The state-run Korea Internet and Security Agency (KISA) has vowed to boost industry related to blockchain technology as part of efforts to find growth engines in the Fourth Industrial Revolution.
Coinbase and its professional trading platform GDAX both now supports SegWit scaling upgrade for transactions on the Bitcoin network.
The Fraunhofer Institute for Photonic Microsystems (IPMS), based in Dresden, Germany, intends to use Blockchain concepts for the development of wireless radio-frequency identification (RFID) sensor systems in the logistics sector, according to a Feb. 22 press release.
As the reality of faster, cheaper bitcoin payments approaches via the Lighting Network, concerns are spreading about the privacy it will offer.
Austria’s Finance Minister Hartwig Löger is considering basing cryptocurrency regulations on the trading rules already in place for gold and derivatives as a way to prevent crypto from being used in money laundering.
Bitmain, a privately held Chinese firm that manufactures Bitcoin mining hardware and runs its own mining operations, made $3 billion to $4 billion in profits in 2017, according to estimates by Bernstein Research released this week.
The commercial, state-run Bank of China, not to be confused with the People’s Bank of China, the country’s central bank, has filed a patent with the Chinese State Intellectual Property Office (SIPO) for a solution to scale Blockchain technology systems.
Cryptocurrency worries are permeating the Securities and Exchange Commission. The SEC’s Enforcement Division already has many cryptocurrency investigations going on, says Enforcement Co-Director Stephanie Avakian.
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