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What SegWit Means for Bitcoin, Bitfinex, Lightning Network

SegWit AdoptionSegWit adoption has been steadily rising since its release in August 2017, albeit not as quickly as some would like. The problem is that it has to happen piece by piece, with each wallet, exchange, or other service provider rolling out the compatible address itself. Because each organization has both its own type of process — as well as its own issues — SegWit ado

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Australian University Launches Nation’s First Blockchain Course

Recognising its importance as a revolutionary technology, an Australian university has today announced the country’s first course on blockchain technology. It’s being hosted by Melbourne’s RMIT University and is scheduled to start in mid-March.Blockchain Skills in High DemandThe eight-week short-course aims to address the current vacuum of young talent familiar with blockchain technology. Al

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Common Crypto Scams and How To Avoid Them

The cryptocurrency space possesses two qualities that make it the ideal environment for scams. Firstly, there is no shortage of legitimate anecdotes about people who have enjoyed immense wealth courtesy of early digital currency investments. The proliferation of such tales provides the perfect backdrop for a “get rich quick” scheme. Secondly, since the technology is incredibly tough for the la

US Federal Authorities Arrest Man for Selling 9.99 Bitcoin

Regulation If you are thinking about selling bitcoin for cash inside the Unites States to people you don’t know, caution is advised. A reminder to stay alert for undercover government agents who might try to entrap you has been served by a recent California case.Also Read: Cryptocurrency Regulator Found Dead at His Home in South KoreaAnother Bitcoi

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SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

Today, two of the world’s largest cryptocurrency investment platforms, Coinbase and Bitfinex, both announced that they were adopting support for Segregated Witness (SegWit) protocols for bitcoin (BTC) traded on their exchanges.In its announcement, Bitfinex stated, “The SegWit implementation means Bitfinex users can benefit from lower BTC withdrawal fees (approximately 15 percent) and improved

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Tesla: Elon Musk’s Cloud Hacked to Mine Cryptocurrency

According to security research firm RedLock’s Cloud Security Intelligence (CSI) team, electric car manufacturer Tesla’s cloud account was hacked and used to mine cryptocurrency. The report, released Monday, comes as crypto-related cybercrime is on the rise and users and exchanges are struggling to keep up with hackers and the constantly evolving methods they employ to steal

South Korea Supports ‘Normal’ Cryptocurrency Transactions

Regulation The director of the South Korean Financial Supervisory Service has announced that the government will support “normal” transactions of cryptocurrencies. Acknowledging that most crypto exchanges are having problems obtaining virtual accounts, he promises to encourage banks to work with them.Also read: Indians Look to Buy

Bangladesh Authorities on “Hunt” for Bitcoin Traders

Regulation Bangladesh – one of the few countries presently attempting to enforce a ban on cryptocurrency trading and use – has announced that several major state institutions will begin ramping up efforts to crack down on bitcoin adoption among Bangladeshi citizens.Also Read: Indians Look to Buy Bitcoin Overseas as Regulations TightenBanglad

Illicit Uses of Cryptocurrency Gaining Attention Around the World: Expert Take

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy.If you would like to contribute an Expert Take, please email your ideas and CV to&n

UCOT Establishes the Partnership With the Creator of Monero’s RingCT Signature Scheme, Dr. Joseph Liu.

Recently, Renping Liu (CTO of UCOT) and key members of his technical team came to visit Monash Universities cryptocurrency laboratory. This lab, located within the Faculty of Information and Technology, which is being operated by professor Dr. Joseph Liu is currently helping the ecosystem by developing practical Blockchain-based solutions with rigorous security that can, in addition to digital cur

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