Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20…
Blog
Alibaba Signs Blockchain-Related Deal With Chinese Port Operator
The biggest port operator in China joined the e-commerce giant and Ant Financial to strengthen blockchain’s adoption across the port industry. China’s biggest port operator, China Merchants Port, reached a deal on May 28 with the e-commerce giant, Alibaba Group,…
BitClave Seems Unlikely to Ever Pay $29 Million Settlement
A company that was heralded as the “New Google” settles with the SEC, agreeing to return $29 million to ICO investors, in addition to a $400,000 penalty. A company once heralded as a “decentralized alternative” to Google recently settled with…
Digital Dollar Project Releases White Paper Laying Out Groundwork for US CBDC
A U.S. think tank working towards a digitized dollar has released a white paper detailing inaugural aims and use cases for a central bank digital currency. On May 28, the Digital Dollar Project released its white paper, a 30-page document…
Cryptocurrency Documentary to Air on Discovery Science Channel
“Open Source Money,” a documentary series on a crypto firm fully financed with cryptocurrency will air on cable television in the United States. “Open Source Money,” a documentary series on a crypto firm fully financed with cryptocurrency will air on…
Coinbase Now Supports Tezos Staking Rewards for UK and Some EU Users
Major crypto exchange Coinbase is rolling out Tezos staking rewards for users in the United Kingdom and three European countries. Major cryptocurrency exchange Coinbase is rolling out Tezos (XTZ) staking rewards for users in the United Kingdom and three European…
Congress Fears US Is Losing Battle to Malware and Darkweb Cyberweapons
As COVID-19 has the financial system more internet-dependent than ever, Congress is worried that the United States’ cyber defenses are not up to the current challenge. In a May 28 virtual roundtable before the congressional Subcommittee on National Security, International…
JPMorgan Chase Settles Crypto Credit Card Lawsuit for $2.5M
JPMorgan Chase recently came to terms on a lawsuit from 2018 involving added fees for crypto purchases using credit cards. Banking giant JPMorgan Chase settled a 2018 lawsuit recently, with a $2.5 total payout — the result of unclear fees…
Emin Gün Sirer’s AVA Labs to Distribute 2M Tokens Ahead of Full Launch
A new DeFi and enterprise blockchain app protocol, AVA Labs, will distribute 2 million tokens in a final testnet before mainnet launch in summer. AVA Labs, a blockchain protocol founded by Cornell’s Emin Gün Sirer, is planning to distribute 2…
Not Your Tulip Trust? Message Calling Craig Wright ‘Fraud’ May Unlock the Case
Legal experts say a message in Bitcoin addresses linked to the Tulip Trust could be used against Craig Wright in his case with Kleiman estate. Infamous cryptocurrency figure Craig Wright faces newfound legal challenges over more than 1 million Bitcoin…
