The team stated that the next steps were to find the source of the non-determinism, release an update, and restart the state machine, but there have been no updates since. Cross-chain exchange and proof-of-bond network THORChain was halted earlier today as the result of a bug causing “non-determinism between individual nodes.” At around 8 pm...Continue Reading

NFTs could change the way subscription services work by allowing users to sell or rent out their subscriptions when they don’t need them. Subscription-based services have become so ubiquitous it’s hard to remember a time when they weren’t the norm. Streaming companies have sought to take advantage of that norm by fleecing consumers for everything...Continue Reading

The partnership seeks to enable Ethereum ecosystem developers to have access to functions and users on Axelar’s dozens of connected chains. Cross-chain platform Axelar has announced a partnership with Polygon to deliver secure cross-chain communications to Polygon Supernets. The company said that Axelar’s partnership with Polygon will serve as infrastructure for an interoperable internet of...Continue Reading

The company’s trademark owner applied for its name to be used in software “to view, access, store, monitor, manage, trade, send, receive, transmit, and exchange” crypto and NFTs. Major credit card company Visa may be planning to explore digital wallet services based on two recent trademark applications.  According to records submitted to the United States...Continue Reading

TRIP protocol enables ride-sharing companies and drivers to compete for riders, as blockchain enables disruption in existing markets. The ride-sharing industry is poised for another paradigm shift with Web3 protocols, allowing new companies and drivers to bid for rides using a matching algorithm, according to the Decentralized Engineering Cooperation (DEC) — the company behind the...Continue Reading

The OCC said it will incorporate its six-year-old Office of Innovation into a new agency that will help it deepen its understanding of fintech and promote responsible innovation. The United States Office of the Comptroller of the Currency (OCC) announced Oct. 27 that it will create an Office of Financial Technology early next year. The...Continue Reading

Fidelity Digital Assets’ research paints a not-too-gloomy picture of the digital asset institutional investment scene, although they indicate that some segments are much more active than others. Fidelity Digital Assets released its annual study on institutional investment in digital assets Oct. 27. Digital asset fundamentals remain strong despite headwinds, the study concluded, but adoption remains...Continue Reading

Hackers appear to have spent as little as 1.76 Ether to initiate the attack vector. On Thursday, decentralized finance, or DeFi, lockup protocol Team Finance said over $14.5 million worth of tokens were exploited though the Uniswap V2 to V3 migration function on its platform. As told by blockchain security firm PeckShield, the hacker transferred...Continue Reading

The Celo blockchain supports mobile-first DeFi payment infrastructure. Several companies building on the platform have received venture funding. Projects building on the Celo blockchain have collectively raised $77.3 million in support of various business initiatives, underscoring the growing adoption of the payments-focused developer network.  Celo announced Thursday that projects impactMarket, Loam, Tatum, Circular Impact, Sanergy,...Continue Reading

The popular messaging app launched a new marketplace on the TON blockchain, on which it plans to auction off rare user handles. The popular messaging app Telegram announced on Oct. 26 the official launch of its new marketplace built on the Telegram Open Network (TON) blockchain. The marketplace will serve as an auction platform on...Continue Reading