Solana illustrates the dark side of monolithic blockchains
Modular blockchains might lead to a poor user experience, but — unlike Solana — they remain functional even during periods of high demand.
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Tether’s market cap could overtake Ethereum’s next year — Bloomberg report
Expect Bitcoin in the number one spot and Tether second by market capitalization before 2022. 1814 Total views 17 Total shares A new report predicts Tether could surpass Ether’s market cap by the end of next year, paving the way to mainstream adoption of stablecoins and central bank digital currencies (CBDCs). According to Bloomberg’s Crypto…
Japanese watchdog issues warning to crypto derivatives exchange Bybit
The warning comes in response to Bybit’s marketing campaign that reportedly targeted Japanese investors. 3300 Total views 5 Total shares Singapore-based Bybit, the world’s fifth-largest cryptocurrency derivatives exchange by trading volume, has allegedly been running unregistered crypto services in Japan, according to an official warning.The Japan Financial Services Agency issued a formal warning letter to Bybit…
Blockchain Consortium R3 Launches Corda Network and Independent Governance Foundation
Enterprise blockchain software firm R3 has announced the launch of its Corda Network, which will be operated and overseen by a newly created not-for-profit organization, the Corda Network Foundation. The announcement was made in an R3 press release published on Jan. 16.R3 has to date reportedly gathered over 300 partners from across multiple industries —…
Montenegro makes Vitalik a citizen, part of plans to promote it as a blockchain hub
The small southeast European nation is beginning to sift through the murky waters of blockchain regulation by granting the Ethereum co-founder citizenship. 334 Total views 6 Total shares The Montenegrin government has begun fulfilling its pledge to become a hub for blockchain innovation by reportedly making Ethereum creator Vitalik Buterin its newest citizen.Montenegrin news outlet…
Telegram Offers ICO Investors Refund or Option to Hang On Till April 2021
After missing its April 30 deadline to launch TON, Telegram has offered its investors an immediate 72% refund, or 110% in 12 months. 729 Total views 23 Total shares Encrypted messaging platform Telegram appears to have accepted a United States court ruling that the company cannot distribute its Grams tokens or launch the Telegram Open…
Abu Dhabi Global Market Concludes First Phase of Blockchain-Based KYC Project
An international financial free zone within the capital of the United Arab Emirates (UAE) has concluded the first phase of its blockchain-based Know Your Customer (KYC) utility project, according to an ADGM press release Dec. 4.The Abu Dhabi Global Market’s (ADGM) regulatory body, the Financial Services Regulatory Authority (FSRA) along with “Big Four” audit firm…
Moonbeam (GLMR) launch brings EVM interoperability closer to the Polkadot network
Cross-chain compatibility with the Ethereum (ETH) network has become a necessary component for any layer-one protocol looking to remain relevant because a majority of projects and funds locked in smart contracts are found on the top-ranked smart contract platform. After years of development and promises of interoperability, the Polkadot network moved toward its first Ethereum virtual…
US, Britain and other countries ink ‘secure by design’ AI guidelines
The guidelines suggest cybersecurity practices AI firms should implement when designing, developing, launching, and monitoring AI models. 620 Total views 7 Total shares The United States, United Kingdom, Australia, and 15 other countries have released global guidelines to help protect AI models from being tampered with, urging companies to make their models “secure by design.”On