Search results for PoS
Crypto
Ethereum Foundation sees continued staff departures; 5 senior members leave in May
Two more key researchers have resigned from the Ethereum Foundation, lifting confirmed major departures this year to at least eight. Cointelegraph reported that Julian Ma and Carl Beek left after 4 and 7 years, respectively. Their exits bring to 5 the number of senior developers and researchers who have left in May alone. The departures follow earlier resignations and a leadership shake-up signalled by Ethereum co-founder Vitalik Buterin.
Crypto
Smashfi CEO says only bitcoin works as long-term saving asset
Baek Hoon-jong (백훈종), CEO of DA Ground, which runs bitcoin accumulation service Smashfi, said he concluded bitcoin is the only cryptocurrency suitable for storing value and long-term saving. The company launched the centralized crypto finance service Sandbank in 2021 but shifted to a bitcoin-focused model after introducing Smashfi in October 2023. Baek said Smashfi targets self-custody users globally and plans further overseas expansion.
Crypto
Former Ripple CTO says Bitcoin reward structure may be worst security model
David Schwartz, a former chief technology officer at Ripple, criticised the block production reward structures of Bitcoin and Ethereum, saying they can create distorted incentives rather than strengthen network security. He said both proof-of-work and proof-of-stake systems can push participants to prioritise profit maximisation, potentially conflicting with users. Schwartz argued XRP Ledger avoided these issues by excluding block rewards and relying on voluntary validation by those who benefit from network stability.
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Finance
Toss Place, Korea Credit Card Inquiry Terminal Association team up to improve payment environment for small merchants
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Crypto
Ethereum 65 percent, Solana 100 percent vulnerable to quantum attacks as \'Q-day\' shock looms
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Games & Commerce
Musinsa opens Seongsu megastore in push to expand offline
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Crypto
Coinbase urges crypto industry to prepare for quantum computing threat in first position paper
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Crypto
Bitcoin, ethereum diverge on quantum computing response strategies
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Crypto
XRP holders may earn 5 to 10 percent as lending and DeFi options expand
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Finance
Korea Credit Data posts 2025 revenue of 162 billion won, up 13.3 percent
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Crypto
Grayscale warns \'quantum jump\' could upend cryptography, calls XRP a quantum-security pioneer
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Telecommunications & Media
SK Broadband launches dedicated security service for small business owners
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AI & Enterprise
CJ OliveNetworks completes Shinsung Trading next-generation POS build
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Games & Commerce
Mgame holds 2026 vision briefing, unveils lineup including \'ProjectZ\'
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Crypto
Ethereum’s \'ultrasound money\' dream fades after PoS shift lags bitcoin
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AI & Enterprise
Lounge X steps up AI agent-based retail solution strategy
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Finance
Naver Pay signs deal with Retail & Insight to drive digital innovation at marts
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Finance
IMU signs solution supply deal with Austria\'s Orderman