Discussing the reasons for why we need a blockchain estate registry and the constraints of the technology. Since 2015, the blockchain industry has generated a variety of economic concepts and supported them with relevant technologies: initial coin offerings, initial exchange offerings, security token offerings, data access object, permissioned ledgers, stablecoins, decentralized finance, etc. In a…
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Operating a Bitcoin ATM could indeed be a lucrative business endeavor, but it just got a whole lot more complex. The very first Bitcoin (BTC) ATM came to the United States in 2014 to Austin, Texas. This historic event occurred quickly after Canada pioneered the idea in 2013, and the excitement and demand for such…
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A ransomware attack against Garmin affected pilots that rely on the company’s support for aviation navigational equipment. Smartwatch maker and data-syncing service provider, Garmin, was the subject of a ransomware attack that took down several of its services on July 23, which managed to encrypt its internal network. According to a series of tweets published…
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REvil is reportedly behind the attack against the Spanish railway manager ADIF and claimed to have stolen over 800 GB of data. Ransomware gang REvil stole over 800 GB of data from ADIF, the Spanish state-owned railway infrastructure manager, after a successful attack deployed on their systems. According to El Español, the authorship of the…
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The republic still allows the import of crypto mining rigs despite the ban. The Republic of Abkhazia is witnessing a surge in crypto mining activities despite crypto-related activities being illegal since 2018. Customs have reported that mining hardware worth over $589,000 has crossed the border over the past six months. According to Nuzhnaya Gazeta, importing…
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Cointelegraph gets techy with CEO Ruben Merre, on some of the NGRAVE wallet’s security advances. From its initial announcement back in April to the $430,000 raised in the recently completed crowd-sale, the NGRAVE ZERO has created huge buzz in the crypto community. Billed as the most secure hardware wallet available, the permanently air-gapped ZERO is…
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The admin panel used by hackers to access over one hundred accounts can be used by over 1,000 twitter employees — two former Twitter employees revealed. More than 1,000 Twitter employees and contractors had access to the internal admin panel that enabled last week’s Twitter hack of 130 high profile accounts. According to Reuters on…
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The world’s most famous chess player, Garry Kasparov, supports BTC as a means to fight human rights violations. Garry Kasparov, the Russian chessmaster who faced off against IBM’s “Deep Blue” supercomputer, says Bitcoin, crypto and blockchain technologies, are the solution to the demand for privacy in financial markets. In a July 23 interview with Forbes…
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Ethereum 2.0 developers formalized the date of the first community-run testnet on August 4. The Ethereum 2.0 team has formalized the launch date of the first full testnet designed to simulate mainnet conditions. Called Medalla, the new multi-client testnet is set to be the last one before mainnet launch occurs. Medalla means “medal” in Spanish,…
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The World Stablecoin Association aims to unite major global stablecoin projects like Tether and USDC. Amid the massive growth of stablecoins in 2020, the cryptocurrency community is setting up an international stablecoin organization in Switzerland. Called the World Stablecoin Association, or WSA, the Geneva-headquartered organization is to be launched by cryptocurrency exchange VirgoX and blockchain…
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