Solving the blockchain scalability challenge requires coming up with new consensus mechanisms that support different nonfinancial use cases. Blockchains and the related field of decentralized technologies represent a massive opportunity for humanity — not to mention the fact they appeared with almost perfect timing. Our largest institutions have become so powerful that they can take […]
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There’s more money in the game for miners than ever before, as all-time revenue for Bitcoin mining tops $14 billion. All-time revenue for Bitcoin (BTC) miners has topped $14 billion, according to fresh data from Coin Metrics. As Yahoo! Finance reported on Aug. 30, despite the massive increase in the network’s hash rate — a […]
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Bitcoin’s technical health is increasing at odds with price, as hash rate and market cap continue growing exponentially. Bitcoin (BTC) price climbed back above $9,500 on Aug. 30 as the largest cryptocurrency continued to grapple with the fallout of this week’s sudden losses. Market visualization. Source: Coin360 Bitcoin traders brace for return to $8Ks Data […]
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Winnipeg Bitcoin ATMs targeted with “out of order” signs. Fraudsters in Winnipeg, Canada, have targeted Bitcoin ATM users in the city by simply sticking a poster on the machine. Police issued a warning on Aug. 29 that following the instructions on the poster will lead to an irretrievable loss of their Bitcoin. Low-tech hack attack […]
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DLT platform Hedera Hashgraph is preparing for a public beta test, during which developers could build DApps and try out the network’s smart contracts. Hedera Hashgraph, a distributed ledger technology (DLT) platform, announced that it will offer open access to its mainnet beta starting Sept. 16. According to Hedera Hashgraph’s official blog post published on […]
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Bitcoin price is hovering around $9,500, having seemingly stabilized around the price it fell to yesterday, while the rest of the crypto market is largely red. Thursday, Aug. 29 — Top cryptocurrencies Bitcoin (BTC) and Ether (ETH) are still in the red, though XRP has managed to see minor gains on the day. Market visualization. […]
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According to China Telecom, the current level of blockchain smartphones’ adoption is low, while device performance is poor. Major phone operator China Telecom has released a white paper on blockchain-powered smartphones in the 5G Era. China Telecom introduced the white paper at the China International Intelligent Industry Expo on Aug. 27, according to a report […]
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The suspect behind the massive Capital One data breach also allegedly hacked cloud customers’ servers to mine cryptocurrency for herself. The individual accused of perpetrating a massive-scale hack of credit card issuer Capital One also allegedly hacked cloud customers’ servers to mine cryptocurrency for herself. Court filings published on Aug. 28 reveal that Paige A. […]
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To build a business today is more possible than ever before — professor Reichental about innovation, technologies and blockchain education. Professor Jonathan Reichental is the incarnation of a tech man. One of the most competent opinion leaders in the innovation field of our times, he has managed to be successful as an advisor to business […]
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French police have located the server of a massive botnet, which had previously been utilized by hackers for XRM cryptojacking. French police have shut down a massive botnet that has been used for Monero (XMR) cryptojacking. Cryptojacking backed by “massive firepower” BBC News reported the development on Aug. 27. According to the police, the botnet […]
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