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IOTA Takes Step Towards Decentralized Network


IOTA (MIOTA) has announced the release of Pollen, the first phase towards IOTA 2.0, its decentralized network that is expected to arrive in the first half of the next year. IOTA is continuing its path towards the so-called 'Coordicide' - the death (that is, the removal) of the Coordinator, which...

South Korea Vows to Pump USD 111m into Blockchain R&D over Five Years


South Korea has pledged to inject USD 111 million into the development of blockchain technology, with central government-sponsored research flowing until at least 2025. The move is the brainchild of the nation’s Ministry of Science and ICT, which has worked jointly on the initiative with...

South Korea OKs Blockchain Certificate Use in Public, Private Sectors


The South Korean government will allow the use of blockchain-powered public certificates beginning in December this year. Per Hanguk Ilbo and UPI News, Seoul says that it will make amendments to the nation’s existing Electronic Signatures Law that will allow for citizens and companies to make...

Russian Blockchain-powered Voting Platform ‘Withstands Node Attack’


The operators of Russia’s blockchain voting system say their platform successfully repelled a hacking attack in the nation’s referendum on constitutional reform. Blockchain voting is being piloted in the cities of Moscow and Nizhniy Novgorod, and began on June 25. Citizens in both cities were...

‘Sophisticated’ Hacker Plunders $450,000 From Defi Protocol Balancer


Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens. Pools with Sta...

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