How 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 ReadingTornado.cash has launched complete immutability for its smart contracts, despite the potential security risks. Fledgling Ethereum anonymization protocol Tornado.cash has launched completely immutable smart contracts — rendering the protocol “unstoppable” from May 21. While the project has extolled the virtues of immutability and declared that “code is law,” many within the Ethereum (ETH) community are […]
Continue ReadingThe crypto space gained another mainstream performer recently as Coldplay’s bass player has funded a Bitcoin app. Scottish Coldplay bass artist, Guy Berryman, has joined the crypto space, funding a Bitcoin (BTC) exchange application called Zumo. “Covid-19 has fast forwarded the move to a cashless society and for safe and easy ways to invest in […]
Continue ReadingA study into the traceability of top privacy coins reveals over 99% of Zcash users fail to utilize the protocol’s privacy features. Researchers from Carnegie Mellon University have released a study into the privacy features of Monero (XMR) and Zcash (ZEC) — arguably the two most-popular crypto assets purporting to offer users anonymity. The report […]
Continue ReadingThe centralized financial system has compromised itself several times during the last two decades alone, and now it’s time for a serious change! Did you notice the song that Christian Bale’s character was jamming out to in his office when his partner came in to pull the money in The Big Short? Well, it happens […]
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 ReadingBugs, management issues and competitors: What challenges is Ethereum facing before its anticipated proof-of-stake upgrade? The launch of Ethereum (ETH) 2.0 may be delayed yet again after developers rescheduled the network’s proof-of-stake algorithm upgrade for June 2020, as reported by Cointelegraph on May 15. Taking into account all of the factors surrounding the highly anticipated […]
Continue ReadingA UK-based cybersecurity firm unveiled new details of Ragnar Locker ransomware attack that uses a VirtualBox app. A new study warns of a new ransomware attack method that runs a virtual machine on target computers in order to infect them with the ransomware. This may play the attack beyond the reach of the computer’s local […]
Continue ReadingThe Baseline Protocol has completed a proof-of-concept showing how multiple stakeholders can securely execute purchase orders without exposing sensitive data. The Baseline Protocol has successfully executed a proof-of-concept in which multiple companies privately and securely synchronized data and managed purchase orders on top of the Ethereum (ETH) mainnet. The concept demonstrates how enterprises can use […]
Continue ReadingBitcoin survived last week’s halving, but it’s only a matter of time before BTC miners flee, say “death spiralists.” Are they right? Bitcoin (BTC) halvings are a little spooky, sort of like the witching hour, and one of the prophecies being murmured about last week was something about a Bitcoin network death spiral. This idea, […]
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