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  • May 2018

    360 Security found critical bug of EOS, Dawn might be postponed(Updated)

    The 360 Vulcan team discovered a series of critical vulnerabilities in EOS, which is about to launch its mainnet on 2nd June. It has been verified that some of these vulnerabilities can remotely execute arbitrary code on the EOS node, which allows attackers to take over all nodes running on EOS remotely. 360 security has […]

    What to Expect When Ethereum Classic Diffuses Its ‘Difficulty Bomb’

    Ethereum classic (ETC) is set to fork in the coming days as part of a bid to diffuse a so-called ‘bomb’ in its code. Set for block 5,900,000, the change, in which all users of the original ethereum blockchain will need to update their software, is meant to disable a feature that is designed to increase […]

    No Miners? Intel Seeks to Automate DLT Block Verification

    Software giant Intel is looking to protect a novel way to verify transactions on a distributed ledger. In a filing released last Thursday by the U.S. Patent and Trademark Office, the company outlines a method by which it would partition and update distributed ledgers automatically, with a processor able to independently verify that new blocks […]

    The Exahash Era: SHA-256 Mining is a Significant Achievement in Computer Engineering

    The cryptocurrency economy is nearing the end of 2018’s fifth month after a spectacular year of bullish prices throughout 2017. The past five months have been incredibly bearish as far as market values are concerned but the processing power of digital assets, particularly SHA-256 cryptocurrencies, continues to increase exponentially. Today SHA-256 miners makeup on of […]

    Bitmain Joined Hands with Another Taiwanese Chip Maker to Get 10,000 Memory Chips Per Month

    The Chinese cryptocurrency mining hardware manufacturer Bitmain has expanded its cooperation with Taiwanese chip maker giants. TSMC, the world’s largest chip foundry is profiting heftily from selling ASIC chips to Bitmain. Meanwhile, Powerchip Technology Corp., a contract semiconductor manufacturer, has also becomes a strategic cooperative partner of Bitmain, according to Taiwan local media United Daily […]

    A $4000 Avalon Miner Only Costs $400 – A Glance of China’s Second Largest Bitcoin Miner Canaan

    An Avalon miner was once hyped up to 20,000-30,000 yuan ($3,129 – $4,693) when bitcoin was climbing the peak. While according to the prospectus of Canaan, the ex-factory price of an Avalon miner is ranging from 3,122 to 4,402 yuan ($488 – $689), and its unit cost is somewhat between 2,354 to 2,600 yuan ($368 – $407), with […]

    Bitcoin Miner Maker Canaan Files for Hong Kong IPO

    Canaan Creative, one of the biggest manufacturers of bitcoin mining chips and devices, has filed for an initial public offering (IPO) with the Stock Exchange of Hong Kong (HKEX). Filed on May 15, the firm’s application is still in draft form and pending approval from the HKEX, so it remains unknown at this stage how much […]

    South Korea’s Biggest Cryptocurrency Exchange to Expand Into Europe, New Market

    Bithumb, South Korea’s biggest cryptocurrency exchange alongside UPbit, will launch a cryptocurrency trading platform in the UK to target Europe-based investors. Europe is Still a Market up for Grabs Some of the oldest and most widely utilized cryptocurrency exchanges are headquartered in Europe, including Bitstamp. However, the majority of investors still rely on US-based cryptocurrency […]

    Bitcoin Cash Community Sees OP_Code Innovation After Upgrade

    It’s been well over a day since the Bitcoin Cash (BCH) network upgraded its protocol, and the consensus rules now come with a 32MB block size. Although the block size increase is quite a feat, BCH developers have also expanded the network’s default data-carrier-size to 220 Bytes and re-enabled some old Satoshi OP_Codes that were […]

    32MB Blocks Means Bitcoin Cash is Prepared for Mass Adoption

    On May 15, 2018, the Bitcoin Cash (BCH) network upgraded the chain’s base block size from 8MB to 32MB. The software advancement makes blocks big enough to process lots of transactions over time — which gives developers plenty of breathing room to adjust the size if it starts getting closer to its limit. Unfortunately, many misdirected individuals […]