archive-title Yearly Archives: 2020

Yearly Archives: 2020

DeFi Can Now Choose to Run Trustless Zero-Knowledge Proofs

In an interview with Cointelegraph at the Stanford Blockchain Conference on Feb. 19, Stanford University cryptography Ph.D. student Ben Fisch described Supersonic as a trustless zero-knowledge proof system, also referred to as a zk-SNARK.  Fisch helped create a trustless zero-knowledge proof system designed specifically for decentralized finance.  Trustless versus trusted zk-SNARKs While zero-knowledge proof systems […]

South Korea’s Bithumb Launches Zero Fee Transfers to Global Platform

South Korea’s largest cryptocurrency exchange, Bithumb, has announced it will take another step towards global expansion by strengthening integration with its international arm. On Feb. 26, Bithumb launched a new digital asset transfer service between the South Korean exchange and Bithumb Global, an new international digital asset exchange released by Bithumb in October 2019. Meanwhile, […]

Compound Extends DeFi Ethos to Itself, Launches Governance Token

Decentralized finance (DeFi) platform Compound is going ahead and decentralizing itself. “My personal belief is that nobody would use bitcoin if it was run by the ‘Bitcoin Corporation,’” Robert Leshner, Compound’s founder, told CoinDesk in a phone call. “Its power comes from the fact that nobody truly controls it.” In that spirit, Compound is launching […]

Australian Soccer Club Calls Off Purchase Deal With Controversial Crypto Company

The owner of a top-tier Australian football club has walked away from buyout negotiations with a controversial cryptocurrency company. Owner Tony Sage confirmed Monday a deal to sell 80 percent of the equity in Perth Glory FC to the London Football Exchange (LFE) had been scrapped, according to Australian news source The New Daily. LFE […]

Crime And Punishment In The Cryptocurrency World – Forbes

On December 2, 2019, prosecutors in the Southern District of New York unsealed a criminal complaint against Virgil Griffith for conspiracy to violate U.S. sanctions authorized by the International Emergency Economic Powers Act by providing services to the Democratic People’s Republic of Korea (North Korea).  The indictment of Griffith, one of the developers of the […]