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Statistician Who Predicted Bitcoin Crash Says Its Price Will Moon

A statistician who accurately predicted that bitcoin will flash dump amidst a global economic crisis now hopes for a significant price rebound. Willy Woo, an on-chain analyst who in 2018 forecasted that investors would unwind their leveraged bitcoin positions to seek safety in the US dollar, says the cryptocurrency is looking for a bottom. “Dump... дальше »

2020-3-18 15:00


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South Korean Heavyweights KT and NDS are Developing a Blockchain-Based Food Safety System

According to a post published on July 18, 2019, KT (formerly Korea Telecom), South Korea’s largest telephone company, and Nongshim Data System (NDS) an IT affiliate of the food and beverage company, signed an agreement to develop a blockchain-based food safety record system, once again expanding their blockchain services. дальше »

2019-7-20 23:00


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Mt. Gox founder facing lawsuit for losing 80,000 BTC

Serial entrepreneur Jed McCaleb, and creator of the now-defunct Mt. Gox, is facing a lawsuit over his handling of the failed cryptocurrency exchange.   Former Mt. Gox traders Joseph Jones and Peter Steinmetz allege McCaleb was “fraudulent” and “negligent” in his representation of the exchange, partly leading to the loss of their Bitcoin when it was hacked in the notorious hacking incident from 2014, CoinDesk reports. дальше »

2019-6-26 14:47


Large-scale crypto assets under management seek custodial refuge in exchanges not wallets

With the cryptocurrency industry riding a massive bullish wave as Bitcoin, after 15-long months, broke the $10,000 mark, the question of safety has once again surfaced. Large Assets under Management [AUM] or those accounting for in excess of $25 million in funds are opting for exchanges over hot and cold wallets for their protection. дальше »

2019-6-23 12:00


Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions. дальше »

2019-6-14 04:03


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South Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam

South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. дальше »

2019-4-8 12:29


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Quadriga CX Fiasco Highlights the Need for Crypto Insurance

A startup by the name of BitGo Inc. could be the answer to the menace of losing private keys of cold-storage crypto wallets, reports Bloomberg, February 19, 2019. Can too Much Safety Be Fatal? The recent fiasco surrounding the death of the CEO of Canadian cryptocurrency exchange Quadriga CX has rekindled questions regarding the safetyRead MoreRead More. дальше »

2019-2-21 20:00


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ConsenSys, Harvard, and Levi Strauss to Build Blockchain-Based Factory Safety Solutions

According to a press release published on January 24, 2019, a think tank comprising of Harvard University’s public health graduate school, New America, Levi Strauss Foundation, and blockchain startup ConsenSys have been awarded a federal grant worth $800,000 to develop DLT-powered solutions to track health and well-being records of factory workers. дальше »

2019-1-27 14:00