Archived Posts

According to Joseph Lubin, the co-creator of Ethereum, the wild volatility of Bitcoin and other major cryptocurrencies is beneficial to the crypto market, as it shakes out speculators and allows developers to focus on building core infrastructures. Since December, the valuation of the cryptocurrency market has fallen by nearly 78 percent, from $900 billion to   Read more...

Few weeks before, John McAfee tweeted about Bitfi’s “unhackable” cryptocurrency wallet and challenged hackers to crack it for a bounty of $100,000. The bounty was later increased to $250,000. He even said the prize is not for the first person who does it but for all those who are able to hack the crypto hardware   Read more...

The crypto winter has seen Bitcoin lose more than 60% of its peak value so far. While this is nothing new to Bitcoin, which has even lost 90% of its value only to bounce back strongly later on, Bill Harris, former CEO of Paypal has used the decline as an opportunity to deny the real-world   Read more...

Charles Hoskinson, CEO of IOHK, the company behind Cardano, had announced that he would make a ‘big’ announcement on August 15. However, a day earlier i.e. on August 14, Hoskinson revealed partial details of a new project, which involves creation of a Google Chrome extension named Icarus. Hoskinson said “So we never intended to launch   Read more...

The value of bitcoin has been taking a beating since the beginning of the year. Since its high of $20,000 in December 2017, the price has dropped by 70 percent. Despite the fall, bitcoin is still doing well enough that it has beat gold's settlement volume on the market. This is according to respected cryptocurrency   Read more...

Connecty, which is presently running an ICO, plans to create a blockchain based platform for people to search and share and variety of research. Connecty has decided to deploy its platform on Stellar (XLM) blockchain. The CEO of connecty had explained the reasons behind choosing Stellar, instead of the popular Ethereum platform. The >CEO Olivier   Read more...

The two patent filings published by the US Patent and Trademark Office (USPTO) indicate that Microsoft is gearing up to provide a range of blockchain solutions using trusted execution environment (TEEs). Both patents explain the manner in which TEEs could be deployed to improve security within a syndicate blockchain network, which necessitates specific nodes to   Read more...

China’s Ministry of Industry and Information Technology (MIIT) has proposed a blockchain-dedicated laboratory on the list of important labs for 2018. The ministry’s post indicates that the primary objective of the lab will be to fasten blockchain for the IT and data security industry. Furthermore, the lab will be administered by the National Industry Information   Read more...

Saudi Arabia may be a blockchain friendly country. However, just like China, it does not permit trading in cryptocurrencies. This stance was once again confirmed by a government Committee composed of the Kingdom’s regulators. Per a statement issued on Sunday, the Standing Committee asked its citizens not to venture into cryptocurrency trading due to “negative   Read more...

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