Europol and London’s Met Police are on to Monero, Zcash, and Dash, as the top cryptocurrencies for cybercrime, but there is not much they can do. Anonymous Cryptocurrencies Problematic for Europol As crime linked to cryptocurrency takes an increasingly high profile, police cryptocurrency experts are struggling with the cryptography behind a...
22-year old Swede Theodor Forselius co-founded Everipedia, an organization that intends to take on Wikipedia as the internet’s premier encyclopedia. Earlier this month, Everipedia landed a $30 million deal with former Goldman Sachs partner Michael Novogratz’ new crypto-bank Galaxy Digital. Everipedia aims to overtake Wikipedia as the world’s leading digital encyclopedia. The...
It all started last year when Andrew Courey was planning to earn $20 million by the age of 14, so he could drop out of school. He then looked for investment opportunities, including bitcoin and all the overnight fortunes made through investing and mining the cryptocurrency. Andrew wasn’t yet convinced...
Ethereum smart contracts are hot technology as of right now. While many companies see merit in this technology, there are security issues a swell. Researchers discovered several vulnerabilities which put millions of Dollars at risk. This is worrisome news, although there is a positive side to it as well. Security...
Japan’s National Police Agency said today that they received reports on 669 cases of suspected money laundering linked to cryptocurrencies from exchange operators between April and December of last year; This is just a tiny fraction of the total, as 347,000 money laundering cases were reported by traditional banks...
As cryptocurrency usage becomes more widespread both above and below the law, various authorities are increasingly required to perform seizures on funds used in criminal cases. Thanks to the various anonymity properties of digital coins, however, it’s proving difficult to track these forfeitures. This lack of transparency leaves critics...
“The issue of competitive currencies by private-sector organizations and the survival and loss of currencies due to market competition is an ideal institutional system.” – Friedrich Hayek, Nobel Prize-Winning Economist The rise of blockchain technology is making Hayek’s dream become reality. There is still much progress to make though; competitive currencies...
The cryptosphere is growing exponentially as enthusiasts across the world are hard at work on improvements and new technologies. Let’s take a look at a few of these techs, and what they could mean for the world of cryptocurrencies and blockchain in 2018. 1. Off-chain channels A concept that first saw...
Hurify Inc. founded by Ex-Intel veterans, is an Ethereum based decentralized platform that facilitates IoT Developers monetizing their IoT hardware resources and services via smart contracts. These resources include: 1) Distributed remote hardware for product development usage. 2) Skilled and highly-trained IoT engineering talent for building products and technologies. Hurify’s Background Hurify has...
Over the past year, Bitcoin’s meteoric rise has captivated the financial world, but the political world has had trouble catching on. Washington, for the most part, remains ignorant of cryptocurrencies and blockchain technology. Fortunately, that may soon change, with Brian Forde running for Congress in California. A roster of prominent crypto investors...