Korea’s KAIST University Adds Blockchain Application Courses to Curriculum

South Korea’s leading technology university, the Korea Advanced Institute of Science and Technology (KAIST), is working with Theta Labs, the first blockchain-based video delivery system, to introduce students to an entirely new set of coursework regarding the applications of blockchain technology.   “We’re kicking things off with a seminar at the electrical engineering school this Friday …

Google Hacked in Twitter Bitcoin Scam

Twitter Facebook LinkedIn Google has become the latest victim of the rampant bitcoin “giveaway” scams proliferating on Twitter. For a little over ten minutes on Tusesday, the Twitter account of the online search giant’s suite of productivity apps and tools, G Suite, was hacked and used to promote a fraudulent bitcoin giveaway. Initially reported by …

Sell-Off Plunges Crypto Market Cap Below $200 Billion

Twitter Facebook LinkedIn This week’s crypto downturn forced the cryptocurrency market cap past an uncomfortable milestone on Wednesday, with the cryptocurrency market cap dropping below the $200 billion mark a day ahead of the contentious Bitcoin Cash hard fork. The crypto market had traded as high as $220 billion on Nov. 7, about the time …

Bitcoin Has Netted 0.347% Profit Per Day For Holders Since 2011

Despite the decline of Bitcoin throughout the entirety of 2018, the world’s leading cryptocurrency’s daily average profit of  0.347 percent per day has been generous for its long-term holders. Bitcoin: A Store of Value Indeed Bitcoin’s (BTC) 00 daily moving average since January 1st, 2011, is 0.347 percent in the positive. Clavestone, an institutional-grade Bitcoin key management company …

IOT/USD Likely to Expand to 90 cents as LTC/USD Wilt

With interstellar, blockchain air drop, BancorX and recent Bosch device development, the altcoin ecosystem is vibrant. But, this is yet to translate to meaningful gains. As a matter of fact, LTC/USD could print $30 by the end of the month in stark contrast with smart contracting and IoT platforms as ADA/USD and IOT/USD. Both are …

New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which …

Japan’s Biggest Bank Will Use Ripple for Cross-Border Payments to Brazil

Japan’s biggest bank MUFG and Brazil’s Banco Bradesco are to collaborate on a new cross-border payment service based on Ripple technology. Memorandum of Understanding The two banks signed a Memorandum of Understanding (MOU), agreeing to co-develop the system. Mitsubishi UFJ Financial Group is Japan’s largest banking group and recently announced it would launch its own …

Early Win for Shrem: Judge Unfreezes Assets in Winklevoss Lawsuit

In a short-term win for bitcoin advocate Charlie Shrem, a federal judge has lifted the freeze on Shrem’s financial accounts in an ongoing legal battle against the Winklevoss twins. Shrem’s financial accounts and assets were temporarily frozen via an attachment order following the suit’s initial filing. The order allowed the U.S. Marshall for the Southern …

Principle Fired for Mining Cryptocurrency at a School in China

A Middle School principle in China was fired after staffers uncovered a cryptocurrency mining scheme utilizing school computers. Local media in China have begun to write about a foiled cryptocurrency mining scheme organized by the principal of Puman Middle School. The man utilized school computers for the task. According to reporting from the BBC, Lei Hua …