- China: Tencent Warns of Bug in NEO’s Blockchain That Allows Hackers to Steal Tokens Remotely.
Tencent’s Security Joint Lab has notified users of the Neo (NEO) blockchain of a potential bug that allows hackers to remotely steal tokens native to the blockchain. The vulnerability affects the popular Gas (GAS) tokens. The team notified the crypto and blockchain community via the popular micro-blogging website of Weibo.
- London (UK): Asian Markets Have a Growing “Appetite” for Ripple, Dan Morgan Says.
For Mr. Morgan, Ripple can be instrumental in providing liquidity solutions that optimize the operation of markets. Until now, solutions such as xRapid and even transaction processing using XRP cryptocurrency have been increasingly adopted by the Asian market.
- CoinShares Report: Nearly 80% of Bitcoin Mining Done with Renewable Energy.
The vast majority of bitcoin mining is probably conducted using renewable energy sources, CoinShares have calculated in a scathing rebuke to critics who have alleged that bitcoin mining operations are environmentally wasteful.
- General: ASUS Partners with Quantumcloud to let Gamers Mine Cryptos With Idle-power From Their GPUs.
ASUS has recently announced a partnership with Quantumcloud to develop a software that allows gamers to mine crypto with their idle GPU Power, without affecting the performance of their products or deviating from the company’s market focus.
- U.S.A.: Blockchain Technology Could Tackle the Opaque Supply Chain of Jewelry Industry.
According to an article published by The New York Times on November 30, 2018, blockchain technology could prove to be a game changer for the jewellery industry. The innovation’s inherently transparent and immutable nature could mitigate the risk of counterfeiting within the fragmented supply chain specific to the industry.
- Asia: Pac-Man Arrives on the NEM (XEM) Blockchain.
The arcade classic Pac-Man has finally arrived on the blockchain thanks to NEM (XEM), a cryptocurrency project building a network designed for better-performing smart assets.
- London (UK): World’s First Blockchain-Based Oil Trading Platform Launched.
VAKT, a blockchain-based consortium formed by leading oil and energy sector companies announced the launch of its commodity post-trade management platform through a press release dated November 29, 2018. The launch entails the birth of the world’s first enterprise-grade DLT platform in the oil and energy industry.
- General: Craig Wright Claims Bitcoin SV Will Process 1TB Blocks in Two Years.
Dr. Craig S. Wright has a mission in mind for Bitcoin SV (BSV) to process terabyte-sized blocks. It’s a “2-year target” according to a tweet he published yesterday.
- U.S.A.: SEC Fails to Show Court Blockvest Tokens Are Securities.
A U.S. district judge has denied the motion filed by the Securities and Exchange Commission (SEC) against cryptocurrency company Blockvest and its founder. The SEC failed to show the court that Blockvest’s tokens are securities. The company has set up a fictitious regulatory agency and claimed its ICO is endorsed by three different U.S. regulators.
- Asia: TRON (TRX) Plans to Add Privacy Functionality Early Next Year.
TRON Foundation CEO Justin Sun revealed this week that TRON (TRX) is currently exploring the adoption of the zk-SNARK technology made popular by privacy coin Zcash (ZEC) — with plans to implement the zero-knowledge proofs in Q1.
- U.S.A.: Morgan Creek CEO says 20x Bitcoin (BTC) Bull Run Possible Over Next Decade.
Early last week, CNBC’s “Fast Money,” somewhat infamous for its coverage of markets, continued its incessant coverage of Bitcoin (BTC), calling upon Mark Yusko of Morgan Creek Capital Management to make a guest appearance. Surprisingly, while Yusko hails from the realm of traditional finance, he expressed that cryptocurrencies are likely to succeed over the long haul.
- Africa: Blockchain Technology Can Solve Africa’s Energy Problems.
Despite the abundance of many forms of natural energy in Africa, including solar, wind and hydro, several parts of the vast continent still have no access to 24/7 interrupted electricity. According to a World Economic Forum report on November 29, 2018, blockchain technology can fix the energy issues of Africa if well utilized.
- General: Hands-on with the Sirin Labs FINNEY, the World’s First Crypto-Native Smartphone.
Sirin Labs, the blockchain startup funded by nearly $158 million in initial coin offering (ICO) proceeds, has released its much-anticipated “blockchain smartphone,” the FINNEY.
- North Korea: Hackers from North Korea Targeting Bitcoin, Crypto Investors.
Due to the decentralized, borderless, and censorship-resistant nature of Bitcoin and related technologies, North Korea, the world’s most well-known hermit state, has taken a liking to this decade-old innovation. But some would argue that North Korea has taken its crypto penchant a bit too far, with a multitude of reports indicating that the nation is leveraging cryptocurrencies for dubious financial gain.
- Hong Kong (China): OKEx Reveals 38 Altcoin Trading Pairs Scheduled for Delisting.
Earlier this week, Hong Kong-based OKEx revealed the names of the altcoins set to lose low-volume trading pairs this December in the exchange’s third round of delistings.
- General: Satoshi Nakamoto comes alive with first post in 4 years – big news coming?
After four years of inactivity the account at P2P Foundation of the person or persons who invented bitcoin has posted and it has got the crypto community buzzing with excitement.
- Japan: Japanese Cryptocurrency Exchange to Relaunch as Part of Huobi After Buyout.
A regulated Japanese cryptocurrency exchange is shutting down to relaunch as part of the Huobi family. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade customers need to open new accounts, complete KYC verification, and transfer their assets to the new platform.
- Buenos Aires (Argentina): G20 Discusses International Cryptocurrency Tax.
The G20 conference, which is happening at this moment in Buenos Aires, has produced a decision which will be interesting to the cryptocurrency world.
- U.S.A.: Why Chicago is Fast Becoming the Crypto Trading Capital of the World.
Chicago is home to a number of spot exchanges which trade the cryptocurrencies that underlie the derivative contracts. Athena Bitcoin operates more than 70 crypto ATMs in 8 states across the USA and has entered Latin America.
- Africa: Self-Sovereign Digital Identity for Refugees.
Gravity Earth is a company that is helping refugees in Africa by introducing a blockchain-based platform that allows them to prove their identity which in turn can help them gain access to financial services.
By Marco Di Maio