Month: August 2018

Happy birthday, bitcoin cash. Tuesday marks the one year anniversary of the first block on the crypto protocol that split from the bitcoin network, now the fourth largest by total value, after a years-long disagreement about the course the cryptocurrency should take. For supporters, the main goal for the competing protocol was increasing the block size to allow more transactions, and in turn more users, all in an effort to make cryptocurrency competitive with more traditional payment rails. But whether or Read more …

Mining Blockstream, one of the largest Bitcoin Core funding contributors, has evidently bought a lot of cryptocurrency mining equipment from the Chinese electronics hardware manufacturer Innosilicon. Does this mean that the company is setting up its own mining center? Also Read: Thomson Reuters Eikon to Display Data on 50 Cryptocurrencies From Cryptocompare Blockstream Buys Mining Equipment Publicly available international shipping data (a bill of lading) reveals that a large amount of Innosilicon mining rigs has been imported from China to Read more …

In what seems like an apparent attempt to attract the growing cryptocurrency investors base, Thomson Reuters (NYSE: TRI) will now start feeding data of the 50 cryptocurrencies like bitcoin and ethereum into its financial desktop platform, Eikon. Thomson Reuter’s Eikon provides real-time and historical data from mainstream markets. The platform has more than 190,000 subscribers, including professional traders and institutional investors, who turn to its award-winning news, analytics, and data visualization tools to locate profitable trading opportunities and to minimize Read more …

South Korean authorities are investigating a crypto investment scam involving the Seoul-based Shinil Group as the key figure, Korea JoongAng Daily reported July 31. Shinil Group (Shinil) allegedly promised to pay investors in gold from a sunken Russian shipwreck. Earlier this month, Shinil announced it had found the Dmitrii Donskoi, a Russian armored cruiser that sank 113 years ago, according to Reuters. The company claimed that the ship was loaded with 150 trillion won ($131 billion) worth of gold. To Read more …

Featured Motherboard has reportedly obtained court documents pertaining to the arrest of Joel Ortiz, a 20-year-old from Boston, who is accused of stealing $5 million USD in bitcoin and other cryptocurrencies. Mr. Ortiz and his currently unidentified accomplices stole crypto from roughly 40 victims through a hacking technique known as “SIM jacking.” Also Read: Archaeologists Argue Micronesian Stone Money Comprises Bitcoin Predecessor 20-Year-Old Arrested For Part in Theft of $5 Million in Crypto It has been reported that on the 12th Read more …

Jun Hasegawa, the founder and CEO at OmiseGo, a billion dollar blockchain network launched on top of the Ethereum protocol, has outlined the future of Ethereum and the roadmap of its growth over the next two years. Massive Scaling and Adoption by 2020 2017 was a year of speculation for both Ethereum and projects launched on top of the public blockchain protocol. Initial coin offerings (ICOs) and token sales garnered billions of dollars per quarter, exceeding the amount of money Read more …