Blockchain protocol EOS, run by Block.one, has just become the subject of a new crypto scandal. It all began on November 9th, when a picture emerged on Reddit of a moderator on EOS reversing a transaction that had already been confirmed. Decentralized? According to the Reddit user u/auti9003, a reverse transaction occurred without the owner’s…
The head of Russia’s Sberbank has set tongues wagging after he emerged bullish about the future of blockchain adoption. CEO Herman Gref is forecasting industrial scale adoption in as little as one or two years. Blockchain Adoption Gref believes the technology is on the cusp of entering the industrial development stage of its evolution. Speaking to…
Today is a bleak day for cryptocurrencies everywhere as Bitcoin hits the lowest level of the year thus far. Where Bitcoin goes, the rest of the market tends to follow, and indeed, the index shows us all the top-ten coins are experiencing double-digit losses. Bitcoin Hits Lowest Level of the Year Currently, Bitcoin is down…
A Bitcoin Cash hard fork will happen on Thursday, November 15th. Bitcoin Cash is already a hard fork of Bitcoin and has since grown to become the fourth-largest cryptocurrency. Now the digital currency will split in two, creating a second cryptocurrency. The two digital currencies go by the names Bitcoin ABC, which is the continuation…
After ten months of stagnancy, the newly re-opened Japenese cryptocurrency exchange Coincheck has resumed its NEM (XEM) trading. According to a South Korean news source FNNews, Coincheck has restricted its platform by external ‘security experts.’ 一部仮想通貨の入金・購入再開のお知らせ（ETH・XEM・LSK）https://t.co/g3Hc9rzxZ1 — Coincheck(コインチェック) (@coincheckjp) November 12, 2018 NEM (XEM) Trading Resumes on Coincheck Back in January, Coincheck suffered the largest cryptocurrency exchange…
Zachary Coburn, the founder of EtherDelta, has just been charged by the US Securities and Exchange Commission (SEC) with operating an unregistered securities exchange. The SEC released the news via a press release yesterday. EtherDelta Charged According to the report by the SEC, over the course of 18 months, EtherDelta users placed over 3.6 million orders…
Teachers Mine for Ethereum: Mining for cryptocurrency comes with its controversy. Energy consumption is already the most eyebrow-raising aspect. So what about using the local school’s computers to mine for Ethereum… during school time? Oh, and you’re the principal of the school. This is exactly what happened in Hunan Province, China. Teachers Mine for Ethereum:…
US financial service company Square (NYSE:SQ) just announced that its Q3 Bitcoin (BTC) revenue jumped up from its previous earnings in Q2. Square detailed its full company earnings in a shareholder letter released yesterday. In the third quarter of 2018, we continued to drive strong growth at scale. $SQ https://t.co/HPhSMfVgac — Square IR (@SquareIR) November…
Anyone looking to invest in bitcoin or any other form of cryptocurrency has surely spent some time researching and reading about it. Entering the crypto world without any knowledge would be a crazy and reckless thing to do, especially if you are planning to invest money into it. While blogs, forums, and the many available…
On October 30th, Ernst & Young (EY) announced a world-first for distributed ledgers. Called the Ernst & Young Ops Chain Public Edition, the company created a new blockchain prototype that combines the security of the public ledger model with the privacy of the private ledger model—thus a private blockchain. It does this by using zero-knowledge proof…
