Monthly Archives: March 2018

Bug Caught That Allowed Coinbase Users to Garner Unlimited Amounts of Ether

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 by VI Company, a Dutch firm that specializes in fintech. The company was planning to give its employees ether bonuses in celebration of the upcoming holiday season when researchers noticed the issue with their […]

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U.K. Fintech Sector Strategy Announces Crypto Asset Task Force

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 a Crypto Assets Task Force composed of representatives from the Bank of England (BOE), HM Treasury and the Financial Conduct Authority (FCA). The purpose of this team will be twofold: promote the U.K.’s position as a leader in the emerging […]

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Sierra Leone and the Blockchain Election That Wasn’t

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 on March 8, 2018, the company led off with this statement: “Sierra Leone’s 2018 presidential elections, which took place on March 7th, represents the first time in history that blockchain technology has been used in a […]

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South Korea Wants to Set a Desirable Cryptocurrency and Blockchain Policy: Expert Take

The ICO ban drove-out several startup healthcare Blockchain companies to launch their ICOs abroad. 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 South Korea, known as Geumsu gangsan or the “Land of Embroidered […]

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Snowden on Bitcoin: Blasts Public Ledger and Core Developers

The world’s most famous whistleblower, Edward Snowden, gave a dynamic, wide-ranging interview to Peter Van Valkenburgh during Blockstack Berlin 2018. Mr. Snowden discussed ongoing issues of privacy and cryptocurrency, his preferences, and revealed how bitcoin helped him in his most historic hour. He also took the opportunity to chide growing crypto tribalism, calling out maximalists, and insisted bitcoin core developers need to up their collective game. Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK Edward Snowden Gives State of Crypto Remarks “I don’t think […]

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Bitcoin Loses $9k Support After Binance Confusion Shakes Confidence

Bitcoin markets continue to trade below $9000 March 22 after Binance regulatory fears spooked traders. Bitcoin prices lost around 4 percent Thursday, March 22 and altcoins followed after a controversial regulatory problem at cryptocurrency exchange Binance unsettled markets. BTC/USD rose above $9000 March 20 and found broad support at that level before news involving Binance and Japanese regulators sent prices tumbling by $500 in hours. BTC Price in USD March 22 Source: cointelegraph.com/bitcoin-price-index Altcoin markets  followed suit, the top 10 assets losing around 50 percent more than […]

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Google Reveals Two Blockchain Projects As It Eyes Data Transparency

A patent and rumored auditing platform made public by Google this week both include Blockchain technology as their basis. This week Google made known about two separate Blockchain projects it is working on: a “tamper-proof” auditing system and a cloud operations platform. According to a patent originally filed in September 2017, plans are underway to create a so-called “tamper-evident” ledger on the basis of Blockchain. At the same time, Google’s Alphabet Inc. conglomerate is looking to utilize the technology to create a transparent audit review platform, Bloomberg […]

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PR: Auctus Integrating Bancor Protocol™ to Provide Continuous Liquidity for AUC Token Holders

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Auctus, the world’s first blockchain based retirement plan platform, has entered a collaboration with Bancor to provide continuous liquidity for its token holders. By integrating the Bancor Protocol and joining the decentralized liquidity network, AUC tokens will be available in the Bancor […]

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Huawei Reportedly Seeks SIRIN OS License To Introduce Blockchain-Based Smartphone

Huawei is reportedly negotiating an agreement with SIRIN Labs to introduce a Blockchain-based smartphone running SIRIN OS. Chinese tech giant Huawei plans to develop a smartphone that will support decentralized applications (DApp) running on Blockchain technology, reports Bloomberg March 21. According to an unconfirmed source acquired by Bloomberg, Huawei is seeking the license for the open-source operating system SIRIN OS, developed by Swiss Blockchain-oriented company SIRIN Lab. The world’s third largest handset maker plans to implement SIRIN OS together with DApps running on Android systems. The official […]

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Brother Of Pablo Escobar Releases ‘Dietbitcoin’ As Alternative To ‘CIA’s BTC Scam’

According to Roberto Escobar, brother of the late drug lord Pablo Escobar, Bitcoin is a scam run by the US government, and his new “dietbitcoin” is the answer. The brother of late Columbian drug lord Pablo Escobar, Roberto Escobar, has released his own alternative to Bitcoin (BTC), a BTC hard fork called dietbitcoin (DDX). Roberto Escobar’s connection to dietbitcoin has been independently confirmed by a spokesperson for Escobar Inc., Roberto Escobar’s investment company, to TheNextWeb today, March 22. Roberto De Jesús Escobar Gaviria’s website for dietbitcoin includes […]

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