BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
Crypto Market Maker GSR Lays Off Less Than 10% Staff
GSR, a prominent market maker and liquidity provider in the industry, has unemployed less than 10% of its staff during Q3 this year.
Another Major Crypto Hack in Less a Week, $100M Stolen
Mango Markets was exploited after manipulation in the price of the crypto exchange's native MANGO token via an oracle price manipulation attack.
Step Secures $300m Fund, Introduces Crypto Investment Platform for Young Adults
Step has secured $300 million in new debt funding round, which coincided with the company’s launch of a crypto investment platform aimed at minors and young adults - their key clientele.
SupraOracles Goes Live on Ethereum, Polygon, Aptos and Four Other L1 Blockchain Testnets
Have a blockchain dApp ready to integrate the most state-of-the-art Oracle? Sign up for Supra’s Network Activation Program (SNAP) for the opportunity to receive free oracle and VRF/RNG credits before the list is full.
Polygon Collaborates with Virtua To Boost Its NFT Ecosystem
With this collaboration, Virtua users can now benefit from Polygon’s reduced gas fees, faster transactions, and minimal environmental impact.
PolyU 1st in Hong Kong to Offer Metaverse & Blockchain Post-grad Programmes
Hong Kong's Polytechnic University is offering a postgraduate course in the metaverse and blockchain-related technology from September 2023, costing around $40,000 for tuition fees.
Portugal Plans to Levy Tax Up to 28% on Crypto Gain
According to the plan submitted to parliament on Monday, Portugal's proposed 2023 budget has made a provision to tax gains on crypto holdings held for less than one year at a rate of 28%.
zkSync Parent Firm Sets to Launch Layer 3 Testnet ‘Pathfinder’ in Q1 2023
Matter Labs has announced a new layer 3 Ethereum scaling prototype called ‘Pathfinder,' which will be released in Q1 of 2023 and could turn out to be the first Layer 3 network built on the Ethereum blockchain.
BNB Chain Begins Innovation Incubator Program To Boost European Web3 Startups
The innovation incubator program will provide long-term support to web3 startups in Europe by offering outstanding web3 resources as well as training through reputable partners and community professionals.
Coinbase Enters Singapore after Gaining Licence
Coinbase has entered the Singaporean market as it has gained approval from the central bank to offer its crypto services in the city-state.