Cryptocurrency Analysis and News Portal
[sociallocker id="55298"] Many financial and human resources are being deployed in the effort to fight the ongoing COVID-19 pandemic. Technologies are also being used in this fight: artificial intelligence for research, 5G to increase information transmission speed and many others.Blockchain is not being left out of this fight, as it
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[sociallocker id="55298"] ST Engineering Aerospace’s US subsidiary suffered a ransomware attack that managed to extract about 1.5TB of sensitive data from the firm and its partners.According to an article published by The Straits Times on June 6, the Singapore-based company was allegedly attacked by the well-known ransomware gang Maze in
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[sociallocker id="55298"] Dr. Xiao Feng, the Vice Chairman of investment company China Wanxiang Holdings, attended the 7th Global Investment and M&A Summit in Shanghai, according to local news on June 5.Dr. Xiao’s keynote on digital economic reform revealed speculation that globalization will migrate from the physical to the digital world.
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[sociallocker id="55298"] One of the linchpins of the internet is the ability to access and share data seamlessly. Whether it’s financial metrics for an institution or something as innocuous as a meme, the internet’s distinct pathways of protocols and standardization are the ideal medium for exchanging information.That transmissibility of information
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[sociallocker id="55298"] A major Turkish bank completed the country’s first-ever international trade finance transaction based on distributed ledger technology, or DLT. This adds another milestone to the country’s increasing blockchain efforts.İşbank, the first Turkish bank to join R3’s Corda platform earlier this year, now became the first bank in Turkey
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[sociallocker id="55298"] Blockchain firms are increasingly dominating Hong Kong’s financial technology sector, with 39% of new firms launching in the country’s fintech industry last year operating with distributed ledger technology, or DLT.According to Hong Kong’s Financial Services and Treasury Bureau, DLT represents an increasingly dominant share of the country’s new
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[sociallocker id="55298"] A recent paper from academics at Leiden Law School suggests that if a crypto exchange or crypto custodian goes bankrupt, investors could well lose control over their stored coins. This happened in Japan’s Mt. Gox exchange collapse, and more recently with the failure of Italy’s BitGrail exchange. Thus,
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[sociallocker id="55298"] Bitcoin (BTC) price yet again surged past $10K for just a few hours before experiencing a short sharp 10% sell-off last week.Each time this happens, crypto Twitter brings out the fanfare rejoicing at the fact that we’ve reached this psychological milestone. It's almost becoming too predictable, and that
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[sociallocker id="55298"] Per a new report released by digital-asset intelligence firm CipherTrace on June 2, the value of ill-gotten funds siphoned through cryptocurrency crimes over the first five months of the year stands at a whopping $1.4 billion, thus making 2020 a potentially active year in regard to cryptocurrency-related thefts,
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[sociallocker id="55298"] If Bitcoin is the “peaceful protest” crypto advocates like Binance CEO Changpeng Zhao and author Isaiah Jackson say it is, then how can the average person use it to help the African American community right now?According to the Bitcoin & Black America author, who spoke to Cryptox on
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