Crypto mining’s future will become more tech oriented, says CEO of RRMine global. RRMine Global CEO, Steve Tsou, said at a Cointelegraph China Great Bay Area International Blockchain Week pre-event interview on July 29 that the future of crypto mining will transit from labor-intensive companies to technology-intensive and capital-intensive companies. It will be all about […]
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A spate of global ransomware attacks has delayed Australian television ratings, compromised eight universities, and shut down a smart-wearables firm. Leading market research and data analytics firm Nielsen has been unable to provide overnight ratings this week for Australian TV viewers as a result of a ransomware attack. The TV ratings were not available on […]
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Mexican media report on a new study that reveals a lack of trust from locals towards public cloud network security as cryptojacking cases rise. Mexican users of public cloud networks report a surge in cryptojacking and ransomeware attacks in recent months. According to El Economista, almost three quarters of Mexican companies that use cloud networks […]
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China’s central bank adds a new city to its fintech innovation supervision pilot. The People’s Bank of China has officially added Chengdu, the capital of China’s Sichuan province, to the list of regions carrying out fintech innovation supervision pilots, according to local news on July 20. Industry insiders believe that Chengdu’s official approval will further […]
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Chinese economist says signs have shown 2020 is an important year for integrating blockchain within all industries. The Tencent blockchain accelerator entry contest was held recently in Shenzhen China. Its theme concerned “blockchain industry and ecological co construction”. According to the local news on July 2, Professor Zhu Jiaming, former economist of United Nations Industrial […]
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AMD and ConsenSys’ W3bcloud joint venture obtained $20 million through the sale of convertible notes. The joint blockchain cloud computing venture of computing giant AMD and Ethereum-focused development firm ConsenSys has received $20.5 million in funding. According to a June 25 announcement, AMD and ConsenSys’ W3bcloud joint venture obtained the funds through the sale of […]
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China is not playing catch-up, but rather exploring aggressively pragmatic ways to deploy a digital infrastructure for the whole economy with the blockchain tech implementation. There is an old saying in China: “Building the road is the first step to becoming rich.” Asian countries use infrastructure to boost the economy, and China is probably the […]
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A Bitcoin developer managed to crack a BTC wallet as part of a contest launched through Twitter. Bitcoin and Lightning Network project developer, John Cantrell, explained how he was able to successfully hack a BTC address by checking around a trillion seed combinations over the course of 30 hours. The feat was accomplished as part […]
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Tencent has reportedly expanded its dominance in blockchain patents after filing for DLT-based fund management, advertising and media storage solutions. Tencent has been expanding its research into blockchain, with the firm registering a series of patents detailing distributed ledger technology (DLT)-based solutions for fund management, and advertising. Chinese media outlet Egsea reported the patents on […]
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The potential benefits of smart contracts go well beyond what their name suggests, the co-founder and CEO of Blockstack argues. The potential benefits and applications of smart contracts go well beyond what their name suggests, the co-founder and CEO of blockchain software firm Blockstack has argued. In an interview with Cointelegraph on June 12, Dr. […]
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