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You can’t have software without bugs. Every major piece of code is subject to extensive debugging, which is an inevitable part of the development process. But when that code controls digital assets worth millions of dollars, ensuring it’s free of critical errors isn’t just desirable – it’s imperative. As this week’s Bancor hack and this … Read more
The Bitmain Antminer Z9 Mini could be a game changer in the world of cryptocurrency mining, as the specs on this piece of mining hardware far outclass even the best GPU miners on the market. The name alone gives us a clue about what’s coming. Since this is the “mini” version of this piece of … Read more
Oasis Labs has announced that it has raised $45 million to develop its privacy-focused decentralized cloud computing platform. In a press release published on July 9, the startup revealed that it had raised the funding from over 10 investors who were pooled from various industries including venture capital and hardware manufacturing. Among the more prominent … Read more
This week Andrew Stone, the lead developer of Bitcoin Unlimited (BU), published a 42-page paper that details the evolution of the original OP_Group proposal. OP_Group is a single OP_Code that could be added to the Bitcoin Cash (BCH) network’s scripting language in order to effectively create colored coins. However, unlike other representative token protocols like … Read more
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
