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cryptocurrency September 21, 2018

September 21, 2018 9:16 PM Advertisements The US Navy wants a blockchain platform that can handle huge data sets. The US military is very often on the front lines when it comes to finding use cases for emerging technology. In line with this tradition, the Naval Air Systems Command (NAVAIR) is looking into blockchain technology […]

cryptocurrency September 21, 2018

September 21, 2018 8:26 PM Advertisements The Fair Political Practices Commission considered several possibilities that would have allowed cryptocurrency donations to political candidates, but ultimately rejected them all. The California Fair Political Practices Commission recently decided that political candidates in the state cannot receive cryptocurrencies as campaign contributions. To make its decision, the commission was […]

cryptocurrency September 21, 2018

September 21, 2018 9:38 PM Advertisements A test implementation of the programmatic proof-of-work algorithm should hit the Geth client soon. The EOS Classic team recently tweeted that programmatic proof of work (ProgPoW), a proposed algorithm to close the ASIC mining rig efficiency gap, is “almost ready” on Geth, the official Go client for Ethereum. This […]

cryptocurrency September 20, 2018

September 20, 2018 10:57 PM Advertisements After partnering with blockchain startup Coinfirm earlier in the year, the Polish bank will use blockchain technology to issue customer notifications about its product terms. In one of the first consumer banking blockchain utilizations of its size, PKO Bank Polski will use blockchain technology to notify more than five […]

cryptocurrency September 20, 2018

September 20, 2018 8:50 PM Advertisements In a report released Tuesday, the attorney general of New York had some harsh words for cryptocurrency exchanges. Two that were called out have responded. Earlier this week, the New York attorney general’s office (OAG) released a report produced in conjunction with its Virtual Markets Integrity Initiative, which investigated […]

cryptocurrency September 20, 2018

September 20, 2018 10:00 PM Advertisements After speaking with the blockchain space’s own OhGodAGirl, the Go Ethereum core developer now supports the adoption of a programmatic proof-of-work algorithm for Ethereum. Although initially skeptical, Nick Johnson of the Ethereum Name Service and Go Ethereum recently tweeted his support for programmatic proof-of-work (ProgPoW), an “algorithm designed to […]

cryptocurrency September 20, 2018

September 20, 2018 10:11 PM Advertisements Described as a “cross-blockchain liquidity network,” Bancor, begun on Ethereum, is now on EOS, potentially enabling transactions between the two blockchains. On Wednesday, Bancor announced it was porting its protocol onto the EOS network. In a post on Medium, the company wrote, “Having initially built Bancor on the Ethereum […]

cryptocurrency September 20, 2018

September 20, 2018 6:39 PM Advertisements The Committee on Ways and Means of the US House of Representatives recently sent a letter to the Internal Revenue Service (IRS) urging the tax collection agency to update its cryptocurrency guidelines. Addressed to the IRS’ acting commissioner, David Kautter, the letter notes that the agency’s enforcement activities have […]

cryptocurrency September 19, 2018

September 19, 2018 11:58 PM Advertisements Commodity traders, including Shell and Mercuria, are collaborating with a number of international banks to create a blockchain-based trade finance platform they hope will become the standard for the commodity trading industry. Based in Geneva, komgo SA is an Ethereum-based ConsenSys development that has grown out of the Easy Trading […]