blockchain
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Ethereum Finally Switches to Proof of Stake – Is GPU Mining Now Dead?
It’s been known for quite some time now that Ethereum was looking to apply a pretty dramatic change to the manner in which the cryptocurrency could be mined. – Although we will look at this in more detail shortly, the key distinction was a transition from a ‘Proof of Work’…
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JP Morgan Creates First Bank Backed Cryptocurrency
JP Morgan Create Cryptocurrency After the boom of Bitcoin in 2017 and the collapse in 2018, you would have thought that as far as cryptocurrencies go, the ‘professional finance’ jury was still out on whether they would represent a viable form of money in the 21st century. It seems, however,…
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BitTorrent Sold To Blockchain Start-Up For $140m
BitTorrent Sold To Blockchain Start-Up For $140m When it comes to peer-to-peer applications, BitTorrent is probably one of the most popular available. Ok, with the possible exception of uTorrent. Allowing users to download data from various sharing sources, such programs are widely popular for sharing of files. Particularly those of…
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China Use Chairman Mao Lookalike At Blockchain Conference
Charman Mao Lookalike At Chinese Blockchain Conference Causes Controversy If you are somewhat of a study of recent Chinese history, you’d understand that Chairman Mao wasn’t a particularly nice person. If you overlook the millions that died due to his terrors, re-education camps or industrial programs, he doesn’t appear to…
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Facebook May Be Planning A Cryptocurrency ICO
Facebook May Be Looking to Create Their Own Cryptocurrency For a significant period now, it has been known that Facebook has been investing a lot of money into research development of blockchain technology. For those unaware, the blockchain is the part of cryptocurrency that in its simplest terms means that…
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Blockchain Waltonchain Accused Of Running A Fake Competition
Waltonchain Accused Of Running a Fake competition While the prices of cryptocurrencies are not as good as they were perhaps a couple months ago, there are still many of us involved in the blockchain business of mining money. Waltonchain, while not necessarily a major player, it still a significant company. They…
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Kodak Joins the Cryptocurrency Bandwagon with “KODAKCoin”
Kodak is getting into the cryptocurrency market in partnership with WENN Digital. The New York based company which traces its roots as far back as the 1888 is evolving once more to change with the times. Especially with stock prices drifting down over the past year. They have even cut…
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$79m Cryptocurrency Raid Could Kill Blockchains
A massive cryptocurrency heist, worth $79 million, could threaten the future of blockchains. On Friday (17th June), the Decentralized Autonomous Organization (DAO) – a kind of crowdsourcing platform for cryptocurrencies – lost $79.6 million of Ethereum, stolen through a simple vulnerability. While the robbery itself is alarming, it has had…
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Australian Securities Market to Begin Trading Bitcoin Shares
The Australian Securities Market (ASX) is preparing to debut the Bitcoin Group on the public market under the symbol BCG. This is seen as a potentially billion dollar opportunity by Bitcoin Group, with at least $20 million expected to be gained from the initial sale of 100 million shares at…
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Bitcoin Going To Outer Space
Bitcoin is preparing to launch satellites into space as a means of ‘Global’ backup to the blockchain. Bitcoin’s blockchain is to be sent into space in order to reduce coin volatility and ensure safety from major cyber attacks. The blockchain is a constantly changing documents that records all transactions as…
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BitCoin Users Angry With FBI Seizure Of Silk Road Funds
Silk Road may have been taken online, but that doesn’t mean the sites users are just going to give up! Especially when hundreds of the sites customers have lost a combined total of $80 million in BitCoins as the FBI tries to gain access to the funds. Pro-drug advocates, as…
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