Looks Like the Loom Network Has Thrown in the Towel

Available information seems to indicate that Loom’s future is shaky. According to available information at press time, sources show a highly uncertain future for the Loom Network, a platform-as-as-service blockchain project. Cointelegraph investigated a number of Loom Network communication channels, finding no firm proof of a live project.   A May 8 tweet from Bruno Skvorc, […]

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Zoom Acquires Encryption Startup Keybase to Fix Privacy, Security

Video conferencing app Zoom, the undisputed titan in an era of social distancing, has acquired end-to-end encryption start-up Keybase. Video conferencing app Zoom, the undisputed titan in an era of social distancing, has acquired end-to-end encryption start-up Keybase. The acquisition, announced May 7, follows multiple privacy and security-related scandals — including the rise of video […]

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Crypto Community Slams Binance Smart Chain Over Centralization

The ‘Binance Smart Chain’ whitepaper has attracted criticism from the crypto community, drawing predictions that the chain will be prone to centralization. Many crypto analysts have criticized the whitepaper for Binance’s forthcoming ‘Smart Chain’, which was published on April 17. Smart Chain will be Binance’s second smart contract-enabled chain after Binance Chain. It offers the […]

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