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September 3, 2021
Comments Off on MetaMask Jubilates 10M MAU’s (Monthly Active Users)
MetaMask, a virtual coin wallet revealed its mark of at least 10M active clients. According to the company, this is nineteen times the growth experienced in July last year. The monthly active users (MAU) rose up to 1.8k percent in one year.
MetaMask Strikes At least 10M Users
It’s with no doubt that MetaMask is gaining prominence in this season. MetaMask is a prominent 
Ether blockchain. It has compatibility with technology frameworks such as the Polygon, and many more. It’s a platform that gives clients an opportunity to explore blockchain apps within a short time. With over ten million users now, MetaMask recently revealed its active user count. They said that its site had accommodated over 500,000 monthly active users by July last year. By April this year, the platform had surpassed the 3 M mark of monthly active users. Today, at least 10.3 million users are on board causing a 1,800 % increase since July last year.
Ether blockchain. It has compatibility with technology frameworks such as the Polygon, and many more. It’s a platform that gives clients an opportunity to explore blockchain apps within a short time. With over ten million users now, MetaMask recently revealed its active user count. They said that its site had accommodated over 500,000 monthly active users by July last year. By April this year, the platform had surpassed the 3 M mark of monthly active users. Today, at least 10.3 million users are on board causing a 1,800 % increase since July last year.The Key Drivers to MetaMask Growth
In their description, MetaMask stakeholders gave some critical drivers towards the application growth. The platform is highly considered as the ‘major way’ for international Defi users. They use it to mingle with around 17,000 special domains. Furthermore, the site is a gateway to an increasing framework of NFT’s. These are digital assets that have impacted the globe in a great way.
Another factor influencing the high number of active users is the token swap aspect. Additionally, the mobile application also offered a trigger to the blockchain wallet. This addition happened in September last year. In their statement, the platform revealed the importance of their mobile app. They said their mobile version contributed to enrolling new users in their network. In fact, these users originate from distinct regions like China, Indonesia, and Brazil.
Top 15 MetaMask Countries
Last 
month, MetaMask had a tangible record of influence in fifteen countries. Some of these nations include the USA, UK, Russia, Thailand, France, and Spain. The platform couldn’t hide its joy because of such tremendous growth globally. For more user experience, the platform is set to partner with Decentraland. This partnership is going to occur this month for extended celebrations. Decentraland is another crypto-related platform. It also helps users create, explore and invest virtually. Clients use it to trade land and real estate in their decentralized marketplace.
month, MetaMask had a tangible record of influence in fifteen countries. Some of these nations include the USA, UK, Russia, Thailand, France, and Spain. The platform couldn’t hide its joy because of such tremendous growth globally. For more user experience, the platform is set to partner with Decentraland. This partnership is going to occur this month for extended celebrations. Decentraland is another crypto-related platform. It also helps users create, explore and invest virtually. Clients use it to trade land and real estate in their decentralized marketplace.MetaMask New Definition of Virtual Wallet
MetaMask released a definition of a brand-new type of virtual currency wallet. This innovation allows active users to mingle with digital currencies and decentralized software. The platform is however causing these types of apps to be more secure and flexible. The co-founder of MetaMask said they provide methods of introducing trust among people.
MetaMask continues to provide an important asset for blockchain newbies. It is also used by NFT investors, crypto gamers, and developers. More users are sliding towards the internet for downloads. The count has already reached millions. The community revolving around the platform continues to empower the site. They are regularly accompanied by many contributions from their resources.
September 1, 2021
Comments Off on Pump-and-dump ‘manipulation’ affects cryptocurrency markets
The pump and dump games have lured the attention of digital enthusiasts. They even attract financial regulation teams altogether. At the same time, the digital currency space is becoming a healthy ground. But this is also very special for criminal business.
Anatomy in Crypto Transactions
Cryptocurrency comprises hacking activities as well as “get rich quick” schemes. There 
are many rampant and more activated over some period of time now. The pump and dump players in the crypto space may be organizers. They can also be participants or even exchange platforms. We have distinct people-organized teams responsible for pump-and-dump programs coordination. These groups and individuals later become the main beneficiaries of the entire scheme.
are many rampant and more activated over some period of time now. The pump and dump players in the crypto space may be organizers. They can also be participants or even exchange platforms. We have distinct people-organized teams responsible for pump-and-dump programs coordination. These groups and individuals later become the main beneficiaries of the entire scheme.Participants in the digital currency world have also plagued the crypto markets. These are investors who purchase given coins. This act is after getting instructions from the pump and dump organizers. They get the information on the type of coin to purchase. This, therefore, results in fixing the price of digital currency for pumping. Most people end up purchasing virtual coins with inflation aspect. They also end up becoming victims of the pump-and-dump ‘manipulation’.
Exchange platforms may be triggers of a crypto market ailment. In most cases, pump groups select a target platform for pump-and-dump business. Other times, you may note that some exchanges have a link to pump and dump activities. One of the reasons why most crypto groups opt for this is because of high transaction charges. An exchange can earn high transaction fees for an increase in trade volumes. These volumes are in most cases triggered by the pump-and-dump schemes.
Attraction to Scams
These pump-and-dump activities can birth a 65% increase in the crypto world in a couple of minutes. All they need is 7 minutes for a given coin to touch its peak level. This is with a trading volume of nearly thirteen 
times the normal day volumes. Most investors get lured to crypto scams bearing in mind that most of them are at a zero-sum level. Here, wealth redistribution normally occurs between the organized teams and manipulators. Activities like gambling normally peak especially when anxiety and loneliness strikes. This is the reason behind such gaming activities becoming prominent today.
times the normal day volumes. Most investors get lured to crypto scams bearing in mind that most of them are at a zero-sum level. Here, wealth redistribution normally occurs between the organized teams and manipulators. Activities like gambling normally peak especially when anxiety and loneliness strikes. This is the reason behind such gaming activities becoming prominent today.These are patterns or manipulations unlike what is usually noticed with traditional marketplaces. There are no tricks, manipulation itself has come out clearly in the limelight. Manipulators can purchase up to 24 million dollars worth of digital currency. This is for pump and dump schemes. As a result, there is a collection of profits with an estimation of 6 million dollars, from each pump. Volume differences get reconciled especially before and after a pump signal.
The Bottom Line
Recently, we noticed many actors in the pump and dump activities. They are facing weighty criminal offenses and penalties. This explosion in the realms put financial regulators in a stiff environment. Some are under the hot seat for failing to take crypto matters seriously.
August 31, 2021
Comments Off on Bug Impacting Ether Network Leads to Fork
Bugs ailing the older version of the Ether network. It even caused several computers to split from the major network. As revealed in a report from Ether foundation, it’s said that consensus bugs struck Ether some hours ago.
The Older Version
This exploited the consensus bugs rectified in Geth version 1.10.8. According to Martin Sweden, a security agent from Ether foundation. Many people are already notified. In addition to his 
comments, Martin said that this impact is a close shave. The close shave is really affecting at least fifty percent of Ether consumers. The mentioned bug affected version 1.10.1 as well as the previous models of Geth users.
comments, Martin said that this impact is a close shave. The close shave is really affecting at least fifty percent of Ether consumers. The mentioned bug affected version 1.10.1 as well as the previous models of Geth users.Another expert, Marius Wijden, also gave his own report. He stated on the Twitter platform that someone may have discovered the bug. He also said that there was a rectification in the previous version. He added that the person went ahead to exploit the bug rectified in @go_ethereum. Therefore, causing a network hitch. So, clients already using version 1.10.7 needs to perform an update of their versions. This update is mandatory in order to mitigate future harm.
The Big Concern
According to a press release, there was an audit to unearth the origin of the bug. Later on, they discovered a bug hidden in Telos- Ethereum Virtual Machine (EVM). The machine was present in the blockchain. 
According to auditors, the bug was an extreme matter that needed swift action. Specialists got a notification of this plight and by August 24th. A unique patch helped to rectify the problem. After announcing this, the team said that there will be an attack vector provided. The attack will offer users enough time to carry out an update on their computers. These were in relation to the node applications.
According to auditors, the bug was an extreme matter that needed swift action. Specialists got a notification of this plight and by August 24th. A unique patch helped to rectify the problem. After announcing this, the team said that there will be an attack vector provided. The attack will offer users enough time to carry out an update on their computers. These were in relation to the node applications.At least 70 % of Geth clients are using the previous version that seems to have issues. This means nearly 54% of Ether computers are using the main system bug. The major concern remains that clients may be risking Cyber-attacks. Especially where there is a use of digital currency and transactions are overwritten. Research from Block Research has discovered the main address that used the bug. A consumer financed the address using Tornado cash. This bug has the capacity to affect several chains like the BSC (Binance Smart Chain).
The Fork Impacts
Yes, a segment of computers has separated from the main network. Still, it does not seem to have a big impact yet but in the near future, this may be a different story altogether. It seems that most people in the mining field are now using the ‘new’ version of Ether. This means that hashing rate supports the longest chains. Computers already using the old version of Geth don’t have the capacity to gain access to the major network. Swift action helped to mitigate the possible effects making the network stable.
August 28, 2021
Comments Off on What is an IEO (Initial Exchange Offering)?
You may have come across the term IEO that’s well known in the crypto space. But wait, did you get its meaning? Were you able to understand the whole IEO concept? Let’s help you know IEO from A to Z and thank us later.
Initial Exchange Offerings is popularly known by its abbreviation, IEO. It is popular in raising funds 
via an investment site which is simply a fund drive event. Here digital currency newbies come together to contribute money. This is slightly different from the ICO. Here the firms try to earn from interests from their projects posted on their websites. In the year 2017, the Chinese government hunted down the Initial Coin Offerings. It even caused a lot of scrambles in the crypto space. Crypto businesses had to find other ways of sustaining their new business projects.
via an investment site which is simply a fund drive event. Here digital currency newbies come together to contribute money. This is slightly different from the ICO. Here the firms try to earn from interests from their projects posted on their websites. In the year 2017, the Chinese government hunted down the Initial Coin Offerings. It even caused a lot of scrambles in the crypto space. Crypto businesses had to find other ways of sustaining their new business projects.The Rising Popularity
The Initial Exchange Offerings typically take place on virtual exchanges. The courtesy for this is to firms introducing brand new tokens. Newbies have to commit themselves to pay up fee charges. Plus, several proportions of sold tokens. This happens to raise funds on a given exchange platform. Tokens are later put on the listing on the exchange platform. After completing the Initial Exchange Offering. This dramatically helps to empower and display the firm’s profile. Moreover, this is critical in front of prospective investors. But, ICO’s contributions are usually transferred to smart contracts. This includes the likes of BSC (Binance Smart Contract). Everyone who takes part sends the contribution via the site that houses the IEO. The IEO has proved to become popular among many digital currency exchange platforms.
Binance Launchpad and IEO
The Binance Launchpad isn’t new when it comes to Initial Exchange Offerings. Among other platforms, it has 
managed to stand out significantly. So, despite the stiff competition in the crypto space, it continues to grow. One of the hugest reasons for its existence is the felt integrity and trust. Token sales carried out by exchanges have possibilities of criminal activities taking place. But with IEO, illegal activities, as well as other related scams, become minimal. This is in comparison to Initial Coin Offerings, which may not be the case. Firms with a high level of reputation can perform their due diligence. Moreover, this becomes evident for projects offered to clients.
managed to stand out significantly. So, despite the stiff competition in the crypto space, it continues to grow. One of the hugest reasons for its existence is the felt integrity and trust. Token sales carried out by exchanges have possibilities of criminal activities taking place. But with IEO, illegal activities, as well as other related scams, become minimal. This is in comparison to Initial Coin Offerings, which may not be the case. Firms with a high level of reputation can perform their due diligence. Moreover, this becomes evident for projects offered to clients.Maximized Security and Visibility
The KYC and the AML (Anti Money Laundering) are some of the fundamental mechanisms. These are in place by exchange platforms to regulate. The KYC looks into verifying the identities of individuals who connect to the platform. However, this is not a likely situation for token issuers. Instead, such firms tend to acquire help, especially when doing business marketing. At some point, the Initial Exchange Offerings have gained credibility. When compared to the Initial Coin Offerings, it is. The IEO involves higher costs for newbies in return for security and max visibility.