Author – Anujit, India On February 1st 2018, the Government of India (GoI), as part of its annual budget exercise, formally discouraged use of cryptocurrencies. However, GoI has also welcomed the blockchain technology, and vowed to explore it further. Reserve…
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The BEE Sting: Bee Token ICO affected by $1 Million Phishing Scam in Ethereum
Author – Sam Reeds, UK Phishing scammers managed to steal over $1 million worth of Ethereum posing as a Bee ICO public- token sale. Beenest is a crypto startup that hopes to use the blockchain technology to revolutionizing the home…
United Nations plans blockchain adaption for climate change
United Nations (UN) Climate Change secretariat has initiated and facilitated creation of Climate Chain Coalition (CCC), a multi-stakeholder open initiative to use blockchain technology for driving positive climate change action. The partnership includes at least 32 organizations. The overall term…
The Coincheck Exchange Hack: The press release Questions and Answers
Coincheck was hacked and the exchange appears to have lost over 58 billion yen ($532.60 million) worth of NEM coins. This raises questions about the security and regulations in place to protect the cryptocurrency exchanges. The exact value of the…
Intel plans to infuse blockchain technology into genetic sequencing
Technology giant Intel plans to bring in the blockchain technology into the world of genetic sequencing. One of their recent patent applications involves using the resource-intensive “Mining” operation of blockchain, to transform the complex process of genetic sequencing. Deoxyribonucleic acid…
What is Stellar Lumen ? Emergence of Stellar Lumen in the cryptocurrency space and its use cases
Guest Post – Anujith Early in January 2018, Stellar Lumen cryptocurrency broke into the ranks of 10 largest digital currencies, when its market capitalization rose by 65% and touched US $ 10 billion. Stellar is the organization that oversees all…
Open questions with respect to the massive ICO planned by Telegram
The popular encrypted messaging company Telegram plans to launch their blockchain, named Telegram Open Network (TON), and they have planned a massive Initial Coin Offering (ICO) of their cryptocurrency Gram, as reported earlier. New information suggests that there are multiple…
Line, Japan’s most popular messaging app, plans to integrate cryptocurrency
Line Corp, the operator of Line, the most popular messaging app in Japan, is working on integrating cryptocurrency into their business model. The messaging app has 168 million monthly active users in Japan, Taiwan, Thailand and Indonesia, and it dominates…
Introducing Blockchain System into Government Administration
The advantages of blockchain technology can no longer be denied. This decentralized network can offer a lot of benefits to a different section of society like industries, education, and environment.so the governments around the world should think to use blockchain…
BTC and Overlooked Price Chart Analysis
With all the chaos that happened in the cryptomarket this past week, there are speculations whether or not Bitcoin could still make a comeback from its latest massive dip. While investors and traders look for market analysis and explanations, a…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
