Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express

Japan’s Mitsubishi UFJ Financial Group (MUFG) has officially announced it will launch a new blockchain-based payment system, according to a press release published on Feb. 12.The world’s fifth-largest bank is working on the project in partnership with United States content delivery network Akamai, with the aim to launch in H1 2020.Dubbed the “Global Open Network,”…

Bitcoin (BTC) and most major altcoins are witnessing profit-booking on July 25 as the bulls scale back their positions before the Federal Open Market Committee meeting on July 26 through July 27. This indicates that the sentiment remains fragile and that bulls are not confident about carrying long positions into the event.Several analysts have retained…

The United States subsidiary of major European crypto exchange Bitstamp has been granted a virtual currency license from New York state’s financial regulator, according to an official press release from the New York Department of Financial Services (NYDFS) on April 9.The license, known as a BitLicense, has been awarded by the NYDFS to Bitstamp USA…

David Chaum has launched a new private messaging system that claims it can keep message data and information about its users secure against the most powerful computers. 259 Total views 4 Total shares The new private messaging app called ‘xx messenger’ has been developed by renowned cryptographer David Chaum and it claims to be quantum-resistant.The…

Tokenized shares in an ambitious property development pipeline will become available to investors once the new marketplace goes live. 209 Total views 1 Total shares Ethereum-based real-world asset (RWA) tokenization platform Blocksquare has partnered with a Florida-based real estate company to offer fractional ownership in a pipeline of US commercial properties valued at over $1

Naples’ mayor, Luigi de Magistris, has posted an impassioned pledge to launch an autonomous municipal cryptocurrency that, he says, would unshackle the city from “anti-southern discrimination” and “unfair” debt, on his Facebook public profile September 2.De Magistris argued for the new currency as part of a threefold plan of action that would reclaim political and…

A wallet linked to ransomware attacks funneled funds through a mining pool to make it seem like the digital assets were earned through mining. 501 Total views 4 Total shares While good actors within the crypto space channel their creativity toward building new things, bad actors use the same energy to devise more ingenious ways…

A report by investment management firm VanEck shows that Bitcoin can greatly improve the “risk and return reward profile of institutional investment portfolios.” The research shows that even a small allocation to Bitcoin in a portfolio mix of 60% equity and 40% bonds enhanced the cumulative return. The best portfolio return was seen with an investment…

Blockchain software development firm Parity released an update for its Ethereum (ETH) node software which fixes a vulnerability present in some instances.Remote node crashing vulnerabilityIn a blog post published on Aug. 29, Parity announced the release of an update for its Ethereum node software fixing the Remote Procedure Call (RPC) vulnerability. Per the announcement, nodes…