Blockchain News

The House Energy And Commerce Committee has studied 38 drafts as a result of which two proposed laws referring to crypto and blockchain surveys were accepted. Accordingly, blockchain engineering will be analysed more carefully and be the object of voting in the House of Representatives. Darren...

Chef Nomi, the unknown author of the famous DeFi protocol SushiSwap, has assigned the project administration to FTX CEO Sam Bankman-Fried. Earlier, Nomi was a subject for criticism as he converted a part of SUSHI tokens reckoned to promote the advancement of SushiSwap structure, to ether (ETH)....

Yield farmers are excited about Sushiswap, on the other hand, safety experts inform that unverified smart contracts are dangerous. Quantstamp, a blockchain safety leader, has presented ten problems with the platform. It's worth to mention that the problems don't seem to be disastrous- there wasn't...

The Twitter account of Narendra Modi, India's Prime Minister, was attacked. Officials announced that the attacked account was connected with Modi's individual website and mobile app. The criminals called their account "John Wick". They sent messages requesting contributions in Bitcoin...

SushiSwap has crossed $700 million in total value locked within three days of the project announcement. The token is considered to be an "evolution" to Uniswap. Let's compare these two protocols. The main difference is the governance token Sushi, which would be offered to liquidity...

DOT value has tripled almost in eight days which proves again that this project can reach more. Major cryptocurrency funds think that Polkadot hasn't revealed its whole potential yet and can become one of the top 3 cryptocurrencies. At the moment it's listed as the sixth-largest digital asset....

Digital currency derivatives trade FTX has got the famous case monitoring app Blockfolio for $150 million trying to become established in the crypto world. As a result of discussions lasting nine months, the sides signed a contract agreeing to join crypto, stock as well as cash. This purchase...

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'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...

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...

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...

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...

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...

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....

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...

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 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...

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...