Category: Technology

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‘Decentralized Reddit’ enables users to secure Twitter on the blockchain

Discussions.app and Telos will collaborate on tools to record Twitter and other social media accounts and contacts to the blockchain enabling migration between platforms. Reddit-inspired social aggregation platform Discussions.app announced its expansion to the Telos network on Sept. 3. The first project to come out of the new collaboration will be a decentralized identity system,…
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It’s been 4 months & KeepKey’s hardware is still vulnerable to remote ransom attacks

They are apparently working on other things that are of a higher priority. A Shift Crypto employee successfully deployed a ransom attack on Trezor and KeepKey hardware wallets last May. While Trezor released a fix on September 2, KeepKey has yet to fix the issue. According to a blog post published on September 2, the…
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Researchers are calling this new malware a triple threat for crypto users

The surrounding threat level is low, but there are fears it could increase. Cybersecurity experts at ESET published an in-depth study about a new malware named “KryptoCibule.” This exploit specifically targets Windows users with three methods of attack, including by installing a crypto mining app, directly stealing crypto wallet files, and replacing copy/pasted wallet addresses…
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The Care Bears’ Care-a-Lot Kingdom is coming to The Sandbox Metaverse

1980s kids favorite, The Care Bears, brings its values of caring and understanding to The Sandbox Metaverse. Blockchain-enabled gaming world The Sandbox announced a partnership with Care Bears owner Cloudco Entertainment on Sept. 2 that will bring a virtual representation of Care-a-Lot Kingdom to the platform. Players will be able to explore the Care-a-Lot environment…
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Logistics system provider will connect Dutch ports via blockchain

Logistical management continues to be one of Blockchain’s golden use cases. Dutch logistics solutions provider, Portbase, has successfully completed the first phase of their integration with blockchain-based platform, TradeLens. Together, they will handle operations and core processes for ports in Amsterdam and Rotterdam. According to the announcement, both Portbase and TradeLens expect to create a…
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Binance launches Ethereum-compatible blockchain to pursue DeFi

Binance wants to stay ahead of the DeFi trend. After teasing the upcoming blockchain in April, Binance has launched the mainnet of its Smart Chain — a smart contract-enabled blockchain running in parallel to Binance Chain. Binance Smart Chain comes with an Ethereum Virtual Machine-compatible environment, which allows Solidity developers to move into the new…
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UMA overtakes Yearn.Finance as the biggest ‘DeFi’ protocol on Ethereum

UMA overtook yearn.finance to become the largest DeFi project on CoinMarketCap with a $1.3 billion market cap. The decentralized finance (DeFi) landscape is rapidly changing day after day. On Sept. 1, UMA overtook yearn.finance as the biggest “DeFi” protocol on Ethereum with a $1.3 billion market cap. Data from CoinMarketCap shows six DeFi projects are…
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Three of Australia’s “big four” banks bring bank guarantees on blockchain

Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days. Three of the “big four” Australian banks are forming a new company called Lygon to digitize bank guarantees using blockchain technology.  Bank guarantees are an official contract between a debtor and a financial institution. It ensures the debtor and the debt provider…
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Secret contracts may soon bring privacy features to public Blockchains

Programmable privacy is about to become a reality. Open-source Blockchain protocol Secret Network announced its intention to add privacy-based secret contracts to its mainnet. The upgrade will take place on September 15 once the proposal is passed by the community. According to the foundation’s announcement, developers will have the opportunity to build and deploy so-called…
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Cred to enable in-app staking through Klever wallet

Crypto wallet app Klever will allow users to stake cryptos in Cred’s staking programs from within the wallet. Cryptocurrency wallet platform Klever will allow users to stake Bitcoin (BTC), Ether (ETH), Tron (TRX) and other cryptocurrencies in Cred’s staking programs from within the wallet. Cred is a cryptocurrency staking and lending platform that allows users…
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