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Introducing Scroll Sessions: Native zkEVM Layer 2 for Ethereum

Scroll, a prominent player in the blockchain space, has recently announced the launch of Scroll Sessions, a native zkEVM Layer 2 solution designed specifically for the Ethereum network. This innovative technology aims to address the scalability and high transaction costs associated with the Ethereum blockchain. With the rapid growth of decentralized applications (dApps) and the … Continue reading Introducing Scroll Sessions: Native zkEVM Layer 2 for Ethereum

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

What happened recently with the Libra Association? Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14. … Continue reading Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Reasons Behind the Success of the Binance Coin

The native coin of the world’s largest crypto-exchange has returned to its previous historical maximum, while others remain 80-90% lower. The BNB token quickly rose and holds the seventh line in the ranking of cryptocurrencies in terms of market capitalization. Although no one knows for sure why Binance Coin performed so well, there are several factors that have definitely had a positive … Continue reading Reasons Behind the Success of the Binance Coin

IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime

The Criminal Investigation Division (CID) of the Internal Revenue Service (IRS) is actively hiring private contractors to study and analyze privacy coins, as there has quite been a lot of fraudulent activities revolving around their usage. Monero — a Popular Choice for Fraud While the world has undergone coronavirus cybercriminals have been hard at work conducting their habitual illicit operations with the help of privacy coins. Monero (XMR) and Zcash (ZEC) are quite an attractive option for cyber scammers, as they offer more anonymity and privacy than Bitcoin. The … Continue reading IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime

Yonghui, Hema among supermarkets singled out by China's food safety watchdog for breaches

Photo by Fancycrave on Unsplash Market regulator highlights 11 cases where supermarkets and online platforms sold food products that did not meet national food safety standards Zen Soo Celia Chen China’s market regulator has highlighted 11 cases of supermarkets and online platforms selling food products that did not meet national food safety standards, some of which are … Continue reading Yonghui, Hema among supermarkets singled out by China's food safety watchdog for breaches

Decrypt: Most Whitepapers are Full of Scams

According to Decrypt’s Investigation published on 22 April, many startups had been accused by White paper writers to “constantly required to fabricate and exaggerate facts”. A white paper writer – Adefemi Yusuff Adegoke told Decrypt “A project that can be executed with $180,000 funding budget can be padded up to $450,000. And they won’t report … Continue reading Decrypt: Most Whitepapers are Full of Scams

Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand

Blockchain trilemma was initially expressed by Vitalik Buterin, founder of Ethereum, which is claimed to be unfeasible in achieving scalability, decentralization, and security simultaneously in a blockchain. There are numerous blockchain project teams attempting to address the blockchain trilemma, and the Turing Award-winning team Algorand is one promising candidate. We have the pleasure to speak … Continue reading Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand

Exclusive: How to Ensure Random Numbers in Public Blockchain?

Following Part 1 of our interview, Jing Chen of Algorand further teaches our readers on how to ensure the randomness of a number in public blockchain! She also evaluates the existing Proof-of-Stake (POS) protocols: Delegated VS Bonded VS Pure POS! Regarding the white paper “Digital Signatures for Consensus” published on March 9, 2019, it states … Continue reading Exclusive: How to Ensure Random Numbers in Public Blockchain?

Exclusive: Why is Everipedia Built on EOS, not on Ethereum?

Wikipedia is the largest online encyclopedia and one of the top 5 websites worldwide in terms of web traffic. While Wikipedia has been dominant in decades, the ecosystem of the encyclopedia is likely to be changed with the advent of blockchain. Everipedia is a wiki-based online encyclopedia which adopts EOS blockchain technology. Besides, a cryptocurrency … Continue reading Exclusive: Why is Everipedia Built on EOS, not on Ethereum?

Exclusive: Will Everipedia Replace Wikipedia in the Future?

Following Part 1 of our interview, Larry took a deeper dive into Everipedia in terms of governance model, staking mechanism, and public awareness. He also addressed the question that has drawn the widespread curiosity of the public: Will Everipedia replace Wikipedia in the future? For the governance module of Everipedia, the only viable alternative for updating the … Continue reading Exclusive: Will Everipedia Replace Wikipedia in the Future?