Hacking, like many other things, is double-sided. What most people are aware of is the group of ‘black and grey hat’ hackers who use their skills to make a profit for themselves and have other people suffer in the process. However, there is another subset known as white-hat hackers. These people, unlike their criminal counterparts,… Continue reading Incentivized Cybersecurity Network Hats Finance Will Now Incentive Rare And Exclusive NFTs for Their Participants
Category: Blockchain
Blockchain News brings you the most up to date coverage on blockchain, bitcoin, cryptocurrency and financial technology. In addition, we provide cutting edge research on New Money theory and educate the public
Why Some Consumers Want To “Get Unbanked”
Imagine our world today. You can buy the things you need without having to dress up and go out. You don’t need to carry huge amounts of cash, even if you are likely to spend a lot on certain days. Sometimes, you don’t even need to bring your wallet. You can now pay for purchases… Continue reading Why Some Consumers Want To “Get Unbanked”
First NFTs to Be Minted on Bitcoin’s Sidechain are for Sale on Watafan’s Marketplace
RSK, the world’s first Bitcoin sidechain compatible with Ethereum smart contracts, is set to revolutionize the world of crypto collectibles starting with its Satoshi Nakamoto Genesis 21 exclusive NFTs. RSK Genesis 21 It’s no news that crypto-collectibles, popularly known as non-fungible tokens (NFTs) have grown to become the hottest properties in the blockchain technology ecosystem.… Continue reading First NFTs to Be Minted on Bitcoin’s Sidechain are for Sale on Watafan’s Marketplace
Bain Capital Ventures (BCV) Launches New Crypto Fund
Bain Capital Ventures has launched a cryptocurrency investment fund called BCV Crypto Fund I, L.P. according to a filing with the Securities and Exchange Commission (SEC) on September 8, 2021. Bain Unveils Crypto Fund Bain Capital Ventures, the VC firm of BainCapital, one of the largest multi-asset alternative investment companies in the world, has secured… Continue reading Bain Capital Ventures (BCV) Launches New Crypto Fund
The NFT Craze: 18% of Americans Have Personally Invested in NFTs
With NFT sales surging to a new high this year, the hype over this latest digital phenomenon seems nowhere near declining, with even consumer brands like Coca-Cola, Gucci, Nike and Taco Bell getting into the fray. Piplsay, a global consumer research platform, polled 30,870 Americans and 9,170 Britons to understand their interest and opinions. Here… Continue reading The NFT Craze: 18% of Americans Have Personally Invested in NFTs
KuCoin Labs Q2 2020 Report Gives Insights Into the Role of DeFi, NFTs, DEX in Fostering Crypto Adoption
KuCoin crypto exchange’s investment and research offshoot KuCoin Labs today released its 2021-Q2 Crypto Industry Quarterly Report with a number of interesting insights. DeFi, NFT Significant for Crypto Adoption In the report, research has been done on several important landscapes within the crypto industry, such as DeFi and NFT. The report posits that decentralized exchanges… Continue reading KuCoin Labs Q2 2020 Report Gives Insights Into the Role of DeFi, NFTs, DEX in Fostering Crypto Adoption
India: SEBI to Launch Blockchain-based Platform to Monitor Financial Securities
The securities watchdog of India, SEBI is betting big on distributed ledger technology (DLT) for the monitoring and recording of financial instruments from 2022 onwards. SEBI Bets on Blockchain Adoption The Securities and Exchange Board of India (SEBI) announced yesterday (August 25, 2021) that it is willing to roll out a system for “system and… Continue reading India: SEBI to Launch Blockchain-based Platform to Monitor Financial Securities
A Comparison Between Layer-2 And Sidechain Solutions
If you’ve been keeping up with developments in the crypto community over the past few months, you’ve probably already heard the words ‘layer-2’ and ‘sidechains’ being thrown around. There’s a reason behind this: as demand for Ethereum has surged over the past few months, some of the cracks in its model have been beginning to… Continue reading A Comparison Between Layer-2 And Sidechain Solutions
How Blockchain Is Disrupting The Future of IoT, From Remote Locations to The Logistics Industry
The 21st century has defined itself as the era of innovation, with the world moving to adopt modern-day technologies, including the Internet of Things (IoT) and blockchain. These two are among the big four technologies of the century together with Artificial Intelligence (AI) and Big data. While all these emerging technologies are changing the globe,… Continue reading How Blockchain Is Disrupting The Future of IoT, From Remote Locations to The Logistics Industry
FortuneJack Crypto Casino Unveils Tesla Giveaway to Reward Top Gamers
Leading blockchain gaming firm FortuneJack is set to launch a Tesla giveaway in August to reward its loyal users and gamers. FortuneJack Unveils Tesla Giveaway FortuneJack, a pioneering blockchain online gaming site founded in 2014 today announced the launch of a gaming competition across its community. The competition, which started on August 16 is expected… Continue reading FortuneJack Crypto Casino Unveils Tesla Giveaway to Reward Top Gamers
Samsung Becomes Latest Firm to Join Bank of Korea (BOK) CBDC Pilot Project
Tech giant Samsung has revealed that it will take part in the central bank digital currency pilot project by the Bank of Korea. Samsung Joins BOK Digital Currency Pilot Project This latest development was revealed by the local news outlet The Korea Times on August 12, 2021. Korea’s apex bank began trials for the digital… Continue reading Samsung Becomes Latest Firm to Join Bank of Korea (BOK) CBDC Pilot Project
BitMex Crypto Exchange Partners with AC Milan as Official Sleeve Sponsor
Cryptocurrencies have come a long way and are progressively becoming mainstream as more industries accept them. There is no doubt that the sports sector has a huge impact on promoting cryptocurrency acceptance today, and soccer has become a popular venue for cryptocurrency firms to reach a wider audience. BitMex Allies with AC Milan In a… Continue reading BitMex Crypto Exchange Partners with AC Milan as Official Sleeve Sponsor
Bitcoin Network's Mining Difficulty Expected to See Largest Increase in Over 2 Months – Mining Bitcoin News
Bitcoin’s hashrate has been steadily climbing after dropping to 69 exahash per second (EH/s) on June 28, as it reached a high of 117 EH/s on Tuesday morning (EDT). The rise in hashpower will likely lead to the highest difficulty expansion in 89 days as estimates currently show a 7.39% increase is due in two… Continue reading Bitcoin Network's Mining Difficulty Expected to See Largest Increase in Over 2 Months – Mining Bitcoin News
Venezuelan Authorities Shut Down Power Supply to Bitcoin Miners in Key State – Mining Bitcoin News
Regional authorities in one of the key states of the country, Carabobo, suspended the power supply of all registered miners, effectively shutting down their operations in the industrial state. While there have been no official explanations for this measure, some people with knowledge on the matter state the action was taken due to the enormous… Continue reading Venezuelan Authorities Shut Down Power Supply to Bitcoin Miners in Key State – Mining Bitcoin News
Consortium Blockchains: Connecting Cryptocurrencies with Financial Institutions
Though the world had seen advancements in the field of blockchain-based networks, Bitcoin was the first practical application of the technology that worked as intended. The first cryptocurrency introduced a decentralized, peer-to-peer, and trustless digital payment system that promised privacy, security, and transparency. However, as the industry matured, it was found that Bitcoin’s transactions –… Continue reading Consortium Blockchains: Connecting Cryptocurrencies with Financial Institutions
Unstoppable Domains, Circle Partner to Launch Easily Readable Usernames for Stablecoin Payments
Circle, the firm behind the leading stablecoin USDC has partnered with blockchain domain name provider Unstoppable Domains to launch easily readable usernames for stablecoin payments, Pymnts.com reports, August 4. Enabling .coin Extension The partnership between Circle and Unstoppable Domains will integrate support for .coin extensions into USDC’s over 30 wallet and exchange partners. The .coin… Continue reading Unstoppable Domains, Circle Partner to Launch Easily Readable Usernames for Stablecoin Payments
Uphold and GlobaliD Launch XRP Debit Card Offering 5% XRP Cashback
Digital money platform Uphold, in partnership with digital identity platform GlobaliD, has announced the launch of the XRP Card — a Mastercard debit card providing up to 5% cashback in XRP. Uphold is a digital money platform serving almost 5 million customers in more than 150 countries. The company claims to manage more than $1… Continue reading Uphold and GlobaliD Launch XRP Debit Card Offering 5% XRP Cashback
IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland – Mining Bitcoin News
Polish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been dismissed and the case has been handed over to the Prosecutor’s Office. Polish Police Force Fires IT Specialist for Crypto Mining at Work Officers from… Continue reading IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland – Mining Bitcoin News
Indian Government Working on Blockchain Framework to Ease Startup Compliance
Indian government agencies are contemplating leveraging blockchain technology to mitigate compliance burdens on startups, a report by Inc42 claims. Using Blockchain to Ease Startup Compliance In a bid to make it easier for startups to deal with compliance and regulatory hurdles, some Indian government agencies are mulling a move to distributed ledger technology (DLT). Specifically,… Continue reading Indian Government Working on Blockchain Framework to Ease Startup Compliance
BIS Unveils Blueprint for Instant Cross Border Payments System
The Bank of International Settlements (BIS) has released the blueprint of its instant cross-border payments solution dubbed Nexus. The BIS Innovation Hub says the Nexus solution will connect with Instant Payment Systems (IPSs) across nations to offer users superfast cross-border payments. BIS Launching Cross-Border Payments System The proliferation of distributed ledger technology (DLT) is fast… Continue reading BIS Unveils Blueprint for Instant Cross Border Payments System
Bitcoin Mining Difficulty Parameter Set to Increase for the First Time in 8 Weeks – Mining Bitcoin News
Bitcoin’s hashrate has slowly crept back up between 85 exahash per second (EH/s) to 125 EH/s on July 14. The increase in hashpower has made it so the next mining difficulty change will increase for the first time in eight weeks. The four consecutive difficulty drops turned out to be the largest slide in Bitcoin’s… Continue reading Bitcoin Mining Difficulty Parameter Set to Increase for the First Time in 8 Weeks – Mining Bitcoin News
Binance NFT and The State Hermitage Museum to Auction Tokenized Art
The State Hermitage Museum has inked a partnership deal with Binance NFT, to enable the former to auction off some of the super unique artworks in its 257-year-old museum as non-fungible tokens at the end of August 2021, according to a blog post on July 26, 2021. Hermitage Testing the NFT Waters The State Hermitage… Continue reading Binance NFT and The State Hermitage Museum to Auction Tokenized Art
Russian Crypto Industry Scrambles to Attract Miners as Kazakhstan Overtakes Russia in Mining Volume – Mining Bitcoin News
An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another Eurasian Economic Union member, in terms of cryptocurrency production. Russian Project Aims to Expand Country’s Crypto Mining Capacity The Russian Association of Crypto Industry and… Continue reading Russian Crypto Industry Scrambles to Attract Miners as Kazakhstan Overtakes Russia in Mining Volume – Mining Bitcoin News
4 Consecutive Difficulty Drops Make Bitcoin Block Rewards 49% Easier to Find – Mining Bitcoin News
Following the largest mining difficulty drop in Bitcoin’s history, this weekend will once again see another slide, but less than 6% of the difficulty will be shaved. Statistics show Bitcoin’s hashrate has been able to climb higher since the difficulty drop two weeks ago, and climbed above 100 exahash per second (EH/s) this week. This… Continue reading 4 Consecutive Difficulty Drops Make Bitcoin Block Rewards 49% Easier to Find – Mining Bitcoin News