Blockchain 

OmiseGo Joins Crypto Coalition Universal Protocol Alliance

OmiseGo, a finance-oriented scaling network for Ethereum (ETH), has become a member of Universal Protocol Alliance, a coalition of blockchain and cryptocurrency-focused firms. Targeting financial services and tax collection In a press release shared with Cointelegraph on Oct. 8, the startup revealed that it will incorporate the Universal Protocol Platform UPT utility token into its payment processing technology. By doing so, OmiseGo intends to let stakeholders to use UP stablecoins for financial services and tax collection, as well as collect transaction fees. Dan Schatt, co-founder of the Universal Protocol Alliance,…

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Blockchain 

EOS Developer Block.one Releases Version 2.0 of EOISO Protocol

EOS developer Block.one has announced the release of version 2.0 of the EOSIO open source protocol, according to an official press release shared with Cointelegraph on Oct. 8. EOSIO is a blockchain-based smart contract protocol used to develop and host decentralized applications (DApps). It employs a consensus model called delegated proof-of-stake. Protocol updates: smart contract efficiency and security According to Block.one’s announcement, the core of EOSIO 2.0 includes various improvements to EOS VM — a high-performance WebAssembly engine specialized for blockchain applications that enables more efficient use of system resources…

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Blockchain 

BitTorrent’s Decentralized File Sharing Protocol BTFS Launches Its Mainnet

BitTorrent’s decentralized file sharing protocol BitTorrent File System (BTFS) has launched its mainnet. The project seeks to become what developers describe as “the world’s largest and first scalable decentralized storage system.” According to a blog post published on Oct. 1, BTFS released various new features for the occasion and rolled out 3,000 new nodes. The post summarized:  “As October approaches, with BTFS integrated into the world’s largest P2P network, BitTorrent, BTFS has completed its official launch of the mainnet, representing a new starting point for BTFS and a big step…

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Ethereum 

Startup Band Protocol Launches BTC Binary Options DApp on Ethereum

Decentralized data governance startup Band Protocol launched its fully decentralized binary options trading app BitSwing on Ethereum’s (ETH) mainnet.  Band Protocol — which closed a $3 million seed round led by Sequoia Capital India this February — announced the launch of BitSwing ahead of its ETH mainnet roll out on Sept. 30. Binary options on BTC/USD With BitSwing traders are able to take long or short positions on the Bitcoin (BTC)/USD market  within a one-minute time frame. As with traditional binary options, traders can purchase a call option contract, betting…

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Blockchain 

Blockchain-Based Protocol Tachyon Network Releases White Paper

Tachyon network, a decentralized internet protocol has officially launched its white paper which discloses details on the project background and Tachyon ecosystem. Reconstruct the TCP/IP model In a press release shared with Cointelegraph on Sept. 27, Tachyon network announced the release of its white paper revealing details on how the protocol is set to reconstruct the TCP/IP model. The TCP/IP model, after 36 years of use as the foundation of the internet, is slowly falling behind the increasing demand for stability, security, speed and trust, the white paper reads, adding:…

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Ethereum 

Developers of Ethereum DEX Protocol AirSwap Disclose Critical Exploit

Ethereum (ETH) decentralized exchange protocol AirSwap’s developers announced that they have discovered a critical vulnerability in the system’s new smart contract. AirSwap’s team announced its findings and a possible solution for all potentially affected users in a Medium post published on Sept. 13. A limited vulnerability Per the release, on Sept. 12 AirSwap’s development team found a vulnerability in a new smart contract, which has already been reverted to an older version in under 24 hours after the discovery. The exploit in question could have allowed an attacker to perform…

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Blockchain 

Aventus Announces Ethereum-Based Protocol to Enhance Ticketing Industry

The digital assets-focused blockchain-based protocol, Aventus, revealed its next code release Aventus Classic designed to create a more equitable and transparent ticketing industry. Alleviate fraud and provide transparency On Sept 12, Aventus Network announced in a blog post the release of Aventus Classic, a fully decentralized open-source Ethereum-based ticketing protocol designed to stop fraud and provide more transparency to the event ticketing industry. The announcement goes on to say: “This release marks our first real step in engaging with the open-source community, as Aventus Classic will now be open to…

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Blockchain 

Binance Labs Leads $5.7M Series A Round to Launch FIO Protocol

A venture arm of major global crypto exchange Binance has led a $5.7 million funding round to launch new decentralized blockchain protocol, the FIO Protocol. According to a press release shared with Cointelegraph on Sept. 5, Binance labs has invested in Denver-based blockchain usability firm Dapix, which is developing the Foundation of Interwallet Operability’s (FIO) Usability Protocol. The Series A round was also participated by existing investors such as Access Venture Partners and Dundee Venture Capital, as well as new investors including Blockwall Capital, NGC Ventures and LuneX Ventures. The…

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Blockchain 

Firm to Deliver Blockchain-Based Phone With ‘Cutting-Edge’ Protocol

A blockchain project that claims it offers the “new financial era” to users says it will soon start delivering the world’s first smartphone with a voice-over blockchain protocol (VOBP). KaratGold says the IMpulse K1 eliminates third-party companies and services by offering technology that enables users to communicate with full encryption — ensuring texts, documents, videos and recordings remain fully private at all times. To ensure that a user’s personal details, files and cryptocurrency are safe if a device is lost or stolen, owners have the opportunity to retrieve their encrypted…

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Blockchain 

0x DEX Protocol Suspended Because of Vulnerability, Funds Safe

The Ethereum (ETH) smart contract of 0x (ZRX) decentralized exchange (DEX) protocol has been suspended after a vulnerability has been uncovered in its code, the project’s team announced in a Medium post published on July 13. Per the announcement, third-party security researcher samczsun warned the 0x team about the vulnerability in the exchange smart contract and, after evaluating it, the team suspended the exchange’s contract and the AssetProxy contracts. The vulnerability would have allowed an attacker to fill certain orders with invalid signatures. The announcement reassures that one has exploited…

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