Category: Technology

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Developers Release Validator Launchpad for Ethereum 2.0 Final Testnet

Developers released the validator launchpad for ETH 2.0 on July 27, allowing users to participate in the testnet’s Proof-of-Stake. With the Ethereum 2.0 final testnet set to be released on August 4, developers have now opened the doors to validators. According to a July 27 Ethereum blog, the research team behind ETH 2.0 has announced…
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Swiss SIX Exchange Lists Actively Managed Bitcoin ETP

Registered by Swiss crypto investment manager FiCAS, the new Bitcoin Capital Active ETP trades crypto without direct investor involvement. Swiss SIX Exchange, one of the world’s largest stock exchanges, is listing a new cryptocurrency exchange-traded product, or ETP. Dubbed the “Bitcoin Capital Active ETP,” the new trading product represents an actively managed crypto ETP, trading…
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China’s BSN Aims to Integrate With 40 Public Chains Within a Year

He Yifan of Red Date Technology shares the future plans of China’s Blockchain-based Service Network. China’s Blockchain-based Service Network (BSN) will be integrating with some of the most well-known public blockchains over the next 12 months.  He Yifan, CEO of Red Date Technology, the private company behind the BSN, told Cointelegraph that the network aims…
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Ransomware Victims Are Fighting Back Against Their Attackers and Winning

The initiative launched by Europol has stopped $630M+ in ransomware demands since 2016. The No More Ransom decryption tool repository, an initiative launched by Europol to combat ransomware attacks, has saved individuals $632 million in ransom demands since 2016. According to the announcement published by Europol, the repository is celebrating its fourth anniversary. Over the…
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Garmin Could Face Sanctions if $10M Ransom is Paid

The leader of the cybercriminal group Evil Corp reportedly led the attack against Garmin. Garmin, a multinational tech company, has been operating at less than full capacity following a ransomware attack launched by the Russian cybergang, Evil Corp. Garmin is being extorted for a $10 million ransom, to be paid in cryptocurrency. According to a…
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Huawei Files for a Storage-Related Blockchain Patent

Huawei strengthens its blockchain adoption campaign by applying for new storage-based Blockchain patents. Chinese tech giant Huawei recently applied for a new patent related to blockchain technology which deals with storage methods and devices. Huawei holds a number of other relevant patents, covering topics like Blockchain-based settlement methods. According to the Chinese corporate database, Tianyancha,…
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Smart Contract Language DAML Is Now Available on R3’s Corda

R3’s widely-used open source blockchain platform Corda now supports the DAML smart contract language. DAML, a major smart contact language designed for building business-level blockchain applications, has been integrated with R3’s blockchain. Developed by United States’ blockchain startup Digital Asset, DAML, or Digital Asset Modeling Language, is now available on R3 commercial blockchain platform, Corda…
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Tokenization Holds the Key to Sustainable Platform Business Model Growth

In a global economy becoming more and more digitized, blockchain-based tokenization could become a powerful and even perfect tool. Platform business models have become all but the de facto business model for the digital economy. This dependence means that unsustainable practices of platform business models impact the overall sustainability of the digital economy. Regarding the…
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Blockchain Can Help Find a Cure for COVID-19

Bitcoin Depot’s Brandon Mintz says blockchain can help find a cure for COVID-19 which will play a big role in the technology’s adoption. The blockchain community is playing a significant role in helping to develop pharmaceutical drugs to combat COVID-19, as blockchain can bring immense computational power to confirm transactions, and generate new coins, according…
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Crypto Is Next Step in Currency Evolution but Must Adapt to Succeed

What are the main reasons why mainstream cryptocurrency adoption has not yet begun? And why does it remain so complicated? As the human race evolves, our means of exchanging value also continuously develops. From the barter system that dates back to 6,000 B.C. to the present-day use of fiat currency, the human race has been…
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