If a series of high-profile vulnerabilities weren’t enough to persuade you that today’s smart contracts are insecure, a group of computer scientists that have been researching them since the 1980s just might. Announced Monday, computer scientists Mark Miller, Dean Tribble, Brian Warner and Bill Tulloh have launched a new startup, Agoric, to develop a secure, blockchain-agnostic programming […]
A Japanese financial watchdog has apparently pushed cryptocurrency trading platforms operating in the country to stop allowing customers to trade in several privacy coins. UPDATED | May 21, 2018: The cryptocurrency exchange Coincheck, which was recently acquired by the Monex Group, has announced that effective June 18, it will no longer support the trade of […]
Operation Cryptosweep has targeted nearly 70 fraudulent ICOs and crypto-related investments products since May 1. UPDATE | May 23, 2018: Jay Clayton, chairman of the US Securities and Exchange Commission (SEC), yesterday endorsed NASAA’s Operation Cryptosweep. In a statement, Clayton said: “I applaud our fellow regulators in the United States and Canada who are coordinating […]
Russia’s Justice Minister gives cryptocurrency a legislative definition in an attempt to clarify current regulations. Russia has had a tumultuous relationship with cryptocurrency in the past, but on Friday, the Russian government took what could be a big step towards defining what cryptocurrency is, and how it will be used. Surprisingly, it was an October […]
The largest bank in Japan will begin testing of proprietary cryptocurrency by 2019, top 5 cryptocurrency price changes, and more! Mitsubishi UFJ Financial Group, Inc, the largest bank in Japan, announced will begin testing a proprietary cryptocurrency, called MUFG Coin, by 2019. Image from rawf8. Largest Bank in Japan to Begin Testing of Proprietary Cryptocurrency by 2019 Mitsubishi […]
Today ETHNews concludes this series, which has examined several proposed solutions for making blockchain technology more powerful. This article, the last in a series of three, provides a brief overview of some of the off-chain instruments that developers are building in order to scale blockchains. Be sure to go back and read part one and […]
Wall Street Journal finds many ICOs with red flags, Tel Aviv Stock Exchange building blockchain securities lending platform, top 5 cryptocurrency price changes, and more! The WSJ found that 271 of 1,450 ICOs they examined have red flags indicating the project may be fraudulent. Image from Rawpixel.com. Wall Street Journal Completes Study on Over 1,000 ICOs, […]
Ledger Atlas, a blockchain firm recently launched by mentees of billionaire venture capitalist Tim Draper, has signed an agreement to “develop and operate” a special economic zone in Papua New Guinea. A US-based blockchain company has signed a Memorandum of Understanding (MoU) stating that it will operate and devise the rules for a soon-to-be-established special […]
In Today’s Crypto Minute: The SEC tries to scam ICO investors, Golem CEO raves on Ethereum, and Thailand successfully regulates the crypto market. HoweyCoins…seems legit! SEC Created its Own Scammy ICO to Teach Investors a Lesson According to theverge, the SEC has set up its own ICO to try to lure unsophisticated investors into purchasing its fake […]
Bitcoin mining is potentially lucrative, but it’s also increasing the world’s energy consumption. This week, economist Alex de Vries published some eye-popping estimates. In a society concerned with energy conservation and the human toll on our environment, the energy consumption required to successfully mine bitcoin is a rising concern. On May 16, economist Alex de […]
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