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Survey Suggests 300 Percent Rise in Cryptocurrency Adoption in Ireland

June 14, 2018 by contributor at Altcoins, Business, News

A report by The Irish Times on June 11, 2018, suggested a 300 percent increase in the number of Irish citizens owning a cryptocurrency in 2018, compared to 2014 statistics. Irish Citizens “Curious” About Cryptocurrencies The study suggested that over 120,000 citizens are officially holding bitcoins or altcoins, in addition...

Bitcoin, Ethereum, Ripple Make the List of Thailand’s “Approved Cryptocurrencies”

June 14, 2018 by contributor at Altcoins, Bitcoin, Finance, News

Thailand’s Securities and Exchange Commision unveiled the details of the country’s regulatory framework for digital assets and initial coin offerings (ICOs). The paper includes relevant fees, taxes, licensing requirements, and most importantly - seven approved cryptocurrencies. Thailand’s Cryptocurrency Push According to a Bangkok Post report on June 9, 2018, the...

Want to Get into the Bitcoin Gold Rush? Sell Shovels

June 13, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News

A new wave of cryptocurrency startups and businesses are experiencing rapid growth by targeting the more familiar end of the cryptocurrency value chain in a reprisal of the famed "49er" model of entrepreneurship. Businesses are creating value from the cryptocurrency boom without necessarily trading, holding or creating any cryptocurrencies. While...

Coinbase Announces Support for Ethereum Classic

June 13, 2018 by Priyeshu Garg at Altcoins, Ethereum, News

In significant development, Coinbase was “pleased to announce” support for Ethereum Classic (ETC) "in the coming months." Wind in ETC’s Sails The announcements come a time when ETC continues to perform well regarding market capitalization, with the announced bound to put more wind to its sails. At press time, ETC...

Hackers Steal Over $20 Million of Ethereum After Exploiting Port 8584

June 13, 2018 by contributor at Blockchain, Ethereum, News

Chinese cybersecurity Qihoo 360 Netlab confirmed a group of hackers were successful in stealing $20 million from exposed Ethereum-based mining rigs and dApp. Ethereum dApps Exposed As per a report on Bleeping Computer, the thefts occurred after a Remote Procedure Call (RPC) was exposed on port 8545 on Ethereum software...

Sports Betting to Meet Cryptocurrencies in FIFA World Cup 2018

June 12, 2018 by Pratik Makadiya at Altcoins, Blockchain, Entertainment, Ethereum, News

While the world stirs with excitement for the FIFA World Cup 2018, cryptocurrency developers are going to great lengths to build applications for capitalizing on the football fever. Ether up For Grabs According to a report on Forbes, the World Cup 2018 will witness a blockchain-based betting game built to...

Civil Foundation Appoints Inaugural CEO, Vivian Schiller

June 12, 2018 by Cindy Huynh at Altcoins, Blockchain, Ethereum, News

Vivian Schiller, a former media executive at NBC News, NYTimes, has been appointed as the inaugural CEO of the Civil Foundation, an independent, third-party organization responsible for working with the community on the evolution of the Civil Constitution and Civil's self-governance model. Responsible Journalism on the Blockchain The Civil Foundation...

Grab Partial Ownership of the Andy Warhol Artworks for Cryptos

June 11, 2018 by Pratik Makadiya at Bitcoin, Entertainment, Ethereum

The cryptocurrency sector will witness a noteworthy development this month. The London Art Gallery will auction Andy Warhol’s paintings in exchange for bitcoin (BTC) and ether (ETH). Amidst all the blockchain developments taking the world by storm, auctioning an artwork for cryptocurrency at a high-profile event is amongst the first...

Fidelity May Launch Cryptocurrency Exchange but Quietly Shuts Down Cryptocurrency Fund

June 10, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News, Regulation

Fidelity Investments is facing roadblocks on its way to being a digital currency player. While reports on June 5, 2018, suggested the institutional heavyweight is intent on building a cryptocurrency exchange, an additional report confirmed the firm’s closure of their much-celebrated cryptocurrency fund. Fidelity’s Cryptocurrency Exchange Push Fidelity has been...

Thanks to another Bug in Parity, a User Accidentally Freezes up to a Million of other People’s Ether

Major Bug in the Parity Ethereum Client Could Have Caused the Mainchain to Split

June 9, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Ethereum, News, Tech

Another bug has been discovered in the Parity Ethereum client according to a blog post made by the developers on June 6, 2018. Reacting swiftly to the development, the technical staff have already released a patch and fixed binaries for users to download. The bug would result in nodes falling...

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