Blockchain News
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Shared ledger fights against fake diamonds in China
The diamond purchasers in China will be informed about their origin. DLT stock chain is cooperating with regional Chinese diamond vendors to make sure customers won’t be deceived. Everledger, worldwide digital storage for diamonds will work with a shared ledger that can verify the originality...
BlockFi raises $50M investments with a valuation of $400M
BlockFi's crypto lending platform has raised $50M in investment led by Morgan Creek Digital. Other investors include CMT Digital, Winklevoss Capital, Castle Island Ventures, Valar Ventures, and two university funds. The organization gathered funds at a $400M valuation. BlockFi CEO Zac Prince said...
MyEtherWallet adds support for Ren and Aave DeFi protocols
The MyEtherWallet (MEW) wallet is expanding its integration with Decentralized Finance (DeFi). On Thursday, August 13, the wallet developers announced the integration with the Aave and Ren projects - they will use the MEWconnect system. MEWconnect is a wallet linking system that was designed...
Coinbase left Blockchain Association after Binance joined it
Cryptocurrency company Coinbase withdrew from the American Blockchain Association after the Binance US exchange joined it. “It is with great disappointment that I announce my immediate withdrawal from the Blockchain Association,” wrote Coinbase's Hermine Wong. "This means Coinbase is...
Libra co-founder will lead Facebook's financial division
Facebook has unveiled a new financial unit called Facebook Financial, which is going to be directed by the co-founder of the Libra blockchain project David Marcus. “Today, we are creating a new group that will monitor everything related to payments / financial services on Facebook,” said...
Pavel Durov denied rumors about the sale of Telegram
After Pavel Durov's team refused to implement the Telegram Open Network cryptocurrency project, reports appeared in the media that the sale of this popular messenger was allegedly being prepared. Recall that the project to launch the Gram token and the TON blockchain network was stopped due to...
Ethereum Classic network hit 51% attack again
The Ethereum Classic (ETC) network has undergone a 51% attack again. On August 6, Bitfly tweeted that its Ethermine mining pool has disabled ETC payments after reorganizing over 4,000 blocks. Today another large 51% attack occurred on the #ETC which caused a reorganization of over 4000 blocks....
Blockstream reveals a new version of the lightning network
Last week, Blockstream released c-lightning 0.9.0, the latest version of one of the popular Lightning Network protocol implementations. The release was titled "Rat poison squared on steroids" (a reference to Warren Buffett's comment on bitcoin, which he called "rat poison...
SEC plans to acquire tools for analyzing smart contracts
The US Securities and Exchange Commission plans to acquire tools for analyzing smart contracts. On July 30, the regulator announced its intention to conclude a contract for the purchase of "tools for analyzing smart contracts in a distributed ledger." The SEC announced its interest in...
Huobi announces launch of DeFi investment fund
Huobi Group, the owner of the Huobi cryptocurrency exchange, is launching a new fund for investments in the Decentralized Finance (DeFi) market. Charlene Wu, who previously worked in the investment department of China Merchant Bank International (CMBI), a subsidiary of one of the largest Chinese...
Developers launched Ethereum 2.0 validator test platform
Ethereum developers have partnered with Consensys and DeepWork Studio to release a "Launch Validator Platform" for the Medalla Testnet, which will launch on August 4th. The goal of the platform is to teach the self-staking process on the Ethereum 2.0 blockchain, which will run on the...
Cardano will become the main competitor to Ethereum
Cardano is planning to become the most attractive network for launching DApps soon. The intention to make the network the main competitor of Ethereum was told by its founder and CEO of IOHK Charles Hoskinson. On Twitter, he wrote that next year, the reputation of his project among DApps developers...
Funds blocked in Maker reached $1 billion
The volume of funds blocked in the MakerDAO DeFi protocol reached $1 billion for the first time, strengthening the project's leading position in the decentralized finance market. This is evidenced by data from the DeFi Pulse. Over the past day, this figure has increased by 6.7%. Blocked funds have...
Lightning-solutions developer Zap raised $3.5 million
The US startup Zap, as part of its investment round earlier this year, attracted $3.5 million in funding. The company disclosed relevant information in a report to the US Securities and Exchange Commission (SEC). Just out: Visa partner Zap secretly raised $3.5 million from the unicorn-maker behind...
Chinese government services use 140 blockchain applications
According to Chinese media reports, the Beijing government is to publish a newsletter reflecting the use of blockchain tech in government services in China. According to him, government services are already using 140 apps running on the blockchain. Apps fall into three categories: data interchange,...
The parent company of BitMEX announces restructuring
HDR Global Trading, the parent company of the BitMEX crypto derivatives exchange, announced the restructuring and creation of a new holding organization called the 100x Group. “100x will become the holding formation for HDR and assets, including the BitMEX platform,” said co-founder Arthur...
Fork of Brave changed name due to legal threats
Braver, a fork of the Brave browser, announced a name change due to legitimate threats from the developers of the original project. Braver is now called Bold Browser. The controversy arose because the name Brave is too related to Braver. Brave CEO Brendan Eich confirmed that he intended to take...
SEC introduces accelerated proposal review process
The US SEC announced that it intends to simplify the application process for investment companies, which could also significantly accelerate decision-making on proposals from cryptocurrency and blockchain companies. On July 6, on its website, SEC announced that it had voted in favor of an...
Blockchain is an extremely popular technology nowadays. Back in 1991, Nick Szabo has described the tech but did not find a way to bring it to life. Two decades later, in 2009, mysterious Satoshi Nakamoto realized Szabo's idea, and blockchain had become the basis of the famous Bitcoin.
And what do we have today? A system that gathers all the cryptocurrencies, that is changing the banking system and brings modifications to our everyday life. P2P transactions, distributed ledgers, and many other technical features are becoming a part of financial systems. Democratic governments are implementing blockchain in more and more fields of public administration, and this is just the tip of the iceberg. And that is the reason to become aware of these innovations.
Our platform will provide you with the latest blockchain news, will notify you about upcoming events, and give you some practical information, which will surely be useful.
It doesn’t matter you are a technical person or not if you are here on Blockchain Today, keep reading our news, be aware of the latest updates in the industry, discuss the articles with the community members, and don’t forget to find us on social media!
