OKCoin is delisting bitcoin cash (BCH), a fork or “clone” of bitcoin, as well as its own fork, bitcoin sv (BSV), both as a way to protect neophyte clients who are trying to buy bitcoin and as a statement of principle. Shared exclusively with CoinDesk before Friday’s announcement, the exchange’s higher-ups decided to scuttle the
An “enterprise blockchain” is a type of permissioned blockchain that can be used to streamline business processes at scale, such as track supply chain goods or settle global payments. Corporations believe this type suits their needs better than a public blockchain network, such as Bitcoin, because the visibility of their data can be restricted to
Polkadot parachain Clover Finance has closed a $3 million seed round for building a bridge between Ethereum and Polkadot, in addition to a planned future bridge with the Bitcoin blockchain. The round was backed by Polychain, Hypersphere, Bithumb Global and Divergence Ventures, according to a blog post shared with CoinDesk. Clover isn’t alone; it joins
Ethereum developers have scheduled the Berlin hard fork for April 14 at block height 12,244,000, according to the Ethereum All Core Developers meeting Friday. The hardfork includes various optimizations for contracts including gas efficiencies, updates to how code is read by the Ethereum Virtual Machine (EVM) and other changes to protect against denial-of-service (DDOS) attacks.
The Secret Network, a protocol focused on privacy for decentralized finance (DeFi), has launched SecretSwap, a front-running resistant and cross-chain decentralized exchange. It is now live on the Secret Network mainnet. SecretSwap uses the SNIP-20 secret token standard and Secret Ethereum bridge. “SecretSwap is the first front-running resistant, cross-chain [automated market maker]. Its architecture (being
At 6:00 UTC Thursday, the Stargate upgrade of Cosmos will go live. The Cosmos community recommends that interested observers follow along by watching the @cosmos account on Twitter. Stargate represents an important milestone for the Cosmos project on the way to launching its inter-blockchain communication (IBC) protocol that will allow the 200+ Tendermint-based blockchains to
A flash loan is relatively new type of uncollateralized lending that has become popular across a number of decentralized finance (DeFi) protocols based on the Ethereum network. These types of loans have made headlines recently because they have been used to exploit a number of vulnerable DeFi protocols, leading to millions of dollars in losses.
Android versions of popular cryptocurrency app Bitcoin Ticker Widget and a seeming clone of Steemit, Steemit Earn Money, included software development kit (SDK) tools that extract extensive data on users in the past and are potentially linked to location tracking code from X-Mode a notorious data tracking company, according to a new report from Express
Coinbase’s waitlist for Ethereum 2.0 staking is live. Per a press release shared with CoinDesk, Coinbase customers can now sign up to stake their ETH into the Beacon Chain smart contract, the coordinator and bridge between the old Ethereum and Ethereum 2.0, the network’s momentous migration to a proof-of-stake network. This upgrade will do away
Blockchain startup Unstoppable Domains has integrated with web infrastructure firm Cloudflare to enable direct access .crypto domains within any web browser. Announced Tuesday, the new service uses Cloudflare’s Distributed Web Resolver to link to decentralized websites though .crypto addresses, instead of requiring a browser plug-in. A .crypto address can now be accessed in the same
An Ava Labs engineer gave a rundown of the small code bug that severely crippled the Avalanche blockchain earlier this week. In a Sunday Medium post, blockchain engineer Patrick O’Grady wrote that increased congestion on the network triggered a “non-deterministic bug” related to how the high-throughput, proof-of-stake blockchain keeps track of transactions. Funds were never
Seven female coders from Iran got scholarships and graduated from a bootcamp of ConsenSys Academy, Ethereum startup incubator’s educational branch. The scholarships, a part of ConsenSys’ global program to help developers start coding on the Ethereum blockchain, might provide additional opportunities for people in the country largely cut off from the international tech community. Women
It will take 21 years for the rest of the world to mine as much of the Chia (XCH) cryptocurrency as the company behind it will have on the day its mainnet launches next month. “We believe that chia, a new digital currency built on our new blockchain with radically different features and security than
Rows of latest-model laptops, highly sought after by the gaming community, have been spotted in China being used to mine cryptocurrency. In tweets posted on Wednesday, images show a room filled with “several hundred” gaming laptops said to be kitted out with Nvidia RTX 30-series graphics processing units (GPUs). WCCTech, a computer and gaming publication,
The Avalanche network has come to a near halt after “a bug in the cross-chain functionality” code that enables the Avalanche protocol and the Ethereum Virtual Machine (EVM) to speak with each other failed under high loads, according to the Avalanche developer team on Reddit. The release of Avalanche’s newest decentralized finance (DeFi) product money
Pantera and Lemniscap have led a $4.4 million round for Reflexer Labs, the creator of a new gentlecoin, one that follows ETH’s price, minus the volatility. Several backers from its prior round followed on. If a purely crypto token had an easily conceivable value relative to real products (for example, one token consistently equaled, say,