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The first six months of 2018 have seen nearly three times as much crypto getting stolen than in all of 2017, a new report by CipherTrace has revealed. The FBI has also reported a six-fold increase in the number of crypto-related complaints from 2015 to 2017. Criminals have taken to cryptos in earnest as they … Read more
Blockchain explorers have come a long way since bitcoin’s early days. In the beginning there were none. Then there were basic ones that allowed users to search for specific wallet addresses or transactions. Fast forward to today and we’re blessed with a plethora of blockchain explorers that can be used to extract all kinds of … Read more
Over the past year, there has been a lot of forked coins based on the Bitcoin Core (BTC) codebase in various forms and with all types of interesting names. There are anywhere between 40-70 forked coins in the ecosystem that are worth a few bucks, while some of them are worthless and not worth the … Read more
In recent regulatory news, U.K. minister, Eddie Hughes has published a report that advocates for the creation of a “Chief Blockchain Officer,” the U.K. Financial Conduct Authority has announced that a number of distributed ledger (DLT) companies have been accepted into cohort 4 of its regulatory sandbox, and Finland’s Central Bank has published a report … Read more
Blockchain technology offers an unrivaled opportunity for the UK to redesign its data systems. The state should therefore focus on implementing blockchain technology to increase efficiency, save on costs, and rebuild societal trust. This is according to a report by Eddie Hughes, the Member of Parliament representing Walsall North in the UK. The comprehensive report … Read more
Trade finance is a complex and tedious process that involves a large number of participants. With the risks involved being quite high, especially in international trade finance, banks have stepped in to mitigate them through various products such as letters of credit and bank guarantees. This industry is long overdue for a blockchain revolution, according … Read more
India is undertaking research into the possible use of blockchain technology in the management of fertilizer subsidies. The venture will bring together the country’s think tank, NITI Aayog, and one of the country’s largest chemical manufacturers, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC). The Indian government hopes that the integration of blockchain technology will … Read more
Crypto users have been targeted by malware for years now. With crypto becoming increasingly popular, cyber criminals have continued to invent new and more advanced ways to steal them. And now there is a new one that swaps an intended crypto address for one that belongs to the attacker. While it’s not the first such … Read more
Another month, another almighty congestion on the Ethereum network. Gas prices have soared this week, passing 500 gwai at one stage, before settling on a still-pretty-substantial 56 gwai. As a result, the average transaction cost is $0.49, making it more expensive to send crypto on Ethereum than on other major blockchains such as BTC or … Read more
Several middle and high schools in China have been utilizing advanced artificial intelligence (AI) and machine learning systems to evaluate the emotions, thoughts, and performance of students in class. The highly sophisticated surveillance system implemented by the Chinese government was introduced in late 2017, according to the BBC. As seen in the short documentary below, … Read more
