Coinbase’s Base network publishes ‘path to mainnet’ outlining roadmap

In financial markets, the uneven distribution of information comes hand-in-hand with theuneven distribution of economic power. The cryptocurrency market is no exception and oftentimes those with insider knowledge or access to industry-grade data intelligence tools can put their digital assets to work in ways the everyday retail investor could never do.Still, regular traders can profitably…

Developers dumping tokens and making off with the proceeds is the latest scourge to plague DeFi. 1532 Total views 6 Total shares The decentralized finance ecosystem has been plagued by a variety of known scams and exploits for some time, with yet another coming in the form of what is known as a “soft rug”.Those…

Smart contracts, especially for DeFi, are becoming a data-intensive industry. Oracle services are helping to bridge the gap. 1113 Total views 16 Total shares Decentralized oracle service Umbrella Network officially launched on Ethereum Friday, setting the stage for cross-chain transactions between the dominant smart contract platform and Binance Smart Chain, or BSC. The cross-chain bridge connecting…

Current CTO David Schwartz claims Stefan Thomas created hundreds of accounts with 1.0 BTC "because that was the fastest and easiest number to type" for his experiments. 3903 Total views 11 Total shares David Schwartz, current chief technical officer at Ripple, is responding to reports his predecessor had lost access to hundreds of millions of…

Our weekly roundup of news from East Asia curates the industry’s most important developments. On Aug. 11, a Chinese individual known only as Mr. Chen was sentenced to nine months in prison after helping his friend, Mr. Lin, purchase 94,988 Chinese yuan ($13,104) worth of Tether (USDT) and earning a commission of 147.1 Yuan ($20.24).Because…

Recognized as one of the most turbulent years for the cryptocurrency and blockchain industry, 2022 has still been vigorous for the metaverse. With over $120 billion invested in the first half of the year alone — according to a McKinsey report — the industry is anything but broken.Some of the most significant partnerships to date…

Security and “systemic risk” will form the focus of the third Stanford Blockchain Conference at Stanford University on Jan. 30 - Feb. 1, organizers have revealed.Continuing the institution’s ever increasing interest in blockchain technology, the three-day event will see presentations and discussions on a variety of technical issues.Chaired by Stanford professors, among others, the event…

MicroStrategy confirms it has made Bitcoin its primary treasury reserve asset as institutional uptake takes a dramatic bullish step forward. The world’s largest publicly traded business intelligence company MicroStrategy (Nasdaq: MSTR) has formally adopted Bitcoin (BTC) as its primary reserve asset.In a press release issued on Aug. 11, MicroStrategy confirmed it had purchased 21,454 BTC…