Cryptocurrency news from Japan: Aug. 23 – Aug. 28 in review

Another action-packed week for crypto in Japan has passed. This week’s headlines from Japan included one of country’s leaders describing Bitcoin creator Satoshi Nakamoto’s dream as meaningful, LayerX Labs collaborating with a Japanese university for blockchain research, the FINSUM blockchain conference hosts notable discussion on security tokens offerings, and the head of Monex Group saying […]

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Uniswap and automated market makers, explained

Decentralized exchanges such as Uniswap have now become popular thanks to automated market makers, but what does it all mean? What are the risks and limitations of AMMs? Bugs, improper pricing and impermanent loss Despite some positive qualities, AMMs present certain risks and limitations. Hacks and vulnerabilities have already affected exchanges such as Uniswap and […]

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‘Sex sells’ – sex.crypto sells for 230 ETH

The purchaser currently owns 196 Unstoppable Domains. Earlier today, the domain ‘sex.crypto’ sold for 230 ETH, or approximately $90,000 at press time. The domain extension .crypto is generated by Unstoppable Domains and is censorship-resistant. The transaction, which occurred on OpenSea’s token marketplace, was completed by a user named Maxstealth. Currently, he owns 196 .crypto domains in total. […]

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Charles Hoskinson’s IOHK submitted a decentralized treasury proposal to the Ethereum Classic Community

Would a 20% block reward reduction matter in the long run? Charles Hoskinson’s IOHK recently published two Ethereum Classic Improvement Proposals, or ECIPs, meant to help the struggling chain recover after a slew of recent 51% attacks. The first introduced a checkpoint system to prevent the possibility of such attacks, and the second proposed a decentralized treasury — a seemingly […]

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