Brotopia: Gender Bias Is Blockchain’s Favorite Meme, but is the Wrong MetricOn December 11, 2018, LongHash reported details on the lopsided gender stats in the blockchain space. The analysis iterates one of the most common injustices in the space, but what’s more important is the fact that these figures haven’t changed much since initial reports on the same subject. Hashing out Gender Data In tracking the 100 blockchain startups with impending…
Analysis: Cryptocurrency Point of Sales (PoS) Platforms Could Fuel Global Crypto AdoptionWhile the cryptocurrency markets bull run of 2017 succeeded in bringing digital assets global consciousness, the rollercoaster ride did very little to increase meaningful adoption, as most holders bought bitcoin and other cryptoassets for only speculative purposes and not for payments. However, with the bears fully in charge and volatility drastically reduced, cryptoassets are slowly but steadily beginning to function…
Samsung Files for Three Blockchain-Related Applications in the European UnionElectronics giant Samsung has filed for three blockchain-related trademark applications in the European Union on December 10, 2018. Some tech websites suggest these applications are related to the company’s plan to offer a cryptocurrency cold wallet on its phones. Details on the Trademark Applications The trademark applications are named “Blockchain KeyStore,” “Blockchain key box,” and “Blockchain Core” and are alluded to be…
Proof of Keys Celebration Encourages Individuals to Take Control of Their Digital AssetsThe Proof Of Keys Celebration hosted on January 3 is encouraging members from the Bitcoin community to demand and take possession of their bitcoins currently held by trusted third parties. According to the Proof of Keys video uploaded on December 9, 2018, Trace Mayer, the host of the Bitcoin Knowledge Podcast, is keen to make the Proof Of Keys an…
Blockchain PR Firm Wachsmann Terminates 16 Employees as Crypto Market PlungesAccording to an article by PR Week, published on December 10, 2018, blockchain public relations and events company Wachsman has laid off 16 employees due to the current crypto market turbulence. 16 Employees Axed by Wachsmann Founded in 2015, Wachsman provides strategy, events, PR, and corporate development services to companies in the blockchain and cryptocurrency industry. The company’s clientele consists…
Stablecoins Experience a Major Increase in On-Chain Transactions Despite Bear MarketStablecoins have experienced a meteoric rise in popularity during the second half of 2018, with currencies such as TrueUSD, USDC, Paxos, and GUSD experiencing a 1032 percent increase in on-chain transactions took place in November vs. September 2018, Diar reported on December 10, 2018. Fiat-Backed Stablecoins Start Gaining On-Chain Traction It seems that stablecoins are on their way to become…
Ethereum Community Band Together To Create Crypto Job Board During Hard TimesDuring the bearish cryptocurrency winter, many blockchain and cryptocurrency-related companies laid off large numbers of staff, from ConsenSys trimming down 13 percent of the team to Steemit laying off 70 percent of their staff. Maria Paula Fernandez’s, the organizer of ETHBerlin, has on December 7, 2018, leveraged Twitter and Github to create a repository to connect people who are recently…
State Farm Catches Blockchain Fever, Trials DLT for Auto Claims SubrogationState Farm, a large group of United States-based insurance and financial services firms offering automobile insurance products, loans and more, has announced on December 10, 2018, that it’s testing a distributed ledger technology (DLT) based solution that could help speed up the subrogation process for auto claims. Blockchain for Faster Auto Claims Subrogation In its bid to revolutionize its operations…
Crypto Project Shivom Project Shirks Questioning Behind Legal TroublesIn a December 10, 2018, Reddit post, user timberland outlined the shady practices behind “the world’s largest DNA data and healthcare services platform,” Shivom. Details regarding the departure of the firm’s co-founder missed deadlines, and the technical aspects backing the protocol have all been neglected. When pressed further, interrogators were reportedly banned from the community’s Telegram channel. Legal Troubles left…
1.3 Million Bitmain S9 Bitcoin Miners Go Offline as Crypto Price Crash ContinuesThe total hash rate of the Bitcoin network has fallen by 31 percent since November, representing around 1.3 million Bitmain S9 miners that have been turned off as they struggled to stay profitable in the bear market, BitMex revealed in a report on December 10, 2018. Bitcoin Miners Suffer the Most from Declining Prices The unprecedented drops in value almost…