Quantum computers will not kill blockchain, but they might trigger fundamental changes in underlying cryptography. The major selling point of blockchain and its applications is that cryptographically secured distributed ledgers are virtually “unbreakable” under normal circumstances, given the current state of computational technology. Its validity, however, is heavily dependent on the “state of technology” assumption. […]
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A Coinbase crash interrupts Bitcoin’s parabolic run and a Singaporean exchange is the latest to fall victim to a hacking attack. Coming every Sunday, the 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 […]
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Despite bitcoin’s recent price surge, the download count of crypto-related mobile applications has seen no increase compared to the first half of last year. Despite bitcoin’s (BTC) recent price surge, the download count of cryptocurrency-related mobile applications is not increasing, Bloomberg reports on June 28 Data form mobile app analytics firm App Annie shows that, […]
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A Twitter account dedicated to reporting significant bitcoin transactions reported that 25 bitcoin transactions worth $6 billion have been included in just one block. Several high-value bitcoin (BTC) transactions were included in a single block on June 30. Bitcoin Block Bot, a Twitter account dedicated to reporting significant bitcoin (BTC) transactions reported that 25 bitcoin […]
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Major cryptocurrencies are in the red as markets are correcting downward. Sunday, June 30 — most of the top 20 cryptocurrencies are reporting are seeing losses at press time, as markets are sloping downward. Market visualization courtesy of Coin360 Bitcoin (BTC) is currently down 7.33% on the day, trading around $11,103 at press time, according […]
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A New York resident has filed a lawsuit against crypto exchange Bittrex for allegedly withholding $120,000 worth of her assets. A New York resident has filed a lawsuit against crypto exchange Bittrex for allegedly withholding funds, industry news outlet The Block reports on June 30. Per the report, the plaintiff claims to have deposited $120,000 […]
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Facebook has removed ads for a bitcoin scam that claimed to have the approval of the crown prince of Abu Dhabi. Facebook has removed ads for a bitcoin (BTC) scam that masqueraded as posts by the crown prince of Abu Dhabi, UAE news site The National reports on June 30 According to the report, a […]
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A partner at Binance Labs expresses optimism about Facebook’s entry into crypto with Libra. Speaking to Cointelegraph at Blockchain Week Rome, Teck Chei, partner at Binance Labs, said that he sees Facebook’s Libra Project at a step forward for crypto and increasing public awareness. In Chei’s own words: “I think having a company like Facebook, […]
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Daily transactions registered on the Ethereum network crossed one million for the first time since May 2018. Daily transactions registered on the Ethereum (ETH) network exceeded one million yesterday, June 28, for the first time since May 2018, according to data reported by leading Ethereum block explorer Etherscan. Per Etherscan data, on June 28 there […]
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The insurance sector is riddled with inefficiencies — and distributed ledger technology is on a mission to fix them. The business of insurance is enormously complex: The process of evaluating and managing a variety of risks that individuals and organizations face every day inevitably involves coordination of the multiple parties’ efforts and reconciliation of extensive […]
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