Coindash Hacker

On July 17th, 2017 Coindash was compromised during a 15-minute for their “whitelist contributors” prior to the public initial coin offering (ICO).

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SegWit

Segregated Witness abbreviated as SegWit helps with increasing the block size on a blockchain by removing signature data from Bitcoin transactions. As a result, this will free up space or increase the capacity to add more transactions to the chain. According to bitcoincore.org, there are 133 companies and software projects ready and preparing for SegWit.

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Mt Gox Logo

Mt Gox former CEO Mark Karpeles embezzlement trial is to begin today in Tokyo, Japan. He is facing embezzlement charges in regards to 750,000 missing Bitcoins worth over $1.75 billion USD. Mt. Gox is a Tokyo based bitcoin exchange that once handled 80 percent of the world’s bitcoin trades but filed for bankruptcy in 2014.

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South Korea new step for cryptocurrencies

South Korea: new step for cryptocurrencies – South Korea is preparing a bill to supply legal framework and support to the cryptocurrency market. As reported on 3 July, 2017 by the Korea Herald, there are three revisions needed to make this month for building a governing framework for digital currencies. Which is being drawn up by representative Park Yong-jin, a lawmaker and member of the country’s ruling Democratic Party, Korea.

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tax free image

The exclusion of tax on the sale of Bitcoin is very significant for the ecosystem of Bitcoin traders in Japan.

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IoT era blockchain image

In this IoT era, blockchain technology has been mainly applied in the financial industry; however, more and more industries are starting to invest in blockchain technology. 

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