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Crypto

Stellar security model controversy spreads; Charles Hoskinson calls it legitimate technology

Cardano (ADA) founder Charles Hoskinson (찰스 호스킨슨) publicly pushed back against controversy around the Stellar network that followed a partnership announcement between the Depository Trust & Clearing Corporation and the Stellar Development Foundation. He called Stellar legitimate technology and questioned criticism of its structure. The debate has focused on Stellar’s security model and its consensus approach. Critics argue Stellar lacks economic security, while Stellar developers say its design reflects different choices, not weaknesses.

Games & Commerce

BPMG expands Web3 business using game IP, pursues new titles including Fortress 3

BPMG is expanding its Web3 business by combining key game intellectual property with a social community platform. The blockchain and AI company said on May 27 it will work with game subsidiary Blomix to develop Web3 games using IP such as \"Fortress 3 Blue\", \"Cooking Adventure\" and \"EOS Red\". It plans to link with the global Web3 platform Popplus, expand user participation features and apply its GHUB token across the platform and games.

Crypto

Japan corporate-led blockchain to issue yen stablecoin for B2B payments

The Japan Blockchain Foundation plans to issue EJPY, a yen-pegged stablecoin, on Japan Open Chain and Ethereum. The token is designed as a trust-based stablecoin for uses including business-to-business payments, digital asset payments, remittances and payments for Web3 services. The foundation will act as consignor and is in talks with trustee candidates. Detailed issuance conditions have not been set, but it is targeting a launch within the year.