Blockchain

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Cornell Researchers: Bitcoin Not as Decentralized as Assumed

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Cornell University researchers, using the Falcon Relay Network, have concluded that neither of the two most popular cryptocurrency blockchains, Bitcoin and Ethereum, are as decentralized as once thought. A two-year longitudinal study claims Bitcoin underutilizes its network, Ethereum is better distributed than Bitcoin, and Bitcoin’s rewards for smaller miners is often unpredictable due to block … Read more

China Central Bank Identifies ”3,000 Fake Blockchain” Platforms – Law Enforcement to Coordinate Against Cybercrime

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This week China’s central television (CCTV 2) reported the Peoples Bank of China (PBOC), its Ministry of Public Security, in coordination with other regulatory agencies, will work to combat cybercrime often in the disguise of financial innovation.  Also Read: Some UK Mortgage Lenders Refuse to Serve Bitcoin Investors 2,000 Tokens, 3,000 Knockoff Platforms The People’s Bank of … Read more

Companies Deny Having Bitcoin or Blockchain Services Amid China’s Clampdown

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After Xunlei was questioned about Initial Miner Offerings (IMO), multiple public companies clarified that they did not and will not tap into the blockchain space. A Shenzhen-based bitcoin miner manufacturer issued a statement saying the business hasn’t generated much profit for the company. Also Read：China’s Regulatory Authority Warns About Risks of Initial Miner Offerings Produce … Read more