Chinese Government Orders Faster Blockchain Development

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. The State Council of China ordered local financial authorities and government-funded research centers to focus on the development of blockchain technology and accelerate the commercialization of the blockchain. The official statement of the State Council of China released on May 24 read: …

China Ranked Verge, Which Experienced a 51% Attack, in the Same Spot as Bitcoin

Join our community of 10 000 traders on Hacked.com for just $39 per month. On May 22, CCN reported that Verge (XVG), a privacy-focused cryptocurrency, fell victim to yet another 51 percent attack. Altcoin mining pool operator Suprnova revealed that an individual or an organization has invalidated legitimate blocks. Verge Attack “Verge is once again …

Global Blockchain Adoption Still Low, Gartner Survey Finds

Join our community of 10 000 traders on Hacked.com for just $39 per month. Adoption and interest in blockchain technology by global information company information officers is low, says Gartner in its 2018 CIO Survey, although executives from telecom, insurance and financial services have shown keenness in planning to adopt the decentralized technology. Although financial …

Litecoin Payments are Quietly Starting to Catch On

Join our community of 10 000 traders on Hacked.com for just $39 per month. One of the main critiques about Bitcoin is the digital currency’s troubles offering timely and cost-effective payments. Charlie Lee, the founder of Litecoin, foresaw Bitcoin’s future payment issues, and took action by designing a more payments-friendly blockchain.  After earning the nickname, …

Bitcoin Price Retreat Weighs Heavily on Demand for Crypto Jobs

Join our community of 10 000 traders on Hacked.com for just $39 per month. There is a correlation between bitcoin price performance and interest in the bitcoin and cryptocurrency job market, a new report by job site Indeed’s Hiring Lab reveals. When times are good in the bitcoin price, it’s reflected in rising demand for …

US Treasury Offers Advice to Government Agencies Interested in Blockchain

Join our community of 10 000 traders on Hacked.com for just $39 per month. The US Department of the Treasury published a blog post offering advice to other government agencies that are interested in adopting blockchain or distributed ledger technology (DLT) in their internal systems. The post, which was drafted by the Treasury’s Bureau of …

Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in Review

Join our community of 10 000 traders on Hacked.com for just $39 per month. What happened in crypto this week? Price Watch Bitcoin is up 16% this week to $9,000. This comes as part of an increase across the entire cryptocurrency market. It’s also likely the result of higher trading volumes. Fundstrat’s Thomas Lee made a …

Facebook’s Data Security Meltdown Could Bolster Blockchain: Analyst

Join our community of 10 000 traders on Hacked.com for just $39 per month. The social media giant shouldn’t mistake the forest for the trees. While Facebook continues to reel from a security breach involving the personal data of tens of millions of users, they may just have demonstrated the value of an unalterable public ledger, …

GE Transportation joins Blockchain in Transport Alliance (BiTA)

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The transportation sector of General Electric (GE) has become a member of Blockchain in Transport Alliance (BiTA). GE is one of the leaders in innovative and sustainable technology with twelve business sectors including power, aviation, digital, healthcare, renewable energy, transportation and global …