Business

Four Out of Five Top Bitcoin QR Code Generators are Scams: Report

[ad_1] Four out of the first five results presented when querying Google for a “bitcoin qr generator” lead to scam websites.The findingsCryptocurrency wallet ZenGo wrote the findings in a blog post published on Aug. 29. Reportedly, when researching prior to implementing QR Code support in their wallet, ZenGo learned of the prevalence of scam QR Code generators. The company explains how the alleged scam works:“These sites generate a QR code
BLOCKCHAIN

U.S. Dep. of Energy Grants $200,000 to Blockchain Company to Secure Grid

[ad_1] The U.S. Department of Energy (DOE), is granting nearly $200,000 to blockchain company Factom to help protect the national power grid.Blockchain to improve grid reliability and resilienceOn July 12, the U.S. Department of Energy awarded the funds. The overall objectives of the grant proposed to design a system to improve grid reliability and resilience through the use of blockchain technology. The abstract reads:“Electric grids are quickly evolving with advanced
ALTCOIN

Poloniex Exchange Will Upgrade XRP Wallets Monday, Limiting Activities

[ad_1] U.S.-based crypto exchange Poloniex took to Twitter today to announce the upgrade of its XRP wallets, which will result in withdrawals and deposits being suspended for several hours.What will change?On Sept. 5, the crypto exchange took to Twitter to explain that it will upgrade its XRP wallets to further enhance the user experience. Once the upgrade is implemented the base reserve deposit requirement of 20 XRP to create a
EXCHANGES

Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential

[ad_1] For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to gather food and medicine. Throughout the monetary struggle, there have been uplifting stories of
BLOCKCHAIN

Waves Platform and The Abyss to Jointly Launch Blockchain-Based Games Marketplace

[ad_1] Open source blockchain platform Waves and blockchain game distribution platform The Abyss will jointly launch a blockchain-based marketplace of digital goods and in-game items.In a blog post published on Sept. 5, The Abyss revealed its collaboration with the Waves Platform, aimed at the development of a blockchain-powered marketplace of tradable goods and in-game items. The marketplace will enable users to purchase items with Abyss Tokens and sell them to
Business

OKCoin’s Fiat-to-Token Trading Now Available in 7 More US States

[ad_1] San Francisco-based cryptocurrency exchange OKCoin will now offer fiat-to-token and token-to-token trading services to residents of seven more US states.OKCoin expands services in the United States of AmericaOn Sept. 5, OKCoin, one of the top cryptocurrency exchanges by adjusted volume, announced that its trading services are now available in 7 new US states: Arkansas, Iowa, Kentucky, Mississippi, Pennsylvania, Utah and Wisconsin, which are added to an already extensive list
BLOCKCHAIN

Startup Tests New Ethereum Sidechain Following Coinbase Investment

[ad_1] Following investment from Coinbase Ventures, Offchain Labs has opened up the Alpha version of its Ethereum (ETH) scaling solution, dubbed Arbitrum.Enterprise-focused blockchain startup Offchain Labs said that their solution will enable processing speed of more than 500 transactions per second for Ethereum applications, industry-focused news outlet Crypto Briefing reported on Sept. 5.Arbitrum has reportedly secured new investment from Coinbase Ventures, the investment arm of major American cryptocurrency exchange Coinbase.Faster
ALTCOIN

Crypto Giant Binance Launches Token Airdrop Following JEX Acquisition

[ad_1] Major cryptocurrency exchange Binance plans to launch a token airdrop as part of the company’s acquisition of JEX, a crypto-asset trading platform.In a Sept. 5 announcement, Binance again revealed the acquisition of JEX, which will now operate under the name Binance JEX as an independent team within the Binance ecosystem. Following the acquisition, Binance is going to convert ERC-20 JEX tokens into native Binance Chain-based BNB (BEP2) ones.Distribution of
EXCHANGES

Incoming European Central Bank President Is Open to Cryptocurrencies

[ad_1] Christine Lagarde, who has been nominated by European governments to replace sitting European Central Bank President Mario Draghi, appears kinder to the burgeoning cryptocurrency industry than her predecessor. In a statement issued to the Economic and Monetary Affairs Committee of the European Parliament, the former managing director of the International Monetary Fund laid out her guiding philosophy and game plan for how she will govern if her nomination is
EXCHANGES

Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money

[ad_1] The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing people from voting with their wallets and trying to secure their savings on safer shores. The latest example of this comes from Argentina where capital controls are now