As the halving approaches, Bitcoin’s hash rate sees major volatility. So what does it mean, exactly? Bitcoin’s (BTC) mining hash rate is seeing major volatility ahead of the halving event, scheduled for May 12, as the mining sector is preparing for a major reshuffle. On May 3, the hash rate set a new all-time high, […]
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Bitcoin Suisse is looking for almost $50 million of funding from investors to pursue expansion plans, which include moving into the banking sector. Swiss crypto broker Bitcoin Suisse is seeking almost 50 million Swiss francs ($51.5 million) in funding to support its plans for expansion into the banking sector. According to a new report published […]
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Analysis of the challenges and benefits of creating blockchain protocols capable of true interoperability. The recent release of a report from the World Economic Forum and Deloitte on blockchain interoperability revealed the true complications of inter-blockchain communication. Cross-chain has been one of the major discussion points in blockchain development circles over the last few […]
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Major cryptocurrency exchange Binance has hired banking and fintech veteran Teana Baker-Taylor to lead its expansion in the United Kingdom and European market. Major cryptocurrency exchange Binance has hired banking and fintech veteran Teana Baker-Taylor to lead its expansion in the United Kingdom and European market. Baker-Taylor has over 20 years of experience in HSBC, […]
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Video conferencing app Zoom, the undisputed titan in an era of social distancing, has acquired end-to-end encryption start-up Keybase. Video conferencing app Zoom, the undisputed titan in an era of social distancing, has acquired end-to-end encryption start-up Keybase. The acquisition, announced May 7, follows multiple privacy and security-related scandals — including the rise of video […]
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An analysis of the advantages and disadvantages of the blockchain protocols that are the basis of the entire industry. Bitcoin (BTC) is the largest decentralized digital currency in the world, with an estimated market capitalization of around $169 billion. In the nearly 12 years since the publication of Satoshi Nakamoto’s famous white paper in 2008, […]
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The IDC has revised down its forecasts for EU enterprise spending on blockchain development in the next few years due to the COVID-19 pandemic. Analysts have revised down their forecasts for European enterprise spending on blockchain development in the next few years due to the economic aftershocks of the COVID-19 pandemic. In a report published […]
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A ransomware gang is threatening to release almost 1TB of private legal secrets from the world’s biggest music and movie stars. The private legal affairs of dozens of the world’s biggest music and movie stars — Lady Gaga, Elton John, Robert DeNiro, and Madonna among them — are at risk of exposure following a ransomware […]
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A crypto investor is suing a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone. Investor Michael Terpin is suing a New York teenager for $71.4 in damages for allegedly stealing $23.8 million in cryptocurrency from him in 2018. It’s the latest legal action in a long running saga. […]
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Hackers infected the largest private hospital in Europe with ransomware. Hackers infected the IT infrastructure of the largest private hospital in Europe with ransomware. Cybersecurity news outlet, KrebsonSecurity, reported on May 6 that hackers compromised the IT systems of Germany-based private hospital, Fresenius. An anonymous source reportedly informed the outlet that the hospital’s systems were […]
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