IBM Files Patent for a Blockchain-Based Web Browser
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IBM Files Patent for a Blockchain-Based Web Browser
A new patent application from IBM describes a blockchain-based web browser. Filed on August 6 by the United States Patent and Trademark Office, IBM’s patent is for a web browser backed by a peer-to-peer network. As the company states, a blockchain-based browser…
Bitcoin Bulls Have “Nothing to Worry About” Despite Overnight Pullback
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Bitcoin Bulls Have “Nothing to Worry About” Despite Overnight Pullback
After consolidating in the upper-$11,000 period for an extended period of time, Bitcoin (BTC) incurred a sudden influx of selling pressure that sent the crypto reeling down to lows of roughly $11,300, at which point it found some support. Analysts are now…
SEC Commissioner Reveals Hurdles to Regulatory Clarity in the US
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SEC Commissioner Reveals Hurdles to Regulatory Clarity in the US
Hester Peirce, Commissioner of the U.S. Securities and Exchange Commission, says the agency is working hard to make the US a more enticing place for blockchain developers, She noted "One thing that I think a lot of people in this community don’t realize is…
Report: Bitcoin Becomes the World’s Eleventh Largest Monetary System
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Report: Bitcoin Becomes the World’s Eleventh Largest Monetary System
Bitcoin is now the eleventh largest money supply in the world, as pointed out by Twitter user Rhythm Trader. He said "Bitcoin obtained this with only a nine-page paper created anonymously fueled by a grassroots movement." He added "Millions of people have…
Binance Hacker Still Laundering Stolen Funds through Mixers
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Binance Hacker Still Laundering Stolen Funds through Mixers
According to cryptocurrency capital flow research team Clain.io, the hacker responsible for the May security breach in Binance exchange is continuing to render his spoils untraceable with the usage of mixing services which are used to mix crypto funds with…
IOTA Announces $5 Million in Grants for Coordicide-Related Research
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IOTA Announces $5 Million in Grants for Coordicide-Related Research
IOTA announced a $5 million grant program to contribute to “Coordicide”-related research, the elimination of the project’s centralized coordinating node. IOTA is a cryptocurrency that aims to facilitate IoT transactions by creating a fee-less, highly scalable…
China's central bank digital currency is "ready" after 5 years of development
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China's central bank digital currency is "ready" after 5 years of development
A senior official at China's central bank announced at the China Finance 40 Group meeting today that the country will soon roll out its central bank digital currency (CBDC). Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s…
US DOE Dedicates $1.05 Mil to Blockchain Energy Management Platform
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US DOE Dedicates $1.05 Mil to Blockchain Energy Management Platform
The United States Department of Energy (DOE) has awarded a grant worth $1.05 million to organizations working to commercialize a blockchain-based energy transaction platform. The news comes from energy company ComEd, one of the grant’s four reported recipient…
Utah Blockchain-Based Primary Election Voting Pilot to Roll Out Next Week
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Utah Blockchain-Based Primary Election Voting Pilot to Roll Out Next Week
The state of Utah will be utilizing a blockchain-based voting app in a pilot program beginning this month. The trial will allow overseas voters, including active-duty military personnel and holidaymakers, to register their votes for the upcoming municipal…
TRON's Sun Network V1.0 Code Is Released to Ensure Higher Scalability
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TRON's Sun Network V1.0 Code Is Released to Ensure Higher Scalability
Justin Sun, has announced the release of first version of Sun Network’s code, Sun Network is a scaling solution made in order to increase the capacity of the TRON MainNet, with integrating a sequence of scaling projects such as for example, DAppChain, a smart…
Monero Mining Malware Smominru Modified to Steal Sensitive User Data
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Monero Mining Malware Smominru Modified to Steal Sensitive User Data
A malware program called Smominru has been mining privacy oriented cryptocurrency Monero (XMR) on half a million infected computers. The malicious mining script has also been stealing sensitive user data. Carbon Black, an online security firm, revealed in…
“No One is Interested in Working on Litecoin” Says Charlie Lee
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“No One is Interested in Working on Litecoin” Says Charlie Lee
“The honest truth is that no one is interested in working on Litecoin protocol development work,” Charlie Lee, Litecoin’s founder, told Franklyn Richards, a director at the Litecoin Foundation. Lee basically said there’s no one to do it. “It has only been…
Charlie Lee refutes that Litecoin is “being abandoned,” active development continues
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Charlie Lee refutes that Litecoin is “being abandoned,” active development continues
Charlie Lee asserted Litecoin development is alive and well. Meanwhile, reports based on the project's GitHub numbers suggest it is “being abandoned.” Include Lee, the team has six developers who consistently work on the project’s codebase. Litecoin’s code…
Derivatives Drama: The Unintended Consequences of Crypto Regulation
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Derivatives Drama: The Unintended Consequences of Crypto Regulation
The LedgerX confusion highlights potential CFTC priorities regarding crypto derivatives that could lead to the two very important lessons. The obvious conclusion is that one needs to tread very carefully when it comes to claiming regulatory approval. Other…
Bitcoin Trades Sideways as Major Altcoins Enjoy Sizeable Gains
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Bitcoin Trades Sideways as Major Altcoins Enjoy Sizeable Gains
Bitcoin prices are staying largely flat, but many major altcoins have enjoyed healthy gains over the past 24 hours. Bitcoin’s price was down a fraction at press time, losing 0.17% to trade at $11,368, according to Coin360. Ether (ETH) enjoyed a more substantial…
Elon Musk Supports Pro-Bitcoin U.S. Presidential Candidate Andrew Yang
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Elon Musk Supports Pro-Bitcoin U.S. Presidential Candidate Andrew Yang
Visionaries can create the future and value for the world. Now two visionaries are joining forces. In effect, Tesla Inc. CEO Elon Musk announced his support for Bitcoin-friendly Andrew Yang’s run for U.S. president in 2020. Yang is a Democratic candidate…
PundiX to add Binance chain wallet in their XWallet system upgrade
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PundiX to add Binance chain wallet in their XWallet system upgrade
PundiX labs, the firm behind mobile crypto wallet XWallet tweeted a system upgrade. The XWallet system upgrade is scheduled for Aug 12th and would go on for four hours between 10:30 to 14:30 GMT+8. The users were recommended to avoid any kind of transaction…
Number of publishers on Brave increased 1,200% since mid-2018
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Number of publishers on Brave increased 1,200% since mid-2018
Brave browser has seen a 1,200 percent increase in verified publishers using its Brave Rewards program since July last year. Data shows that adoption of the Brave browser, which includes native cryptocurrency support, is on the rise. Based on data from Batgrowth…
Abu Dhabi Sovereign Wealth Fund Invests in Cryptocurrency Exchange
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Abu Dhabi Sovereign Wealth Fund Invests in Cryptocurrency Exchange
The world’s thirteenth largest sovereign wealth fund, Abu Dhabi-based Mubadala Investment Capital, has made an investment in cryptocurrency exchange MidChains, Digital currency trading platform set to launch in late 2019 in Abu Dhabi. The exchange will be…