The much speculated hard fork in the ethereum ecosystem, that was expected to roll out on 16th January, has been delayed. The core developers decided to delay the fork after ChainSecurity, a Switzerland based blockchain audit firm, found potential vulnerabilities in the code. They cited a ‘re-entrance attack’ as a potential threat, whereby a pair... Continue Reading →
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Top 12 Things for Hodlers to look forward to in 2019
The year 2018 proved to be quite polarizing for hodlers. The price of Bitcoin rose to a record of 20,000 USD before coming crashing down a little while after, losing more than 80% of its value. Most cryptocurrencies followed suit, giving rise to mixed emotions and opinions all-through 2018, from even the most seasoned investors.... Continue Reading →
The Ultimate Guide to Crypto-backed Loans [Updated, October 2018]
The History and Functions of Banking The history of banking can be traced back to early civilizations, particularly after human beings transitioned from operating in isolated hunter-gatherer communities, to larger agricultural societies sometime after 12,000 BC. Before currencies were created, merchants and traders largely dealt in food grains and food cattle. This system is called... Continue Reading →
JP Morgan develops first cryptocurrency engineered by bank, JPM Coin
Blockchain technology and cryptocurrencies have increasingly been gaining attention in the banking and financial domain with many major banks, from across the world. American bank JP Morgan Chase has come out as the first bank to develop its own cryptocurrency called JPM Coin. This coin, however, can only be used by institutional clients of the... Continue Reading →
Japan: Country’s largest bank launching Blockchain payments network in 2020
While many countries around the world had previously taken a strong stance against cryptocurrencies (although many have, and are reconsidering their skepticism), a few countries acknowledged the benefits that distributed ledger technology in blockchain and cryptocurrencies could have on economies around the world. Among those few countries is Japan, with the most progressive regulatory climate... Continue Reading →
Binance CEO, Zhao: Amazon will have to issue a currency sooner or later
Many online-based businesses aren’t accepting cryptocurrencies due to the huge volatility in the price and concerns over the legality of the currency. But amid all this uncertainty, Changpeng “CZ” Zhao, CEO of the world’s largest crypto exchange Binance, believes that the e-commerce giant Amazon will end up accepting cryptocurrency as a mode of payment sooner... Continue Reading →
Last Week in Crypto – 28 January to 3 February 2019
Start End Change Bitcoin: 3594.08 3472.73 -3.376385612 Ethereum: 114.93 107.08 -6.830244497 Ripple: 0.311138 0.303046 -2.600775219 *The week started on Monday, 28 January 2018 and ended on Sunday, 3 February 2019. The above prices are as of 12 o’clock Midnight of 28 January and 3 February. Monday, 28 January 2019 Mystery Bitcoin Miners Are Altering Mining... Continue Reading →
Wyoming becomes first US state to Recognize Crypto as Money
According to the legislature website, Wyoming has passed the bill allowing for cryptocurrencies to be recognized as a form of money. The bill was presented on 22nd Jan where it captured the attention of the entire crypto world. It passed all its readings on 29th, 30th, and 31st of January, and was finally introduced to the... Continue Reading →
Iran issues Regulations on Crypto, thus lifting the ban
During the eve of the Electronic Banking and Payment Systems conference in Tehran, Iran announced regulations on cryptocurrency, thus, lifting the cryptocurrency ban, according to reports. The Central Bank of Iran published a 'Version 0.0' of its regulatory framework for cryptocurrencies on their website. It states that the ban has been lifted but restrictions have... Continue Reading →
Last Week in Crypto – 21 January to 27 January 2019
Last Week of Cryptocurrency Start End Change Bitcoin: 3587.67 3732.52 +4.037439341 Ethereum: 119.05 115.03 -3.376732465 Ripple: 0.318072 0.317110 -0.3024472446 *The week started on Monday, 21 January 2018 and ended on Sunday, 27 January 2019. The above prices are as of 12 o’clock Midnight of 21 January and 27 January. Monday, 21 January 2019 Russian... Continue Reading →
WISeKey announces a ‘Blockchain Center of Excellence’ in Malaysia
Cybersecurity IoT platform WISeKey has announced a strategic partnership with Cendee for the establishment of the Blockchain Center of Excellence in Malaysia. As a first milestone, WISeKey and Cendee focused on secure authentication and deployed a cryptographic tool called Root of Trust, to incorporate the Internet of Things (IoT) and blockchain technology into its portfolio.... Continue Reading →
Third-gen blockchain: Telegram Open Network coming soon!
Popular messenger Telegram’s blockchain platform is 90% ready, while the test-version of TON is said to be open to the public in March 2019 as reported by sources close to Pavel Durov, Telegram's Founder on the 23rd of January. First, the "Telegram Open Network" is purportedly a new type of blockchain with more powerful capabilities.... Continue Reading →