Transparency

Why Trust, Openness, and Interoperability Are Vital to Data Exchange

Things are changing rapidly and there is a significant rise in demand for decentralized data solutions. How do decentralized data solutions work? How effective are they? In which business instances can they help? Decentralized data protocols and marketplaces give individuals and enterprises the opportunity to monetize their data in a way that is safe and compliant. Through blockchain technology, information is traceable and verifiable via its decentralized application archive. Data that flows through its decentralized archive is immutable and cannot be changed, allowing for increased control both within and between

Message by LEDGER’s CEO – Update on the July data breach. Despite the leak, your crypto assets are safe.

12/21/2020 | Blog posts, Security Dear Ledger clients, As you know, Ledger was targeted by a cyberattack that led to a data breach in July 2020. Yesterday, we were informed about the dump of the content of a Ledger customer database on Raidforum. We believe this to be the contents of our e-commerce database from June 2020. At the time of the incident, in July, we engaged an external security organisation to conduct a forensic review of the logs available. This review of the logs enabled us to confirm that

First company ever founded in Liechtenstein without bank account but instead with Ether as initial non-cash contribution

We are pleased to announce that on 13th August 2020, Amazing Blocks was established as the first company in Liechtenstein with an initial contribution of Ether instead of cash. For the foundation, a bank account in Liechtenstein was not necessary. It is now possible to found a company solely with the contribution of crypto assets in Liechtenstein without the need for a bank account. As a product, Amazing Blocks offers “digital legal entities as a service”. Specifically, this is software to tokenize the shares for legal entities in Liechtenstein leveraging

Ham to Improve on Yam With Latest DeFi Experiment

The Yam yield farming frenzy that took DeFi by storm last week highlighted a number of elements that could have been improved with the launch. A new offering called Ham aims to right the wrongs and improve on Yam with a truly community-driven project. There were several flaws with the Yam launch, but the ultimate reason was that it had to be rescued by whales. This pretty much negates any progress made on the path to becoming a truly democratic and community-governed monetary system. A migration plan proposed late last

Two Attacks on ETC Network Leave Community Needing a Solution, Fast

Ethereum Classic, a 2016 hard fork from Ethereum’s main blockchain, has suffered multiple concerning network attacks over the last two years. Two such attacks occurred within a seven-day span, totaling millions of dollars in losses. With the dust settling from the two 51% attacks, further details are now coming forward, as provided by a number of industry experts.“There is no debate about the attacks,” ETC Labs CEO Terry Culver told Cointelegraph on Aug. 7, answering a question on whether or not the network difficulties were in fact 51% attacks. “Community

Unraveling the Blockchain and Crypto Gaming World One Click at a Time

Regular readers will no doubt be aware of the high expectations currently being placed on the shoulders of blockchain gaming. For advocates of blockchain technology, there is the hope that tapping into the estimated 2.5 billion gamers worldwide will provide a huge leap toward mainstream adoption.Blockchain and distributed ledger technology continue to make inroads into all kinds of industries as an increasing number of people discover and gain an understanding of the benefits that it can bring. From supply chain efficiencies through certification of authenticity and provenance to the immutable

Swipe Is the Latest Project to Integrate Chainlink’s Price Oracles

Swipe wallet and crypto debit card platform has integrated Chainlink (LINK) data oracles to improve the accuracy of reward issuance and token burns. Swipe CEO Joselito Lizarondo said Chainlink’s decentralized price feeds will provide more accurate and fair token conversion prices for users and was an important step towards  greater decentralization:“This is important to us to bring transparency to our users, especially as we're kind of leaning towards starting to migrate from custodial products to noncustodial products in the future. So this is a starting point of decentralization in our system