Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash

In the history of blockchain to be written in textbooks, 2018 will probably be known as the year of failing at scaling. An outcry for scalable blockchain systems in 2017 led to a number of companies making attempts at solving the problem of scaling and gradually realising that it’s not that simple.As the year has…

China’s central bank may test digital yuan on Meituan Dianping’s food delivery platform with 435 million users. The People’s Bank of China (PBoC) is planning to add the Tencent-backed food delivery giant Meituan Dianping to its list of platforms that will test real-world use cases of the digital yuan.Meituan Dianping is a Bejing-based food delivery…

China will “definitely” deploy its new digital currency within the next six months to a year, a local blockchain investor has said.Speaking to CNBC on Nov. 20, Edith Cheung, partner at blockchain-focused venture capital fund Proof of Capital, appeared convinced about the digital currency’s imminent arrival.Cheung: rollout could come in May 2020“I think definitely within…

Cybersecurity company McAfee Labs has released its August 2019 threat report, which notes an increase in cryptojacking campaigns and ransomware attacks in Q1 2019.Cryptojacking on the riseMcAfee Labs posted their report on the company’s website on Aug. 28. According to the report, crypto jacking — installing and running a cryptocurrency miner without user permission —…

Taiwanese consumer electronics giant HTC has revealed plans to launch a second-generation model of its blockchain-centric smartphone before the end of 2019. The news was announced in a report from English-language Asian IT news source Digitimes on April 29.According to HTC’s chief decentralized officer Phil Chen, the development is a bid to boost smartphone sales…

Crypto is currently languishing like the internet did in 1996 with slow speeds and few practical use cases, says Steve Newcomb, chief product officer of Matter Labs. But a major increase in bandwidth and security soon after saw the internet become a crucial part of daily life across the globe — and we’re right on…

It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold. Meanwhile, I am certain that humanity has much to learn from its past transgressions, and will move forward by correcting our mistakes and…

In a move that could point towards greater decentralization and wider access, the Nexus Mutual community is currently considering a proposal to sunset the coverage protocol’s legal entity and lift Know Your Customer (KYC) burdens currently necessary to interact with the platform.The proposal was announced yesterday in a Tweet by investment fund 1kx co-founder Christopher…

The Financial Monitoring Agency, Kazakhstan's financial watchdog, emphasizes the need to regulate the sector. 443 Total views 28 Total shares The Financial Monitoring Agency of the Republic of Kazakhstan reported earlier on Tuesday that 55 illegal mining farms “voluntarily stopped their operation” due to an enforcement campaign by the regulator, and another 51 entities’ operations…