Defining the concept of offline staking, what benefits and risk it poses, and how it could transform the user experience. Are there any examples of projects offering offline staking? Unfortunately, it’s still the case that most staking, whether directly under a pure proof-of-stake model or indirectly using a delegated proof-of-stake consensus, is online. This usually…
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The EOS-based DeFi project announced a token swap to support its newest product. Having set up shop on Polkadot just a week and a half ago, an EOS-based decentralized finance project called Equilibrium is launching a new governance token called EQ. EQ is perhaps the next generation of Equilibrium’s NUT, the platform’s first governance token…
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This is one instance where the ransomware gang got away with it. The University of Utah’s College of Social and Behavioral Science confirmed that they were hit by a ransomware attack on July 19. According to a statement issued by the University, the gang left many computers inaccessible for several hours as staff took servers…
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Akoin president Jon Karas says Akon’s crypto city could be the proving ground African economies need. The businessman behind Akon City, the 2,000-acre crypto project in Senegal ‘powered by’ Akoin tokens, has explained how the futuristic $6 billion city will work. Co-founded with singer Akon, the whitepaper for the Akoin cryptocurrency published in March, says…
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Daegu is still in the race for blockchain dominance. Daegu, the fourth-largest city in South Korea, recently announced their plans to allocate over $6 million towards blockchain and artificial intelligence education. According to Up Korea, Daegu’s officials aim to solve what they consider a “serious shortage of resources in the core technologies of the 4th…
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This in turn could reduce the headaches involved when achieving consensus. Bison Trails, a Blockchain infrastructure-as-a-service provider, has created double-signing protection software, or DSP, which aims to address the slashing penalties associated with double signing messages. According to the company, many digital asset holders consider slashing penalties to be one of the “main risks” of…
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A Bitcoin Cash upgrade that would mandate all newly minted blocks donate 8% to development is threatening to drive a hard fork in November. Bitcoin ABC, the dominant implementation of Bitcoin Cash (BCH), has published a controversial new upgrade that BCH supporters must deploy prior to November 15 to facilitate changes to the crypto asset’s…
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Guardicore Labs explains that FritzFrog uses a brute-force attack on millions of addresses to gain access to servers. According to a study published by Guardicore Labs, a malware botnet known as FritzFrog has been deployed to ten millions of IP addresses. The malware has largely targeted governmental offices, educational institutions, medical centers, banks, and telecommunication…
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Crypto adoption appears to be unstoppable in the tourism sector. Travala.com has announced that they will incorporate VeChain’s VET token as a payment option for travelers on their crypto-friendly booking platform. Users can now use the token to book homes and hotels around the world. Juan Otero, CEO of Travala.com, believes that through the partnership,…
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XRP contributes to the development of CBDCs and stablecoins, says key exec. XRP, the world’s third largest cryptocurrencies by market capitalization, is not competing with national digital currencies like the forthcoming digital yuan, according to a senior executive at Ripple. Emi Yoshikawa, senior director of global operations at Ripple, claimed that XRP does not compete…
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