Nevada’s Public Utilities Commission, a state run agency that supervises and regulates power utility services in the state, is looking at the possibility of implementing a Blockchain based solution for its energy credit tracking system.
Cryptocurrency Market Updates
The Mobility Open Blockchain Initiative (MOBI) and the Trusted IoT Alliance (TIoTA) jointly announced via a press release that they have launched a new tournament focused on Blockchain applications in autos.
A Swiss startup is trying to make using cryptocurrencies as a method of online payment as safe and simple as using PayPal. The biggest problem that people have against cryptocurrencies is that it is hard to spend in regular retail outlets.
The oldest cryptocurrency exchange in the UK, Coinfloor is laying off most of its employees according to local news reports. The crypto exchange, which is London based, was founded in 2013 and has been focused on institutional as well as sophisticated investors.
For years now, the biggest draw for cryptocurrencies have been their lack of traceability. The USP of cryptos for years has been the fact that users could trade or transact anonymously. Because of this, cryptocurrencies became the currency of choice of the dark web.
Market News Rapper Soulja Boy Reveals Bictoin Gain in New Rap Single The famous rapper, Soulja Boy, appears to be a Bitcoin hodler. The…
The United States Department of Justice (DOJ) has accused seven of Russia’s Main Intelligence Directorate (GRU) of have conducted global hack attacks as well as other misinformation activities. According to the DOJ all these attacks have been funded by cryptocurrencies. The indictment has been filed by a grand jury at the Western District of Pennsylvania this week.
The venture capital arm of Overstock.com, Medici Ventures is investing in the technology startup VinX to create a Blockchain based platform for wine futures. According to the announcement, Israel based VinX will develop a token-based platform which will be based on the Bordeaux future model.
The recent revelations by the Twitter account called Maple Leaf Capital, showing Huobi, one of the world’s biggest – and oldest – cryptocurrency exchanges, taking money in exchange for support to certain block producers, entities periodically elected and entrusted to maintain the history of the EOS Blockchain. The EOS network has only 21 block producers, who get rewarded in EOS tokens for maintaining the Blockchain and ensuring its decision making.
A few weeks ago, a severe bug was found in Bitcoin’s code. Now, that weakness was exploited by a hacker, but on a lesser known cryptocurrency called Pigeoncoin. The developers of Pigeoncoin confirmed on Tuesday that an unknown attacker succeeded in printing 235 million tokens, worth about $15,000 dollars, on September 26.