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Korea Blockchain Week, Aug. 8: First-day takeaways from the Cointelegraph team

The first day of the main stage event included a keynote presentation from Ethereum’s Vitalik Buterin, 1inch Network's Sergej Kunz, and Klaytn Foundation’s Sam Seo.

Six reasons why blockchain makes sense for commercial real estate: Deloitte

The study reveals that blockchain technology is well-positioned to take over more than 50% of the entire leasing and sale process across commercial real estate.

Web2 adoption key to Metaverse success, Klaytn Foundation founder — KBW 2022

“Even though it's hard, adapting Web3 technologies to Web2 platforms could be a way to bring mass adoption,” says Klaytn Foundation director Sam Seo.

Vitalik: Crypto payments will 'make sense' as tx costs fall to mere cents — KBW 2022

“It's a vision that has been, I think, forgotten a little bit and I think one of the reasons why it has been forgotten is basically because it got priced out of the market,” Vitalik Buterin said.

Aurora Labs exec details 'fascinating and devious' crypto scam he almost fell for

A sharp-eyed escrow agent and a screenshot saved Aurora Labs' head of product Matt Henderson from losing his tokens to scammers.

Once-hacked for $77M, Beanstalk's algo stablecoin protocol relaunches

Beanstalk Farms stablecoin protocol was relaunched on Aug. 6 with the team working to hopefully reclaim the $100 million market cap of its BEAN stablecoin prior to the hack in April.

What is Chainlink VRF and how does it work?

Using the provably fair and verifiable random number generator provided by Chainlink VRF, smart contracts can access random values without compromising security or usability.

What is a decentralized money market and how does it work?

Decentralized money markets function without a custodian, allowing only the original user to withdraw funds deposited by lenders and borrowers.

What will cryptocurrency look like in 2027? Here are 5 predictions

One year isn’t enough time to witness many fundamental changes, but five years is just enough for everything to change.

Nonfungible tokens don't live on the blockchain, experts say

Jonathan Victor noted that storing data off-chain doesn't mean it's centralized. It's still decentralized when it's done thoughtfully.

Antminer S19 XP dropped in a bid to swing crypto miners back into profit

Phil Harvey said that this type of miner can typically last a minimum of 36 months in a facility operated by their crypto firm Sabre56.

Experts find private keys on Slope servers, still puzzled over access

Blockchain analysis firms involved in Solana exploit investigation unpack the latest developments as teams try to figure out how private keys were stolen.

Nomad announces $190 million bounty for lost funds from recent hack

Nomad announced that it’s offering up to a 10% bounty to return funds stolen from the recent hack on the Nomad bridge on Aug. 2.

Solana-hacked crypto could be claimed as a tax loss: Experts

Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts.

Meta enables Instagram NFT integration in over 100 countries

Mark Zuckerberg's company, which posted a sharp loss in its Metaverse division in Q2, unveiled its digital asset expansion strategy on May 10, 2022.

Worthless JPEGs: Redditor turns NFT criticism into NFTs

One Reddit user collected quotes from NFT haters on the internet and famous skeptics like Warren Buffet, Peter Schiff and Dan Olson.

Self-custody isn’t for everyone: WisdomTree exec on ‘be your own bank’

As self-custody puts a lot of responsibility on a user, many may find it way too uncomfortable or too hard to handle.

Senator Warren proposes reducing Wall Street's involvement in crypto

Warren's letter urges OCC to collaborate with Fed and FDIC to develop an alternative cryptocurrency approach “that adequately protects consumers and the safety and soundness of the banking system.”

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