Tag: Blockchain

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Scammer Spoofs SMS Identifier to Steal Funds From Bitcoin User

A Bitcoin exchange transaction resulted in a user getting scammed as a spoofed SMS message from a payment app made it seem that the attacker executed the payment. A Bitcoin (BTC) peer-to-peer exchange made on the HodlHodl platform went awry as a scammer appears to have used a SIM spoofing attack to make the seller…
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Telos to Use Blockchain for Food Assistance Platform

Telos has launched a partnership to deploy its blockchain to secure food assistance programs in the United States. EOS-based blockchain platform Telos has announced a partnership with virtual card provider All_EBT to scale the firm’s service for food assistance programs. The partnership will see Telos’ blockchain used to facilitate payments between All_EBT’s stakeholders in food…
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Oil and Gas Blockchain Consortium’s Pilot Test Produces Successful Result

A 10-company oil and gas blockchain consortium saw promising results from its blockchain pilot test for oilfield water-handling. The OOC Oil & Gas Blockchain Consortium has completed a blockchain pilot test to automate payments for oilfield water-handling. The process of oilfield water-handling requires the management of the huge amount of water extracted and injected during…
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Blockchain Is Part Of China’s Master Plan for New Competitor Island to Hong Kong

China’s master plan for making Hainan a free trade island encourages institutions to use blockchain in transforming government function. Chinese authorities have released a master plan for turning southern island province Hainan into a free trade port, Xinhua news reports on June 1. A trade port system will focus on facilitating free trade, investment and…
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Partner at $500 Million Fund Explains Key Criteria for Investing in Start-Ups

A partner at Initialized Capital, Brett Gibson, reveals his firm’s main criteria for investing in early stage start-ups and explains the most promising products on the market. Brett Gibson, a partner at Initialized Capital, has revealed the main criteria used by his venture capital firm to invest in early stage start-ups and shared his views on…
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Blockchain Is Not a Cure-All for Every Video Conferencing Flaw

Blockchain projects are developing video conferencing applications as remote working gains more popularity during the ongoing COVID-19 pandemic. With the coronavirus pandemic forcing many businesses to adopt work-from-home policies, the demand for video conferencing programs appears to have increased. Indeed, by late April, video conference app Zoom was seeing 300 million daily meeting participants, a…
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Indian IT Giant Tech Mahindra to Offer Blockchain Certification Courses

Indian technology company Tech Mahinda signed a partnership with edtech firm Idealabs to offer blockchain certification courses. Leading Indian technology company Tech Mahindra has partnered with edtech startup Idealabs to offer blockchain certification courses. The certification course will be offered as a combination of live online and in-person, on-campus classes. Students enrolling for the course…
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Samson Mow’s Infinite Fleet Game 2020 Launch Backed by Major Players

Pixelmatic hopes to use the support of major crypto players for mainstream gamer adoption of digital currency with its INF token. Prominent Bitcoin figures are working together to ensure the alpha release of Pixelmatic’s Infinite Fleet space adventure game is launched by the end of 2020. Infinite Fleet, under the leadership of Blockstream Chief Strategy…
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Ripple’s ODL Network Records ATH for XRP/AUD on BTC Markets Exchange

The ODL index for XRP/AUD exceeded the previous all-time high value of $15,640,530 despite the price of XRP staying relatively flat. On-Demand Liquidity (ODL) for XRP paired with the Australian dollar reached a new all-time high of 15,640,530 AUD on the exchange BTC Markets. According to a recent tweet from the Liquidity Index Bot, the…
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Blockchain and Smart Contracts Have a ‘Dark Side’, Says Researcher

The immutability of blockchain ledgers and smart contracts have a “dark side,” argues UPenn professor Kevin Warbach. Blockchain technology crystallizes the rise of “algorithmic power” that today presents a major challenge to traditional forms of sovereignty, legal authority and state-led governance.  So goes the argument in a new post for the Oxford University Faculty of…
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