‘Blockchain Bandit’ Has Stolen 45,000 ETH by Guessing Weak Private Keys, Report Claims April 23, 2019

A “blockchain bandit” has managed to amass almost 45,000 ether (ETH) by successfully guessing weak private keys, according to a report released by Independent Security Evaluators on April 23. Adrian Bednarek, a senior security analyst, said he discovered the sophisticated hacker by accident. While guessing a private key is meant to be a statistical improbability, he managed to […]

Arca Funds Files With SEC to Issue Stablecoin-Like Digitized Shares on ETH Blockchain April 16, 2019

Arca Funds, an American institutional-grade investment manager, is seeking regulatory approval to issue digitized securities on blockchain, according to a filing document released on April 12. The company has filed with the United States Securities and Exchange Commission (SEC) to issue its Arca UST Coins — digitized shares that will be authenticated and then recorded […]

Russian Gas Giant Gazprom to Use Blockchain in Gas Supply Agreements April 4, 2019

The Russian prime minister has welcomed an initiative to use blockchain in agreements over gas supplies by the country’s state-owned gas giant Gazprom, local finance news outlet Vestifinance reports on April 4. The news agency operates under Russian Television and Radio Broadcasting Company (RTR), a major TV channel. The head of Russia’s state-owned gas giant […]

Blockchain-Based Diamond Exchange Cedex to Start Trading Diamonds Worth $50 Million March 28, 2019

Blockchain-enabled diamond exchange Cedex has secured more than 6,000 diamonds worth over $50 million that will be traded on its platform, Finance Magnates reported on March 27. Per the report, citing a press release from the firm, the supply is meant to ensure that traders have a sufficient variety of options from the launch of […]

Ex-NATO Secretary General Bullish on Blockchain as He Partners With Swiss Startup March 21, 2019

Swiss blockchain identity network Concordium has hired former Danish prime minister and NATO secretary general Anders Fogh Rasmussen as a strategic advisor, the company confirmed in a press release on March 20. The Concordium Foundation, the controlling entity behind the Concordium Network that launched a proof of concept in January, aims to tackle blockchain deployment […]

BitGo Launches Custody for Blockchain Capital’s Security Token BCAP March 19, 2019

Blockchain security firm and wallet service BitGo has announced support for Blockchain Capital’s ERC-20 token, according to a press release shared with Cointelegraph on March 19. Blockchain Capital’s BCAP token is a security token based on the Ethereum (ETH) blockchain that was launched in a $10 million initial coin offering (ICO) back in April 2017. […]

Google Deletes Crypto Malware Targeting Blockchain.com, MyEtherWallet Users March 15, 2019

A Google Chrome browser extension tricking users into participating in a fake airdrop from cryptocurrency exchange Huobi claimed over 200 victims, a security researcher reported in a blog post on March 14. The extension for Chrome web browser, with the name NoCoin, gained 230 downloads before Google deleted it, according to Harry Denley, who runs […]

Republican Leader McCarthy Proposes Blockchain Transparency in Government March 14, 2019

Kevin McCarthy, the Republican leader of the U.S. House of Representatives, has called for an exploration to see if blockchain can make the U.S. government more efficient and transparent. In a speech before the Select Committee on the Modernization of Congress on Tuesday, McCarthy said that blockchain is “revolutionizing” the security of the financial industry […]

From Stablecoins to Blockchain Trials: Japanese Players Are Going Crypto as the Local Government Is Overseeing the Market March 5, 2019

The beginning of the year was particularly eventful for the Japanese crypto ecosystem, which is generally considered to be a major part of the industry. First of all, Japan’s Central Bank (BoJ) issued a study on the role of central bank digital currencies (CBDCs) in the current monetary system, a topic that was widely discussed […]

Blockchain in Health Insurance: More Accuracy, More Transparency and More Efficiency February 21, 2019

The evolving relationship between blockchain tech and the health sector has already been thoroughly documented, yet something that’s received less attention is the increasing role blockchains are set to have in the health insurance industry. This industry was worth over $600 billion in 2017 in the United States alone, while calculations suggest that as much as $375 […]

Chinese Tech Giant Baidu Launches Blockchain OS to Support DApp Development February 14, 2019

Chinese search engine and web services company Baidu has launched its Baidu Blockchain Engine (BBE), an operating system designed to facilitate decentralized application (DApp) development. The news was officially announced by Baidu’s cloud computing unit, Baidu Cloud, on Feb. 14. Baidu Cloud states that it considers an open source, commercialized platform to be “the only […]

Bithumb Partners With Blockchain VC Firm Nvelop to Launch Exchange in UAE: Report February 12, 2019

South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The Financial News reported Feb. 12. The UAE-based platform is reportedly to be developed in partnership with Abu Dhabi-based firm Nvelop and will function as a springboard for Bithumb to expand into other countries in the […]

Ethereum Hackathon ETHDenver Partners With UNICEF on Blockchain Bounty System January 31, 2019

Upcoming Ethereum (ETH) hardware hackathon ETHDenver is partnering with UNICEF on a blockchain bounty token system, according to a press release shared with Cointelegraph Jan. 31. The token aims to incentivize developers to create projects which promote social good, the press release notes. ETHDenver — set to take place February 15-17 in Denver, Colorado — […]

Insurance Giant Aetna Partners With IBM on Blockchain Network for Healthcare Industry January 25, 2019

United States-based health insurance giant Aetna has partnered with IBM to create a blockchain network tailored to the healthcare industry, Reuters reported Jan. 24. Estimated to serve over 39 million clients globally, Aetna has reportedly issued a joint statement with IBM clarifying that the blockchain system will be designed to streamline insurance claims processing and […]

StanChart’s Singapore Unit Completes First Blockchain-Powered Trade Finance Deal January 24, 2019

The Singapore unit of London-headquartered multinational banking and financial services firm Standard Chartered has completed its first blockchain-powered trade finance deal. The news was reported by Singapore’s English-language financial daily The Business Times on Jan. 24. The bank reported that the blockchain solution — developed by blockchain startup Distributed Ledger Technologies — had enabled an […]

Multi-Blockchain Crypto Collectible Game Integrates TRON and Promises Unique Updates December 29, 2018

Blockchain Cuties, a decentralized crypto collectible game already available on two blockchain platforms — Ethereum (ETH) and EOS — has recently added a third platform based on the decentralized protocol TRON. Blockchain Cuties has announced that the TRON version of the game will have unique content, including Cuties, items and probably locations. Future of DApps […]

From “Obsolete” Blockchain to Bitcoin at $1 Mln: Predictions of 2018 December 28, 2018

The world of cryptocurrencies is full of prophets and predictions of all ranges, just as any other financial market in the world. 2018 jumped right in with Bitcoin (BTC) hovering around $15,000 and investors being far too optimistic about the future of digital currencies. Some of the premonitions — especially related to BTC’s price by […]

UN Partnership to Roll Out Blockchain-Based Telemedicine, Telepsychology in East Africa December 27, 2018

The United Nations Office on Drugs and Crime (UNODC) will reportedly partner with blockchain-based telemedicine and telepsychology firm doc.com to expand free basic healthcare services across Eastern Africa. News of the partnership was shared with Cointelegraph in an email on Dec. 26. In an officially sealed letter signed on Dec. 20 by Amado Philip de […]

Ex-CIA Official Claims Blockchain Is ‘Biggest Threat’ to Future of US National Security December 25, 2018

Andrew Bustamante, reportedly a former CIA intelligence officer, has claimed blockchain is “super powerful stuff” that represents a threat to America’s national security. Bustamante, who specializes in publishing life-hacks based on his knowledge of espionage, made his elliptical remarks in a subreddit thread on Dec. 22. Bustamante is also reportedly a United States Air Force […]

Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO December 16, 2018

The CEO of crypto merchant platform BitPay Stephen Pair stated that speculation on future adoption drives Bitcoin’s (BTC) price more than “actual utility,” in an interview on CNBC Dec. 13. Speaking on the reasons behind Bitcoin’s current value, compared to its historic price highs, Pair told reporters: “A very big component of the [Bitcoin’s] price […]

Blockchain Incubator Binance Labs Releases First ‘Batch’ of Blockchain Projects December 15, 2018

Binance Labs, the venture wing of the largest cryptocurrency exchange Binance, has released its first “batch” of blockchain projects from its Incubation Program, according to a press release shared with Cointelegraph on Dec. 14. Binance Labs is an initiative that seeks to help early-stage blockchain and digital assets projects and entrepreneurs through direct investments and […]

Europe Takes Serious Steps Towards Blockchain Adoption December 14, 2018

After months of monitoring and observing the “promising and challenging” potential of distributed ledger technology (DLT), the European Union (EU) is finally making a turn into the blockchain industry. How it all started Back in February 2018, the European Commission (EC) launched the EU Blockchain Observatory and Forum, aimed to support European cross-border engagement with […]

Decentralized Browser Brave Becomes Default on HTC Blockchain Smartphone December 11, 2018

Decentralized browser Brave is now the default browser on a phone from major smartphone manufacturer HTC, technology news outlet CNET reported Dec. 10. Founded in 1997, HTC is a Taiwanese consumer electronics manufacturer, which was the leading smartphone vendor in the U.S. at the end of 2010, according to TechCrunch. The company’s market share began […]

Blockchain Policy Development in China Concentrated in Three Cities December 8, 2018

Beijing, Shanghai and Guangzhou — or BeiShangGuang — has become the most concentrated area of ​​relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7. The Chinese securities newspaper has analyzed blockchain-related policies introduced throughout the country in the recent years, and concluded that there are 32 blockchain-related policies within […]

US Dept. of Homeland Security Takes Interest in Investigating Blockchain Transactions December 4, 2018

The U.S. Department of Homeland Security (DHS) is seeking information about investigating and analyzing blockchains, including those used for privacy coins, according to a pre-solicitation notice published Nov. 30. DHS has released a proposal, which invites interested parties to comment and design applications for blockchain forensic analytics in respect to emerging cryptocurrencies. The proposal also […]