BLOCKCHAIN

Funding for ProgPoW 3rd-Party Audit Approved

[ad_1] Ethereum (ETH) core developer Hudson Jameson announced that a third-party audit of the Application Specific Integrated Circuit (ASIC)-resistant proof-of-work algorithm ProgPoW has been funded. The dev made the announcement during the latest bi-weekly Ethereum core developer meeting held on April 26.During the call, it was specified that the targeted funding amount of 50,000 units of decentralized, Ethereum-based USD-pegged stablecoin DAI had been reached. The funds were reportedly crowd-sourced through
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Binance Chain Launch Sees Developers and Entrepreneurs Reconsidering Ethereum

[ad_1] Last week, Binance announced the launch of Binance Chain, its native Blockchain platform that will facilitate the issuing, exchanging, and usage of digital assets. Apart from the fact that Binance Chain opens a new world of possibilities for cryptocurrency projects, the BEPs protocol on Binance Chain also shows some significant difference Ethereum’s ERC-20 protocol that currently dominates the crypto space.  For instance, the BEP2 standard makes it possible to
BUY/SELL

Top 5 Crypto Performers: BTC, XEM, BSV, ETH, BNB

[ad_1] The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data provided by HitBTC exchange.Altcoins led the rally this week from the lows with bitcoin (BTC) lagging behind. After a sharp up move, it was natural for traders to book profits
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As Projects Flock to Binance Chain, Its DEX Has a Lot to Live up To

[ad_1] You wouldn’t know to look at it, but Binance DEX could soon become the busiest exchange in the cryptosphere. At present, MITH is the only token tradable on there, though it will soon be joined by NOW – the first token to be added to Binance Chain – plus hundreds more if exchange boss CZ has his way. But how accessible is Binance DEX, particularly to users of countries
Business

MakerDAO CTO Departs, Points to Internal Conflicts

[ad_1] Andy Milenius, formerly the chief technology officer at MakerDAO, published an open letter dated April 3 explaining his concerns over the project’s internal conflicts. MakerDAO is the  company behind the decentralized algorithmic Ethereum-based stablecoin DAI as well as the governance token Maker (MKR).In his 24-page-long letter, Milenius describes a conflict between his ideas of equal workspace and democratization true to a Decentralized Autonomous Organization (DAO) and his fellow executives’
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Darkweb ‘Dream Market’ Now a Bitcoin Payment-FBI Honeypot?

[ad_1] Three men have been arrested this month under suspicions of running one of the largest drug stalls on the dark web named “Sinmed,” as reported by ABC News Australia. The illegal drug marketplace conducted its business on Dream Market, which is now suspected of being compromised as a “honey pot” by law enforcement agencies. Multi-Million ‘Dream Market’  Bust in New Jersey Authorities have arrested three men after a two-year
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Twitter Shenanigans and Tether Probe in the Weekly Video Update From Bitcoin.com

[ad_1] Cryptocurrency advocates try to get the CEO of Twitter to ban @Bitcoin and the New York Attorney General goes after the company behind Tether. This and more in the weekly video news update on Bitcoin.com’s Youtube channel. Also Read: How to Start Cloud Mining Bitcoin Cash Watch Bitcoin.com’s Weekly News Update This week’s show covers the latest attempts by BTC maximalists to deplatform @Bitcoin from Twitter over the account
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A ‘Bit’ of a Economic Renaissance in Downtown Las Vegas

[ad_1] Downtown Las Vegas is a stretch of the city that many visitors sidestep in favor of the infamous “Strip.” The often heard refrain? Too gritty. Too rowdy. Unsafe. But let’s look at how Bitcoin is changing this.  East Fremont Street, the major arterial downtown, was decrepit and in a state of disrepair just a few years ago. But it’s now in the midst of a major renaissance, having emerged
BLOCKCHAIN

Ontology to Launch Regulated USD-Backed Stablecoin PAX on its Blockchain

[ad_1] Enterprise blockchain platform Ontology (ONT) plans to launch a version of the regulated USD-backed stablecoin Paxos Standard (PAX) on its own blockchain. The company announced the news in a press release published on April 27.Per the release, the new token (PAXO) will be based on Ontology’s OEP-4 token standard, which will enable atomic swaps between the Ontology-based main blockchain and other blockchains. This feature reportedly aims to make it
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Wizsec Security Blames Coinlab After Mt. Gox Trustee Delays Proceedings

[ad_1] On April 25, the Mt. Gox civil rehabilitation trustee Nobuaki Kobayashi published a new announcement concerning the deadline for the rehabilitation plan. According to the letter sent to Mt. Gox creditors, Kobayashi has delayed the proceedings for another six months due to “undetermined” claims. Following the announcement, bitcoin security specialists Wizsec published a scathing critique of the Coinlab claim for US$16 billion and alleged that it was “the elephant