Russia’s largest state-owned bank, Sberbank, is reportedly set to launch a platform allowing users to purchase digital financial assets. Herman Gref, CEO of Sberbank, said that the bank wants to promote accessibility to the new class of assets through its own blockchain platform, according to the Russian news site RBC. The move appears to be […]
On November 15, the Bitcoin Cash blockchain underwent a scheduled upgrade but also the chain saw a consensus split, and the network bisected into two. After the split, numerous users have been looking for methods in order to split their coins in order to store them separately or sell the unwanted tokens on an exchange. […]
Quick Take The initial phase of Eth2 — the next-generation of Ethereum — is rolling out next week. It represents the first step in Ethereum’s transition into a proof-of-stake network. But there’s still a lot of work left to do for the full Eth2 upgrade, Justin Drake, Eth2 researcher at the Ethereum Foundation, told The […]
Quick Take On November 11th, parts of the Ethereum ecosystem experienced downtime due to Infura experiencing a service outage This sparked conversations about whether or not Ethereum is decentralized The solution is for Ethereum service providers to do a better job with regards to reliability and fault tolerance This research piece is available to members […]
Quick Take Joe Biden is expected to nominate Janet Yellen as the next Secretary of the U.S. Treasury Department. It’s possible a U.S.-centric CBDC will move forward or launch during her tenure. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block.
Huobi Group unveiled Tuesday a new incubator program focused on Filecoin and backed with a $10 million investment fund. The press release describing the launch states the incubation center will focus on investing in ecosystem projects as well as providing support to the wider Filecoin community. As part of the arrangement, Protocol Labs will provide […]
Quick Take The Bitcoin community has expressed broad support for Taproot, a planned privacy-oriented upgrade to the protocol. But the community still lacks a detailed activation plan for Taproot. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block.
Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep track of them all. Moreover, while many […]
Xi Jinping, the president of China, remarked during a G20 meeting this week that the group should adopt an “open and accommodating attitude” on central bank digital currencies, or CBDCs. His remarks on November 21 are notable, given that China is on the cusp of launching its own digital currency system, dubbed DC/EP. Testing is […]
Analytics firm Coinfirm says the US Department of Justice (DOJ)’s seizure of digital assets associated with the now-defunct Silk Road left behind tokens worth millions of dollars. According to Coinfirm, there are still valuable balances held on forked addresses originating from that wallet. On November 5, the DOJ announced that a hacker known as Individual […]