Chain abstraction explained: What it is and the problems it solves
Chain abstraction simplifies user experience by enabling interaction with assets and services across multiple blockchains, hiding technical complexities.
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Darknet, cryptocurrency and two intersecting health crises
While the precise origin of the COVID-19 pandemic is unknown, it has infected more than 30 million people, with almost 1 million confirmed to have died from it as it continues to spread across the world. The highly contagious virus has the ability to survive up to three weeks in frozen food supplies of meat…
Federal Reserve works with China’s blockchain ally for instant payments
Cypherium is the only blockchain company featured in the FedNow Service Provider Showcase for now, the CEO told Cointelegraph. 863 Total views 41 Total shares The United States Federal Reserve is moving forward with its real-time payment project FedNow Service by starting experimenting with the blockchain infrastructure.On Tuesday, the Fed officially launched the FedNow Service…
ETC Labs Core Rebrands to ETC Core to Clarify Difference With ETC Labs
Blockchain developers organization Ethereum Classic (ETC) Labs Core (ETC Labs Core) has rebranded to ETC Core.In a Dec. 15 blog post, ETC Core technology coordinator Stevan Lohja announced that ETC Labs Core had been rebranded to ETC Core. Lohja stipulated that this rebranding will assist the company to differentiate itself from ETC Labs, one of…
Tether Daily Transaction Volume Hits All-Time High
Tether (USDT), the most used fiat-pegged stablecoin, has hit an all-time high by the number of daily transactions, according to blockchain data provider Coin Metrics.On March 31, the amount of Tether transactions hit a high of 38,150, representing a new milestone in the adoption of the major stablecoin launched in 2015.All-time transaction volume of Tether.…
Apple’s outside payments ban upheld as unlawful in likely win for NFTs and crypto
Unless Apple appeals the decision and has the ruling overturned, developers are free to direct app users to their own systems to make purchases. 279 Total views 6 Total shares Own this piece of history Collect this article as an NFTA California court ruled Apple violated state competition laws by barring app developers from using…
Bilaxy exchange suspends website after ERC-20 hot wallet hack
Bilaxy cryptocurrency exchange is yet to announce the value of funds lost to a hacking incident that occurred on Aug 28. 772 Total views 220 Total shares Bilaxy, a lesser-known cryptocurrency exchange, has confirmed a major hacking incident, reporting losses of funds due to an exploit of the platform’s ERC-20 hot wallet.Bilaxy announced on its…
Prediction markets like Polymarket a ‘public good,’ more accurate than polls
While some say that prediction markets are a risk to democracy, others think they could serve the public by offering valuable insights and risk management tools.
Bitcoin Holds Over $8,000 as Top Altcoins See Minor Losses
Saturday, May 25 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) still holds over the $8,000 mark, with minor gains on the day.Market visualization courtesy of Coin360Bitcoin is a fraction of a percent up on the day, trading at $8,025 at press time,…