The world’s largest law firm is throwing its weight behind Electroneum on its patent application

Electroneum (ETN) has applied for a patent application for a technology that combines blockchain, cryptocurrency and mobile ubiquity, or the notion of being everywhere. Dentons, the world's largest law firm, is advising Electroneum on the application which aims to cement the cryptocurrency as the go-to for handheld devices. The application focuses on its hybrid model … Continue reading The world’s largest law firm is throwing its weight behind Electroneum on its patent application

COSS progress towards fiat integration and KYC checks in move towards becoming Coinbase competitor

COSS, a new cryptocurrency exchange, has announced it is making progress towards Know-Your-Customer (KYC) checks and fiat integration in a move towards competing with popular cryptocurrency exchanges. In an email, COSS said: "The successful completion of the KYC testing will bring us closer to fiat implementation." Fiat implementation is scheduled for April 2018 with support … Continue reading COSS progress towards fiat integration and KYC checks in move towards becoming Coinbase competitor

Verge raises 75 million XVG for major partnership to be revealed on April 16

Sunerok: "Verge dev here, I just packed all my bags and I'm gonna be buying a little island with all the verge you guys donated. So, thank you so much. Just kidding." The possibility of "the largest partnership in crypto to date" was announced by Verge on March 22, requiring 75 million XVG ($3 million) … Continue reading Verge raises 75 million XVG for major partnership to be revealed on April 16

Weekly update: Google crypto ads ban, Coinbase granted e-money license and Binance blockchain move

https://youtu.be/MQU3gFpVoAM Binance is planning to take BNB off Ethereum, onto its own blockchain. Google is set to ban cryptocurrency related content from June. Coinbase has been awarded an e-money exchange by the FCA. Binance has revealed plans to shift its own coin BNB off Ethereum onto its own blockchain showing a move towards a decentralised … Continue reading Weekly update: Google crypto ads ban, Coinbase granted e-money license and Binance blockchain move

Into a cashless world

Cryptocurrency is poised to bring a cashless world into reality. The industry, worth $500 billion is becoming mainstream and offers an alternative to traditional banking. This new technology allows users to send money almost instantly from any mobile device. It works by having a large number of network computers verifying transactions and recording them on … Continue reading Into a cashless world

Why can’t someone re-write a blockchain and steal your money?

Blockchains are being used to secure digital money. It would be pretty shady if someone just came along and edited the blockchain to show they owned all the coins. So, how are blockchains un-editable? #1 Hashes Hashes are often used to verify that information hasn't changed. Imagine you have a number of dice of different … Continue reading Why can’t someone re-write a blockchain and steal your money?

The BitGrail 17m NANO ‘hack’ – what really happened?

BitGrail, a cryptocurrency exchange, announced insolvency on February 9 after reporting a 17m NANO 'hack' worth $200m at the time. The NANO team have since separated themselves from 'The Bomber' Firano, the owner of BitGrail, issuing a separate statement blaming BitGrail for the loss of funds. Firano has responded tweeting that the claim is libellous … Continue reading The BitGrail 17m NANO ‘hack’ – what really happened?