Litecoin creator Charlie Lee has suggested that a decentralized cryptocurrency is by definition exposed to 51 percent attacks, otherwise it is centralized. A decentralized cryptocurrency is by definition vulnerable to 51 percent attacks, the creator of Litecoin (LTC) Charlie Lee stated in a tweet Jan. 7. In the wake of recent news about unusual mining […]
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A new blockchain-powered platform, backed by Alipay’s blockchain technology, will deliver cross-border remittance service between Pakistan Malaysia. The Pakistan-based subsidiary of global telecommunications giant Telenor has launched a blockchain-powered cross-border remittance service, according to a press release published Jan. 8. Per the announcement, the Pakistan-based Telenor Microfinance Bank (TMB), Valyou — a Malaysian fintech subsidiary […]
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Bitcoin has been holding the psychological $4K mark for two days, while some of the other top currencies see mild losses Tuesday, Jan. 8 — crypto markets are seeing mixed signals, according to data from Coin360, after a day mostly in the green. Bitcoin (BTC) still remains above current psychological barrier of $4,000, while some […]
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U.S. law firms Silver Miller and Levi & Korsinsky have filed a class action lawsuit against Nano devs for allegedly violating securities laws. Two United States law firms have filed a lawsuit against the developers of altcoin Nano (NANO) as well as Italian cryptocurrency exchange BitGrail, according to a notice published Jan. 7. Crypto-focused law […]
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Alexey Akhunov, an Ethereum code contributor, suggested that Ethereum developers should ‘embrace’ specialized mining hardware (ASICs). An Ethereum (ETH) code contributor has suggested that Ethereum developers ‘embrace’ specialized mining hardware (ASICs) in a reply on Ethereum developer forum Ethereum Magicians, Jan. 7. As Cointelegraph reported last week, Ethereum core developers have tentatively decided to implement […]
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Payment network RippleNet has surpassed 200 customers, with financial institutions in 40 countries. Crypto and blockchain company Ripple has reported today, Jan. 8, that 13 new financial institutions have signed up for the RippleNet payment network, bringing the total number of customers over 200. The new institutions range from locations including Sweden, England and Kuwait, […]
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The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of $2.6 billion alleged Ponzi scheme Bitconnect. The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of reported $2.6 billion Ponzi scheme Bitconnect, daily newspaper The […]
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KodakONE has reportedly generated over $1 million in licensing claims for image rights during a limited beta test of its blockchain-based platform. KodakONE — the developer of a blockchain-based image rights platform licensed by photographic industry giant Kodak — has reportedly generated over $1 million in licensing claims for image rights during a limited beta […]
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Coinbase has increased the amount of ETC that was allegedly double spent following a 51 percent attack. A deep reorganization of the Ethereum Classic (ETC) blockchain, which reportedly included double spending, has involved more than $1.1 million worth of crypto, United States crypto exchange Coinbase revealed Monday, Jan. 7. According to the Coinbase blog, the […]
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Having failed to conduct an IPO in Hong Kong, Canaan is apparently eyeing an alternative jurisdiction. Chinese Bitcoin mining hardware manufacturer Canaan Creative is considering a new initial public offering (IPO) in New York, Bloomberg reported on Jan. 8, quoting anonymous sources. Canaan, China’s second-largest hardware player, could begin selling its shares in a private […]
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