Paying more than $8,000 in fees, an unknown developer has prematurely deployed Curve’s tokens and contracts resulting in an unexpected launch. Decentralized finance (DeFi) project Curve has been forced to launch its DAO and governance token CRV prematurely after an anonymous developer deployed the contracts without the knowledge of the official team. The developer tweeted…
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A single mistake cost them everything. The now notorious project, Yam.Finance, was launched without a proper code audit just like many other projects in the space. Richard Ma, the CEO of blockchain security company Quantstamp, told Cointelegrpah that many DeFi projects are launched unaudited in order to capitalize on reverse psychology: “Not having an audit…
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Wibbly wobbly, timey wimey stuff is about to become non-fungible. BBC Studios has officially entered the blockchain gaming space after partnering with Reality Gaming Group to develop a digital trading game for the popular TV series, Doctor Who. This marks the first time that the British public service broadcaster has used blockchain technology to market…
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Your next job might hire you using the Blockchain. Persol Group, one of the largest human resource companies in Japan, has partnered with major Japanese IT and electronics company, NEC Corporation, to build a new blockchain-powered recruiting platform. Persol Group is one of the largest staffing companies in the country, with 32,000 employees and a…
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Ethereum has been going skyhigh in more ways than one. According to blockchain data platform Blockchair, the average transaction fees paid by Ethereum users have reached a new record average of over $7.50. Average Ethereum transaction fee in USD chart. Source: Blockchair During a similarly congested period from June – July 2020, Ethereum co-founder Vitalik…
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Blockchain company Apollo Fintech touts its new system as tonic for national digital currency headaches. Blockchain firm Apollo Fintech has announced the completion of its National Payment Platform, or NPP on August 12. This new blockchain platform is a cashless system that supposedly enables a central bank to issue central bank digital currency for national…
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We look at the data from Google and DeFi protocols to uncover what’s behind the inexorable rise of LINK? Chainlink (LINK) has experienced a meteoric rise this year, becoming a top five crypto asset by market capitalization. We took a look at the data from the decentralized finance space (DeFi) as well as Google to…
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A Yam Finance code flaw saw the project ask investors to pledge to save the platform. Not enough have. The future of the Yam Finance yield farming protocol hangs in the balance as it awaits token deposits for a governance vote that could save the project. With less than five hours to go, Yam is…
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Collaborating with the government is never easy. Back in July, the Beijing government released its first blockchain application blueprint concerning government services in China. According to Neo Wang, managing partner at public blockchain CWV, this application fell far short for people interested in contributing to the initiative. He told Cointelegraph China that the bar for…
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Sounds like Cardano is already contributing to the gig economy. In a recent Cointelegraph interview, Aparna Jue, a product director at IOHK, the Cardano (ADA) development company, opined that even at the current stage of its development, the platform is much more than just a wallet. Cardano recently migrated from the Byron to the Shelly…
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