Cryptocurrency Analysis and News Portal
New York state’s financial regulator is hiring a specialist with expertise in the field of virtual currencies and blockchain, per a recently published announcement.The Department of Financial Services is looking to hire a Deputy Superintendent in the Research and Innovation Division, with a background in cryptocurrencies, blockchain, distributed ledger
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Hong Kong-based China Merchants Bank International (CMBI) will develop and launch blockchain-based solutions for its financial services.CMBI and Huobi partner with NervosIn an Oct. 3 press release shared with CryptoX, CMBI, a wholly-owned subsidiary of China Merchants Bank, announced that it is partnering with Chinese blockchain startup Nervos to
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Within the past few weeks, EOS blockchain protocol users have been experiencing periodic problems with network access. A recent article written by pseudonymous smart-contract developer and security engineer Dexaran described the apparent root of the problem: an inexpensive technique that allows hackers to “congest” the network — or put
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Ethereum (ETH) venture production studio ConsenSys has announced that it had fully acquired Infura, a blockchain infrastructure provider that the firm previously backed.According to the blog post published on Oct. 4, Infura will continue its operations as a wholly owned business unit within the studio. Infura also noted that
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Two U.S. congressmen from both major political parties, French Hill (R-Ark.) and Bill Foster (D-Ill.), have written a letter to the Federal Reserve Chairman Jerome Powell, urging the central banking organization to start working on a ‘national digital currency’ in lieu of the various risks that the U.S. dollar faces.In
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Randall Quarles, chair of the Financial Stability Board (FSB), has claimed that the potential scale of stablecoins such as Facebook’s Libra could present future “regulatory challenges.” Quarles voiced his opinion during a presentation at the European Banking Summit in Belgium on Oct. 3.FSB leads G20’s work on stablecoins going forwardQuarles
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The yearly Ripple hosted UBRI Connect kicked off yesterday with great perspectives on the future of the RippleNet ecosystem and The post New Partnerships Build Excitement at Ripple’s UBRICON Event appeared first on XRP Ripple News. Source
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In a forum post published on Oct. 1 blockchain interoperability platform Cosmos has disclosed a “high-severity security vulnerability” that was found in consensus engine Tendermint Core.According to the announcement, an update patch was released the following morning. The vulnerability reportedly affected all versions of Tendermint, on which Cosmos is
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China Merchants Bank International (CBMI) is partnering with Nervos Network — a Chinese blockchain startup founded by a former researcher and developer of the Ethereum Foundation.A press release published on Oct. 3 revealed that the new partnership will focus on jointly developing decentralized finance (DeFi) applications and helping Nervos
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The Current Market SituationAs of October 4th, crypto markets are still struggling to recover. Since its last sharp drop, BTC fails to retrace to $8500 level while many other currencies see significant losses. As of publishing time, BTC dominance remains around 67%. BTC/USDT Daily ChartOn the chart, we can see that
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