BitPay Executive Weighs in on the Bitcoin Price Surge

Bitcoin price has been in the spotlight of the financial media lately with its soaring value and is understandably getting plenty of attention. In a televised interview on Bloomberg, an executive at BitPay – the largest payment processor in the industry, outlines his reasons for the price swell. Sonny Singh, chief commercial officer at BitPay […]

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Allianz Trails Blockchain Tech for Catastrophic Swap Instruments

Allianz Risk Transfer and Nephila Capital Ltd. have used blockchain smart contract technology to conduct a natural catastrophe swap in a pilot test, demonstrating that processing and settlement can be accelerated between insurers using blockchain-based smart contracts. The test indicates blockchain-based contracts can also be applied to other insurance and investment transactions. Cat Bonds And […]

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Ethereum’s Solidity Flaw Exploited in DAO Attack Says Cornell Researcher

Ethereum itself seems to be flawed according to the latest developments on the DAO Hack. Philip Daian, a researcher at Cornell University’s Initiative for Crytocurrencies & Contracts, just presented his latest findings on the hack, concluding: I would lay at least 50% of the blame for this exploit squarely at the feet of the design […]

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The DAO Shambles is a Wake up Call for the Entire Ecosystem

Everyone’s imagination was grabbed by Slocks, the Universal Sharing Network, the Ethereum computer. A new decentralized and autonomous future was promised with smart contracts, DAOs and a sharing economy. People flocked in tens of thousands, raising more than $250 million at its peak to only see it crash and burn. “There are so many attack […]

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Bitcoin Price Analysis – Holding Steady

The bitcoin price chart has been whip-sawing as buyers eagerly anticipate the next advance, while profit-takers capitulate on each approach of $780 (Bitstamp). Technical analysis finds a repeating pattern and its potential outcome. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive […]

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Sweden Tests Blockchain-Based Land Registry

Sweden could become the first country to have a blockchain-based land registry. A team of technology players is working with the country’s land registry on a system that could possibly go live this fall, according to Reuters. ChromaWay, a Swedish blockchain company, consulting firm Kairos Future, and telecommunications service provider Telia, have developed “proof of […]

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Exclusive: Full Interview Transcript with Alleged DAO “Attacker”

Earlier today a user under the handle of “daoattacker” came to the DAO slack channel and seemingly gave away 6.37 bitcoin. I was preparing to write an article on an alleged statement from the DAO attacker, so when I checked the slack channel the giveaway was just ending, but everyone was posting their bitcoin address. […]

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Exclusive: Miners to Be Offered One Million Ether – Claims DAO’s Alleged “Attacker” in Interview

Following the publication of an alleged statement claimed to be from the DAO attackers who have appropriated 3.5 million Ether, an “intermediary” of the attackers who claims “nothing was hacked” appeared on the DAO slack channel, giving away 6.37 bitcoin as a “little demonstration that money speaks, and people in crypto are here for a […]

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DAO Ether Hacker Warns Against Hard Fork

A Twitter post from someone claiming to be the DAO attacker who has taken 3,641,694 ether has thanked the DAO for this reward, has justified the action as being consistent with the DAO smart contract terms, and is warning that any attempts to deploy a fork in Ethereum would bring legal action. Vitalik Buterin, Ethereum co-founder, […]

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