China’s search engine giant, Baidu, has launched the Baidu Blockchain Engine (BBE), an operating system based on Artificial Intelligence, Big Data, and Cloud Computing, which will enable developers to design decentralized mobile applications in an easier and faster way, according to a press release published February 14, 2019. Developer-Friendly Per the report, Baidu has launched Baidu
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Traders in Indonesia have criticized a new regulation that requires $70 million in capital to trade in crypto futures, as per reports from The Jakarta Post, February 14, 2019. Unexpected Hurdles While the growth of the blockchain and cryptocurrency industry has been impressive, it certainly has not been evenly spread around the world. Some nations in
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Commercial blockchain services has a new player as Intel announced on February 12, 2019, the launch of the Intel Select solution for blockchain which allows businesses to build their own blockchain based on the Hyperledger fabric. Intel Joins the Blockchain Businesses that wish to launch their own blockchains now have a faster and more reliable
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Trezor, a hardware wallet for storing a vast array of digital assets including bitcoin (BTC) and litecoin (LTC) has released an official statement concerning the recent phishing attacks on its electronic shops, products, as well as websites of its affiliated partners, according to a Medium blog post on February 13, 2019. Google Crypto Ban gave
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On February 12, 2019, the US Commodity Features Trading Commission (CFTC) released a new set of examination priorities for several departments. One such arm, the Division of Market Oversight (DMO), will be monitoring as well as analysing cryptocurrencies and block trading via surveillance practices. Other divisions will be extremely focused on these aspects as well.
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Binance, the world’s largest cryptocurrency exchange by trading volume, is still profitable despite last year’s market meltdown, its chief financial officer Wei Zhou said, CNBC reported on February 14, 2019. Bear Market Had Little Effect on World’s Largest Crypto Exchange (Source: CNBC) The prices of almost all cryptocurrencies have plunged nearly 80 percent since their
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Samsung SDS, the information technology arm of Samsung Electronics has announced the launch of its Nexledger Accelerator, a solution that the firm says can significantly speed up transactions on blockchain networks, according to a press release on February 14, 2019. Samsung SDS Nexledger Accelerator Now Live In a bid to solve the speed problems of
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According to February 11, 2019, press release, Remittance Company SendFriend raised some $1.7 million following a recent round of funding. The funding was obtained from Mastercard Foundation, Barclays, MIT Media Lab, TechStars, Ripple, 8 Decimal Capital, 2020 Ventures and Mahindra Finance. Lucrative Remittance Market SendFriend; a new remittance service will use Ripple’s xRapid to facilitate low-fee
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Coinbase, one of the leading cryptocurrency trading exchanges, submitted a $30k bounty on HackerOne for a fix to a critical issue found on its platform. This, according to a report by The Next Web, published February 13, 2019. A Severe Vulnerability According to The Next Web, Coinbase‘s vulnerability was submitted on a disclosure program on
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Turkish Police have successfully arrested 24 people in connection with the hack of an unnamed crypto exchange after simultaneous sting operations across eight provinces, as reported on February 11, 2019. Caught in the Act Hacks are nothing new in the world of blockchain and cryptocurrency. 2019 alone has seen both the Ethereum Classic Network and
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