Monthly Archives: March 2020

Finboot’s CEO: Blockchain Adoption Will Improve Industrial Processes

Spanish fintech CEO says blockchain will surely help the environmental initiatives across the globe. Corporates that advocate for Environmental, Social and Governance (ESG) responsibility initiatives should adopt blockchain technology, the CEO of Spanish blockchain software firm Finboot said on March 5th in a blog post. According to Finboot CEO and co-founder Juan Miguel Perez, to communicate the achievements of ESG initiatives, companies must obtain quantitative metrics that verify their progress and authenticate what they say. That is where blockchain technology comes in. But the introduction of traceability […]

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UK Adds Further Regulation to Already-Strict 5AMLD Guidelines

A director of one of the U.K.’s regulating bodies described new crypto Anti-Money Laundering overwatch added to the EU’s already stringent 5AMLD expectations. To combat the alleged risks associated with crypto assets and their networks, Her Majesty’s Treasury, the United Kingdom’s finance and economics department, has added additional measures. The new Money Laundering Regulations, or MLRs position the U.K.’s Financial Conduct Authority (FCA) as the Anti-Money Laundering (AML) overseer for certain crypto objectives, Director of Retail and Regulatory Investigations, Therese Chambers said in a March 6 speech. […]

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How Blockchain Technology and Metadata Shredding Can Usher in a New Era

Blockchain tech as the privacy keeper: How the distribution of metadata will help you to maintain privacy. It has been nearly seven years since Edward Snowden blew the whistle on highly classified global surveillance programs, inciting a national conversation about privacy in the digital age. One of these revelations was that the NSA had access to the email content of Google users and the ability to map anyone’s cell phone location. It’s now been two years since the Cambridge Analytica scandal came to light, revealing that the […]

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Bitcoin Gold Whale Allegedly Controls Half the BTG Supply

According to a recent study, bitcoin gold (BTG) market prices are being manipulated by a single whale who holds a significant portion of the bitcoin gold in circulation. The Bitcoin Gold network was recently hit with a 51% attack that caused two blockchain reorganizations. The team of BTG developers introduced a new soft fork concept called a “Cross-Chain Block Notarization Protocol” (CCBN) in order to thwart any 51% attacks going forward. Also read: Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends Bitcoin Gold Developers […]

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POSTPONED: Bitcoin 2020 Is Moving to Q3 2020

Following the rapid escalation of COVID-19 in California and worldwide, Bitcoin 2020 has been postponed from March 27 and 28, 2020, to Q3 of 2020. The Bitcoin 2020 team has been in close contact with health authorities, the Office of the Mayor of San Francisco and the State of California regarding this evolving situation. Following this week’s State of Emergency declaration by Governor Newsom and yesterday’s announcement by Mayor Breed regarding community transmission in the city, our commitment to delivering the best experience and protecting the safety […]

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ProgPow Is Dead, Long Live ProgPow: Ethereum Developer Call Summary

Today’s Ethereum developer call lasted three hours, during which a tentative decision to reintroduce ProgPow as Ethash 2.0 was made despite lacking unanimous consensus. The Ethereum (ETH) All Core Devs call to decide on the fate of ProgPow was held on March 6. Despite a tentative decision to reformulate the mining algorithm as “Ethash 2.0,” the call raised more questions than it answered. The call lasted approximately three hours, two of which were entirely dedicated to ProgPow. Several representatives of both the pro and anti-ProgPow sides were […]

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Ex-Presidential Candidate Andrew Yang Launches Data Privacy Nonprofit

After ending his presidential bid last month, Andrew Yang wants to rewrite the rules of the economy with its new nonprofit Humanity Forward. Former presidential candidate and known cryptocurrency proponent Andrew Yang has announced a new initiative to protect privacy online. After ending his presidential bid last month, Yang has announced the creation of new nonprofit organization called Humanity Forward. It aims to “rewrite the rules” of economy and society with a focus on data privacy. Announcing the news in a March 5 tweet, Yang outlined that […]

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Verizon Boosts Security Portfolio With Blockchain Technology

American telecoms giant Verizon Wireless incorporates new blockchain-backed security features. Verizon Business has announced the inclusion of new security services, including two new administration and identity access systems using blockchain-based technology. These are Verizon Identity (VID) and Verizon Machine State Integrity, which are modeled within a Blockchain environment, according to the US technology firm on March 5th.  In the case of VID, identity information is encrypted and subsequently distributed through multiple servers in the blockchain, so there would not be a centralized base that can be attacked […]

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Binance.​US Enables USDC Deposits

Binance’s US wing has implemented USDC deposits to convert to BUSD easily. Global cryptocurrency exchange Binance has listed USDC for deposits on its United States Branch, Binance.US. The new listing took effect on Wednesday, March 4th, at 9:00 PM EST, allowing users easily convert to BUSD, according to a statement made on their official website. BUSD allowed for trading or holding With such a measure, Binance.US will allow its users to start trading or holding BUSD. The conversion feature can be found under “Buy Crypto” on the […]

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Ledger Wallet Warns of Fake Google Chrome Extension Stealing Crypto

A fake extension on Google Chrome browser impersonated an application for Ledger wallet to steal crypto from users. Major cryptocurrency hardware wallet supplier Ledger has warned its users about another phishing attack trying to steal their crypto — this one using a Google Chrome extension. In a March 5 tweet, the French crypto company specified that there is a fake extension on Google Chrome browser that attempts to steal users’ crypto by asking them to enter their 24-word recovery phrase to access their wallet. Ledger Live gets […]

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