Lightning and Mainnet: A Look at the Protocol’s Hype, Trials, and Error

Over the past few weeks, there’s been a lot of hyped up discussion about the Lightning Network (LN) from those who believe it will help scale the bitcoin core (BTC) protocol. The Lightning Network topic has now moved from BTC testnet experimentation to trialing LN over the currency’s mainnet using real BTC. LN development and … Read more

Australian Government Tries to End Encryption Once Again

Multiple governments around the world have not taken a liking to encryption. In fact, some officials want to end encryption in their respective countries once and for all, which will be met with a lot of criticism. NordVPN is warning about a new bill making its way through Australia’s government right now. This new anti-encryption bill will … Read more

Chinese Beggars Flock to QR Codes to Collect Money

Everyone knows technology plays a big role in China. Especially in the financial sector, there are plenty of interesting technology-related developments to keep an eye on. The use of QR codes has increased exponentially over the past few years. Surprisingly, street beggars are now using this technology as a way to collect money.  QR Codes Serve Different … Read more

PR: Genie Financial Services ICO Adds Cryptocurrency Heavyweight David Drake and Other Experts to Its Advisory Board

Crowd Genie Financial Services Pte Ltd (“Crowd Genie”), an operator of a Peer-to-Peer (“P2P”) lending platform licensed by the Monetary Authority of Singapore (“MAS”), looking to build an Asia-wide exchange of financial assets through its related entity CGSPV Pte. Ltd., today announced the appointment of a new board of advisors ahead of its Initial Coin … Read more

Scientist Deciphers Instructions to Claim Bitcoin In a DNA Sample

This week a Sander Wuyts, a Ph.D. student from the University of Antwerp (UAntwerp) and Vrije Universiteit Brussel (VUB) completed an extraordinary competition that involved bitcoin and DNA-related research. Wuyts was the first to decipher hidden messages in a tube of DNA in a scientific challenge where he won a single bitcoin for his accomplishment. … Read more

Chinese Regulators Unveil First Draft of Rules for Driverless Vehicle Road Tests

Driverless vehicles have proven to be an interesting, albeit somewhat worrisome trend. Especially when it comes to drafting new regulations and guidelines for such vehicles, the topic has proven to be rather controversial. In China, the first draft of national rules pertaining to testing autonomous vehicles has been presented to the public. There is still … Read more

Everyone’s Talking About Blockchains But Hardly Anyone’s Using Them

We live in an era in which everything is on the blockchain and there’s a blockchain for everything. From bananas to sex, there’s a token for that and a blockchain to match. There are now over 600 blockchains in existence, with dozens more dreamed up every month via ICOs. Given the current craze for all … Read more

As Blockchains Grow Bigger, Full Node Counts Increase

Back in 2016, the number of full nodes within the Bitcoin core network was dropping. At the time, Bitcoin enthusiasts thought the amount of nodes would continue to decline and the metric was used heavily in the scaling debate. However, in contrast to many people’s predictions, the count of full node BTC implementations has been … Read more

Pentagon Ponders Nuclear Response to Cyberattacks

Our entire society is almost completely dependent on electronics and cyberinfrastructure. As such, we’ve seen an uptick in the number of cyberattacks executed against companies, governments, and other entities. The Pentagon is now mulling a rather harsh response if such attacks were to occur in the future. More specifically, it’s considering retaliating with nuclear weapons. This is a very … Read more