Cost efficiencies, improved liquidity, 24/7 market access, and the removal of intermediaries were the main advantages’ cited which blockchain infrastructure has over current legacy systems.
New Cosmos whitepaper repurposes ATOM token and refines vision
The news comes a couple of weeks after research firm Delphi Labs announced it would shift the focus of its research and development efforts toward the Cosmos ecosystem.
Blockchain firm sues Coinbase for $350M alleging patent infringement
The plaintiff, Veritaseum believes that other centralized and decentralized crypto exchanges may have also unlawfully used the patent to facilitate crypto payments, trading, and staking services.
Ethereum co-founder Vitalik Buterin shares vision for layer 3 protocols
While layer-2 protocols have been focused on “scalability,” layer-3 protocols would serve a much different purpose, says Ethereum co-founder Vitalik Buterin.
SEC lawsuit claims jurisdiction as ETH nodes are ‘clustered’ in the US
The SEC argues that as ETH validators are concentrated more densely in the United States, ETH transactions are seen as taking place in the country.
Decentralized exchange GMX suffers $565K price manipulation ‘exploit’
A founder of a DEX competitor to GMX said on Sept. 2 that an exploit could be pulled off on GMX which could leave GLP holders short. 16 days later, it happened.
Ripple, SEC case heads for conclusion after ‘summary judgment’ filed
Ripple argued that XRP profits came from “market forces of supply and demand” rather than any contract between Ripple and XRP token holders.
Dogecoin becomes second largest PoW cryptocurrency
Following the Ethereum Merge, Dogecoin now only trails Bitcoin as the biggest proof-of-work cryptocurrency.
‘Green ETH’ narrative to drive investment and adoption, says pundits
Post-Merge Ethereum has now detached itself from the “crypto mining is bad for the environment” narrative, following its transition to proof-of-stake.
Breaking: Historic day for crypto as Ethereum Merge to proof-of-stake occurs
The Ethereum proof-of-stake consensus mechanism will cut energy consumption by a massive 99.95% compared to the proof-of-work system.
Magic Eden defends launch of NFT royalty enforcement tool
MetaShield works by enabling creators to flag an NFT or blur the image if the listed or traded NFT bypasses creator royalties.
Bitcoin is the perfect settlement layer to build apps on top of: Hiro CEO
Bitcoin programmability may also help further drive Bitcoin adoption as both a technical and financial layer in our society, which in turn may “drive up the price” over the long term.
$491B asset manager KKR’s health care fund tokenized on Avalanche
To access the fund on the Securitize protocol, investors need to submit their passport, fill out personal and tax information and complete a “liveness check.”