Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

Two miners have reportedly executed a 51% attack on the bitcoin cash (BCH) blockchain, according to tweets by Cryptoconomy Podcast host Guy Swann on May 24. A 51% attack occurs when someone controls the majority of mining power on a Proof-of-Work blockchain network. This means that the majority block verifier can prevent other users from […]

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Draper Associates Lead $4 Million Series A Investment Round in Unstoppable Domains

Unstoppable Domains, a software company who are building domains on blockchains, today announced that they have raised $4 million in a series A led by Draper Associates. The company is building tools that allow their users to build censorship resistant domains which make takedown requests impossible. Tim Draper, managing partner of Draper Associates explained what […]

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Bitcoin Is Legal in China as per BCLRA Council Member

While a large portion of Asia is blasting, China keeps to remain on fruitless land for cryptocurrencies. The world’s second-biggest economy has kept its entryways closed to Bitcoins, but tolerating blockchain innovation. Nonetheless, the most recent news originating from China is by all accounts very promising for crypto enthusiasts. Sa Xiao, Council Member of the […]

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SEC to Make its Activities More Accessible via Crypto Meetups

Being part of a community is crucial to any investor’s growth. This is particularly true for the cryptocurrency sector, where stakeholders have to be up to date with the latest information before committing their money. Perhaps that is why the US Securities & Exchange Commission (SEC), through its Strategic Hub for Innovation & Financial Technology […]

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SEC Charges California Resident for Alleged $26 Million Crypto Pyramid Scheme

The United States Securities and Exchange Commission (SEC) has initiated court proceedings against a California resident for allegedly operating a multimillion-dollar cryptocurrency pyramid scheme, according to a press release published on May 23. The SEC alleges Daniel Pacheco of conducting a fraudulent, unregistered offering of securities through two California-based companies, IPro Solutions LLC and IPro […]

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Israeli Blockchain Startup QEDIT Launches Enterprise Data Privacy Solution

QEDIT homepage QEDIT, an Israeli blockchain startup specialized in data privacy, has announced the official product launch of QEDIT Asset Transfer, an enterprise solution for maintaining data confidentiality for large-scale value transfers on blockchain networks. The solution was launched on Tuesday at Consensus, one of the world’s largest blockchain annual event taking place this week […]

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Microsoft Announces the Launch of Bitcoin Blockchain-Based Decentralized Identity Management Tool

The last couple of years have brought along numerous advancements for the digital environment, yet the internet is still dealing with the challenge of figuring out smarter solutions for online identity management. Granted the massive number of online platforms and the billions of users who access these websites on a daily basis, the digital market […]

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Creative Accounting or Much Ado About Nothing?

On May 16, 2019, Coin Metrics released a report detailing discrepancies in Ripple’s escrow reporting system. The Blockchain analysis firm described these discrepancies as contradictions that required some explanation. As per usual, any story concerning Ripple is going to come in for some polarizing viewpoints, with strong opinions on both sides of the matter. On […]

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