Wrangling Data For Enterprise Blockchain Company Libra Launches Crypto Office
Libra, a developer of blockchain tax and auditing software, has launched Crypto Office, a new product aimed at the industrys biggest players exchanges, market makers and hedge funds.The company will make its formal announcement November 28, 2017, at Consensus Invest in New York, while also naming cryptocurrency exchange ShapeShift and liquidity provider XBTO as early adopters of the technology.The product announcement comes the day after Libra also announced $7.8 million in Series A financing
Source: http://cryptscout.com/news-portal/?id=20&ref=2043&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Addressing Healthcare Inefficiencies and Costs Through Robomed Network
The effective management of costs and efficiencies is a vital element for ensuring high-functioning healthcare systems. Nowhere is this trend being more closely watched than in the U.S. and U.K.According to a 2015 report by the Center for Medicare and Medicaid Services, the most recent year for which data is available, total expenditures on healthcare in the United States was $3.2 trillion, approximately 17.8 percent of the nations gross domestic product GDP. Fortune Magazine reported this ye
Source: http://cryptscout.com/news-portal/?id=20&ref=2042&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Bitcoin Price Analysis Bitcoin Tests Parabolic Trend After 25 Weekly Growth
Over the last 7 days, bitcoin has seen further, rapid growth as it manages to squeeze a $2,000 rally leading into its current all-time high in the $9700s a staggering 25 growth in 7 days. As discussed in previous bitcoin market analyses, the bitcoin market has progressed in a parabolic envelopeFigure 1 BTC-USD, 1 Day Candles, Macro Parabolic EnvelopeAs of the time of writing this article, the current bitcoin market has broken its linear channel outlined in purple and is now testing the upper
Source: http://cryptscout.com/news-portal/?id=20&ref=2041&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
This New Scaling Layer Could Make Payment Channels Ten Times More Effective
There is no disputing the fact that the Bitcoin network has scalability problems. Micropayment channels are a solution to increase the transaction rate and speed. Yet, this is not the golden solution This micropayments solution needs a fixed amount of funds to be locked into each channels multisignature wallet and requires a transaction for each channel creation and closure. This hinders the Blockchain network from upscaling to a global payment system because Bitcoins capacity is limited.A r
Source: http://cryptscout.com/news-portal/?id=20&ref=2040&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Scriptless Scripts How Bitcoin Can Support Smart Contracts Without Smart Contracts
Bitcoins capacity is limited. Meanwhile, smart contracts can be resource intensive. So even though Bitcoin has always supported basic smart contract functionality, the two have never been a natural match.But a recent topic of research spearheaded by Blockstream mathematician Andrew Poelstra could help fix this. Recently presented as key part of his presentation at Scaling Bitcoin Stanford, Scriptless Scripts have the potential to completely move certain smart contracts off of Bitcoins blockch
Source: http://cryptscout.com/news-portal/?id=20&ref=2039&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Uber hacked, Bitcoin hijacked and Dotcom's new internet The week in cybersecurity
From the Uber hack to the rise of commercial spyware applications on Android These are the biggest cybersecurity and hacking stories of the week from IBTimes UK's tech team.
Source: http://cryptscout.com/news-portal/?id=17&ref=497&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
CoinPouch hack Over $655,000 worth of Verge cryptocurrency was stolen by hackers
The details of how the hack occurred still remains a mystery as investigations into the incident are temporary stalled due to Thanksgiving holiday.
Source: http://cryptscout.com/news-portal/?id=17&ref=496&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
SophiaTX Integrates Blockchain Technology With SAP
In September, SophiaTX announced the first open-source platform to primarily integrate blockchain technology with SAP software, used by 87 percent of global businesses and 98 percent of the top 100 most-valued brands.To advance blockchain into business operations, the blockchain must integrate with ERP enterprise resource planning and other enterprise applications such as SAP, notes the SophiaTX white paper. This sector has been relatively untouched until recently when Equidato Technologies A
Source: http://cryptscout.com/news-portal/?id=20&ref=2038&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Zen Protocols Mission for Decentralized Finance
In Eastern traditions, Zen is often defined as a total state of focus, a merging together of body and mind. It involves dropping illusions and seeing things as they are in the present moment.Based in Tel Aviv, Zen Protocol recognizes that starting in the here and now is vital to innovation and progress. Its mission To create a platform that allows anyone in the world find and use financial products in a highly secure manner.Zen Protocols eclectic team of developers and crypto veterans aims to
Source: http://cryptscout.com/news-portal/?id=20&ref=2037&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Goodbye Bugs How Formal Verification Could Fortify Smart Contracts
As a way to eliminate bugs in high-risk code, a style of software programming known as formal verification is making its way into the blockchain world.Put simply, formal verification uses math to specify and analyze a program for errors in logic. However, because of the time and cost involved, formal verification is best reserved for situations where human life or large sums of money are at stake.Currently, formal verification is used to verify the correctness of high-risk code in transportat
Source: http://cryptscout.com/news-portal/?id=20&ref=2036&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
This Bitcoin Developer Is About to Take on the Mining Hardware Industry
BtcDrak, the most active pseudonymous Bitcoin Core contributor to date, is making a move into the mining hardware industry. The developer, who besides having contributed to the Bitcoin Core repository also maintainsbitcoincore.organd the Bitcoin Core Community Slack, told Bitcoin Magazine he helped set up ASIC chip manufacturing company Halong Mining over the past year, and produced an initial batch of mining hardware, with plans to ship to consumers in early 2018.We started a mining project
Source: http://cryptscout.com/news-portal/?id=20&ref=2035&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Bitcoin Exchange Globitex Granted European Electronic Money License
Globitex, a new bitcoin exchange co-founded by former Bitcoin Foundation Executive Director Jon Matonis, is announcing that its parent Globitex Holding Latvia group company NexPay UAB has been granted an Electronic Money Institution EMI license by the Bank of Lithuania, a regulatory authority in the European Union, to carry out payment services and e-money issuance in the EU.The acquisition of the EMI license will allow Globitex to integrate with the Single Euro Payments Area SEPA euro paymen
Source: http://cryptscout.com/news-portal/?id=20&ref=2034&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Video Streamers Have More Options with These New Blockchain Startups
Innovative technology companies are leveraging blockchain technology to build next-generation business models and Content Delivery Networks CDNs for video streaming, a multibillion-dollar industry that continues to grow. According to data revealed by Theta Labs, one of the companies covered below, the video content and streaming market accounts for 67 percent of current internet traffic and could reach 82 percent by 2020. The new players promise to decentralize global video streaming, while a
Source: http://cryptscout.com/news-portal/?id=20&ref=2033&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Fake WiFi network used by hackers to steal more than 100,000 worth of bitcoin
Austrian police say cyber-thieves transferred bitcoins worth more than 100,000 89,000, $117,000 from a man's account while he was logged into a restaurant's public WiFi.
Source: http://cryptscout.com/news-portal/?id=17&ref=495&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Hacker Allegedly Siphons $31 Million Out of Tether, Driving Further Speculations About the Cryptocurrency
Tether, a cryptocurrency pegged 1-to-1 to the U.S. dollar, was allegedly hacked today to the tune of $31 million.Tether functions to convert U.S. dollars to a type of cryptocurrency. The projects token USDT is pegged to the dollar and is used in exchange trading. The idea behind Tether is that instead of having to sell your bitcoin or other token for a fiat currency, you can convert it to USDT, and either hold it in USDT or else transfer your USDT to another exchange and use it to purchase to
Source: http://cryptscout.com/news-portal/?id=20&ref=2032&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
NAGA Flourishes at the Epicenter of Blockchains Digital Disruption
Blockchain technologys disruptive force in business and commerce has been well documented. With strong momentum ensuing from its beginnings as the foundational technology supporting Bitcoin, distributed ledger technology shows great promise in terms of its potential impact on the future of our planet.One emerging enterprise at the nexus of these developments is The NAGA Group AG, a German fintech company. NAGAs strategic aim is to create world-class mobile and web applications for the capital
Source: http://cryptscout.com/news-portal/?id=20&ref=2031&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Tether hack Nearly $31m in cryptocurrency was stolen by a hacker
Tether said it is now attempting to get the stolen funds back and also ensure that the hacker cannot spend the money.
Source: http://cryptscout.com/news-portal/?id=17&ref=494&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Op Ed We Never Thought of That When Venture-Backed Companies Undertake Reverse ICOs
With well over $3 billion raised this year alone, in very little time initial coin offerings ICOs have emerged as a major source of venture finance. Even companies that have already raised conventional venture funding will be tempted to raise additional funds through ICOs. Although not fully intuitive, some have labeled token issuances by entities that previously obtained equity financing as Reverse ICOs.One prominent example of a Reverse ICO has already occurred. Recently, Kik Interactive su
Source: http://cryptscout.com/news-portal/?id=20&ref=2030&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Rublix Is Reimagining Crypto Trading
The soaring fortunes of bitcoin and cryptocurrencies is attracting massive amounts of media attention worldwide. This has led to a steady stream of traders flocking to the space amid record prices and subsequent asset returns. In some circles, this exuberance has to raise concerns about a bubble akin to the great global recession of 2008. On a weekly basis, a seemingly endless stream of new crypto projects, many predicated on little more than a hastily developed white paper and website, are b
Source: http://cryptscout.com/news-portal/?id=20&ref=2029&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Now the SegWit2x Hard Fork Has Really Failed to Activate
In case there were any remaining doubts, it now seems clear that the SegWit2x hard fork will not happen.The SegWit2x project, a product of the New York Agreement signed onto by a long list of companies and miners in May, had scheduled a hard fork to double Bitcoins block weight limit today. And while the controversial effort was suspended by leaders of the project last week, this would not have stopped anyone else from proceeding with it. Companies like Coinbase were indeed taking into accoun
Source: http://cryptscout.com/news-portal/?id=20&ref=2028&utm_source=RSS&utm_medium=rss&utm_campaign=news-portal
Source: http://cryptscout.com/