Chinese President States Blockchain Is “Reshaping the Global Economic Structure”

Chinese President States Blockchain Is “Reshaping the Global Economic Structure”

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Chinese President Xi Jinping — the leader of the world’s second-largest economy — has described blockchain as accelerating “application breakthroughs.” Addressing the annual Chinese Academy of Sciences conference on May 28, China’s leader hailed blockchain technology as one that “profoundly affected the country’s future and destiny.” The President noted: “Ever since the start of the…

Potential EOS Mainnet Launch Delay: Internet Security Giant Identifies High-Risk Security Vulnerabilities

Potential EOS Mainnet Launch Delay: Internet Security Giant Identifies High-Risk Security Vulnerabilities

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Qihoo 360, China’s largest internet security company, recently published an announcement that the upcoming EOS mainnet launch scheduled for June 2, 2018 could potentially be delayed due to a series of high-risk security vulnerabilities that could cripple the entire EOS network. The May 29th announcement states that the 360 team identified a flaw within the…

2017 Saw 'Exponential' Blockchain Startup Growth, Says China's IT Ministry

2017 Saw 'Exponential' Blockchain Startup Growth, Says China's IT Ministry

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Forty percent of all Chinese blockchain startups emerged in 2017 alone, according to a new report published by China’s IT Ministry

This Week in Bitcoin: Ghost Scares Markets, Facebook Mulls Coin

This Week in Bitcoin: Ghost Scares Markets, Facebook Mulls Coin

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This week’s round-up features a colorful selection of bitcoin stories but we’ll start with the possible explanation for recent market dips. Most cryptocurrencies dropped in price over the period, following developments with depressing effect on traders. In Japan, Mt. Gox’s bitcoins stored in court ordered wallets have moved again, while in South Korea, the largest…

Researchers Find Bitcoin Network 3X More ‘Evil’ Than the Public Internet

Researchers Find Bitcoin Network 3X More ‘Evil’ Than the Public Internet

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Just recently a research group called Rapid7 published a report that reveals over a year’s worth of research regarding malicious activity tethered to Bitcoin Core (BTC) full nodes. By utilizing data collected from a network called ‘Project Heisenberg,’ and its internet scanner ‘Project Sonar,’ alongside intelligence from Bitnodes, the team had found quite a lot…