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Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global has confirmed it […]Powered by WPeMatico
Vitalik Buterin, one of the most renowned Ethereum founders, has rebuffed Elon Musk’s take on fixing cryptocurrencies in a new paper where he details the limits of blockchain scalability. Buterin touches on three subjects: storage, bandwidth, and computing power, commenting on their limits with today’s tech. Vitalik Buterin Criticizes Elon Musk’s Simplistic Take Vitalik Buterin, […]Powered by WPeMatico
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space which relies on storage. With Chia’s transactional launch pending, the project has […]Powered by WPeMatico
Over the last seven days the project filecoin, a cryptocurrency, and blockchain-based cooperative digital storage network climbed 61% in value and 493% during the last three months. Regional reports from China also show that the computer hardware giant based in Shenzhen, Xinyuan Technology Co., has invested $89 million into the filecoin mining ecosystem. Filecoin Market […]Powered by WPeMatico
On December 17, the internet entrepreneur and political activist Kim Dotcom spoke about bitcoin being a “great asset for storage,” and then further stressed that bitcoin cash was “great for payments.” Dotcom said he expects bitcoin cash to jump in value by 900% next year and reach a $3k per unit handle. Megaupload creator, Kim […]
The post Kim Dotcom Says Bitcoin Cash ‘Great for Payments,’ Expects BCH to Cross $3K in 2021 appeared first on Bitcoin News.
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The blockchain intelligence and surveillance company Chainalysis revealed the launch of a new program that aims to help governments and insolvency practitioners sell seized cryptocurrencies. The news follows the recent U.S. government seizure of more than 69,000 BTC worth over $1 billion on November 3. Blockchain surveillance firm Chainalysis announced the launch of a new […]
The post Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments appeared first on Bitcoin News.
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With new tech arising, many are concerned about the future of cybersecurity, backups, and internet privacy. A good way that we can help predict what might come in the future is to take a look in the past to see challenges overcome and threats handled. Data storage in digital form, as compared to a tape or a drum, was first made by IBM with the RAMAC 305 released in 1956. It was a magnetic disk drive that stood over 16 feet tall and weighed over a ton and could hold only 3.75 MB of data. The floppy disk, created by
The post The Evolution of Backup, Storage, and Cyber Protection appeared first on The Merkle News.
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Switzerland, a nation that’s been quite positive towards crypto business, is facilitating the integration between its traditional financial sector and the blockchain industry. With greater regulatory clarity and stability coming, established banks are plucking up the courage to offer digital asset products and services helped by local fintechs. Also read: Companies Keep Flocking to Swiss […]
The post Swiss Bank Julius Baer Offers New Digital Asset Services With Licensed Crypto Bank SEBA appeared first on Bitcoin News.
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On January 13, the online bullion marketplace Onegold announced the launch of a new mobile application so customers can buy, sell or redeem precious metals at any time. Since 2018, Onegold has accepted cryptocurrencies like BCH and BTC and the firm currently gives customers a 2% discount for paying with cryptocurrencies. According to Bitpay, Onegold […]
The post Online Bullion Marketplace Onegold Sees $50 Million in Crypto Payments appeared first on Bitcoin News.
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