Category Archives: Crypto News

Startup To Help Traditional Businesses Effectively Embrace Blockchain Technologies

sponsored A UK startup is developing so-called middleware that could help traditional IT systems ‘talk’ to Blockchain-based systems, helping a large swathe of businesses utilize the distributed ledger and related technologies. A UK startup is building so-called middleware that could allow many traditional enterprise IT systems such as ERP, WMS and CMS to quickly adopt Blockchain-based systems. Most enterprise systems cannot be swiftly integrated with Blockchain, and many businesses cannot afford to invest millions of dollars in new ones. Omnitude aims to fill this critical technology gap. […]

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Alleged Bitcoin Fraudster Renwick Haddow Extradited From Morocco To US

Renwick Haddow was extradited from Morocco and appeared in a U.S. court on Friday, after allegedly defrauding investors of over $37 mln. Renwick Haddow, a British citizen and alleged Bitcoin fraudster has been extradited from Morocco to the U.S. and appeared in a Manhattan District Court on Friday, the U.S. Department of Justice (DoJ) announced April 13. The DoJ complaint alleges Haddow, 49, “misappropriated investor funds” and “made false and misleading representations” to investors in Bitcoin Store, Bar Works, and related schemes, from Nov. 2014 through June […]

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Islands, Robots And Flying Cars: Where Crypto-billionaires Chill Out

While the cryptocurrency market slows down, crypto stars find more exclusive ways to spend their money Despite the recent cryptocurrency market fall and the disappointment of those who invested in Bitcoin when it cost $18,000, there are nevertheless the lucky ones who managed to make it to the list of billionaires. Perhaps these individuals caught a wave and wisely distributed their cryptocurrency investments – in other words – “diversified.” Judging by the number of crypto billionaires from the 2017 Forbes list, even millions in losses did not […]

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Hanoi’s Dpt. Of Industry And Trade Bans Crypto Use In E-Commerce

Hanoi’s Department of Industry and Trade has banned individuals and organizations from using cryptocurrencies to settle transactions online. The Hanoi Department of Industry and Trade has banned organizations and individuals involved in e-commerce businesses in the city from using Bitcoin and other cryptocurrencies to settle transactions online, in a document issued to relevant parties on April 13. The document cites government decrees on non-cash payment instruments, emphasizing that “the issuance, supply, use of Bitcoin and similar virtual currencies is prohibited in Vietnam.” Violations are subject to a […]

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Ex-Google Employees Form Blockchain Innovation Community For Other ‘Ex- Googlers’

The xGoogler Blockchain Alliance seeks to bring both current and former Google employees who share a common interest in Blockchain. Three former Google employees have joined together to create a community, the xGoogler Blockchain Alliance (GBA), for all ex-Googlers interested in Blockchain, according to a press release published Sunday, April 15. Ex-Googlers and Chinese Blockchain community leaders Hitters Xu, founder of Blockchain platform Nebulas, Daniel Wang, founder of decentralized exchange and open protocol Loopring, and Andy Tian, CEO and founder of Gifto, were inspired to create the […]

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US Tech Group Releases ‘Playbook’ To Help Gov’t Understand If It Needs Blockchain

A new advisory publication on Blockchain is designed to help US government agencies figure out the technology. The American Council for Technology and Industry Advisory Council (ACT-IAC) released a second Blockchain resource specifically targeting government uptake of the technology this month, Forbes reports Sunday, Apr 15. The ACT-IAC, an advisory structure in existence since the 1970s, has opted to create a five-point checklist for US government agencies. This, along with other materials in the Blockchain Playbook, should allow such agencies to cut through “hype” and work out […]

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Crypto Markets See Slight Slump, While Crypto Investors Maintain High Predictions

The crypto markets are sinking slightly today, bringing BTC back slightly under $8,000 and ETH close to $500. Bitcoin’s (BTC) price has gone back under $8,000, and Ethereum’s (ETH) briefly under $500, as the crypto markets experience a slight slump today, April 16. BTC’s price last week had jumped $1,000 in 30 minutes, maintaining a relatively steady upward trend across the board in the aftermath of the jump. BTC is currently trading for around $7,944, down around 5 percent over a 24 hour period to press time. […]

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Samsung Is Looking Into Blockchain For Its Huge Global Supply Chain

Samsung is reportedly planning to use Blockchain to cut supply chain costs by 20%. South Korean electronics giant Samsung revealed it intends to use Blockchain for its global supply chain, Bloomberg reported April 16. Samsung SDS, the company’s IT subsidiary, is eyeing the technology with a view to cut costs by up to 20%, according to vice president and Blockchain chief Song Kwang-woo. If it gets the green light, the move would be a further addition to SDS’ Blockchain interaction, alongside its Nexledger transaction management tool which […]

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Mastercard Patents Blockchain Tech To Combat Fake Identities

MasterCard has filed a patent for a private Blockchain system to store and verify identity data. Mastercard has filed a patent for a Blockchain system to store and verify identity data, in an application published by the U.S Patent and Trademark Office (USPTO) April 12. Mastercard states: “Traditionally, proof [of identity] has been provided via government identification, credit cards, business cards…[such] proof may be inaccurate… or may be entirely fabricated in ways that may be difficult to identify… there is a need for a technical solution to […]

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SRBMiner Cryptonight AMD GPU Miner for All Your CryptoNight Needs

There are already a few variations available of the CryptoNight algorithm and different coins are using different versions, so it is hard to keep a track of all and use a different miner for the slightly different version. The SRBMiner Cryptonight AMD GPU Miner might help you here as it pretty much supports all of the variations of CryptoNight for now for AMD GPU miners, for example the just forked IPBC that decided to go for Cryptonight UltraHeavy instead of the regular V7. Supported CryptoNight variations: – […]

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