Tech News

Telegram’s TON network will be the biggest blockchain ever, according to those working on the project. But its fate is far from certain. The Telegram Open Network, or TON, is Telegram’s upcoming Proof-of-Stakenetwork that promises to integrate blockchain payments into its messaging app that serves some 365 million users. If it delivers on promises of […]

One of the largest points of contention in the Bitcoin community surrounds the question of Bitcoin Block Limits and size. Larger blocks mean faster transactions and less congestion, but they have higher requirements in storage and bandwidth. The communities behind Bitcoin and its forks are currently debating whether large blocks are truly feasible, and there […]

Deutsche Bank joins JPMorgan’s blockchain-based Interbank Information Network Deutsche Bank joins JPMorgan’s blockchain rival JPMorgan’s Interbank Information Network, a blockchain-based network comprised of over 60 banks, according to a Financial Times report. The IIN allows member banks to exchange information related to international payments on a blockchain. Up until this point, most of the members […]

Browser extensions can help scammers steal your crypto Casa CEO Jeremy Welch warned the audience at the Baltic Honeybadger conference in Riga this weekend about Bitcoin Security. “Browser extensions impose major risks, and these risks haven’t been discussed until this point,” Welch said. Extensions can gather a wealth of data, which can be leaked, stolen, […]

Kraken exchange was testing an unreleased advanced order type on 14 September, which encountered a Kraken order book Bug resulting in the order’s prices being matched against the wrong side of the book. This allowed traders to buy BTC at $8k and sell it for $12k without clearing the intervening liquidity. On their official Twitter […]

Lightning Labs has confirmed that a major Lightning Network Bug in the Lightning Network has been exploited ‘in the wild.’ The peer-to-peer payment network is meant to provide fast and inexpensive Bitcoin payments, but as the bug incident demonstrates, it may not yet be ready for serious payments. The bug was originally revealed on a […]

Ethermine has finally begun voting in line with Spark Pool and F2Pool and is now voting to raise the gas limit at ethereum blockchain. They state: “Given the current Ethereum network congestion we have started to test raising the block gas limit to 10M gas.” The limit is currently at 8 million gas accounting units […]

EOS Hacked – After an attacker used an ongoing exploit on EOS network to win every roll on a gambling dapp, the network has been frozen. So far, the attacker has managed to steal more than $110,000 worth of EOS. How EOS Hacked? An attacker used REX on the blockchain network to continuously win on […]

Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant to get their feet wet. Smaller banks, however, are more willing to occupy this […]

Circle CEO Jeremy Allaire believes that China’s developing “cryptocurrency” could propel the yuan to worldwide renown as a global reserve currency. Will be China’s Crypto Global Reserve Currency? Speaking to CNBC’s Squawk Box, Allaire highlighted the budding prospects of the central bank digital currency (CBDC), suggesting that it could act as the “mechanism” for worldwide […]

Cybercriminals Selling Hacked Fiat Money for Bitcoin at 10% of Its Value There’s now an underground service catering to fraudsters that lack the skills or nerve to hack into online accounts to steal funds. Selling Hacked Fiat Money as low as 10% of real value. According to a September report from security-as-a-service firm Armor, cybercriminals […]

Bitcoin is more traceable than fiat currency, claims MIT-IBM funded report Bitcoin’s immutable transparency and anonymity, while enabling a gateway for uncensored transactions. It allows analysts to identify unique trends within the ecosystem so bitcoin more traceable than fiat. Given the ongoing war between crypto-adoption and regulatory requirements, blockchain analysis company Elliptic published an MIT-IBM […]

Moscow-based law firm ZP Legal claims to have identified Russian nationals who received bitcoin stolen in the 2014 hack of Mt Gox. Local law enforcement is investigating Alexander Vinnik, the alleged operator of the defunct exchange BTC-e. ZP Legal says Mt Gox creditors who come forward as potential BTC-e victims may help Russian authorities establish […]

Lightning Network Developers Warn of Bug That Could Cause Loss of Bitcoin. Developers have disclosed a security hole in various versions of bitcoin’s Lightning Network software that could cause users to lose money if not updated. The bug was first made public on Aug. 30 by bitcoin and Lighting developer Rusty Russel and confirmed Tuesday […]

Little-Known Exchange Claims It Will Be First to Sell Telegram’s TON Tokens. When Telegram launches its long-awaited blockchain sometime this month or next, the go-to marketplace for the new gram tokens could be a fledgling exchange with fewer than 4,000 users. At least, that’s what Blackmoon Crypto is hoping. But the Cayman Islands-registered exchange will […]

Finney, the world’s purportedly first blockchain enabled smartphone, will soon be available for purchase in Bangladesh. According to a report by local newspaper The Daily Star on Sept. 9, the Bangladesh Telecommunication Regulatory Commission approved the First Blockchain Smartphone for import in August and it will be available on the Bangladeshi market in October. Mobile […]