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3 Ways Blockchain is Transforming Cybersecurity

3 Ways Blockchain is Transforming Cybersecurity

Blockchain technology ensures that data is stored in immutable distributed ledgers and it can be instrumental in enhancing cybersecurity by averting DDoS attacks, authenticating downloads, and offering consensus mechanisms.

Ethereum’s Vitalik Buterin: Centralized Digital Currencies Without Privacy Are a Huge Step Back

Ethereum’s Vitalik Buterin: Centralized Digital Currencies Without Privacy Are a Huge Step Back

Vitalik Buterin the Ethereum co-founder believes that mainstream adoption of digital currencies is inevitable, with or without blockchain, but will that currency be sovereign, corporate or decentralized?

IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data

IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data

Today, the open-source non-profit foundation, IOTA has announced the final Alpha release of IOTA Streams.

Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours

Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours

A Bitcoin ransomware attack was directed towards Argentina’s immigration agency, halting border crossing temporarily.

US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China

US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China

The US Congress is considering using blockchain technology to enable the Senate to conduct remote voting during the ongoing COVID-19 pandemic. The report highlighted that the crisis emphasized the need to consider certain functions to proceed remotely when it may not be safe for members to gather in person. The report explored a combination of different technologies to be used, including blockchain and encrypted E2EE.

China’s Central Bank Digital Currency DCEP to be Operational for Local Government Employees Starting in May

China’s Central Bank Digital Currency DCEP to be Operational for Local Government Employees Starting in May

Local government employees in the city of Suzhou will be receiving China’s central bank digital currency, digital currency electronic payment (DCEP) in May, according to a local news outlet. China has been charging full speed with its digital currency development plans shortly after Facebook revealed its Libra stablecoin project.

Ugandan Government Forms an Expert Task Force to Delve into Crypto Usage

Ugandan Government Forms an Expert Task Force to Delve into Crypto Usage

The Ugandan government has formed a team of experts to research and offer guidance on digital financial operations, such as cryptocurrencies in the wake of recent crypto scams.

US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief

US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief

Nine members of the US Congress advocated for the benefits of leveraging blockchain technology to counter the crisis brought upon by COVID-19.

IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime

IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime

The Criminal Investigation Division(CID) of the IRS are actively hiring private contractors to study and analyze privacy coins, as there has quite been a lot of fraudulent activities revolving around their usage.

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