If organizations could only augment blockchain’s strengths—its immutability, security, and decentralization—while addressing its latency and scalability issues, it could become the vaunted enterprise tool it was initially intended. That day will soon…
Categorie: CryproSlate
Are Regulators Dividing in Order to Conquer?
As regulators are now seemingly dividing the markets geographically, are they perhaps even disturbing a possible level playing field of the markets? It, therefore, warrants a closer look at regulators, and—perhaps more…
Interconnecting Blockchain Project ICON Makes a Push Towards Decentralizing Its Nodes
ICON recently announced its major decentralization initiative. The plan will elect twenty-two node operators that will produce blocks, verify transactions, and participate in consensus. History of ICON ICON aims to design an…
How to Put Crypto In Everyone’s Pocket in 2019
In the same way all economic movements have done throughout history, blockchain finance challenges our traditional conceptions of ‘value,’ and, in turn, our ideas about identity and freedom. The new digital economy…
Custody or Convenience: BitGo Offers Cold Storage Cryptocurrency Trading
There are tradeoffs between centralization and convenience in cryptocurrency trading. BitGo has partnered with Genesis Global Trading Inc. to introduce a new method for exchanging funds offline that could offer greater flexibility…
Venezuela Could Set New Precedent for Bitcoin as a Medium of Exchange
Hyperinflation in Venezuela is estimated to have reached a boggling 1.3 million percent in 2018. To reconcile runaway prices, the wealthy and the technologically savvy have turned to the stock market and…
Wyoming Paves the Way in Blockchain Legislation–Issues New Bill for Tokenizing Stocks
Wyoming continues to spearhead blockchain adoption with House Bill 0185. The bill, scheduled for July 1st if passed, permits corporations to issue blockchain-based stock certificate tokens. This bill is just one in…
ICO Firms Paid Themselves $24 Billion Absent of Accountability or Much Effort
A BitMex report highlights the egregiousness of the ICO craze of 2017. Cryptocurrency companies were able to raise millions absent of accountability and with little work, and at the expense of likely unsophisticated buyers….
Coinstar Kiosks Across the United States Will Now Sell Bitcoin, at a Hefty Fee
The same bulky coin-counting machines that turn spare change into bills can now turn bills into bitcoin, at a price. Coinme, a Seattle-based Bitcoin ATM company, has partnered with Coinstar to enable…
Not All Blockchains are Born Equal: Finding the Right Consensus Algorithm
Information about consensus algorithms is hard to find, even though they form the backbone of blockchain technology. These algorithms are vital to ensuring that distributed ledgers run smoothly, and without them, a…
Binance Opens Fiat-to-Crypto Outpost to Target the UK and Europe
Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has taken another big step in its growth by launching a new fiat-to-crypto exchange. The exchange was opened on the self-governing island…
Binance Freezes Hacked Cryptopia Funds, Raises Questions Around Cryptocurrency Fungibility
Part of the funds from the Cryptopia hack were recently sent to the Binance cryptocurrency exchange. In response, Changpeng Zhao (CZ), the CEO of Binance froze the funds, raising questions around cryptocurrency’s…
Denmark Gains Access to Sensitive User Data on Domestic Cryptocurrency Exchanges for Taxation
The battle between tax authorities and cryptocurrency users took a turn in favor of the tax collectors. This month, Denmark’s tax authority won permission to start collecting private user information related to…
Stable Coins: Are They All Hype?
With cryptocurrency’s inherent uncertainty, users are searching for something that could bring back much-needed stability and mitigate price fluctuations. In the search, one concept continues to gain traction: stable coins. These are…
Bakkt Acquires Established Futures Brokerage to Strengthen Bitcoin Offering
Coming Bitcoin futures exchange Bakkt announced Monday the acquisition of an independent futures commission merchant for an undisclosed amount. The move aims to augment Bakkt’s services for institutional investments in cryptocurrency assets….
Cryptopia Suffers Catastrophic Hack, Evidence Suggests Over $2.5 Million Ethereum Stolen
New Zealand-based Cryptopia is the first cryptocurrency exchange to get hacked in 2019. Estimates of the damage range between $2.5 to $3.5 million; The attack was confirmed in the late hours of Jan….
Ethereum Constantinople Fork Delayed After Detecting Introduced Smart Contract Vulnerabilities
A security firm identified a vulnerability introduced by the planned Jan. 16th Constantinople hard fork, compelling the core Ethereum developers to issue an emergency postponement. On Jan. 15th, 2019, ChainSecurity—a smart contract…
Gemini’s Winklevoss Twins Believe Bitcoin’s Future Lies in Regulation
Bitcoin evangelists and Gemini founders Tyler and Cameron Winklevoss believe cryptocurrency has a “bright future,” given banking-style regulations are applied to the burgeoning sector. In an interview with Fortune on Jan. 13,…
New Pirate Bay Malware Replaces Bitcoin and Ethereum Addresses, Alters Google Search Results
A new virus making the rounds is embedding nefarious code in a victim’s computer to extract cryptocurrencies, deceptively altering search results to scam users into parting with their digital assets. As reported…
Justin Sun’s Rebuttal to Criticisms About TRON’s Integration with BitTorrent
Justin Sun rebutted claims by a former BitTorrent executive who said that tokenizing BitTorrent’s economy on Tron would “literally destroy it.” Speaking to Breaker Magazine, BitTorrent’s ex-Chief Strategy Officer (CSO) Simon Morris…