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US Space Force Member Proposes Bitcoin’s PoW Systems in Cyberattack Prevention
4.12.2023
Image by Kaleb, Adobe Stock Jason Lowery, a member of the United States Space Force, has proposed the use of proof-of-work (PoW) networks, like Bitcoin (BTC), as a means to protect the country from cyber-inflicted warfare. In a letter addressed to the US Defense Innovation Board, Lowery emphasized...
Asset Managers Should Only Engage Staking Platforms With Strong Security — Andrew McFarlane
3.12.2023
Institutional investors seeking to earn rewards from digital asset token staking must be aware of the associated risks and should take steps to protect their clients, Andrew McFarlane, CTO at the Web3 infrastructure company Validation Cloud, has said. According to McFarlane, slashing, which is...
Solomon Islands and Soramitsu Unveil Partnership To Launch CBDC Pilot
1.12.2023
Source: Pixabay The Central Bank of Solomon Islands has revealed a partnership with Japanese blockchain Soramitsu to launch a proof-of-concept for a CBDC named Bokolo Cash. In a Keynote speech on Tuesday, Solomon Islands Prime Minister Manasseh Sogavare said his country was embarking on the CBDC...
Hedera boosts proof of concept to automate RECs for its partners
30.11.2023
Hedera has announced that it will assist EDF, REDEX, and Rekursive Labs in leveraging its potential pertaining to proof of concept, further helping them to automate the issuance and redemption of RECs, Renewable Energy Certificates which represent one’s power consumption. RECs work on...
Gate.io Implements Zero-Knowledge Tech in New Proof of Reserves Method
24.11.2023
Nov. 23rd – Gate.io, a leading cryptocurrency exchange and Web3 innovator, has announced upgrades to its Proof of Reserves (PoR) process, which includes a new open-source method utilizing zero-knowledge technology. Following the upgrade, the PoR process will now cover the top 100 digital...
Lugano Integrates Polygon Protocol into MyLugano Payment App for Crypto Transactions
23.11.2023
Source: Adobe/LianeM In a significant move towards solidifying its position as Europe’s emerging crypto-capital, Lugano city in the southern Switzerland Ticino region has seamlessly integrated the Polygon proof-of-stake (PoS) protocol into its crypto-friendly payment app, MyLugano. Polygon...
Verasity Announces the Launch of VeraAds
23.11.2023
PRESS RELEASE. London, November 23rd 2023 – Verasity, a leading advertising ecosystem built on open-ledger principles and creators of internationally patented Proof of View technology for preventing ad fraud, today announces the launch of VeraAds. A new service from Verasity, VeraAds...
Tencent, Huawei Make Bold Moves in Web3 Amid China’s Crypto Constraints
21.11.2023
Source: LT/Adobe Tencent and Huawei, two major Chinese tech giants, are making notable strides in the Web3 space despite the country’s stringent regulations on cryptocurrency trading. At the Staking Summit in Istanbul, a two-day conference featuring top minds in proof-of-stake (PoS)...
JPMorgan Explores Fund Tokenization for Personalized Portfolio Management
17.11.2023
Source: Pixabay JPMorgan and Apollo have collaborated with several blockchain firms to showcase a “proof of concept”, demonstrating how asset managers can tokenize funds using the blockchain of their preference. According to a press release issued on Wednesday, the companies said that blockchain...
JPMorgan, Apollo Tokenize Funds in 'Proof of Concept' With Axelar, Oasis, Provenance
15.11.2023
The aim of the project was to allow wealth managers to tokenize funds and to be able to purchase and rebalance positions in tokenized assets across multiple interconnected chains
Countdown to Ethereum Exposé: Insider Promises Proof of Vitalik Buterin’s Alleged Fraud in 48 Hours
14.11.2023
An insider promises information showing Ethereum co-founder Vitalik Buterin’s purported fraud. Image by FellowNeko, Adobe Stock. An insider with intimate knowledge of Ethereum’s origins has promised to soon reveal alleged fraudulent activities by co-founder Vitalik Buterin. Steven...
Proof of Stake Alliance Updates Best Practices, Signed by Coinbase, Paradigm, and More
9.11.2023
The Proof of Stake Alliance (POSA), in partnership with Paradigm Policy Lab, put forward a new set of best practices for staking with the goal of ensuring “customer protection and responsible innovation in the staking space” on Thursday, November 9th. A collective goal “Our collective goal...
Proof of Stake Alliance updates recommendations for staking providers
9.11.2023
The POSA updated its staking principles to say that providers should communicate clearly and should not control the amount of liquidity a user must provide
Blockchain Staking Firms Update Best Practices Amid 'Increased Scrutiny'
9.11.2023
The new “staking principles,” published by the Proof of Stake Alliance, aim to ensure consumer protections and promote innovation. Signers include Lido, Coinbase, Rocketpool, Blockdaemon
StablR integrates Chainlink Proof of Reserve on Ethereum
9.11.2023
StablR has gone in for incorporating Chainlink Proof of Reserve (PoR) on Ethereum to carry out improvements related to clarity issues for EURR-StablR’s collateralized and euro-supported stablecoin. By utilizing Chainlink PoR, users can monitor both the total amount of StablR Euro in circulation...
Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion
7.11.2023
Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal
OKX Latest Proof of Reserves Shows Exchange Over-collateralized
30.10.2023
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT
Dydx Chain Unveils Network Fee Distribution and USDC Trading Fee Allocation
27.10.2023
The Dydx chain, a proof-of-stake blockchain network, has successfully launched its mainnet and introduced dydx as its layer one (L1) token. On October 26, at 1 p.m. EDT, the network’s validators created the first block, signifying the start of a new era for the Dydx chain. The introduction of dydx...
Proof-of-Value Meme Coin Sensei Inu Explodes Past $300K in Stage 1 Presale
27.10.2023
The Sensei Inu ($SINU) presale has surged past $300K after a highly successful launch with significant ecosystem developments in the pipeline. What’s next for this trending meme coin? It would be easy to write Sensei Inu off as another Shiba Inu copycat looking to capitalize on meme coin...
Blockchain for a Better Planet: CEO Sunny Lu Explains How Vechain (VET) is Fighting the Climate Crisis – Next Big Trend?
27.10.2023
As the crypto industry pushes the limits of blockchain, the constant pursuit of innovation and sustainability takes center stage, with various consensus mechanisms vying for the spotlight, among them, Proof of Authority (PoA), employed by Vechain, emerges as a growing alternative, challenging...