Stanford University professor David Tsè said his team’s research had revealed a security property between Bitcoin and proof-of-stake protocols. Less than a year after proof-of-stake (PoS) became the consensus mechanism for the Ethereum blockchain — the industry’s largest blockchain network — researchers have found that PoS can complement Bitcoin. Stanford University professor David Tsè spoke to Cointelegraph at the…
Making the European Central Bank accessible to payment companies other than traditional banks would allow users to redeem their stablecoins directly for cash. Within 11 days in March, four banks in the United States and one in Switzerland collapsed. First Republic Bank followed in May. Three of the four largest-ever U.S. bank failures occurred in those two…
The decentralized exchange gets a Polkadot version via the Moonbeam network. The Uniswap crypto exchange will soon be available on Moonbeam, a parachain of Polkadot, according to a May 17 approved proposal on the exchange’s governance forum. The proposal was put forward by educational group Blockchain at Michigan. It passed with near-unanimous support, with only a single…
The program offers a maximum reward of $15 million for anyone who identifies vulnerabilities classified as high severity. Cross-chain messaging protocol LayerZero and security platform Immunefi have teamed up to launch a $15 million bug bounty program. The program offers a maximum reward of $15 million for anyone identifying a vulnerability at the highest severity level. According…
What is GameFi, and how does it work? GameFi is a term used to describe “game finance,” as it integrates traditional gaming and decentralized finance (DeFi) using blockchain technology. GameFi employs blockchain technology to create decentralized gaming marketplaces offering players different economic incentives and financial opportunities through play-to-earn blockchain games. Players can earn cryptocurrency by playing games or participating in various…
Airdrops can be a great way to engage communities, but they also come with risks — from Sybil attacks to potential regulatory liability. Airdrops have emerged as a powerful tool for token distribution, user acquisition and community building as the blockchain industry has grown. They provide a unique opportunity for projects to distinguish themselves, incentivize…