NEM Ventures, a wing of the NEM Foundation, announced its first-ever portfolio company investment – in Vimba. The report on NEM Forum states the partnership between the two companies is set to improve the adoption rates of cryptocurrency across the world, introduce a stronger fiat to crypto banking system and offer exceptional services in savings, collateralized debt, and capital investments.
The portfolio company, Vimba, is a cryptocurrency- focused company that allows users to make their monthly savings in fiat and automatically converts the cash to crypto which is then delivered in your digital wallet. The platform also allows the instant buying and [...]
CISCO’s Umbrella product harvests such data. Umbrella helps large organizations monitor inbound and outbound traffic, including for suspected cryptocurrency traffic where it’s banned. When analyzing cryptocurrency traffic, they found that the top two sources are energy/utilities companies and college campuses.
McBride believes that since the traffic is “quite distributed,” lots of college students are probably running their own Bitcoin mining rigs, rather than through concerted efforts. Clearly, people living in college dorms are not responsible for their energy bills.
“You leave [the mining rig] running in your dorm room for four [...]
On February 28 (on block # 7280000) hardfork will occur in the Ethereum network, making two important updates – Constantinople and St. Petersburg. Petersburg. The developers warn that the updates may start a couple of days earlier or later than the announced date, which is impossible to predict exactly due to the specifics of the mining process.
So, according to official information, the update now has two names, since in this case two separate updates are combined into one event. In January, the Constantinople update was postponed due to security vulnerabilities.
Constantinople must repeatedly increase the efficiency of the platform, postpone the action of the [...]
Bitcoins can be traced back to problems with damage, but current technology has led to practical ways of tracking stolen bitcoins. To track the person who received the bitcoin, the address owner must be aware of it.However, governments do not want bitcoin owners to be unknown and they are trying to regulate bitcoin in a way that can be monitored. People can be found if they shop in a webshop and pay with bitcoin and enter their shipping address ( because they have to get the item they paid for ). It’s really nothing new since people have been doing blockchain analysis and bitcoin tracking since bitcoin was used to exchange stuff on the internet.
Bitcoin is often presented [...]