Tech

BitGo

BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb

Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain because of rising fees, according to CTO Ben Chan.

Tech  ·  25 August 2020
Ethereum

Ethereum Tokens Worth $1B Vulnerable to ‘Fake Deposit Attack’

A software bug that deposits fake balances into cryptocurrency exchange wallets has been detected in 7,772 ERC-20 tokens worth over $1 billion.

Tech  ·  25 August 2020
Visa

Another Bitcoin Lightning Startup Is Working With Visa to ‘Fast Track’ Card Payments

With help from the Visa Fast Track program, LastBit will let users make any purchase with bitcoin, without needing the merchant to actively accept it.

Tech  ·  25 August 2020
China

Huawei Builds Blockchain Platform to Help Beijing Government Manage People’s Data

Huawei’s cloud services arm is helping the Beijing government set up a blockchain platform that would better track and manage people’s data.

Tech  ·  24 August 2020
Transaction Fees

Ethereum’s Fees Mean Choosing Between a World Computer and a Financial Network

Large public blockchains are destined to privilege the largest, most fee-tolerant transactions at the expense of non-financial uses.

Tech  ·  24 August 2020
DeFi

No Collateral Required: How Aave Brought Unsecured Borrowing to DeFi

Aave’s “credit delegation” service makes unsecured borrowing possible in DeFi for the first time. But it’s a long way from replacing your credit card.

Tech  ·  24 August 2020
Monero

An AWS Virtual Machine Is Infected With Mining Malware. There Could Be Others

A monero mining script has been embedded in a public instance of an AWS virtual machine. How many others are similarly infected?

Tech  ·  21 August 2020
Hacking

These Illicit SIM Cards Are Making Hacks Like Twitter’s Easier

SIM cards that spoof specific numbers, prevent tracking, and alter users voices are making social engineering attacks like those on Twitter easier.

Tech  ·  21 August 2020
Bitcoin

Bitcoin Has Lost Its Way: Here’s How to Return to Crypto’s Subversive Roots

Bitcoin has traded its radical potential for the prospect of mainstream adoption. It's not worth it, writes Rachel-Rose O'Leary.

Tech  ·  21 August 2020
Lightning Network

Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on Lightning

LND now supports Lightning Network wumbo channels. These channels have the capacity to hold more funds, and users can send larger bitcoin transactions.

Tech  ·  20 August 2020
Ethereum

High Ethereum Fees Push Tether to Its Eighth Blockchain, OMG Network

Tether’s USDT is now live on scaling blockchain OMG Network in a bid to decrease pressure on its parent blockchain, Ethereum.

Tech  ·  19 August 2020
Ethereum

Chainlink to Provide Data for Farming Insurance Startup Arbol

Chainlink will provide climate data for insurance startup Arbol’s weather derivatives. Small to medium sized firms can use the Ethereum-based dapp for hedging natural events.

Tech  ·  19 August 2020
Opinion

NFTs Are Boring; Here’s How to Make Them Fun

Crypto collectables have a limited audience, but the underlying technology behind NFTs can create novel online experiences and games for everyone.

Tech  ·  19 August 2020
Opinion

Why the Decentralized Web’s Development Is Unstoppable

The time to hone in on the “New Internet” is now.

Tech  ·  18 August 2020
Bitcoin

Dust Attacks Make a Mess in Bitcoin Wallets, but There Could Be a Fix

When dust settles in your home, you sweep it up. But what happens when dust makes its way into your Bitcoin wallet? Cleaning it up may not be so simple.

Tech  ·  18 August 2020