Tagged: distributed ledger technology

Blockchain Infrastructure Developer Bison Trails Introduces Tool to Automatically Manage Polkadot Participation for “Large-Scale” DOT Token Holders

Blockchain infrastructure developer Bison Trails is offering a new tool, called managed controllers, in order to automatically manage Polkadot participation for “large-scale” DOT token holders who are interested in optimizing their participation. DOTs are Polkadot’s native tokens that are used as part of transactions on… Read More

Important Blockchain Software Bug Found and Patched in Tendermint, a Consensus Mechanism for Cosmos’ DLT Interoperability Ecosystem

Bluzelle, a “decentralized” data network, has reportedly found an “important” bug in Tendermint, the consensus mechanism for the Cosmos ecosystem, which aims to facilitate blockchain interoperability (communication between independent or separate blockchain networks). As mentioned in a release shared with Crowdfund Insider: “The bug was… Read More

Kyber Network Introduces “Katalyst” Protocol Update to Better Meet Liquidity Requirements of Decentralized Finance Ecosystem

Kyber Network, a protocol that aggregates on-chain liquidity (on blockchains) and facilitates “decentralized” token trading, has introduced the Katalyst protocol update to better fulfill the liquidity requirements of the decentralized blockchain ecosystem. As mentioned in a release shared with CI: “Katalyst [aims to] harmonize Kyber’s… Read More

China’s Fintech and Blockchain Sector are Supported by $616 Billion in R&D Resources: Report

The ongoing U.S.-China trade wars and the COVID-19 outbreak have negatively impacted China’s $11-$13 trillion economy, however, the nation’s technology sector continues to develop rapidly. The country’s tech industry is supported by $616 billion in research and development (R&D) resources. In addition to investing in… Read More

Block.one’s Blockchain based Voice Network has Officially Launched, Plans to “Take Social Media Back” from Big Tech

Voice, a blockchain-based social media platform created by Block.one, the company behind EOS, a leading distributed ledger tech (DLT) development platform, has confirmed that it has officially launched. Voice is presently available only in the read-only mode for the general public. The social media network… Read More

Telegram to Shut Down its TON Test Network Next Month, After Paying $18.5 Million Fine to SEC, and Returning Investors’ Money

Telegram, a major social network with hundreds of millions of users, had attempted to raise funds through a digital asset offering. However, it recently decided to settle an enforcement action initiated by the US Securities and Exchange Commission (SEC). While Telegram claims it terminated its… Read More

Digital Asset Platform Currency.com has Reportedly been Awarded a New DLT License by Gibraltar’s Financial Services Commission

Currency.com, a regulated digital assets platform, has reportedly been awarded a new distributed ledger technology (DLT) license by the Gibraltar Financial Services Commission (GFSC). As mentioned in a release shared with Crowdfund Insider: “The license allows [Currency.com] to use DLT for storing or transmitting value… Read More

South Korean Blockchain Project ICONLOOP Acquires $5 Million in Additional Investments, After Receiving Capital from $100 Million K-Growth Fintech Innovation Fund

South Korea’s ICONLOOP, a company that developed its own blockchain-powered engine, loopchain, which is used for various Internet services, has reportedly acquired KRW 6 billion (appr. $5 million) in additional investments.  The company has secured a total of KRW 16 billion (appr. $13.4 million) in… Read More

There are Reportedly Over 230 Blockchain or DLT focused Organizations Operating in Singapore

Several Singapore-based organizations recently teamed up to create a map of what the city-state’s blockchain or distributed ledger technology (DLT) sector looks like, and how it has grown considerably this year when compared to 2019. Many major DLT initiatives in the country are supported in… Read More

Binance has Reportedly been “Paying Great Attention” to Ontology’s Blockchain Governance and Economic Model, Might Consider Becoming a Node on the Chain

Li Jun, the founder of Ontology, a “high-performance” enterprise blockchain platform, recently noted that the Ontology development team has been working cooperatively with Binance and Binance.US on various ONT trading campaigns. The Ontology team members, whose comments came during a recent AMA session which aimed… Read More

As Ethereum 2.0 Mainnet Gets Ready to Launch, Co-founder Vitalik Buterin Admits Developers Overlooked Sharding, Proof of Stake Design Issues

Vitalik Buterin, the co-founder of Ethereum (ETH), the world’s largest smart contract platform, recently admitted that he would have approached the ongoing development of Ethereum a lot differently if he started building it now from scratch. Buterin, whose comments came during a recent episode of… Read More

Cardano’s ADA Might be Listed on Coinbase in Late 2020, While Token’s Holders May Soon Stake It via Coinbase Custody

Cardano’s native crypto token, ADA, might get listed on San Francisco-based digital asset exchange Coinbase by the end of this year. ADA investors will soon have the option of staking their digital assets via Coinbase Custody. A representative from IOHK (Input Output Hong Kong), the… Read More

Ampleforth (AMPL), which Claims to be “the Best of Bitcoin and Stablecoins,” Records Over $1.8 Million in AMPL/ETH 24-Hour Trading Volume on Uniswap

It has now been a little over a week since Ampleforth (AMPL) introduced decentralized finance (DeFi) liquidity rewards via its new program, called AMPL Geyser. As noted in an update shared with Crowdfund Insider, there’s currently (at time of writing) around $2.34 million in total… Read More

European Innovation Council Prize on Blockchains for Social Good Awards €5 million to Six Winners Focused on Financial Inclusion, Renewable Energy, Other Projects

The European Innovation Council (EIC) Prize on Blockchains for Social Good has reportedly awarded €5 million to six winners, who were chosen based on their potential to develop scalable, “deployable” and “high-impact” blockchain or distributed ledger tech (DLT) solutions for addressing societal challenges. As noted… Read More

Blockchain Features that Bring Decentralization Pose Challenges to Providing Protection for Stakeholders, According to Chairman of Malta Digital Innovation Authority, Dr. Joshua Ellul and Others

Dr. Joshua Ellul, the Chairman of Malta Digital Innovation Authority and Director of Centre for DLTs, University of Malta, has noted that he has published a paper (with Jonathan Galea, Max Ganado, Stephen McCarthy and Gordon Pace) titled “Regulating Blockchain, DLT and Smart Contracts: a… Read More

Here’s Why Ethereum, Tezos, Stellar, Chainlink are Not Yet Legitimate Bitcoin (BTC) Investment Alternatives

Feyyaz Alingan, the Founder of Blue Alpine Research, a Switzerland-based research firm focused on digital assets, has pointed out several “alternatives” to Bitcoin (BTC). Alingan, an electrical engineering graduate from ETH Zürich, says that Ethereum (ETH) may be considered a Bitcoin alternative. He notes that Ethereum’s… Read More

Financial Privacy Enhancing Zero Knowledge Proofs or ZKPs Not Ready for Integreation with CBDCs, Bank of Canada Claims

Zero-knowledge proofs (ZKPs) and other cryptographic techniques for enhancing privacy on blockchain networks are still in their early stages of development, according to the central bank of Canada. The reserve bank said that ZKPs may not be integrated into central bank digital currencies (CBDC) just… Read More

Russian Blockchain based E-Voting System Suffers Attack, Locals Claim they’ve been Able to Vote Multiple Times due to Faults in the Platform

Russia’s blockchain or distributed ledger technology (DLT)-enabled voting system for the constitutional amendments recently suffered an attack through an election observer’s node. State-owned news outlet TASS reported that the attack took place on June 27, 2020, at about 8 PM CET. A spokesperson from government… Read More

Building Cities Beyond (BCB) Blockchain Introduces $15 Million Grant for Projects Using BCB Protocol, will Also Assist Game Devs

Building Cities Beyond (BCB) Blockchain has introduced its BCB Innovation Grant. The Singapore-headquartered distributed ledger technology (DLT) developers are focused on supporting various smart city solutions. As first reported by Singapore Fintech News, BCB Blockchain confirmed that it will be awarding $15 million in grant… Read More

Decentralized Finance Protocol Compound’s COMP Tokens Now Supported by Coinbase Earn

DeFi protocol Compound’s native COMP token is now available on Coinbase Earn, a platform that allows users to earn cryptocurrency while they learn about how digital assets and blockchain tech work. Coinbase Earn allows users to earn many different crypto-assets including EOS, stablecoin Dai, and… Read More

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