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ThursdayJul 26, 2018 1:07 pm

Major Security Flaws Threaten Deployment of EOS Mainnet

With just four days before the anticipated release of the EOS mainnet, major security flaws are threatening the hype around the widely-hailed smart contract platform. Chinese cybersecurity firm Qihoo360 released a report this morning outlining their discovery of “epic vulnerabilities” in the EOS code base. These vulnerabilities would enable bad actors to create and distribute malicious smart contracts to the entire EOS network. The severity of the security flaw cannot be understated, as a quote from a blog post by the company reads: “The attacker can steal the private key of super nodes or control content of new blocks. What’s…

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WednesdayJul 25, 2018 2:32 pm

Net Element, Inc. (NASDAQ: NETE) Positioned to Continue Organic Growth with Launch of Smart Vendor Payments Solution for B2B Sales

Received $7.55 million institutional investment to support growth Setting the standard for global cross-channel payments acceptance and value-added service offerings Global business-to-business sales estimated at $7.7 trillion compared to $2.3 trillion business-to-consumer market Executed several complex initiatives in 2017, continued to deliver double-digit percentage organic growth year-over-year Total transactions processed by NETE during first six months of 2018 at $50.2 million, up from $35.7 million during same period of 2017 Global financial services, technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) continues increasing profitability with a strong track record that includes processing transactions in over 50 countries and…

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WednesdayJul 25, 2018 11:17 am

Pacific Software, Inc. (PFSF) is “One to Watch”

Designing and powering Hyperledger blockchain technologies Creating solutions for sectors highly reliant on supply chain transparency and efficiency Business model allows for the creation of several wholly owned subsidiaries Working relationship with IBM provides expertise on supply chain implementations Management has more than 50 years of combined experience in finance, M&A, investments and more Advisory team led by Dr. Wang-Chan Wong, a 25-year veteran of global IT enterprise Pacific Software Inc. (OTC: PFSF) is focused on the design, development, and distribution of Hyperledger blockchain technology solutions for application to the specific needs of agriculture, cannabis, and the opioid epidemic. The…

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WednesdayJul 25, 2018 9:00 am

Acid Test for Cryptos and Blockchain Tech Increasingly about ‘Spendability’ and Usability

CryptoCurrencyWire Editorial Coverage: According to a new paper from researchers at Imperial College London that suggests digital currencies are now primed for mass adoption, Bitcoin (Crypto: BTC) and other cryptocurrencies will become mainstream forms of payment within the next decade for goods and services on the strength of their increasing suitability for the role. Outsiders and even insiders struggle to maintain accurate understanding of rapidly evolving space Ratings agencies, indexes and industry analyst sites cropping up to address information verifiability deficits “Spendability” and usability emerging as acid tests for cryptos, ICOs and blockchain tech Key factors driving the mainstream adoption…

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TuesdayJul 24, 2018 2:27 pm

World Crypto Con Unveils University Research Showcase Scholarship

World Crypto Con to award six university teams with opportunity to present blockchain research and projects Online applications accepted until August 31, with winners being revealed on October 1 Conference to feature over 5,000 attendees and more than 150 exhibitors World Crypto Con (“WCC”), the cryptocurrency and blockchain industry’s most immersive and interactive conference experience, this morning announced its inaugural University Research Showcase Scholarship. Per the update, the scholarship will award six university teams the opportunity to present their cutting-edge blockchain research and projects to more than 5,000 attendees at World Crypto Con, which is set to take place at…

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TuesdayJul 24, 2018 11:37 am

GreenBox POS, LLC (GRBX) Blockchain Solutions Advance Progression to a Cashless Society

Electronic payments engendering transition to a cashless society Electronic payments carry high transaction costs Blockchain technology holds the promise of lowering those costs Latest payment system, QuickCard, launched and running successfully If cash is still king, it has to be a constitutional monarchy, for electronic payment instruments and technologies like those being developed by GreenBox POS, LLC (OTCQB: GRBX) now dominate the payments system. The company’s latest payment system, QuickCard, has been showing impressive market performance metrics (http://ccw.fm/cX8pw). The blockchain-powered e-wallet has performed without flaw since its launch in May 2018. GreenBox, headquartered in San Diego with offices in Seattle,…

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MondayJul 23, 2018 12:34 pm

Virtual Crypto Technologies Inc. (VRCP) Boosts Potential of Fintech Users’ Mobility with Growing ATM Base

Virtual Crypto Technologies building a name with ATMs that deal in bi-directional crypto exchanges NetoBit platform for ATMs allows rapid verification through predictive application available on Android and iOS NetoBit’s flexibility extends to ability to divide transactions between multiple exchanges Virtual Crypto Technologies Inc. (OTCQB: VRCP) is making it easier for people to finance their needs through virtually deregulated but still-confident peer-to-peer money networks that allow the rapid exchange of bitcoin and cash on a bi-directional ATM platform. The technology company is dedicated to making fintech use by consumers and businesses an efficient, accurate, reliable and virtually instantaneous process utilizing…

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FridayJul 20, 2018 11:37 am

CryptoCurrencyWire Provides Recap of Blockchain World Conference

CryptoCurrencyWire (“CCW”), a multifaceted financial news and publishing company, today provides a recap of happenings at the Blockchain World Conference (“BWC”), which took place last week in Atlantic City, NJ. As a key extension of InvestorBrandNetwork and NetworkWire, the CCW brand marked its first conference attendance at BWC as a gold sponsor and the official newswire of the event. The event served as the perfect venue to host the brand’s physical debut as the team received an unprecedented response from the crypto and blockchain communities during the conference. “Our team’s extensive experience with information dissemination was highly sought after as attendees and fellow…

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ThursdayJul 19, 2018 3:20 pm

Bitcoin vs Ethereum vs Litecoin

While cryptocurrency has only recently become a popular term in finance, it has been around for a long time. Before names like Bitcoin, Ethereum, and Litecoin even existed, there were attempts to create a decentralized currency. David Chaum, a respected cryptographer, launched ECash, an anonymous system in the 1990s but it failed. Chaum built the system on currently existing government financial principles and infrastructure like credit cards. RPOW, BitGold, B-Money were also created but failed. Cryptographers could not get past specific challenges that they faced at the time. The first challenge was how to achieve true decentralization and the second…

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ThursdayJul 19, 2018 1:39 pm

Don’t Fall For These Crytocurrency Scams

While the cryptocurrency market can be a good way to make money, it is also a prime target market for scammers. In this article, we’ll look at some of the most common bitcoin schemes and how to protect yourself from falling for them. Be Weary of Cryptocurrency Giveaways Amongst the various types of bitcoin schemes, many of the top people and projects in the industry are concerned with the prevalence of giveaway scams. These scams often take place on popular social media platforms, especially Twitter. Big names like Vitalik Buterin even list “Not giving away ETH” in their profiles to…

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