Archived Posts

The UCSF School of Medicine, which is the medical school of the University of California, San Francisco, has paid a ransom of $1.14 million in the form of cryptos to the hackers involved in a network breach on June 1. As per CBS San Francisco, the UCSF IT staff initially identified the security breach and   Read more...

OKEx, a popular cryptocurrency exchange, have listed COMP token, a native cryptocurrency of Compound blockchain, for trading. The blockchain runs on a DeFi covenant that facilitates users to lend out or generate interest on crypto deposits. Borrowing and lending on Compound are administered via a decentralized P2P blockchain based covenant. After launching in 2017, the   Read more...

Soramitsu, Japan based blockchain firm, has announced that it would begin the trial of a unique domestic digital currency for vendors at the University of Aizu. As per June 29 report in the Nikkei newspaper, Soramitsu will start the trial of “White Tiger,” a digital currency hosted on the company’s native blockchain Hyperledger Iroha. The   Read more...

An election observer’s node has been exploited to attack Russia’s blockchain powered voting platform for constitutional changes. According to a report by state-owned media outlet TASS, the breach happened on June 27 at about 8PM CET. A Moscow government representative has clarified that the breach did not result in a platform malfunction, implying that there   Read more...

European payment processing company SIA and the UK based tech firm Quant Network triumphantly trialed inter-blockchain operability between various covenants, SIA stated. Quant Network and SIA announced their partnership on June 5. Their aim is to conduct necessary work on cross-platform apps and services for banks and financial institutions. Under the partnership, both parties aim   Read more...

Binance has finished an elaborate upgrade, further increasing the transaction processing ability of the world’s leading cryptocurrency exchange, as per founder and CEO Changpeng Zhao (CZ). The trading platform has supposedly re-written a major portion of the code and shifted (from C++) the matching engine to run on Fortran programming language. It is claimed to   Read more...

An enormous worldwide spying and information theft campaign has put internet surfers at risk, with numerous Bitcoin and cryptocurrency related web pages involved in the scandal, as per research report from Awake Security. At the core of the issue is a web domain registration firm named CommuniGal Communication (GalComm). Awake has highlighted the following issue   Read more...

Core Scientific, US based blockchain hosting facilitator, has inked an agreement to purchase next generation Bitcoin (BTC) mining systems from top Chinese mining hardware producer Bitmain. Core Scientific will buy over 17,000 S19 Antminers from Bitmain for the sake of customers and also for itself. Notably, it will be the biggest number of S19 machines   Read more...

Bitcoin.com launched a new facility that permits users to remit any amount of Bitcoin Cash (BCH) via email. Bicoin.com founder Roger Ver that this facility is extraordinary because it avoids the high charges that repel people away from Bitcoin (BTC) related services. Ver also highlighted that the cross-border facility maintains user privacy: “It doesn’t matter   Read more...