Craig Wright’s claim to thousands of Bitcoin addresses is shaken once again as 145 addresses with BTC from 2009 signed a message saying he is a fraud. A message signed by 145 wallets containing Bitcoin (BTC) mined in its first years calls Craig Wright a “liar and a fraud.” The message was published on May […]
Continue ReadingHow secure is blockchain technology? Experts weigh in on the complex differences between public and permissioned blockchains. Blockchain technology has become synonymous with privacy and security, but those very characteristics have been put to the test over the past decade. With historical roots embedded in cryptography, many blockchain and cryptocurrency projects purport to offer unbridled […]
Continue ReadingBitcoin is not yet a go-to investment option in the public eye, but those days could be coming. What needs to happen for Bitcoin (BTC) to cement its role in the public eye as a valid investment option? “Time,” Aleks Svetski, CEO and co-founder of Bitcoin investment platform Amber, told Cointelegraph in an email. “This is […]
Continue ReadingAs Telegram learned, regulators in the U.S. are a major barrier to new projects looking for funding anywhere in the world. The United States Securities and Exchange Commission’s vigor in pursuing initial coin offerings, or ICOs, has become a major boogeyman within the crypto community. Most recently, the case against Telegram ended with that company […]
Continue ReadingThe launch date of China’s long-awaited digital yuan remains a secret, creating space for potential fraud. With the official release date of digital yuan being kept in the dark, third-party actors have stepped in to impersonate the digital yuan officials, hoping to attract gullible investors. A recent press statement issued by a company called Yuan […]
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Blockchain firms Algorand and Attestiv are teaming up to fight insurance fraud using DLT. Distributed ledger technology (DLT) firm Algorand has partnered with blockchain-based tamper-proof media verification platform Attestiv to target fraud within the insurance industry. The firms will combine their tech to develop a single platform for verifying digital media for a multitude of […]
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Chinese authorities have busted a group of scammers allegedly claiming to be “Huobi officials”. Chinese authorities have dismantled a group of alleged scammers posing as Huobi exchange officials, who were operating an over-the-counter (OTC) website. As reported by local media outlet Jinse, on May 20 police arrested 12 suspects in Guangdong province believed to be […]
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Universal basic income models based on blockchain systems are being developed, but are they practical? Universal basic income, commonly referred to as UBI, dates back to the 16th century when Sir Thomas More depicted a society in which every person receives a guaranteed income in his famous book Utopia. While Utopia is a fictional work, […]
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Private blockchains that have been specifically designed for enterprise use could be highly desirable targets for hackers’ attacks. When blockchain technology was first brought to the public’s attention, it was lauded on many fronts as “unhackable.” While there are many benefits to blockchain worth noting already, we probably still haven’t seen what its ultimate potential […]
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The British-American entrepreneur admitted his privacy-oriented project Ghost borrowed from open-source anonymity coin PIVX, but apparently wants to sue it nonetheless. Eccentric cryptocurrency advocate John McAfee admitted his anonymity-oriented project Ghost “copy-pasted” parts of its whitepaper from the documentation for open-source privacy coin PIVX in a series of tweets today. He nonetheless appears to intend […]
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