Scaling Solution Hermez Network Adds Tether Token to Tackle High Ethereum Fees
Hermez Network sets out to provide faster and cheaper transactions on Ethereum. Source
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Crypto Exchange Upbit Brings in Withdrawal Delay in Bid to Tackle Fraudsters
South Korea-based exchange Upbit has announced a limited cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks. Scheduled to take effect on Nov. 28, the new restriction will only allow users to withdraw digital assets equal in value to the total of Korean won (KRW) deposited
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Sparkpool’s Taichi Network to Tackle Front Running in DeFi
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
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World’s Biggest Meat Processor to Tackle Amazon Deforestation Using Blockchain Tech
JBS S.A. aims to track all of its cattle suppliers on a blockchain system by 2025. Source
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Afghanistan Approves Blockchain Project to Help Tackle Scourge of Counterfeit Meds
Fantom is launching a pilot to help combat Afghanistan's counterfeit drugs problem using its blockchain to trace products along the supply chain. Source
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Blockchain ID Solution Aims to Tackle Spike in Delivery Fraud Amid Coronavirus Measures
Nuggets, a digital identity and payments platform, has developed a way to accept deliveries without needing a physical signature to combat a spike in fraud and chargebacks during the COVID-19 pandemic. Using biometrically verified contactless delivery technology secured with blockchain technology, the London-based firm wants to equip consumers with the means
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Blockchain Tech Could Help Tackle Coronavirus, Says Expert
An academic at the University of Hong Kong claims that blockchain and AI-driven strategies should be implemented to better tackle responses to the coronavirus epidemic. Syren Johnstone — executive director of the master in laws (compliance and regulation) program at the University of Hong Kong — published a post for
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US Lawmakers Call on Communications Regulator to Tackle SIM-Swapping Crime
Democratic lawmakers in the U.S. are demanding are demanding that the Federal Communications Commission (FCC) takes action to tackle the rise in SIM swapping attacks.Responding to the groundswell of reported SIM swap heists, senators Ron Wyden (Ore.), Sherrod Brown (Ohio) and Ed Markey (Mass.) and representatives Ted Lieu (Calif.), Anna
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Blockchain Lock IoT-Solution Aims to Tackle Porch Pirates
Internet of Things (IoT) software developer It’s Here announced the launch of a blockchain-enabled lock that purportedly prevents porch pirating.According to a press release shared with CryptoX on Jan. 7, the solution — dubbed IoTLock — is comprised of a software system and mobile decentralized application (DApp) that can
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Interpol Leads Operation to Tackle Cryptojacker Infecting Over 20,000 Routers
International crime fighting agency Interpol has taken action to stem a plague of cryptocurrency mining malware afflicting computer routers across Asia.According to a Wednesday blog post from TrendMicro, which assisted the operation, Interpol's Global Complex for Innovation (IGCI) in Singapore led a five month effort to tackle the epidemic of
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