The London Blockchain Summit soldiered on this week, despite many speakers in isolation or subject to travel bans due to coronavirus. Day One, March 5 The world has a fever. A fever for blockchain. But that’s not the only infectious substance in the room. The spectre of the spiralling Coronavirus crisis looms large over today’s…
Read more
In a major privacy breach, the usernames and passwords of more than a quarter of a million Trident Crypto Fund customers have been stolen and published. In a major privacy breach, the usernames and passwords of more than a quarter of a million Trident Crypto Fund customers have been stolen and published online. Technical director…
Read more
Vitalik Buterin says that currency digitization is inevitable and believes decentralized privacy currency would be more appealing to people than state-controlled digital currencies. With governments increasingly looking at launching their own digital currencies, you might worry that crypto just can’t compete with national financial infrastructures. Not so, says Ethereum co-founder Vitalik Buterin. Buterin spoke with…
Read more
According to Chainanalysis’ latest report, there were over $1 trillion worth of crypto transactions in 2019 with only 1.1% percent of them being illicit. According to Chainalysis’ March 5th webinar, over $1 trillion worth of cryptocurrency transactions took place in 2019 with only 1.1% of them being illicit. Source: Chainalysis Diminishing of darknet markets Overall,…
Read more
Brian Armstrong. Source: a video screenshot, Youtube, a16z There are elements that just might make crypto bigger this year, says Brian Armstrong, CEO of major crypto exchange Coinbase, but he’s not sure which blockchain will win the crypto adoption race in the more distant future. Bitcoiners are perplexed that the question was even asked, as…
Read more
Legendary soccer player Ronadinho Gaúcho, now under investigation for involvement in Bitcoin pyramid schemes, was detained with falsified passports. Legendary soccer player Ronaldinho Gaúcho was ‘arrested’ trying to enter Paraguay with a fake passport. One of the greatest soccer players in the history of the sport and now under investigation for participation in companies accused…
Read more
More Argentinian provincial governors are considering the issuance of locally issued digital tokens or stablecoins. As previously reported on Cryptonews.com, Josefina Canale, the provincial deputy of Mendoza, in the northern-central part of the country, has already gone public this week with claims that she is “studying” stablecoin proposals. But per La Read more »Pay, Trade,…
Read more
CBDC’s and currencies such as Facebook’s Libra could force the U.S. to adapt to save its spot as the world’s leading currency, ING economist Carlo Cocuzzo explained. As multiple countries and entities weigh the validity of a central bank digital currency the physical United States dollar still sits in a place of dominance — but…
Read more
WEF Head of Blockchain Sheila Warren explains the potential of blockchain technology and how it can change the world — but notes we are not there yet due to three things. Speaking at the Hyperledger Global Forum 2020 in Phoenix, Arizona, the World Economic Forum’s head of blockchain and data policy, Sheila Warren, discussed blockchain’s…
Read more
An associative picture. The Greenidge Generation plant in New York’s Finger Lakes region can mine about 5.5 bitcoins per day (USD 50,000) after its operator installed some 7,000 mining machines in recent months, Bloomberg reported. The machines work off so-called "behind-the-meter" power, which makes it "extremely low cost," the report said, without Read more »Pay,…
Read more
