HOPR Data Privacy Testnet to Launch Following Investment by Binance

Swiss data privacy startup HOPR is launching its first public testnet shortly after securing $1 million in investment from investors like Binance. HOPR said that the startup is preparing to launch the testnet and community support program on July 16.  The event will feature rewards in MakerDAO’s stablecoin Dai (DAI). Token sale date undisclosed The HOPR project was launched in response to increasing concerns over online data privacy. The Swiss company develops open source tools for the Web 3 ecosystem and offers a new blockchain protocol for protecting user data.…

Singapore’s Blockchain Payments Platform Ready for Commercial Launch

Singapore authorities announced today that their blockchain payments project, Project Ubin, is complete and ready for commercial launch.  The Monetary Authority of Singapore, or MAS, first undertook Project Ubin in 2017 with plans to first develop a digitized Singapore dollar (SGD). The next steps involved exploring blockchain and distributed ledger technology to build a system for the clearing and settlement of payments and securities using digital SGD. For the final phase of the project, MAS worked in collaboration with the Singapore-based investment company Temasek and the American investment bank JPMorgan. …

More Delays? Ethereum 2.0 Developers Expect 2021 Launch, Vitalik Buterin Pushes for 2020

Key Takeaways Ethereum developers are concerned about launching ETH 2.0 before 2021, which may not give devs adequate time to iron out bugs. Vitalik Buterin disagrees, saying the risk of launching in 2020 is acceptable given that most applications will remain on ETH 1.0. Ethereum 2.0 has been delayed time and time again, so missing the November deadline wouldn’t be surprising. Share this article Ethereum developer Justin Drake said the earliest ETH 2.0 could launch is January 2021. Vitalik Buterin disagrees and is pressing ahead with a November 2020 launch…

Polkadot Wants to Enable You to Launch Custom Blockchains in One Hour

During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour. When speaking at event on July 7, Škvorc explained in detail how to create a blockchain based on Polkadot’s modular “Substrate” architecture. Furthermore, he illustrated how blockchains built this way can be seamlessly updated without needing to hard fork. Škvorc explained that Substrate-based blockchains can be configured by choosing from many available modules to better suit the needs of who is building them. He also claims that — thanks to being…

Chainlink Rises 15% Amid China’s Blockchain Network Launch

Chainlink (LINK) reached an all-time high of $5.60, appreciating 15% on the day. This comes amid the news that China’s Blockchain Service Network, or BSN, launched this past weekend. LINK price over the past 12 months. Source: Nomics. The BSN recently integrated Chainlink’s price oracles into its ecosystem. The founding members of the BSN consortium were local tech leviathans like the China Mobile Communication Corporation and China Union Pay. Its stated goal is to advance blockchain technology in China.  135 nodes go live in China A source familiar with BSN’s…

Careful! There’s a Justin Sun Look-a-Like Trying to Launch a Fake Tron Privacy Coin

Gumi Cryptos Capital partner, Miko Matsumura, recently spoke with a scam artist pretending to be Justin Sun. The imposter was attempting to sell a supposed privacy-focused crypto asset pegged to the value of real Tron TRX coins.  Upon initial inspection of the project and its token sale, Matsumura jumped on Skype for a call with someone who claimed to be Justin Sun. “The impostor was very realistic as you can see,” Matsumura told Cointelegraph referring to a video he provided of his chat. The video looked highly suspicious The video of…

Blockchain-Enabled ‘Neon District’ RPG Will Launch on Matic Network

The much-delayed blockchain role-playing game Neon District will be launching on Ethereum layer-two scaling solution Matic, according to a recent announcement.  Neon District developer, Blockade Games will also move several of its community games onto the network. Could we finally be entering the Neon District? Neon District has been coming “soon” since October 2019, when its imminent launch was delayed by six months.  Set in a dystopian future, the game centres around rebels fighting an authoritarian government. Players level up their characters by completing missions, and acquire equipment in the…

Lithuania to Launch CBDC This Month — Intended for Collection Purposes, Not Trade

The Bank of Lithuania, or BoL, will launch a pre-sale of its CBDC, dubbed LBCOIN, on July 9, a representative for the central bank told Cointelegraph. The coin itself will be issued and sold on July 23. While LBCOIN is technically a CBDC based on the NEM blockchain and issued by the central bank of Lithuania, the financial institution prefers to call it “the world’s first blockchain-based digital collector coin”. Indeed, LBCOINs will be issued for collectible purposes. This is happening as part of the country’s larger research on blockchain…

Cardano’s ‘Shelley’ Mainnet to Launch Soon

Cardano (ADA) is upgrading from “Byron” over to “Shelley”. According to an announcement from the project: “We’ve been successfully running node v 1.14.2 on the Shelley public testnet for over a week now. And we can confirm that we’ll deploy the new node to the Cardano mainnet… today, 30th June as per the first date in the rollout plan.” Shelley offers greater decentralization and lays the groundwork for Goguen, which will introduce smart contracts. The Shelley version of Daedalus wallet has been released as well. This story is currently developing.…

Kyber Network Sets Date for Launch of Katalyst Protocol Upgrade

On-chain liquidity protocol Kyber announced on June 29 that a major upgrade of Katalyst protocol will go live on July 7, 2020. The upgrade includes changes to the Kyber Network Crystal (KNC) token model to attract more participants to the development of the protocol. According to the announcement, Katalyst aims to reduce friction in liquidity contributions, introduce rebates for high-performing reserves, and allow decentralized apps to integrate with the Kyber network by adding a custom spread. Participating in governance Among the features included in the upgrade is the launch of…