The French commune of Verneuil-sur-Seine is using blockchain technology to vote in a consultation over a 50-year-old road project between three towns. According to Verneuil-sur-Seine’s official website, the commune as well as nearby towns Vernouillet and Chapet are allowing blockchain-based votes through the Yvelinoise-based startup Avosvotes from Oct. 1–8. Residents can voice their opinions on a road bypass between the towns of Orgeval to Les Mureaux near the Seine River by voting for or against the project. The blockchain voting app reportedly verifies residents’ identities, provides certificates stored on the Tezos blockchain as proof votes were cast through smart contracts, …

Frederik Gregaard, the incoming CEO of the Cardano Foundation, shared with Cointelegraph his perspective on fintech's competitive landscape and major technology trends. Discussing competition, Gregaard said that the protocol's biggest opponents do not come from within the blockchain space: “I think the biggest competitor, it's really the largest technology companies today around, the large tech platforms such as Google, Amazon, Tencent, Alibaba, those kind of players”. Gregaard believes that social-media-based big technology providers have morphed from supplying their customers with meaningful tools to essentially owning and manipulating their users. He went so far as to call them “an addictive, mental, …

Over the weekend hackers stole about $150 million in user funds from a number of hot wallets at KuCoin exchange. Previous instances of hacking usually have a negative impact on crypto prices but as the news broke the price of Bitcoin (BTC) and major altcoins hardly budged. In a recent interview with the Human Rights Foundation, Square CEO Jack Dorsey said that “security is not something that can ever be perfected” and it is a constant endeavor to stay ahead of the attackers. Dorsey added that Bitcoin and blockchain are the future where every bit of content will exist forever …

China’s government-backed blockchain project, the Blockchain Service Network, has announced the integration of the Tezos blockchain onto its international portal. According to an official announcement on Sept. 24, Tezos has been selected as the “one of the first batch of blockchains” to be integrated into the BSN International — a global platform providing access to public chain services on the BSN. Due to the integration, developers worldwide can now access the Tezos protocol using BSN’s global public city nodes and portals. According to the BSN, there are three global public city nodes that have integrated with the Tezos blockchain in …

Tim Draper, the prominent venture capitalist and tech billionaire who purchased nearly 30,000 Bitcoins (BTC) that were seized from the Silk Road, has revealed his digital currency holdings span at least half a dozen different crypto assets. Speaking at a recent investment conference, Draper revealed that his holdings include Bitcoin Cash (BCH), Ripple (XRP), Tezos (XTZ), and Aragon (ANT), adding: “I’m a believer. I think it’s happening – [adoption] it’s coming. It’s so important for the world, and I want the world to know it, and I want other people in the world to get on board.” Draper’s comments come …

After several years in development, Ethereum 2.0 is now more tantalizingly close than ever before. Despite a shaky start with the Medalla testnet, it seems that development is still on track. Prysmatic Labs developer Raul Jordan indicated in a recent blog post that “2 to 3 months from the Medalla genesis block is still an ideal timeline.” At this point, what are another three months? The idea of an upgrade has been floating around in some form since the platform was first launched in 2015. The time it has taken to get this far in implementing Ethereum 2.0 speaks to …

The three-year-long class action lawsuit targeting Tezos (XTZ) has come to a conclusion after Judge Seeborg approved Tezos’ $25 million settlement on Friday. According to the judgment, the funds will be distributed among “all persons and entities” who participated in Tezos’ 2017 initial coin offering from July 1 to 13 and sold their XTZ for a loss before Nov. 25, 2019, did not sell their tokens before Nov. 25, or are unable to access their XTZ due to lost passwords. Eligible parties must file a claim to receive a share in the settlement before Oct. 16, 2020. The plaintiffs’ counsel …

Popular staking platform Tezos has taken a step closer to decentralized finance with the integration of Harbinger price oracles. Harbinger is a project that delivers signed price feeds based on real time market data from multiple exchanges. The on-chain data will be fed directly to the Tezos network making it ‘DeFi ready’ for future applications. Using a similar method to Tezos delegated staking, which enables token holders to delegate their XTZ to a validator, or ‘baker’, Harbinger will enable price oracles to be delegated and prefunded. The official announcement explained further that; “This enables the development of self-sustaining price oracles, …

This week Warren Buffett made waves throughout financial media as reports that Berkshire Hathaway sold several bank stocks and purchased shares in Barrick Gold were made public thanks to the company’s latest quarterly shareholder filing. This purchase is significant because Buffet has been a strong critic of gold, however, in the current economic conditions, he appears to have changed his view and sought safety in the asset. Bitcoin advocate Max Kaiser believes that several fund managers are now likely to increase their allocation to gold, which could boost its price to $5,000. Kaiser also expects institutional money to flow into …

On August 11 MicroStrategy, the world’s largest publicly traded business intelligence company, announced that it had ditched fiat currency and built its primary treasury reserve with Bitcoin (BTC). The company’s CEO Michael J. Saylor believes that the coronavirus pandemic and the stimulus measures enacted to counter it will cause “a significant depreciating effect on the long-term real value of fiat currencies and many other conventional asset types.” Saylor further explained that Bitcoin “is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash.” Daily cryptocurrency market performance. Source: Coin360 On similar lines, …

As Chainlink (LINK) reaches a new all-time high after all-time high, it would be expected to see a similar move on Tezos (XTZ). This is because these two coins have been moving in tandem in recent years and have been one of the few resilient digital tokens despite the cryptocurrency bear market during the period. Crypto market daily performance. Source: Coin360 Tezos did indeed show strength as XTZ rallied from $2.95 to as high as $4.50 in the previous four days, resulting in a rally of more than 50%. But is an even bigger rally in the making for Tezos? …

China’s blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website. Appearing on Aug. 10, the new english-language BSN website aims to help bring global developers to the project. Integration with six permissionless blockchains He Yifan, CEO of Red Date Technology, a local private company and a founding member of the BSN, told Cointelegraph that the new website allows developers to use BSN services and public chain services via the portal. As part of the new global effort, the BSN now features live integration of six public chains including Ethereum, EOS, Nervos, Tezos, NEO …