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Central, Singapore, April 6th, 2023, ChainwireHeartX, a Web3.0 art trading marketplace and community platform, is set to change the game for the art market. The team just announced their pre-launch Vote-to-Earn Game is live now. This new experience allows users to earn tokens ($HNX) through voting on artwork pieces by swiping right or left as Like and Next, giving them a chance to engage with the core feature of the platform in advance and get rewarded for showing their preferences on the arts.The immersive Vote-to-Earn game is a clear demonstration of the platform's user-centric design, letting people experience the X-to-Earn model in an easier way. By leveraging blockchain technology, HeartX is creating a platform that is more user-friendly, transparent, and entertaining than anything that has come before. Through the Vote-to-Earn system, HeartX is committed to redefining the value of arts by the community consensus with the heart.“We're all excited about it! All users can earn tokens by ‘swiping’ to vote," said HeartX founder Anson. "We believe that it's important to make it more engaging for people and reward them for being part of our community. And through the forming of the community consensus, we would establish a new valuation standard for the artwork pieces."It is simple to play the game: users can earn tokens by voting on the daily artwork pieces on the event website, no log-in or registration is needed, users can just swipe/click right for like, or left to show the next one. The rewarding tokens $HNX can be used in various scenarios once the marketplace is launched, including investing in your preferred artwork pieces to boost them, and accessing premium features.The HeartX team also announced that during the "Vote-to-Earn" campaign, users who have accumulated more voting works that reached a consensus on community aesthetic views would have the opportunity to participate in the beta testing experience when the HeartX App is launched.Gathering influencers in not only Web3 but also the digital art space, the Vote-to-Earn game is just one example of the many innovative features that the HeartX team has planned for its users. HeartX's vision for the future of digital art goes beyond being an online marketplace. The team is working to create a marketplace that leverages the power of blockchain technology and provides a binding community for its users. Another current update is that the HeartX token “$HNX” is now available on Uniswap, and it can also be acquired from other decentralized exchanges in a short time. According to the HeartX team, the project is moving forward, and the team believes that more people will join and form a large community, eager to be part of the next big thing in Web3.0.The Vote-to-Earn game is now live, and the team invites users to participate in the voting activities and join the community. The team is confident that this new experience will bring brand new joy and will help to drive engagement and participation in the Web3.0 art community they are building. Users can now join the game, show their taste and support, and earn tokens at https://heartx.art/event/index.html#/.Follow HeartX on Discord | Twitter | WebsiteContactTeam [email protected]

The development team behind Parity’s Ethereum software has released new information on the critical code fault that caused $160m worth of Ether to be frozen. At the present time, there is no immediate solution to allow those affected to regain access to their funds. The Parity team has acknowledged that the situation has caused distress and anxiety for the wider community, and especially those involved and that they are working on a solution to the problem. The post [https://paritytech.io/blog/security-is-a-process-a-postmortem-on-the-parity-multi-sig-library-self-destruct.html] has stated that there is currently no set timeline for the release of the frozen Ether. The current consensus is that a platform-wide upgrade may be required to restore total functionality to the 500 wallets that have been affected. The frozen funds were caused by a hack that saw the code library that supports some wallets on Parity to be “accidentally” deleted. The wallets affected are multi-signature wallets; those that require the use of multiple keys in order to issue transactions. The post from the development team working on the problem states that the issue was caused by an oversight in the coding of the wallets. While the risk was noted on Github back in August, the Parity team misinterpreted it and so took no further action. When it comes to trying to find a solution, Parity has said they are working on improvements to the Ethereum protocols that will hopefully offer a way to restore access to the affected funds. Following the attack, the wider community has been discussing whether or not updating the code would, in essence, be a “bail-out” similar to the DAO controversy. When it comes to getting the locked funds released, Parity has stated that they intend to work closely with the Ethereum Foundation and wider community to develop further protocols and bug fixes.

The development team behind Parity’s Ethereum software has released new information on the critical code fault that caused $160m worth of Ether to be frozen. At the present time, there is no immediate solution to allow those affected to regain access to their funds. The Parity team has acknowledged that the situation has caused distress and anxiety for the wider community, and especially those involved and that they are working on a solution to the problem. The post [https://paritytech.io/blog/security-is-a-process-a-postmortem-on-the-parity-multi-sig-library-self-destruct.html] has stated that there is currently no set timeline for the release of the frozen Ether. The current consensus is that a platform-wide upgrade may be required to restore total functionality to the 500 wallets that have been affected. The frozen funds were caused by a hack that saw the code library that supports some wallets on Parity to be “accidentally” deleted. The wallets affected are multi-signature wallets; those that require the use of multiple keys in order to issue transactions. The post from the development team working on the problem states that the issue was caused by an oversight in the coding of the wallets. While the risk was noted on Github back in August, the Parity team misinterpreted it and so took no further action. When it comes to trying to find a solution, Parity has said they are working on improvements to the Ethereum protocols that will hopefully offer a way to restore access to the affected funds. Following the attack, the wider community has been discussing whether or not updating the code would, in essence, be a “bail-out” similar to the DAO controversy. When it comes to getting the locked funds released, Parity has stated that they intend to work closely with the Ethereum Foundation and wider community to develop further protocols and bug fixes.

Bitcoin’s recent record highs risk increased environmental damage, according to new research. With the cryptocurrency reaching a record high of $6,600 in recent weeks, the sector is an increasingly tempting proposition for those inclined to invest in the outlay for a mining operation. However, this is not the best news for those counting Bitcoin’s carbon footprint. Recent research has highlighted the high cumulative energy cost produced by mining, with Digiconomist highlighting an industry-wide total outlay of 24.5Twh of energy. To foster an idea of scale, Nigeria is listed as the country of closest comparison for energy consumption [https://digiconomist.net/bitcoin-energy-consumption], with such excess leading companies like Intel to search for a more efficient and sustainable blockchain alternative. Bitcoin’s current commitment to the hashing process has been seen by many as the key contributor to the scale of this value, with the repeatedly checking and re-checking of character strings causing a staggering cost when viewed on a grand scale. Despite this, the current process for coin mining has been proven to be safe, reliable, and time-tested. While hashing is undeniably wasteful, an annual return of $5.5bn against a $1.2bn energy cost for miners makes it extremely unlikely that operations will scale back in the near future. And, with a randomly sampled mine being responsible for the creation of an estimated 8,000 to 13,000kg of CO2 emissions per mined Bitcoin, [https://digiconomist.net/deep-dive-real-world-bitcoin-mine ] these are numbers that are simply going to continue to stack up. So, with cryptocurrencies proving such a popular investment - with even the online giant Amazon buying up three distinct domains for their investment in the currency [ https://www.cnbc.com/2017/11/01/amazon-buys-crypto-domains-bitcoin-ethereum.html] – maybe now is the time to start asking what effect the rise of this intangible currency will have on our very real planet?

Bitcoin’s recent record highs risk increased environmental damage, according to new research. With the cryptocurrency reaching a record high of $6,600 in recent weeks, the sector is an increasingly tempting proposition for those inclined to invest in the outlay for a mining operation. However, this is not the best news for those counting Bitcoin’s carbon footprint. Recent research has highlighted the high cumulative energy cost produced by mining, with Digiconomist highlighting an industry-wide total outlay of 24.5Twh of energy. To foster an idea of scale, Nigeria is listed as the country of closest comparison for energy consumption [https://digiconomist.net/bitcoin-energy-consumption], with such excess leading companies like Intel to search for a more efficient and sustainable blockchain alternative. Bitcoin’s current commitment to the hashing process has been seen by many as the key contributor to the scale of this value, with the repeatedly checking and re-checking of character strings causing a staggering cost when viewed on a grand scale. Despite this, the current process for coin mining has been proven to be safe, reliable, and time-tested. While hashing is undeniably wasteful, an annual return of $5.5bn against a $1.2bn energy cost for miners makes it extremely unlikely that operations will scale back in the near future. And, with a randomly sampled mine being responsible for the creation of an estimated 8,000 to 13,000kg of CO2 emissions per mined Bitcoin, [https://digiconomist.net/deep-dive-real-world-bitcoin-mine ] these are numbers that are simply going to continue to stack up. So, with cryptocurrencies proving such a popular investment - with even the online giant Amazon buying up three distinct domains for their investment in the currency [ https://www.cnbc.com/2017/11/01/amazon-buys-crypto-domains-bitcoin-ethereum.html] – maybe now is the time to start asking what effect the rise of this intangible currency will have on our very real planet?

It is widely accepted that ICOs are high risk. Given the risks associated with ICOs, it is right for the government to regulate them. However, what is important is that governments introduce the right type of regulation, because of the benefits consumers and the cryptocurrency industry can achieve from this. A number of countries and regulatory bodies have recently publicly taken a strong stance against ICOs. China and South Korea have recently imposed an outright ban on ICOs, while the United States and Canada have imposed strict rules. ICOs are a reality of modern day finance and are here to stay. Strict laws and inflexible rules could potentially create more problems, especially for consumers who seek to invest in ICOs but will not have the safety net and protection that regulatory systems provide. The right type of regulation for ICOs is a proportionate and risk based regulatory model that properly balances the need to support innovation with the need to protect consumers. A good example of the right type of regulation is the approach Gibraltar has introduced for the regulation of Distributed Ledger Technology. Here are three key reasons why the government is right to regulate ICOs: Consumer protection As with many financial investments, there is a risk of consumers losing their investments especially where they don’t receive proper advice and information to help them make informed investment decisions. Regulation can set minimum standards businesses dealing in ICOs must adhere to which are designed to protect consumers. Sift out fraudulent ICO ventures ICOs are not currently regulated which makes it easier for unscrupulous businesses to defraud consumers. Brad Garlinghouse of XRP recently said: "You are seeing examples of fraud," and so it is “good that you have regulators intervening and stepping in, in countries around the world." (Source: https://www.cnbc.com/2017/10/12/ripple-ceo-regulators-right-to-ban-fraud-cryptocurrency-sales.html). The government is right to intervene in order to sift out fraudulent ICO ventures. Improve confidence in the industry Regulation improves standards of business practice which ultimately improves public confidence in the industry.

It is widely accepted that ICOs are high risk. Given the risks associated with ICOs, it is right for the government to regulate them. However, what is important is that governments introduce the right type of regulation, because of the benefits consumers and the cryptocurrency industry can achieve from this. A number of countries and regulatory bodies have recently publicly taken a strong stance against ICOs. China and South Korea have recently imposed an outright ban on ICOs, while the United States and Canada have imposed strict rules. ICOs are a reality of modern day finance and are here to stay. Strict laws and inflexible rules could potentially create more problems, especially for consumers who seek to invest in ICOs but will not have the safety net and protection that regulatory systems provide. The right type of regulation for ICOs is a proportionate and risk based regulatory model that properly balances the need to support innovation with the need to protect consumers. A good example of the right type of regulation is the approach Gibraltar has introduced for the regulation of Distributed Ledger Technology. Here are three key reasons why the government is right to regulate ICOs: Consumer protection As with many financial investments, there is a risk of consumers losing their investments especially where they don’t receive proper advice and information to help them make informed investment decisions. Regulation can set minimum standards businesses dealing in ICOs must adhere to which are designed to protect consumers. Sift out fraudulent ICO ventures ICOs are not currently regulated which makes it easier for unscrupulous businesses to defraud consumers. Brad Garlinghouse of XRP recently said: "You are seeing examples of fraud," and so it is “good that you have regulators intervening and stepping in, in countries around the world." (Source: https://www.cnbc.com/2017/10/12/ripple-ceo-regulators-right-to-ban-fraud-cryptocurrency-sales.html). The government is right to intervene in order to sift out fraudulent ICO ventures. Improve confidence in the industry Regulation improves standards of business practice which ultimately improves public confidence in the industry.