Russia’s Pension Fund Eyes Blockchain to Prevent Labor Abuse

Russia’s Pension Fund Eyes Blockchain to Prevent Labor Abuse

Advertisement Russia’s FIU pension fund will use blockchain technology to integrate all of its information into a distributed registry and will prepare proposals to integrate all systems into a single platform, according to Izvestia. The fund believes it will cut costs for servicing and storing significant amounts of data. The technology will also provide more…

Cryptocurrency Startup Dfinity Raises $102 Million for ‘Internet Computer’

Cryptocurrency Startup Dfinity Raises $102 Million for ‘Internet Computer’

Advertisement Cryptocurrency startup Dfinity has raised another $102 million to fund the development of its “world computer,” bringing its total capital intake to nearly $200 million. Announced on Wednesday, the funding round was led by a16z crypto, Andreessen Horowitz’s dedicated cryptocurrency fund, and crypto hedge fund Polychain Capital. The two firms were also joint leaders…

Bitcoin Price Intraday Analysis: BTC/USD Locked Inside Ascending Channel

Bitcoin Price Intraday Analysis: BTC/USD Locked Inside Ascending Channel

Advertisement Bitcoin price today remained in a bias-conflict, neither rising nor falling much. The BTC/USD started Wednesday just shy of 7010-fiat and managed to go as north as 7137-fiat by the end of Asian, and the beginning of European session. The lackluster volume didn’t offer many opportunities for the day traders, but it established that…

EOS Searches for Solutions as RAM Exploit Plagues Users

EOS Searches for Solutions as RAM Exploit Plagues Users

Advertisement The EOS community is once again left looking for solutions now that developers have identified a smart contract bug that allows malicious contract authors to effectively consume network resources owned by other users. EOS Smart Contract Exploit Consumes RAM To reduce spam, EOS requires users to purchase a scarce in-network resource called “RAM” to…

Bitcoin Accepted [Everyw]here: Square Patents Crypto Payment Network

Bitcoin Accepted [Everyw]here: Square Patents Crypto Payment Network

Advertisement Digital payments firm Square has won a patent for a payment network that allows merchants to accept payments in any currency, including bitcoin or another cryptocurrency. Square Wins Patent for Crypto Payment Network Public documents published on Aug. 21 show that the U.S. Patent & Trademark Office (USPTO) has approved Square’s application to patent…

EOS Surges 55 Percent on Referendum System Announcement

EOS Surges 55 Percent on Referendum System Announcement

Advertisement The EOS value today surged by more than 21 percent as a result of its decision to launch a voting system, totaling the token’s 7-day gains to almost 55 percent. The EOS/USD was trading near 5.3727-fiat at the beginning of the Asian trading session. Helped by the prevailing bullish sentiment in its own –…

Bitcoin at $7,100 as Crypto Market Hits $232 Billion, EOS Surges15%

Bitcoin at $7,100 as Crypto Market Hits $232 Billion, EOS Surges15%

Advertisement Over the past 24 hours, Bitcoin has rebounded from $7,000 to $7,100, remaining on top of a key resistance level which traders were concerned about. Despite the relatively strong performance of Bitcoin, tokens understandably have not performed well against both Bitcoin and US dollar on August 29, considering the massive gains they recorded earlier…