Cryptocurrency Analysis and News Portal
The Information Commissioner’s Office (ICO) published a statement on 20 January 2023 about the obligations of public electronic communications service providers (CSPs) under Regulation 5A of the Privacy and Electronic Communications Regulations 2003 (PECR). Following feedback received, the ICO removed
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When I entered crypto, I succumbed to the contest between blockchain ecosystems, believing one had to be “better” than others. I have since realized the future of cryptocurrency is bringing with it a variety of platforms that will excel at different things. With the Inter-Blockchain Communication Protocol (IBC), I’ve left
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Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks, has argued. Philion insists that the lack of such
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On August 2, the Nomad token bridge became yet another victim of cross-chain hacking after the protocol suffered a $190 million exploit. Joining a list of casualties alongside Axie Infinity’s Ronin Bridge and Solana’s Wormhole, many industry experts have cast doubt on the future of cross-chain technologies. However, not all
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Solana is a high-speed, low-cost decentralized blockchain that became an attractive base for many decentralized projects. Secretum and Alfprotocol is not an exception. By offering their messaging and decentralized financial services projects seek to expand Solana’s ecosystem. Both Secretum and Alfprotocol teams believe that this partnership will provide users with
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The self-described “Internet of blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains.Comos’ IBC went live on March 29, enabling token transfers between Cosmos and other IBC-compatible blockchains.The feature, which has been in development for five years, was voted
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Villanova University’s College of Engineering is sending a private Ethereum blockchain into space to test whether distributed ledger technology (DLT) can help satellites exchange data. Working in collaboration with the non-profit Teachers in Space, Villanova’s engineering school secured a flight for its blockchain on a Firefly Aerospace rocket slated for launch
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As the crypto and blockchain space investigates seemingly private solutions for payments and messaging, the U.S. Central Intelligence Agency, or CIA, has had the backdoor to one of the world’s major encryption systems since World War II. Beginning in WWII, Swiss company Crypto AG operated as a seemingly neutral party
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London-based decentralized communication startup New Vector has raised $8.5 million to drive adoption for Matrix, a major alternative messaging protocol.Slack rival Riot.IMThe Matrix protocol, which enables secure communication via end-to-end encrypted messaging applications such as Riot.IM, an alternative to WhatsApp, Telegram or Slack, will continue scaling and growing its
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The Cabinet of Germany and Germany’s central bank Deutsche Bundesbank are working together closely on issues related to central bank digital currencies (CBDCs).Awareness of global CBDC situationOn Aug. 29, Germany’s federal parliament (Bundestag) published official feedback to a request from parliamentary group the Free Democratic Party, which asked the
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