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Ethereum Privacy Protocol Takes Foot Off Brake With Entirely Immutable Contracts

Fledgling Ethereum anonymization protocol Tornado.cash has launched completely immutable smart contracts — rendering the protocol “unstoppable” from May 21.While the project has extolled the virtues of immutability and declared that “code is law,” many within the Ethereum (ETH) community are advising against depositing funds into the protocol.Tornado.cash opts for complete

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US Congressional Watchdog on Prototyping Smart Contracts

The supreme audit institution of the United States, the Government Accountability Office (GAO), posted two job positions with its Innovation Lab concerning the development of prototype applications for blockchain technology during March.Cointelegraph spoke to Chuck Young, the managing director of public affairs at GAO, to find out more about

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Tether’s Dominance Solidified as more Exchanges Launch Bitcoin USDT Futures Contracts

In brief: In the last week, two prominent crypto exchanges have launched Bitcoin USDT perpetual contracts. They include Bybit and KuMex (KuCoin’s derivatives platform.) Tether (USDT) is ranked 4th according to market cap.  Its website states the company has $6.229 Billion in assets.  Trading of Bitcoin futures contracts has become more popular as crypto traders

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KuCoin’s Futures Platform KuMEX Launches USDT Perpetual Contracts

KuMEX, the Bitcoin futures platform developed by KuCoin, today announced that USDT Perpetual Contracts will be officially available on the exchange at around 18:00 on March 30, 2020 (UTC+8) and deposit of USDT has already been enabled.Unlike the Bitcoin (BTC) Perpetual Contracts on KuMEX, all profits, losses and account balances

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World’s Largest Human Resources Firm Adopts Smart Contracts Platform

Human resources firm Ranstad, which recently became global leader in the sector, has chosen to further automate its workflow using a smart contracts-focused blockchain.The firm’s 40,000 employees will be using an enterprise blockchain solution from New York-based Cypherium, which has struck partnerships with major cloud providers Google Cloud Wing,

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IBM Offers Blockchain Solution for Casual Labor Contracts

Tech giant IBM is developing a new blockchain product that will automate the reconciliation of casual labor contracts.Technology news site CIO reported on Feb. 3 that IBM considers the blockchain particularly well-suited to tackling the pain point for businesses of resolving discrepancies across thousands of casual work contracts.A casual

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