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Traditionally, digital cryptocurrency users are assigned private keys to access their crypto wallet. If this private key is forgotten, there is now no way to access the digital wallet. Also, the digital wallet can be accessed by hackers as it is always exposed to the internet. To protect the wallet, a private key can be […]
Venezuela is experiencing difficult situations. The socio-economic condition of Venezuela is getting worse day by day because of high inflation. The reason for hyperinflation is due to US sanctions. To overcome hyperinflation, the Venezuelans are shifting towards adopting cryptocurrencies and believe it to be the only ray of hope as of now. This lets people […]
Cryptocurrency market faced the worst bears in 2018. The entire crypto space kept bleeding throughout the year, with many currencies losing as much as 90% of their price value. The largest cryptocurrency in terms of volume, value and market cap, Bitcoin, continued to lose the price battle for six consecutive months, finally ending the streak […]
After a tough 2018, Initial Coin Offering (ICO) is trying to make a come back. More businesses, especially startups are keen on ICO as it helps them raise the much needed funds. However, they are also wary of its failure rate. In 2018, as per latest data, 55 per cent of ICOs failed to complete […]
Blockchain technology presents a ‘golden opportunity’ for the Security Exchange Commission (SEC). A crypto enthusiast, Hester Peirce, who is also the SEC Commissioner said the Commission needs to welcome innovation. Perice made these statements at the University of Missouri School of Law event, ‘Protecting the Public While Fostering Innovation and Entrepreneurship: First Principles for Optimal […]
Herve Falciani a former HSBC systems engineer, whose infamous client data leak stirred up a hornet’s nest, wants recognition for his ‘ethical’ crypto-token, Tabu. Falciani said has been working on Tabu through his non-profit entity, Tactical Whistleblowers and a team of Spanish academics and fintech experts. He said any innovation or technology can be used […]
Businesses shy away from blockchain because of the fear of potential government regulations. And there is a heavy distrust. But then again, the anonymous, Satoshi Nakamoto, had created the Bitcoin on a blockchain without relying on centralized institutions or trust. The system is entirely decentralized, with data stored on thousands of internet connected computers worldwide. […]
Japan’s three largest banks have ditched the peer-to-peer remittance service program and are now working towards developing their own cryptocurrencies. The remittance service program, launched in 2017, had been taken up by Mizuho Financial Group, Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group. They were developing a blockchain-powered system to facilitate money transfers between […]
The US Securities and Exchange Commission (SEC) is after the most widely used blockchain ledgers for ‘an insight’. To make its search easier, the SEC has issued the sources-sought notice which clearly states that the regulatory body is ‘looking for firms offering specific blockchain data’. The press release says, “the SEC is seeking information for […]
Look out for your crypto bling! A malware targeting cryptocurrencies through Apple’s Mac has been discovered. Researchers have named it the ‘CookieMiner’ because it steals browser cookies associated with cryptocurrency exchanges and wallet service websites. Cyber security professionals are once again urging crypto-customers to delete their digital cookies as failing to do so will just […]
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