The Iota Foundation announced its partnership with startup cofoundery Nova to fund startups employing Iota technology. The Iota Foundation, the company behind the cryptocurrency Iota (MIOTA), announced its partnership with startup incubator Nova through a press release shared with Cointelegraph on Feb. 18. According to the release, the partnership aims to fund new startups employing […]
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A look into the Coinbase Wallet’s new feature. On Feb. 12, San Francisco-based cryptocurrency exchange Coinbase announced that users of its Coinbase Wallet can now back up their private keys on cloud storage, namely on Google Drive and iCloud. The move has received mixed reaction from crypto community and cybersecurity experts, some of whom seem […]
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A look into the QuadrigaCX case. For the second week, QuadrigaCX’s crisis remains one of the hottest topics in the crypto world. After the CEO of the Canadian exchange, 30-year-old Geral Cotten, suddenly died, the exchange has allegedly lost access to its cold wallets, where as much as 190 million Canadian dollars ($145 million) in […]
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Most of the top 20 cryptocurrencies are reporting slight to noteworthy gains, Bitcoin stays stable around $3,400. Thursday, Feb. 7 — most of the top 20 cryptocurrencies are reporting slight to noteworthy gains on the day by press time, with Bitcoin (BTC) hovering just over $3,400 again, according to Coin360 data. Market visualization from Coin360 At […]
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A Wired opinion piece has argued that trust is not eliminated, but rather displaced, in blockchain systems. An opinion piece published by American online magazine Wired on Feb. 6 has leveled criticisms at the promise of new blockchain-based architectures of trust. The article’s central argument is that trust is not eliminated, but rather displaced, in […]
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Matt Hougan expressed his idea that most cryptocurrencies will die, and the “sooner that happens, the better.” Matt Hougan, Global Head of Research at Bitwise Asset Management and president at ETF.com, expressed his idea that most cryptocurrencies will die in an interview with Bloomberg published on Feb. 5. During the interview, Hougan declared that he […]
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Canadian cryptocurrency exchange is in hot water. Canadian cryptocurrency exchange QuadrigaCX is in hot water: Following the sudden death of its 30-year-old founder, Gerald Cotten, the exchange has allegedly lost access to its cold wallets, where most of the funds were stored. Now, the exchange has taken to court to avoid the collapse, but some […]
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The announcement follows a tip-off about a potential attacker being able to shut down Parity client nodes. Ethereum blockchain infrastructure developer Parity Technologies experienced a security compromise that required nodes to perform an urgent update, the company stated in a blog post on Feb. 3. Parity, which is a popular technology stack for Ethereum users, […]
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Venezuela releases new rules on crypto assets, which include obligatory registration for all crypto exchanges and miners. Venezuela’s new crypto bill, which establishes а legal framework for the industry, officially came into force on Jan. 31. The decree was published in the government’s official media outlet, Gaceta Oficial. The set of rules for miners, crypto […]
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Blockchain technology is facing a serious scalability issue, and solving it might not be as easy as some think. In the history of blockchain to be written in textbooks, 2018 will probably be known as the year of failing at scaling. An outcry for scalable blockchain systems in 2017 led to a number of companies […]
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