Tech News

Engineers and developers are continuously working to provide Bitcoin with technological improvements. Now, most likely, the next Bitcoin technological breakthrough will come through the Schnorr + Taproot Bitcoin soft fork. Greater Scalability, Fungibility, and Script Innovation According to Bitcoin Optech contributor Steve Lee, the Schnorr + Taproot bitcoin soft fork proposal offers “a whole new […]

McAfeeDEX, After a short hiatus, John McAfee reappeared on the scene a few days ago, announcing the beta launch of a decentralized exchange (DEX), following the launch of the McAfee Magic trading platform back in July. However, the McAfeeDEX was soon under attack. While Magic enabled users to trade on multiple exchanges from a single […]

British Crypto Investigations into cryptocurrency firms by the UK Financial Conduct Authority (FCA) have surged by three-quarters this year, as the agency tightens the rein on the crypto sector. Scrutiny On the Rise British Crypto Investigations According to research from Pinsent Masons, an international legal firm, active investigations into cryptocurrency firms have surged to a […]

The largest shareholder in Overstock funded blockchain wealth management startup Bankorus has claimed that the firm has no money left. In a statement issued on Oct. 6, Sonic Zhang said that previous funding deals for Bankorus had fallen through and that all its employees have resigned. Zhang: Bankorus “has run out of cash” As a […]

Google’s latest quantum computing developments theoretically put Bitcoin and cryptocurrencies at risk, given the growing prospect of being able to use the technology to crack blockchains that rely heavily on cryptography. While the crypto community reacted to last week’s leaked report claiming Google has achieved a major milestone in quantum computing, analysts say Google is […]

So you’ve been hacked, or you’re the victim of fraud. Can you get your stolen cryptocurrency back? Crypto’s so secure, they said. So trustless, so safe. You are your own bank. Well, now the bank’s beefn robbed and, perhaps the only thing there is left to trust in this broken world. Perhaps someone hacked into […]

Algo Capital, an investment firm focused on the Algorand blockchain, lost a few million dollars in USDT and ALGO tokens after its chief technology officer’s phone were breached. According to a source familiar with the matter, Algo Capital reported to its limited partners Friday that Pablo Yabo, its CTO, had his mobile compromised which allowed […]

A Redditor has apparently spotted an imposter website for Trezor Bitcoin Wallet (BTC). “Imposter site trying to steal your Bitcoin” On Oct. 4, Reddit user castorfromtheva posted about the website, stating that they conducted a test to confirm that it was not genuine. They said: “I just made a little ‘typo’ test and entered ‘tezor[dot]io’ […]

Everyone knows of Malta as the “Blockchain Island”. Yet, according to blockchain expert and consultant Steve Tendon, the tiny European country falls painfully short of the mark. In a fascinating and brutally honest article about the birth of the blockchain island concept, Tendon claims that Malta completely “missed the point” of the power of cryptocurrencies. […]

From Bitcoin emergence on the deep web in 2008, to the ICO funding craze of 2017, the blockchain/crypto industry has experienced its fair share of ups and downs over the past ten years. Despite a dramatic influx of money and big Blockchain Startups, the industry has also fallen prey to scams, pump-and-dump schemes, and spectacular […]

MakerDAO Bounty has patched a “critical” bug in its yet-to-be-launched Multi-Collateral Dai (MCD) upgrade that could have put more than 10% of the system’s total collateral at risk. The bug was caught by HackerOne user lucash-dev, who reported it via the HackerOne forum and received a $50,000 bounty for uncovering the potentially devastating flaw. “Our […]

In the near future, decentralized finance (DeFi) may provide a whole host of financial services and products, which are currently inaccessible to the vast majority in the world’s population. Much as search engines rapidly made the internet indispensable to modern life, smart contracts could be on their way to becoming a cornerstone of modern finance. […]

Chicago-based rating firm Morningstar moves into the cryptospace by offering blockchain-based solutions for the global debt Blockchain securities market. Chicago based securities rating firm Morningstar has moved ahead of the rest of the securities ratings agencies to begin rating blockchain-based debt securities which are backed by debt assets in the real-world. Being the first time, […]

The former chief technology officer and co-founder of mining power marketplace NiceHash CTO Arrested in Germany over U.S. charges that he is part of a hacking organization responsible for the theft of millions of dollars. According to Slovenian news site 24UR.com, Matjaz Skorjanec was apprehended by German federal police last Monday. The U.S. Department of […]

A Korean crypto exchange, Coinone, has been ordered to pay compensation for losses resulting from a crypto exchange hack of a customer account. While seen as precedent-setting, the ruling from the Seoul Southern District Court on Sept. 27 found Coinone only partly responsible and ordered an award far less than the damages the plaintiff had […]

Earlier in September, both traditional and alternative investors reacted positively to the news that Nasdaq will launch a new index tracking a select group of DeFi crypto innovators. Is Blockchain Too ‘Bleeding Edge’ for ETF? Not only did this represent another milestone passed in terms of blockchain tech gaining mainstream acceptance as a potent and […]

The Revolut fintech app is on an expansion drive, adding 3,500 people to its staff in a bid to outcompete VISA. The challenger bank is also a crypto-friendly app allowing exchanges to a wider audience. Revolut VISA Expands to US, Brazil, Japan in 2020 Revolut VISA expands to both developed and developing markets, recently upping […]

The CEO says via Telegram that a third of the FSN coins in circulation are gone, thanks to a Fusion Hacked Wallet. But the assets might be frozen. The Fusion Network, a blockchain-based financial platform that makes it easy to swap stablecoins, among other things, appears to have been hacked wallet earlier today. At 6:34pm […]