Monthly Archives: July 2018

Harmless for now, Dangerous in the Future: Here’s What EU Researchers Think of Cryptocurrencies

The summary of “Monetary Dialogue” session held by ECON. On July 9, a “Monetary Dialogue” session was held by the Committee on Economic and Monetary Affairs Committee (ECON) of the European Parliament. It’s a quarterly conference that is directly interlinked with the European Central Bank (ECB): Every three months, the president of the ECB (or, occasionally, another representative) appears before the Committee to report on the state of monetary policy in the union. It is worth noting that the ECB has a complex relationship with cryptocurrencies, with […]

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The Pirate Bay Is Again Using Users’ CPUs to Mine XMR

The Pirate Bay is again taking over its users’ CPUs in order to mine the Monero (XMR) cryptocurrency to generate additional revenue. Unlike previous times, the site now displays a notification on the matter for users to know what is going on with their systems. Also Read: The Daily: Bitmain Valued at $12 Billion, New US Crypto Exchange Opens for Business Leave Now or Else The Pirate Bay, the major torrent downloading website, has begun notifying its visitors that their systems are being used to mine Monero. […]

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Expanding the Practical Use of Blockchain Technology Within Insurance

The Institutes RiskBlock™ Alliance is joining forces with Accenture in a move that will see both companies expand the use of blockchain technology within the insurance sector. Accenture joins the Alliance as the lead framework architect responsible for developing a “production-grade platform” to create and implement blockchain use cases. The Institutes RiskBlock Alliance is a consortium of industry experts who seek to advance “insurance-specific use cases via RiskBlock’s interoperable blockchain architecture.” RiskBlock was created by The Institutes, a leading and trusted insurance knowledge group committed to developing […]

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CBOE Files Application for Bitcoin-Based ETF with SEC

The Chicago Board Options Exchange (CBOE) has filed an application for a bitcoin-based exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). The SEC has requested public feedback regarding CBOE’s prospective ETF. Also Read: Youtube Dragged Into Bitconnect Class Action Lawsuit for Failure to Protect Victims CBOE Files for Bitcoin ETF With SEC CBOE has filed an application for a bitcoin-based ETF that will list and trade BTC shares backed by the Vaneck Solidx Bitcoin Trust (“the Trust”). According to a release published by the […]

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China: 20 Arrested in Cryptojacking Case Allegedly Affecting Over 1 Million Computers

20 suspects have been arrested in a major Chinese cryptojacking case allegedly affecting over 1 million computers. 20 suspects have been arrested in China in a major cryptojacking case allegedly affecting over one million computers and generating 15 million yuan (about $2.2 million) in illicit profits, local news source Legal Daily reports today, July 9. Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. According to local sources, investigation of the case began in January 2018, […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, NEO: Price Analysis, July 09

Cryptocurrencies are bouncing off their lows even despite immense pressure from China and India. Which coins are confirming a bottom? 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 lack of mass adoption in daily use has led many critics to question the future outlook of cryptocurrencies. However, […]

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Walmart’s Latest Patent Unveils Blockchain-Based Delivery Management System

The latest blockchain-related patent application by Walmart has been released, outlining a reservation system for smart delivery lockers. U.S. retail giant Walmart’s latest blockchain-related patent application describes a “secure” delivery management system, according to a filing published by the U.S. Patent and Trademark Office (USPTO) July 5. The newly published application, entitled “Delivery Reservation Apparatus and Method,” outlines a blockchain-based management system for delivery lockers that can keep delivered items safe until their purchasers are able to sign for and collect them.   A “blockchain reservation” system is […]

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Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report

The People’s Bank of China states that the yuan now accounts for less than 1% of global Bitcoin trades, local sources report. China’s central bank, The People’s Bank of China (PBoC), has stated that the Chinese yuan now accounts for less than 1 percent of global Bitcoin (BTC) transactions, local news outlet Asia Times reports today, July 9. The PBoC released a new report on Friday, July 6, indicating that the yuan’s share of global Bitcoin trades has plunged in the months following the government’s crackdown on […]

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Japanese Internet Giant GMO Boosts Own Bitcoin Mining Output With 7nm Rigs

Japan’s internet giant GMO has released the latest results of its cryptocurrency mining operation. The company has also started using 7nm rigs for its in-house mining business. News.Bitcoin.com talked to a GMO spokesperson to find out more details. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 1906 BTC and 636 BCH Mined GMO has released its mining report for June. According to the report, the company has mined 1,906 BTC and 636 BCH since its mining operation began in December last year; 528 BTC and 62 BCH were mined […]

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Decentralized Crypto Exchange Bancor Reports ‘Security Breach,’ Remains Down for ‘Maintenance’

Decentralized cryptocurrency platform Bancor reports theft of tokens, while the platform remains down for “maintenance.” Decentralized cryptocurrency platform Bancor halted operations Monday, July 9, as it investigates what it calls a “security breach,” reportedly involving over $12 mln. A Twitter post confirmed the breach and Bancor’s halted operations, which the platform says is specifically to allow investigative work prior to a full statement being released “shortly.” “This morning (CEST) Bancor experienced a security breach. No user wallets were compromised,” the tweet reads, continuing: “To complete the investigation, […]

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