United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin mining ASIC units. United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin (BTC) mining application-specific integrated circuit, or ASIC, units. According to a June 3 announcement, Marathon Patent Group installed 700 Whatsminer M30S+ ASICs produced by […]
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A representative of LG’s information technology subsidiary LG CNS told Cointelegraph that blockchain-based identity systems could replace all login functions. A representative of LG’s information technology subsidiary, LG CNS, told Cointelegraph that blockchain-based identity systems could become the new standard for login functions. When asked about why the firm is pursuing the development of blockchain-based […]
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Bitcoin code from 2009 indicates that Satoshi Nakamoto likely was hiding behind a Russian proxy. Satoshi Nakamoto may have relied on a Russian proxy as early as January 2009, when Bitcoin v0.1.0 was first released. Telltale signs appear in the file ‘irc.cpp’ on line 212, though this seems to be obfuscated with a simple cipher. […]
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The crypto platform becomes one of the first companies in the industry to achieve the ISO/IEC 27701:2019 certification. Cryptocurrency payment platform, Crypto.com, announced on June 2 that it is one of the first fintech companies to receive ISO/IEC 27701:2019 privacy certification, following a number of third-party audits. According to the announcement, the “Gold standard” certification […]
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Coincheck suffered a data breach that may have leaked users’ emails and personal information, including date of birth and phone number. Major Japanese cryptocurrency exchange Coincheck has suffered a data breach involving unauthorized access to the platform’s domain registration service. Coincheck is one of the world’s oldest crypto exchanges. They suffered a $500 million hack […]
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The DeversiFi decentralized exchange has integrated Starkware’s zkStark layer-2 scaling technology into its 2.0 incarnation, bringing high-speed trading, instant settlement and withdrawal certainty. The DeversiFi decentralized exchange, or DEX, relaunched as DeversiFi 2.0 on June 3, incorporating Starkware’s zkSTARK layer-2 scaling technology. This new platform will be able to process over 9,000 transactions per second, […]
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New Bitcoin model based around quantum analysis predicts a potential BTC price drop as low as $2,000 before the next bull-run proper starts in 2022. Twitter analyst CryptoWhale teased a new model for Bitcoin (BTC) on June 2, which claims to use quantum analysis to predict future price. The Fermions Flows, or FF, Whale Model […]
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The price of Bitcoin abruptly dropped to $8,600 in less than five minutes on June 1, and top crypto traders are split on the direction it will go. The price of Bitcoin (BTC) suddenly dropped from $10,000 to $8,600 on BitMEX as nearly $140 million worth of long contracts were liquidated. The pullback came merely […]
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Why and how to shift your business toward a decentralized system architecture amid the global COVID-19 pandemic. The ongoing global COVID-19 pandemic has upended businesses around the world, forcing companies to retool their organizations to weather one of the worst disruptions to the global economy in decades. In the face of unpredictability, both decentralization in […]
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A Bitcoin exchange transaction resulted in a user getting scammed as a spoofed SMS message from a payment app made it seem that the attacker executed the payment. A Bitcoin (BTC) peer-to-peer exchange made on the HodlHodl platform went awry as a scammer appears to have used a SIM spoofing attack to make the seller […]
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