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The “voting” in Proof-of-Stake is a perversion of the Blockchain technology – of course it introduces vulnerabilities in every new, proprietary PoS scheme. At least it only affects all those Proof-of-Stakers … Malicious cartels just might be lurking on your blockchain. At least, that’s the latest finding from Cornell University researchers Philip Daian, Tyler…
Toronto-based Bitcoin mining company Hut 8 has announced the completion of its second mining facility in Canada on July 16, claiming to have become the world’s “largest publicly-traded” operator by capacity. In a press release, Hut 8 revealed its Medicine Hat farm had been completed ahead of its September deadline, joining its existing operation in…
Die Deutschen „frisieren“ gerne: Während europaweit nur zwölf Prozent aller Gebrauchtwagen einen gefälschten Tachostand aufweisen, sind es hierzulande 33 Prozent. Laut dem ADAC steigt der Preis eines gebrauchten Autos um durchschnittlich 3.000 Euro, wenn der Tacho mit einem Manipulationsgerät bearbeitet wurde. Lösungen gibt es für diese Betrugsmasche bislang kaum. In Belgien und den Niederlanden setzt…
Bitmain at $10.4 billion Canaan Creative at $3 billion Ebang at $1.5 billion Three bitcoin mining companies have joined a list of “unicorns” – private companies valued at over $1 billion – for the first time. The Shanghai-based Hurun Research Institute published its Q2 Unicorn Index for the Greater China region on Wednesday, which notably…
The cryptocurrencies’ potential to facilitate money laundering and financing illicit activities has long informed Bitcoin-insecure politicians’ hawkish postures on crypto regulation. With the release by the Department of Justice (DoJ) of an indictment of twelve Russian intelligence officers last Friday, which includes a count of an alleged conspiracy to launder money ‘through cryptocurrencies such as…
Schnorr is coming… In fact, the bitcoin upgrade arguably took its most significant step yet toward implementation last week when influential developer Pieter Wuille unveiled a draft outlining its technical makeup. With the release, the idea, one that’s been in the works by bitcoin developers for years, is one step closer to improving the scaling and…
As initial coin offerings continue to explode, a new study found that the U.S. has become the leading territory for such deals, despite a murky regulatory picture. According to a report released today by the Crypto Finance Conference, 30 of the 100 largest ICOs were held by companies based in the U.S. Switzerland was home…
Knowledge is power, particularly in the Information Age, where an understanding of ‘the new’ can provide an edge over the competition. This is why, barely a year since crypto exploded into mainstream awareness — and long before it’s likely to enjoy blanket adoption — it’s already been the object of a growing number of university…
Founders Bank, Malta: plans to create a blockchain-based bank with tokenized ownership The world’s second largest crypto exchange, Binance, is backing plans to create a blockchain-based bank with tokenized ownership, Bloomberg reports today, July 12. The future “Founders Bank” would be owned by digital token investors and be based in Malta, known for its…
Blockchains seem like the perfect technology for online voting. They can act as “bulletin boards,” global ledgers that were hypothesized (but never truly realized) in decades of e-voting research. Better still, blockchains enable smart contracts, which can execute on-chain elections autonomously and do away with election authorities. Unfortunately, smart contracts aren’t just good for running…
After waiting nearly a year to get their tokens, the first thing many Tezos investors did was get rid of them. At least, that seems to be the case according to available market data, which indicates a wave of selling has taken place since the tech backing the crypto asset was released in beta. All in…
By Paul Mozur – June 22, 2018 – The New York Times JINJIANG, China — With a dragnet closing in, engineers at a Taiwanese chip maker holding American secrets did their best to conceal a daring case of corporate espionage. As the police raided their offices, human resources workers gave the engineers a warning…
Cryptocurrency exchange Binance “expects” profits to reach $1 bln in 2018, CEO Changpeng Zhao told Bloomberg in an interview today, July 6. Speaking as his platform recovers from a week of technical difficulties which saw trading temporarily suspended, Zhao revealed figures that defied the idea crypto exchanges’ success depends on market prices. Despite Bitcoin (BTC)…
Blockchain Mining Hardware and 6 EH/s Pool Giant Bitmain Valued at $12 Billion in New Funding Round of $300 Million to $400 Million – lead by Sequoia, US-Coatue, and EDBI-Singapore. Chinese bitcoin mining giant Bitmain has reportedly closed a Series B round funding, which values the firm at approximately $12 billion. Chinese business media…
Remember, Ethereum is a ‘blockchain’ with “voting” options. Essentially, the solution to the current problem is yet another algorithm upgrade. Ethereum is in the midst of a “gas crisis.” At least, that’s according to Taylor Monahan, CEO of MyCrypto, who took to Twitter this week to remind users of best practices for setting transaction…
Big on marketing, very low on technology: The Australian government’s Digital Transformation Agency (DTA) 2018-19 budget has already earmarked $530,000 for blockchain research (far from AU$1 billion) IBM has signed a five-year AU$1 billion ($740 million) deal with the Australian government to use blockchain and other new technologies to improve data security, Bloomberg reports…
That *IS* the whole story: China is driving ahead of Silicon Valley and the rest of the United States on venture capital dollars invested into startups. ICO/ITO’s are not even in the picture on this one. The old line about Silcon Valley VC’s still holds true: most don’t want to invest more than 40 miles…
This post is also available in: עברית (Hebrew) The adoption of blockchain technology – decentralized ledgers, smart contracts – is gaining traction across many different sectors. It is inevitable that military organizations across the globe will want to ensure they stay ahead of the curve. Blockchain already has various military applications, as suggested by coincentral.com:…
This post is also available in: עברית (Hebrew) The US Department of Homeland Security (DHS) is supporting a technology that integrates blockchain with existing solutions for border security applications. Blockchain is a technology that is highly resistant to data modification. Transactions in a blockchain network are recorded as blocks of information in a chronological chain of…
The Russian Ministry of Defense is launching a research lab to analyze how blockchain technology can be used to mitigate cybersecurity attacks, a local newspaper reported Friday. The nation’s military technology accelerator, referred to as the ERA, is launching a special scientific lab to determine whether blockchain technology can be used to identify cyber attacks…
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