘matter of time’ — Report

“Unsatisfactory” cybersecurity measures among play-to-earn (P2E) crypto games pose a great risk to GameFi projects and their gamers alike, warns blockchain cybersecurity auditor Hacken. In an Aug. 1 report shared with Cointelegraph, Hacken said that data indicates that Gaming Finance (GameFi) projects, the category which P2E games would fall under, often “put profits above security” …

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Gucci becomes first major brand to accept ApeCoin payments

Italian high-end fashion giant Gucci has become the first major brand to accept payments in the Bored Ape Yacht Club affiliated ApeCoin (APE). The move was announced on August 1 and could provide the ApeCoin project with significant mainstream exposure along with bringing further utility to the cryptocurrency. Gucci customers in the United States (U.S.) …

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