Blockchain developer warns of centralization risks as crypto AI race intensifies

"This contract opens the door to bigger, more critical uses of blockchain for data protection in a global digital infrastructure, bringing forth the true promises of the core technology," said Benjamin Diggles. 1353 Total views 193 Total shares A blockchain-based initiative from the United States Air Force will employ Constellation's Hypergraph Network to provide data…

BitMEX continues to field major criticism and even anger from traders who lost huge amounts of money in a flash crash involving altcoin XRP. The crash, which occurred at 14.00 UTC on Feb. 13, saw XRP/USD fall 60% from $0.33 to just $0.13 — for two seconds.XRP crashes on BitMEX In that time, traders complain, measures designed…

China Construction Bank (CCB), the world’s second-biggest bank by operated assets, has officially launched its blockchain-based refactoring platform.Targeting commercial factoring business, CCB aims to bolster operations and reduce major risks in its refactoring business while providing shared data access by multiple participants, Chinese news outlet Sina Tech reports Dec. 6.As reported, factoring firms represent third…

The price of Solana dropped 8% over 24 hours and is currently at a critical level of $165, triggering a liquidation of over $400 million in leveraged positions.

"Bitcoin means trusting a SHA256 algorithm more than the U.S Treasury," quipped Blockfolio. 1170 Total views 15 Total shares Crypto players were quick to respond to the news that hackers breached the U.S. Treasury Department.According to a report from Reuters, a “sophisticated hacking group” backed by a foreign government — reportedly Russia, according to three…

Styx Stealer steals data and can reroute crypto transactions coming from an infected computer to the bad actor’s wallet.

Lawmakers in the United States state of California have introduced a bill to allow cannabis-related business to pay fees and taxes in stablecoins. The bill was introduced by the California State Assembly on Feb. 21.Assembly Bill 953 would allow the state, city and county tax offices in California to accept stablecoins — cryptocurrency pegged to…

Friday, Oct. 4 — The top-20 crypto markets are solidly in the green, with just a few reporting mild losses, according to data from Coin360. Bitcoin (BTC) has been trading sideways after its slump from $8,400 to $8,100.Market visualization. Source: Coin360The price of BTC has remained in a narrow corridor between $8,009 and $8,314 today,…