‘Crypto’ for ‘Cryptography’: How Justified Is the Exuberance Around Apple’s Developer CryptoKit?

As Apple unveils its new cryptographic framework, experts weigh in on its relevance to the cryptocurrency industry. Yannick Sierra, security engineering and architecture manager for Apple, opened up the cryptography session at the 2019 Apple Worldwide Developers Conference and presented the CryptoKit with these words: Welcome to the bitcoin session! (Laughter in the room). Kidding […]

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Medici Ventures Leads Funding Round for Blockchain-Based E-Voting Platform

Medici Ventures leads $7 million funding round for a blockchain-based platform that supports remote voting. Medici Ventures, the blockchain-based subsidiary of Overstock.com, has led a $7 million funding round for a blockchain-based voting platform, according to a press release on June 6. The blockchain-based voting platform, Voatz, is reportedly designed to allow citizens to participate […]

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Komodo Hacks Itself and Saves Crypto Worth $13M After Learning of Security Vulnerability

Funds worth an estimated $13 million were successfully shielded from attackers after Komodo reacted to a security vulnerability. Crypto wallet provider Komodo effectively hacked itself to prevent fraudsters from accessing its users’ funds, the company confirmed in a blog post on June 5. Security researchers had alerted the company to a vulnerability in its Agama wallet. Realizing […]

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LocalBitcoin Loses Traders After Cash Trading Ban: ‘Not Very Local’

Peer-to-peer bitcoin trading platform LocalBitcoins removes in-person cash deals — what does that mean for the future of cash trades? On June 1, Finnish peer-to-peer (p2p) bitcoin (BTC) trading platform LocalBitcoins quietly removed in-person cash trading from its service. Three days later, the company publicly confirmed the ban on Twitter. As per the accompanying statement, […]

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