A successful 51 percent attack on the Ethereum Classic blockchain has raised some big questions around smaller cryptocurrencies using proof-of-work algorithms. Just two weeks into the new year and the cryptocurrency community is grappling with the reality of an alleged “51 percent attack” on the Ethereum Classic (ETC) blockchain. While there is still no clear […]
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Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack did in fact occur on the Ethereum Classic blockchain. Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack successfully occurred on the Ethereum Classic (ETC) blockchain. The company published an analysis of their findings Jan. 8. […]
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Blockchain will boost the health industry by integrating patient data and widening medical research. People are living longer in the 21st Century, but what’s less recognized is that, despite our increasing longevity, we’re also getting sicker. According to research, the number of people over 65 afflicted with at least four medical conditions is on course […]
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Scams and frauds were still prevalent in 2018 despite a decline in the cryptocurrency market value. 2018 will long be remembered as the start of a significant cryptocurrency bear market, but the declining market still provided opportunities for scam artists to snag unwary investors. Given that 2017 was a breakout year for Bitcoin (BTC) and […]
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Payment network RippleNet has surpassed 200 customers, with financial institutions in 40 countries. Crypto and blockchain company Ripple has reported today, Jan. 8, that 13 new financial institutions have signed up for the RippleNet payment network, bringing the total number of customers over 200. The new institutions range from locations including Sweden, England and Kuwait, […]
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A new report from the BIS has found that 70 percent of central banks are conducting research into central bank digital currencies. A new report published on Jan. 8 by the Bank for International Settlements (BIS) has found that seventy percent of central banks worldwide are conducting research into central bank digital currency (CBDC) issuance. […]
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The Ethereum Foundation has announced a $5 million grant to U.K.-based company Parity Technologies for scalability, usability and security work. The Ethereum Foundation has announced a $5 million grant to United Kingdom-based company Parity Technologies, according to a post on the official Ethereum (ETH) blog published Jan. 7. According to the post, the grant is […]
Continue ReadingBlockchain is facing some obstacles to acceptance at local government level in Nevada despite proactive policy. Blockchain technology has already found its way into local government services in the United States, but Nevada particularly is proactive, the AP reported on Jan. 7. Citing specifically the use of blockchain to issue digital marriage certificates, the publication […]
Continue ReadingCrypto hardware company Ledger has exhibited its new Bluetooth-enabled wallet in Las Vegas. Cryptocurrency hardware wallet firm Ledger has unveiled a new Bluetooth-based wallet today, Jan. 7, according to a press release shared with Cointelegraph. The wallet, called the Ledger Nano X, was shown at the CES 2019 conference in Las Vegas. At the same […]
Continue ReadingA Michigan-based tech hub was reportedly raided by U.S. law enforcement, allegedly investigating unauthorized crypto trading. United States federal agencies reportedly raided the office of a Michigan-based science and tech center last month during a crypto-related investigation, local news outlet Wood-TV reported Jan. 5. As Wood-TV reported, Chris Boden, the founder of The Geek Group, […]
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