Month: October 2018

October 31, 2018

The Ethereum (ETH) developer that co-authored the ERC-20 token standard has introduced a new model for Initial Coin Offerings (ICO), Czech business news outlet Kurzy reports Oct. 31. Speaking at Ethereum’s annual Devcon conference in Prague Oct. 30, Fabian Vogelsteller, also the main developer of decentralized application (DApp) browser Mist, proposed a new approach for running ICOs that he claims will […]

Bithub Africa has started using off-grid solar power to mine bitcoin and ethereum. John Karanja, the founder and chief executive officer of the small Kenyan mining operation, hopes to spread the technology to the rest of the continent while exposing the lie that cryptocurrency mining poses a danger to the environment.   CLEAN CRYPTOCURRENCY   […]

UK-based fintech and financial services conglomerate Global Kapital Group (GK Group) has formally released its dedicated cryptocurrency loans platform KAMBO.io as the sector quickly diversifies.   BITCOIN AND ETHEREUM AS LOAN COLLATERAL   In a press release dated October 30, GK-Group, which has operated various brokerage, consumer and business finance services since 2010, said it planned to level the […]

New Zealand’s state-backed innovation institute Callaghan Innovation awarded a $330,000 grant to a local crypto wallet and trading service, according to a press release published Tuesday, Oct. 30. Callaghan Innovation issued an “R&D Project Grant” to local crypto wallet and trading platform Vimba, a rebranded version of former MyCryptoSaver. Following the grant, the crypto startup is reportedly set to expand its […]

Bank of America was awarded a patent for a device that stores cryptographic keys and the document’s details hint at applications for cryptocurrencies. In a patent awarded Tuesday by the U.S. Patent and Trademark Office, the bank outlines a “hardened storage device” for storing private keys – such as those used for blockchain platforms – explaining that, at […]

Despite Buffett’s blatant disdain for cryptocurrency and fintech, two $300 million dollar investments into two fintech payment firms suggest that Berkshire Hathaway may be ready to join the crypto party.   A CHANGE OF HEART?   On Tuesday the Wall Street Journal (WSJ) reported that Warren Buffett’s multinational investment conglomerate, Berkshire Hathaway, is reported to have invested […]

October 30, 2018

An astute Malwarebytes forums user recently noticed that a crypto price tracker application, called CoinTicker, covertly installed backdoors in Mac computers. A recent blog post from Malwarebytes’ Thomas Reed, Director of Mac & Mobile, explains how a contributor on the Malwarebytes forum going by the name 1vladimir noticed an app called CoinTicker was secretly installing two different backdoors onto computers after download. According to Reed, the webpage for […]

In this edition of Exchanges Roundup, we focus on Ironx, which has just wrapped up a $22.3 million private sale. We also look at International Digital Currency Markets’ plans to provide solutions for security token offerings, as well as some of the new exchanges opening in Estonia.   UK MINISTER REAPS WINDFALL AFTER IRONX RESIGNATION […]

The two largest diamond producing groups on the planet are now jointly testing a blockchain platform to track assets. Alrosa, the second-largest diamond producer after manufacturing giant De Beers, announced Monday it was joining the Tracr pilot program, which De Beers is trialing to determine how it may track the precious stones from their initial […]