Blockchain firms Algorand and Attestiv are teaming up to fight insurance fraud using DLT. Distributed ledger technology (DLT) firm Algorand has partnered with blockchain-based tamper-proof media verification platform Attestiv to target fraud within the insurance industry. The firms will combine their tech to develop a single platform for verifying digital media for a multitude of…
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Private blockchains that have been specifically designed for enterprise use could be highly desirable targets for hackers’ attacks. When blockchain technology was first brought to the public’s attention, it was lauded on many fronts as “unhackable.” While there are many benefits to blockchain worth noting already, we probably still haven’t seen what its ultimate potential…
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Universal basic income models based on blockchain systems are being developed, but are they practical? Universal basic income, commonly referred to as UBI, dates back to the 16th century when Sir Thomas More depicted a society in which every person receives a guaranteed income in his famous book Utopia. While Utopia is a fictional work,…
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Despite JPM’s boss being tough on crypto, the bank takes on two regulated exchanges as clients in what some are calling a “game-changer.” As the largest among the United States’ “Big Four” banks, JPMorgan Chase comes across as an unlikely ally to digital asset service providers seeking to break through the glass ceiling still separating…
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With less than a week until its launch, Ngrave has unveiled more details of its EAL7-certified hardware wallet, the Zero. Digital asset security firm Ngrave has released more details of its fully offline hardware wallet, the Zero. As previously reported, the Zero claims to be the first hardware wallet to receive EAL7 certification — one…
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The British-American entrepreneur admitted his privacy-oriented project Ghost borrowed from open-source anonymity coin PIVX, but apparently wants to sue it nonetheless. Eccentric cryptocurrency advocate John McAfee admitted his anonymity-oriented project Ghost “copy-pasted” parts of its whitepaper from the documentation for open-source privacy coin PIVX in a series of tweets today. He nonetheless appears to intend…
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Digital payment platform Uphold announced a partnership with web monetization provider Coil utilizing the Interledger Protocol. Digital payment platform Uphold has announced a partnership that allows Coil creators to be able to select the platform as their wallet provider to receive payments in over 50 currencies. Coil is a service that provides alternative methods for…
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An investigation that involved several U.S. federal agencies led to the bust of the darknet operators and seizure of $22 M in cryptocurrency. May 19, the Financial Crimes Enforcement Network (FinCEN) awarded several federal agencies in the United States, whose joint probe led to the seizure of $22 million worth of cryptocurrency from the darkenet…
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Legendary video game producer Atari partners with the Litecoin Foundation to take advantage of the overlap between the two communities. On May 19, the Atari Group announced a partnership with the Litecoin (LTC) Foundation, betting on the overlap of interests between the crypto and gaming communities. Atari has raised 74.19 Bitcoin (BTC), worth roughly $514,000…
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Binance’s new Chinese website gets an approval from the China’s Ministry of Industry and Information Technology. Binance, the world’s largest cryptocurrency exchange and owner of crypto pricing website CoinMarketCap, is getting closer to one of the most crypto-sceptical jurisdictions in the world, China. After leaving the country amid a nation-wide crypto ban in 2017, Binance…
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