Decentralized Exchange Waves Scored a $6 Million Debut. Then It Got Hacked

When a decentralized cryptocurrency exchange supports fiat tokens and courts banks, yet makes customer identification optional, all bets are off. According to data provided to CoinDesk by the blockchain project Waves, the company’s new decentralized exchange (DEX) was facilitating $6 million of crypto transactions a day in beta testing last month. That’s six times the…

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R3 Launches Corda Enterprise With First-Ever ‘Blockchain Firewall’

More than a year in the making, Corda Enterprise has arrived. Announced Tuesday, blockchain startup R3 has released a paid version of its signature open-source Corda blockchain technology, one that offers added features aimed at regulated institutions including 24/7 support, disaster recovery and more. The big reveal comes just over 13 months after R3 raised…

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Xunlei Launches Blockchain Platform Amid Ongoing ‘ICO’ Lawsuits

Xunlei, the NASDAQ-listed cloud network provider, has launched its proprietary blockchain platform, despite ongoing class actions over an alleged initial coin offering (ICO). At a press event in Beijing on Friday, the company announced its open blockchain platform dubbed ThunderChain, which is designed to enable developers to build decentralization applications. Based on the practical Byzantine…

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IBM-Backed Blockchain Trial Takes Aim at Advertising’s Middlemen

Online advertising has long seemed a ripe target for blockchain transformation. Going back to the early days of bitcoin, technologists imagined that cryptocurrency tips would fund content creators so they wouldn’t have to rely on display ads to pay the bills. More recently, marketers have experimented with smart contracts on ethereum to prevent bots from…

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