About author: Joseph Young

On October 16, Jameson Lopp, the lead engineer for BitGo and a highly respected figure within the cryptocurrency sector, fell victim to a cowardly attack which involved him looking down the barrell of a rifle and a false hostage situation report. In an interview with TechCrunch, Lopp revealed that the attack led the local police department to shut down most…

READ MORE

The SegWit2x hard fork is expected to occur in mid-November of 2017. Inevitably, if the hard fork is executed within the next month, it will lead to a split chain and the creation of another fork of Bitcoin. This guide details some ways you can prepare for the split. How Will Leading Bitcoin Exchanges Address SegWit2x Hard Fork in November?…

READ MORE

Brad Garlinghouse, the CEO of Ripple, the software development company behind the $10 billion Ripple network, revealed the firm had won the lawsuit R3CEV filed in September. Last month, R3CEV, which operates a blockchain consortium participated by more than 70 retail and investment banks including Barclays, HSBC, and UBS, filed a lawsuit against Ripple in the Delaware Chancery Court. The…

READ MORE

Matthew Goetz, the former vice president of Goldman Sachs, the $95 billion investment bank, believes the network effect of Bitcoin is a vital factor for its long-term growth in terms of increase in market cap, user base, and mainstream adoption. Since its launch in 2009, bitcoin has consistently secured its position as the leading and most valuable cryptocurrency in the…

READ MORE

Air France KLM, the holding company of one of the largest airlines in the world, is set to test blockchain technology and decentralized applications to automate its aviation supply chain. At a webinar participated by Microsoft and software company Ramco Aviation, Air France KLM business unit director of innovation James Kornberg revealed the company’s plans to investigate the potential of…

READ MORE

The Russian Foreign Ministry has condemned the request of the US government to extradite Alexander Vinnik, who has been charged with money laundering in relation to BTC-E and kept in custody by Greek law enforcement agencies. In July, in a report entitled “Breaking open the MtGox case,” Japanese cybersecurity firm WizSec revealed the involvement of Alexander Vinnik in laundering up…

READ MORE

Earlier this week, in an analytical column entitled “How SegWit2x Replay Protection Works,” Bitcoin developer and Paxos principal architect revealed the motive behind the development team of SegWit2x to integrate opt-in replay protection rather than strong two-way replay protection as the Bitcoin Cash development did in July. SegWit2x Hard Fork in November and the Different Types of Replay Protection In…

READ MORE

EtherDelta has become the most successful decentralized application (dapp) in the history of Ethereum, and it is currently solely accountable for 14 percent of all transactions in the Ethereum network. Over the past year, blockchain startups have raised more capital through initial coin offerings (ICOs) than venture capital investment, securing over $1.3 billion in 2017 alone. Some of the most…

READ MORE

Within three months since the hacking incident of the CoinDash initial coin offering (ICO) in June that led to the loss of $7 million in funds, hackers hijacked the ICO of Etherparty’s native token FUEL, redirecting investor funds to an alternative address by hacking the website of Etherparty. On October 2, Etherparty officially began its ICO for its application which…

READ MORE

On October 3, Litecoin creator and former Coinbase executive Charlie Lee revealed that he has officially advised the Coinbase development team to maintain the “BTC” and “Bitcoin” moniker for the original Bitcoin blockchain in case the SegWit2x hard fork occurs in November as planned. For many years, Lee has served Coinbase as the director of engineering and the head of…

READ MORE