A new project by cryptocurrency wallet platform AirTM and artist cryptograffiti is aiming to raise $1 million in aid for Venezuelans via an interactive Bitcoin installation. Airdrop Venezuela To Give Away $1 Million Airdrop Venezuela, which is underway in the Columbian town of Cúcuta, is leveraging the Bitcoin blockchain to allow direct financial aid to Venezuelans from abroad. The partnership has created a wall mural of incumbent president Nicolas Maduro, composed of banknotes of Venezuela’s inflation-stricken currency the Sovereign Bolivar (VES). Participants send a donation to a Bitcoin address, whereupon…
Read MoreMonth: February 2019
Wirex Introduces Global Crypto Accounts for Businesses
With the beta launch of crypto and fiat-enabled business accounts, crypto payments platform Wirex has taken a major step toward mainstream business acceptance. Using a cryptocurrency business account will eliminate the need to convert to fiat unnecessarily during inter-company fund transfers, validate crypto businesses in the wider marketplace, and offer some of the benefits traditional bank accounts provide business users. Also read: Switzerland Shows the Way: Bank First to Offer Crypto Business Accounts European Beta of Crypto Business Accounts For the duration of the desktop-only beta, the first round of…
Read MoreCoinomi Wallet Transmits Plain-Text Seed Phrase…For Spellchecking!
Bitcoin software (and hardware) wallets are open to a bewildering array of attack vectors, because… well, money. Hackers will always be trying to exploit vulnerabilities or find back-doors. But Coinomi wallet apparently made things a bit too easy, by sending a plain-text seed to Google API for spellchecking. How Do You Spell ‘Cleaned Out’? The bug came to light after a user noticed $60k-70k of cryptocurrency had disappeared after installing the wallet. The user had entered the passphrase for another wallet into the restore field, to move some unsupported assets. A…
Read MoreTop Business School in India to Offer Advanced Blockchain Program for Professionals
A top business school in India is set to offer an advanced blockchain program for professionals. It marks the latest case of global academic institutions trying to answer the demand from students and industry for more education on crypto assets. Also Read: University of Michigan Endowment Backs Crypto VC Fund Indian Institute of Management Calcutta to Teach Crypto The Indian Institute of Management Calcutta (IIM Calcutta), a top ranked public business school in Kolkata, West Bengal, plans to start a new cryptocurrency-related education program in May 2019. The Advanced Programme…
Read MoreWyoming Signs 4 New Blockchain-Friendly Bills
Lawmakers just signed four new blockchain bills in Wyoming, steaming ahead as the most blockchain-friendly state in the U.S. Let’s be honest. Most people outside of the U.S. have never heard of Wyoming. Yet, the home of the famed Yellowstone National Park, steep canyons, and gushing geysers is firmly on the cryptocurrency community’s radar. It started about a year ago, with blockchain friendly bills. But things really kicked off in earnest ever since governer Mark Gordon praised the local blockchain industry during his inauguration speech. Wyoming resoundingly voted to pass…
Read MoreIn the Daily: Blockchain Phones, Crypto Cash Out Gets Easier, Banks vs Exchanges
Wednesday’s edition of The Daily charts the rise of blockchain phones and the effects they’re exerting on the tokenized assets supported by their built-in wallets. We also examine Europe’s favorite crypto card service, which is invading Asia and making it easier to cash out of cryptocurrency, and consider the similarities between crypto exchanges and banks in terms of assets under management. Also read: China’s New Crypto Ranking: Bitcoin Upgraded, Tron Debuts Near Top Smartphone Support Sends Tokens Soaring On Feb. 22, a number of ERC20 tokens recorded impressive double-digit growth,…
Read MoreCryptocurrency Jobs Peak in These Indian Cities
Demand for skilled professionals in the crypto space has been steadily rising, according to new data that ranks cities in India based on the number of jobs in the cryptocurrency field. Some cities such as Mumbai dropped several places from last year’s ranking while a couple of others are new to the list. Also read: Indian Supreme Court Gives Government 4 Weeks to Produce Crypto Regulation Hottest Cities for Crypto Jobs According to new data from job listing site Indeed, Bengaluru is the number one city in India for crypto…
Read More‘Free Speech Money’ – Why Bitcoin is Ideal for Gab’s New Dissenter Platform
A new Reddit competitor called Gab Dissenter from Bitcoin-friendly social media network Gab.ai gained almost matched the daily active users on its first day of operations than all Ethereum DApps combined. Gab Dissenter Lets You Comment on Any Website Dissenter.com, which launched February 26, allows users to leave comments on any internet URL. Unlike Reddit, it has a decentralized structure. Participants paste any given URL into a separate field, principally a browser extension, type their comment and click on a ‘Dissent this’ button which syncs their text with the page’s…
Read MoreChina’s New Crypto Ranking: Bitcoin Upgraded, Tron Debuts Near Top
China’s Center for Information and Industry Development has released its latest ranking of crypto projects. A total of 35 projects were evaluated this month, with Tron debuting near the top of the list. Meanwhile, Bitcoin has climbed up the ranking slightly. Also read: Bitcoin Climbs up China’s First Crypto Ranking of 2019 New Ranking, Tron Added The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released the 10th update of its crypto project ranking on Tuesday. The center noted that this is the…
Read MoreWall Street Doesn’t Want Private Keys So We Got Rid of Them, Says Crypto Startup
Cryptography company Curve revealed its Institutional Digital Asset Wallet Service today, which aims to provide financial institutions and enterprises with a storage solution that makes their cryptocurrencies and digital assets instantly available — while also providing total autonomy and eliminating the need for private keys. Curv claims that it is eliminating the need for somewhat-complicated private key access to institutional players looking to add cryptocurrencies and digital assets to their portfolios. The company says it is doing this via “a simple, distributed way to secure and sign transactions.” More specifically, Curv…
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