Tag: Blockchain

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Ransomware Attacks Are Exploding in the Education Sector

A Verizon report highlights the growing number of ransomware attacks across educational services. Educational services across the globe have been witnessing a surge in ransomware attacks in 2020. According to Verizon’s 2020 Data Breach Investigation Report, ransomware attacks account for approximately 80% of all cyberattacks suffered. The data suggests 92% of these incidents were motivated…
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Crypto-Focused Social Media Platform Attempts to Tackle Impersonators

Floyx, a social media platform for the crypto community, aims to prevent crypto impersonation scams by developing a novel system. Floyx, a Malta-based social media platform for the crypto community, is trying to prevent crypto impersonation scams by developing a novel system. Floyx CEO Kamil Kępiński explained to Cointelegraph that the platform can prevent malicious…
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Power Ledger Brings Peer-to-Peer Renewable Energy Trading to Thailand

Australian blockchain firm Power Ledger has announced a partnership to develop a digital energy company in Thailand, utilizing its peer-to-peer renewable energy trading tech. Australian firm Power Ledger announced a partnership with Thai Digital Energy Development (TDED) on May 25 to create a blockchain-based digital energy platform in the country. The platform will enable environmental…
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Centralized Crypto Futures Exchange Integrates Chainlink’s Price Oracles

Chainlink’s decentralized price oracles will be used as an “anchor” by the forthcoming derivatives exchange Digitex Futures to protect traders against slippage. Forthcoming Seychelles-based crypto derivatives trading exchange Digitex Futures has announced it will integrate Chainlink’s (LINK) decentralized price reference contracts on its platform. Chainlink’s decentralized price oracles are typically utilized by decentralized finance (DeFi)…
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Africa Is Experiencing a Crypto Renaissance

Crypto adoption appears to be growing across the continent of Africa. Crypto adoption is making significant advances in Africa, with crypto ownership, trade volume, and regulation all moving toward greater adoption. A recent report by Arcane Research and Luno found that Uganda, Nigeria, South Africa, Ghana, and Kenya are frequently among the top 10 countries…
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Enterprise Blockchains: Seven Steps to Success

The main steps that would help to accelerate the adoption of blockchain capabilities at the enterprise level. In my approximately two-decade career at Microsoft, I had the privilege and the opportunity to first work on the company’s emerging enterprise strategy, to architect and ship key enterprise technologies, and to build a strategic enterprise business and…
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China’s Congress Proposes Blockchain Development Fund

NPC, China’s parliament suggests a government backed blockchain development fund to build a better governance system. National People’s Congress, China’s parliament and Chinese People’s Political Consultative Conference, the most powerful political advisory body in the country, have recently begun their annual sessions. These are widely referred to as the “Two Sessions” or “lianghui” meetings. These…
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Blockchain to Play Crucial Role in VR-Powered Social Media

Blockchain and VR-powered social media platform Sensorium has joined the Global Blockchain Business Council. Virtual reality media platform, Sensorium, has announced its membership in the Global Blockchain Business Council, or GBBC — a Swiss-based non-profit industry association for blockchain. Sensorium will participate in GBBC’s upcoming virtual forum on May 28, which will see the firm’s…
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Examine the Bitcoin First Difficulty Adjustment Post 2020 Halving

It will still take time to stabilize the miner revenue from fees before the Bitcoin network can display some healthy growth. The third Bitcoin (BTC) halving has settled, and the Bitcoin network has just experienced its first difficulty adjustment post third halving. The difficulty has decreased from 16.1 trillion to 15.14 trillion, which is about…
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Industry at a Crossroads, Crypto Enters Fourth Phase of Development

A recent Andreessen Horowitz report says crypto is in its growth stage, but critics say the industry is yet to create end-use value. The crypto space is well over a decade old with more than 5,500 different cryptocurrencies and a market capitalization north of $250 billion. Researchers at American venture capital firm Andreessen Horowitz say…
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