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NEXT BLOCK Conference “From Chaos To Clarity: 2019 Trends” • December 12, 2018

Bringing together over 350 participants and 20+ distinguished speakers, the Conference will hear from top blockchain experts looking into 2019…

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Category: Blockchain

Blockchain Ecosystem ARK Joins Hands with Crowdsourced Security System Bugcrowd

Category: Altcoins, Blockchain, Business, Development, News

Blockchain Ecosystem ARK Joins Hands with Crowdsourced Security System Bugcrowd

ARK, a blockchain ecosystem, announced that it has sought out security and penetration testing services from world’s leading crowdsourced security platform Bugcrowd on December 11, 2018. The move makes up a part of a precautionary measure to find out vulnerabilities on the ARK ecosystem. Exposing Vulnerabilities with the World’s Best The collaboration will take place once ARK takes full advantage…

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South Korea’s Second Largest City to Develop Blockchain-Enabled Virtual Power Plant

Category: Adoption, Blockchain, Business, News, Regulation

South Korea’s Second Largest City to Develop Blockchain-Enabled Virtual Power Plant

The South Korean government will be spending four billion Korean won (KRW) ($3.500.000) to create and deploy a “virtual power plant” based on blockchain technology reports local media outlet Yonhap News on December 10, 2018. According to the report, the city administration of Busan, the second most populated city in South Korea, proposed the project. Also involved are Nuri Telecom,…

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UNICEF Joins the Blockchain Movement, Set to Fund Various Blockchain Projects in Emerging Economies

Category: Adoption, Blockchain, Development, Finance, News

UNICEF Joins the Blockchain Movement, Set to Fund Various Blockchain Projects in Emerging Economies

In a bid to make it easier for innovators in emerging economies to solve real-life problems with distributed ledger technology (DLT ), the UNICEF Innovation Fund, has announced a move to invest heavily in six blockchain startups in developing and emerging economies, according to a press release on December 10, 2018.    UNICEF Using DLT to Help Humanity The UNICEF…

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Australian Anti-Encryption Bill Reminds the Globe “Why Crypto?”

Category: Blockchain, Business, Crime, News, Regulation

Australian Anti-Encryption Bill Reminds the Globe “Why Crypto?”

The Australian government has passed a controversial anti-encryption bill that allows law authorities to forcefully access sensitive consumer data encrypted by popularly-used technology companies and social applications, reported The Hacker News on December 10, 2018. Data Down Under Formally known as the “Telecommunications Assistance and Access Bill 2018,” the act means law enforcers can ask companies like Google, Facebook, WhatsApp,…

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Hackers Unfazed by Crypto Price Crash as they Double Down on Wallet Attacks

Category: Altcoins, Blockchain, Business, Finance, News, Platform

Hackers Unfazed by Crypto Price Crash as they Double Down on Wallet Attacks

According to a report by ZDNet, published on December 10, 2018, cybercriminals have doubled-down on their efforts to hack into internet-exposed Ethereum wallets and mining equipment. Publicly Exposed Ports Risk Holders Wallets Per the report, cybercriminals are actively scanning for crypto equipment with port 8545 exposed online. Notably, port 8545 is the standard port for the majority of the Ethereum…

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Cyberpunk is Now, but Japan is Only ‘Kind of’ Crypto

Category: Altcoins, Blockchain, Business, News, Platform, Tech

Cyberpunk is Now, but Japan is Only ‘Kind of’ Crypto

Japan dominates the crypto headlines week in and week out. It has played the host country for a number of the industry’s largest hacks but also boasts massive retail uptake. In a recent article on the world of cryptocurrencies, The Wall Street Journal even felt obliged to travel to the Asian country to get the authentic scoop on the subject….

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HTC Blockchain Phone Exodus Sets Brave as its Default Internet Browser

Category: Altcoins, Blockchain, Business, News, Platform, Tech

HTC Blockchain Phone Exodus Sets Brave as its Default Internet Browser

According to a report by Finance Magnets, published on December 10, 2018, Taiwan-based mobile company HTC has that Brave (BAT) will be their blockchain-based smartphone Exodus’ default internet browser. HTC Hopes to Regain Market Share through Blockchain In May 2018, the Taiwanese company announced that it’s set to enter the cryptocurrency and blockchain industry with its premium smartphone, named Exodus….

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BSV Network Is Vulnerable To Double Spending

Category: Altcoins, Blockchain, Business, News, Platform, Tech

BSV Network Is Vulnerable To Double Spending

Bitcoin Cash SV (BSV), a new token that recently emerged from the Bitcoin Cash hard fork on November 15, 2018, is currently vulnerable to double spending. According to an uploaded video on December 8, 2018, Vimeo user Reizu demonstrated that he was able to take advantage of the of the BSV network and spend two coins twice in a “0-confirmation…

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Conducting Security Token Offerings (STOs) in China Is Illegal

Category: Altcoins, Blockchain, Business, Finance, News, Regulation

Conducting Security Token Offerings (STOs) in China Is Illegal

At a time when Security Token Offerings (STOs) are gradually gaining grounds in the cryptospace, with some observers  predicting the new type of fundraiser will replace initial coin offerings (ICOs), deputy governor of the People’s Bank of China (PBoC) has made it clear that STOs are illegal in China, reported the South China Morning Post on December 9, 2018. No…

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South Korea: Shinhan Bank Turns to Blockchain Technology to Augment Financial Services

Category: Adoption, Blockchain, Business, Finance, News

South Korea: Shinhan Bank Turns to Blockchain Technology to Augment Financial Services

South Korea’s second largest bank has started a pilot project to implement a blockchain-based work process across a range of financial services and internal protocol management systems, reported Korea Times on December 10, 2018. Leading Blockchain Adoption Managing assets of over $260 billion and storing $192 billion worth of the Korean won, Shinhan Bank is one of the largest financial…

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