On March 20, 2018, it was revealed that a bug hidden in Coinbase’s Ethereum smart contract setup could have given users access to unlimited amounts of ether. At press time, it does not appear as though the vulnerability was ever exploited or even noticed by users.The issue was first discovered last December
Today, March 22, 2018, at the government’s second International Fintech Conference, Exchequer Chancellor Philip Hammond announced the launch of a Fintech Sector Strategy that looks to keep the U.K. on the forefront of the industry.The primary component of this new strategy will be the introduction of
The big news on March 8, 2018, was that Sierra Leone had just run the first blockchain-based election. The big news in the days and weeks that followed, however, became that the government of Sierra Leone was denying that it happened.In a press release from Swiss-based blockchain technology company Agora
With each passing day, it seems as though the conversation on Bitcoin’s energy consumption rages on, though new ground is rarely broken on the topic. Like bears to honey, media outlets flock to FUD stories on mining’s electrical costs and doomsday predictions of a world driven to the ecological brink
BloXroute's founder worries relay networks that speeds data between crypto miners are not censorship resistant and too slow to foster scaling now.
Two South Korean regulators are reportedly launching an investigation of banks' implementation of anti-money laundering procedures for exchanges.
The bulls' failure to beat resistance around $9,000 in a convincing manner has increased the risk of another drop in bitcoin prices.
Twitter and Square CEO Jack Dorsey recently had some remarkably positive remarks about bitcoin. Predicting the future of finance, he suggested that the “father of cryptocurrencies” is likely to become the world’s only currency within the next 10 years.Speaking with The Times, Dorsey stated:The world
Each year, IBM showcases “5 in 5” technologies coming out of IBM Research’s global labs — five technologies that the company expects to fundamentally reshape business and society in the next five years.This year, a “5 in 5 at a Science Slam” was held at Think 2018 in Las Vegas. One of the 5 in 5 breakthrough
Jack Dorsey has said he believes bitcoin will take over the U.S. dollar as the world's primary currency in 10 years or less.
EverMarkets announced that the EverMarkets Exchange (EMX), a futures exchange and clearing house platform built on blockchain technology, is expected to launch later this year for non-U.S. clients. EMX will list both cryptocurrency and traditional futures contracts.Futures contracts are defined as transactions
Cryptocurrency mining is big business. For years, most of the world’s mining operations have been based in China — meaning that China has long dominated the industry. There is, however, a shift taking place in this industry due to the new, even more restrictive regulations in China. These restrictions
While Kik said it would move its "kin" crypto tokens off ethereum and onto stellar, today it announced it was allowing the tokens to live on both.
Bitcoin's three-day winning streak is encouraging for the bulls, but a quick move above $10,500 is needed to neutralize the so-called "death cross."
Any programmer who has ever sat down to build a DApp at one point has had to think about the limits of current public blockchains, the most important and obvious one being their limited throughput, i.e., the number of transactions processed per second. In order to run a DApp that can handle real-world
When it comes to bitcoin and cryptocurrencies, Mark Carney, governor of the Bank of England and chairman of the Financial Stability Board (FSB), is known for being a harsh critic. Though Carney has praised the technology behind cryptocurrency in the past, he has often referred to digital money as a “
In December 2017, High Fidelity announced the launch of Avatar Island, a Virtual Reality (VR) space where High Fidelity users can purchase items for their avatars, all contributed by digital artists from around the world, and pay with High Fidelity’s own blockchain-based cryptocurrency, the High Fidelity
Following Facebook’s lead, Google has announced it will ban all cryptocurrency advertising on its platforms by June 2018. This restriction applies to all Google-owned platforms including YouTube and any websites where Google sells digital ad space. On Sunday, March 18, 2018, Sky News reported Twitter
Bitcoin is eyeing a move towards $9,000, courtesy of a bullish breakout on the 4-hour chart and a bullish hammer reversal on the daily chart.
Olympian Apolo Ohno may have just launched a cryptocurrency exchange, but he isn't pulling punches when talking about his industry vision.