Foxconn tapped to manufacture $1,000 blockchain phone
Foxconn has teamed up with Swiss startup Sirin Labs to launch a blockchain smartphone. The Android-based phone won’t come cheap, and reportedly has a starting price of almost $1,000.
Latest Tech News
Private coin Verge forks after massive 51% attack
A massive attack on the Verge blockchain has resulted in the altcoin creating an obligatory hard fork to stop the attack.
bitPico claims responsibility for DoS attack on Lightning Network
The DoS attack has been the subject of much speculation over the last two weeks, with developers worldwide taking an interest in the efforts of the previously unidentified attacker.
Lichtenstein PM takes laidback approach to blockchain
Lichtenstein’s new laws will provide guidance on distributed ledgers and blockchain technology designed to provide the necessary legal framework upon which to build the country’s legacy, according to Prime Minister Adrian Hasler.
14 arrested over alleged discount Bitcoin mining in South Korea
Mining itself is certainly not illegal, but several people were arrested in South Korea for allegedly trying to take advantage of the system to reduce their expenses and gain inflated values.
New Bitcoin Core algorithm seeks to ‘tidy up’ coin selection code
Coin selection looks set for a major overhaul, as part of ongoing attempts to reduce transaction fees. However, concerns were raised over the new model’s impact on BTC fungibility, with Bitcoin Cash already offering more effective mechanics than the new algorithm could deliver.
Google chops all crypto mining extensions from Chrome Store
In a bid to prevent cryptojacking, all Chrome web browsers that mine cryptocurrencies are now banned from the Google Chrome Web Store.
Buterin wants 120 million cap on Ether supply—not
Ethereum’s omission of a monetary policy has been the cause of backlash within the Ethereum community. Vitalik Buterin’s proposal, while doesn’t imply a policy change by itself, should help to provide some guidance.
Ford files patent for car-to-car cryptocurrency technology
The Ford patent is designed to protect a system of “vehicle-to-vehicle cooperation to marshal traffic,” a model that looks at ways of allowing cars to communicate with one another to ease traffic flows and improve congestion.
GitHub puts ICOs under the microscope
The web-based hosting service for version control using git, hasn’t been too concerned with coding quality, but the days of lax coding could soon be a thing of the past.
Google prepares own blockchain, but not for expected reasons
Google's blockchain-based distributed ledger will be used to secure customer data, as well as to allow third-party companies to be able to submit and verify transactions.
Chinese phone manufacturers ride the blockchain wave
A Chinese company has released a cellphone that it claims will allow the user to mine BTC and record information, like fingerprints and location, directly on the blockchain.
Was George Orwell right? Big Brother takes another step with US Cloud Act
The bill was gives law enforcement officials across the country greater access to data of the citizens. It also gives foreign governments access to data of US companies so that they can better correlate actions by their own citizens.
Fujitsu announces blockchain innovation center in Brussels
The new installation will be dedicated to the research of blockchain technology, as well as the development of projects in conjunction with public and private companies.
Teen exposes security vulnerability in Ledger hardware wallet
Hardware wallet Ledger has been found to contain a major security flaw, which could enable hackers to steal funds from users.
Snowden papers: NSA is tracking Bitcoin users
Referred to as ‘Project OAKSTAR,’ the NSA describe their tracking efforts as targeted at those using the cloak of privacy offered by cryptocurrencies to engage in terrorism financing and money laundering.
Bitfury secures government nod for $35M data center in Norway
Norway’s government has signed off a request by Bitfury to build a data center in the country near the town of Mo I Rana.
Venezuela’s Maduro encourages residents to mine cryptocurrency
In Venezuela, people are being called upon to build cryptocurrency mining farms throughout the country.
AmEx jumps in on blockchain, files patent for mobile invoice and payment system
Amex plans an invoice and payment system with a smart contract that records merchant reputation.
New York wants cryptocurrency miners to pay premium rates for electricity
New York doesn’t seem to be getting along with cryptocurrency companies until now.