Archived Posts

British Broadcasting Company, one of the popular news sources, has recently reported that a Kodak-branded “Bitcoin miner” has been identified to be a scam by cryptocurrency experts. According to the article published by BBC, an unaccounted Kodak ‘KashMiner’ was seen on Kodak’s official stand at the CES technology event conducted in Las Vegas. The mining   Read more...

Canada’s Large Credit Union Coalition (LCUC), an alliance that brings together the chief information officers (CIOs) of 16 largest credit unions in the country, has joined R3, the New York-based blockchain consortium. R3’s blockchain consortium currently consists of about 200 entities including financial institutions, tech firms, trade associations and other service providers. LCUC, which has   Read more...

Monero, a privacy focused cryptocurrency facilitating anonymous transactions, has announced the successful completion of an external technical audit for its ‘Bulletproofs’ protocol. It is an improved version of protocol related to zero-knowledge proof (ZK-Snarks), which Google’s cofounder Sergey Brin considers as “mind boggling”. Bulletproofs enables efficient functioning of blockchain network and ensures faster transactions. The   Read more...

Stronghold, a global payment and trading platform provider, announced the launch of a stable coin named “Stronghold USD.” The cryptocurrency, pegged to the US dollar on a 1:1 ratio, is built on Stellar Lumens’ (XLM) blockchain. The San Francisco based startup also disclosed a partnership with IBM to study possible business applications based on the   Read more...

Bitcoin is known as the world’s most popular cryptocurrency but at its core it is a living program that developers are constantly looking at improving by rolling out new changes that makes the cryptocurrency more efficient and durable. The latest update that developers are looking forward to is the use of Schnorr signatures. This would   Read more...

Keeping the changing industry demands in mind, the Chartered Financial Analyst exam will include questions from topics such as cryptocurrencies and blockchain technology. Regarded as the toughest exam in the world of finance, the three level CFA exam covering different aspects of finance, with emphasis on ethics, will include queries from topics such as cryptocurrencies   Read more...

Coinbase has announced that it has received approval from the US regulators to function as a broker-dealer. The consent entitles Coinbase to offer cryptocurrencies that are perceived to be securities, along with other litigation free cryptocurrencies such as Bitcoin, Bitcoin Cash, Ether and Litecoin. In June, the San Francisco-based crypto currency exchange obtained a broker-dealer   Read more...

On Saturday, Coinbase revealed its plans to add Cardano (ADA), Basic Attention Token (BAT), ZCash (ZEC), Stellar (XLM) and 0x (ZRX) to its trading platform. As it usually happens, the announcement gave the necessary impetus for the aforesaid coins to gain between 10% and 20%. However, the Ripple community was not impressed by the decision.   Read more...

A patent filing published last Thursday by the U.S. Patent and Trademark Office (USPTO) shows that the global banking and financial services giant American Express is trying to obtain a patent for a blockchain technology-based proof-of-payment system. The patent application briefly states that the American Express Travel related services will be using a system, with   Read more...

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