Vietnam’s ministry of education to record certifications on blockchain

Vietnam’s government is adopting blockchain technology on a national level. Vietnam’s Ministry of Education and Training, or MOET, is planning to implement blockchain technology for issuing diplomas in 2021. According to a Nov. 18 announcement, the MOET has partnered with Singapore-based startup TomoChain to put national student certifications on TomoChain’s proprietary blockchain platform. As part […]

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Ethereum’s top 10 DApps hit 1M users this month

Ethereum’s top 10 most-popular DApps have collectively amassed more than 1 million active users over the past 30 days. Ethereum-powered decentralized applications, or DApps, have attracted more than one million active users over the last 30 days according to analytics platform DappRadar.  This milestone comes as interest in decentralized finance, commonly referred to as DeFi, […]

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Grayscale now holds half a million Bitcoin

Grayscale’s Bitcoin Trust now holds more than 500,000 Bitcoin, surpassing $8.3 billion in value. Cryptocurrency fund manager Grayscale Investments now holds more than 500,000 BTC in its Bitcoin Trust.  According to a Nov. 16 post, Grayscale now holds to $8.35 billion worth of Bitcoin— equating to 2.69% of Bitcoin’s (BTC) outstanding supply and market cap. […]

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Cheese Bank’s multi-million dollar hack explained by security firm

Nefarious parties are using flashloans in conjunction with stablecoins to steal DeFi funds from platforms. An Ethereum-based decentralized finance, or DeFi, platform known as Cheese Bank recently suffered a $3.3 million loss — the product of an early-November hack. The thieves utilized a somewhat newly-found weakness in the DeFi sector which harnesses flashloans. The Cheese […]

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