Category: Cryptocurrency News

Join our community of 10 000 traders on Hacked.com for just $39 per month. Say what you will about their position, but the developers of Monero are sticking to their guns. Over the weekend, Riccardo Spagni — lead maintainer of the privacy-centric cryptocurrency — released Lithium Luna, the latest version of the Monero source code. The update itself was planned, but included in the software is an emergency provision intended to prevent ASIC miners from operating on its network, which Read more …

p.p1 {margin: 0.0px 0.0px 8.0px 0.0px; font: 11.0px ‘Trebuchet MS’; color: #000000; -webkit-text-stroke: #000000}span.s1 {font-kerning: none}span.s2 {text-decoration: underline ; font-kerning: none; color: #0563c1; -webkit-text-stroke: 0px #0563c1} In case you hadn’t noticed, identity management is broken. We have been looking for ways to prove that we are who we say we are quickly and safely for years, and it isn’t working. It’s one problem that the Cupertino, California-based blockchain technology startup ShoCard is hoping to solve.Passwords are toxic, and two-factor authentication Read more …

Two former employees of Crimea’s Council of Ministers have been fined 30,000 rubles ($525) each for mining bitcoins on the Council’s computer network, Russian media outlets reported Monday. As previously reported by CoinDesk, the unidentified workers were fired in late September 2017. Mining is an energy-intensive process through which new transactions are added to the blockchain, simultaneously rewarding miners with new coins for their efforts. The mining allegedly took place from September 2016 through January 2017, and resulted in 15,000 rubles Read more …

Deutsche Börse Group, a German marketplace for securities trading, will release a Blockchain-based platform for securities lending in collaboration with HQLAx using R3’s Corda Blockchain platform, the company announced in a press release today, March 26. Finance Magnates writes that the partnership will create a “fully integrated front-to-back operating model” in order to “facilitate more efficient collateral management of high-quality liquid assets.” According to Philippe Seyll, the Executive Manager at Deutsche Börse Group, the collaboration between the German securities trading Read more …

In case you hadn’t noticed, identity management is broken. We have been looking for ways to prove that we are who we say we are quickly and safely for years, and it isn’t working. It’s one problem that the Cupertino, California-based blockchain technology startup ShoCard is hoping to solve. Passwords are toxic, and two-factor authentication is a cumbersome bandage that doesn’t solve the underlying problem: Once we hand over our sensitive data to a third party, we no longer control Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. Earlier this week, a Dutch court described bitcoin as a transferable value during a case that requested Koinz Trading BV to pay mining proceeds worth $5,000, or 0.591. The court explicitly stated that property rights apply to bitcoin, given that as a cryptocurrency, it is able to transfer value in a peer-to-peer manner. The court went on to note that the cryptocurrency is a legitimate transferable Read more …

Wall Street firm Susquehanna has changed the rating of semiconductor firm AMD from neutral to negative and lowered the price forecast for shares in GPU processing manufacturer Nvidia, citing the rising competition from Bitmain’s Ethereum (ETH) mining ASICs, CNBC reports today, March 26. Susquehanna analyst Christopher Rolland told clients in a note that Bitmain will be shipping an ASIC for mining ETC starting in the second quarter of 2018, adding that although “Bitmain is likely to be the largest ASIC Read more …

Tradewind, a spinoff from stock trading firm IEX, has launched a blockchain-powered gold trading platform. The firm, whose principals were the subject of the best-selling book “Flash Boys,” kicked off its VaultChain platform last week. As previously reported, the company is working with major companies like the Royal Canadian Mint and gold giant Sprott Inc. The effort is the latest to bridge the technological underpinnings of cryptocurrencies in a gold-trading environment. The company dates back to 2016, pursuing an effort Read more …

Tradewind, which is backed by stock trading firm IEX, has launched a blockchain-powered gold trading platform. The firm, whose president and co-founder was a subject of the best-selling book “Flash Boys,” kicked off its VaultChain platform last week. As previously reported, the company is working with major companies like the Royal Canadian Mint and gold giant Sprott Inc. The effort is the latest to bridge the technological underpinnings of cryptocurrencies in a gold-trading environment. The company dates back to 2016, Read more …

The CEO of the Chinese fintech giant Ant Financial Services Group Eric Jing has called Blockchain “the cornerstone of trust for the digital society in the future,” speaking at China’s annual Development High-Level Forum, local news outlet The Paper reports Sunday, March 25. In his speech during the forum that took place March 24, Jing said that he is optimistic about the long-term prospects of Blockchain. However, he also claimed that the technology is not yet fully prepared for a Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. Cryptocurrency proponents and skeptics alike have compared the nascent asset class to digital baseball cards, so it makes sense that the world’s highest-grossing baseball card auction will accept Bitcoin as payment. The seller is Evan Mathis, a former lineman who played 13 seasons in the National Football League (NFL), and the item is a 1952 Topps Mickey Mantle, graded Mint 9 by memorabilia authenticator PSA. The Read more …