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Crypto

Wyoming makes state-issued FRNT stablecoin available to public

Wyoming has launched the Frontier Stable Token (FRNT), the first state government-issued stablecoin in the United States, Cointelegraph reported. Governor Mark Gordon said it is a fully reserved, fiat-backed stablecoin issued by a U.S. public agency. FRNT can be bought on Kraken and was issued on Solana. It can also be transferred to several blockchains and bought via Rain. It is backed by dollars and short-term Treasuries, with interest going to the state.

Industry

KAIST develops method to analyse semiconductor electron traps and defects simultaneously

KAIST and IBM developed a measurement technique to identify internal defects in semiconductors with 1,000 times greater precision, KAIST said on Thursday. The method combines Hall measurements with light and temperature conditions to calculate the amount and properties of electron traps while also measuring charge transport. The team validated the approach in silicon and then applied it to perovskite, finding trace electron traps that were difficult to detect with existing methods.

Crypto

Zcash developer ECC splits with Bootstrap Foundation, forms new company

The Electric Coin Company team that developed privacy-focused cryptocurrency Zcash is splitting from the Bootstrap Foundation and will form a new company, Cointelegraph reported. CEO Josh Swihart said the entire team decided to resign due to disagreements with the foundation’s board and cited changes to employment terms. Zcash founder Zooko Wilcox said he trusted the board’s integrity and that the dispute would not affect network security or privacy. Zcash was down about 7 percent over 24 hours to around $461.