PUBG meets Cosmos Krafton, the company behind PlayerUnknown’s Battlegrounds (PUBG), is venturing into Web3 with Settlus, a Cosmos-based blockchain project specifically designed for the creator economy. Settlus aims to provide content creators with a payment platform that streamlines transparent settlement processes. The South Korean gaming giant’s project was announced at the Korea Blockchain Week’s Circle Hacker House event, co-presented by…
Month: September 2023
How to strike a balance between blockchain transparency and privacy: Nansen CEO
The world may be moving in a direction where people are more comfortable in having their assets and ownership available for everyone to see, according to Alex Svanevik, the CEO of blockchain analytics firm Nansen. In an interview with Cointelegraph’s Zhiyuan Sun, Svanevik highlighted how a balance between privacy and transparency may be attained in the world of blockchain analytics.…
DeFi as a solution in times of crisis
The 2020s have been a challenging decade so far, yet the transformative power of blockchain technology offers a better path forward. Born from crisis Around the globe, times are tough for many everyday people. Increases in cost of living minimized any growth in wages last year as inflation continues to take its toll. Additionally, world powers such as China and…
Polygon 2.0 – MATIC conversion to POL outlined in preliminary improvement proposals
Polygon Labs’ vision of an interconnected layer 2 Ethereum ecosystem powered by zero-knowledge cryptography begins in earnest following three inaugural improvement proposals that will begin the transition to Polygon 2.0. The scaling technology firm unveiled Polygon 2.0 in June 2023, outlining plans for a scaling ecosystem made up of four protocol layers. The staking, interop, execution and proving layers all…
Are state digital currencies even possible?
In July, the American state of Wyoming shared an open job position for the head of its Stable Token Commission. The executive will work alongside Wyoming’s governor, state auditor, state treasurer and four expert appointees to bring the state’s very own stablecoin to life. While Wyoming was the first to pass a law on a state stablecoin, it isn’t the…
Ethereum’s active addresses second-highest in history: analysts
Through an examination of Ethereum’s (ETH) on-chain activity, market intelligence platform Santiment has published a report indicating that the count of daily active Ether addresses experienced a notable increase, reaching around 1,089,893 on Sept. 13. This recent upsurge represents the second-highest number of daily active addresses ever recorded in Ethereum’s history. The highest count was registered on Dec. 9, 2022,…
Coinbase CEO champions DeFi, calls for court action to set legal precedent
Coinbase CEO Brian Armstrong cautioned the United States Commodities and Futures Trading Commission to avoid taking enforcement actions against DeFi protocols. Source: https://cointelegraph.com/public/index.php/news/coinbase-ceo-champions-de-fi-urges-court-action-to-set-legal-precedent
How to identify and protect against routing attacks in the Lightning Network
Payment channels in the Lightning Network enable users to conduct transactions without having to log each one on the Bitcoin blockchain, which lessens congestion and costs. However, like any network, the Lightning Network is not immune to security threats, and routing attacks are one of the potential risks. The effectiveness of the network may be affected by these attacks, and…
Deutsche Bank To Offer Crypto Custody With Swiss Fintech Taurus
Taurus–a Swiss fintech for enterprise-grade crypto services–has announced an agreement with Deutsche Bank to establish digital asset custody. Alongside crypto custody, Deutsche Bank will also use Taurus’ infrastructure to offer tokenization services for its customers, as per a press release shared with Decrypt. “We look forward to supporting the bank in launching digital assets and DLT-based products,” said Lamine Brahimi,…
Deutsche Bank taps Taurus for global crypto custody services
The German bank was one of a handful of company’s to invest in a $65 million, series B fundraising round for Taurus in Feb. 2023. The company offers enterprise-grade infrastructure to issue, manage custody and trade cryptocurrencies, tokenized assets, nonfungible tokens (NFTs) and other digital assets. According to Taurus co-founder Lamine Brahimiaurus, the partnership underwent a “thorough and very detailed”…