The Daily Unchained Web #197

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Monero Wallet Address:

42EkgN23XZoLJXrgMJjrRM7jYpmirk1WvWUWc2SDF6kZAXVzHMGy5XB8JM8Vce3iHGKh9H8ACWF9J6ErrfKCP48mL2yeWcw

Bitcoin Wallet Address: bc1q4283c60tv2p7exfeu2ql7dk2n7utswgl43n2fk

ETH Address: 0xD16429e3F253f50CfF306B2bE8966ce935332116

Additionally, if you are learning Solidity programming, do not hesitate to check out and order my upcoming book Beginning Solidity: Learn to Program Smart Contracts with Solidity on Amazon to have a helpful companion in your Solidity learning journey.

Ledger co-founder released after days in captivity in France: Report

David Balland, co-founder of Ledger, was kidnapped from his home in central France on Jan. 21, with his captors demanding a cryptocurrency ransom. After a police operation on Jan. 22, Balland was freed and is now receiving medical attention. The incident highlights ongoing security risks in the crypto space, as ransomware groups extorted over $1.1 billion in cryptocurrency in 2023. For more, click here.

Cardano Foundation research shows ‘fundamental shift’ in blockchain use

The Cardano Foundation's research on 582 projects reveals 54.6% focus on authenticity, 30% on traceability, and 15.4% on sustainability. These verticals demonstrate Cardano’s potential to address real-world challenges like supply chain transparency and regulatory compliance. The research highlights Cardano's global scalability, with 70% of projects targeting international markets. For more, click here.

Senator Lummis chosen to chair Senate Subcommittee on Digital Assets

Wyoming Senator Cynthia Lummis has been appointed chair of the Senate Subcommittee on Digital Assets, focusing on comprehensive legislation and federal oversight. Key goals include stablecoin regulations, a market structure bill, and a Bitcoin strategic reserve. Lummis stated that embracing digital assets is crucial for maintaining the US's leadership in financial innovation. For more, click here.

New era in mining: How tokenization can transform the salt industry

Chile’s CONSA is pioneering tokenization in the salt industry, allowing investors to buy fractional shares of its mining operations via blockchain. The company plans to increase production to 100,000 tons/month by 2029, leveraging tokenized investments to scale operations sustainably. This model democratizes access to high-value assets and positions CONSA as a market leader. For more, click here.

Real estate firm Fathom can now add Bitcoin to its balance sheet

Real estate firm Fathom Holdings plans to allocate up to 50% of its excess cash reserves to Bitcoin, starting with a $500,000 purchase. CEO Joanne Zach cited Bitcoin's role as a hedge against inflation and economic risks. Fathom joins over 70 public companies holding $64 billion in BTC collectively, reflecting growing institutional adoption. For more, click here.

What ERC-7779 means for Ethereum’s future

The new ERC-7779 token standard introduces enhanced wallet transitions, secure storage management, and transaction batching. Experts say it simplifies wallet migrations and addresses challenges in Ethereum’s evolving account systems. The initiative aims to make advanced smart account features more accessible, signaling a pivotal moment for Ethereum’s ecosystem. For more, click here.

Transak, Uranium.io partnership lets users buy tokenized uranium with crypto

Web3 payment provider Transak partnered with Uranium.io to allow crypto purchases of tokenized uranium, lowering entry barriers to $10. This move democratizes access to the uranium market, which traditionally required a $4.2M investment minimum. Hosted on the Tezos blockchain, the platform aligns with the broader trend of real-world asset tokenization. For more, click here.

Kansas Proposes 10% Retirement Fund Allocation to Bitcoin ETFs

Kansas Senator Craig Bowser introduced a bill to allocate up to 10% of public employee retirement funds to Bitcoin ETFs. The proposal reflects increasing interest in incorporating digital assets into traditional financial systems but faces a lengthy legislative process before becoming law. For more, click here.

Crypto Exchange Phemex Investigates $29M Hot Wallet Hack

Singapore-based exchange Phemex reported a $29M theft from its hot wallet. The stolen funds were converted to ETH, but the exchange assured users that its cold wallets remain secure. Investigations are ongoing as Phemex works to address the breach. For more, click here.

Ethereum Layer-2 Protocols Achieve Record Transaction Throughput

Layer-2 protocols on Ethereum have reached an all-time high of 29.64 million gas units per second in transaction throughput. BASE leads the surge, processing 67% of the total. This milestone underscores the growing demand for scaling solutions but raises concerns over potential capacity depletion. For more, click here.

Back From the Dead? John McAfee's Twitter Used to Promote Solana AI Token

The late John McAfee's Twitter account promoted an AI-driven Solana token, AIntivirus, sparking debates over the legitimacy of the project. McAfee’s widow defended the initiative as a tribute, but skeptics labeled it a "grift coin." The project has raised questions about exploiting McAfee’s legacy for crypto ventures. For more, click here.

'Not Just Hype': How the Azuki-Linked Animecoin Drop Aims to Fuel Collaborative Anime

The Animecoin Foundation introduced the ANIME token to foster fan collaboration and monetization in anime creation. Linked to the Azuki NFT project, the initiative aims to integrate blockchain into anime culture through Animechain and Anime.com. The Foundation envisions empowering fans to co-create content, expanding the anime IP ecosystem. For more, click here.

TORN Surges Over 150% After US Appeals Court Lifted Tornado Cash Sanctions

TORN, the native token of Tornado Cash, rose over 150% following a US appeals court's decision to lift OFAC sanctions. The ruling deemed Tornado Cash's smart contracts non-"property," signaling a potential shift in regulatory approaches to crypto privacy tools. The case highlights ongoing tensions in crypto regulation. For more, click here.

Uniswap Plans to Release its V4 This Week

Uniswap plans to launch its V4, introducing features like hooks, singleton, flash accounting, and native ETH support to enhance DEX flexibility and reduce transaction costs. Despite the upgrade announcement, UNI token prices dropped 5%, while competitors gained traction. For more, click here.

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