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“Though now evolved in many ways,” Gavin Wood wrote in Ethereum’s 2015 yellow paper, “the key functionality of a blockchain with a Turing-complete language and an effectively unlimited inter-transaction storage capability remains unchanged.” Five years and thousands of bits later, Ethereum is still chugging along as a decentralized platform for self-executing
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In recent years, digital currencies are evolving around this modern world. Also, many people are moving towards digital platforms to store their private information. It brought the invention of digital currency using blockchain technology. It is one of the most complex advanced technologies. This technology is mostly used in cryptocurrency
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Recently, the venture arms of corporate giants Volvo and Total invested in blockchain traceability startup Circulor that helps reduce child labor in Africa and aspires to work with Tesla, GM and Ford.Prior to an investment by its venture arm, Volvo was testing Circulor’s platform for over a year. The startup
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The Competition and Markets Authority (CMA), Information Commissioner’s Office (ICO) and Ofcom have set up a new forum to help ensure online
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A study published by cybersecurity firm, Proofpoint, shows an increase in email-based phishing attacks used to deliver ransomware over the last few months.According to the report, first-stage deployments of ransomware are reportedly on the rise and have mostly been targeting the United States, France, Germany, Greece, and Italy.The attacks appear
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The Spanish Civil Guard has taken down a dark web child porn ring that used cryptocurrency transactions to pay for content. Multiple individuals across the country were ultimately arrested.According to the Spanish Civil Guard, the “Jekyll” operation captured three people involved in the “Welcome 2 Video” platform, thanks in part
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[sociallocker id="55298"] Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cryptox that Ethereum second-layer scalability solutions still need some work.Ethereum co-founder Vitalik Buterin claimed on June 1 that the blockchain’s layer-two scaling initial deployment has “basically” succeeded. Kolodny — on the other hand — told Cryptox that he
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Known for their regulation-friendly outlook within the crypto industry, Gemini exchange founders Tyler and Cameron Winklevoss hold a hybrid approach to privacy and government rules. The twin brothers explained in a May 22 podcast interview with Peter McCormack that crypto adoption comes a need for some degree of regulation. Cameron added:“The
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Facebook is at the forefront of encouraging permanent remote-working after the coronavirus pandemic. More tech firms are embracing this policy, meaning tech workers won’t have to live in expensive San Francisco. After disrupting entire industries in the past few decades, it’s now time for tech employees to face a
Read MoreAn ICO spokesperson said: “The ICO recently set out its regulatory approach during the COVID-19 pandemic, where we spoke about reassessing our priorities
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