A majority of those companies using Internet of Things technology has adopted, or is considering adopting, blockchain. Author: David Pan Source link
Day: December 13, 2019
Stellar Tried to Give Away 2B XLM Tokens on Keybase. Then the Spammers Came
For the partnership with Stellar, Keybase users could receive tens of dollars in XLM with each airdrop. Malicious usage started right away but it accelerated, Krohn said, and by the November airdrop it was already a serious problem. Eventually, the airdrop on Keybase attracted so many spammers that it was no longer worth trying to continue. Author: Brady Dale Source link
Accenture Picked to Build Sweden’s E-Krona Digital Currency Pilot
Notably, those reports revealed Riksbank’s reticence to base any such digital currency on a blockchain or distributed ledger technology (DLT), which Riksbank labeled an “inefficient technology.” But its 2018 report nonetheless stated that “an e-krona should be able to interact with DLT solutions.” Author: Danny Nelson Source link
Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds
For all of bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China, according to a recent report by CoinShares Research. Author: Omkar Godbole Source link
Why the ECB Is Getting in on the Stablecoin Game
Discussing the ECB’s recent comments on stable coins, the resurfacing of some prominent 2017 token projects, and a debate: is crypto for criminals? Author: Nathaniel Whittemore Source link
VeChain Foundation Hacked for $6.5M in VET Token Theft
The Singapore-based VeChain Foundation’s buyback wallet was compromised by a hacker at 12:27 UTC on Friday, VeChain wrote, with the funds being withdrawn to a private address. The firm says it has tagged and tracked the funds and is working with cybersecurity firm Hacken to isolate the tokens’ flow to various exchanges. Author: William Foxley Source link
Bitcoin App Bottle Pay Shuts Down Over Impending EU Money-Laundering Laws
“The amount and type of extra personal information we would be required to collect from our users would alter the current user experience so radically, and so negatively, that we are not willing to force this onto our community,” the company said in a statement, adding the team never charged for this service, added routing fees or sold anything to users. Author: Leigh Cuen Source link
It’s Time to Walk-the-Talk on Decentralized Governance
The time has come, they say, to move past the backroom wheeling and dealing – a hegemon calling all the shots, or a corrupt small group protecting special interests. DevCon, the ethereum conference in October, proved that crypto people (entrepreneurs, coders, users) want equal governance as an active goal of crypto projects. Cryptocurrency users are looking for projects that give them a direct say. Author: Jake Yocom-Piatt Source link
‘Request for Exhumation’: QuadrigaCX Creditors Ask for Proof That Cotten Is Dead
Creditors of QuadrigaCX have asked the Royal Canadian Mounted Police to exhume and conduct an autopsy of the failed exchange’s founder, Gerald Cotten. Author: Nikhilesh De Source link
MARKETS DAILY: Russian Drugs and The Most Illegal ICO Ever?
With bitcoin recovering after four straight days of decline we’re talking about what may be the most illegal ICO ever, tokens for Mongolian taxi fares, Bitmain’s Texas hedge and one “suicidal” startups surprising success… Author: Adam B. Levine Source link