Vitalik Buterin Suggested Raising Staking Reward on Ethereum The founder of Ethereum proposed on Github to raise the reward for staking on Ethereum. Staking is a part of the Proof-of-Stake (PoS) concept. An alternative to the standard transaction validation process Proof-of-Work. In PoS the so-called stakers receive a reward for depositing Ethereum, the stake. A […]
First Blockchain Notary in China The blockchain notary CITIC has opened its business in Peking last Friday. CITIC is the first notary office in China that relies on the blockchain to conduct notarial acts. There are many advantages over notarial acts on paper or in digital form. The blockchain is more accessible, cheaper and stable. […]
The executive chairman of the Blockchain Research Institute, David Tapscott, has found out that the national fiat currency of China-Renminbi, could soon become a Cryptocurrency. He reveals the closely-guarded after meeting with the vice president of China who is positive that Cryptocurrency technology has a vital role to play in securing China’s future. This is […]
Bitcoin Has Been Swedens National Currency for 30 Minutes Socialdemokraterna – the Swedish Social Democrats and currently the ruling party of Sweden have tweeted this week that they have abolished the Swedish Crown. In favor of Bitcoin. According to the tweet, it is now the time to buy. However, the account managers deleted the tweet […]
Report: Terrorists Do Not Rely On Cryptocurrencies (Yet) A report by the Rand Corporation on the “Terrorist Use of Cryptocurrencies” suggests that crypto does not play a major role in terrorism yet. The Rand Corporation is a think tank that counsels the military. The report shows that cryptocurrencies”are not well matched with the totality of […]
Redditor Identifies 5 Cold Wallet Addresses of QuadrigaCX – Proof of Misappropriation? A redditor called u/dekoze has supposedly identified some of the cold wallets that belong to the exchange QuadrigaCX. The user could confirm that all 5 of the addresses indicated received BTC funds from the address “3N8auHdN9rtmHDHqNnXK4eWhfukBAQcve1”. The address that Jennifer Robertson, the wife of […]
Dutch Central Bank Devises Plan to Licence Crypto Exchanges The Dutch Central Bank (DNB) has devised a new approach to cryptocurrencies. According to DNB, cryptocurrencies are means that bear a high-financial crime risk. Therefore, the government should give exchanges official licences if they meet the required regulations. The strict application of AML/CFT regulations is seen […]
A survey by UHY Hacker Young reveals that Chinese firms filed the most patents for Blockchain and AI with the World Intellectual Property Organization (WIPO). The data is for the year 2017 but nonetheless, still illustrates the prevalence of Blockchain and AI in certain countries before and after 2017. It is important to consider that China’s […]
By Nominal GDP, the USA is the largest economy in the world as at Q1 2019 with $19.39 trillion. China comes at a distant second with $12.01 trillion. Japan, Germany, and the UK follow with $4.87 trillion, $3.68, and $2.62 trillion respectively according to data from the World Bank. Data from the Standard Chartered Plc., […]
Hacker Group TheDarkOverlord Retrieved 9/11 Documents The Hackergroup, TheDarkOverLord, has threatened to release secret documents on 9/11 if not paid a ransom. The documents are from the insurance company Hiscox Group. The management of which has already confirmed that hackers gained access to the servers of a law firm that advised Hiscox. The partner company […]
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