Two high profile individuals have left jobs in the fiat world and moved into the cryptocurrency space. A co-inventor of the domain name system (DNS) for the internet has decided to get involved in a platform that makes blockchains more user-friendly while a South Korean Official has joined an ICO crowdfunding platform. DNS Co-Inventor Joins … Continue reading Crypto Industry Steals Important Talent from Fiat World
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, 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
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?
Blockchains record pseudonymous transactions that cannot be altered. This sounds like it complies with data protection and the GDPR soon to be enforced but it's not that simple. 1) Transactions can be linked to real world people. There are several ways in which transactions can be connected to a person. For a start, many … Continue reading Bitcoin miners to be hit with huge fines?
Bitcoin has fallen from $19,798 to $6,914, a 65% decrease in value and this has shown the three types of investors: The Smart One: bought in early and sold at the top, probably now holding Tether. The HODLer: no matter what, will sell at a higher price some point in the future. The Sufferer: bought … Continue reading Will bitcoin lead to suicide? [explicit themes]