Blockchain News


Moscow voting hack

Researcher hacked Moscow's blockchain voting in 20 minutes

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French cryptographer Pierreck Godry hacked the Internet voting system developed by the Moscow Department of Information Technology (DIT), which put some of its components in the public domain, inviting everyone to find vulnerabilities, Meduza reports. So, the developers of DIT published encrypted...

Coinbase user data

Passwords of nearly 3500 Coinbase users stored in clear text

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The leading cryptocurrency platform Coinbase reported a potential vulnerability, as a result of which the personal information of 3420 users, including passwords, was stored in clear text in the server’s internal log. According to the exchange, third parties did not receive unauthorized access to...

Mukesh Ambani blockchain

India's richest man to launch a new blockchain

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On of the Indian mobile operator', Reliance Jio Infocomm, owned by the country's richest man Mukesh Ambani, intends to launch its own blockchain within a year. This was stated by Ambani himself. “From the first day, tens of thousands of active nodes will be online,” he stressed. So, it is...

Amazon removed "blockchain" job

Amazon removed "blockchain" from a job after hype in media

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Amazon, an online retailer, published a job of a software developer on LinkedIn, who, among other things, was supposed to do “work on the blockchain.” Later, the company was forced to remove the mention of blockchain from the text of the vacancy due to media hype. So, according to the initial...

blockchain regulation in South Korea

Non-regulated zone for blockchain development in South Korea

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The South Korean government has declared Busan (the second-largest city in South Korea) a “non-regulatory zone” for blockchain technologies' development. In particular, following the example of the Swiss Zug, Busan will open for a number of initiatives in the field of finance, public security,...

TON's ICO investor The9 Ltd

The first foreign investor of Telegram Open Network (TON) is a Chinese company

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Shanghai The9 Ltd invested $2 million in the blockchain project of Pavel Durov during the ICO held in 2018. This is the first publicly known foreign investor of the project. The Chinese company The9 Ltd during the closed ICO (initial coin offering the initial placement of cryptocurrency coins) of...

New York state legislature revealed 6 names of Digital Currency Taskforce members

New York state legislature revealed 6 names of Digital Currency Taskforce members

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Six deputies were chosen from the crypto and blockchain sphere by The New York State legislature to join Digital Currency Taskforce, which was created in January 2019. Assemblymember Clyde Vanel posted a video on Monday, where he proclaimed the legislature has picked 3 main officials from...

smart contracts' vulnerabilities to hacker attacks

Half of the pilot projects and more than 70% of smart contracts contain vulnerabilities to hacker...

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The active introduction of blockchain technologies by financial organizations threatens their security, to the point of complete loss of control over critical resources. This was published in a report by the company Positive Technologies, which specializes in cybersecurity. Half of the pilot...

Oracle aims to use blockchain for solving a billion-dollar-cost food issue

Oracle aims to use blockchain for solving a billion-dollar-cost food issue

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In 2018 Oracle entered a cooperation with the World Bee Projects to leverage cloud technologies to properly assume the drop in global bee populations. The primary goal was to arrange innovative tactics to assist farmers to maintain bee and pollinator habitats. Oracle’s senior director, Jay Chugh...

Craig Wright in the court

Тears, mate, charity and accusations: self-proclaimed Bitcoin's creator Craig Wright in the court

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On June 28, a court hearing was held in Florida on the sensational case of Kleiman vs Wright, during which nChain senior researcher Craig Wright first appeared under oath. The main purpose of the meeting was to hear the explanations of the self-proclaimed Bitcoin creator regarding why he did not...

Amazon is working on centralized and decentralized blockchain solutions

Amazon is working on centralized and decentralized blockchain solutions

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Centralization and decentralization in blockchain and crypto are a theme with a lot of debates over it. So Amazon Web Services decided to work on both sides in its blockchain endeavours. Some people do not consider decentralization as a vital thing and some people do. AWS found out that some...

Bitcoin rises and Bitmain crypto-billionaire is starting new projects

Bitcoin rises and Bitmain crypto-billionaire is starting new projects

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Wu Jihan a co-founder of Bitmain Technologies has gathered a group of mining giant’s former employees to start a new cryptocurrency economic services startup, hoping to profit on Bitcoin’s resurgence. Wu’s latest endeavour is a one-stop platform for over-the-counter selling, lending and...

Electroneum is going to support Lightning Network technology of Bitcoin

Electroneum is going to support Lightning Network technology of Bitcoin

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One of the most widespread digital wallets Electroneum is working to do an update and add support for Bitcoin’s lightning network. The founder of Electroneum, Thomas Voegtlin said that technology release on the wallet is really close, but he didn’t mention the exact date of the official launch....

Poloniex Exchangeoffered staking of ATOM

Poloniex Exchange offered the option of staking the Cosmos cryptocurrency ATOM

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The popular Bitcoin exchange Poloniex announced that it had become the first trading platform that now offers its users the possibility of staking the Cosmos cryptocurrency (ATOM) with daily income payments. Cosmos staking is live! Simply deposit @cosmos $ATOM to Poloniex and begin earning daily...

Opera launches a browser for iOS with a built-in crypto wallet

Opera launches a browser for iOS with a built-in crypto wallet

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Opera browser published about the newest Touch browser for iOS on June 26. They announced that it’s ready to be downloaded for the App store. This blockchain-ready browser was implemented on Android and PC before, which indicates that Opera is Web 3-ready beyond all the leading platforms now....

Binance Chain hardfork for Galileo

In the test network of Binance Chain was held a hardfork for Galileo's activation

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On June 26 at 07:00 UTC in the Binance Chain test network took place a planned hard fork at block 24.020.000 in order to activate the Galileo update. Upgrade of the main network will take place in a few weeks. BNB holders are not required to take any action in connection with the hard fork, unless...

SpetsHash seeking ASIC miners' custom clearance

The Ukrainian company has been seeking ASIC miners' custom clearance for a year and a half: durin...

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The Kyiv-registered company "СпецХеш" (SpetsHash) won a trial at the local customs, which more than tripled the VAT on the clearance of four ASIC miners. This reports the Youtube channel BlockchainTalk. In April 2018, SpetsHash bought four Antminer S9 devices at a price of $350...

Mark Zuckerberg will speak about privacy and regulations at Aspen Ideas conference today

Mark Zuckerberg will speak about privacy and regulations at Aspen Ideas conference today

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The public and governments scrutiny of Facebook’s influence increases, so Mark Zuckerberg decided to speak on the Aspen Ideas Festival today and explain all privacy and regulation details. His speech is set at 4:30 pm ET. As Aspen reports, Zuckerberg is going to speak with Harvard Professor Cass...

Few of us know that the technology named blockchain, that is so widely spread nowadays, was described back in 1991 by the group of researchers. It couldn’t find practical usage over 2 decades before 2009 when mysterious Satoshi Nakamoto used the technology as the basis of his invitation: the Bitcoin. But what is blockchain, how it works and what problems does it solve? There are a lot of definitions and explanations of this technology but ‘the distributed and open ledger’ describes it the best. Keeping the same information on each node of the network item and checking the compliance while adding any new block, makes blockchain almost absolutely secure and trustworthy. Not drowning in technical details too much we should say that right now blockchain is changing the traditional financial system. Thanks to this technology P2P transactions are reality nowadays. Democratic governments are implementing blockchain in more and more fields of public administration and this is just the tip of the iceberg.

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