Category: Technology

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Users need to go under the engine in Web3 — HashEx CEO

HashEx CEO Dmitry Mishunin summarizes Web3 as read, write, own — a “crazy responsibility” for the end-user. Hacking in Web3 is easy because it uses the same pattern that’s been used since the inception of the internet — pretending to be someone else.  Due to the complexity and the “cool factor” of Web3 projects, one…
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Crypto adoption in 2022: What events moved the industry forward?

While the crypto market in 2022 was hit by a slew of insolvencies and daily volatility, adoption seems to have continued apace on the global level. It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many positive news stories appeared…
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Ripple CEO optimistic about US ‘regulatory clarity for crypto’

Support for cryptocurrency regulation in the United States is “bipartisan & bicameral” according to Ripple CEO Brad Garlinghouse. Ripple’s CEO, Brad Garlinghouse, shared in a Jan. 3 Twitter thread he’s “cautiously optimistic” about the United States gaining “breakthrough” regulatory clarity for the cryptocurrency industry in 2023. To mark the first day of the 118th Congress,…
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TON Telegram integration highlights synergy of blockchain community

Independent developers from The Open Network community developed a Telegram bot for trading and transferring cryptocurrency. As a result of a recent upgrade to the wallet bot, users of the Telegram app are now able to purchase and sell cryptocurrencies without leaving the application. The wallet bot was developed by The Open Network (TON, formerly…
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Sustainability: What do DAOs need to succeed in the long run?

The growing presence of projects identified as DAO raises the question: What makes them sustainable across time and technology changes? The rising popularity of decentralized autonomous organizations (DAO) reflects the growing tendency toward the creation of community-focused projects within the Web3 ecosystem.  At its core, a DAO is an organizational structure that allows decentralized decision-making…
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How blockchain technology is used in supply chain management?

Blockchain benefits the supply chain industry by enhancing the traceability, transparency and tradability of goods and services that move along the value chain. The future of blockchain-based supply chain? The demand for the blockchain-based supply chain is driven by customers’ need to know the specific source of their items and whether they were made according…
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Polkadot incentivizes its community to fight scams through an “anti-scam bounty”

Polkadot said it rewards community members in a consistent manner with bounties paid in USDC. Polkadot, a protocol that connects blockchains, has announced its latest initiative to help its ecosystem fight scams.  According to the company, relying on security-minded individuals within its community to fight scams has proven to be an effective method of safeguarding…
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Casper Association launches $25M grant to support developers on its blockchain

To complement the launch of its grant program, Casper said it will provide education to support developers and innovators on its network. Scalable blockchain network Casper announced the launch of its new Casper Accelerate Grant Program on Nov. 23, created to support developers and innovators who are building apps to support infrastructure, end-user applications, and research…
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OKX releases Proof of Reserves page, along with instructions on how to self-audit its reserves

The page includes a “view OKX reserves” option that provides reserve ratios for BTC, ETH, and USDT at a glance. Crypto exchange OKX has released a Proof of Reserves page that allows users to audit its reserves to make sure it is solvent. This comes at a time when crypto exchanges are coming under greater…
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1inch seeks to optimize gas costs with its new v5 router

The new router features a number of updates, including an improved smart contract error processing system. According to 1inch, users’ gas costs for swaps will be at least 10% lower than its previous offerings in the DEX segment, thereby, making swapping activity on the Ethereum network more profitable for its users. In the Router v5, 1inch…
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