Understanding Gas and Transaction Costs in Ethereum Smart Contracts
Regarding blockchain technology and Ethereum, “gas” and the costs associated with transactions are some of the most basic concepts users often find confusing. Gas is integral to the Ethereum network, facilitating transactions and executing smart contracts. This article will explore the world of gas and transaction costs in Ethereum smart contracts. What is a Smart […]
UK to Pursue Design of Digital Pound Amid Privacy Concerns
The UK Treasury and the Bank of England have announced that they will continue to explore the feasibility and design options for a digital pound, also known as Britcoin. The authorities have also addressed the privacy and security issues raised by the public and lawmakers. The United Kingdom has recently announced that it will actively […]
Dogecoin Blockchain Hosts Doom FPS Game via Ordinals
Dogecoin blockchain is hosting Doom, a first-person shooter (FPS) game from the 1990s after a developer recorded the game on the network to celebrate its 30th anniversary. A developer going by the alias “Mini Doge” on X, utilizing the Dogecoin Ordinals protocol, also known as “Doginals,” etched Doom onto the Dogecoin blockchain. Individuals can access […]
EU Commission Proposes Launch of AI Factories for Startups, SMEs
The European Commission has proposed the launch of AI factories and other AI-related endeavors to assist European startups and SMEs in developing artificial intelligence (AI) that adheres to the European Union (EU) regulations. According to the Commission’s blog announcement, access to dedicated AI supercomputers for European entrepreneurs will be streamlined, thereby encouraging the development of […]
Bitcoin ATM Vulnerability Could Give Hackers Total Control – IOActive CTO
According to IOActive chief technology officer (CTO) Gunter Ollman, through the vulnerabilities of Bitcoin ATMs, attackers could gain unrestricted access to steal users’ Bitcoin through the ATM. In 2023, security researchers from IOActive attempted to seize control of several ATMs issued by Lamassu. While trying to penetrate the ATMs, the research team identified several vulnerabilities […]