Cosmos ecosystem rocked by North Korean developer allegations

Top Stories This Week Ethereum’s Shapella hard fork executed on mainnet The Ethereum blockchain’s mainnet, also referred to as the Beacon Chain, implemented the Shapella hard fork on April 12. The upgrade made fund withdrawals possible for those who have staked the network’s Ether (ETH) asset. Within the first hour of the hard fork, a…

The Telos Foundation — the organization behind smart contract platform Telos (TLOS) — has taken action against two of its board members following a network security controversy.Telos is a platform that supports the creation of decentralized applications (DApps) and decentralized autonomous organizations (DAOs) running on EOS.io, the software underlying the EOS blockchain.In a blog post…

The Investment Association believes the new technology will bring significant cost savings for end investors. 67 Total views 2 Total shares The Investment Association, a trade body representing British investment managers, is speeding up the local government and financial regulators to approve blockchain-traded funds with digital tokens substituting traditional shares. As the Financial Times reported on…

Bitcoin (BTC) made a sudden jump of 9% in the past 24 hours. However, altcoin cryptocurrencies have been showing strength recently as well.Recent surges from large caps have been in the double digits with Dash (DASH) surging 50% and Bitcoin Cash (BCH) 30% in the past four days. Is it possible to draw a conclusion…

Overstock’s blockchain arm tZERO bags $5 million in funding from GoldenSand Capital through its latest equity sale. tZERO, the blockchain subsidiary of the American internet retailer Overstock, raised $5 million in equity investment from the Hong Kong equity firm GoldenSand Capital.Speaking of the firm’s interest in being a part of tZERO’s initiative, chairman of GoldenSand…

Crypto analysts argue past performance won’t help predict Ether’s prices anymore and that Ether has “all the elements to rally like it has never seen before.”

Trump drops series 2 NFT collection ahead of presidential runAnother round of digital nonfungible tokens (NFTs) trading cards have dropped bearing the likeness of former United States President Donald Trump, with 38,001 minted on Polygon (MATIC).The collection was launched on April 18 at a price of $99 each, it currently has a floor price of…

Polkadot’s vision for a sharded parachain ecosystem is moving toward becoming a reality. 2452 Total views 23 Total shares The Polkadot ecosystem continues to progress, with DeFi platform Acala Network becoming the first to win a parachain slot on the Rococo testnet.Acala, the self-described decentralized finance hub for Polkadot, announced it had secured the slot…

South Korean crypto exchange Bithumb, currently the world’s sixth largest by daily traded volume, will open a global decentralized crypto exchange, Business Korea reports Oct. 4.Bithumb has partnered with blockchain firm One Root Network (RNT), which has developed an Ethereum (ETH)-based decentralized token transaction protocol dubbed “R1” and already operates a decentralized exchange (DEX). According…