Crypto giants co-launch Chainabuse platform to water down rising scams
Seven major crypto companies — Binance.US, Circle, Solana Foundation, The Aave Companies, Hedera, TRM Labs and Civic — joined hands to launch a community-driven scam reporting tool. Named Chainabuse, the tool aims to enable crypto users to issue warnings and discuss ongoing fraudulent activity such as scams and hacks in real-time. Launched on Wednesday, the […]
Hedera Governing Council to buy hashgraph IP, and open-source projects code
The Hedera Governing Council has officially voted to purchase the intellectual property rights to the hashgraph consensus algorithm from founding architect and inaugural member of the council, Swirlds Inc, for an undisclosed fee. A Jan. 19 announcement also details plans to transition their code to an open-source model this year under Apache 2.0 license, in […]
Eftpos reveals plans to power Australian smart cities with blockchain tech
Australia’s leading point-of-sale technology provider Eftpos Australia has revealed ambitious plans to roll out blockchain-powered autonomous vehicles and smart cities in Australia built using Hedera’s Hashgraph. Speaking on Tuesday as part of the Australian Blockchain Week, Robert Allen, deputy chair of Blockchain Australia and Eftpos’ entrepreneur in residence, discussed the firm’s intention to use distributed […]
South Korea's largest bank joins Hedera Governing Council
Shinhan Bank, South Korea’s largest financial institution by total assets, has joined the governance council overseeing the Hedera network. In an April 14 announcement, Shinhan announced it had become the latest member of the Hedera Governing Council to expand its efforts in the field of “digital transformation.” Hedera touts its hashgraph as an enterprise-grade blockchain […]
Australian payments giant Eftpos becomes Hedera node operator
Eftpos has joined Hedera’s governing council after the two entities completed a successful micropayments pilot last year.