A Nikkei article states that Soramitsu will start testing its ‘White Tiger’ digital currency for retailers at a university in Fukushima. Japanese blockchain company Soramitsu announced it would start testing a new local digital currency for retailers at the University of Aizu. According to a June 29 report in the Nikkei newspaper, Soramitsu will begin […]
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Ethereum-based predictions platform Augur announced it would be launching the second version of its platform starting on July 28. Blockchain-powered event betting company Augur says that users of its REP cryptocurrency need to migrate their tokens once a new version of the platform is available starting July 28. According to an announcement posted to the […]
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Professor of Economics, Sergei Guriev, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes. Sergei Guriev, professor of Economics at Paris’ Sciences Po and a critic of Vladimir Putin, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes despite having “no fundamental social value”. Unlike […]
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Ethereum’s implied volatility dropped below Bitcoin’s for the first time ever, but is this a bullish or bearish development? Ether (ETH) options implied volatility, a measure of the expected price swings as per the options markets premium, has dropped below Bitcoin’s (BTC) for the first time ever. This could signal that investors have given up […]
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The Lightning Network is susceptible to attacks that could drain Bitcoin wallets by flooding the blockchain. A study published on June 29 revealed a way to drain Bitcoin (BTC) wallets’ funds on the Lightning Network by exploiting a bottleneck in the system. According to the “Flood & Loot: A Systemic Attack On The Lightning Network” […]
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Qtum completed a testnet hard fork prior to launching its mainnet hard fork. Proof-of-Stake, or PoS, blockchain Qtum successfully completed a hard fork of its testnet in preparation for the launch of its mainnet hard fork. According to a statement sent to Cointelegraph, the upgrade went live on the testnet at block 625,000 on June […]
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A new class action alleges that Plaid, which Visa recently bought for over $5 billion, had unparalleled access to the financial information of millions of users. June 25, a new class action was filed in California against fintech startup Plaid, which was acquired by Visa for $5.3 billion earlier this year. The plaintiffs allege that […]
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Proofpoint research shows that phishing-based ransomware attacks are on the rise amid the COVID-19 pandemic. A study published by cybersecurity firm, Proofpoint, shows an increase in email-based phishing attacks used to deliver ransomware over the last few months. According to the report, first-stage deployments of ransomware are reportedly on the rise and have mostly been […]
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Bitcoin’s price dropped below the ascending triangle trendline, suggesting further bearish price action for BTC and altcoins. The total crypto market capitalization has been stuck roughly between $240 billion and $280 billion for about two months. This range-bound action suggests that cryptocurrencies are waiting for a trigger to propel the market cap higher. As the […]
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Switzerland does not need to amend its current tax legislation to cover blockchain-based arrangements, the Federal Council believes. Switzerland’s existing tax law is applicable to developments in the blockchain industry, the Swiss Federal Council said. According to the federal authority, Switzerland does not need to amend its existing tax legislation in regard to blockchain and […]
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