New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July.
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Researchers develop blockchain verification service for cultural artifacts
A combination of human expertise, NFTs and blockchain technology could help humanity protect its priceless artifacts from theft and looting. 79 Total views 1 Total shares Computer scientist Adel Khelifi, of the University of Abu Dhabi, and archaeologist Mark Altaweel, from University College London, recently announced the development of a Web3-based verification-as-a-service model for determining…
FTX used Python code to fake its insurance fund figure: Gary Wang
FTX’s so-called “Backstop Fund” figure was a big lie, according to the former chief technology officer of the crypto exchange 610 Total views 7 Total shares Crypto exchange FTX used hidden Python code to misrepresent the value of its insurance fund — a pool of funds meant to prevent user losses during huge liquidation events
BTC price dip gone by September? 5 things to know in Bitcoin this week
Bitcoin faces a crunch candle close this week as BTC price rebound battles sellers to cancel its early August collapse.
Solana has 100M active wallets, but most are empty
Although Solana’s active address count has climbed to 100 million, most wallets appear to hold little or no SOL.
DApp activity rises 3.7% in August for the first time since May: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Decentralized applications, or DApps, finally showed a glimmer of recovery in August as the daily average of unique active wallets rose by 3.7% compared to May.With just under a week…
8 smart strategies for effectively explaining a blockchain scaling solution
Blockchain technology can be difficult for the average layperson to understand, and when “layers” are added to the concept — as with blockchain scaling — it can be even more confusing. Companies working on blockchain scaling solutions are led and staffed by experts who fully understand the underlying technology and why scaling is essential to…
BitMEX Operator Gives $400K Sponsorship to Cybersecurity Nonprofit
HDR Global Trading, the operator of crypto exchange BitMEX, is giving a $400,000 grant to the cybersecurity nonprofit Shadowserver Foundation.In an April 6 statement on the company’s blog, HDR Global Trading announced that it would offer $400,000 to the organization over the next four years. The BitMEX operator will be acting as a member of…
Bitzlato ex-CEO Legkodymov pleads guilty to one count in Brooklyn court
The Hong Kong-based crypto exchange had no KYC and was a major support for the darknet marketplace Hydra. Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, pleaded guilty to one count of operating an unlicensed money services business on Dec. 6. Legkodymov appeared in New York Eastern District Court in Brooklyn before Judge