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Even though smart contracts are a massive improvement in the world of blockchain technology, their code often leaves much to be desired. Every smart contract needs proper auditing, yet it seems few companies are actually pursuing this option right now. Quantstamp recently took a look at Bancor’s smart contract and noticed some discrepancies. The Bancor Smart Contract … Read more
With over 57 million players in 2017, fantasy sports has rapidly grown and become a vital part of the electronic gaming market. Fantasy drafts across all sports continue to grow in popularity, especially with sites like FanDuel and DraftKings drawing in huge pots of cash. Whereas we once settled for filling out brackets for March Madness and … Read more
Even though cryptocurrency is best known for its volatility, there are some interesting trends taking place as of right now. More specifically, we see the Ontology price spike by 41.21% over the past 24 hours, which is rather steep. Considering how this token has not been around for that long, it is interesting to note … Read more
The weekend is usually a bit of an awkward period for cryptocurrency trading. This is not just because we see far less trading volume, but also because strange trends tend to materialize which don’t last all that long. As of right now, most markets are in the green without apparent reason. Especially the Stellar price … Read more
The Lightning Network is one of the biggest current developments for Bitcoin. It is a layer-two scaling solution which will introduce a lot of new opportunities. Making this technology more accessible is not easy, even though DMG Blockchain Solutions is looking into ways to improve the Lightning protocol. Harnessing the Power of Lightning In the … Read more
A “self-regulatory approach” has been mentioned as a likely solution for the South African crypto sector. A non-government body could adopt rules and implement industry standards. The central bank in Pretoria is expected to formulate the policy framework. Also read: Steps towards Self-Regulation in Croatia and Slovenia Premature Regulation Throttles Growth The South African Reserve … Read more
Even though cryptocurrencies tend to attract a lot of positive attention, there are some worrisome trends in this industry as well. With over $1.7 billion worth of cryptocurrencies having been lost or stolen since 2011, it is evident there is a lot of work to be done. Turning this situation around will prove to be challenging … Read more
South Korea is one of the places where cryptocurrency is booming. Even so, there are still a few risks associated with the people providing access to this new form of money. Users of the CoinNest exchange should be quite concerned right now, as the company’s CEO was arrested on suspicion of embezzlement and fraud. CoinNest CEO Runs … Read more
Ever since Bitmain unveiled its CryptoNight ASIC miner, there has been a growing effort to make this hardware impossible to use. Known as the Fairmining initiative, more and more currencies are deliberately changing their algorithms to prevent Bitmain’s ASIC from making much of an impact. Sumokoin is the latest currency to make the much-needed switch in this … Read more
Cryptocurrency mining has attracted a lot of attention over the years. For a lot of people, it is still a profitable business venture, even though one has to have access to cheap electricity first and foremost. Officials in Washington’s Chelan County are cracking down on unauthorized Bitcoin mining activity in the area. Unauthorized Bitcoin Mining is a Problem … Read more
