Leased proof-of-stake (LPoS), explained
VibcryptoUnderstanding leased proof-of-stake LPoS is a type of PoS meant to increase mining power, address inherent issues found in PoW, and improve other types of PoS, such as delegated proof-of-stake…
Paradigm accuses SEC of bypassing rules in Binance lawsuit
Venture capital firm Paradigm has criticized the United States Securities and Exchange Commission (SEC) for bypassing the standard rulemaking procedures in its current legal action against the cryptocurrency exchange Binance.In…
Do Kwon dismisses Slack chat records as irrelevant evidence
Terraform Labs co-founder Do Kwon has refuted the significance of Slack messages as evidence, which involved discussions with his co-founder Daniel Shin about manipulating transactions on the Terra blockchain to attract…
Pond0x DEX claims $100M in trading volume as critics allege it’s a scam
The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to a September 28 social media post from its official channel. Investors previously lost…
Chainlink quietly changes multisig rules, Mixin offers $20M bounty: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week…
Google Cloud is now a validator on the Polygon network
Polygon Labs announced on Sept. 29 that Google Cloud has joined the Polygon proof-of-stake network as a validator. Google Cloud joins over 100 other validators verifying transactions on its layer-2 Ethereum…
SBI works with UAE’s TradeFinex to set up joint crypto venture in Japan
SBI Holdings and TradeFinex will look to drive trade finance adoption of the Ethereum Virtual Machine-compatible enterprise blockchain XDC Network through a new joint venture in Japan.United Arab Emirates-based firm…
Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese worker fined $145K over VPN An unnamed individual in China was fined 1.06 million Yuan…
PayPal applies for NFT marketplace patent for on- or off-chain asset trading
PayPal made major progress toward creating its own blockchain ecosystem by filing a patent application for a nonfungible token (NFT) purchase and transfer system. The application, filed in March and…
Buenos Aires to issue blockchain-based digital ID
Buenos Aires, the capital of Argentina, is making a major move toward integrating its bureaucracy with blockchain technology. Starting in October, the city's 15 million residents can access identity documents…