The Bermuda government has announced that it has begun testing the Bermudian Dollar Token (BMDT) digital currency pegged to the Bermuda dollar. Denis Pitcher, chief financial adviser to the Prime Minister of Bermuda, said the BMDT would be used to distribute financial aid to the public. The development of this stable cryptocurrency has been carried out since the end of last year by the startup Stablehouse. The authorities intend to examine whether Bermuda residents will

An anonymous researcher under the pseudonym Frank Topbottom accuses Ethereum miners of arbitrarily including transactions in blocks to manipulate transactions in DeFi. The researcher believes that with the development of the decentralized finance (DeFi) industry, the likelihood of manipulating data on the blockchain for profit only increases. This can be explained by the fact that miners are free to decide which transactions they can process and in what order. This practice is called “miner extractable

Chainlink has acquired the privacy-focused DECO oracle protocol created by developers at Cornell University and is also working on the project’s second White Paper. DECO was co-authored with Ari Juels, former chief scientist at RSA, a digital security company. He will now hold a similar position at Chainlink Labs. Jewels, who also teaches at Cornell University, developed DECO with other developers. Chainlink co-founder Sergei Nazarov and Jewels have started to create the second White Paper

The developers of CipherTrace have presented a set of tools for tracking transactions with the Monero cryptocurrency (XMR). The tools will be used by the United States Department of Homeland Security (DHS). CipherTrace executives explained that the firm’s end-to-end solution will enable analysts to search and monitor XMR transactions. The company has been working on the creation of the tools for a year, working with DHS’s R&D department. According to the GovTribe, CipherTrace received $

Asian exchanges account for more than 95% of cryptocurrency futures contracts trading volume, according to a new report by Swiss company Blockchain Valley Ventures (BVV). As BVV states in its report, Asian exchanges account for 95% of cryptocurrency futures trading, while Huobi, Binance and OKEx have surpassed BitMEX to become the leading spot and derivatives markets. At the same time, 83% of the trading volume for cryptocurrency derivatives is carried out on six exchanges, and

Galaxus, Switzerland’s largest online retailer, partnered with Coinify to make the first payment using the digital Swiss franc DCHF issued by Sygnum Bank. Sygnum Bank, Coinify and Galaxus have announced the world’s first e-commerce transaction using the bank-issued Sygnum Digital Swiss Franc (DCHF) stablecoin pegged to the Swiss franc at a 1: 1 ratio. DCHF eliminates the need for a bank card system, reduces costs and the likelihood of fraud, and processes transactions in real

Three years after the sale of $ 257 million tokens, the Filecoin project launched a test storage network on the blockchain, the capacity of which reached 12.9 petabytes. According to the Filecoin project website, blockchain-based file storage “incentivized testnet” capacity has reached approximately 12.9 petabytes in less than two days since launch. https://bits.media/upload/medialibrary/2e5/filecoin.jpg On August 24, developers launched the Filecoin Space Race, positioning it as a “co-competition” for stress testing the network. The developers of

The New Zealand stock exchange NZX has been under attack by hackers for the third day. To stop the attack, the attackers demand a ransom in bitcoins. Hackers overload the exchange’s communication channels and interfere with its normal operation. They stepped up their attack this morning and the NZX was unable to start trading on time. In addition, trading was closed for an hour on Tuesday and three hours on Wednesday. At the same time,

The dYdX decentralized exchange has launched perpetual contracts for the LINK / USD pair that receive price data from Chainlink decentralized oracles. The dYdX decentralized exchange has announced the launch of perpetual contracts for the LINK / USD pair. The new contracts will use prices for LINK / USD from Chainlink’s decentralized network of oracles, which provide on-net price data and are tamper-proof. Perpetual contracts are similar to futures contracts, whereby traders commit to buy

The total value of assets blocked in DeFi protocols grew by 271% in two months and exceeded $ 7 billion. If the current growth rate is maintained, this figure will reach $ 27 billion by the end of the year. According to DeFi Pulse, today the value of assets locked in DeFi applications in dollar terms for the first time exceeded $ 7 billion, while almost 90% of crypto assets are locked in smart contracts