The British FINTECH startup Revolut with Russian roots has opened up to the owners of standard accounts access to the purchase of Bitcoin, Bitcoin Cash, Ethereum, Litecoin and XRP. However, users soon noticed that working with digital assets is limited. As one of the readers told ForkLog magazine, no operations except for buying, exchanging Fiat for cryptocurrency and sending it to another Revolut user are not available. “Nor can […]
Author: BlockchainJournal
SingularityNET's blockchain platform and the Chinese insurance corporation Ping An will cooperate in the field of artificial intelligence and launch a number of joint initiatives. This is reported in the project blog. As the head of Ping An's AI direction, Bai Meng, said, the company is interested in the commercial application of optical character recognition technology, cross validation (Cross Validation) and machine learning offered by the SingularityNET ecosystem. In the future, solutions […]
The IOST development team on its blog announced that next week it will launch its own iUSD, which is being created for cross-platform use of digital currencies. As the site Ruscoins.info reported, IOST switched to its own blockchain from March 10, 2019. And immediately another positive news from the IOST team. IOST will launch its own stablecoin next week The IOST team said that work on its own stableUSB iUSD with reference to the dollar is coming to an end: it should appear next week. Now the majority of dollar-linked steylcoin is based on the Ethereum ERC-20 platform [ETH]. This…
The founder of Morgan Creek Digital Assets, Anthony Pompiano, tweeted Twitter with a chart from blockdata.tech, which shows how long it takes to send money abroad using traditional financial methods. Then Ran Neuner, host of CNBC's Crypto Trader, entered into a dialogue to show how cheaper and faster payments are using Ripple (XRP). The chart in the Pompiano's tweet shows the cost of commissions for users of traditional money transfer platforms along with various cryptocurrencies. Seconds are used in graphics to show how huge the time difference of transactions is. Sending Bitcoin takes only 4,680 seconds on average, and…
New York investment company Shuttle Holdings will launch a beta version of the custodial service for digital assets based on a private cloud and IBM encryption technologies by the end of the month, CoinDesk writes. Companies participating in the project will not store the tokens themselves, but will provide the tools for this to their customers, which can be banks, brokers, other asset custodians, funds, family capital management units and high-income investors. IBM showed a solution that will be involved in the Shuttle Holdings service at the Think 2019 conference in February. “What example could be better than a world-changing…
Trezor hardware crypto product developers responded to a vulnerability list previously published by Ledger competitors. According to a report in the official blog of the Prague company, of the five vulnerabilities, four have been fixed or cannot be used or require a pin code – and none of them is critical. At the same time, Trezor stressed that all the risks described by Ledger employees are related to hackers' physical access to the Trezor cryptocell – while, according to the Trezor survey and the Binance crypto-exchange , only 5.93% of respondents consider physical attack the most significant threat to their…
The leading world economies have developed a strategy for regulating cryptocurrency exchanges , which they intend to consider as commercial banks and establish appropriate rules. The strategy was developed by the FATF (International Organization for Countering the Legalization of the Proceeds of Criminal Proceeds), which includes 35 countries. The findings, which were reviewed and agreed by the participants of the last meeting of the FATF member countries, are likely to be approved by each country. In particular, it proposes a step designed to stop criminals and terrorists using cryptocurrency in illegal transactions: tightening up the rules for cryptocurrency exchanges. Argentina,…
Leading US cryptocurrency exchange Coinbase Pro announced on Wednesday, March 13, the beginning of support for Stellar Lumens (XLM). XLM trades will be conducted in pairs with US dollars, euros and Bitcoins. Inbound transfers for XLM are now available in the regions where trading is supported. Traders cannot place orders. Order books […]
update The experts at the Ethereum Foundation discussed the nuances of the Istanbul update. The conference was held by telephone. Experts believe that in the framework of hard forks, it is imperative to activate ProgPoW to limit the impact on the network of ASIC miners. Note that the debate on the impact of ASIC is not the first day. Top developers said they want to support the activation of the new algorithm, if in the process of preliminary checks will not be revealed vulnerabilities. Recall hardfork Constantinople repeatedly because of this tolerated. “We have done a lot of work, now…
The developers of the popular hardware wallets Trezor commented on the statement by competitor Ledger about a number of vulnerabilities in their products. In response to Ledger's presentation at #MITBitcoinExpo, we have mitigated the mentioned vulnerabilities. Read our official response at https://t.co/5IvMrMm9bQ pic.twitter.com/1rPovxsYjt – Trezor (@Trezor) March 12, 2019 So, in Trezor stressed that you can fake any device, commenting on the attack on […]
