Category: Blockchain

The crypto twitter has brought to light and resurfaced the long-standing rumors of Binance charging projects extensive listing fees. Christopher Franko, co-founder of an Ethereum-forked Expanse, tweeted out that he had just received an email from Binance quoting a listing fee. Just got a new @binance listing quote. 400 BTC — Christopher Franko 🧐 (@FrankoCurrency) August 8, 2018 The number one cryptocurrency exchange by trading volume, according to Franko, demands…

In a recent thread on Reddit, Vitalik Buterin, co-founder of Ethereum and Charles Hoskinson, founder or Cardano, got into a heated public debate regarding their different Proof-of-Stake models. Ouroboros, the Proof-Of-Stake model developed for Cardano by IOHK, and Casper, the Proof-Of-Stake model that is being led by Ethereum developers Vitalik Buterin and Vlad Zamfir, are both under development and testing and not ready for release at this point. The reply…

According to a formal release by The Commonwealth Bank of Australia (CBA), the CBA which is Australia’s largest bank has been mandated to issue bonds exclusively using Blockchain technology. This mandate has been given directly by the World Bank which is a sign that the World Bank is in approval of Blockchain technology. What does this mean? CBA will have exclusive rights as the sole issued of the world’s first…

Everipedia which is known to be a blockchain based and decentralized database of information has announced its launch. It will rival the popular Wikipedia. Wikipedia according to the developers of Everipedia has way too many regulations which are not the idealistic way that online encyclopedias should be run. The interesting part is the co-founder of Wikipedia, Dr. Larry Sanger is the Chief Information Officer of Everipedia. The hiring of Dr.…

A few days ago it was stated that John McAfee’s hardware wallet, BitFi, had been hacked by a 15-year-old. BitFi disregarded the statement and said it was false through a video, posted, through John McAfee’s personal Twitter Account. Now there seems to be proof that a 15-year-old kid has hacked it. In a video, he plays Doom on the wallet which he posted on Twitter, and the video has got…

Cryptocurrency exchange giant, Binance, has revealed a pre-alpha demo for its own decentralized exchange (DEX). Binance CEO and crypto billionaire, Changpeng Zhao, most commonly known as CZ, presented the basic functionality on the video published on the Binance official YouTube channel. The product team demonstrated the actions like issuing or creating of a token, listing of the token and trading of the token against another token on the decentralized exchange.…

Ukraine’s Electoral Commission have revealed that they are testing a voting scheme which uses the NEM blockchain to combat electoral fraud. The reveal was made yesterday (August 7th) in a Facebook post from Oleksandr Stelmakh, head of the State Register with the Electoral Commission of Ukraine. In the post, he explains how the project works and why voting is an ideal use case for the NEM blockchain, citing the impossibility…

Voting through the Blockchain Technology is now not a thing from the future. The IT infrastructure to make it come true is indeed a reality. Because of this, the American troops who are serving overseas will now be able to vote in this year’s Senate election very easily. This has been possible only after West Virginia decided to allow people to cast their votes through a mobile voting platform. This…

Twitter has indeed been helpful for the crypto industry. Jack Dorsey, the CEO of Twitter, said that Bitcoin would be the currency of the internet. However, Twitter has also promoted a significant number of scams, and many argue that the crypto world within Twitter is mostly fake. Most recent research has uncovered a vast amount of bots that mimic legitimate accounts on Twitter to spread scams. Bots have been all…

We have already reported on the Korean treasure hunting company Shinil Group recently publishing a sensational announcement of locating the long-lost Russian warship ‘Dmitrii Donskoy’. The armored cruiser was sunk is 1905 by the Japanese troops and its wreck is rumored to safeguard thousands of gold bars, as well as 200 tons of gold coins, worth around $133 billion in total. Shinil has confirmed the claims, saying its treasure hunters…