News

Mysteriously, 25 percent of mined Bitcoin Cash blocks are being tagged with “Satoshi Nakamoto.” Given the May 15th hard fork as part of a scheduled protocol upgrade, it is rumored that the tagging is a miner signaling 51 percent attack. Since Apr. 25th, beginning at 03:22 PDT, blocks began to appear on the Bitcoin Cash […]

On April 30, Tesla CEO Elon Musk mysteriously tweeted “Ethereum,” engaging with Ethereum co-creator Vitalik Buterin. Ethereum — Elon Musk (@elonmusk) April 30, 2019 Almost immediately after the release of Musk’s tweet, the interest in Ethereum on major search engines including Google spiked, most likely as it drew interest from the mainstream. Google search trends […]

Vitalik Buterin asserted that finance is likely the first sector that will be disrupted by blockchain. The advent of decentralized finance (DeFi)—with projects such as MakerDAO, Augur, Uniswap, and Etherisc—has the potential to disrupt the “insanely inefficient” sector. Is DeFi Ethereum’s Killer App? Vitalik Buterin said while delivering a talk at ETHCapeTown 2019: “If you […]

NEO announced its roadmap for the 3.0 version of its blockchain, which will introduce improved scalability, performance, and stability for the network. These features are not backward compatible and NEO will launch its 3.0 blockchain from a genesis block—compelling users to swap their tokens. Migration Plan To encourage migration to the new blockchain, NEO will […]

Tether, the leading stablecoin, recently unpegged from the US Dollar after news that the New York State Attorney General is investigating iFinex Inc., which operates Bitfinex and owns Tether Ltd. USDT dropped as low as $0.975 against the US Dollar while the other top three stablecoins—USDC, TUSD, and PAX—enjoyed an approximately 6.5 percent premium. Tether […]

On Apr. 26th, Washington State Governor Jay Inslee signed SB 5638—an act “recognizing the validity of distributed ledger technology”—into law. The Act encourages the development of blockchain, recognizes its use in commerce and digital signatures, and amends legislation to provide definitions for the technology. The original purpose of the Washington Electronic Authentication Act was to […]

Jaguar Land Rover is testing a “smart wallet” using IOTA; If launched, vehicle owners would be rewarded for sharing driving data and could “pay for tolls, parking, and charging for electric cars” using the cryptocurrency, according to Reuters on Apr. 28th. IOTA is a distributed ledger that, unlike Bitcoin which leverages a blockchain data structure, uses a directed […]

The Zcoin team discovered a vulnerability in the cryptography of the Zerocoin protocol that allows an attacker to forge zero-knowledge proofs and create coins out of thin air. Coins using the protocol such as Veil are vulnerable to attack until Zerocoin is disabled. Although the exposed flaw is fixable, the Zcoin team does not plan to allocate resources […]

Litecoin (LTC), one of the earliest Bitcoin forks, is only 100 days away from a block reward reduction event that plans to make it harder for the tokens to be mined—which could make the circulating supply of LTC more valuable. The Halving Event Much like bitcoin, from time to time Litecoin goes through a fixed […]

Crypto exchange Wirex listed Stellar Lumens (XLM), making it the ninth cryptocurrency to be integrated on the trading platform. In the Apr. 24th announcement, the exchange revealed the listing was part of a broader partnership with Stellar. Big Plans for Stellar Partnership However, the release of a secure Wirex #XLM account is just the FIRST […]