Monthly Archives: March 2020

Why Ethereum Should Go Mobile

Due to significantly increasing numbers of mobile users worldwide, Ethereum should focus on mobile applications to adjust to reality. We live in an increasingly mobile world where I can order a vehicle driven by a complete stranger to take me anywhere, I can get food delivered in minutes, and I can conduct almost all my immediate banking needs — all via apps on my phone. We’re in a decade when firing up a computer to do these tasks would seem tedious compared to quickly swiping on a […]

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Blockchain-Related Deals Are Moving From The US to China

CB Insights highlighted the boost in China’s blockchain-related deals and the decrease in U.S. investments. New York-based research firm, CB Insights, has released a report showing that  Chinese startups are starting to substantially increase their blockchain-related investments. The research document, titled The Blockchain Report 2020, was published on March 11. It highlights that in 2015, deals from US-based companies accounted for 51% of Blockchain tech growth. Comparatively China-based companies represented only 2%. However, the balance has now tipped in China’s favor.  Data indicates that in 2019, the […]

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BTC Worries, Buterin ‘Embarrassed,’ Blockchain Fights Coronavirus: Hodler’s Digest, March 23-29

Bitcoin may not return to $10,000 soon, WHO launches blockchain platform to fight COVID-19, and more bad news for QuadrigaCX victims. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week A calmer week for Bitcoin — but price may not return to $10,000 soon Bitcoin remained largely steady in the mid-$6,000s […]

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Blockchain to Revolutionize Luxury Watch Ownership

A Swiss watchmaker plans to authenticate and issue digital warranties issued via blockchain for a limited run of luxury watches. Digital identity consortium, Arianee, has authenticated a limited batch of luxury wallets using its blockchain protocol. On March 26, Swiss luxury watchmaker Breitling announced the release of a limited edition chronograph certified using the Arianee protocol. Each individual Top Time watch will be given a unique digital identity using distributed ledger technology. Breitling Issues First Blockchain-Based Digital Warranty For Mechanical Watch Breitling, which was founded in 1884, […]

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Free from Tron: Steemit’s Blockchain Fork Hive Outperforms Steem Token Value

For weeks now, the cryptocurrency community has been fervently discussing the recent acquisition of the Steemit blockchain. Skeptics believe that the Tron takeover has shown significant vulnerabilities with delegated-proof-of-stake (DPoS) projects. Following the takeover, the community still managed to fork the protocol and the new hard-forked blockchain dubbed ‘Hive’ has seen its token price outperform the value of Steem tokens. Also read: In-Between Bitcoin Halvings: Analyst Proves Bitcoin’s Price Not Bound to 4-Year Cycles A slew of Steemit proponents believe the Steemit protocol was rescued from centralization […]

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Fake Ledger Chrome Extensions Continue to Steal Crypto From Victims

Fake Google Chrome extensions continue to steal funds from users, with a purported COVID-19 case claiming to have lost 14,000 XRP. Fake Google Chrome extensions for crypto hardware wallet manufacturer and custody provider, Ledger, continue to claim victims. On March 28, a post was published to Reddit by a user seeking to warn others that they had just lost 14,908 Ripple (XRP) (roughly $2,577) to a fake Ledger Wallet extension on the Google Chrome store.  According to the poster, ‘leannekera’, the lost funds comprised a nest egg […]

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Canada’s New AML Rules Have Room for Improvement but a Good Start, Eh?

Canada is the latest country to adopt FATF’s crypto guidance, but how will Canadian crypto firms fair under the new regime? As the world’s supervisory agencies start to heed the crypto guidelines of the Financial Action Task Force, a new regulatory landscape is taking shape within the crypto industry. The latest country to annex the FATF directives is Canada, but how will the new rules impact crypto business in the country? In a report released March 10, the Financial Transactions and Reports Analysis Center of Canada, or […]

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BitMEX Research Unveils Who Funds Bitcoin Network Development

BitMEX’s research arm sheds light on who funds development of the open source software behind Bitcoin. The research arm of cryptocurrency exchange, BitMEX, shed some light on who is funding the development of the open source software behind Bitcoin (BTC). According to a BitMEX Research report published on March 28, blockchain firms Blockstream and Lightning Labs are the largest contributors to Bitcoin development. On the other hand, Bitcoin research firm, Chaincode Labs, is the largest financial supporter of Bitcoin Core software development. The researchers note: “We conclude […]

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Maze Hacker Group Claims Infecting Insurance Giant Chubb with Ransomware

Black hat hacker group claims to have compromised an insurance giant with ransomware. Black hat hacker group, Maze, claims to have used ransomware to compromise the systems of insurance giant, Chubb. They also claim to have stolen the firm’s data. Brett Callow, threat analyst at cybersecurity firm, Emsisoft, told Cointelegraph on March 27 that Maze published the claim on its website. While the website does not provide any direct proof of the hack so far, Callow pointed out facts that give the claim an air of credibility: […]

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Porn Industry Thrives During Lockdown — These Sites Are Cryptocurrency-Friendly

Porn sites have been experiencing increased traffic as the number of people under lockdown or quarantine rises due to the coronavirus pandemic. Many of these sites accept cryptocurrencies, including Pornhub. The popular porn site currently offers residents of some countries free premium membership for a limited time to help them stay home during the covid-19 outbreak. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It Porn Site Sees Surge in Traffic Amid Coronavirus Lockdown Lockdown and social distancing have increased traffic […]

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