Cross-chain exchange Thorchain says the treasury will be used to repay the $5 million in funds that were stolen in an exploit.
The post Thorchain suffers $5 million exploit, developers have put out a fix appeared first on The Block.
Crypto exchange Binance announced Friday that it’s stopping trading of stock tokens. The move comes after further regulatory scrutiny.
The post Binance says it will no longer offer trading of stock tokens appeared first on The Block.
Quick Take
- Sharding refers to the splitting of computational load and data storage into smaller pieces and has been touted as a potential blockchain scaling solution
- Despite the immense challenges of implementing sharding, it has the potential to overcome the blockchain trilemma
- Only a handful of protocols utilize sharding as a scaling mechanism to date, for instance, Zilliqa and NEAR
- Ethereum 2.0 is targeting to utilize sharding as a scaling solution by Q2 2022
The People’s Bank of China has published a whitepaper for the digital yuan, marking yet another step towards its official rollout.
The post China publishes first e-CNY whitepaper, confirming smart contract programmability appeared first on The Block.
Jack Dorsey, CEO of Square, said Thursday that the payments services business is working to create “an open developer platform” focused on bitcoin-tied financial services.
The post Jack Dorsey announces plan for developer platform focused on bitcoin financial services appeared first on The Block.
A coalition of Congress members have proposed legislation to provide clearer definitions for digital assets and technologies, especially as they relate to securities laws.
The post US lawmakers look to clarify digital assets in the context of securities law appeared first on The Block.
Previously, users were capped at $20,000 in crypto purchases a week.
The post PayPal ups weekly limit on crypto purchases to $100K appeared first on The Block.
In December, SC Ventures, Standard Chartered’s venture arm, announced that it was partnering with Northern Trust to launch a new crypto custodian.
The post Standard Chartered-backed crypto custodian Zodia added to UK FCA’s crypto register appeared first on The Block.
The Californian nuclear energy provider Oklo announced its 20-year partnership with the bitcoin mining firm Compass on Wednesday.
The post Californian nuclear energy provider partners with bitcoin mining firm Compass appeared first on The Block.
This new resource consolidates information from federal agencies on ransomware and provides news updates on ransomware incidents, among others.
The post US government launches new anti-ransomware resource as part of broader campaign appeared first on The Block.
