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Blockchain
Leased proof-of-stake (LPoS), explained
Understanding leased proof-of-stake LPoS is a type of PoS meant to increase mining power, address inherent issues found in PoW, and improve other types of PoS, such as delegated…
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SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan
SBI Holdings and TradeFinex will look to drive trade finance adoption of the Ethereum Virtual Machine-compatible enterprise blockchain XDC Network through a new joint venture in Japan.United Arab Emirates-based firm TradeFinex operates…
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Median Web3 developer salary stands at $128K in 2023
A typical Web3 developer has a median salary of $128,000 in 2023.According to a recent survey by Pantera Capital, the highest Web3 engineer salaries are in North America at $166,610, followed by $102,226 in Europe, Middle East and…
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Hashkey HK opens AVAX trading with $1M portfolio requirement
Hong Kong crypto exchange Hashkey, the first to receive a retail crypto license in the Special Administrative Region (SAR), will open Avalanche (AVAX) trading on its platform. However, there is a catch.According to the September 27…
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Bahrain’s Bank ABC using JPMorgan’s Onyx blockchain for cross-border payments
Bahrain-based Bank ABC will use JPMorgan’s Onyx Coin Systems for blockchain-based cross-border payments in a soft, or limited, launch. The new service will be more cost effective and reduce settlement times relative to traditional…
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$200M Mixin Network hack draws controversy
Hong Kong-based decentralized cross-chain transfer protocol Mixin Network is drawing controversy over the disclosure of a $200 million hack on Sept. 25.In a post on Sept. 25, Zhuoer Jiang, CEO of Bitcoin mining pool BTC.TOP, claimed that…
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Miss Universe denies link with recently unveiled coin project
The Miss Universe Organization has denied any association with the Miss Universe Coin project announced at the Philippine Blockchain Week (PBW) event held earlier this month. PBW said it is in contact with all involved parties and will…
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DeFi activity on the decline, but investment rolls in: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.A new analysis by investment management fund…
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Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs
Cryptocurrency mining hardware maker Bitmain and bankrupt crypto mining firm Core Scientific have agreed on a combination of equity and cash to finalize the deal on expanding mining facilities. The deal between the two mining companies…
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Farmville co-creator-led company raises $33M to create Web3 games
Proof of Play, a company led by Farmville co-creator Amitt Mahajan, raised $33 million to create Web3 games, according to a Sept. 21 announcement. Majahan is the CEO of Proof of Play, and Twitch co-founder Emmett Shear is a board…
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