Author: BlockchainJournal

Payment giant Western Union is preparing for the "inevitable" rise of cryptocurrency and, without wasting time, was experimenting with cross-border transfers based on Ripple technology. Reports about it Daily HODL. According to Western Union Digital Senior Vice President Molly Shi, in the digital age, the company aims to remain competitive and efficient. Also, representatives of the American payment giant assume that the future may be […]

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The State Duma of the Russian Federation voted in the first reading for the bill that will allow to isolate the Russian segment of the Internet. 334 parliamentarians spoke in favor, 47 did not support the initiative. Interestingly, all factions were against the autonomy of Runet, with the exception of United Russia. It is known that part of the document will be finalized. They want to change some of its provisions. It is difficult to say how much is required to implement this idea. If the initiator of the bill, Andrei Klishas, initially claimed that he would not need a…

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New York-based payment startup SendFriend, focused on the use of XRP tokens for international money transfers, closed a $ 1.7 million round of financing from Barclays Bank and fintech company Ripple, CoinDesk reports. Mastercard Foundation, MIT Media Lab, Techstars Incubator, Mahindra Finance, 2020 Ventures and 8 Decimal Capital also took part in the round. Note that SendFriend got into the business accelerator […]

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Commissioner for the Securities and Exchange Commission of the USA (SEC) Hester Peirce, who was nicknamed “Crypto Mom” (Crypto Mom) for disagreeing with the SEC decision regarding Bitcoin-ETF Winklevoss brothers, believes that the delay in implementing the cryptoindustry regulation gives this area more freedom for self-development. She said this , speaking at the Law Faculty of the University of Missouri. In her opinion, it will be easier for the regulator to determine the course of behavior when projects start moving into the maturity stage. This, according to the Commissioner, will take time. In particular, a subtle point is the use…

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The developers of the Ethereum Foundation reported a new bug in the upcoming Constantinople network update. According to Trustnodes, the detected vulnerability affects some smart contracts with the possibility of self-destruction. Thus, a function called Create2 can replace a self-destructed smart contract, simultaneously changing the rules specified in it, which could potentially lead to loss of funds. "The function of self-destruction does not carry additional risks in the current […]

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ASIC-miners mine 85.2% of all blocks in the network of Monero cryptocurrency oriented to increased privacy. This is the conclusion reached by a researcher under the nickname MoneroCrusher, studying the selection of nones (arbitrary numbers) by miners. As noted by MoneroCrusher, the nonsense value is random and ranges from 0 to 2³². Nevertheless, between blocks # 1,500,000 and # 1,546,500 on the graph of the distribution of the noses clearly […]

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According to the Coin Dance service, by now Bitcoin has 111 States legalized to one degree or another. Resource analysts emphasize that Nigeria occupies a special place in the ranking, where bitcoin operations can be carried out, but such transactions do not comply with local legislation. According to the latest data, in the last 24 hours, the total volume of transactions using BTC paired with the Nigerian naira was about 0.03% of the total volume of transactions with the largest digital currency. In Indonesia , bitcoin operations are not formally prohibited, but they are “limited”. In Vietnam, you can legitimately…

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