Flow Foundation Seeks Court Order to Halt Korean Exchange Delistings
Flow Foundation and Dapper Labs filed a motion in a Seoul court to suspend planned delistings of the FLOW token by several major South Korean exchanges.
A block reward is the incentive given to a blockchain participant for successfully creating or validating a new block. It typically consists of newly issued cryptocurrency and may also include transaction fees from the block. Block rewards are used in both proof-of-work and proof-of-stake systems to encourage honest participation and network security. In proof-of-work, miners compete to solve cryptographic puzzles, while in proof-of-stake, validators are selected based on staked assets. Over time, block rewards may decrease according to predefined issuance schedules.
Flow Foundation and Dapper Labs filed a motion in a Seoul court to suspend planned delistings of the FLOW token by several major South Korean exchanges.
PsiQuantum has begun construction on a large-scale quantum computing facility designed to house a one million-qubit system. Researchers say machines of this scale could eventually challenge Bitcoin’s cryptography.
Coinbase has formed an independent advisory board of cryptography and quantum experts to evaluate long-term risks that quantum computing could pose to Bitcoin and blockchain security.
Hundreds of crypto wallets across EVM-compatible chains have been drained in an ongoing attack, with investigators yet to identify the root cause or point of compromise.