Another hacking attack has hit a known crypto exchange in Japan, and this time, thieves managed to steal around $60 million in crypto. Another Crypto Exchange Hack The popularity of attacks on crypto exchanges seemingly continues to grow, with another such exchange being hit just recently, in Japan. It is largely believed that such incidents…
In spite of a multi-month tumultuous market, institutions continue to clamor for the implementation of innovative systems and solutions that are based on blockchain technologies. 15 Firms Enter A ConsenSys-backed Blockchain Initiative On Wednesday morning, a media embargo on one of the most notable blockchain-related developments of this year was finally dropped. As per a short,…
The CEO and co-founder of digital invoicing firm Tradeshift has stated that blockchain has great potential for making supply chains cheaper and more efficient. However, Christian Lanng also believes that the technology is too immature and not cannot scale sufficiently for the role at present. Blockchain Needs to Scale Before It Finds Global Use in…
A representative from PricewaterhouseCoopers’ blockchain branch recently declared that demand for token assets and enterprise-level solutions is still raging, but there is still a way to go on the regulatory and trust fronts. Enterprise-Level Blockchain Solutions And “Token Assets” Are Still A Hot-Topic Bloomberg has tackled the crypto industry head-on yet again, calling upon Grainne…
Jack Ma, founder and CEO of Alibaba Group Holding, has said that the blockchain is meaningless if it can’t transform the manufacturing industry and society. Alibaba Jack Ma Expects Blockchain to Create a Greener, More Inclusive Society Chinese e-commerce giant Alibaba, trading at the New York Stock Exchange with a market capitalization of more than…
The crypto prices have dropped once again after a wallet that has been dormant for four years sees new activity. As many are already aware, the recent events in the crypto world have had strong consequences on the prices of digital coins. Not only has the entire year been marked by a constantly bearish market,…
Asia’s seventh largest economy Taiwan has pursued friendly regulation for crypto and blockchain companies, as the government recognized the potential of blockchain technology in bolstering the economic growth of the country. This year, Malta, described as the “Blockchain Island,” established a new trend of implementing favorable policies for crypto startups to enlarge the cryptocurrency market.…
According to a World Economic Forum (WEF) report, blockchain could be used to help tackle the “most pressing” environmental concerns faced by the planet. The document states that the distribute ledger system could help address climate change, biodiversity issues, and scarcity of water. Could Blockchain Save the World? The World Economic Forum (WEF) has produced…
Ripple’s settlement system that uses a combination of blockchain and cryptocurrency technologies may be going live within the next month or so, according to a statement from a company executive. The product, which utilizes XRP to complete real-time cross border settlements, has already struck some high-profile partnerships, and many investors see it as the main…
The recent reports regarding the crypto situation in the UK indicate that the country’s government has yet to make a formal assessment of potential consequences of the changes in the value of numerous cryptocurrencies. The Consequences of Crypto Price Swings Have yet to Be Determined As cryptocurrencies continue to expand and conquer the world of…