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Lexon now features a compiler that allows users to translate code from it to Solidity, Sophia or JavaScript. Smart contract computer language Lexon (LEX) launched a compiler on Aug. 3, allowing developers to write contracts in Lexon and have them be converted into Solidity, Sophia or JavaScript, according to statements made to Cointelegraph by Lexon founder Henning Diedrich. The compiler runs on the Aeternity (AE) blockchain network and charges LEX tokens as payment for each compilation cycle. Dubbed “the computer language anyone can read,” Lexon is a computer language intended to seem like an ordinary written or spoken language. Specifically, the current version is developed to look and sound like ordinary English. Lexon (left) being compiled into Solidity (right). Source: Lexon In a conversation with Cointelegraph, Diedrich claimed that the language and compiler provide three main benefits to developers and users. First, it can be used as an educational tool to teach smart contrac...

The U.S. SEC filed a lawsuit against the bankrupt crypto lender on July 13 followed by news reports about the arrest of the former CEO Alex Mashinsky. The former CEO of now-bankrupt crypto lender Celsius, Alex Mashinsky, was reportedly arrest ed on the morning of July 13. The news broke minutes after the United States Securities and Exchange Commission filed a lawsuit against the crypto lender on the same day. The former CEO was reportedly arrest ed after a probe into the company’s collapse, reported Bloomberg citing people familiar with the matter. Mashinsky was reportedly charged with fraud and intention to manipulate the market. Celsius Network filed for bankruptcy on July 14 last year. Mashinsky was recently found guilty by investigators of the Commodity Futures Trading Commission, which concluded that the former CEO broke numerous U.S. regulations before the company’s implosion in 2022. The investigation against the former CEO began after New York Attorney General sued Mashin...

Dubbed the Arkham Intel Exchange, the platform will enable the monetization of blockchain data and intelligence through a bounty mechanism that connects buyers and sellers. Arkham’s intel-to-earn economy goes live.  Arkham Intelligence, a blockchain analytics company headquartered in New York, has announced the launch of the Intel Exchange, an intel-to-earn platform the team claims will enable web3 sleuths and researchers to monetize their skills. The new Arkham Intel Exchange plans to bring buyers and sellers of valuable blockchain data related to any crypto wallet together via a bounty mechanism. “Anyone can post a bounty seeking on -chain information by locking funds to request information on crypto addresses or entities. These bounties can then be fulfilled by ‘bounty hunters’ – blockchain researchers or sleuths, who will exchange intel ligence in return for the payment.” Arkham Intelligence  You might also like: Binance likely updated bitcoin confi...

The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle. Tether (USDT) has emerged as a clear winner amid the ongoing banking crisis and crypto crackdown in the U.S. On April 17, the U.S. dollar-pegged stablecoin's circulating market valuation reached nearly $81 billion, just 1.5% below its record high of $82.29 billion from a year ago. It has grown about 20% year-to-date (YTD) already and is now eyeing new all-time highs. USDT market capitalization monthly chart. Source: TradingView Tether rivals hit new yearly lows USDT's growth came as Tether ate up the market share of its stablecoin rivals, USD Coin (USDC) and Binance USD (BUSD). That is due to crypto traders' belief that Tether's operations have no exposure to the potential banking crisis contagion. For instance, the circulating market capitalization of the USD Coin, the second-largest stablecoin, has dropped over 25% YTD to $31.82 bill...

Lawyer Jeremy Hogan believes the United States Securites and Exchange Commission has failed to legally demonstrate that XRP is a security. Ripple’s XRP (XRP) is not a security because it does not fit the definition of an “investment contract,” the “only” legislative definition that it could “possibly” fit, according to Jeremy Hogan, a partner at the law firm of Hogan & Hogan. In a series of tweets on April 9, Hogan explained that, in his opinion, XRP could only be considered a security under the definition of an "investment contract," as it doesn't fit the other definitions of a security such as stocks or bonds. Hogan argues, however, that the United States Securities and Exchange Commission has not demonstrated an implied or explicit investment contract in its suit against Ripple. The #1 reason why XRP is not a Security (a thread). First, under the legislative definition of a security, XRP can only POSSIBLY fit under the definition of an "investment contract....

Ice phishing is a type of scam that exists only in Web3 and is a “considerable threat” to the crypto community, said the firm. Blockchain Security company CertiK has reminded the crypto community to stay alert over “ice phishing ” Scams — a unique type of phishing scam targeting Web3 users — first identified by Microsoft earlier this year.  In a Dec. 20 analysis report, CertiK described ice phishing scams as an attack that tricks Web3 users into signing permissions which end up allowing a scammer to spend their tokens. This differs from traditional phishing attacks which attempt to access confidential information such as private keys or passwords, such as the fake websites set up which claimed to help FTX investors recover funds lost on the exchange. #CertiKSkynetAlert 1/ Ice phishing is a considerable threat to the Web3 community Instead of gaining accessing to your private key, scammers trick you into signing permissions to spend your assets. We’ll outline below what to look out f...

The browser also features the ability to enable HTTPS everywhere, bringing an extra layer of protection and making sure the websites people visit use proper encryption protocols. Web3 browser Opera has announced a new set of security tools intended to help its users mitigate common risks associated with malicious actors in the Web3 ecosystem. The new set of security tools called Web3 Guard is a suite of browser security features that promises to protect users against malicious decentralized applications (DApps), seed phrase phishing attacks and malicious actors. The security tool scans for known security risks associated with DApps, such as suspicious code, security vulnerability and audit history. This helps users to get a better insight into the DApp they are planning to browse and alerts them in case any of the mentioned vulnerabilities are found. The built-in security tools would also check for any seed phrase phishing attacks by scanning web pages for telltale signs of exploit, ...