Bitcoin

Cambodia May Issue A National Cryptocurrency

An established technology company is using Blockchain to dismantle Donec ullamcorper nulla non metus auctor fringilla. Cras mattis consectetur purus sit amet fermentum. Curabitur blandit tempus porttitor. Morbi leo risus, porta ac consectetur ac, vestibulum at eros. Nulla vitae elit libero, a pharetra augue. Donec ullamcorper nulla non metus auctor fringilla. Cras mattis consectetur purus … Continue reading Cambodia May Issue A National Cryptocurrency
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An established technology company is using Blockchain to dismantle

Donec ullamcorper nulla non metus auctor fringilla. Cras mattis consectetur purus sit amet fermentum. Curabitur blandit tempus porttitor. Morbi leo risus, porta ac consectetur ac, vestibulum at eros. Nulla vitae elit libero, a pharetra augue.

Donec ullamcorper nulla non metus auctor fringilla. Cras mattis consectetur purus sit amet fermentum. Curabitur blandit tempus porttitor. Morbi leo risus, porta ac consectetur ac, vestibulum at eros. Nulla vitae elit libero, a pharetra augue.

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Meanwhile, purchasers looking for precision parts have a greater chance

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Given Adobe After Effects’ impressive tools and functionality, it remains the go-to many industry professionals.

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Bitcoin

Bitcoin’s Irreversibility Challenges International Private Law: Legal Scholar

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A German law professor has argued that permissionless networks such as Bitcoin (BTC) pose the greatest challenge when it comes to applying private law to the blockchain.

In an Oct. 18 article entitled Who Owns Bitcoin? Private (International) Law Facing the Blockchain, Professor Matthias Lehmann, chair of the Institute for International Private Law and Comparative Law at the University of Bonn, argued against the role of property law concepts for the blockchain in most scenarios.

Blockchain’s irreversibility and a-nationality

Professor Lehmann identified two categories of legal problems that can arise in implementations of blockchain — both of which are lesser discussed, he suggested, than widely reported cases such as fraud or coercion.

These are either endogenous problems — faulty transfers inside the ledger, such as erroneous transactions — or exogenous problems, such as the opening of insolvency proceedings. He argues that blockchain is “incapable…


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Ethereum

TZero-Backed Startup Wants to Launch Security Token Market

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Boston Security Token Exchange (BSTX), a platform jointly owned by BOX Digital Markets and Overstock’s blockchain arm tZERO, has filed an application with the United States Securities and Exchange Commission (SEC) to approve the launch of a market for publicly traded registered security tokens.

In the rule change proposal released by the SEC on Oct. 11, BOX asks the commission to “adopt rules to govern the trading of equity securities on the Exchange” which “would operate a fully automated, price/time priority execution system for the trading of ‘security tokens.’”

Establishing its own listing standards

The firm also hints at having its own listing standards by specifying that only tokens meeting them would be listed on the platform. The 129 pages long document explains in detail how the rules under which the exchange operates would need to change and how the platform…


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Blockchain

UK-Based Digital Exchange to Use R3’s Corda for Post-Trade Processes

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Archax, a London-based digital securities exchange, will use blockchain software firm R3’s Corda technology to manage post-trade activities.

On Oct. 18, Archax announced in a press release that its post-trade processes will now run on distributed ledger technology. Archax will use a private version of Corda Enterprise within its own ecosystem.

Graham Rodford, CEO of Archax, said that current post-trade processes in traditional financial markets involve many intermediaries, making them highly inefficient. Rodford said that using blockchain technology will make markets more efficient.

Post-trade processes occur after a trade is complete, wherein a buyer and seller of a security approve the transaction, provide trade details, amend ownership records, and transfer the securities and cash. 

Industry’s heightened interest in Corda tech

In recent months, financial institutions around the world have expressed interest in Corda technology. 28 organizations including…


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Bitcoin

Bitcoin a ‘Gift’ That Will Change Humanity

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Computer scientist and general manager of WeWork South Africa, Stafford Masie, has said that Bitcoin (BTC) will change the future of humanity more than any other technological innovation. 

In a keynote delivered at the SingularityU South Africa Summit on Oct. 16, Masie — formerly the CEO of Google Africa — said that Bitcoin’s provision of an exchange of value without intermediaries is the greatest gift mankind has ever received technologically.

Revolutionary for global trade

Masie argued that while the crypto wallet is “misunderstood, misused, misrepresented and viewed as complicated,” it will revolutionize global trade. Its main potential, he continued, is not for developed and already highly digitized economies, nor for cash-dominated informal economies, but for what he dubbed “third economies” in which barter systems still prevail:

“The third economy is an economy where people don’t have access to electronic forms of distributing value or cash […] Think of…


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Ethereum

Crypto Firms Join Azure as Microsoft Fights Amazon for Market Share

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Thanks to the high computational flexibility that it offers, the influence of cloud computing on the blockchain space continues to grow. It’s less of a surprise, then, that cloud computing giants — such as Amazon, Microsoft, Oracle and Google’s parent company Alphabet — are leading the charge to merge blockchain, especially the enterprise type, and the cloud.

Microsoft in particular has been actively engaging with blockchain startups that are developing blockchain solutions for the enterprise market, working with them to deploy their solutions on the Microsoft Azure cloud infrastructure.

The company’s aggressive approach to bolstering the blockchain functionalities of Azure could be a move to take the lead in the blockchain cloud market, which should expand as the underlying blockchain industry continues to grow. Microsoft Azure is currently behind the cloud market leader, Amazon Web Services, by a wide margin. Amazon…

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Blockchain

Blizzard Bans Hearthstone Player, Blockchain Comes to Rescue

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The gaming world burst into an outrage as a result of Blizzard’s move to expel a leading professional gamer from Hong Kong, Chung Ng Wai (aka Blitzchung), from its international Hearthstone esports tournament. Hearthstone is an online game featuring collectible cards that give players certain characters and abilities for an edge against their opponents.  

It was not long until Gods Unchained, a rival blockchain-based game, claimed it will give back Blitzchung all his rescinded winnings and welcome him into their tournaments. 

Blitzchung was removed from the Hearthstone Grandmaster tournament he had just won as soon as he said: “Liberate Honk Kong, the revolution of our time” in an interview. In a display of solidarity with the Hong Kong protestors, the 21-year-old gamer wore a gas mask (frequently donned by the protestors) right before…

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Bitcoin

Fake Tor Browser Steals Bitcoin From Darknet Users, Warns ESET

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Major antivirus software supplier ESET has discovered a trojanized Tor Browser designed to steal Bitcoin (BTC) from buyers in the darknet.

Fake browser distributed via 2 websites

Targeting users in Russia, the fake Tor Browser was distributed via two websites and has been stealing crypto from darknet shoppers by swapping the original crypto addresses since 2017, ESET’s editorial division WeLiveSecurity reported Oct. 18.

Created back in 2014, the two fake Tor Browser websites — tor-browser[.]org and torproect[.]org — are mimicking the real website of the anonymous browser, torproject.org. 

According to the Slovakian software security firm, these websites display a message that users have an outdated version of Tor Browser even if they have the most up-to-date Tor Browser version, offering to download the fake version containing malware.

Over $40,000 stolen in Bitcoin

According to the firm, the newly discovered malware has been distributed for…


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Blockchain

What Does Skepticism for Libra Say About Bitcoin?

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Facebook’s dream of being a cryptocurrency giant is seemingly becoming more distant by the day, as increasing regulatory uncertainty continues to jeopardize the company’s Libra project. While Libra has been surrounded by anything but good news even before its launch, crypto watchers should ask themselves, Does Bitcoin need Libra to thrive at all? A crypto world without Libra — is that a good thing or not? What would a no-Libra crypto world be like, and how would that impact Bitcoin?

Scrutiny

Despite its innovative approach and its ambition as a global currency, Facebook’s Libra seems to remain an unwelcome presence in the world of traditional finance, especially from a regulatory perspective. Just recently, a G-7 report warned that a global cryptocurrency like Libra could pose a risk to the global financial system. The report highlighted Anti-Money Laundering (AML)…


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