Month: September 2018

September 30, 2018

On September 25th, Facebook reported a security issue that affected almost 50 million users. Hopefully, this security breach will drive Facebook management to accelerate its efforts to improve data privacy by incorporating blockchain technology.   50 MILLION FACEBOOK ACCOUNTS WERE VULNERABLE   A Facebook vulnerability affecting almost 50 million user accounts has been the most […]

Berners-Lee gave us the web nearly 30 years ago, but it didn’t quite work out the way he expected. As blockchain proponents work to provide decentralization and remove the technology giant’s monopolies on our data, Berners-Lee also has a solution. Solid, and his new company to drive the success of Solid – Inrupt. It’s no […]

The self-regulatory Japan Virtual Currency Exchange Association (JVCEA) plans to stricten its customer asset management measures. The Japan Times outlet reported this news Sunday, September 30, citing “informed sources.” JVCEA is a self-regulatory group of some of the largest licensed exchange operators in Japan, established in April of this year. Now, the organization is reportedly planning to tighten its rules by establishing […]

Montana’s second most populous county, Missoula County, has rejected the proposal for a moratorium on cryptocurrency operations. The proposal was first presented at a public hearing in June but was postponed for three months.   PROPOSED CRYPTO MORATORIUM REJECTED   Missoula County’s board of commissioners held a public hearing Thursday to decide whether to accept […]

The RBI has denied the “formal creation” of a unit to research AI and blockchain technology, according to a report. The clarification after an investigation by Coin Crunch India comes weeks after the central bank was rumored to have set up the supposed unit to “research and possibly draft rules” for the emerging technologies. In an article […]

September 29, 2018

As made quite apparent by the recent regulatory crackdown on 1Broker, a lesser-known crypto trading platform, centralized exchanges are becoming increasingly susceptible to external risks, like regulation and manipulation. Hence why many believe that secure, efficient, no frills attached decentralized exchanges (DEXs) can’t come fast enough. With a string of recent announcements, it has become clear […]

A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28. Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development of “smart city” construction with […]

This week the software developers behind the mining operation Slush Pool have announced a new organization alongside releasing an open source operating system (OS) for cryptocurrency devices. The new offshoot company called Braiins has produced a Linux based system for bitcoin mining rigs and they plan to extend the OS to other digital currency software […]

September 28, 2018

The U.S. House of Representatives passed a bill on September 26 that would establish a crypto task force to combat terrorist use of cryptocurrencies, public records indicate. House Resolution (H.R.) 5036, which represents an amended version of the bill proposed by Rep. Ted Budd (R-NC) to the Committee on Financial Services in January, establishes an “Independent Financial Technology Task Force” to fight […]

India’s central bank has reportedly denied setting up a unit to research cryptocurrency, blockchain and artificial intelligence as the media reported last month. This unit was supposed to research, draft rules, and supervise new emerging technologies.   RBI DENIES SETTING UP CRYPTO RESEARCH UNIT   There have been reports circulating in the media over the past month […]