News > Blockchain

New Zealand-Based Crypto Exchange Confirms it Suffered Major Security Breach
New Zealand-based cryptocurrency exchange Cryptopia suspended trading and went offline on Tuesday after revealing that it had suffered a security breach, resulting in "significant losses." The company said in a tweet that the hacking happened on Monday, January 14 and that after it had been "identified by staff, the exchange was put into maintenance while we assessed the damages." https://twitter.com/Cryptopia_NZ/status/1085084168852291586?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1085084168852291586&ref_url=https%3A%2F%2Fwww.fastcompany.com%2F90292464%2Ftappan-zee-bridge-demolition-watch-a-video-of-the-explosion
How America’s Dying Rust Belt Town Can Transform into “Smart Cities” of the Future
The death of the American manufacturing sector made ghost towns out of cities across America. In these challenging times, some cities were successful at reinventing themselves and went on to forge new economies and transform their once-sprawling, empty lands into something new, something remarkable. Year after year, Pittsburgh appears on best cities for jobs lists, thanks to its burgeoning tech
China’s Anonymity-Unfriendly Blockchain Rules Are Set to Take Effect in February
Blockchain
Looking to use blockchain anonymously in China? Well, you may want to consider moving. Regulation Asia reports that China’s internet censorship agency, the Cyberspace Administration of China (CAC), has published its final rules on regulating blockchain-based information and technical services and that they are slated to take effect on February 15. The rules state that any website or mobile app
Jampp Claims Blockchain Can Disrupt Tech Giants Like Google and Facebook
Blockchain
Tech giants like Google and Facebook have made headlines for their large-scale mishandling of and for profiting from the personal information of their users. In order to protect the data they produce and rightfully own, users are increasingly turning to blockchain as a way to track and quantify their information. Jampp Joins Wibson’s Consumer Data Marketplace As Data Buyer Telefonica-backed
Malaysia Will Begin Regulating ICOs as Securities This Week
Malaysia's Securities Commission (SC) announced that it will begin regulating initial coin offerings (ICOs) and cryptocurrency exchanges this week, with a regulatory framework for digital assets expected to be launched by the end of the first quarter. By regulating ICOs as securities, the SC notes that "the offering of digital assets, as well as its associated activities, will require authorisation
Expert Commentary: 10th Anniversary Of The First Bitcoin Transaction
Blockchain
This weekend will mark the 10th anniversary of the very first bitcoin transaction. On January 12, 2009, Satoshi Nakamoto sent 10 bitcoins to a US software engineer, Hal Finney (who some believe may have been one and the same). vjkombajn / Pixabay Below is a selection of commentary from a variety of industry experts from companies in the blockchain space,
Glimpse into the Future At Hong Kong Blockchain Week
The first thing to know about blockchain technology is that there is a lot to know. There is, of course, Bitcoin, which has always been seen as Batman to blockchain's Robin, or vice-versa. But since those early days when Bitcoin and blockchain were seemingly joined at the hip, the nascent technology has begun to outgrow its exclusivity with cryptocurrencies: From
Cyber Security Trends That Would Impact Businesses in 2019
As we move into 2019, the need to keep on constantly updating our organization from the Cyber Security point of view tends to take central role across any organization that we are a part of. That it has become as imperative a discussion point as the top and bottom line, investors, working capital, or perhaps mergers and acquisitions is down
Ethereum Classic Transactions Halted After a Cyber Attack
Blockchain
Today, leading cryptocurrency exchange Coinbase announced that it had halted all ethereum classic transactions, withdrawals, and deposits on the exchange due to a series of blockchain history reorganizations on the network — one that resembled a 51% attack. Adding to an ongoing discussion of limited security in the crypto space, the hack means that the ETC network and its corresponding exchanges became susceptible
Report: China Bitcoin Mining Giant May Seek a U.S. IPO This Year
China's second-largest manufacturer of Bitcoin mining hardware could file for an initial public offering in the U.S. this year, Bloomberg reports. Caanan Inc., which has nixed earlier plans for an IPO in Hong Kong, could begin selling shares in New York in the first half of this year, according Bloomberg. Citing "people with knowledge of the matter," Bloomberg noted that