Decentralized technologies can help to avoid jeopardizing citizens’ private data in the name of public health during the global pandemics. In an effort to keep citizens safe, state authorities have rapidly implemented various emergency plans to curb the spread of COVID-19. In South Korea, the movements of infected citizens are being broadcasted via public text […]
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Almost one-third of the entire Bitcoin supply is secured with a feature that gained adoption after the Mt. Gox heist. Almost six million Bitcoins (BTC) are stored in multi-signature wallets — nearly one-third of the total supply. Prevents ‘Exit scams’ Bitcoin is generally secured with a combination of a public and private key. In order […]
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Two exchanges saw unauthorized access issues, Japan ranked second in 24-hour Bitcoin trading volume for May globally, and more headlined news from Japan this past week. This week’s headlines from Japan included Coincheck updating the public on a recent data leak, a blockchain tech outfit unveiling plans for a digital local currency, BitBank facing a […]
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The DeFi sector can embrace a positive future by following comprehensive security audits and by ensuring best practice in due diligence and quality assurance. Decentralized finance, commonly referred to as DeFi, has grabbed the attention of mainstream financial and technology audiences alike. While the sector has been applauded for bringing about innovative digital finance solutions […]
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Moscow citizens will be able to vote on Vladimir Putin’s Constitutional amendments via a blockchain-powered system. Russia’s upcoming e-voting on the Constitutional amendments will be implemented using blockchain technology. Moscow citizens will be able to cast their votes on Vladimir Putin’s Constitutional amendments online via blockchain-powered e-voting. As announced on the Moscow government’s official website, […]
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Does the blockchain space make excuses for its problems? As part of a blog post detailing a different approach to blockchain transaction scaling, Waves Smart Contracts head of development, Ilya Smagin, noted the blockchain space often makes excuses for its shortcomings. “One of the things blockchain people are good at is explaining why user restrictions […]
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Using dollar-cost averaging delivers tidy gains for Bitcoin investors, and it doesn’t matter when you start, PlanB says. Bitcoin (BTC) dollar-cost averaging for even a single year is an opportunity investors “cannot ignore,” one of the industry’s best-known price analysts thinks. In a Twitter debate on June 3, PlanB, creator of the popular stock-to-flow Bitcoin […]
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Hackers stole over 5,000 email addresses from Coinsquare’s database and aim to use it for SIM swapping. Hackers stole almost 50,000 email addresses from Canada-based cryptocurrency exchange, Coinsquare. Now, they’re hoping to use the data to perform SIM swapping attacks. One of the alleged hackers involved in the attack spoke to VICE Motherboard on June […]
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Coincheck suffered a data breach that may have leaked users’ emails and personal information, including date of birth and phone number. Major Japanese cryptocurrency exchange Coincheck has suffered a data breach involving unauthorized access to the platform’s domain registration service. Coincheck is one of the world’s oldest crypto exchanges. They suffered a $500 million hack […]
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Ethereum Classic performed its scheduled upgrade to bring Ethereum’s Istanbul features to the classic chain, making the two protocols fully compatible with each other. Ethereum Classic, the twin sibling of the Ethereum network, performed its scheduled Phoenix hard fork on May 31, which included features from Ethereum’s earlier Istanbul fork. The upgrade means that the […]
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