Monthly Archives: March 2018

Joystream Test Drive — How To Get Paid Bitcoin Seeding Bittorrent Files

Last week the file sharing Bittorrent client that pays users for seeding and sharing bandwidth, Joystream, announced launching on the bitcoin cash (BCH) network. We decided to give the platform a test drive to show how to use the application that offers BCH incentives. Also read: Lawsuit Challenges Google’s Ban on Crypto Ads in Russia Joystream and Bitcoin Cash Mainnet Joystream is a peer-to-peer application that uses bitcoin cash as an incentive for Bittorrent users that compensate each other for content within a distributed network. Originally the […]

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These Tiny “Crypto-Anchors” From IBM Could Help Fight Product Fraud

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 technologies presented in Las Vegas is ultra-miniaturized cryptographic anchors. Lead developer Andreas Kind heads the “Industry Platform and Blockchain” team at IBM Research Zurich, which contributes to the Hyperledger […]

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, March 21

Technical analysis on top 9 cryptocurrencies. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The G20 considers cryptocurrencies risky, said the head of Italy’s central bank, but the broad consensus is that they should not be banned. After days of negative news, this is a positive shift for […]

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Coinbase Bug Allowed Users To Steal Unlimited ETH, Wallet Paid $10K Bounty For Discovery

A bug that could have allowed Coinbase users to drain billions of dollars in Ethereum took a month to fix, a report shows. Major US crypto wallet provider and exchange service Coinbase has rewarded a Dutch company with a $10,000 bounty after it discovered a smart contract glitch allowing users to steal “as much as they want” in Ethereum (ETH), according to a report made public today, March 21. The issue, which VI Company reported to Coinbase December 27 of last year, revolved around exploiting a smart […]

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The Payment Industry is About to Be Struck by Lightning: Expert Take

The Lightning Network is going to take on legacy payment systems. In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to a.mcqueen@cointelegraph.com It is hard to pinpoint precisely when banks stopped innovating, but it has been […]

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Coinbase to Remove Support for Multisig Vaults Within a Month

Coinbase is removing its support for an advanced security feature that it was not advantageous for the company to maintain. Multisig vaults were originally introduced as a way for customers to manage their private keys and control their own security while still using the same Coinbase interface. Also Read: Survey Says 8% of the American Population Now Own Cryptocurrency No More Coinbase Multisig Vaults San Francisco-based cryptocurrency exchange Coinbase has announced it will be winding down its support for existing multisig vaults (meaning accounts that require multiple […]

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NSA Developed A System To Identify Bitcoin Users-New Leaked Document

According to some classified documents by whistleblower Edward Snowden, the National Security Agency can locate any sender or receiver of Bitcoin from anywhere around the world. The Intercept reports that the documents further revealed that the agency’s OAKSTAR program worked on an urgent call targeting Bitcoin users back in 2013. The intercept is a publication devoted to adversarial journalism and was founded by Glenn Greenwald, Jeremy Scahill, and Laura Poitras in the aftermath of Edward Snowden’s disclosure of mass surveillance back in 2013. The report seems to […]

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Why Is South Korea Planning to Legalize ICOs Again?

Sources within the government reportedly revealed the plans of local financial authorities to legalize ICOs in the future. Last week, The Korea Times, a mainstream media founded by the country’s largest newspaper Hankook Ilbo, reported that sources within the government revealed the plans of local financial authorities to legalize initial coin offerings (ICOs) in the future. “The financial authorities have been talking to the country’s tax agency, justice ministry and other relevant government offices about a plan to allow ICOs in Korea when certain conditions are met,” […]

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Bitcoin Trade Drops in India Amid Uncertainty and Clampdown

Regulatory pressures and a broadening bank clampdown have seriously affected cryptocurrency exchanges in India. Their representatives claim bitcoin trading has dropped as much as 90 percent in the last two months. Cryptos are not considered legal tender in the country and authorities have demonstrated a negative attitude towards their use. At the same time, leading Indian banks have taken steps to limit exchange operations even before any rules mandating such policies are adopted. Also read: India Can’t Regulate Bitcoin Says Official Regulatory Uncertainty, Hostile Attitude Indian trading […]

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Stellar’s McCaleb: Blockchain Could Power ‘Universal Payments Network’ By 2028

Blockchain technology could power a “universal payments network” and let all equity be tokenized within 10 years, Stellar CTO Jed McCaleb says. Stellar CTO and co-founder, as well as Mt. Gox creator, Jed McCaleb told CNBC March 21 about his vision for a singular global payments system – one that will crucially involve Blockchain technology. Stellar, which like Ripple is a Blockchain-powered international remittance setup with its own cryptocurrency, is currently attempting to create such a network. “In the future, I think it’s pretty clear to me […]

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