Over the past few months, Ethereum community had been gearing up for its eighth network update, Istanbul. Earlier today, Istanbul went live on the network at block number 9,069,000. Several developers of the Ethereum network along with Vitalik Buterin live-streamed the “Istanbul Upgrade Countdown Party!” Buterin revealed that the fork block was mined by SparkPool....Read More
A specter is haunting the modern world, the specter of crypto anarchy. Computer technology is on the verge of providing the ability for individuals and groups to communicate and interact with each other in a totally anonymous manner. Two persons may exchange messages, conduct business, and negotiate electronic contracts without ever knowing the True Name,...Read More
When a popular browser removes multiple extensions from its platform, an uneasy situation is created. In the case of Firefox, four different extensions have now been outlawed. What makes this decision even more remarkable is how all Firefox extensions belong to the same developers. A Positive Development for Firefox Users The extensions in question are...Read More
The largest privacy-oriented cryptocurrency, Monero, recently upgraded its network in order to make the network ASIC-resistant. Prior to this upgrade, the network used to see a constant algorithm update to ward off ASIC miners; however, the recent change from CryptoNightR to RandomX promises to keep the network ASIC resistant for a much longer duration. Along with...Read More
Following the release of the Bitcoin whitepaper in late 2008, thousands for cryptocurrency projects have been launched. The vast majority of them have been unsuccessful because they didn’t really have a unique value proposition. Starting with Ethereum and Nxt, blockchain-based platform developers have tried to create decentralized networks based on a variety of protocols including...Read More
Cardano Sees Massive Adoption Event While Cardano (ADA) has been slipping over recent months, losing its spot as a top ten crypto asset, the blockchain underlying the token recently saw a massive adoption event. As reported by trade publication CryptoBriefing, Input Output (IOHK), a blockchain development studio that is one of the main maintainers of...Read More
Bitcoin Cash (BCH) proponents were introduced to a new project called the Cashweb protocol on Friday. The blockchain file sharing scheme allows people to store and load arbitrary data to the BCH chain. While the new protocol still has “a long way to go,” the developer decided to share his creation with the BCH community...Read More
There are many possible use cases for solar panels. They provide renewable energy for homes and public buildings. Additionally, they can also be sued to reduce the carbon footprint of our society. New research now confirms they can also be used to foster the growth of plants and crops. Unlike what was assumed until now,...Read More
In an industry where innovation is status quo, crypto exchanges have taken the lead in terms of delivering new tokens and creating newer gateways into the crypto ecosystem. One such leading establishment, Gemini announced the launch of Gemini Clearing™, which allows trades that are negotiated off-exchange or OTC to settle between Gemini accounts. Gemini co-founder...Read More
Stablecoin was crypto community’s answer to Bitcoin’s volatile market conditions, which managed to deliver some sense of stability within the ecosystem. The first and most controversial token in this space, Tether, has caught unwanted attention as one the company’s co-founders, William Quigley, mentioned something controversial. The information was highlighted on Twitter by @lisaabramowicz1, who tweeted,...Read More
The crypto ecosystem has successfully leveraged a partnership-driven approach to gain mainstream attention, with exchanges such as Coinbase and Binance primarily fueling the initiatives. Moreover, Coinbase seems to have taken the lead in this regard, as the decentralized applications company Offchain Labs announced investment from Coinbase Ventures, the investment arm of Coinbase. Ed Felten, Co-Founder...Read More
While cryptocurrency’s volatile market stands as another road block for new investors, Bitcoin and its altcoin competitors continue to set new records in various niche metrics. According to the latest report from Coin Metrics, the market cap for BTC, ETH, XRP, LTC, and BCH decreased while witnessing a spike in the transaction count. Moreover, it...Read More
What you do with your digital currency ought to be nobody else’s business. Unfortunately, law enforcement, regulators, blockchain forensics firms and other opponents of civil liberties are constantly seeking to usurp this basic human right. As a result, crypto developers are caught in a constant battle to maintain a reasonable degree of transactional anonymity. Also...Read More
Software developer Awemany has published a potential alternative approach to instant transactions on the Bitcoin Cash (BCH) network called “delta blocks” or Storm. The idea utilizes weak proof-of-work (PoW) for instant confirmations on Bitcoin Cash. The new Storm concept has piqued the interest of many BCH proponents who are eager to solve the instant or...Read More
Blockchain security and scalability are fundamental aspects of an asset’s decentralized network. Major digital currencies, including the likes of Bitcoin and Ethereum, received criticism largely because of their scalability issues. Bitcoin has a 2nd layer protocol or the lightning network to address their scalability concerns at the moment and Ethereum is moving toward Proof-of-Stake algorithm...Read More
Earlier today, prominent Thailand-based cryptocurrency exchange BX Thailand, abruptly announced that it would no longer function. The exchange was operated by Thai company, Bitcoin Co.Ltd and has been functioning for the last five years. The exchange’s website further revealed that it would not possess an SEC issued Digital Asset Exchange license for the next year that...Read More
Robots and drones will undoubtedly play a growing role of importance in future warfare. A new report indicates the Russian military may be working on a rather unusual project. The country’s primary tank plant is working on unmanned variants. It seems the robot drone tank could go in production fairly soon albeit it might not...Read More
Messaging platform Telegram recently announced the launch of its native cryptocurrency, GRAM. The company revealed that the messaging giant’s blockchain would be compatible with Ethereum which would further allow users to operate Ethereum’s DApps on the Telegram blockchain through Solidity. The Telegram Open Network [TON], which is Telegram’s blockchain will publicly debut its testing today...Read More
‘HODL’ is a fairly commonly used term in the virtual asset space and it is regularly used, referencing Bitcoin whenever a financial discussion is initiated between investors or traders. A certain group of people believes ‘hodling’ Bitcoin is still lucrative at present day, but a majority of users idolize hodling as a thing of the...Read More
Slow and steady, wins the race, the popular adage holds true for Bitcoin and FAANG stocks. Drawing parallels between the fable and current market, FAANG stocks emulate the speedy hare, one-directional and over-confident. While the slow tortoise can be envisioned in Bitcoin, always persistent and sets its own pace. The tortoise of this race, Bitcoin,...Read More
Coinbase, one of the largest crypto exchanges originating from the US might have to shift all European accounts to another licensed entity within EU, in case of a no-deal Brexit according to reports. A present, Coinbase operates an electronic money institution called CB Payments in the United Kingdom which is authorized by the UK Financial...Read More
Entrepreneur, investor, software engineer and a board member of Facebook, Marc Andreessen recently listed an array of parallels between the initial days of the Internet and the prevailing state of crypto. In a recent Crypto Regulatory Summit, one of the pioneers in the development of the internet, Andreessen begin the segment by talking about the...Read More
New technologies are often both a blessing and a curse. Artificial intelligence is shaping up to be no different in that regard. Criminals are now using AI and voice technology for monetary purposes. The rise of voice fraud should not be underestimated, as it can hit any company around the world in the future. Abusing...Read More
The number of blockchain-based smart contract development platforms available to crypto developers is now greater than ever. Over the last 18 months, a Cambrian explosion in smart contract platforms has resulted in an embarrassment of riches and a plethora of options. No longer are crypto projects forced to choose between network effects (Ethereum) and scalability...Read More
Ex-Amazon employee, arrested last month over Capital One data breach, has also been accused of hacking over 30 more companies. In addition to stealing data, Paige Thompson allegedly used the compromised servers to mine cryptocurrency. Hacking The Hand That Feeds You The FBI arrested Thompson at the end of July, concerning a massive data breach...Read More
When Facebook bought Oculus Rift in 2014, it seemed to be only a matter of time before the virtual reality (VR) revolution would hit. However, that initial promise from five years ago is now something of an anticlimax. One writer for tech site CNet came away from this year’s consumer electronics show describing how “VR...Read More
Hut 8, one of the largest public Bitcoin mining farms by operating capacity, has released its financial report for the second quarter of 2019. The mining firm recorded a tremendous surge in its net profit and overall revenue for Q2, with the net profit for the firm reaching $33.7 million Candian dollars while the overall...Read More
Few technologies garner as much attention and enthusiasm as blockchain technology and artificial intelligence (AI). Both technologies are featured prominently in Deloitte’s 2019’s Tech Trends Report, and they are drawing significant investments at the enterprise level. For instance, PwC’s 2019 Global Blockchain Survey found that 84% of executive-level survey respondents indicated that their companies are...Read More
The Securities and Exchange Commission (SEC) announced pressing charges against Bitqyck Inc. and its founders for defrauding investors in securities offerings of two digital assets and operating an unregistered exchange. Quoting the official statement, “Bitqyck and founders Bruce Bise and Sam Mendez created and sold Bitqy and BitqyM (tokens) in unregistered securities offerings to more...Read More
Bitcoin Fees in December 2017 were almost always above $10, sometimes reaching nearly $30. Today we are nearly at the same price and fees have dropped considerably; less than a dollar in most cases. But has Bitcoin actually scaled, or is it just a case of fewer transactions happening on the network? Fees are only...Read More
