Blockchain News - AllStocks Network

Block.one Announces EOSIO 2.0: More Security, Speed and Stability

Posted on January 15, 2020January 15, 2020 by Julie Williams

Over six months after the crypto industry leader Block.one, parent of the cryptocurrency EOS, teased us with an improved version of the EOSIO 1.0 protocol, the blockchain firm is back on the scene with a better, faster and more secure version: the EOSIO 2.0. Around mid-2019, Block.one announced a newer version of the EOSIO 1.0 protocol. The newer version, which is obviously an upgrade from the first version, was dubbed EOSIO 2.0, and the crypto-oriented…

Spain’s Telecom Giant Telefonica to Host 8,000 Firms on its Blockchain Network

Posted on January 13, 2020January 13, 2020 by Julie Williams

Telefonica, one of Spain’s biggest and largest telecommunications companies (and the world’s), announced last week that it is throwing an open-house party for as many as eight thousand crypto and blockchain firms in its new blockchain garden. To cater to such a gigantic crowd, the telecom giant joined forces with the local Association of Science and Technology Parks (APTE). Via the partnership, up to 8,000 local blockchain and crypto startups will have uninterrupted access to…

China Rolls Out National Blockchain Network to Enhance Virtual Economy

Posted on January 12, 2020January 12, 2020 by Rehan Yousaf

China’s nationwide blockchain network is due to be launched in the upcoming months. The blockchain-based service network (BSN) will contribute to improving the infrastructure of the blockchain sector in the country to develop the layout for newer blockchain projects and accelerate the growth of smart cities and the virtual economy. The BSN is being released six months after the testing process for the technology began. The new network will be backed by the State Information…

UN Secretary-General: We Must Embrace Blockchain to Achieve Our Goals

Posted on December 30, 2019December 30, 2019 by Julie Williams

Although the technology was first made popular with cryptocurrencies, there is a boatload of other potential that blockchain holds. The United Nation’s (UN) secretary-general made this clear in a statement provided to Forbes recently. Known for his pro-blockchain attitude, Antonio Guterres is suggesting that the UN should embrace blockchain in its totality to be able to ‘actually’ achieve its sustainable development goals (SDGs). He states: “For the United Nations to deliver better on our mandate…

Chinese Official Affirms Expansion of Blockchain Cross-Border Pilot Program

Posted on December 26, 2019December 26, 2019 by Rehan Yousaf

Lu Lei, China’s deputy head of the State Administration of Foreign Exchange (SAFE), recently engaged with stakeholders at a conference in Beijing where he said that the state agency is currently considering expanding the blockchain pilot to facilitate an enhanced integration of fintech and foreign exchange markets. Lei said that in order to expand its blockchain cross-border platform across global forex markets, the government will undertake a prospective study to assess and evaluate regulatory measures…

Blockchain Company NULS Hacked; $480K Worth Tokens Stolen

Posted on December 25, 2019December 25, 2019 by Rehan Yousaf

NULS, an open source blockchain-powered platform, posted a security update notice on their social media account on Twitter on 23rd December. NULS announced that the security team at the company has recently detected an account belonging to NULS that was attacked by black hat hackers and resulted in a total loss of 2 million NULS tokens, which would be equivalent of $480,000 US dollars. The blockchain firm further details that among the digital currency lost…

Chinese Regulators Probe Fitness App Qubu for Illegal Crypto Fundraising

Posted on December 19, 2019December 19, 2019 by Julie Williams

The latest on the crypto scam list is a pyramid scheme organized by a Chinese fitness app called Qubu. The app promises its users some amount of its native tokens ‘Candy’ for completing daily exercises. All the user has to do is to walk 4,000 steps a day for 45 days and he/she is qualified for 15 Candy tokens. Sounds too good to be true, yes? Organized like an innovative blockchain idea, Qubu made its…

Blockchain Startup Alchemy Raises $15M to Accelerate Global Expansion

Posted on December 19, 2019December 19, 2019 by Rehan Yousaf

After the first round of a Series A funding, the San Francisco based blockchain firm Alchemy has announced that it has raised additional $15 million. The startup was founded by two computer science students, Nikil Viswanathan and Joe Lau, who were classmates at Stanford. Together, they also created a social mobile application called Down to Lunch which helps users find hangout-ready friends using emojis. Google chairman John Hennesy, LinkedIn founder Reid Hoffman, and Yahoo founder…

ISIS Terrorists Presence Detected on Blockchain Messaging App BCM

Posted on December 18, 2019December 18, 2019 by Rehan Yousaf

Recent private monitors online have discovered that the Islamic State of Iraq and Syria (ISIS) terrorist organization has been using the messaging app BCM that is developed with blockchain technology to communicate with its members while remaining undetected by the authorities. The nature of blockchain technology can also allow the terrorist organization to transfer digital assets and cryptocurrency across the globe anonymously, which presents a challenge to the international law enforcement agencies. Prior to the…

AMD Joins Blockchain Game Alliance to Build Blockchain Platforms for Gamers

Posted on December 17, 2019December 17, 2019 by Rehan Yousaf

Advanced Micro Devices (AMD), an American company that develops computer processors for businesses, has announced that it will be joining the Blockchain Game Alliance (BGA) and will be collaborating with technology providers. This will increase the creation of gaming platforms that will be powered by blockchain technology. AMD will be the first major hardware manufacturer to partner with the BGA. It will provide a platform for alliance members with high-performance technologies for gaming platforms which…

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