Blockchain Cryptocurrency News Ethereum

Ethereum 2.0 Has Made Some Critical Advances

The deposit smart contract for Ethereum 2.0 has completed formal verification and audit of the bytecode. Continued optimizations to ETH 2.0’s beacon chain are also underway.  Ethereum 2.0 is Getting Closer to Reality Formal Verification (FV) is essential to production software development. FV is a method of analyzing the code semantics to make sure they Read more…

blank
Blockchain Cryptocurrency News

Sony Invests in Security Token Platform Securitize

Japanese multinational group Sony has invested in Securitize through its venture capital fund SFV・GB L.P, which is co-managed by Sony Financial Ventures (SFV) and Global Brain. Securitize is a blockchain-oriented firm that helps businesses issue compliant security tokens. Sony Joins Nomura, MUFG, and Santander to Invest in Securitize The latest investment by SFV・GB an extension Read more…

blank
Blockchain Cryptocurrency News Ripple

US Congress Mentions XRP and Ripple During Tech Discussion

The US congress had a hearing about non-cash payment technologies yesterday. During the discussion, Tom Emmer, the Chair of the National Republican Congressional Committee, mentioned Ripple (XRP) among several other cryptocurrencies. Ripple Fans Get Excited [embedded content] US representative Tom Emmer of Minnesota’s 6th District addressed a panel of payments industry leaders yesterday at the Read more…

blank
Bitcoin Blockchain Cryptocurrency News

BigTech Companies See Bitcoin Technology as Empowering

Social media giants are no longer opposing the power of decentralization and bitcoin technology. Instead, they are embracing it to solve the problems of a centralized Internet and put the power back in people’s hands. Bitcoin Decentralization ‘could unload some of their burdens.’ Since Bitcoin’s inception, many in the financial and technology sectors saw Bitcoin Read more…

blank
Blockchain Cryptocurrency News

Will China Win the Blockchain Race Leaving the US Behind?

China is the clear blockchain tech leader at the moment and the US is in danger of missing out entirely if it doesn’t even get off the starting line. China Leading the Way There have been no mistaking China’s intentions when it comes to blockchain technology. President Xi Jinping’s public endorsement of digital ledgers sent Read more…

blank
Blockchain Cryptocurrency News

North Korean Crypto Social Media Monitoring on the Rise

Recent reports by the South Korean press warned that North Korea might be expanding its crypto social media monitoring.  Yesterday’s report by NK Economy claims that North Korean firm Marine Chain is actively keeping an eye on leading names in the crypto and blockchain space This would not have mattered for most other companies, but Read more…

blank
Blockchain Cryptocurrency News

Just In: British Virgin Islands Launch Own Digital Currency

The government of the British Virgin Islands (BVI) is about to announce the details of its own digital currency. The project is developed in partnership with blockchain-oriented startup LIFElabs.io. BVI’s Digital Currency to Replace USD More governments are turning to proprietary digital currencies over the last year than ever before. China and the Marshall Islands Read more…

blank
Blockchain Cryptocurrency News

What is Blockchain Technology? How Secure is it?

Bitcoin’s inception in 2009 introduced the concept of hard money to the world. A peer-to-peer financial settlement system which is free from centralized control. It also gave an insight into a system that democratizes data storage – blockchain. It is called today is the bedrock on which Bitcoin functions.  Made up of two words, ‘block’ Read more…

blank
Bitcoin Blockchain Cryptocurrency News

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto

China’s recent crackdown on cryptocurrencies may have caused Bitcoin whales to move huge quantities of BTC.  China’s recent praises of blockchain technology do not seem to extend to Bitcoin and cryptocurrencies, as the country’s central bank launched another crackdown on crypto. The People’s Bank of China warned that ‘illegal actions’ involving digital assets would not Read more…

blank
Bitcoin Blockchain Cryptocurrency News Ethereum

What is Ethereum, and how does it work?

Ethereum is second to Bitcoin on the cryptocurrency market rankings. But what is it? What powers the second most valuable blockchain? How does it function?  In this digital age, we are dependant on the internet for almost all aspects of our personal and professional lives. But is the internet functioning today in-line with the ideals Read more…