Investors who are barred from buying tokens that run on proof-of-work systems may be able to buy ether after the blockchain switches to proof-of-stake, the bank said. This content was originally published here.
The largest cryptocurrency by market capitalization was recently trading at about $23,300, up slightly over the last 24 hours and roughly where it started the weekend. Bitcoin fell below $23,000 early Friday following the U.S. Labor Department report – which doubled most analysts’ expectations for July job growth – before regaining its previous perch above Continue Reading…
Eastman is partnering with TextileGenesis to add track-and-trace solutions to its Naia-branded porfolio. Naia cellulosic yarns and fibres – including Naia Renew, made with renewable bio-based and molecularly recycled waste – are now fully traceable from raw materials to the final garment. Using advanced digital technologies and supply chain modelling, TextileGenesis traces every phase of Continue Reading…
Fibre producer Asahi Kasei Europe has joined a pioneering project on blockchain technology for the ISCC PLUS certification scheme. Led by the Dutch software provider Circularise and the Japanese trading company Marubeni, the project aims at enhancing the efficiency of the certification process and the integrity of the certified data. In order to achieve its Continue Reading…
A large-scale crypto heist that occurred last night could be the fourth largest of all time. A cryptocurrency portal, Wormhole, has been hacked and funds stolen valued at $300–330 million. Confirming the hack yesterday, Wormhole has since patched the exploit in its system which allowed hackers to steal nearly 120,000 wETH, a 1:1 exchangeable token Continue Reading…
2021 was a breakout year for the cryptocurrency sector and this year is expected to see an extension of the “mass adoption” trend. Public awareness of blockchain technology is on the rise and a new cohort of projects designed to fill more niche roles in society are likely to emerge in the coming months. Three Continue Reading…
“While [decentralized finance] and overall blockchain activity have been on the downside, game Unique Active Wallets (UAW) continues to rise, reaching almost 1 million daily wallets,” Pedro Herrera, DappRadar’s head of research, told CoinDesk in an email. “Although game tokens also suffer from challenging market conditions, blockchain games continue to be played at growing ratios. Continue Reading…
Stop me if you’ve heard this one before: An NFT project sells a ton of tokens, making a shit ton of cash in the process for a thing that probably will exist in the future. Then the project and folks involved disappear with the money, leaving those who bought into it screwed. Well, it’s reportedly Continue Reading…
The distributed ledger is the fundamental technology behind blockchains like Bitcoin and Ethereum. The latest report, titled “Are Blockchains Decentralized?” by security research firm Trail of Bits, poses a question on the thesis of decentralization as the longstanding notion of blockchain, arguing that it may be more centralized-oriented than the crypto industry tends to think. Continue Reading…
An army of computer programmers scattered across the globe is set to attempt one of the biggest software upgrades the crypto sector has ever seen this week to reduce its environmentally unfriendly energy consumption. Developers have spent years working on a more energy-efficient version of the Ethereum blockchain, a digital ledger that underpins a multibillion-dollar Continue Reading…
