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Protocol Labs and Ethereum Foundation Team Up to Research Verifiable Delay Functions

Filecoin owner Protocol Labs is collaborating with the Ethereum Foundation to develop a Verifiable Delay Function (VDF). The company announced the partnership in a blog post on April 19.VDFs are a relatively new cryptographic primitive that can protect systems relying on the generation of (pseudo) random values from manipulation

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Bakkt Delay Due to CFTC Concerns Over Its Planned Custody of Clients’ Bitcoin: WSJ

Much-anticipated crypto platform Bakkt’s plans to store customers’ Bitcoin (BTC) from its Bitcoin futures could cause further delay on obtaining approval from United States regulator the Commodity Futures Trading Commission (CFTC). The news was reported by the Wall Street Journal (WSJ) on March 21, citing anonymous sources.When Bakkt was

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Fidelity’s Crypto Head: Ethereum Upgrades Could Delay ETH Integration

Bitcoin First, Ethereum Later At long last, Fidelity’s cryptocurrency subsidiary, the fittingly-named Fidelity Digital Asset Services (FDAS), is nearing a full launch. FDAS chief Tom Jessop, formerly of Goldman Sachs, Standard & Poor’s, among other Wall Street institutions, touched on the subject matter in an interview with CoinDesk. He told the

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Cryptopia Website Goes Live After Slight Delay, User Balances Held from Pre-Hack State

Recently hacked crypto exchange Cryptopia has relaunched its website in a read only format, along with resuming user balances to its pre-hacked state, the exchange tweeted on March 5.Following last week’s announcement of a March 4 launch date, Cryptopia has slightly delayed the relaunch by providing the live website

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Ethereum Denies It Is Mulling $15 Mln Investment to Develop Verifiable Delay Functions

The Ethereum Foundation has refuted alleged plans to spend a prospective $15 million on the development of Verifiable Delay Functions (VDFs) for use in its transition to a Proof-of-Stake (PoS) network. The clarification was made by Foundation researcher Justin Drake in private correspondence with Cointelegraph on Feb. 8.A report from

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Ethereum Devs Delay ASIC-Resistant PoW Algorithm Decision Until Third-Party Audit

Ethereum (ETH) core developers have delayed the decision to implement Application-Specific Integrated Circuit (ASIC)-resistant proof-of-work (PoW) algorithm ProgPoW. According to an Ethereum core developer meeting on Feb. 1, the team wants to wait until the algorithm is audited by a third party.Ethereum core developer Hudson Jameson declared during the call

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