The Chinese province of Yunnan will track their tea supply chain using blockchain technology. The Chinese province of Yunnan announced the official launch of a blockchain-powered traceability platform for its Pu’er tea farms on June 3. The blockchain platform was first announced in the 2020 Phoenix Nest Ancient Tree Spring Tea New Product Launch Conference […]
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Last week, the Gemini crypto exchange unveiled their collaboration with Samsung, harnessing the outfit’s wallet. Crypto exchange Gemini announced compatibility with the Samsung Blockchain Wallet last week, allowing users to interact with the exchange through the wallet. U.S. and Canadian “Samsung Blockchain Wallet users can buy, sell and store crypto on their phones through the […]
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Telefonica announced a new tool created by its cybersecurity division to decrypt affected files by VCryptor. On June 3, Spain-based telecommunications conglomerate, Telefónica, released a free tool to recover data encrypted by the VCryptor ransomware. The tool, VCrypt Decryptor, was created as part of an international initiative titled “No More Ransomware”. This alliance was established […]
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Amid protests, rioting and general uncertainty, mainstream markets have posted positive numbers, seemingly contrasting the state of the U.S. Even in light of recent riots, protests, and uncertainties, mainstream U.S. financial markets show upward prices due to overarching forces, according to Morgan Creek Digital co-founder, Anthony Pompliano. “Yes there are protests, there are all these […]
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Charlie Shrem explains why he originally committed to crypto and how it has shaped his life. Charlie Shrem has been involved in crypto longer than almost anyone. He likes to joke that he was one of the first ten people to ever hear about Bitcoin. He now hosts the crypto-focused podcast Untold Stories, which attempts […]
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Hackers stole over 5,000 email addresses from Coinsquare’s database and aim to use it for SIM swapping. Hackers stole almost 50,000 email addresses from Canada-based cryptocurrency exchange, Coinsquare. Now, they’re hoping to use the data to perform SIM swapping attacks. One of the alleged hackers involved in the attack spoke to VICE Motherboard on June […]
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This week Bitcoin price corrected sharply after rejecting at $10,400 but CME BTC futures data shows institutions remain bullish. CME Bitcoin (BTC) futures and options markets expired on May 29, and despite a $100 hiccup, the price of the largest digital asset on CoinMarketCap held up nicely around the $9,400 level. As the market entered […]
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A new internet that leverages peer-to-peer capabilities wants to create total decentralization, but can this model deliver on a product? Decentralization is one of the most important benefits promised by blockchain, as the technology aims to distribute and disperse power away from central authorities. Bitcoin, for example, was designed as a decentralized alternative to government-backed […]
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As Bitcoin price consolidates and searches for support, large cap altcoins are setting up for a resumption of their uptrends. Blockstream CEO Adam Back recently said that institutional money is not needed to propel Bitcoin (BTC) to $300,000 within five years. This is partially because the current financial situation could drive retail traders to look […]
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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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