Details of the dForce hack led to many in the DeFi community to question the security practices of the firm, which many believe cloned Compound’s code. The hacker who stole $25 million in crypto on April 19 from decentralized finance, or DeFi, protocol, dForce, has since returned the money. Most signs indicate that this was…
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A Shell-backed blockchain startup has raised $2.5M to build an enterprise platform featuring zero-knowledge proofs. Applied blockchain, a Shell-backed distributed ledger technology, or DLT, firm, has secured $2.5 million in funding for applications that use zero-knowledge proofs, or ZKPs, in the context of business-to-business transactions. The funding round was led by Hong Kong-based venture capital,…
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Emsisoft highlighted a considerable decline in the successful ransomware attacks in the US. An April 21 report by malware lab Emsisoft showed that there was a significant drop in the number of successful ransomware attacks on the US public sector during Q1 2020. The findings show a total of 89 organizations were victims of ransomware…
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Bling’s crypto gaming apps have seen a surge of downloads in the wake of COVID-19. US-based crypto gaming company Bling has reported a significant increase in the number of people using its products since most of the world entered various stages of lockdown in response to the COVID-19 pandemic. According to statistics shared exclusively with…
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Major South Korean social gaming app GameTalkTalk has rolled out a blockchain project for gamers, which will offer three new features, including rewards. The firm behind major South Korean social gaming app GameTalkTalk has rolled out a blockchain project for gamers. The new platform includes a reward-based social media DApp, a matchmaking peer-to-peer gaming platform…
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Billion-dollar industries are using blockchain platforms powered by Hyperledger Fabric to bring trust to traditionally nontransparent markets. Located in San Francisco’s Presidio Heights neighborhood, the Linux Foundation’s office is nestled in a square of red-roofed buildings that resemble homes rather than technology work spaces. Inside the Linux Foundation’s office sits Brian Behlendorf, the executive director…
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Tencent’s digital bank WeBank is integrating the DAML smart contract language for the chain that will undergird China’s national Blockchain-Based Service Network. Tencent’s digital bank WeBank is exploring the integration of the DAML smart contract language for its consortium blockchain FISCO BCOS — the chain that will undergird China’s national Blockchain-Based Service Network (BSN). On…
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A new fast and scalable blockchain platform is making waves with high-profile partnerships and backing from big investors. Another day, another mainnet launch. Or at least, that’s sometimes how it can feel in the blockchain space, as every project seems to be scrambling to be the latest and greatest in balancing the trade-offs between speed,…
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As blockchain-focused jobs increase, universities offer blockchain courses that could help students find job opportunities this year. Blockchain, a term once only familiar to Bitcoin (BTC) enthusiasts, is becoming one of the most in-demand business skills for 2020. According to a recent LinkedIn blog post, blockchain technology is the most sought-after hard skill this year.…
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Devs working on enterprise smart contract platform, Baseline, proposed blockchain-based solutions to coronavirus contact tracing. Developers working on Baseline, an enterprise smart contract and tokenization platform developed by Microsoft, Ernst & Young, and ConsenSys, are working to solve several flaws identified with Apple and Google’s proposal for coronavirus tracking initiatives. Google and Apple propose a…
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