Reddit continues to provide more details about its blockchain community points system, which will run on the Rinkeby testnet before moving to the Ethereum network. The popular social blogging platform Reddit has confirmed that its tokenized rewards will migrate onto the Ethereum blockchain later this year. On May 13, Reddit officially revealed its Community Points […]
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Check out this week’s Bad Crypto News. Only a few more days to go now before the halving! Less than a week and all those miners will be taking a giant pay cut. And it comes after a great week for Bitcoin. The price has risen by more than 6 percent over the last seven […]
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The XRP ledger network now has the ability to delete wallets, thanks to a community vote. XRP users can now delete their wallets on the XRP network if they so desire — an update put in place after the community majority voted in favor of the change. “After maintaining an 80% consensus during the mandatory […]
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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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New legislation in California may help establish definitions of digital assets as securities, though nationwide impact is uncertain. Per new updates to a bill to amend California’s securities law introduced in the state’s legislative body on May 5, the largest economy in the United States and the world’s tech hub may be providing new clarity […]
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Zcoin has published new block reward allocations that will be implemented after the project’s September halving, introducing the Zcoin Reserve Fund. Privacy coin Zcoin (XZC) has revealed the new block reward distribution that the project will introduce after its September halving after more than one year of community discussion. The new redistribution will see 15% […]
Continue ReadingCongressman Stephen Lynch of Massachusetts introduced a bill on April 23 to establish a blockchain network capable of monitoring the SNS. U.S. Congressman Stephen Lynch of Massachusetts has introduced a bill to establish a blockchain network capable of overseeing the distribution of personal protection equipment, ventilators and other necessary medical equipment during the current pandemic. […]
Continue ReadingOverstock’s blockchain arm tZERO aims to launch a broker dealer service in the United States by the second quarter of 2020. Overstock’s blockchain arm tZERO aims to launch its broker dealer service in the United States by Q2 2020. According to an April 30 Forbes article, tZERO Chief Executive Officer (CEO) Saum Noursalehi said he […]
Continue ReadingThe United States Congress is contemplating developing a blockchain-based system to allow remote Senate voting. A staff memo has revealed that the U.S. Congress is considering blockchain technology as a means for the Senate to conduct remote voting amid the coronavirus pandemic. The report states that blockchain may be deployed alongside end-to-end encrypted, or E2EE, […]
Continue ReadingFacebook’s Calibra team introduces a new protocol for distributed auditing of assets that could have saved Mt. Gox. In a recent presentation at the 3rd ZKProof Workshop, the Calibra research team presented Distributed Auditing Proofs of Liabilities, or DAPOL, protocol designed to make improvements to the existing distributed audit procedures. The team led by Konstantinos […]
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