11FS is trying to raise $50 million to create a blockchain fund
According to recent reports, it seems like a new fintech consultancy firm is trying to raise a total of $50 million to invest in blockchain-based startups that strive to …
Gatecoin Exchange is Investigating a Possible Hack
Gatecoin, the regulated cryptocurrency exchange is investigating a potential leak of funds in its hotwallet, employees of Gatecoin detected last night what appeared to be suspicious transactions, and decided to …
Factom Technical Analysis for 05/13/2016 – Will 0.0023 Turn Into Support?
May 13, 2016
Factom, Market Analysis
My last Factom article – the one on the 4th of May – outlined the technical importance of the 0.00255 price level, and this area acted twice as resistance …
Russian Finance Ministry Pushes Draconian Digital Currency Draft Bill
Disagreements continue between various branches of the Russian government regarding the criminalization of digital currencies in the country. A new draft bill submitted by Russia’s Finance Ministry – which …
Magic Johnson Exits Square After Less Than A Year
May 13, 2016
News, Technology
Square has become one of the most attractive and affordable credit card payment processors in recent times, and the addition of Magic Johnson to their board was seen as …
Law Enforcement Is Powerless Against The Deep Web
Both ransomware and malware are two significant threats to computer users all over the world these days. Most of the threats originate from the deep web, but Hong Kong …
Dr. Gavin Wood Abruptly Resigns as Curator of the DAO
Dr. Gavin Wood, head of Ethereum-based solutions developer firm Ethcore, has announced his resignation as curator of the Slock.it’s DAO (Decentralized Autonomous Organization). According to Wood’s post, one of …
Ethereum Technical Analysis for 05/13/2016 – Major Resistance at 0.024
May 13, 2016
Ethereum, Market Analysis
Today, the ETH exchange is hovering above 0.023 for the first time since the beginning of April. In the past two months, the 0.023 pivot zone prevented the market …
Smart Contracts May Need To Play By Dumb Rules
Smart contracts seem to become the norm these days, although there is an argument to be made as to how “smart” these contracts truly are. While there is a …