The Sandbox Employs KYC Measures for Protocol Staking
Metaverse website made an announcement stating that the Sandbox would need Know Your Customer (KYC) verification for its staking procedures. According to the release, non-verified users will be restricted to withdrawals only and cannot stake The Sandbox (SAND $0.40) tokens, which are native to the platform. Users are presently staking 123 million SAND, or 6.7% […]
KuCoin Suspends Bitcoin, Litecoin Mining Pools
KuCoin, an exchange with over 20 million clients, will pause its Bitcoin and Litecoin mining pools as part of a shift towards its core business focus. Without going into more detail, the exchange stated that the choice was “in line with KuCoin’s evolving business strategy .” Uncertainty exists regarding the decision’s connection to the imminent […]
Worldcoin to Extend ID Verification System
Worldcoin intended to broaden its global operations and make its iris-scanning and identity-verification technology available to other businesses. Worldcoin (WLD), introduced on July 25, offers users a digital ID and free cryptocurrency in some countries in exchange for iris scans and is helping to build a unified “identity and financial network.” Users all across the […]
Binance Japan Starts Onboarding Users
Binance Japan, a subsidiary of Binance, will begin onboarding users in Japan on its newly launched platform. Approximately two years after being issued a warning by the nation’s financial regulator, major cryptocurrency exchange Binance announced the opening of a Japan-based branch. Local cryptocurrency exchange Sakura Exchange Bitcoin has started as Binance Japan, according to a […]
ConsenSys Releases ‘Fuzzing’ Tool to Test Smart Contract
Ethereum creator Consensys have released an automated tool for smart contract audits to increase security. Consensys, an Ethereum development company, has released a self-contained Fuzzing tool through its Diligence smart contract review section. With this technology, developers can easily find flaws in Ethereum (ETH) smart contracts. Fuzzing has its roots in the identical software testing […]