Now a Nearly $1 Billion Blockchain, Tezos Is Slowly Building Up Its Security
In the third week after opening its network security up to community involvement, Tezos’ beta launch has been surprisingly smooth.
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Hackers Are Shuffling Binance’s Stolen Bitcoin
news A team at blockchain services company Coinfirm has been watching the erratic movements of the bitcoin associated with $40 million stolen in the latest Binance breach. At 4:11 AM on May 8 the hacker or hackers moved 1214 BTC ($7.16 million) to new addresses and then moved another 1337 “to 2 new addresses held by…
IOHK Opens Cardano Research Lab at University of Wyoming Following $500K Donation
Feb 14, 2020 at 17:58 UTCThe Cardano blockchain's lead development firm has established a new research center at the University of Wyoming (UW), after making a $500,000 donation in the ADA cryptocurrency.IOHK announced Friday that its new research and authentication center would form part of UW's Blockchain Research and Development Lab and would promote the…
Blast Ecosystem Sees First Apparent Scam as ‘RiskOnBlast’ Rug Pulls $1.3M Ether
Blast ecosystem experienced the first rug pull event as RiskOnBlast, a gambling and exchange platform, disappeared with over 420 ether raised from retail traders.RiskOnBlast’s anonymous team sent nearly $500,000 to ChangeNow, $360,000 to MEXC, and $187,000 to Bybit after raising over $1 million from investors.The well-funded and hyped Blast ecosystem apparently saw its first rug
Blockchain Water Purifier? New China Mobile Appliance Earns You Tokens
news Telecommunications giant China Mobile is trying to show everyday consumers the value of blockchain by incorporating the technology into an ordinary household product. The company’s internet of things (IoT) unit has developed a water purifier with a built-in computing chip and an IoT module. Like other IoT-connected devices, it will collect data on user…
CFTC Kicks Off Review of Kalshi’s Congressional Control Prediction Markets
The U.S. Commodity Futures Trading Commission began a formal review and public comment period to evaluate prediction market Kalshi's proposed contracts to bet on who will control Congress late Friday, canceling a public meeting to discuss the issue in the process.The CFTC announced Friday night that it had began its 90-day review of KalshiEX LLC's…
Arbitrum Governance Fracas Reopens the Question: Why DAOs?
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Daniel Kuhn is a features reporter and assistant opinion editor for CoinDesk's Layer 2. He owns BTC and ETH.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.What exactly does crypto want decentralized autonomous…
The Protocol: Bitcoin Cry for Help Heard
Rosy predictions for bitcoin spot ETFs are paying off, with billions of inflows into the vehicles, helping to push the BTC price this week to a new all-time high above the old record around $69,000. The vindicated prognosticators may argue there's now ample proof that if normies have an easy way of investing in crypto
‘A Loan Shark Situation’: MakerDAO Is Leaving Crypto Borrowers With Rising Bills – And They’re Crying Foul
news The Takeaway An ethereum protocol for programmatic lending, MakerDAO emerged as a clear market leader in part for its rock-bottom interest rates of 0.5 percent. But the code behind MakerDAO requires interest rates to do more than extract business from borrowers, it’s a technological necessity for keeping its DAI stablecoin worth $1. With interest…