Crypto

What Would Happen if Bitcoin Crashed? Not Much

As the price of bitcoin rises and falls, some are left wondering what would happen if the coveted cryptocurrency crashed. According to a video from CoinTelegraph, a crash for bitcoin would have no impact on the world economy whatsoever. With a market cap of $137 billion USD and 40 percent of all bitcoin being held by just 1,000 people, according ...

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Blockchain patents ‘skyrocketing’ in 2020 with Alibaba leading the way, says study

Blockchain patents are ‘skyrocketing’ in 2020 with Alibaba by far the leading publisher, according to a new study. The research, from IP consulting provider KISSPatent, found Alibaba had published 10 times more blockchain-related patents than IBM, in second place, in 2020. The study came about to better assess the number of blockchain innovations and patents across the spectrum. KISSPatent used ...

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Things You May Not Know About Cryptocurrencies

On May 22, 2010, a programmer purchased two large Papa John’s pizzas for 10,000 bitcoins which was worth about $30 at the time.  Less than a decade later, on 17 December 2017,  a single bitcoin was priced at $19,891.00, meaning 10,000 bitcoin would get you over 13 million pizzas and was worth close to $200 million dollars. It’s widely believed ...

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Most cloud-native attacks looking to mine cryptocurrency, report warns

A new threat report from Aqua Security has revealed the majority of attacks analysed on cloud-native infrastructure were for mining cryptocurrency – with a ‘growing, organised and increasingly sophisticated’ pattern of attacks noted. The report, from Team Nautilus, Aqua’s cybersecurity research unit, detailed a year’s worth of attacks observed in the wild, looking at methods used to attack container infrastructure ...

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An Analysis of Global Cryptocurrency Regulations

It’s been more than ten years since cryptocurrencies entered the market, but they still have not seen the traction they deserve or was expected of Satoshi Nakamoto’s amazing gift to the world… and that’s partly because there are many nations that consider tokens as an illegal currency. Cryptocurrencies have reached the international level with the help of the blockchain network, ...

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Blockchain spend to hit $4.1bn in 2020 as banking and manufacturing lead ‘robust’ investments

Global spending on blockchain solutions will reach $4.1 billion (£3.18bn) this year at an increase of more than 50% compared to 2019, according to IDC. The analyst firm’s latest Worldwide Blockchain Spending Guide forecast a five year CAGR of 46.9%, reaching a total of almost $17.9bn by 2024. In total, banking and manufacturing – both process and discrete – will ...

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South Korea’s biggest job site using blockchain to verify applications in ‘full implementation’

South Korean technology provider ICONLOOP and recruitment platform SaraminHR have announced success in a pilot to prevent job application fraud through blockchain technologies. The two companies signed an agreement earlier this year to build and promote a blockchain-based decentralised identity ecosystem, among other services. The announcement relates to what is claimed as ‘the first full implementation of blockchain technology in ...

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At World Markets, Artificial Intelligence Has Revolutionized Trading

For long, developers have attempted to come up with an Al-based solution to increase profit returns in cryptocurrency trading. One of the first steps taken in this area was the creation of models that use a network to make cryptocurrency valuation predictions. World Markets has invested heavily in advanced supercomputing systems developed to conquer the most difficult global financial markets. ...

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Visa joins Hyperledger as SAP, Swisscom and Tencent gain service provider certification

Hyperledger has announced its latest tranche of members and certification holders, with companies including Visa, Swisscom and Tencent all on board. The announcement, which comes before the organisation’s annual member summit, showcases eight new members, as well as seven companies who have become Hyperledger Certified Service Providers (HCSPs). The other new members, alongside Visa, are blockchain startups. Chainstack, a provider ...

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