Most mainstream media is reporting that virtual currency trading has been virtually outlawed in India as the country’s Supreme Court upheld a central bank directive. We’ve seen similar news that turned out to be fake in Korea and elsewhere, when regulations were tightened on such things as trading by minors. In India, the effect of […]
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The China-based venture capital firm, Node Capital is set to invest 200,000 Ethereum, currently worth $86 million, into blockchain startups. At present the company has invested in over 160 blockchain companies. According to founder, Du Jun, 80% of these firms are based in China. Despite the latest downturn in the market, VCs are still bullish […]
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Among the factors that made Bitcoin hard to adopt as a means of exchange, rather than simply a store of value, are that prior to Lightning Network, transactions were both very slow and very expensive. Newer generation cryptocurrencies have addressed these issues to varying degrees. Anything Crypto measured transaction speeds for coins when transferred to […]
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In January 2018, Facebook placed a ban on cryptocurrency and ICO advertising on its platform, when Bitcoin prices were more than double what they are today. There was speculation that this could be in preparation for a Litecoin integration with Facebook, or that a new “Facecoin” was on the horizon. In addition to the Facebook […]
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Amazon Web Services (AWS) is partnering with ConsenSys, a group of Ethereum developers and entrepreneurs on a mission to build infrastructure, applications and practices that enable a decentralized world. AWS is among the largest cloud computing service providers in the world. They have a vast array of plans for ecommerce hosting, database storage and other […]
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Vitalik Buterin announced that “Sharding is coming” in a tweet on Monday, April 30. Sharding is a method for increasing the transaction processing capacity, in this case for the Ethereum network. Sharding is coming.https://t.co/Aqo9MBiCj0 pic.twitter.com/FXEQeiKGDr — vitalik.eth (@VitalikButerin) April 30, 2018 The tweet served as a general announcement, but Buterin went into much greater depth […]
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Revolut reached a $1.7 billion valuation, according to Quartz after integrating cryptocurrency into its payment app, making it the top fintech firm in Europe that allows users to send bank payments with extremely low fees, surpassing TransferWise’s valuation of $1.6 billion. Revolut was valued at less than $1 billion in 2017, with a much smaller […]
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OKEx, a Hong Kong digital asset exchange has suspended all ERC20 token deposits on April 25 after the discovery of a BatchOverFlow bug with Ethereum smart contracts. According to OKEx, the bug enables hackers to “generate an extremely large amount of tokens, and deposit them into a normal address.” This vulnerability, by extension, would enable […]
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Gemini has announced a partnership with Nasdaq to monitor its platform. Under this agreement, SMARTS, Nasdaq’s surveillance technology, will be utilized to increase oversight over all cryptocurrency trading pairs on the exchange, including BTC/USD, ETH/USD and BTC/ETH. This Nasdaq technology will not only be used to monitor actual trading on the platform, but it will […]
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MyEtherWallet has reported that their DNS servers were hacked, according to a tweet. The hijack resulted in traffic being redirected to a phishing website, and MyEtherWallet has made it clear that this was not on their side, and that they verified which servers it did effect, and that it has been resolved. Couple of DNS […]
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