State Owned Oil Giant, PDVSA, Requests Venezuelan Central Bank To Test Holding BTC & ETH For Payments

2019-9-27 00:17

Venezuela has a stash of crypto's and it does not seem afraid to use them. The only problem is that the country does not seem completely sure about how to use them, also. As reported by Bloomberg, the central bank of Venezuela recently started tests in order to determine how to use it's cryptos to […]

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Фото:

Fidelity Investments and Morgan Creek back $3.5 Million Funding Round for Elementus

Blockchain analytics firm Elementus has raised funding from several funds, including one linked to Fidelity Investments and Morgan Creek Digital. The firm aims to broaden analytics in the space by monitoring the use of cryptocurrency for illicit activities, similar to what Chainalysis does, as reported by Fortune, September 23, 2019.

2019-9-23 19:00


Understanding PLONK

Special thanks to Justin Drake, Karl Floersch, Hsiao-wei Wang, Barry Whitehat, Dankrad Feist, Kobi Gurkan and Zac Williamson for review Very recently, Ariel Gabizon, Zac Williamson and Oana Ciobotaru announced a new general-purpose zero-knowledge proof scheme called PLONK, standing for the unwieldy quasi-backronym “Permutations over Lagrange-bases for Oecumenical Noninteractive arguments of Knowledge”.

2019-9-24 04:03


Facebook’s Libra does not have any characteristics associated with cryptos, claims Jake Chervinsky

The introduction of Facebook’s Libra has been one of the highlights of 2019, but it was not smooth-sailing for the virtual asset. The Facebook-backed stablecoin received collective criticism from government officials, crypto-personalities and a majority of the community, with many questioning its potential use cases and characteristics as a cryptocurrency.

2019-9-7 20:30


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.

2019-6-14 04:03


Фото:

Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

2019-6-4 19:03


Фото:

Laos Central Bank Wary of Cryptocurrencies’ Use in Money Laundering

The central bank of Laos has warned commercial banks, financial institutions, and investors not to buy, sell or use cryptocurrencies, reports local media outlet Vientiane Times, May 21, 2019. Laos Does Not Want Cryptocurrencies Laos’ central bank, the Bank of the Lao People’s Democratic Republic (PDR), has cautioned financial market players against digital currency transactionsRead MoreRead More.

2019-5-22 18:00


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Op Ed: A Summary of

In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.

2019-5-18 22:14


VeChain Launches ToolChain, a New Blockchain-as-a-Service Platform

VeChain has announced the launch of a new platform that will make it easier for businesses to integrate VeChain with their activities. With its new ToolChain suite, VeChain will offer blockchain-as-a-service solutions which will allow small and medium enterprises to make use of blockchain technology in a simple and affordable manner.

2019-5-3 23:27


Former JP Morgan Top Executive And Clovyr CEO: Decentralized Applications Will Be Easy To Use

Former JP Morgan Top Executive And Clovyr CEO:  Decentralized Applications Will Be Easy To Use One of JP Morgan’s former executives Amber Baldet, who was the banks lead in their Blockchain Program, is of the stance that “When people use decentralized applications (dApps), they should be able to focus more on what the app does […]

2019-4-30 22:28


Indian Bank HDFC Issues Negativity-Laden Emails to Customers Using Cryptocurrencies

India’s crypto dilemma does not seem to end as the delays in finalizing regulations were followed by a delay in the judgment over various impending cases in the Supreme court related to crypto use. After the 29th of March hearing was postponed regarding the finalization of crypto regulation by the finance ministry, the crypto community […]

2019-4-28 20:30


Фото:

PayPal Wins Patent for Ransomware Detection Solution

Global payment processing platform PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks. Ransomware attacks are a form of malware that takes over the victim's computer, locks up the files therein and demands a ransom before the files can be accessed again — often to be paid in cryptocurrency.

2019-4-19 21:17


Фото:

Full Blocks ‘Only Way’ For Bitcoin to Stay Trustless, Say Seoul Meetup Founder

Bitcoin blocks will ultimately fill up and fees will increase accordingly, another community figure has warned as a spike in volume continues. Somsen: Make ‘Smarter Use’ Of Block Space In a series of tweets April 10, Ruben Somsen, podcast host and long-time convenor of the Seoul Bitcoin Meetup, argued that despite fees increasing, they are part of Bitcoin’s overall transformation into a global payment system.

2019-4-11 23:00


On Collusion

Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review Over the last few years there has been an increasing interest in using deliberately engineered economic incentives and mechanism design to align behavior of participants in various contexts.

2019-4-5 04:03


Austrian Digital Affairs Minister Doesn’t See the Need for Country’s Use of Blockchain in Regulation

Margarete Schramboeck, the Austrian Minister of Digital and Economic Affairs, has recently affirmed that the country does not need any kind of regulation for the blockchain. She talked about the subject in the ANON Blockchain Summit, in which she participated in the “the role of the government in the age of the blockchain” panel. The […]

2019-4-3 04:47


Bezos Sext Scandal: Did Saudi Arabia Use Israeli Spyware to Hack Amazon CEO?

Saudi Arabia hacked Amazon chief Jeff Bezos’s private sexts, according to a recent bombshell report in the Daily Beast. Shock Claim: Saudia Arabia Hacked Amazon Founder to Expose Sexts In an article penned by Gavin De Becker, a private security consultant hired by Bezos to probe the leak of his intimate messages, the investigator concludes that the Saudi regime unlawfully gained access to the tech mogul’s phone and tipped off the National Enquirer about his extramarital affair with news anchor Lauren Sanchez.

2019-4-2 20:31