White Hat Finds ‘Critical Bug’ in ETH Scaling Platform, Earns $2M Bounty

An iOS Cydia jailbreak software developer and white hat hacker has earned a $2 million bounty. Jay Freeman earned after fixing a “critical bug” in Ethereum Layer 2 scaling project Optimism. This bug would have allowed hackers to create unlimited Ether in an Optimism account balance as per their wishes. Optimism announced that the discovery of this bug was earlier this month. Subsequently, Jay Freeman, iOS developer, fixed it. This has led to him earning one of the biggest bug-finding bounty to date.

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Top 5 Apps to Buy Cryptocurrency in India

Cryptocurrency symbols etched on gold coins.

With the steady growth of the digital world grows, comes an increase in cyber-transactions. We may expect cryptocurrency to soon become a widely used and traded asset. In a burgeoning economy like India, cryptocurrency has quickly risen to become a highly traded asset. Be it Bitcoin or Ethereum, Dogecoin or Shiba Inu, the demand for convenient and secure transactions continue to rise. With the increasing popularity of cryptocurrency as an asset, comes the demand for apps that facilitate transactions. These apps are primarily aimed at making the purchase, holding and sale of cryptocurrency more accessible to people. Furthermore, these crypto apps enable users to use the cryptocurrency to execute trades. The following list elaborates of five of the best, most intuitive apps currently available in India for cryptocurrency.

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PayPal Coin Confirmed to be in the Works, Stablecoin Code in iOS App

PayPal stablecoin called PayPal Coin in works. Image of PayPall cryptocurrency transaction.

Multinational fintech company PayPal has expressed interest in “exploring” the possibility of launching its very own stablecoin, according to reports. The admission follows developer Steve Moser’s discovery of references to something called “PayPal Coin” within the PayPal iOS app. It even features PayPal’s logo. Now colloquially called “PayPal Coin”, it appears to be a stablecoin. Stablecoins are cryptocurrency the value of which can be pegged to the value of reserve assets such as gold. Stablecoins have become increasingly popular as they make for easier transfers between exchanges and crypto. As of now, PayPal’s plans to launch their own stablecoin appear to be at a very nascent stage.

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Top 5 Crypto Credit Cards for 2022

gold coins with logos of cryptocurrency

The field of cryptocurrency keeps making surprising and innovative developments. Cypto credit cards are one such innovations. These offer a very convenient and hassle-free payment experience. Moreover, they come with exciting reward systems. These have also been contributing towards making crypto mainstream. Crypto credit cards seamlessly integrate crypto into everyday life. Of the several crypto cards available. Based on utility, innovation, and incentives, it is important to select one that suits your needs best. Both MasterCard and Visa support the cards listed here. These are currently the biggest financial networks of the world.

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Elon Musk Favors Dogecoin Over Bitcoin for Transactions

Tesla CEO Elon Musk has jumped on the Dogecoin bandwagon with his recent statement in an interview with Time Magazine where he said that Dogecoin is better suited for transactions than Bitcoin. Until as late as last year, Musk had been a staunch supporter of Bitcoin, going so far as to declare it as a legitimate mode of payment for purchases at Tesla. However, he now appears to be backtracking on his previous statement. According to the Tesla chief, as each token of Bitcoin currently stores big quantities of fiat currency, it is a popular crypto coin among investors. However, Musk believes Dogecoin to be better suited for regular purchases.

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Shiba Inu (SHIB) Abruptly Jumps 8%

Following a sudden growth by 8%, Shiba Inu (SHIB) is now overtaking nearly all of the top 100 crypto coins in terms of performance, as per data collected from CoinMarketCap, a data-ranking site owned by Binance. Only a handful of crypto coins have managed to stay ahead of SHIB by securing greater gains in the last 24 hours, namely Kadena (KDA), Oasis Network (ROSE), and Quant (QNT), which managed to post double digit gains in the last 24 hours.

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Shiba Inu Listed for Trading on Cryptocurrency Exchange Site Bitstamp

Bitstamp, a global cryptocurrency exchange platform, will soon permit its users to trade Euros and USD for the meme coin Shiba Inu. This decision is especially notable as it reinforces the growing trend of Shiba Inu’s acceptance on a global scale, with Bitstamp adding to the growing list of companies that have begun to accept the dog-themed meme coin Shiba Inu, which was initially launched as a mocking imitation of Dogecoin. Bitstamp users will now be permitted to withdraw and deposit their assets in the meme coin Shiba Inu. As of now, the trading rate of SHIB is $0.00003672/token, which is owned by 1,044,066 wallets, according to data from CoinMarketCap.

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Crypto Derivatives Exchange Bybit Lists Shiba Inu for Spot Trading

Bybit, a cryptocurrency derivatives exchange based in Singapore, has now made Shiba Inu open for spot trading on its site. It had previously added the derivatives pair SHIB1000/USDT to the platform in October, which gave users up to 25 times leverage when trading the crypto coin while using the stablecoin Tether as collateral. In July, Bybit had extended its support for spot trading, starting with four crypto coins – Bitcoin, EOS, XRP, and Ethereum.

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Top 5 Apps to Buy Ethereum

Cryptocurrency seems to be all the rage these days, with coins like Bitcoin, Ethereum, Dogecoin reigning at the top. However, with unpredictable investments like crypto coins, it is essential for all stakeholders to be well versed with the prime crypto exchange platforms that facilitate the purchase and sale of these currencies.

The second largest cryptocurrency in terms of market capitalization, Ethereum (ETH) is available for transaction on nearly all crypto exchange platform. While no single digital exchange platform can objectively be crowned as the best cryptocurrency exchange site, and each user must select the site best suited to their trading needs, listed below are our picks for the top 5 apps to buy Ethereum:

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