Bitmain Co-Founder Jihan Wu Loses Executive Power in Board Reshuffle, Says Chinese Media

Unsubstantiated reports quoting a lawyer from Bitcoin mining giant Bitmain suggest co-founder Wu no longer has executive power. Cryptocurrency commentators are eyeing Bitmain Nov. 13 after Chinese industry media outlet Sanyang Blockchain reported a board reshuffle had resulted in co-founder Jihan Wu being unable to influence corporate decisions. Citing an unnamed “financial news” source, Sanyang […]

Continue Reading

New Linux-Targeting Crypto-Mining Malware Combines Hiding and Upgrading Capabilities

New Linux-targeting crypto-mining malware is able to upgrade itself and hide from being detected, cybersecurity firm Trend Micro reports. Japanese multinational cybersecurity firm Trend Micro has detected a new strain of crypto-mining malware that targets PCs running Linux, according to a report published Nov. 8. The new strain is reportedly able to hide the malicious […]

Continue Reading

Electronics Giant Bosch Partners with IOTA to Launch New Device for IoT Data Collection

Engineering and electronics manufacturer Bosch has partnered with IOTA, integrating its new data collection Internet of Things device with the IOTA Data Marketplace. Engineering and electronics manufacturer Bosch has partnered with IOTA, integrating its new data collection Internet of Things (IoT) device with the decentralized IOTA Data Marketplace, according to a tweet from Bosch Nov. […]

Continue Reading

Japan: Crypto Exchange Coincheck Resumes NEM Trading Almost 10 Months After Major Hack

Japanese crypto exchange Coincheck has announced it has resumed NEM crypto token trading after a restructuring of its platform by external “security experts.” Recently re-opened Japanese crypto exchange Coincheck has announced it has resumed NEM (XEM) crypto token trading after a restructuring of its platform by external “security experts,” South Korean news outlet FNNews reports […]

Continue Reading

Opposing Bitcoin ABC and Bitcoin SV Factions’ Debates Grow Heated as the Bitcoin Cash Hard Fork Draws Closer

Will Bitcoin Cash split? An extended overview of convictions, mind games, and “cheat codes” used by Bitcoin ABC and Bitcoin SV to beat one another. Born out of the original Bitcoin blockchain on August 1, 2017, Bitcoin Cash (BCH) has split the cryptocurrency community into warring factions with their own arguments, verbal skirmishes, leaders, convictions […]

Continue Reading

Speeding Up Mortgage Application Times: ‘Future of Real Estate’ Gets Regulatory Approval

sponsored A platform which hopes to speed up the closure of house purchases through blockchain technology has been legalized by Japanese authorities. A blockchain-based startup which bills itself as “the future of real estate” has announced that its project has been legalized by Japanese regulatory bodies, including the Securities and Exchange Surveillance Commission. Ruden Holdings […]

Continue Reading

IMF Vows to Continue ‘Devoting Attention’ to Blockchain, Cryptocurrency in Fintech Drive

The International Monetary Fund’s Deputy General Counsel made known about its plans to experiment with blockchain during a conference speech this week. The International Monetary Fund (IMF) said it plans to use its ongoing research and experimentation with blockchain as an “anchor” for its future policy on the technology in comments Nov. 12. Speaking on […]

Continue Reading

Australia’s Biggest Bank Trials Blockchain-Based ‘Smart Money’ for Disability Insurance

The Commonwealth Bank of Australia and a government-run digital innovation center have successfully trialled a blockchain-powered “smart money” system for disability insurance. The Commonwealth Bank of Australia (CBA) and government-run digital innovation center Data61 have released the results of their trial for a blockchain-powered “smart money” system for Australia’s National Disability Insurance Scheme (NDIS). The […]

Continue Reading