Monthly Archives: May 2018

Samourai Wallet Creates App for Transactions Over Mesh Networks

Ever worried about how will you be able to transact if your ISP (internet service provider) will try to prevent you from sending a transaction or will just not be able to due to a disaster bringing down the needed infrastructure? Setting up mesh networks, which can self-organize without a centralized control hub, is one much talked about possible solution. Also Read: NY Regulator Approves Bitcoin Cash, Zcash and Litecoin Trading Bitcoin Mesh Network The developers of the privacy-centric wallet, Samourai, have teamed up with Gotenna, a […]

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Bitcoin Cash Upgrade Milestone Complete: 32MB and New Features

The Bitcoin Cash network has officially upgraded the blockchain protocol at approximately 1:54 EDT by extending the current block size fourfold from 8MB to 32MB. The consensus change is one of the largest block size increases in blockchain history, and the upgrade also adds the great knowledge of understanding Satoshi’s OP_Codes – which could add the ability to code colored coins and binary contracts. Also Read: Steve Eisman of ‘The Big Short’ Fame: What Value Does Cryptocurrency Actually Add? The Bitcoin Cash Network Has Successfully Upgraded its Block Size […]

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PR: Gaming Platform Game Stars Launches Token Sale. Hurry up and Get 30% Bonus

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. On a par with Bitcoin, new currencies are entering the crypto world. Recently multifunctional gaming platform Game Stars have closed a pre-sale stage with complete sold-out of GST tokens and over 51 ETH and 57 BTC raised. The platform and the token […]

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Coinbase Targets ‘$10 Bln’ Institutional Investor Market With New Suite Of Products

Major US crypto wallet and exchange service Coinbase has announced it is launching a series of new products aimed at drawing in major institutional capital. Major US crypto wallet provider and exchange service Coinbase has announced it is launching a suite of new products aimed at institutional investors, according to an official blog post today, May 15. The four products – Coinbase Custody, Coinbase Markets, The Coinbase Institutional Coverage Group and Coinbase Prime – all focus on alleviating major concerns that have allegedly caused institutional investors to […]

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FedEx CEO: Blockchain Is The ‘Next Frontier’ For Global Supply Chains

FedEx remains bullish on blockchain as its CEO says a failure to engage with the technology means “probable extinction” for logistics businesses. Delivery services multinational FedEx said it is “quite confident” blockchain has “big, big implications” for supply chains in a speech May 14, as it continues engagement with the technology. Speaking at the Consensus 2018 conference in New York Monday, FedEx CEO Fred Smith said that the time had come for businesses to ingratiate themselves with blockchain or face “probable extinction.” “We’re quite confident that it […]

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Platform Aiming to Identify Health Problems Using AI Launching Alpha Version Within Weeks

sponsored Hospitals, artificial intelligence developers and healthcare data providers will be able to access an early version of the ecosystem next month. A blockchain-based platform which bills itself as the “future of artificial intelligence (AI) in healthcare” is preparing to launch an alpha version of its infrastructure within weeks. Skychain believes its diagnostics system – a “distributed open network” of artificial neural networks (or ANNs for short) – can identify conditions in patients and prescribe appropriate treatments in milliseconds, substantially reducing the risk of human error during […]

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Bitmain Hits Back at “Dirty Tricks” Accusations

Chinese mining behemoth Bitmain has strongly refuted allegations that it pressurized an ASIC manufacturer into shutting out a foreign competitor. In a widely shared blog post, Siacoin’s lead developer David Vorick lifted the lid on the cutthroat ASIC mining business. In a response, Bitmain praised Vorick’s input to the industry – but took exception to one particular section of his writeup. Also read: Siacoin Developer: ASICS Are “Money Printing Machines” for Manufacturers Bitmain Breaks Its Silence Bitmain is a company of few words, preferring to let its […]

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Project Jasper Reveals Proof of Concept for Accelerated Payments

Payments Canada, the Bank of Canada, TMX Group and Accenture have shown — through their collaboration on Project Jasper — that it is feasible to instantaneously clear and settle securities on-ledger, and have demonstrated for the first time that both central bank cash and assets can be tokenized to complete instant equity settlements via distributed ledger technology (DLT). Payments Canada owns and operates the country’s payments clearing and settlement infrastructure, and works to ensure the privacy and security of Canada’s financial transactions. Every day, the company processes […]

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S. Korea’s Largest Exchange UPbit Runs ‘Internal Audit’, Dispels Fraud Allegations

UPbit, the South Korean exchange which investigators searched last Friday, says it has conducted an internal audit and cleared itself of fraud. South Korea‘s largest cryptocurrency exchange UPbit said it has conducted an internal audit that disproves suspicions of fraud, local media reported Tuesday, May 15. UPbit, which saw a sudden visit from financial regulators on Friday, May 11, on suspicion officials had faked balance sheets, has yet to publish the audit data, which it claims demonstrates its coin holdings are real. Quoting the exchange’s CEO, local […]

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Despite Ongoing Probes, ICO Legalization in the Cards in South Korea

South Korean regulators are investigating a number of exchanges in the country while lawmakers are working on legislation to legalize initial coin offerings. South Korea has long been a big player in the cryptocurrency world, but recent government crackdowns have stymied the growth of local blockchain-based firms. Despite probes into exchanges as recent as last week, there are concerted efforts to re-legalize initial coin offerings in the country. South Korean lawmakers are working on legislation that aims to lift existing bans on ICOs. According to The Korea […]

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