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OmiseGo, a finance-oriented scaling network for Ethereum (ETH), has become a member of Universal Protocol Alliance, a coalition of blockchain and cryptocurrency-focused firms.Targeting financial services and tax collectionIn a press release shared with CryptoX on Oct. 8, the startup revealed that it will incorporate the Universal Protocol Platform UPT
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Cryptocurrency exchange Bitfinex in conjunction with EOSFinex, its decentralized trading platform, have announced that they had successfully completed a “chainswap” to convert $5 million worth of Tether (USDT) stablecoins onto the EOS blockchain protocol.According to a press release shared with CryptoX on Oct. 5, this way the companies aim
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Tachyon network, a decentralized internet protocol has officially launched its white paper which discloses details on the project background and Tachyon ecosystem.Reconstruct the TCP/IP modelIn a press release shared with CryptoX on Sept. 27, Tachyon network announced the release of its white paper revealing details on how the protocol
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Cryptocurrency advocates have recently discovered that Bitcoin Core (BTC) developers are planning to disable the payment protocol BIP70 supported by default in the Bitcoin Core version 0.19.0 client. According to
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Ethereum (ETH) decentralized exchange protocol AirSwap’s developers announced that they have discovered a critical vulnerability in the system’s new smart contract.AirSwap’s team announced its findings and a possible solution for all potentially affected users in a Medium post published on Sept. 13.A limited vulnerabilityPer the release, on Sept. 12
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The digital assets-focused blockchain-based protocol, Aventus, revealed its next code release Aventus Classic designed to create a more equitable and transparent ticketing industry.Alleviate fraud and provide transparencyOn Sept 12, Aventus Network announced in a blog post the release of Aventus Classic, a fully decentralized open-source Ethereum-based ticketing protocol designed
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Blockchain progression is stopped short with clogged transactions as exemplified by Bitcoin. From 2017, the rising transaction costs, security risks, delays in transfers and losses in trade opportunities made interests on transitioning businesses to blockchain wane to a standstill. The unsolved problem of scalability is emerging as a bottleneck to blockchain
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A venture arm of major global crypto exchange Binance has led a $5.7 million funding round to launch new decentralized blockchain protocol, the FIO Protocol.According to a press release shared with CryptoX on Sept. 5, Binance labs has invested in Denver-based blockchain usability firm Dapix, which is developing the
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