Cryptocurrency Analysis and News Portal
The InterPlanetary File System, or IPFS, helps decentralize the internet by making files available across multiple locations instead of through a single centralized point of failure. What happens if someone reports a problematic IPFS file, however? Dietrich Ayala, ecosystem lead for IPFS, explained the process:"Let's say there's a URL, or an IPFS content
Read More
The mandatory upgrade is the first post-launch upgrade to the Filecoin network. Source
Read More
A group of former bankers building on R3’s public Corda Network are touting the first digital currency for that ecosystem, dubbed XDC. Announced Tuesday, the Cordite Society, a co-operative registered in the U.K., released the XDC crypto token on public Corda, the open-source version of R3’s network. The new regulation-friendly cryptocoin
Read MoreEther (ETH) miner revenue skyrocketed during the month of September according to data from glassnode, an onchain analytics resource. While the price of Ether did not rise significantly during this time, miners on the Ethereum network saw their revenue increase due to high fees. Miners took home 450,089 ETH in fees
Read MoreLightning network node operators running LND versions prior to the Oct. 1 version 0.11 upgrade have been urged to upgrade immediately after a vulnerability was discovered affecting LND versions 0.10 and below.The vulnerability was made public in an Oct. 9 announcement from Lightning engineer Conner Fromknecht, Head of Cryptographic Engineering
Read More
JPMorgan Blockchain Lead Christine Moy has been promoted to lead the bank’s Ethereum-based Interbank Information Network (INN). Source
Read More
All-time transaction volume on the Silvergate Exchange Network (SEN) has reached $100 billion, with SEN transactions correlated to bitcoin and stablecoin trading.The La Jolla, Calif.-based Silvergate Bank has seen a significant adoption of the payments platform, which is open 24/7 to offer fiat on-ramps for the crypto markets. For full
Read More
Ethereum mining pool Sparkpool will launch its new mining network, Taichi Network, complete with a “private transaction” feature in October, CryptoX confirmed with Sparkpool co-founder Xin Xu.The network “will gradually go online” this month in what could be one solution to decentralized finance’s (DeFi) long-standing problem with front running, the
Read More
DeFi After a brutal past three to four weeks, DeFi coins are bouncing back. Synthetix Network Token (SNX),
Read More
Encryption startup NuCypher has finished distributing its network’s native token, NU, to over 2,000 prospective node operators who staked more than $125 million worth of ether (ETH) during the month of September. NuCypher’s system will hit Ethereum’s mainnet on Oct. 15.Primarily marketed as a solution for developers building decentralized applications
Read More