Blockchain Experts Tell Congress How Crypto Tech Can Combat the Flow of Counterfeit Goods

Leveraging blockchain technology can help improve supply chain management and shipping as well as help protect United States companies from pirated products shipped from other countries which are causing unfair competition and disrupting markets. This claim emerged from presentations and testimonies from experts who spoke at the Congressional hearing of the United States Subcommittee on […]

China Takes Another Step Forward in Promoting Blockchain Innovation

The China Center for Information Industry Development (CCID) of the Ministry of Industry and Information Technology in Beijing announced its first monthly Global Public Chain Assessment Index at a recent conference. The platform is designed to offer detailed reviews of global blockchain projects by renowned experts in academia, industry and government bodies. Previously, the CCID […]

Electrum Imposter Shuts Down Website after Being Exposed as ‘Bitcoin-Stealing Malware’

Copycat bitcoin wallet service “Electrum Pro” has shut down its website after the company it was attempting to impersonate released evidence demonstrating its software was “bitcoin-stealing malware.” As CCN reported, the team behind Electrum (electrum.org) — a popular lightweight bitcoin wallet that has been around since 2011 — released evidence on GitHub demonstrating that the […]

Nvidia Made $289 Million from Cryptocurrency Mining in Q1

Nvidia, the world’s largest GPU Manufacturer, posted their earnings call for the first quarter and reported revenue of $3.21 Billion, which was more than the estimates of $2.89 Billion.  According to the report, the company made $289 Million — 9% of their total revenue — from sales to cryptocurrency miners. Nvidia expected to make $200 […]

Omnitude: Bringing Transparency to Online Marketplaces

The new landscape of corporate IT involves ever faster adoption of newer technologies, and Blockchain is no different. Companies of all scales are clamoring to see how ledgers, dapps, and Blockchains can give them a competitive edge. But the amount of interest is outstripping the speed of progress in making business-ready crypto-technology solutions: the most […]

Bitcoin Price Analysis: Bears Take Bulls to Task with New Low

In a surprisingly aggressive move, bitcoin dropped $800 dollars in a few short hours. The move seemed to cripple many of the most bullish markets leaving some altcoins seeing 30–40% drops before finding any local bottoms. Last night’s move marked the first new low since the trading range (TR) formed 3 weeks ago: Figure 1: […]

Russian Crypto Money Launderer the Target of Suspected Prison Murder Plot

A plot to murder a Russian national being detained in Greece whilst fighting extradition to the U.S. over money laundering charges has been uncovered. Greek law enforcement found evidence of inmates in the prison conspiring to poison Alexander Vinnik. Former Crypto Exchange Worker in Murder Plot We first reported on the case of Alexander Vinnik […]

How Japan Is Creating a Template for Cryptocurrency Regulation

Some countries in Asia are feeling the pain of inadequate cryptocurrency regulation, while others, like India, China and South Korea, have taken an uncertain or hostile stance to cryptocurrency. In contrast, Japan is building a clear framework for how virtual currency exchanges, and soon initial coin offerings (ICOs), should operate there. In doing so, Japan […]