The R3 consortium has disclosed that it has worked with over 15 of its member banks to complete two distributed ledger technology prototypes. They demonstrate how the technology can address the key challenges facing the $45 billion global trade finance industry. R3 is a financial innovation firm that leads a consortium partnership with over 50 of […]
Payment technology company firm NCR has discovered a new security flaw in the upgrade in the credit card chip system in the United States. The post Security Flaw in Credit Card Chip System Revealed appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Seven supercomputers recently took part in a virtual contest that saw them competing against one another in a bid to find software vulnerabilities. The post The Future of Cybersecurity May Be with Supercomputers appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Bitfinex is reportedly offering a reward worth up to $3.6m for the recovery of bitcoins stolen from its exchange.
In this morning’s bitcoin price watch piece, we discussed the fact that action to date this week has been relatively flat, and that we were hoping to get a breakout that we could get in and out on a quick short term scalp entry and draw a profit from the market on the volatility. Action […]
An article published on Huffingpost seems to suggest that Ethereum Classic is a scam, and its moral backers (read Barry Silbert) must be prosecuted under the US laws for promoting it. Penned by David Seaman, the follow-up article blames Silbert for promoting a pump-and-dump scheme, while referring to a series of tweets where the Bitcoin […]
Innovation is a driving factor in the world of Bitcoin and cryptocurrency. Bitwala, a company, focusing on sending money quickly and safely by using the Bitcoin network, has introduced their new messenger feature. By using the Bitwala Messenger, platform users can send each other funds by just typing a regular command in the conversation. Sending […]
The U.K. Government has awarded the first G-Cloud 8 framework agreement for the supply of distributed ledger technology to technology startup Credits. Credit, which won the Best Blockchain Startup at the 2016 Europas Awards, is a blockchain platform provider supplying distributed ledger technology software and cloud-based services, with tools for building secure and scalable blockchains […]
Chaincode Labs developers Alex Morcos and Suhas Daftuar, and Blockstream developer Matt Corallo — three regular Bitcoin Core contributors ― will organize a month-long Bitcoin coding class at the Chaincode Labs offices in New York starting September 12. During this “Bitcoin Hacker Residency,” they will assist and mentor about half a dozen developers, with the goal of […]
In the aftermath of the recent theft of more than $65 million worth of bitcoins from Bitfinex, parts of the Bitcoin community have been wondering what role BitGo’s multisig-focused security offering may have played in the whole ordeal. According to the company’s website, BitGo handles more than 10,000 Bitcoin transactions per day and helps its […]