Amazon has announced the creation of a blockchain-based framework aimed at helping developers create products and services with ease. The AWS Blockchain Template allows you to 'deploy Ethereum and Hyperledger Fabric frameworks using managed and certified AWS CloudFormation templates'— it is essentially a means of streamlining the process of making and manipulating DApps … [Read more...] about Amazon Announces Its Own Blockchain Project
The irony of Coinbase closing WikiLeaks account wasn’t lost on crypto guru Andreas Antonopoulos. Antonopoulos tweeted “We have come full circle. Many people's interest in bitcoin started when Wikileaks was out under an extrajudicial embargo by VISA, MC, PayPal, and banks. Now Coinbase has repeated history. Oops.”Many Twitter users have said they will close their Coinbase … [Read more...] about Coinbase Crypto Exchange Closes WikiLeaks Shop Account
An American took to the litecoin subreddit on April 21, 2018, to say “Today I found out Two thousand three hundred ninety-nine Litecoins were stolen from my wallet on April 12, 2018." A few days earlier he had reached out to the developers of the Electrum LTC wallet on GitHub with his plight. In both the GitHub and Reddit posts danbel79 provided a detailed breakdown of how he … [Read more...] about How Did Litecoin Owner Lose $350,000 Worth of Coins?
Details about the much anticipated Casper version of Ethereum have been released, giving the public a general idea of what changes we should expect. The biggest feature of Casper is that it will eventually convert Ethereum from Proof of Work (PoW) to Proof of Stake (PoS).Before Casper fully arrives, the 'Hybrid Casper' version will be released, essentially preparing the … [Read more...] about Details About Ethereum’s Huge Update Have Been Released
Basic Attention Token (BAT) has formed a partnership with Dow Jones Media Group. The new partnership will act as a means of allowing Dow Jones to test out BAT's Brave Browser and software.A press release by Basic Attention Token reveals that the main reason for joining with Dow Jones is so that they can bring 'premium content to new audiences' and test 'blockchain … [Read more...] about Brave Partners With Dow Jones
On April 13, 2018, several high profile exchanges temporarily closed their doors to Nano due to an error regarding their recent v11 update, but it appears these problems have now been resolved. The Nano development team have officially released v12 of the software.Within a press release, the Nano team explained what happened and what decisions they chose to make. One of the … [Read more...] about Nano v12 Has Been Released, Solving Withdrawal and Deposit Issues
Russian entrepreneur Pavel Durov was CEO of social networking site VKontakte, which he founded with his brother Nikolai, until the Kremlin and Putin’s allies took over the network in 2014. Since then, he’s been a wandering nomad moving from country to country every few weeks, but he’s technically now a citizen of St Kitts and Nevis.The Durov brothers formed Telegram around … [Read more...] about Pavel Durov, Founder of Telegram, Refuses to Give Russia the Encryption Keys
It has not been the best start to the year for crypto enthusiasts. All the news in Q1 seemed to be dominated by FUD as financial authorities slated crypto, high profile hacks seemed to doom the industry to a future of harsh regulation, and investors felt the effects of the bear market, but this is only half the story. If you’ve been looking in the right places, there are plenty … [Read more...] about The Future Is Bright for Crypto
Top crypto investors reportedly met with SEC officials to argue that the technology should be exempt from the financial watchdog’s oversight.According to a report in the Wall Street Journal, Andreessen Horowitz and Union Square Ventures held a meeting with senior SEC officials on March 28. They met with the SEC to continue the ongoing debate over how cryptocurrencies … [Read more...] about Investors Want SEC to Exempt ICOs From Securities Regulations
Iceland is very popular with cryptocurrency miners because the hardware they use requires a cool environment and an abundance of low-cost electricity. When bitcoin was trading at close to $20,000 towards the end of 2017, crypto mining was a very lucrative business. Hardware to mine bitcoin costs upwards of $2,000 and can be in short supply when the price of bitcoin is at an … [Read more...] about Crypto Criminal Absconds with Prime Minister of Iceland
One of the business sectors that have thus far not really introduced blockchain technology is travel and tourism. Bitcoin was created, in part, to reduce the costs of transferring funds from A to B as banks typically charge a fee of 2% or 3%, and it was envisaged that this could be done much cheaper with blockchain technology. Until recently, bitcoin transactions were only … [Read more...] about Is Travel and Tourism the Next Industry to Be Disrupted on the Blockchain?
Kraken co-founder Jesse Powell has responded to the inquiry launched by the New York Attorney General Office by calling it “insulting” and insists that Kraken will not respond.New York’s Attorney General, Eric Schneiderman sent 13 letters to crypto exchanges on April 17, 2018, asking exchanges to provide details of their operations claiming it was an attempt to increase … [Read more...] about Kraken CEO Will Not Respond to the NYAG’s “Insulting” Demands
Wanchain, a fork of Ethereum that adds extra features such as private transactions, is transitioning out of its ICO phase. The Wanchain ERC-20 token (WAN) can now be swapped for Wanchain's own coin (also named WAN). Here is what you need to know if you have ERC-20 WAN tokens. You can take part in the 'token swap' right now If your ERC-20 WAN tokens are in your own Ethereum … [Read more...] about Wanchain Is No Longer ERC-20— Here’s What You Need to Know
Like many crypto-based websites, Crypto Disrupt published the story about Yassin Hankir doing an exit scam with the proceeds of the Savedroid ICO. Estimates of the amount of money he had plundered ranged from $4 million to $50 million and a worldwide hunt for the conman was quickly put in place by the tech-savvy crypto community.In the Crypto Disrupt article, and across the … [Read more...] about Yassin Hankir Exit Scam of Savedroid Was a Despicable PR Stunt
On April 18, 2018, the developers of Savedroid closed their Telegram channel, replaced their website with a meme, and the founder posted 'Over and out' on his Twitter account. It was almost certain that they had pulled an exit scam and had run away with investors' money— but on April 19, the lead developer Yassin Hankir revealed that it was, in fact, all a hoax.On the … [Read more...] about Savedroid — Cruelty as an Act of Marketing
The company that owns Pornhub, the world’s largest porn streaming website, has announced that it will be accepting crypto payments in the form of a little-known privacy coin, Verge (XGV).Mindgeek, the company that owns famous porn sites Brazzers and Pornhub, announced on April 17 that they would be accepting crypto as a method of payment for their premium services. … [Read more...] about Pornhub Accepts Crypto but Claims It Will Pave the Way for Widespread Adoption Could Be Premature
Savedroid, an ICO focused on allegedly making cryptocurrency more accessible, has just exit scammed. It has entirely wiped its website clean, replacing it with a satirical meme, and the founder Yassin Hankir has even confirmed this move in a recent Twitter post saying 'Over and out.'It is unclear just how much Hankir and Savedroid have stolen from the community, but … [Read more...] about Savedroid ICO Tricked the Crypto Community and Exit Scammed
Cambridge Analytica, the political data firm that has recently come under fire for allegedly using data acquired from Facebook to build profiles of voters, may have been planning to launch their own ICO. According to a report in the New York Times, Cambridge Analytica (the London-based data firm involved with the recent Facebook scandal) have been planning to make a quiet move … [Read more...] about Cambridge Analytica: Notorious Data Firm Planned an ICO
One problem that hinders widespread adoption of cryptocurrencies is how inaccessible they are to the layman. Without first learning how to set up a wallet and how to purchase coins from an exchange, most people would have no idea where to start.Crypico offers a solution, a free-to-use platform that allows skilled freelancers to use their skills to earn a crypto of their … [Read more...] about Can a Decentralized Freelance Platform Bring Crypto to the Masses?
Coinbase has chosen to acquire the Bitcoin-based Q&A email service Earn.com, and as per their agreement, Earn's CEO, Balaji Srinivasan, will become Coinbase's new CTO.For those that are unfamiliar, Earn is a service that allows users to get paid for replying to emails, answering questions, and completing surveys. The service has gained a reputation for making it easy to … [Read more...] about Coinbase Acquires Earn.com