Analysis

Ethereum’s true believers think the world’s second-largest blockchain can still be all-encompassing. Others think a more-focused path would be best. That was the tension on display at Day 1 of the ConsenSys-organized Ethereal Summit NY, a Blockchain Week gathering held at Pioneer Works in Red Hook, Brooklyn on Friday. “Ethereum’s going to eat everything,” Ameen Soleimani, SpankChain
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By CCN: William Shatner announced he’s partnering with Mattereum to launch an Ethereum token that authenticates and digitally transfers ownership of physical items like collectibles and instruments. He tweeted: “Today I am announcing that I am partnering with Mattereum and other technology creators to establish an authentication system, it establishes an irrefutable, internationally recognized proof
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The U.S. Senate Banking Committee is clearly concerned about Facebook’s new cryptocurrency project and how it is treating individuals’ financial information. The banking committee wrote an open letter to Facebook founder and CEO Mark Zuckerberg Thursday, asking him to share details about its secret cryptocurrency project, with a particular focus on consumer privacy. “Last year,
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Cryptocurrency exchange Binance said it is revamping security measures after losing some 7,000 bitcoin worth over $40 million in a hack earlier this week. “Significant” changes related to its application programming interface (API), two-factor authentication (2FA) and withdrawal validation are being made, Binance CEO Changpeng Zhao said in a blog post published on Friday. The
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A critical vulnerability on the programmatic lending platform MakerDAO could have made user funds irretrievable, according to security audit firm Zeppelin. Discovered in the last few weeks, MakerDAO issued Monday an urgent plea to token holders of the MakerDAO platform, writing on Reddit: “In partnership with Coinbase and Zeppelin, the Maker Foundation has been participating
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By CCN: Berkshire Hathaway, the multinational corporation led by billionaire Warren Buffett, posted a $377 million first-quarter charge for investment losses related to a solar Ponzi scheme. Berkshire invested $340 million in Ponzi scheme Berkshire made the disturbing revelations in a regulatory filing during its annual shareholders meeting last weekend. In the filing, the holding
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Over a year after its outright ban, Facebook has lifted some restrictions on cryptocurrency and blockchain related advertisements. In an updated policy announced on May 9, the social media firm said ads involving blockchain technology, industry news, educational content or events related to cryptocurrency will no longer require prior written approval. However, Facebook added it will
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Popular crypto exchange Zebpay has announced that it is going down under. The exchange announced in-country AUD support on Twitter today. It joins exchanges like Coinbase and CoinCorner in supporting the continent. Zebpay added Euro to their offering in December 2018 and has been quickly adding markets in 2019. The company was left in a
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Hackers stole more than 7,000 bitcoin from crypto exchange Binance, the world’s largest by volume, the startup reported Tuesday. Binance announced that a “large scale security breach” was discovered earlier on May 7, finding that malicious actors were able to access user API keys, two-factor authentication codes and “potentially other info,” the exchange’s CEO, Changpeng
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QEDIT, a developer of privacy technology for enterprise blockchains, has closed a $10 million Series A round from investors including Ant Financial, the payments affiliate of Chinese e-commerce giant Alibaba. Ant Financial will also be incorporating QEDIT’s zero-knowledge proof (ZKP) tech into its blockchain projects, the companies announced Tuesday. Other high-profile partnerships applying QEDIT’s ZKPs
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Blockchain developer Pieter Wuille unveiled two Bitcoin Improvement Proposal (BIP) that offers new plans for bitcoin’s next big upgrade or “soft fork.” The two proposals, announced on the bitcoin developer email list, describes Taproot, a  code change increasing bitcoin’s privacy. Taproot is expected to be bundled into a Schnorr soft fork that developers have been
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