#Blockchain

Blockchain and IoT Technology are Catalysts of Semiconductor Growth

October 14, 2018 by Nigel Dollentas at Bitcoin, Blockchain, Ethereum, Mining, News, Platform, Tech

A press release published October 11, 2018, shows that sales of semiconductors and other crucial circuitry needed for all electronics continues to increase after demand from the IoT and blockchain technology sectors. The release states that sales reached $40.16 billion in August 2018, a 15 percent increase from 2017. Sales...

You Can Now Mine Monero to Bail People Out of Jail

Flash Exploited by Cryptojackers to Mine Monero, Over 100 Instances Flagged by Adobe

October 13, 2018 by contributor at Altcoins, Blockchain, Crime, Finance, Mining, News

Adobe’s Flash Player, once a prominent feature of the last decade to enable millions around the world to play internet games, has made its way to the hackers’ arsenal as they look to leverage all forms of customer-facing software to illegally mine cryptocurrencies, reported Finance Magnates on October 12, 2018....

51% Attack Being Livestreamed for Educational Purposes: Exclusive Interview

October 12, 2018 by Nigel Dollentas at Altcoins, Blockchain, Exchange, Interviews

On October 7, 2018, Reddit user team-periwinkle took to social media, questioning cryptocurrency users for their interest in a potential 51% attack. While attackers would not typically announce their intentions publicly, the purpose of the attack would be for education, as the entire process will be live-streamed to allow anyone...

EOS token looking ready to explode golden

Cryptocurrency Investor Gives “13 Reasons Why” EOS Is a Disaster

October 12, 2018 by Nigel Dollentas at Altcoins, Blockchain, News, Platform, Tech

Esteemed blockchain investor James Spediacci took to Twitter on October 9th, 2018, and discussed numerous reasons why the cryptocurrency EOS is a “disaster.” EOS has gotten a lot of attention and hype lately due to possibilities of Coinbase listing its token. The network is the world's fifth largest with regards...

Deep Dive into Futarchy

October 12, 2018 by Pratik Makadiya at Blockchain, Cryptocyclopedia, Guides

In Aristotle’s words “Democracy is when the indigent, and not the men of property, are the rulers.” The statement was powerful and highlighted that what lies at the core of democracy is the opinion of the people who are all identified equally. Countries around the world follow the democratic form...

GMO Internet Set to Launch Yen-Backed Stablecoin “GMO Japanese Yen” in 2019

October 11, 2018 by Priyeshu Garg at Altcoins, Blockchain, Finance, News, Platform, Tech

Japanese IT giant, GMO Internet has made its entry into the stablecoin space, with plans to launch a yen-pegged cryptocurrency in 2019. In an announcement on October 9, 2018, the company said that it would begin full-scale preparation to issue the stablecoin - GMO Japanese Yen (GJY) - as it...

Blockstream Launches the Liquid Network, Bitcoin’s First Sidechain

October 11, 2018 by Alex Lielacher at Bitcoin, Blockchain, News, Platform, Tech, wallet

Blockstream has announced the launch of the Liquid Network, the world’s first production Bitcoin sidechain. The bitcoin startup revealed that the network went live on September 27, 2018. The announcement was made by Blockstream’s Chief Strategy Officer Samson Mow. Years in the Making The Liquid Network is the culmination of...

New “Lightweight” Cryptocurrency Coda Will Allow Users to Run Nodes in Their Browsers

October 11, 2018 by Alex Lielacher at Altcoins, Blockchain, News, Platform, Tech

A new project called Coda is developing a cryptocurrency that will be able to remain decentralized at scale by compressing its blockchain so that users can run nodes in their browsers. Should Coda become a success, this could usher in a new area of decentralization and scalability for future cryptocurrency...

British Telecom Operator Ofcom to Leverage Blockchain Technology for Landline Numbers

October 11, 2018 by Pratik Makadiya at Blockchain, Business, Finance, News, Tech

United Kingdom-based telecom regulator Ofcom has received 700,000 Sterling Pounds (nearly $1 million) from the Department of Business, Energy and Industrial Strategy to explore how landline numbers can be better managed using blockchain technology. Porting Issues to Disappear With Blockchain Tech According to a press release issued by the regulator,...

SpankChain Gets “Spanked;” Loses 165 Ether in Smart Contract Hack

October 11, 2018 by Alex Lielacher at Altcoins, Blockchain, Crime, News, Platform, Tech

The adult entertainment blockchain platform SpankChain fell victim to a hack that cost the startup 165.35 ETH, worth $38,000 at the time, and froze around $4,000 worth of BOOTY tokens. SpankChain Smart Contract Hacked SpankChain announced in a blog post that its smart contract had been hacked over the weekend...

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