REVIEWS

What Do We Know About Japan’s Latest Hack

[ad_1] This week, yet another major hack occurred in Japan: Hackers stole around $59 million worth of cryptocurrencies from local cryptocurrency exchange Zaif. It took several days for the platform to notice the breach, and now it has fallen under the tight scrutiny of the country’s regulator. The company that owns Zaif has already agreed to sell its majority stake to cover the losses.Zaif was already under the FSA’s scopeZaif
BLOCKCHAIN

Dutch Supermarket Giant Adopts Blockchain to Make Orange Juice Production Transparent

[ad_1] Albert Heijn, Holland’s largest supermarket chain, has revealed it is using blockchain to make the production chain of its orange juice transparent, International Supermarket News reports September 21.Albert Heijn will reportedly launch the new blockchain system in partnership with its supplier, Refresco. To give customers’ maximum information about the source of Albert Heijn’s own-brand “sustainable” product, they will be able to scan a QR code on the orange juice
Business

Petro to Be Used for International Exchange Starting in October, Maduro Claims

[ad_1] Venezuela’s oil-backed cryptocurrency, the Petro, will be used for international commercial transactions starting in October 2018, according to a September 21 statement made by Nicolas Maduro.The Venezuelan president appeared on the national VTV channel to deliver his speech on the latest economic issues. As cited by the VTV website, he then announced the upcoming use of Petro on an international level, stating:"Petro comes into play as a currency for
Business

Ripple Passes Ethereum to Claim Number Two Ranking on CoinMarketCap

[ad_1] Altcoin Ripple (XRP), which has seen an explosive amount of growth over the past week, has overtaken Ethereum (ETH) to be ranked number two by total market capitalization on CoinMarketCap.As of press time, Ripple has a listed market cap of around $26 billion, while Ethereum — now in third on CoinMarketCap — has around $23 billion in market cap. Bitcoin (BTC) is still ranked number one, with a market
Business

‘Bitcoin Is No Different Than Money Systems Today, Except That It May Be Better’

[ad_1] This interview has been edited and condensed.Known in mainstream media as a young “Bitcoin millionaire,” within the crypto and blockchain industry, Jeremy Gardner is a known more for what he does than how much he makes.As a serial blockchain entrepreneur, educator and investor, Gardner has founded the global educational nonprofit the Blockchain Education Network and co-founded the blockchain-based prediction platform Augur. Most recently, he launched his own impact investing
BLOCKCHAIN

IBM Files Blockchain Patent to Tackle Privacy and Security Concerns for Drones

[ad_1] IBM has applied to patent a system that would use blockchain tech to tackle privacy and security concerns for drones, according to a filing published by the U.S. Patent and Trademark Office (USPTO) September 20.The computing giant first filed the patent in March 2017, detailing how blockchain could be used to securely store data associated with unmanned aerial vehicles (UAVs) — more commonly known as drones. The patent notes