Viola.AI, AI Singapore and Singapore Management University Announced Strategic Partnership to Develop Robust AI Matching and Recommendations Engine for World’s First Lifelong Love AI

SINGAPORE, 8 June 2018 – Viola.AI, the blockchain-powered dating and relationships AI has announced its strategic partnership with AI Singapore, a Singapore government initiative to catalyse, synergise and boost the nation’s AI capabilities, and Singapore Management University (SMU) to provide dating and relationship solution for singles, couples and married couples with quality matches, date arrangements, helpful relationship advice and recommendation of goods and services. Viola.AI is the latest product by Singapore’s home-grown 14-year-old dating company Lunch Actually Group. Co-founders Violet Read more …

Ethereum Price Dips Below $500 as Bitcoin Nears 2018 Low

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! The cryptocurrency market took another downward turn on Tuesday, driving the ethereum price below $500 and the bitcoin price one step closer to its year-to-date low. The majority of large cryptocurrencies had entered the day on a slight upswing, enabling them to regain a small amount of the ground that they lost when “Bloody Sunday” wiped $40 billion off the cryptocurrency market cap. However, Read more …

The Cryptocurrency Market Needs a Solution to the Hacking Menace

The Coinrail hack of June 10, 2018, led to the theft of more than $40 million in cryptocurrency. Although not one of the more prominent exchange platforms, the Coinrail hack is yet another reminder of the tenuous nature of the emerging digital currency landscape. More Hacking Incidents in 2018 According to CryptoAware, more than $670 million was lost due to cryptocurrency hacks in the first quarter of 2018. This figure has risen to $1.1 billion in the second quarter of Read more …

Bitcoin’s Price Slides Below $6.5K to Hit 70-Day Low

The price of bitcoin, the world’s largest cryptocurrency by market capitalization, fell to its lowest point since April 1 on Tuesday. Bitcoin’s value slid to $6,455.92 during the afternoon trading session, dropping more than $280 in the span of two hours, according to data from CoinDesk’s Bitcoin Price Index. This represents the lowest figure since the start of April when the BPI registered a low of $6,443. The charts suggest a support of $6436 – if current levels are broken, the Read more …

Japanese Police Investigates Individuals Alleged to be Involved with Cryptojacking

Authorities in Japan are investigating a number individuals who are alleged to have duped website visitors into mining cryptocurrency for them without their permission. If charges are pressed, it will be the first time that cryptojacking has become a criminal case in the nation. CoinHive Uses the Computers of Others to Mine Cryptocurrency The law that the individuals are thought to be in breach of bans the use of computer viruses in Japan. The investigation is being carried out by Read more …

Fidelity is Looking for a New Fund Manager to Run Cryptocurrency Fund

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Fidelity Investments has reportedly paused operations with its much-celebrated cryptocurrency fund after the reported departures of key members. Fidelity launched a cryptocurrency-focussed investment fund in 2017. The firm made use of extra funds, after a careful settlement of the balance sheet, to invest in the high-risk, high-return asset class. However, a report on June 9, 2018, indicated the small fund is not currently operating after Read more …

Satoshi’s Place Is the New Battleground for Bitcoin Core and Cash Supporters

Services There aren’t many things that bitcoin core and bitcoin cash supporters can agree on. If the two camps were a couple, they could reasonably be described as having irreconcilable differences. When Satoshi’s Place, a virtual graffiti wall powered by the Lightning Network (LN) sprang up, it was inevitable that the BTC and BCH factions would grab their spray cans and start a turf war. The results are amusing to say the least. Also read: Twitter Experience Worsens, Ether Fake Giveaways Read more …

South Korean Banking Group to Launch Blockchain-Powered ID Verification Platform

A group of South Korean commercial banks will launch a blockchain-powered customer ID verification platform in July 2018, local news outlet Korea JoongAng Daily reports today, June 12. According the report, the Korea Federation of Banks (KFB) will launch their “BankSign” identity verification system to be used in both online computer-based and mobile banking.  According to Korea JoongAng Daily, the move is intended to replace the 20-year old public verification system that is reportedly notorious for its complexity and inefficiency. Read more …

Blockchain Startup VeChain and Deutsche Bahn Develop DApp for China’s Logistics Industry

Singapore-based blockchain startup VeChain (VEN) and global logistics provider DB Schenker have co-developed a blockchain-based supplier evaluation system, according to a VeChain Foundation post published today, June 12. A new decentralized application (DApp) will use the VeChainThor blockchain to score DB Schenker’s third-party logistics partners in China based on collected data –  the result being an evaluation for services such as packaging, transportation, and the quality of goods. The Vechain Foundation claims that the DApp is the first ever implementation Read more …

Colombian Banks Shut Down Buda Crypto Exchange Accounts

Colombian banks have closed all the accounts of South American cryptocurrency exchange Buda.com without warning or explanation. The company experienced a similar issue in Chile some months back, where several banks decided to close its account along with those of several other exchanges. According to local news, the move by the Colombian banks was unexpected, and the banks didn’t disclose why it was closing the accounts. Buda.com sent an email to its customers where it explained the problems it was Read more …

Apple Prohibits Crypto Mining in Apps with New Guidelines

As crypto mining through apps becomes more prevalent Mac has had to address it in the release of their new guidelines. Mac Prohibits App Mining in New Guidelines Crypto mining is way up in 2018 with a reported 4000% increase in Q1. Most of the of the drive by mining malware and techniques can be found on Android and PCs. However, a program called mshelper was found earlier this year which was sucking up processing power and overheating fans and Read more …

Why Coinbase Added Ethereum Classic Ahead of Ripple & Other Tokens

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Coinbase, the biggest cryptocurrency exchange, brokerage, and wallet based in the US, integrated Ethereum Classic on June 12 ahead of other major cryptocurrencies such as Ripple and EOS. The community was taken aback by the abrupt decision of Coinbase to add ETC to its platform, given that it is the 18th most valuable cryptocurrency in the global market and there are more than a Read more …