Posts

Showing posts from May, 2019

Altcoin News: Just 376 People Control One-Third of Ethereum and 448 People Own 20 Percent of All Bitcoin

Image
A new study by the analytical company Chainalysis Inc. shows that 376 people control a third of Ethereum coins. Chainalysis senior economist Kim Grauer explained that they had filtered crypto addresses and collected information only about “whales” or large holders of cryptocurrency who hold their assets in digital wallets and not on an exchange.  Read more

Government formation and Blockchain Voting

Image
As the elections in India come to a close I am looking at news telecasts and wondering if there is ever going to be a perfect election. I was traveling across the US for another venture of mine in 2016 when the Republican candidate Donald trump handed a surprise defeat to Democratic candidate and favorite Hillary Clinton.  Read more

Binance to burn all ERC20 tokens in their hot, cold wallets; will convert them into BEP2 tokens

Image
Changpeng Zhao, CEO and Founder of Binance, today announced the burn of ERC20 tokens present in the exchange’s hot and cold wallets. An equal amount of BEP2 tokens will be generated after the burn, all of which will be deposited in a new wallet. Read more

Happy Birthday Bitcoin! 10 Facts, 1 Per Year, To Celebrate

Image
Celebrate Bitcoin’s 10th anniversary, and brush up on your Bitcoin history trivia, with 1 fact per year from 2008 to 2018. Read more

Bosch is testing car charging station on Ethereum’s blockchain

Image
Bosch is a German company that has laid out a vision for the charging of electric cars in the economy through building on the blockchain technology. Read more

Blockchain needs more government support

Image
It recently surfaced in the news cycles that New York State Assemblyman Clyde Vanel said that the blockchain industry needs to get better at lobbying for itself and also on educating regulators. Read more

Binance says more than $40 million in bitcoin stolen in ‘large scale’ hack

Image
Cryptocurrency exchange Binance has confirmed a “large scale” data breach, in which hackers stole more than $40 million in cryptocurrency.... Read more

No Smart City without a Smart Contract

Image
All hail Malta! We all know that Malta is the hotbed for blockchain activity and the government there is leading the way. Now, they have declared that they are about to take the registry of companies on blockchain. This will go a long way in proving the irrefutability of Blockchain data is indeed a boon for business and law alike.  Read more

Blockchain and Cross Border Payments - Sinha Santos

Image
I just came to know that Singapore’s central bank sent a payment to Canada using blockchain technology last week. This got me thinking about how major governments are missing this chance when it comes to inter-departmental payments. Read more

Bitcoin Enters May On A Good Note As Price Reaches $5,600

Image
Bitcoin looks all set for a good month as bullish sentiment mounts amid optimism and various predictions of a serious oncoming crypto bull run. Read more

Bitcoin tax refunds now an option for 140 million US taxpayers

Image
Blockchain payments processor BitPay  announced  yesterday that it had entered into a partnership with tax-related finance solutions provider Refundo....  Read more