Tag: blockchain technology

Siafund, the pre-mined security token of the Sia network has been on sale since April 16, 2018. The event is open to people in Australia, Canada, France, Germany, Israel, Russia, United Kingdom and the United States. A maximum of 750 Siafund tokens are up for this crowdsale, and the total supply of Siafund is capped at 10,000 tokens. Siacoin and…

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In recent times bad actors have taken advantage of the largely unregulated nature of the entire digital currency industry to lance their scam. Amidst this backdrop, the United States Securities and Exchange Commission (SEC) has not been taking these attempts lightly. However, some heavy-hitting VC firms in Silicon Valley have urged the regulatory watchdog to soften its harsh grip on…

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In an interview with the Hong Kong Economic Journal, NEO founder Da Hong-fei said that the China cryptocurrency regulation has been effective at eradicating the scams and fraudulent ICOs that trouble the market. Bubble of Innovation Hong-fei founded NEO in 2014, long before the frenzy of unregulated Initial Coin Offerings (ICOs) hit the crypto markets, which has caused growing concerns…

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It is common knowledge that mining is becoming less profitable for smaller operations. Miners that have set up small to medium scale mining infrastructure are quickly finding out the infeasibility of their operation due to electricity costs and a declining market. Cost of Bitcoin Mining for Small Users To ensure profitability, miners have to buy more powerful hardware chips. However,…

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According to recent reports, the hackers responsible for the January 2018 NEM heist from the Coincheck cryptocurrency exchange platform may have successfully laundered all their stolen NEM coins (XEM). Laundering the Loot In March 2018, BTCManager reported that the Coincheck hackers were laundering their loot on dark web cryptocurrency exchange platforms. At the time of the report, it was believed…

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The increase in the price of bitcoin and ether wasn’t the only major headline in the cryptocurrency space in 2017. Initial Coin Offerings (ICOs) also became a major part of the scene. These ICO campaigns collectively raised more than $5.6 billion in 2017, and already, more than $3 billion has been allocated to projects in 2018, according to ICODATA, an…

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Ever since the rise of cryptocurrencies, evangelists, and crypto believers have spoken far and wide of the benefits of a peer-to-peer, decentralized, and globally accepted currency. But, one aspect remains mostly unanswered: The price volatility. What Is a Stablecoin? Perhaps the one thing that hinders bitcoin from being widely used is the considerable price volatility with which it comes. No…

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The National Institute for Transforming India, popularly known as the Niti Aayog, is in the process of creating a blockchain-based tool for tracking the inventory of drugs within the country. According to a Factor Daily report dated April 9, 2018, the Indian policy think tank wants to use blockchain technology to weed out illegal medicines that are manufactured every year…

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ASX-listed IOT Group partnered with Hunter Energy through a binding agreement to develop a Blockchain Application Center adjacent to a power station. The Initiative is to explore and gain exposure to the rapidly growing area of the Internet of Things (IoT). Blockchain Application Center Initiative Hunter Energy is currently working to recommission a Redbank power plant near Singleton, Australia with…

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During a joint interview at the TrailheaDX Salesforce Developer Conference on March 28, 2018, Salesforce CEO Marc Benioff and co-founder Parker Harris revealed that they are currently working on a new blockchain-based product. Strategic Importance for Salesforce’s Product Lines Benioff mentioned that by having a simple conversation at a cryptocurrency conference, he began to think more deeply about Salesforce’s role…

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