The Steem Takeover and the Coming Proof-of-Stake Crisis

The recent incidents with Steem show a critical vulnerability in proof-of-stake algorithms that might affect all cryptocurrencies and exchanges. The Steem blockchain reportedly experienced a troubling episode recently, whereby the blockchain’s entire governance system was disturbed. Tron founder Justin Sun, new owner of the Steemit social network based on the Steem token, appears to have […]

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Vitalik Buterin Sees Future in Decentralized Privacy Currency

Vitalik Buterin says that currency digitization is inevitable and believes decentralized privacy currency would be more appealing to people than state-controlled digital currencies. With governments increasingly looking at launching their own digital currencies, you might worry that crypto just can’t compete with national financial infrastructures. Not so, says Ethereum co-founder Vitalik Buterin. Buterin spoke with […]

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Brazilian Ministry of Education Proposes Issuing Diplomas on the Blockchain

Brazil opens up to the possibility of implementing Blockchain technology to issue university diplomas and prevent fraud. In an attempt to fight against the falsification of university diplomas in Brazil, the Ministry of Education (MEC) has proposed, creating a Blockchain-based platform to issue digital certifications among non-state universities. According to Cointelegraph Brazil, MEC minister Abraham […]

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Chainalysis: Only 1% of $1 Trillion Transacted in Crypto in 2019 Was Illicit

According to Chainanalysis’ latest report, there were over $1 trillion worth of crypto transactions in 2019 with only 1.1% percent of them being illicit. According to Chainalysis’ March 5th webinar, over $1 trillion worth of cryptocurrency transactions took place in 2019 with only 1.1% of them being illicit.  Source: Chainalysis Diminishing of darknet markets Overall, […]

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