Avail integrates leading layer-2 networks to create more cost-efficient chains
Avail joins forces with leading layer-2 networks for increased Web3 scalability through data availability and rollup unification for a more interconnected blockchain landscape
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The key misunderstanding with China's purported BTC hashrate dominance
According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%.

Seoul to Release Native City-Wide Crypto as Part of Smart City Development
In a bid to transform into a blockchain smart city, Seoul, South Korea is planning to launch its own digital currency by November 2019.To facilitate engagement in the city’s governanceAs Australian finance-focused media outlet Finder reported on Aug. 7, the South Korean capital is looking to release a native city-wide digital currency dubbed S-coin, the…

TMX buys 78% of ETF tool VettaFi for $848M, boosting stake to 100%
Toronto Stock Exchange owner TMX is finalizing the purchase of VettaFi, an ETF tool that lists blockchain and cryptocurrency-themed E3TFs, including the VanEck Digital Transformation ETF. 904 Total views 3 Total shares TMX Group, the operator of Canadian stock exchanges such as the Toronto Stock Exchange and the Montreal Exchange, is finalizing the acquisition of

Security firms seek to make it more difficult for scammers to get away with DeFi project hacks
While projects cannot wholly prevent bad actors from infiltrating the DeFi realm, security specialists say there are ways to deter such practices. 428 Total views 4 Total shares The rise of community-oriented blockchain security companies may be making it more difficult for alleged bad actors to get away without a trace.Early Wednesday, CertiK issued a…

Crypto Biz: Institutions short Bitcoin as SBF is ‘deeply sorry’ for FTX collapse
The monumental collapse of FTX will go down as one of the biggest corporate scandals of all time. But, at least Sam Bankman-Fried, or SBF, is sorry. On Nov. 22, the disgraced founder of FTX penned a letter to his former employees describing his role in the company’s bankruptcy. “I never intended this to happen,”…

Twitter and Stripe roll out USDC payout program for creators via Polygon
In addition to payments to bank accounts and debit cards, select content creators can now elect to have USDC earnings sent to their wallets. 450 Total views 7 Total shares On Friday, Twitter and Stripe announced the rollout of crypto payouts for Stripe Connect. As told by the two companies, a select group of creators…

Tornado Cash token falls 57% after Binance announces delisting
TORN fell from $3.90 to $1.66 after Binance announced it would no longer carry the coin. 69 Total views 1 Total shares The governance token for crypto mixer Tornado Cash (TORN) has fallen by over 50% on Nov. 26-27, according to data from Coingecko. The crash came on the same day that crypto exchange Binance

Led by Uniswap, decentralized exchange volumes soared above $50B in January
Decentralized exchange volumes reached a record $55-billion high in January as Uniswap and SushiSwap saw a significant surge in activity. 2365 Total views 8 Total shares Decentralized finance (DeFi) has emerged as one of the driving forces of crypto sector growth, and it is also establishing itself as an integral component driving widespread adoption of…