Tag Archives: Blockchain Technology

Some analysts are warning that the Lightning Network is becoming a frequent target for thieves and hackers.The Lightning Network Is Open to AttacksThe Lightning Network is a new platform designed to assist bitcoin and make it faster by processing several small transactions off-chain. As bitcoin is the biggest and most popular blockchain in the world, it is often bogged down by the amount of activity it witnesses. It has slowed down heavily over the years, resulting in too much traffic and...

Cryptocurrency appears to be garnering more and more attention as the coronavirus spreads. According to crypto lending platform Block Fi, the company’s monthly revenue has doubled since cases began to spike, suggesting that more people are beginning to see BTC and other forms of crypto as the ultimate way of hedging their wealth against inflation and other economic problems.Block Fi Is Heading for the TopHowever, in a blog post, the company suggests that the bitcoin halving that occurred at...

Sundrania Fund Services Corp (aka Sundrania) has unveiled its new crypto administration platform that can handle any unique needs of the world’s growing list of digital currencies.Sundrania Is Bringing the Cloud and Crypto TogetherThrough Sundrania, companies utilizing the platform will be able to outsources all their operations through cloud technology. The application will also allow these companies to integrate themselves with the world’s leading cryptocurrency exchanges. Thus, if they...

A new three-strike rule is now in effect for crypto businesses looking to apply for New York’s dreaded BitLicense.The Dreaded BitLicense Just Got a Lot WorseRegulators have issued a warning telling users that anyone looking to apply for a BitLicense could potentially have their applications thrown out or quickly rejected granted they do not follow the feedback or rules brought forth by New York-based lawmakers. Granted a rejection occurs three times, the company will not be permitted to try...

Well, well, well… It looks like after years of needless fear and concern, institutional players have a stronger presence in the crypto space than we originally thought.Institutional Players Need to Work Hard for Crypto to GrowIt has often been stated that institutional players are necessary if the cryptocurrency space is going to ever serve as a legitimate and mainstream financial marketplace. For crypto to ever rank amongst cash and credit cards, professional traders must have a hand in how...

Civic Technologies – a startup based in San Francisco – is developing a new blockchain application that will allow people to prove to their employees that they don’t have COVID-19.Civic Technologies Looks to Blockchain to Battle CoronavirusCOVID-19 – or the coronavirus, as its more commonly called – first came about in December of 2019. Developed allegedly in a Chinese lab, the virus spread like mad throughout several regions of the world including Europe, the United States and other parts of...

The U.S. government has hired a new comptroller of the currency, and his name is Brian Brooks. What makes Brooks so interesting? He’s a bitcoin and blockchain bull and a former attorney for Coinbase. How ironic that he would work in an administration headed by Donald Trump, who in the past, has expressed negative opinions of bitcoin and other cryptocurrencies.Brian Brooks: Blockchain Gives Us Great PowerIn a recent interview, Brooks explained that he sees blockchain as a major turning point...

Pavel Durov – co-founder of encrypted messaging service Telegram – isn’t taking his latest defeat sitting down. The Securities and Exchange Commission (SEC) has recently brought the company’s TON blockchain program to a crashing halt, and Durov is frustrated about the situation.What Does the Defeat of Telegram Mean for the Future?In a recent interview, Durov explained that the news is bad for other countries in that while they can elect their officials, they are still very dependent on the...

Telegram has ended its dealings in cryptocurrency. An encrypted messaging service, Telegram initially announced a token sale of its new “GRAM” token, which garnered the company more than $1 billion in additional funds, but thanks to a longwinded fight with the Securities and Exchange Commission (SEC), it looks like the GRAM is never going to get off the ground.The Battle Is Lost for TelegramThe GRAM token was supposed to work in cahoots with the company’s new TON blockchain. Customers of the...

Cascadia Blockchain Group Corp. in Vancouver has announced that it has developed a new payment system that would allow for crypto to fiat transactions.Cascadia Empowers Crypto to Fiat PaymentsThe entire payment platform would be powered through debit cards, which would contain the fiat currency that has come from the digital coins in question. Once digital coins are transformed into fiat, they are stored on cards that the customers keep in their wallets. They can then be used for purchasing...