Tron Won’t Handle BitTorrent’s Transaction Volume According to Ex-Exec

Tron Won’t Handle BitTorrent’s Transaction Volume According to Ex-Exec

BitTorrent is famous for its file sharing platform that is used all over the world for P2P file sharing. This technology is also decentralized like blockchain-powered cryptocurrencies and crypto tokens. In July 2018, BitTorrent was acquired by the blockchain firm Tron. Recently, BitTorrent’s ex-chief strategy officer, Simon Morris, said in an interview that the famous blockchain-powered computing resources sharing platform, TRON will melt down by the volume of transactions that BitTorrent handles. In harsh criticism,…

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Parents Ask for Bitcoin Donations to Newborn Baby’s College Fund in Newspaper Ad

Parents Ask for Bitcoin Donations to Newborn Baby’s College Fund in Newspaper Ad

A lot of parents set aside each month a little money for their children’s college fund, and many are doing so from very early on of their child’s infancy. But very few are asking for donations for their newborn’s future education, even less so in a public media outlet, and only one couple to date has done so via cryptocurrency. On January 6th, 2019, Izabella Anna Bowles was born. Shortly thereafter, her full name was…

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Industry-Wide Blockchain Adoption Is Pushing Up Salaries for Related Jobs

Industry-Wide Blockchain Adoption Is Pushing Up Salaries for Related Jobs

With a trend of blockchain adoption into company operations for cost and time efficiency, blockchain developers are seeing a rise in their salaries. Due to being a relatively new technology with a very low number of experienced developers, the demand for the best in the business is allowing such developers to demand more pay for their services, especially when they are shifting loyalties and going to new companies. 2018 saw a sharp adoption by many…

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Report: Bitmain Cuts Back its Texas Crypto Mining Project

Report: Bitmain Cuts Back its Texas Crypto Mining Project

It was a great celebration in the cryptoverse last year when Bitmain (a Chinese crypto mining firm) announced its intention to build one of the largest crypto mining centers in the world. But the smiles have been wiped off their faces as the project scheduled to hold in Rockdale TX has hit an unfortunate roadblock. Last year was, indeed, a rough ride for virtually all crypto-related firms and Bitmain isn’t excluded from those stats. The…

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Vermont State Initiates a Blockchain Insurance Pilot

Vermont State Initiates a Blockchain Insurance Pilot

Vermont is the latest US State to devote increased time and money to emerging blockchain technologies. On January 9 the Secretary of State Jim Condos and Department of Financial Regulation Commissioner Michael Pieciak signed a memorandum focused on collaborating together in the blockchain space. The Department of Financial Regulation issued a press release on the topic on January 11. The pilot program will help identify any areas of government that may be improved by blockchain…

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Ethical Hacker? Attacker Returns $100K to Gate.io after Ethereum Classic 51% Attack

Ethical Hacker? Attacker Returns $100K to Gate.io after Ethereum Classic 51% Attack

So this is something you don’t see every day – a hacker who had already managed to swipe around $217,00 in cryptocurrency from the crypto exchange Gate.io, has returned about half of it. Why? No one knows. On January 7, a mysterious hacker succeeded in the heist of approximately $217,000 in the digital currency Ethereum Classic (ETC) from Gate.io throughout what is now known as the “51% attack.” In this sort of hacking attack, the…

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Ethereum Blacklisted in Google Ads According to Reddit Reports

Ethereum Blacklisted in Google Ads According to Reddit Reports

Reddit user eli0tz has brought attention to Google Ads seemingly blacklisting “Ethereum” as a keyword. The user said they have been using keywords containing “Ethereum” for the last 6 months without issue, in order to get more visibility for their “smart contract auditing services”; however, since January 9 they have noticed a change, and now it appears that “ethereum” has been blacklisted. The following error message is now shown: An ad isn’t showing now This…

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South Korea Plans to Include the Blockchain Industry in its 2019 R&D Tax Relief

South Korea Plans to Include the Blockchain Industry in its 2019 R&D Tax Relief

The South Korean government pledged its support for the blockchain industry in 2018 and it hasn’t fallen short of its pledge since then. South Korea’s government provided lots of supports for the blockchain industry last year, and this year it has made a new plan to bolster the adoption and growth of the blockchain industry. Some of the support provided in 2018 included the launch of a scheme to train young blockchain experts and the…

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Pablo Escobar’s Estate Launches Cryptocurrency to Impeach President Trump

Pablo Escobar’s Estate Launches Cryptocurrency to Impeach President Trump

Cryptocurrencies have certainly been known to attract some strange news stories. Recently, there was a story of a Bitcoin miner in Taiwan who was renting stores and putting up phony restaurants to run mining operations with stolen electricity from the same building. In another news, Ethereum classic was the target of a 51% attack. However, the latest news coming from the crypto world sounds a lot stranger than anything we’ve seen so far. Pablo Escobar’s…

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Up to the Task? Bitwise Files for a Bitcoin ETF After a Year of Thorough Research

Up to the Task? Bitwise Files for a Bitcoin ETF After a Year of Thorough Research

An exchange-traded fund (ETF) has been touted as the holy grail of the global crypto ecosystem, yet there is no approved ETF in the space. Bitcoin ETF has been filed several times and it has been denied just as many times as it was filed. The U.S. Securities Exchange Commission (SEC) claims crypto firms are yet to satisfy relevant requirements. Having prepared for about a year, Bitwise Asset Management has announced on January 10 that…

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