• RenVM bridges blockchains
    Cryptocurrencies,  Technology

    RenVM bridges Bitcoin, Ethereum blockchains

    Ren says its ultimate goal is to connect ‘any imaginable pair of blockchain-based tokens’—telling Modern Consensus this could start happening within months

    An open decentralized finance protocol has launched its core product today: RenVM bridges blockchains, enabling Bitcoin, Bitcoin Cash, and Zcash to be brought to the Ethereum blockchain.

  • Facebook ditches Calibra name
    Cryptocurrencies,  Politics

    Facebook ditches Calibra name and renames crypto wallet ‘Novi’

    Facebook’s Libra frontman and Calibra CEO David Marcus says the change is designed to alleviate ‘confusion.’ Conveniently, it will also help distance Libra from Facebook, whose poor reputation is an anchor around the neck of the stablecoin

    First, the Libra Association underwent a radical overhaul in an attempt to make Facebook’s controversial stablecoin project more palatable to investors. Now, the embattled social network’s cryptocurrency wallet, Calibra, is getting a new name, too.

  • Blockchain Bill of Rights
    Politics,  Regulation

    World Economic Forum unveils ‘Blockchain Bill of Rights’—will it work?

    Achieving consensus in a fragmented landscape isn’t easy. Despite the proposal getting several significant signatories, plenty of hurdles remain

    The blockchain industry is a fragmented one—with countless projects forging their own way as they try to find compelling use cases for this technology. But now, the World Economic Forum’s Global Blockchain Council is attempting to ratify some universal standards in a so-called “Blockchain Bill of Rights.”

  • Zcash traceable
    Alt coins,  Technology

    Without a trace? Not Zcash, researchers warn

    It has been billed as a privacy coin boasting advanced cryptographic technology, but new research suggests these features are going unused

    A new study by Carnegie Mellon University has uncovered a huge problem with one of the biggest privacy coins… just 0.09% of Zcash transactions in a 30-day period were untraceable.