Sam Town

The Office of the New York State Attorney General (NY AG) has published a report announcing the referral of three major cryptocurrency exchanges to the U.S. Department of Financial Services (DFS) for potential violations of state cryptocurrency regulations. Published Sept. 18, the Virtual Markets Integrity Report focuses on the outcome of the Virtual Markets Integrity […]

A series of smart contract exploits have seen hackers abscond with over $600,000 worth of EOS over the last week, raising questions regarding the security of the $4 billion “Ethereum killer” EOS blockchain. Smart contract weaknesses in EOS-based gambling dApp EOBet have allowed hackers to manipulate the outcome of blockchain dice rolls, capturing 126,000 EOS […]

EU finance ministers have sidelined a think tank report calling for stricter cryptocurrency regulation within the European Union, citing a need for caution in developing a nuanced approach to the potential risks presented by the cryptocurrency market. The EU’s delay in composing a definitive crypto regulation strategy coincides with failed regulatory action in China, where […]

The Chinese cryptocurrency ban is proving to be far more difficult for regulators to enforce than anticipated. The Central Bank of China released a July report announcing the success of the country’s cryptocurrency ban, stating that the influence of the Chinese Yuan on the cryptocurrency market—which previously accounted for 90 percent of global trading volume […]

The wounded cryptocurrency market is showing signs of recovery after a week-long maelstrom that saw over $40 billion wiped out from the total market cap amidst manipulation speculation, black market Bitcoin dumps, and fake news accusations. Dogecoin Surprisingly Unscathed by Market Chaos Negative market sentiment has seen virtually all altcoins bleed over the last week […]

Ethereum prices have plummeted over the last week, experiencing a drop in value of over 30% amidst a bloodbath that has shaved $50 billion off the cumulative cryptocurrency market cap. With ETH prices hovering around the $200 mark, Ethereum co-founder Vitalik Buterin announced the end of the age explosive growth within the cryptocurrency industry. Buterin’s […]

The cryptocurrency market is currently in the midst of a major sell-off, with Bitcoin, Ethereum, and virtually all altcoins plummeting in value. The loss of over $40 billion from the cumulative cryptocurrency market cap over the last week hasn’t deterred some of the largest companies in the blockchain industry from looking toward the future, however, […]

Twitter CEO Jack Dorsey has presented a possible solution to the issue of Twitter fraud at a Congressional committee Wednesday, stating that the social media platform is currently investigating the application of blockchain technology to create decentralized trust and enforcement mechanisms. The Twitter ecosystem is saturated with scams, fraud and impersonation, and the Twitter cryptocurrency […]

The European Union is currently investigating the potential benefits of adopting a set of common rules regarding the distribution and trading of cryptocurrencies and digital assets, with a report calling for stricter disclosure roles set to be considered by EU finance ministers later this week. The report, prepared by Brussels-based think tank Bruegel for EU […]

The cryptocurrency market is in the midst of a selling frenzy, with Bitcoin, Ethereum and most altcoins experiencing a sharp and sudden drop in value. A major sell-off, which began at 4:40 p.m. UTC +7:00 on Wednesday saw total cryptocurrency market capitalization lose almost $12 billion in just one hour. While the crypto community may be […]

It’s no secret that a cryptocurrency wallet can be accessed by a private key—a string of letters and numbers that, if revealed, allows all those who hold it access to the cryptocurrency held within. Private keys can be lost in many ways—phishing hacks, malware, by accident or even by brute force–and given enough time, it’s possible […]

The term “government-issued” cryptocurrency is paradoxical. The core tenets of cryptocurrencies — decentralized ledgers and trustless cryptographic payment clearance — are antithetical to government control over value transfer. Officially sanctioned government issued cryptocurrencies are increasing in number, however. Sweden, Japan, and Russia have all investigated the benefits of a state-backed crypto, while countries such as […]

Almost $800 million worth of Bitcoin and Bitcoin Cash has been withdrawn from wallets associated with defunct cryptocurrency “black market” Silk Road marketplace and linked to Silk Road owner Ross “Dread Pirate Roberts” Ulbricht, signaling a potential large-scale Bitcoin market dump. The Silk Road-related cryptocurrency wallet activity, first observed by cryptocurrency community members on Aug. […]

IoT-driven blockchain platform IOTA announced the upcoming release of real-world integration with vehicle manufacturer Volkswagen. The Digital CarPass, set to be released in 2019, will see performance data tracked via IOTA blockchain technology to ensure vehicle data collection is reliable and secure. The Digital CarPass was announced by Volkswagen’s Head of Blockchain Benjamin Sinram at the […]

The cryptocurrency market may have experienced a flat run over the course of 2018 thus far with Bitcoin prices failing to break through the $10,000 barrier since early March, but new research published by ING demonstrates that adoption rates are rising rapidly. The ING International Survey on Mobile Banking: Cracking the code on cryptocurrency report, […]

Tron CEO Justin Sun recently revealed details of Tron’s highly anticipated “secret project” at the Tron Virtual Machine launch Aug. 31, officially announcing Project Atlas. The new project will see the Tron blockchain integrate with the recently acquired BitTorrent platform. Project Atlas is set to connect BitTorrent’s peer-to-peer network with Tron’s blockchain, establishing an in-client […]

Malta has emerged as a global leader in blockchain innovation, recently passing a series of pro-blockchain bills into law that have caused blockchain and cryptocurrency platforms around the world to consider “Blockchain Island” as a potential new base of operations. Maltese real estate isn’t only for international crypto exchanges such as Binance, however. A new […]

Ethereum-based payment platform OmiseGO announced a major step forward in the quest for DLT scalability, releasing an early alpha of a Plasma-based scaling solution that may potentially increase the transaction capacity of the OMG network. Announced via a Medium post, the GitHub repository published by the OmiseGO team provides an insight into OmiseGO’s Tesuji milestone. Tesuji, […]