Tag Archives: Blockchain

News Flash: Cryptopia Exchange Hacked, Investigations by New Zealand Authorities Ongoing

Beginning the 13th of January, users of the New Zealand based cryptocurrency exchange of Cryptopia started experiencing technical difficulties with their accounts. The exchange went on to announce via twitter that they were carrying out an unscheduled maintenance to sort out the issue. The initial tweet by Cryptopia can be found below. We are currently experiencing an unscheduled… Read More »

Coinbase, Kraken and Huobi To Support Ethereum’s (ETH) Constantinople Hard Fork

The Ethereum (ETH) Constantinople Hard Fork is meant to be triggered at block 7,080,000. Further checking Etherscan, we are currently at block 7,069,605 and in line with the projected dates of 14th to the 18th January as to when the software upgrade will occur. There is also an online countdown available for crypto enthusasits to follow here. Coinbase,… Read More »

Public Gets Chance to Earn Block Rewards by Donating Computing Power to Scientific Research

A startup has unveiled bold plans to tackle the excessive levels of energy consumption seen in cryptocurrency mining, all while giving everyday computer users more of a chance to receive block rewards. Resistance argues that proof-of-work mining “has been hijacked by huge mining farms using tons of energy to take control of the market” — isolating normal consumers… Read More »

Bittrex Has Launched a Cryptocurrency Over-the-Counter (OTC) Trading Desk

The crypto exchange of Bittrex has joined the ranks of platforms offering an OTC (Over the Counter) trading desk to cater for growing demand from its clients. Bittrex’s new service will be available to approved investors who will access quick and convenient trading of cryptocurrencies. Majority of the trades the OTC desk will cater for, will be valued… Read More »

Our Man At CES 2019 – Part Two: A Fistful Of Wallets

After thus far finding more talk about blockchain than actual products, I needed to up my game. What’s more, on Sunday, Ledger had announced the Nano X, whilst I was clearly at a different party. My plan was to head to their booth first… Distributing Ledger’s Technologies Ledger had already announced that they would be at CES, so we… Read More »

Top Tron (TRX) DApp Sees Volume Surge — Overtakes Top Ethereum, EOS Apps

DApp TronBet Transacts Billions of TRX On Sunday, Tommy Mustache, a leading, self-proclaimed “crypto addict,” took to his well-followed Twitter platform to discuss a pertinent industry happening — the monumental run-up that a Tron-based decentralized application (DApp) underwent. The 24hr volume on TronBet today is 1.1B TRX or $25M.The 7 days vol. is $104M. None of the other… Read More »

Israel’s Top Cargo Shipping Firm Zim Opens Blockchain Platform to All Clients

Israel’s largest cargo shipping company Zim has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades. Global shipping news outlet TradeWinds reported the news today, Jan. 14. Following a successful pilot of its blockchain-powered eB/Ls platform that lasted for over a year, the shipping firm has claimed that blockchain can not… Read More »

XRP Overtakes Ethereum Despite Looming ‘Constantinople’ Upgrade

XRP has reclaimed the position of the second largest cryptocurrency by market cap from ETH just days before Ethereum’s ‘Constantinople’ hard-fork upgrade.  Pre-Fork Drop On January 16th, Ethereum is scheduled to undergo a network-wide system update called ‘Constantinople’. Among other things, the implementation of the upgrade will reduce the block reward from 3 ETH/block to 2 ETH/block. Days before… Read More »

Banking Giant HSBC’s Blockchain Platform Processed $250 Billion in Forex in 2018

International banking giant HSBC settled $250 billion of forex trades using blockchain technology in 2018. The company has revealed the figure in a press release quoted by the Financial Times (FT) Jan. 14. Through its proprietary blockchain platform dubbed “FX Everywhere,” HSBC handled 3 million transactions, which translated into 150,000 payments since it launched in February. The technology… Read More »

Major Spanish Energy Company to Use Blockchain in Renewable Energy Tracking

Spain’s major energy company, Iberdrola, has started using blockchain to track renewable energy, Spanish independent news agency Europa Press reports on Monday, Jan. 14. The first trial was conducted in cooperation with Kutxabank, a local bank based in the Basque Autonomous Community that owns a substantial part of Iberdrola’s equity, and its subsidiary Cajasur. During the pilot, Iberdrola… Read More »