South Korea’s Telecom Giant KT Launches DLT-Powered 5G Brand to Prevent Hacks

South Korea’s largest telecom firm KT implemented blockchain tech to prevent hacks of connected IoT devices. KT Corporation, South Korea’s largest telecom firm, has launched its blockchain-powered fifth-generation (5G) network brand, local news agency The Korea Times reports on April 16. Called “GiGA Chain,” the brand intends to boost the security of Internet-of-Things (IoT) devices […]

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Bot-Enabled Market Manipulation Rife on Decentralized Exchanges, Researchers Claim

Arbitrage bots are reportedly being widely deployed for manipulative profit-making strategies on decentralized exchanges. Arbitrage bots are being widely used for manipulative profit-making strategies on decentralized exchanges (DExes), a study from researchers at Cornell Tech has claimed. The news was reported by Bloomberg on April 15. The paper documents and gauges the breadth and specific […]

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Report: Blockchain Startup ConsenSys Seeks $200 Million From Outside Investors

New York-based blockchain company ConsenSys is reportedly seeking investors to raise $200 million. New York-based blockchain company ConsenSys is reportedly seeking investors to raise $200 million, technology media outlet The Information reported on April 15. According to sources familiar with the matter, ConsenSys is trying to attract outside investors to raise $200 million. The company’s […]

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