Technology

In retrospect, it was inevitable: A team of blockchain developers has forked GitHub and come up with a system for collaborating on open source software. There’s even a decentralized finance (DeFi) twist. Announced Thursday, Radicle, a fully decentralized code repository, has raised $12 million in funding, integrated its peer-to-peer network with Ethereum and launched the
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The Secret Network, a protocol focused on privacy for decentralized finance (DeFi), has launched SecretSwap, a front-running resistant and cross-chain decentralized exchange. It is now live on the Secret Network mainnet.  SecretSwap uses the SNIP-20 secret token standard and Secret Ethereum bridge. “SecretSwap is the first front-running resistant, cross-chain [automated market maker]. Its architecture (being
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At 6:00 UTC Thursday, the Stargate upgrade of Cosmos will go live. The Cosmos community recommends that interested observers follow along by watching the @cosmos account on Twitter. Stargate represents an important milestone for the Cosmos project on the way to launching its inter-blockchain communication (IBC) protocol that will allow the 200+ Tendermint-based blockchains to
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A flash loan is relatively new type of uncollateralized lending that has become popular across a number of decentralized finance (DeFi) protocols based on the Ethereum network. These types of loans have made headlines recently because they have been used to exploit a number of vulnerable DeFi protocols, leading to millions of dollars in losses.
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Coinbase’s waitlist for Ethereum 2.0 staking is live. Per a press release shared with CoinDesk, Coinbase customers can now sign up to stake their ETH into the Beacon Chain smart contract, the coordinator and bridge between the old Ethereum and Ethereum 2.0, the network’s momentous migration to a proof-of-stake network. This upgrade will do away
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An Ava Labs engineer gave a rundown of the small code bug that severely crippled the Avalanche blockchain earlier this week.  In a Sunday Medium post, blockchain engineer Patrick O’Grady wrote that increased congestion on the network triggered a “non-deterministic bug” related to how the high-throughput, proof-of-stake blockchain keeps track of transactions.  Funds were never
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Seven female coders from Iran got scholarships and graduated from a bootcamp of ConsenSys Academy, Ethereum startup incubator’s educational branch.  The scholarships, a part of ConsenSys’ global program to help developers start coding on the Ethereum blockchain, might provide additional opportunities for people in the country largely cut off from the international tech community.  Women
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Enterprise software provider R3 has launched a new computing platform called Conclave which it says can handle sensitive business data while keeping it secret. According to a Thursday announcement, the Conclave platform will combine confidential computing with Intel Software Guard Extensions, which help protect data from modification. It also provides an API that allows clients to
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The Avalanche network has come to a near halt after “a bug in the cross-chain functionality” code that enables the Avalanche protocol and the Ethereum Virtual Machine (EVM) to speak with each other failed under high loads, according to the Avalanche developer team on Reddit. The release of Avalanche’s newest decentralized finance (DeFi) product money
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Gaming developers have begun integrating Bitcoin’s Lightning Network into their own games and existing titles to provide players with bitcoin payouts. The Lightning Network is a payment protocol that facilitates fast, near-feeless transactions on a network that operates with different rules than Bitcoin’s primary network. This in-game rewards economy offers everyday gamers a “stake” in
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Donations to the Brink open-source development fund are now tax exempt for U.S. donors. Founded and directed by Bitcoin Core contributor John Newbery, Brink provides grants to Bitcoin developers who work on its open-source tech stack. Now, it has secured 501(c)(3) status from the Internal Revenue Service, meaning any U.S. taxpayer donating to the fund
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The ERC-20 Ethereum token standard is a blueprint for creating fungible tokens that are compatible with the broader Ethereum network. Ethereum, or ether, is a cryptocurrency that allows for the creation of a variety of applications, including tokens, that don’t require intermediary services to operate, unlike most traditional applications. The ERC-20 standard has seeped into
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Curve Finance is making its way to another blockchain – Polkadot. The decentralized finance (DeFi) money market is building a cross-chain implementation to run on the Polkadot parachain Equilibrium. Once implemented, the automated market maker (AMM) will exist on both Ethereum and Polkadot. Curve Finance is one of the largest automated market makers (AMM) on
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Ethereum startup Matic Network is rebranding to Polygon as it goes all-in on further Ethereum Layer 2 scaling solutions. The India-based firm is pivoting toward addressing Ethereum’s throughput problem with a forthcoming Layer 2 aggregation SDK that can host multiple technologies at once, according to a blog post shared with CoinDesk.  The startup currently administers
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