Crypto News 

How MIT Joined Ethereum in the Race for the First PoS Blockchain

“The Ethereum foundation suggests a PoS blockchain model in which nodes can work in parallel” writes Julia Magas for cointelegraph.com. This allows the Algorand blockchain to reach the scale and performance necessary to process transactions of millions of users.Algorand nodes will be able to verify transactions using only 1 percent of the data that the Bitcoin blockchain usually uses. Source: cointelegraph.com

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Report: MIT Researchers Design Cryptocurrency 99% Less Data-Intensive Than Bitcoin

“Researchers at the Massachusetts Institute of Technology (MIT) have reportedly developed a cryptocurrency that needs transaction-verifying nodes to store 99 percent less data when compared to Bitcoin (BTC)” writes Adrian Zmudzinski for cointelegraph.com. The cryptocurrency in question is dubbed Vault and will be presented at the Network and Distributed System Security Symposium (NDSS) next month. Source: cointelegraph.com

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Crypto News 

GMEX Launches Crypto Custodian and Vault Services

“With this, the company has extended its support to provide digital custodian services to high volume digital asset holders” writes Arnab Shome for financemagnates.com. Both the products will be a part of the GMEX Fusion product suite which provides digitally enabled hybrid trading and post-trade solutions for exchanges, clearing-houses, and central securities depositories (CSD).With these solutions, GMEX is targeting the lucrative institutional investors who are jumping on the crypto market.It can be integrated with ForumCustod and deployed by an exchange or third-party custodians linking to their internal cryptocurrency and digital…

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Gold-medal winning vault officially dubbed ‘The Biles’

“Simone Biles will have a second element named in her honor on the gymnastics code of points in recognition of her extraordinary vault at the Artistic World Championships in Doha” reports sportingnews.com. Biles took her tally of world titles to a record 14 in Qatar in November despite suffering with a kidney stone.The American also claimed a record fourth all-round gold medal and the four-time Olympic champion raised the roof when she unveiled her new vault. Source: sportingnews.com

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Crypto News 

Ledger, Neufund Partner to Create Security Tokens Framework

“At that time, Neufund was reportedly aiming to become the first end-to-end primary issuance platform for security tokens, specializing in equity tokens” writes Ana Alexandre for cointelegraph.com. Ledger’s collaboration with blockchain-based equity and crypto fundraising platform Neufund aims to develop a framework for security tokens.Cryptocurrency hardware wallet firm Ledger has partnered with German crypto startup Neufund to let users manage security tokens via Ledger’s desktop app, according to a press release Dec. 6.Previously, Neufund teamed up with cryptocurrency exchange BitBay to let investors buy and sell equity tokens with fiat currencies.Ledger…

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Florida teen rescued after being trapped in bank vault for hours

“A trespassing teen was trapped in the vault of an abandoned bank for hours before being rescued Wednesday in Hollywood, Florida” reports nypost.com. The Broward County Sheriff’s Office Technical Rescue Team initially contacted vault manufacturers for advice on how to dismantle the two-foot-thick steel door, according to CBS Miami.A few hours later — thanks to some tax-payer dollars — his friend was finally freed when fire fighters managed to track down a secret code to crack the vault.In the end, it was trusty former bank employees who saved the day…

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PSA: Anastasia Beverly Hills is releasing an eyeshadow palette vault

“Black Friday aka 23rd November, is when the vault of dreams will officially be released, exclusive through the Anastasia Beverly Hills website” writes Laura Capon for cosmopolitan.com. Tis the season to be jolly because Anastasia Beverly Hills has just announced they are launching an exclusive eyeshadow vault containing four of their best selling palettes.Not only is this vault a thing of beauty, but it’s also a real money saver. Source: cosmopolitan.com

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Towering Gravity-Based ‘Batteries’ Are Coming to India

“Lift the bricks when there is excess power, then lower them to regenerate it when need be” writes David Grossman for popularmechanics.com. These bricks are lifted when there’s excess energy to go around, then are given a controlled drop when more energy needs to be generated.Energy Vault claims the round trips of a given brick are 90 percent efficient when it comes to power use.Instead, they use “custom made concrete bricks” that the company says will not degrade over time. Source: popularmechanics.com

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Simone Biles becomes most decorated world champion in gymnastics history

“Xiao had a higher execution score, keeping Whitlock from a third world title on the event” reports nbcsports.com. In other events, two-time Olympian Sam Mikulak‘s bid for a first individual Olympic or world medal was foiled yet again.Greek Eleftherios Petrounias put off shoulder surgery to win his fourth straight Olympic or world title on still rings, beating 2012 Olympic champ Arthur Zanetti by .266.Biles earned her first world title on vault and her first world medal (silver) on the uneven bars on Friday, checking off two of the (relatively) biggest holes on her résumé.Carlos Yulo earned…

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Biles dominates at world championships despite kidney stone

“Simone Biles was dominant in qualifying at the world gymnastics championships in Doha, despite being admitted to hospital with a kidney stone on the eve of the event” writes Guardian Sport for theguardian.com. The 10-time world champion had tweeted from her hospital bed on Friday, saying: “Nothing like a late night ER visit less than 24 hrs before world championships. Source: theguardian.com

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