Category : CoinJournal

The Case for Universal Basic Income Gains Strength As Recession Fears Deepen

Britain’s protracted and problematic Brexit from the European Union, coupled with China’s falling exports and America’s record trade deficit, has deepened fears of a recession at the start of 2019. Those looking beyond the doom and gloom believe the...

Danish Crypto Startup Aryze Completes US$1.6M ICO

Aryze, a Danish crypto startup developing a global payments system, has completed its initial coin offering (ICO), raising US$1.6 million from 278 individuals representing 14 different nationalities, the company said on Thursday. Established in 2017,...

The Bitcoin Cash Mining Death Spiral Scenario

The concept of a bitcoin mining death spiral has been around for many years. The basic idea is a large number of bitcoin miners may stop mining at nearly the same time because their activity is no longer profitable. Due to the way the Bitcoin protoco...

Deloitte: Blockchain, a Top Tech Trend in 2019

Three new technologies, namely blockchain, cognitive and digital reality, have taken up the “disruptor” mantle, each poised to become a distinct macro force in its own right, according to a new report by Deloitte. Deloitte’s annual Tech Trends report...

NZ Police Investigate Crypto Exchange Cryptopia Hack

New Zealand police are investigating the hack of cryptocurrency exchange Cryptopia, which resulted in “significant losses” that some estimate could amount to more than US$3.5 million. Christchurch company Cryptopia, which has been said to be opera...

Cybersecurity Startup Rivetz to Integrate Sentinel Protocol Threat Intelligence Platform

Cybersecurity startup Rivetz has partnered with Sentinel Protocol, a crowdsourced threat intelligence platform built on blockchain technology, to implement the Sentinel Protocol threat intelligence platform as an oracle for the Rivetz Network. The in...

Blockchain Digital Identity Startup Authenteq Raises US$5M

Blockchain digital identity startup Authenteq has raised US$5 million in funding from Draper Associates and Capital300. The company is reportedly in talks with additional investors about a second closing of the Series A funding round which CEO Kari T...

Blockchain Startup Monerium Raises US$2M Seed Round

Icelandic blockchain startup Monerium has closed a US$2 million seed funding round led by the Nordic VC fund and Crowberry Capital, with participation from New York-based blockchain software technology company, ConsenSys, and Hof Holdings. Monerium w...

Mongolia Capital City to Pilot Blockchain Payment System

Mongolia’s capital city of Ulaanbaatar has unveiled plans to launch a pilot program that will see the city’s Nalaikh district deploy a blockchain-based payment system developed by stablecoin startup Terra. The pilot program will launch within the nex...

Mongolia’s Capital City to Pilot Blockchain Payment System

NFT Ecosystem to be Explored at First-of-Its-Kind NFT.NYC Next Month

Next month, NFT.NYC will be taking place, bringing together gamers, artists, blockchain developers, and fans to showcase the impact that non-fungible tokens (NFTs) are having. Taking place Wednesday 20th February at the Playstation Theater in New Yor...

Developers Point Out Flaw in Lightning Network’s Cross-Chain Functionality

While the Lightning Network is mostly known as a way to make Bitcoin payments instant and practically free, another often-touted aspect of the layer-two protocol has been its ability to enable a sort of decentralized exchange as a side effect of its...

Banned From Twitter & Reddit, Dark Overlord Disappears from Steemit

After being removed from Twitter and Reddit, the Dark Overlord Hacking group’s account has been taken off of Steemit. It is unclear at this time if the decision came from Steemit or the group itself. The “why bitcoin matters” argument got a sho...

Blockchain Insurtech Startup PAL Network Inks Partnerships with Toyota Tsusho and Allianz Malaysia

PAL Network, an insurtech startup using blockchain technology to offer smart contract-based insurance products, has signed two memorandum of understanding (MoU) agreements with Toyota Tsusho Corporation and Allianz Malaysia to develop proofs-of-conce...

Ethereum Classic Blockchain Suffers 51% Attack, Exchanges React

Ethereum Classic, an offshoot of Ethereum with an overall market capitalization of $531 million, suffered a 51% attack, which led to double spend. At press time, the asset is trading at $5.05, marking a drop of almost 10% within the last 48 hours. Th...