Tech

Ethereum Classic

Ethereum Classic’s Terrible, Horrible, No Good, Very Bad Week

Ethereum Classic suffered two 51% attacks in the same week. One week later, exchanges, investors and developers are split on the implications.

Tech  ·  10 August 2020
CoinFlash

Dapp Platform NEAR Protocol Taps Ontology’s Expertise for Decentralized Identity Effort

The dapp platform will leverage Ontology's experience in building decentralized identity solutions.

Tech  ·  10 August 2020
Bitcoin

Bitcoin’s Stolen Revolution

We wanted a permissionless system where users set the rules. We got a new financial toy for a small handful of wealthy companies and individuals.

Tech  ·  9 August 2020
Opinion

Decentralized Tech Will Be Ready for Humanity’s Next Crisis

Decentralized tools were not the default solutions to the COVID-19 pandemic, but the protocols being built today will be ready for whatever comes next.

Tech  ·  8 August 2020
Bugs

Fixing This Bitcoin-Killing Bug Will (Eventually) Require a Hard Fork

The bug sheds light on the challenges of Bitcoin's decentralization. At least we've got 86 years for the community to join together and implement a fix.

Tech  ·  7 August 2020
CoinFlash

Polkadot Releases Rococo, Its Test Environment for Interoperable ‘Parachains’

Polkadot has released its first testnet, Rococo, for its parachain network. The testnet will commence with three parachains, Parity Technologies said.

Tech  ·  6 August 2020
Bitcoin

Bitcoin’s Patronage System Is an Unheralded Strength

Bitcoin development is better funded than ever, cementing a patronage model that protects against insider maneuvering.

Tech  ·  6 August 2020
Russia

Russia’s Sberbank Launches Blockchain on Hyperledger, Mulls Stablecoin in 2021

Russia's largest retail bank is launching a Hyperledger-powered blockchain for trade finance initially, and may add a ruble-linked stablecoin next year

Tech  ·  6 August 2020
Funding Rounds

NBA’s Spencer Dinwiddie, Andre Iguodala and More Join Dapper Labs $12M Funding Round

Dapper Labs raised $12 million in its newest funding round led by NBA stars Spencer Dinwiddie, Andre Iguodala, JaVale McGee, Aaron Gordon and Garrett Temple.

Tech  ·  6 August 2020
Developers

OKCoin Exchange Awards Grant to One of Bitcoin Core’s Most Active Developers

The grant from OKCoin will allow Bitcoin developer Marco Falke to continue the maintenance work he's done since 2016, like reviewing proposed code changes.

Tech  ·  6 August 2020
Ethereum Classic

Ethereum Classic Suffers Second 51% Attack in a Week

Ethereum Classic has suffered a 4,000-block-long reorganization, its second such incident in five days. The first attack, which saw more than 3,000 blocks reorged, had an attacker steal more than 800,000 ETC, worth about $5.6 million.

Tech  ·  6 August 2020
China

China’s Open Source Development Has Lessons for the US

While the U.S. complains about TikTok and Chinese IP theft, China is forging a new form of development based on open source networks.

Tech  ·  5 August 2020
DeFi

DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say

DeFi trading bots create "walls of executions," resulting in higher rewards for Ethereum miners, higher profits for traders and higher fees for everyone.

Tech  ·  5 August 2020
MakerDAO

ETH Lite: Reflexer Labs Raises $1.7M to Build a Somewhat-Stable Coin for DeFi

Reflexer Labs, a new decentralized finance project aimed at softening volatility, has closed a $1.68 million seed round led by Paradigm.

Tech  ·  5 August 2020
CoinFlash

Square Crypto, Human Rights Foundation Ramp Up Bitcoin Development Grants

Square Crypto and the Human Rights Foundation are continuing their support for an open source Bitcoin developer community with new contributor grants.

Tech  ·  5 August 2020