The Stellar network went offline for over an hour, raising concerns about decentralization. Recently, blockchain-powered network Stellar stopped confirming transactions for more than one hour, effectively going offline. Although no money was reportedly lost as a result, Stellar’s major issue has now been highlighted publicly: The project is not decentralized, at least not to the […]
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Calastone announced that it switched its entire system for fund trade clearing services to its blockchain infrastructure. London-based global funds network Calastone announced that it switched its entire system for fund trade clearing services to its blockchain Distributed Market Infrastructure (DMI) in a press release published on May 20. Per the release, the migration of […]
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Microsoft continues its blockchain streak, empowering users to own personal data. Microsoft, one of the world’s largest software makers by revenue, is currently on a blockchain streak. This time, Microsoft presented a vast blockchain-related plan: a decentralized identity (DID) network built atop of the bitcoin network, which can potentially empower users all over the internet […]
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Eight months after the discovery of the inflation bug, more than half of the full nodes on the bitcoin network are still running client versions susceptible to the vulnerability. Figures published by bitcoin core developer Luke Dashjr show that more than half of the full nodes in the bitcoin network are still running client software […]
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Researchers from Coin Metrics say Ripple has not yet responded to requests to help clarify its operations. Blockchain analysis company Coin Metrics has found discrepancies in blockchain payments network Ripple’s escrow system reporting, according to a May 16 report. Coin Metrics, which conducts analysis of various aspects of cryptocurrency tokens, investigated Ripple and discovered what […]
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The electronics giant’s senior executives have come out in a show of support for censorship-resistance technology development. Engineering and electronics manufacturer Bosch hinted it would take an active role in defending the openness of the Internet of Things (IoT) against censorship as part of a press release from May 15. Bosch, which has various developments […]
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Secretariat of the UN Framework Convention on Climate Change signed an MoU with blockchain firm W-Foundation. A climate change initiative of the United Nations signed a Memorandum of Understanding (MoU) with blockchain firm W-Foundation to collaborate on climate action, according to a press release shared with Cointelegraph on May 16. In accordance with the new […]
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LVMH brands including Louis Vuitton and Christian Dior are already involved in the platform. ConsenSys has teamed up with LVMH and Microsoft to build a blockchain-powered platform that allows consumers to verify the authenticity of luxury goods, according to a news release on May 16. The consortium says the system, known as Aura, is designed to “serve the […]
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A three-way partnership saw secondary market trading go live, which participants say marks a world first. The World Bank and Commonwealth Bank have successfully enabled secondary market trading of a blockchain bond, the institutions confirmed in a press release on May 15. The bond, known as bond-i, uses the Ethereum (ETH) blockchain and was the […]
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Major global crypto exchange Huobi launched a Gibraltar-regulated OTC desk to fulfill demand for large volume trading. Major global crypto exchange Huobi has launched a regulated over-the-counter (OTC) trading desk for institutional investors, according to a blog post on May 15. The new OTC crypto trading platform, Huobi OTC Desk, is fully regulated by the […]
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