Sunday, May 31Your Daily Bitcoin & Altcoin News Portal
Electronics Giant Bosch Partners with IOTA to Launch New Device for IoT Data Collection

Electronics Giant Bosch Partners with IOTA to Launch New Device for IoT Data Collection

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Please share if you find this article interesting. Electronics Giant Bosch Partners with IOTA to Launch New Device for IoT Data Collection Engineering and electronics manufacturer Bosch has partnered with IOTA, integrating its new data collection Internet of Things (IoT) device with the decentralized IOTA Data Marketplace, according to a tweet from Bosch Nov. 12. The IOTA Marketplace is a decentralized data marketplace where parties can buy or sell access to active data streams, using MAM (Masked Authenticated Messaging). According to a post on Bosch’s blog, MAM is a second-layer data communication protocol that allows for data to be shared peer-to-peer securely via an encrypted channel. Data subscribers can in this way “trust the source and integrity of data even though the iden
The Daily: Coffee Company to Pay Farmers in Bitcoin, Bitfury’s Latest Investment – Bitcoin News

The Daily: Coffee Company to Pay Farmers in Bitcoin, Bitfury’s Latest Investment – Bitcoin News

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Please share if you find this article interesting. The Daily: Coffee Company to Pay Farmers in Bitcoin, Bitfury’s Latest Investment - Bitcoin News The Daily In today’s edition of The Daily, we feature an upcoming bitcoin cash token backed by physical diamonds and an American coffee company that has decided to add cryptocurrencies to its payment options. Additionally, we look at a public mining company that may get a dual listing in Canada, as well as the latest investment by Bitfury. Also Read: GMO Internet Reports Crypto Exchange Profit Up Over 34% in Q3 2018 Rosetta Coffee Adopts Bitcoin Payments Rosetta Coffee, a specialty coffee company based in Lynchburg, Virginia, and Outer Banks, North Carolina, has announced that it will soon adopt cryptocurrency payment options. On
New Linux-Targeting Crypto-Mining Malware Combines Hiding and Upgrading Capabilities

New Linux-Targeting Crypto-Mining Malware Combines Hiding and Upgrading Capabilities

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Please share if you find this article interesting. New Linux-Targeting Crypto-Mining Malware Combines Hiding and Upgrading Capabilities Japanese multinational cybersecurity firm Trend Micro has detected a new strain of crypto-mining malware that targets PCs running Linux, according to a report published Nov. 8. The new strain is reportedly able to hide the malicious process of unauthorized cryptocurrency-mining through users’ CPU by implementing a rootkit component. The malware itself, detected by Trend Micro as Coinminer.Linux.KORKERDS.AB, is also reportedly capable of updating itself. According to the report, the combination of hiding and self-upgrading capabilities gives the malware a great advantage. While the rootkit fails to hide the increased CPU usage and the presence of
Bitmain Co-Founder Jihan Wu Loses Executive Power in Board Reshuffle, Says Chinese Media

Bitmain Co-Founder Jihan Wu Loses Executive Power in Board Reshuffle, Says Chinese Media

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Please share if you find this article interesting. Bitmain Co-Founder Jihan Wu Loses Executive Power in Board Reshuffle, Says Chinese Media Cryptocurrency commentators are eyeing Bitmain Nov. 13 after Chinese industry media outlet Sanyang Blockchain reported a board reshuffle had resulted in co-founder Jihan Wu being unable to influence corporate decisions. Citing an unnamed “financial news” source, Sanyang quotes a lawyer for Bitmain, Tian Yangang, saying that as a result of the redistribution of positions at the company’s executive board, Wu had been demoted from being a “director” to a “supervisor.” “After changing to a supervisor, there are no voting rights, so [Wu’s] power is smaller and [he] cannot participate in the business decision-making of the enterprise,” a rough tran
Japan: Crypto Exchange Coincheck Resumes NEM Trading Almost 10 Months After Major Hack

Japan: Crypto Exchange Coincheck Resumes NEM Trading Almost 10 Months After Major Hack

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Please share if you find this article interesting. Japan: Crypto Exchange Coincheck Resumes NEM Trading Almost 10 Months After Major Hack Recently re-opened Japanese crypto exchange Coincheck has announced it has resumed NEM (XEM) crypto token trading after a restructuring of its platform by external “security experts,” South Korean news outlet FNNews reports Nov. 13. In January of this year, Coincheck suffered an industry record-breaking hack when $534 million worth of NEM was stolen from its wallets. This latest development from Coincheck reveals the exchange has “joined the Japan Security Association and is “ready to renovate its image.” Alongside NEM trades, the platform has also opened support for Ethereum (ETH) and Lisk (LSK). Coincheck is quoted as saying that "technologic
President of Marshall Islands Survives Leadership Challenge Over National Crypto

President of Marshall Islands Survives Leadership Challenge Over National Crypto

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Please share if you find this article interesting. President of Marshall Islands Survives Leadership Challenge Over National Crypto Featured The president of the Marshall Islands, Hilda Heine, has narrowly survived a no-confidence vote. One of the principal catalysts for the challenge to Heine’s leadership has been opposition to her plan to introduce a national virtual currency. Also Read: Venezuela: Petro Can Be Converted to Any Cryptocurrency If Bought This Year Heine Barely Survives No-Confidence Vote Heine, the 67-year-old president of the island nation and the sole female head of state in the Pacific region, barely survived the parliamentary no-confidence vote, which took aim at her leadership. The parliament voted 16-16, just one vote shy of the 17 votes needed to over
Ripple Lawyers Try to Move Securities Lawsuit to Federal Court in ‘Slick’ Move

Ripple Lawyers Try to Move Securities Lawsuit to Federal Court in ‘Slick’ Move

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Please share if you find this article interesting. Ripple Lawyers Try to Move Securities Lawsuit to Federal Court in ‘Slick’ Move Lawyers representing payment startup Ripple in its ongoing securities lawsuit are trying to move the case to a U.S. federal court in a show of what one legal commentator described as “tactical brilliance” Nov. 9. Court records confirm the application to move the case from state to federal level, which would allow Ripple to prove definitively that its XRP token is not a security under U.S. law, should it win. In the removal filing, litigation partner Peter Morrison said the case “meets each of (the) requirements” needed to allow the change to go ahead, legal industry magazine Law.com notes. The latest development is another step in the complex road to c
Speeding Up Mortgage Application Times: ‘Future of Real Estate’ Gets Regulatory Approval

Speeding Up Mortgage Application Times: ‘Future of Real Estate’ Gets Regulatory Approval

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Please share if you find this article interesting. Speeding Up Mortgage Application Times: ‘Future of Real Estate’ Gets Regulatory Approval A blockchain-based startup which bills itself as “the future of real estate” has announced that its project has been legalized by Japanese regulatory bodies, including the Securities and Exchange Surveillance Commission. Ruden Holdings says inaccurate information, poor record management and inefficient processes are currently blighting the property sector – costing businesses time, money and even credibility. Data cannot be shared easily between organizations – and some cases have seen property owners struggle to prove their ownership of a building. The company has a goal of creating digital identities for real estate properties, helping to e
Opposing Bitcoin ABC and Bitcoin SV Factions’ Debates Grow Heated as the Bitcoin Cash Hard Fork Draws Closer

Opposing Bitcoin ABC and Bitcoin SV Factions’ Debates Grow Heated as the Bitcoin Cash Hard Fork Draws Closer

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Please share if you find this article interesting. Opposing Bitcoin ABC and Bitcoin SV Factions’ Debates Grow Heated as the Bitcoin Cash Hard Fork Draws Closer Born out of the original Bitcoin blockchain on August 1, 2017, Bitcoin Cash (BCH) has split the cryptocurrency community into warring factions with their own arguments, verbal skirmishes, leaders, convictions and occasional get-togethers. On November 15, BCH developers are preparing to undergo its next hard fork, a split of the blockchain, which can give birth to new tokens named Bitcoin SV (Satoshi’s Vision), Bitcoin Unlimited and Bitcoin ABC. How Bitcoin Cash appeared The Bitcoin evolution has been constantly debated within the developers community, who had opposing views on what technology to implement and what rewards
Australia’s Biggest Bank Trials Blockchain-Based ‘Smart Money’ for Disability Insurance

Australia’s Biggest Bank Trials Blockchain-Based ‘Smart Money’ for Disability Insurance

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Please share if you find this article interesting. Australia’s Biggest Bank Trials Blockchain-Based 'Smart Money' for Disability Insurance The Commonwealth Bank of Australia (CBA) and government-run digital innovation center Data61 have released the results of their trial for a blockchain-powered “smart money” system for Australia’s National Disability Insurance Scheme (NDIS). The development was reported by local financial and business news platform Business Insider Australia today, Nov. 13. Data61 is a digital innovation hub that forms part of the Commonwealth Scientific and Industrial Research Organisation (CSIRO) — an Australian government corporate entity that undertakes scientific research to advance diverse local industries. The $93.5 billion market cap CBA is the country’