Upgraded Hyperledger Fabric Sees 7-Fold Increase in Transaction Speed

Upgraded Hyperledger Fabric Sees 7-Fold Increase in Transaction Speed             Researchers have re-engineered the Hyperledger Fabric to support almost seven times more transactions per second (TPS), according to a May 2 news release from Canada’s University of Waterloo. A new series of optimizations increased the volume of data that the blockchain — used by financial […]

Singapore and Canada Central Banks Complete First Cross-Border Blockchain Payment

Singapore and Canada Central Banks Complete First Cross-Border Blockchain Payment              The central banks of Singapore and Canada have successfully used their blockchain networks to send each other digital currency, a joint press release confirmed on May 2. As part of the distributed ledger technology (DLT) projects being pursued by both banks, the Monetary Authority […]

Celebrity Crypto-Investments: A Boost for the Industry but Also a Distraction

Celebrity Crypto-Investments: A Boost for the Industry, but Also a Distraction Marketing loves celebrities — and with good reason. They're “celebrated” people, individuals invested with bulk quantities of cultural capital (i.e., public respect, goodwill and interest), which — if tapped correctly by marketing firms — can be reflected onto endorsed products. This is why they've […]

Amazon Web Services Launches Managed Blockchain Service

Amazon Web Services Launches Managed Blockchain Service              Amazon Web Services (AWS), the cloud computing platform subsidiary of retail giant Amazon, has made its Amazon Managed Blockchain (AMB) generally available, according to an announcement on April 30. The product will purportedly allow customers to set up blockchain networks within their organizations, and uses the Ethereum […]

Bart Chilton: Former CFTC Regulator Crypto Holder and ICO Endorser

  Bart Chilton: Former CFTC Regulator, Crypto Holder and ICO Endorser               Last weekend, Bart Chilton, a former commissioner of the United States Commodity Futures Trading Commission (CFTC) and early advocate for cryptocurrency regulation, died at the age of 58. Apart from his work for the regulator, he was best known as the host of […]

Indian Banks Consider Promoting Blockchain Tech Use for Payments

Indian Banks Consider Promoting Blockchain Tech Use for Payments             The National Payments Corporation of India (NPCI) is considering implementing blockchain technology to increase the strength of digital transactions, Indian business magazine Business Today reports on April 14. The initiative of ten banks, under the aegis of the Indian Banks’ Association (IBA), aims to improve […]

Poll: Americans give social media a clear thumbs-down

Poll: Americans give social media a clear thumbs-down A sizable majority say social media does more to divide the country than unite it, according to the latest NBC News/Wall Street Journal poll.            Fifty-seven percent of Americans say social media does more to divide the nation than unite it.NBC News WASHINGTON — The American public […]

43 Million Lost as Crypto Scams in Australia Rise 190 in 2018

$4.3 Million Lost as Crypto Scams in Australia Rise 190% in 2018            A 190% increase in cryptocurrency scams saw Australian consumers lose $6.1 million Australian dollars ($4.3 million) in 2018, according to a report released by the country’s Competition and Consumer Commission on April 29. The substantial rise from the AU$2.1 million ($1.48 million) lost in […]

325 Million Bitcoin-Accepting Real Estate Project in Dubai Pauses Operations

$325 Million Bitcoin-Accepting Real Estate Project in Dubai Pauses Operations               The Aston Plaza in Dubai, a major bitcoin (BTC) real estate project, is reportedly pausing its operations, British daily news agency The Times reports on April 28. The $325 million project — developed by founder of the Ultimo lingerie brand Michelle Mone and her […]

Consumer-Trageted Cryptojacking Is Essentially Extinct: Research

Consumer-Trageted Cryptojacking Is "Essentially Extinct": Research              Illicit crypto mining — or cryptojacking — against consumers “is essentially extinct,” declares a report released by cybersecurity company MalwareBytes on April 23. Per the report, after in-browser miningservice CoinHive shut down in early March — when the team claimed that the project had become economically inviable — […]