Category Archives: Technologies

Ethereum’s Reddit Moderators Resign Amid Controversy

Taylor Monahan, the CEO of crypto wallet startup MyCrypto, has been moderator for the ethereum subreddit channel since 2016. That year, the ethereum Reddit channel was just breaking over the 10,000 subscribers mark, according to SubRedditStats. Today, the same channel boasts over 400,000 subscribers and is ranked within the top 600 most popular channels on Reddit. … Continue reading Ethereum’s Reddit Moderators Resign Amid Controversy

Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients

Nordic private banking institution Nordea is expanding its offering of the blockchain-based trading platform we.trade to its small and middle-sized business customers (SMEs),  according to a press release on May 9. The platform will purportedly help address trust deficits extant in current cross-border trades made by SMEs. Patrik Zekkar, Global Head of Trade Finance and Working Capital … Continue reading Nordic Banking Giant Nordea Opens Blockchain Trading Platform to More Clients

JPMorgan Quietly Reboots the Blockchain Behind Its JPM Coin Cryptocurrency

The Takeaway JPMorgan’s technology teams spread across three continents have been busy updating the bank’s Quorum blockchain platform over the past six months, replacing key parts of its privacy-enhancing components. Like JPMorgan’s recently announced partnership with Microsoft Azure, the updates were meant to make Quorum usable by a larger universe of firms. According to JPMorgan … Continue reading JPMorgan Quietly Reboots the Blockchain Behind Its JPM Coin Cryptocurrency

Bullish: Crypto Community In Shock Over Recent Bitcoin Price Resilience

Since the start of April, Bitcoin has been on a massively bullish rally, leaving bearish traders and the altcoin market in its dust. The rally began with a break of resistance at $4,200 that caused the price of the leading crypto by market cap spike $1,000 over an hour. According to research, the entire move was orchestrated … Continue reading Bullish: Crypto Community In Shock Over Recent Bitcoin Price Resilience

Facebook Revises Policy on Blockchain Ads, Crypto-Related Materials

Ads pertaining to blockchain tech, industry news, as well as events and educational materials for cryptocurrencies can now be displayed on Facebook without prior approval. The social media giant announced the development on Facebook Business on May 8. This marks a change from last year, when Facebook implemented a policy that required crypto and blockchain promoters to get prior consent before they could run advertisements. The press … Continue reading Facebook Revises Policy on Blockchain Ads, Crypto-Related Materials

Hackers Are Shuffling Binance’s Stolen Bitcoin

A team at blockchain services company Coinfirm has been watching the erratic movements of the bitcoin associated with $40 million stolen in the latest Binance breach. At 4:11 AM on May 8 the hacker or hackers moved 1214 BTC ($7.16 million) to new addresses and then moved another 1337 “to 2 new addresses held by the hacker.” This … Continue reading Hackers Are Shuffling Binance’s Stolen Bitcoin

Binance Considered Pushing for Bitcoin ‘Rollback’ Following $40 Million Hack

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 to Track Coffee Using Microsoft’s Blockchain Service

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 Developer Publishes Two Proposals for a Taproot Soft Fork

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

How Security Tokens Can Prevent an Impending Financial Crisis

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