Recent Posts

Ethereum Developer Resigns as Code Editor Citing Legal Concerns

Ethereum developer Yoichi Hirai has resigned as one of the platform’s code editors, citing concerns that a contentious proposal may be in violation of penal law. Named EIP 867, the proposal defines a method to better facilitate the return of lost funds on the platform. Speaking on GitHub, the developer …

Read More »

MIT Professor Raises $4 Million to Build a Better Blockchain

The developers of the Algorand blockchain protocol have raised $4 million in seed funding. The funding support came from venture capital firms Pillar and Union Square Ventures, the startup behind the protocol announced today. Algorand constitutes a digital currency and transaction platform, with its underlying protocol co-authored by MIT professor …

Read More »

Surging Litecoin Is Leading the Crypto Price Recovery

The crypto market recovery is looking stronger by the day, and litecoin is leading the way. As of writing, the total market capitalization of all cryptocurrencies stands at $466 billion – its highest level since Feb. 2, and a 68 percent rise from the low of $276 billion seen on …

Read More »

Philippines Banks to Use Visa’s Blockchain Payments Platform

Five banks in the Philippines are reportedly grouping up to use Visa’s blockchain-based payment platform. As part of a new arrangement, the Union Bank of the Philippines (UnionBank) will assist four unnamed rural banks that are seeking to boost the efficiency of their payments processes by building a local platform …

Read More »

CFTC Joins SEC In Warning Against Crypto Pump-and-Dumps

The Commodity Futures Trading Commission (CFTC) on Thursday issued a warning about cryptocurrency pump-and-dump schemes. The release, published Thursday, marks the latest investor warning from the U.S. commodities and derivatives regulator. Earlier this month, the agency put out an advisory that urged caution around investing in cryptocurrency retirement accounts. Other …

Read More »

European Authorities Seek Arrests in Bitcoin Scam Investigation

Interpol is seeking suspects on behalf of Austrian authorities who are investigating an alleged bitcoin scam that affected as many as 10,000 investors within the country and abroad, resulting in what could be tens of millions of dollars in losses. According to Bloomberg, the investigation that is underway is focused …

Read More »

Bitcoin Price Tops $10K Across Major Exchanges

Bitcoin’s price is back above $10,000 for the first time since December of last year, shortly after it had charted a course to record highs near $20,000. Since the Feb. 6 low around $6,116 (as per CoinMarketCap) – a correction that saw bitcoin lose 69.5 percent of its value from …

Read More »

CFTC Chief: US Should Tread Lightly on Crypto Exchanges

The head of the Commodity Futures Trading Commission said during a Senate hearing on Thursday that any federal-level approach to cryptocurrency regulation should be “carefully tailored” to the risks involved. The comments by CFTC chairman J. Christopher Giancarlo, issued before the Senate Agriculture, Nutrition, and Forestry Committee, came days after …

Read More »

Game Maker Atari Is Planning to Launch Its Own Cryptocurrency

The company behind iconic video games such as Pac-Man and Pong is planning to launch its own cryptocurrency, dubbed “Atari Token,” according to an announcement last week. As part of the effort, Atari acquired a 15% stake in a Gibraltar-based company, Infinity Networks, Ltd and has licensed its brand to …

Read More »

Magic Solution? ‘Fellowship’ of Coders Embark on Ethereum Quest

Ethereum’s world computer is in need of a magic touch. As developers continue to clash over yet another controversial software update, some of ethereum’s top minds are working together to conjure up a solution for what has been a troubling absence of late — community consensus. Recent discussions concerning the …

Read More »

Bitcoin Isn’t the Only Crypto Adding Lightning Tech Now

Lightning is spreading across the cryptocurrency landscape. Originally designed for use on bitcoin, the world’s largest cryptocurrency by market size was also the first to implement the concept, touted as a way to make transactions faster and cheaper by moving them to a layer above the blockchain. But with scalability …

Read More »

IBM Wants You to Know Blockchain Can Go Wrong

As enterprise blockchains inch closer to live launches, a group of cybersecurity experts within IBM is out to make sure clients take every step to keep their new investments secure. Adewale Omoniyi, a senior managing consultant in the biometrics and cybersecurity for IBM Global Business Services, is one such professional, …

Read More »

Korean Government Remains Firm on Crypto KYC Mandate

South Korea has doubled down on its commitment to eliminate the use of cryptocurrency in illicit financial activities, while expressing a will to foster the country’s blockchain development. In a video published Wednesday, Hong Nam-ki, head of the office for policy coordination, said the government is taking a strong stance …

Read More »

Japanese Watchdog Warns Crypto Firm Over Unlicensed Operation

Japan’s financial watchdog has stepped up its efforts to scrutinize foreign cryptocurrency services that target domestic investors without a license. According to an official warning published by the Japan’s Finance Service Agency (FSA) on Feb. 13, the regulator said a Macau-based cryptocurrency service firm named Blockchain Laboratory, headed by Jay …

Read More »

Coincheck Exchange Sees $373 Million Withdrawn in One Day

Japan’s Coincheck exchange reinstated Japanese yen withdrawals yesterday and investors are already flocking to take out their funds following the firm’s recent hack. According to a company announcement on Feb. 13, soon after Coincheck partially resumed operations on Tuesday, it had already processed 40.1 billion yen (or $373 million) in …

Read More »

Bitcoin Sees Bull Reversal Ahead of Chinese New Year

Bitcoin looks set to test the $10,000 mark soon, as per technical analysis, although some investors fear the Lunar New Year may play spoilsport. Ahead of New Year holidays (starting Feb. 15), Chinese and South Koreans often exchange bitcoin for fiat currencies (to fund increased spending), and bitcoin (BTC) tends …

Read More »

South Africa’s Central Bank Eyes JPMorgan Blockchain Tech

South Africa’s central bank has launched a program that will trial JPMorgan’s Quorum blockchain potential in interbank clearing and settlement. According to an official statement dated Feb. 13, the South African Reserve Bank (SARB) revealed it has established a fintech program that will prioritize, among other things, a project dubbed …

Read More »
error: Bài viết được bảo vệ!