In the wake of a multimillion-dollar hack Tuesday, Changpeng Zhao, the CEO of cryptocurrency exchange startup Binance publicly discussed whether the company might seek to encourage bitcoin miners and node operators to “rollback” the bitcoin blockchain, reversing transactions confirmed by the network to return the funds. The comments were made as Zhao hosted an Ask-Me-Anything session at … Continue reading Binance Considered Pushing for Bitcoin ‘Rollback’ Following $40 Million Hack
Starbucks is moving to give consumers more information on its coffee products using a blockchain system that will track beans from “farm to cup.” For the effort, the coffee chain is working with Microsoft to harness its Azure Blockchain Service in tracking coffee shipments from across the world, bringing “digital, real-time traceability” to its supply chains, … Continue reading Starbucks to Track Coffee Using Microsoft’s Blockchain Service
Bitcoin (BTC) developer Pieter Wuille has unveiled two proposals on GitHub for a Taproot soft forkin a message to the bitcoin-dev mailing list on May 6. Taproot is a solution that aims to combine the advantages of Merkelized Abstract Syntax Tree (MAST) and the Schnorr signature scheme in order to reveal less information after a bitcoin transaction takes place. MAST allows for the alternative possibilities … Continue reading Bitcoin Developer Publishes Two Proposals for a Taproot Soft Fork
Many economists argue that the root causes of the 2008 global financial crisis have yet to be addressed comprehensively, or that measures taken have been exhausted, such as the extent to which quantitative easing was used, which has been put forward by the deputy director of the International Monetary Fund (IMF). Some argue that the efforts to … Continue reading How Security Tokens Can Prevent an Impending Financial Crisis
Litecoin (LTC) up 6.1 percent Charlie Lee thought LTC would rally to $1,000 In a podcast, Charlie Lee now reveals that he thought Litecoin (LTC) would surge above $1000. All the same, by profitably exiting at the height of the Great Bull Run of late 2017, he reaped huge despite all the criticism from the … Continue reading Will Litecoin (LTC) Rally to $1,000 After August 2019 Halving?
While the upward price pressure has slowed, resulting in Bitcoin (BTC) posting a mere 0.15% gain in the past 24 hours, some are sure that the cryptocurrency’s chart structure remains bullish. Murad Mahmudov, a founding partner at up-and-coming crypto fund Adaptive Capital, recently broke down his reasoning as to why BTC holding above the $5,500 region could … Continue reading Analyst: If Bitcoin Holds Above The $5,500 Region, A ‘Megamoonsoon’ May Soon Grace Crypto
Neo 3.0 is going to be launched as a new blockchain network and users will need to swap their existing tokens for new ones, according to an official announcement shared with Cointelegraph on April 29. The Chinese platform’s co-founder and core developer Erik Zhang has said the new chain, which is coming from a new genesis block, is … Continue reading Neo 3.0 to Launch on New Blockchain Network, Users Will Need to Swap Tokens
Ethereum (ETH) core developer Hudson Jameson announced that a third-party audit of the Application Specific Integrated Circuit (ASIC)-resistant proof-of-work algorithm ProgPoW has been funded. The dev made the announcement during the latest bi-weekly Ethereum core developer meeting held on April 26. During the call, it was specified that the targeted funding amount of 50,000 units of decentralized, Ethereum-based USD-pegged stablecoin DAI had been reached. … Continue reading Ethereum Core Devs: Funding for ProgPoW 3rd-Party Audit Approved
Bitcoin price declined sharply after it broke the key $5,400 and $5,380 supports against the US Dollar. The price even broke the $5,000 support level and tested the $4,900 support area. There was a break below a major bullish trend line with support at $5,410 on the hourly chart of the BTC/USD pair (data feed … Continue reading Bitcoin (BTC) Price Tumbles: Is This Trend Change or Correction?
For some reason or another, many pundits, both in and out of the crypto ecosystem, have likened Bitcoin’s parabolic rally in 2017 to the Dotcom Boom and Bust at the turn of the millennia. Sure, there are similarities, like the fact that both industries were revolutionary, were initially misunderstood and hated, and were rife with … Continue reading Crypto Adoption is Like Internet in 1990s With 50M+ Users, Massive Potential Left