blockchain
In-depth research, opinions, and analysis of blockchain trends.
Oasis Labs Partners With Equifax To Power On-chain KYC Solution
<p>On Wednesday, Oasis Labs, a privacy-focused cloud computing business, and Equifax announced a new relationship. Oasis Labs will leverage Equifax’s identification, fraud, and compliance data, which drives its consumer credit report software, to power its decentralized identity management and KYC offering. The agreement announced today would enable the Oasis Network to provide KYC due diligence</p>
CZ Says Binance Is Massively Investing In DeFi
<p>CZ has stated on its social platform that Binance is investing in DeFi on a massive scale. Earlier, the Binance executive said the company plans to spend more than $1 billion on potential investments and acquisitions this year. DeFi and NFT projects are among the good options. On October 23, the Binance executive shared on</p>
96% Of Cosmos Community Support Allocation Of 20,000 ATOM To Launch Interchain Security Testnet
<p>Cosmos community approved the proposal to allocate 20,000 ATOM to launch Interchain Security incentive test network with over 96% support. The test network is scheduled to launch in November. On October 5, this community group spending proposal seeks approval to fund 20,000 ATOM worth of incentives for the incentivized Interchain Security test network. The test</p>
Celer Integrates With Aptos Mainnet
<p>Cross-chain interoperability protocol Celer Network announced integration with the Aptos mainnet and now supports the bridging of USDC, USDT, WETH, WBTC, and DAI between Ethereum and Aptos, and the bridging of BUSD and BNB between BNB Chain and Aptos. cBridge smart contracts on Aptos have been fully audited. Since the bridging smart contracts on Aptos</p>
Aptos Petra Wallet Security Bugs Detected And Fixed In Time
<p>Aptos Petra Wallet announced that the Aptos Labs team has found a bug in Petra. Petra has confirmed and said the bug has been fixed and a new version will be released to the Google App Store soon. In an announcement on October 21, Aptos Labs discovered an error related to account creation in Petra</p>
Celestia Labs Completes $55M In Funding Led By Bain Capital Crypto And Polychain Capital
<p>Celestia Labs, the modular blockchain team Celestia announced it has raised $55 million in support from rounds led by Bain Capital Crypto and Polychain Capital. The fundraising turned the blockchain into a $1 billion unicorn and is 4x oversubscribed. On October 19, Celestia Labs, the Celestia modular blockchain team, announced the completion of a $55</p>
Turkey Deploys The Country’s e-Human Project Powered By Blockchain
<p>Turkish President Recep Tayyip Erdoan revealed additional facts about the blockchain-powered e-Human initiative ahead of Turkey’s national blockchain summit. According to Cointelegraph Turkey, the e-Human project would employ blockchain technology to safeguard all services, data, and capabilities the system uses. Despite its sci-fi moniker, Turkey’s e-Human initiative serves as a digital service point where the</p>
Optimism Introduces Modular Components OP Stack
<p>Ethereum Layer-2 solution Optimism introduced the OP Stack, a set of modular components that can be assembled to build custom chains to fit any use case. It’s a series of modules that work together to form coherent, reliable blockchains. Optimism said that via shared sequencing and messaging layers, the boundaries between the op-chains of the</p>
South Korea Will Provide Blockchain-Based Digital IDs To Citizens By 2024
<p>South Korea plans by 2024 to offer blockchain-secured digital identities to citizens using smartphones as it reaches out to a tech-savvy population to boost economic growth. The goal of the plan is to find a way to be adopted by 45 million people within two years. According to Bloomberg, South Korea plans to roll out</p>
Optimism Correction Total Supply Will Grow At 2% Per Year
<p>Optimism has corrected its total supply information stating that it will expand at a rate of 20% per year which is an incorrectly set rate. Contract logic will be updated to 2% expected later today. On October 11, Optimism, Ethereum’s layer 2 solution, released a document stating that when the OP token is launched, the</p>
Matter Labs Intended To Launch Layer 3 Testnet In Q1 2023
<p>In Q1 2023, Matter Labs will deploy a public testnet for an Ethereum scaling prototype named ‘Pathfinder,’ which might be the first Layer 3 network built on top of Ethereum. Matter Labs is the Ethereum development company behind zkSync, an Ethereum Layer 2 network slated to launch this month. A Layer 2 network sits on</p>
How Did Solana’s Recent Outgate Incident Happen?
<p>According to a Solana Foundation update, the recent Solana blockchain downtime was caused by a bug in the blockchain’s code and was afflicted by a failing hot spare node, resulting in duplicate blocks. When a validator operates a second node that is online and meant to be utilized as a backup if the primary one</p>
Argo Blockchain Plummet As It Announces Proposal To Fund $34 Million
<p>On Friday morning, Argo Blockchain presented a proposal to strengthen its balance sheet in the face of falling bitcoin prices and soaring energy costs, shattering investor confidence. The London-listed company intends to sell 3,400 mining machines for a total of £6 million ($6.8 million) in cash. According to a press statement, it will also raise</p>