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Category Archives: Blockchain

Poloniex Goes Down, Users Lose Big

May 17, 2017

BradleyFink

Over the course of 12 hours on May 9, the Poloniex digital asset exchange was intermittently inaccessible to users, causing quite a stir for traders and the greater community. According to their official Twitter account, the cause was a Distributed Denial of Service (DDoS) attack on the e...

ETH Or ETC? Battle To Dominate Asia Is On

May 3, 2017

Olusegun Ogundeji

The struggle underlying the division between the Ethereum and the Ethereum Classic networks seems to have shifted to the Asian market. After Bitcoin and Litecoin, a traditional China-linked cryptocurrency, Ether (ETH) and ETC are currently the two most recognised altcoins in parts of...

2017GMIC: Blockchain Helps Move from T+1 to T+0

May 2, 2017

Cindy23

The opening ceremony of 9th Global Mobile Internet Conference(GMIC) was staged at China National Convention Center on April 27. The meeting brought together 500 talents worldwide, including Stephen William Hawking, Kai-Fu Lee, Jet Li, Zhang Yaqin, president of Baidu and Z...

Baoquan close 25 million yuan angel round funding

Apr 27, 2017

chinabtcnews

27 April, Hanghzou-Baoquan, a blockchchain startup based in Hangzhou Zhejiang, close 25 million yuan (~3.6 million USD) angel round funding recently. The funding was led by Dingfeng Capital, Zhejiang Tsinghua Yangtze River Delta Research Institute of Hangzhou Branch, Jia Hui Z...

Has Decentralization Become the Panacea?

Apr 26, 2017

Cindy23

Thanks to the growing popularity of Bitcoin and other virtual currencies, the word decentralization has become the latest fashion in almost all business sectors. If one thinks a startup will be a failure, he will simply put it:  " This is not decentralized." Decentralization enthusiasts boas...

How Bitcoin Miners Could Lose Revenue In An Attack

Apr 20, 2017

Olusegun Ogundeji

Internet routing attacks (such as BGP hijacks) and malicious Internet Service Providers (ISP) can reduce miners’ revenue and expose their networks to double spending, a study that argues for encrypting Bitcoin traffic or traffic exchanged among miners has shown. Put together by Mari...