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“# Dfinity responds to Internet Computer decentralization and privacy concerns ” Dfinity, the team behind the Internet Computer protocol, or ICP, has fired back at critics of its decentralization and privacy features in an “Ask Me Anything” on Reddit yesterday. The team sought to assure that the project’s foundation does not have control over the…
“# CipherTrace expands to cover Binance Smart Chain amid wave of exploits ” Cryptocurrency and blockchain intelligence company CipherTrace has announced analytics support for Binance Smart Chain (BSC) amid a rise in attacks and vulnerabilities on protocols running on the network. In an announcement on May 27, the firm stated that it aims to identify…
“# Shanghai Man: Miners banned, exchanges targeted? Here’s what’s really happening ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. China regulations, FACT or FUD? Normally, this weekly column takes a…
“# Harvard Law BFI throws 10.5M votes behind own proposal to fund DeFi lobby with UNI ” The effect of whales on Uniswap governance is a topic of hot debate once again after Harvard’s blockchain group threw a massive amount of voting power behind its own proposal. The proposal, made on May 27 by the…
“# Carbon-neutral Bitcoin funds gain traction as investors seek greener crypto ” Bitcoin (BTC) has been a hot topic of discussion lately even for those outside the core crypto community, but unfortunately, it’s not for the best of reasons. In particular, the amount of energy required to mine Bitcoin has created concerns for investors who were…
“# Austrian Post combines NFT and NFC tech for digital postage stamp ” Oesterreichische Post AG — Austria’s postal service — is set to adopt even more digital technology protocols for its nonfungible token postage stamps. In a recent announcement, the Austrian Post announced plans for NFC chips to Crypto Stamp 3.0 — the third iteration…
“# Blockchain platform raises $12M to build JavaScript-like DApps ” Reach, a blockchain development platform for decentralized applications, has raised $12 million from investors to further its goals of simplifying the DApp creation process, the company announced on Wednesday. The latest funding round takes the total sum raised by Reach to $48 million as the…
“# Lack of knowledge is main barrier to crypto adoption, new survey says ” Among the many complications associated with cryptocurrencies like Bitcoin (BTC), a lack of knowledge and understanding of crypto is the biggest obstacle for wider adoption, according to a new survey. The Economist Intelligence Unit, the research and analysis division of the…
“# Bank of Canada sees no strong case for a digital dollar — for now ” The Bank of Canada does not see a strong reason for issuing a central bank digital currency, or CBDC at the moment. Timothy Lane, the Bank of Canada’s deputy governor and head of research at the bank’s fintech and…
“# Ren launches bridge to Polygon for seven top crypto assets ” The launch of the new Polygon x RenVM Bridge was announced to Twitter by Polygon on May 28, who emphasized the bridge will allow Bitcoin and other assets to be used on the high-speed and low-cost layer-two. Ren and Polygon have teamed up…