777.Bingo (Telegram Channel: https://t.me/bingo777) is a blockchain platform with an ambitious but a straightforward business plan – to make money by selling real people a product they actually want – games. “For people in the game industry, the only thing is how to make games profitable,” the company’s Chief Strategy Officer (CSO) …
Read More »Washington State County Moves to Limit New Bitcoin Mining Firms
The public utility from a county in Washington state long known as a destination for power-hungry bitcoin miners has said it will stop reviewing applications for new operations. Members of the Chelan County Public Utility District (PUD)’s board of commissioners voted unanimously to stop reviewing applications for mining facilities and similar data …
Read More »Coinbase Bug Allowed Users To Steal Unlimited ETH, Wallet Paid $10K Bounty For Discovery
Major US crypto wallet provider and exchange service Coinbase has rewarded a Dutch company with a $10,000 bounty after it discovered a smart contract glitch allowing users to steal “as much as they want” in Ethereum (ETH), according to a report made public today, March 21. The issue, which VI Company reported to Coinbase December …
Read More »Bitcoin Rally Cools Despite Twitter CEO Backing of a Bitcoin-Led Future
Investing.com – The bitcoin rally eased on Wednesday despite Twitter CEO Jack Dorsey’s endorsement of the popular digital currency, claiming it would become the “world’s single currency.” Bitcoin fell 0.66% at $8,865.1 after hitting a high of $9,177.5 on the bitfinex exchange. “The world ultimately will have a single currency, the …
Read More »CryptoKitties Receives $12 Mln In Funding From Big Name Investors
CryptoKitties, the Ethereum-based virtual collectible game developed by Blockchain startup Axiom Zen, has raised $12 mln in funding from a group of investors, led by two top venture capital firms Andreessen Horowitz and Union Square Ventures, as reported by CryptoKitties’ Medium account on March 21. CryptoKitties (谜恋猫)@CryptoKitties CryptoKitties has raised $12M to make the blockchain purr. https://medium.com/cryptokitties/cryptokitties-receives-12m-in-funding-38322f90ab65 … …
Read More »UK launches task force to scrutinize cryptocurrency risks and benefits
Britain will unveil a task force that examines both the risks and benefits of cryptocurrencies. The U.K.’s finance department, the Treasury, announced Thursday that the task force includes Britain’s central bank, the Bank of England, and the Financial Conduct Authority watchdog. The task force is part of a wider fintech, or financial …
Read More »Inside Polkadot’s Radical Plan for Governing a Blockchain of Blockchains
Who has the authority to change a public blockchain? It’s a question that has been in the minds of top cryptocurrency developers as the many available networks struggle to serve their diverse, often conflicting stakeholders. But that’s not to say there aren’t norms and best practices – the ability to …
Read More »How Much Should a Blockchain Cost? The Compelling Case for Higher Fees
According to a group of researchers, cryptocurrency users are a bunch of freeloaders. Well, maybe they wouldn’t go that far, but they argue users aren’t paying for certain data they should be paying for, and in turn, are putting the growth of blockchain networks at risk. At least that’s the …
Read More »Korea Telecom Announces Blockchain For Network Security
South Korea’s leading mobile carrier, Korea Telecom (KT), said Tuesday that it plans to use new telecommunications system powered by blockchain security solutions. KT’s digital infrastructure project, dubbed “Future Internet,” will let people and businesses earn rewards for using their own data instead of portal operators like Google, which currently …
Read More »The ‘Crypto Bubble’ Is About More Than Market Mania
I was at Token Fest in San Francisco last week. It was truly a “Fest.” The cocktails flowed at a VIP party the evening before opening. The next morning a band of mariachis and an elaborately costumed troupe of dancers led the first waves of a total of 1,800 attendees …
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