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South Korea to Fund Blockchain-powered Platform for Apartment Dwellers


The South Korean government has pledged USD 1.27m in funding for a contact-free, blockchain-based services platform for apartment residents in the country – which operators say will allow residents to take part in electronic voting, manage parking spaces, and more. Per ZDNet Korea, the South Korean...

Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year


So called decentralized finance (defi) lending platform Bzx on Sunday lost $8.1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.6 million); 4,503 ETH ($1.65 million); 1,756,351...

New DeFi Project Xfinance(XFI) ILO Presale Will Start Today


As the cryptocurrency world is experiencing rapid growth, decentralized finance (DeFi) platforms are also rising. In early 2019, there were only $275M of crypto collateral in the DeFi economy than the current $5 Billion+; this represents the massive adoption of this platform. XFI Presale Xfinance...

Mastercard Launches Digital Currency Testing Platform for Central Banks


Mastercard has launched a digital currency testing platform aimed at helping central banks test their digital currencies. The system will also demonstrate how consumers can use central bank digital currencies to pay for goods and services wherever Mastercard is accepted worldwide....

DistX is Taking the Crypto World by Storm


After selling out their own token sale in just 57 seconds in late August, DistX have been making headlines and attracting a lot of attention. The reason for the hype? Their unique tokenomics offering some of the most interesting and significant rewards to DISTX token holders. DistX is building...

Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network


Hash power broker Nicehash denies that it enables bad actors to use its hash renting platform to launch 51% attacks on blockchain networks. The broker insists that it does not have any way of monitoring or determining which blockchain is benefitting from a particular algorithm hash data. Only...

CEX.IO Cryptoexchange Makes CryptoCompare Top 10


The international cryptocurrency exchange CEX.IO made it into the CryptoCompare top 10 July 2020 report, with an overall A grade. The CryptoCompare Exchange Benchmark rating evaluates over 165 exchanges around the world on aspects like adherence to regulations, platform security, liquidity, asset...

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