What happens to lost Bitcoin?
Billions of dollars worth of Bitcoin are trapped in digital limbo. Discover the strange world of lost Bitcoin and what it means for the future of cryptocurrency.
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IBM Releases Security Testing Tool for Enterprise Blockchain Takers
IBM has launched an operational version of its in-house security testing tool for blockchain solutions, the company confirmed in a press release on March 5.IBM Security’s X-Force Red, the firm’s dedicated security task force, released the X-Force Red Blockchain Testing service in order to tackle remaining inefficiencies in enterprise blockchain deployments.“IBM X-Force Red is seeing…
Lawyers for Israeli Crypto Entrepreneur Say White Paper Confers No Legal Responsibility
Moshe Hogeg, the Israeli entrepreneur behind blockchain firm Stox (STX), has denied misappropriating investors’ funds in a response to the lawsuit filed against him. Online newspaper The Times of Israel reported the development on Saturday, Feb. 9.As Cointelegraph wrote earlier in January, Chinese investor Zhewen Hu has sued Stox and its founder for $4.6 million.…
Crypto Mining Firm Giga Watt Files for Bankruptcy, Faces Eviction in Washington County
Major U.S. crypto mining and blockchain firm Giga Watt has filed for bankruptcy on Monday, Nov. 19, Washington daily newspaper Wenatchee World reported yesterday, Nov. 20.The top-five crypto mining firms entrant has reportedly filed for Chapter 11 protection in the Eastern District of Washington bankruptcy court, claiming that the firm is "insolvent and unable to…
Hong Kong issues generative AI guidelines for consumer protection
The HKMA introduces new principles for using generative AI, emphasizing governance, transparency, and data protection in consumer-facing applications.
World Economic Forum’s Nadia Hewitt Talks Supply Chains, COVID-19 and Blockchain
Last week, the World Economic Forum (WEF) published a major new blockchain deployment toolkit designed to help governments, enterprises and organizations worldwide to develop more resilient value chains going forward after the COVID-19 crisis. The toolkit’s authors believe that the case for blockchain implementation is stronger than ever in the wake of the pandemic and has…
Study: 58% of video game developers are already using blockchain
Games have been pay-to-play, but blockchain and NFTs are here to change that, Stratis CEO Chris Trew told Cointelegraph. 2131 Total views 41 Total shares A new study from the United Kingdom revealed that most game studios have already started exploring blockchain technology for their upcoming titles.Commissioned by blockchain platform Stratis and undertaken by insight…
Bloomberg: Amid Bear Market, Crypto Venture Fund Strategy Wins out Over Hedge Fund Model
Amid the 2018 market slump, the launch of new crypto venture funds for the first time exceeded that of new hedge funds in the space, according to a Bloomberg report on Jan. 30.Bloomberg cites data from Crypto Fund Research that indicates that 125 new crypto venture funds — which typically provide capital in exchange for…
To ICO or to IDO? That is the question
Initial DEX offerings are the new initial coin offerings. So, what’s the difference between an IDO and an ICO, other than that one letter? A lot actually. In some ways, ICOs and IDOs have more in common with each other than they do with initial exchange offerings, which have more than a few features of the traditional…