One of the greatest challenges for digital content creators is the ability to maintain copyright over their works, and blockchain tech can help them. The narrative around blockchain technology as a great enabler of cross-sector innovation has endured since the technology’s perceived potential was assertively decoupled from fluctuations in the price of Bitcoin (BTC) in…
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Creator of Litecoin, Charlie Lee, discussed the upcoming MimbleWimble upgrade which aims at enhancing Litecoin’s privacy and scalability. The creator of Litecoin, Charlie Lee, discussed the upcoming MimbleWimble upgrade which aims at enhancing Litecoin’s scalability and privacy. Lee noted that Litecoin’s upcoming implementation will be able to scale much better than other privacy-focused protocols, like…
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Israel-based Sapiens reportedly paid in Bitcoins for a ransom requested during an attack that reportedly happened between March and April. An Israel-based company reportedly paid $250,000 in Bitcoin for a ransom payment demanded by hackers that threatened to shut down its systems after a ransomware attack. According to a source quoted by Calcalist on June…
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The city of Knoxville had to shut down its IT infrastructure following a ransomware attack launched by an unknown gang. An unidentified ransomware gang attacked the city of Knoxville, Tennessee’s IT network, forcing officers to shut down all systems on June 12. According to local news station WVLT, the attack took place sometime between June…
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Ledger’s Glen Woo believes that China’s central bank digital currency could be deployed using existing payment rails without citizens noticing the change. China has emerged as the world’s leader in central bank digital currency, or CBDC, development, driving speculation surrounding the country’s domestic and international ambitions for its CBDC. Speaking to Cointelegraph, Glenn Woo, Ledger…
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350 Chinese companies surveyed still believe in the higher potential that blockchain technology could offer to their businesses. A survey of 350 Chinese companies revealed that Blockchan’s pre-COVID-19 corporate bullishness remains alive in the region. According to Xinhua, the study, called “Blockchain in the Post-epidemic Age,” showed that 70% of the companies surveyed before the…
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Blockchain can play its part in the education sector — record-keeping in 2–3 years and then adoption by the labor market? In the post-pandemic world, individuals will need to seize ownership and control of their educational credentials — documents like degrees and transcripts — from schools, universities and governments. That notion received key support last…
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Chainlink’s price oracles are quickly emerging as the industry-standard data source for the DeFi sector, with top project Kyber Network integrating the price feeds for its token swaps. Chainlink’s price oracles are continuing to see widespread adoption among decentralized finance, or DeFI, protocols, with Kyber Network (KNC) integrating the price feeds on its KyberSwap token…
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Father of the JOBS Act does not believe there will be any demand for the Chinese digital currency. David Weild IV, who is known as the father of the JOBS Act, believes that the issuance of the digital dollar is imminent and that the U.S. government should hurry up with it. In addition to garnishing…
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As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England. United Kingdom-based blockchain firm L3COS has submitted a proposal to the Bank of England, or BoE, for a blockchain-based operating system to power a central bank-issued digital…
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