Representatives of companies that were allegedly hacked strongly deny the allegations, stating that the exploit had been fixed years ago. According to a report by an online monitoring web portal, Under the Breach, a hacker was able to penetrate the privacy protocols of major firms such as Trezor, Ledger and Bnktothefuture on May 24 and […]
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Ethereum co-founder Vitalik Buterin suggested that stablecoins could serve as instant cross-blockchain bridges. Ethereum co-founder Vitalik Buterin thinks that the stablecoin industry is missing a valuable opportunity to improve interoperability between different blockchains. In a lengthy Twitter thread on May 20, Buterin suggested that stablecoins could enable users to move value across different blockchains: “In […]
Continue ReadingBinance taking the top spot on recently purchased CoinMarketCap has raised concerns among executives from other top crypto exchanges. For an industry that is supposed to be based upon decentralization, it appears to be getting crowded at the top, with a number of companies transforming into unspoken oligarchs, each wielding huge influence — or at […]
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Advantages and challenges in the usage of blockchain in digital services provided by governments: Overview with a close look at Brazil. In a recent trend survey made by DMEXCO and presented at an event in Cologne, Germany, it was determined that although the world is currently suffering economically, the digital economy may greatly benefit after […]
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Cointelegraph interviewed Arif Khan, CEO of blockchain marketplace Alethea AI, about how to address the legal and moral quagmire that “deepfakes” have created. A blockchain-based marketplace is today launching for creators of “synthetic media,” a term used to describe video, image or voice material generated through artificial intelligence algorithms. On May 15, Cointelegraph interviewed Arif […]
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Binance founder CZ sees the African continent as an untapped environment for exchanges to drive cryptocurrency adoption. Binance founder and CEO Changpeng Zhao, otherwise known as CZ, believes that the African continent holds some unique opportunities for cryptocurrency adoption and development. The Binance leader provided a number of interesting insights during an exclusive “ask me […]
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CoinMarketCap last year rejected the web traffic metric that has catapulted new owners Binance into the top spot. Crypto markets data aggregator CoinMarketCap yesterday changed its methodology to rank exchanges on their web traffic by default — a metric that puts CoinMarketCap’s new owners Binance in the top spot. But this stands in stark contrast […]
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The United States Internal Revenue Service is reportedly soliciting outside contractors to assist with calculations of cryptocurrency users’ transactions. The United States Internal Revenue Service (IRS) is reportedly soliciting third-party contractors to assist with calculations of cryptocurrency users’ transactions. Crypto tax software firm CryptoTrader.Tax publicly shared details of a letter it claims to have received […]
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Analysis of the challenges and benefits of creating blockchain protocols capable of true interoperability. The recent release of a report from the World Economic Forum and Deloitte on blockchain interoperability revealed the true complications of inter-blockchain communication. Cross-chain has been one of the major discussion points in blockchain development circles over the last few […]
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Blockstream’s updated protocol for their satellite service makes it possible to download a full node without an internet connection. Blockstream has just upgraded their satellite network that carries the Bitcoin blockchain for the first time in almost two years. The data rate is now 25 times faster and users can sync an entire node without […]
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