The notorious 51-percent attack: it’s the major fault in cryptocurrency protocols but it’s rarely seen, especially among the most popular cryptocurrencies. Yet, in the past couple months, the exploit – whereby a single miner (or group of miners) takes control of over half of the network’s total computing power and can then bend the protocol’s […]

Maqta Gateway, a wholly owned subsidiary of maritime industry developer Abu Dhabi Ports, has developed and deployed its own blockchain solution for international logistics and trade.   Dubbed ‘Silsal’, Arabic for ‘chain’, the blockchain solution is now the first of its kind platform in Abu Dhabi and will enable real-time tracking of cargo and paperless […]

  Major cryptocurrencies including Ether, the native cryptocurrency of the Ethereum blockchain network, Bitcoin Cash, and Ripple have recorded relatively large gains in the range of 4 to 12 percent, as the cryptocurrency market demonstrated a $13 billion increase in valuation over the past 24 hours.   Ether, Bitcoin Cash, Ripple Often, both major cryptocurrencies […]

Block.One is giving away its $4 billion code this weekend and it’s anyone’s guess what will happen next. As profiled by CoinDesk, EOS is set to launch sometime soon, though the company that built its code is going out of its way to prove the software really will be open-source. This means it isn’t even designating an official […]

The rules that govern data are changing rapidly, creating confusion for the companies that use blockchain to support payments, as well as potential investment opportunities for third parties that can ensure compliance. The General Data Protection Regulation, which goes into effect on May 25, and the Payment Services Directive, which went into effect in January, […]

Blockchain startup Paxos has closed a $65 million Series B funding round led by existing investors including Liberty City Ventures, RRE Ventures and Jay Jordan. The firm, which rebranded from itBit in 2016, has now raised a total of $93 million to date, according to a release. Paxos said it aims to use the new funds to scale up […]

Bitcoin’s (BTC) bulls have staged a defense after nearly a month of losses, but a short-term bullish trend reversal is not yet confirmed, the technical charts indicate. As of writing, the cryptocurrency is up 5 percent at $7,487 on Bitfinex, having clocked a four-day high of $7,560 earlier today. A minor corrective rally had been […]

Weixing Chen, co-founder of the Didi Chuxing ride-hailing company, one of the largest technology startups in the global market, is partnering with Yang Jun, co-founder of Meituan, a Chinese on-demand local services firm, to offer a ride-hailing app supported by blockchain technology. Didi Chuxing is valued at close to $60 billion, and is seeking an IPO at […]

Signet Jewelers, the world’s largest retailer of diamond jewelry, has joined Tracr, the diamond blockchain program being developed by South African gem juggernaut De Beers Group. Signet is part of a growing chorus of industry giants that are part of the Tracr pilot program, which will track each diamond that gets mined on a shared […]

The Blockchain Industry Center in Hangzhou, east of China, announced that millions of dollars worth of support will be given to businesses that want to do business on this area. The new policy requires the center to be structured like the Silicon Valley; even if it is stated that it offers serious money support and […]