Altcoin News

According to an announcement dated June 30, 2020, Cardano (ADA) protocol founding member EMURGO has joined forces with leading blockchain-based travel booking platform Travala.com to enable users to pay for their travels with ADA altcoin. Travala.com Now Accepting ADA EMURGO, a global blockchain solutions provider has inked a deal with online travel agency Travala.com to
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Enterprise-grade, scalable blockchain network IOST today announced that China’s first national blockchain consortium, the Blockchain Service Network (BSN) has selected the Shanyiou Charity Information Publicity Platform under IOST’s Enterprise Arm – Aiou Technology – as its Official Designated Application. Implications of Shanyiou Getting Selected as Official Designated Application For the uninitiated, BSN is China’s first
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After the DeFi project Balancer got hit by a $500,000 hack earlier this week, other projects have seemingly taken notice and changing rules on token distribution and governance. Compound is the first of these, as per a governance report Tuesday. Governance changed The Compound community voted to change the rules governing COMP token distributions. Reasons
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German distributed ledger technology (DLT) project IOTA today released Pollen – a research testbed aimed at facilitating the IOTA community, researchers, and engineers, to test and validate the concepts of the upcoming fully decentralized, feeless, and scalable IOTA 2.0 network. Marking the Beginning of IOTA 2.0 As part of its three-stage release strategy, IOTA today
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IOTA today introduced three phases of IOTA 2.0 – Pollen, Nectar, and Honey – to mark the project’s journey toward the permanent removal of the centralized coordinator node to transform IOTA into a truly decentralized, scalable, and feeless network. Introducing Pollen, Nectar, and Honey IOTA, a German distributed ledger technology (DLT) project focused on developing
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Cardano (ADA) parent firm IOHK today released a technical explanation of Hardfork Combinator operations that would aid the blockchain transition from Byron to Shelley mainnet in an orderly manner. IOHK Releases Details on Hardfork Combinator In an announcement dated June 29, 2020, IOHK detailed the Hardfork combinator that would help the Cardano blockchain in the
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Cryptocurrency exchange OKEx have just listed Compound’s COMP token for trade.  COMP is the native token of Compound — a DeFi protocol that allows its users to earn interest on deposits or lend cryptocurrencies. Lending and borrowing on Compound are managed through a decentralized peer-to-peer blockchain-based protocol. After its 2017 launch, the platform grew to
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In an announcement dated June 26, 2020, Singapore-based supply chain project VeChain (VET) stated that the VeChain ToolChain BaaS Platform would be used to support DNV GL in launching a blockchain-powered infection risk management solution called My Care. VeChain to Power DNV GL’s My Care Solution VeChain, a distributed ledger technology (DLT) project focused on
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VeChain (VET), a blockchain project that’s focused on enhancing supply chain management and business processes, has been adopted by top Australian shoe manufacturers, Case Shiel and The Kickz Stand for authentication of the Nike Air Max 1 Cherry sneakers scheduled for release on June 28, 2020. Case Shiel & The Kickz Tap Blockchain Technology  According
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Compound, the newly-launched DeFi token famous for reaching a $3 billion market cap within days of listings, is facing scrutiny from analysts and traders as questions about its illiquid markets and lack of utility rise. Inside COMP Tony Sheng, described on his twitter page as a startup investor, wrote on the topic earlier this week
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The terrorist organization known as the Islamic State of Iraq and Syria, or ISIS, is beginning to switch to Monero (XMR) to accept donations from the public. As reported by blockchain intelligence company, Whitestream, and independently confirmed by Cointelegraph, a news website affiliated with the terrorist organization and the jihadist movement has updated its donations
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On June 24, security experts from Palo Alto Networks’ Unit 42 warned about a new self-propagating malware that launches cryptojacking and DDoS attacks against Windows systems. The software operates under the name “Lucifer”. According to the study, Lucifer is a hybrid of cryptojacking and DDoS malware that leverages old vulnerabilities on the Windows platform. Vulnerabilities
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Signature Bank (SBNY: NASDAQ), a New York-based full-service commercial bank, announced that the private beta launch of Signet, its Ethereum-powered distributed ledger technology (DLT) payments solution enabled it to increase its transaction volume by 15 percent, reports Forbes on June 24, 2020. Seamless Payments with Blockchain Technology In a bid to overcome some of the
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Cardano (ADA) founding member and a global blockchain solutions provider, EMURGO today joined the Trace Alliance to leverage distributed ledger technology (DLT) in the supply chain management (SCM) space. This, according to a press release issued on June 25, 2020. EMURGO to Develop Tailored DLT Solutions for Enterprises EMURGO, a Singapore-based DLT solutions provider and a founding
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The joint blockchain cloud computing venture of computing giant AMD and Ethereum-focused development firm ConsenSys has received $20.5 million in funding. According to a June 25 announcement, AMD and ConsenSys’ W3bcloud joint venture obtained the funds through the sale of convertible notes to the founding firms and several family offices in the United Arab Emirates.
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