In 2016, North Korea made cybersecurity news again with an $81-million heist from the Bangladesh central bank. On May 17th, North Korea’s bitcoin mining operation saw a huge spike in activity. This piece discusses North Korean ventures into crypto, and its links to ransomware outbreaks and cyberheists.
Dubbed “the digital silver,” Litecoin is a digital currency that can be described as Bitcoin’s younger sibling. But everyone dropped the “younger” part for a while on July 5 when the trade volume of LTC surpassed US$1 billion, leaving BTC in the rearview mirror for a moment. According to our forecast, the foreseeable future may find “the digital silver” trading at $65 per 1 Litecoin.
San Francisco-based startup Chronicled has completed a technical pilot aimed at demonstrating a new cryptographic method for transferring data and information related to trade items anonymously. The pilot allowed multiple parties to verify an object’s identity and provenance using its Serialized Global Trade Item Number (SGTIN) without directly interacting with one another. A Serialized Global […]
This post Chronicled Completes Pilot For Blockchain-Enabled Supply Chain System first appeared on Coinjournal.
The scheduled execution of the bitcoin hard fork proposal Bitcoin Cash which is set to begin on August 1, 12:20 UTC, is hours away and yet the market, investors and traders remain confident in bitcoin and its ability to scale. Earlier this week, bitcoin analyst and Civic CEO Vinny Lingham stated, “If I were running […]
This post Hours Away From Bitcoin Fork, Price Above $2,900 as Investors Remain Confident first appeared on Coinjournal.
Asset forfeiture is a controversial policy that allows local and state police departments to seize money and property from those suspected of committing a crime, even in cases where the alleged criminals are not convicted of wrongdoing. While many activists have been pushing for reform in the area of asset forfeiture for years, the US […]
This post DOJ’s Asset Forfeiture Decision Illustrates Bitcoin’s Usefulness first appeared on Coinjournal.
investFeed is a New York based “community powered social trading network” making the switch from US equities to cryptocurrency. Their pivot to digital currencies is described as a key move to cater to an exponentially growing industry.
Immutability deriving from Bitcoin’s proof of work consensus protocol and its mining ecosystem has proven to be beneficial for a variety of applications including identity verification and data processing. Outside the traditional realm of finance, developers are beginning to utilize the immutable nature of blockchain technology to create a more transparent and fair gaming environment. […]