Developer Activity Surrounding Eos, Tron, and Bitcoin Cash Plummets

A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects. In Outlier Ventures’ Blockchain Developer Report for the second quarter of 2020, the firm notes that development fell by half for top markets Bitcoin Cash (BCH), Eos (EOS), and Tron Tron (TRX). Despite the retraction in building, the firm notes that some signs of strong developer activity surrounding various crypto projects, with Theta (THETA) and Cardano (ADA) seeing increases in…

Bitcoin Will Soon See the Exact Same Signal That Marked the Start of a 4,000% Rally

Bitcoin has failed multiple attempts at breaking past $10,500 over recent weeks, yet analysts say that the cryptocurrency is still on track to erupt into a new bull run in the coming months. Related Reading: Over a Dozen Top Crypto Assets Are Up Over 10% Today: Here’s Why Bitcoin Charts Signal a Start to Another Bull Run A prominent trader shared the chart below on June 13th, showing that Bitcoin’s two-week relative strength index (RSI) is about to break past a downtrend formed in the wake of the rally to…

Website Compiles List of KYC-Free Exchanges, Along With Some Warnings

A new website seeking to compile an active list of every cryptocurrency exchange that welcomes traders in some capacity without forcing them to hand over personal information through know-your-customer, or KYC, verification. Kycnot.me is only concerned with exchanges that support Bitcoin (BTC) or Monero (XMR), asserting that BTC is the largest crypto asset with the most adoption and XMR offers the strongest privacy protections. Website tracks KYC-free crypto exchanges The website currently lists 14 KYC-free trading platforms, many of which offer a peer-to-peer marketplace for crypto assets.  However, the site…

Cryptocurrency News From Japan: June 7

This week’s headlines from Japan included Japan’s minister of finance spurring conversation on crypto terminology, Merkle Science joining the Japan Security Token Association, Fobi Japan listing its own token, and Coincheck unveiling a digital meeting and voting solution.  Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. Japanese politician talks about crypto terminology confusion Taro Aso, Japan’s minster of finance, recently labeled cryptocurrency terminology as confusing, singling out the term “cryptographic assets” specifically. Industry conversation on suitable phrasing followed.  A social media poll from…

It Is Time for Databases to Get Fully Decentralized

Across Europe, a privacy row has been brewing over various efforts to use coronavirus contact tracing technology. Contact tracing is the cornerstone of the efforts to track the spread of COVID-19 in an attempt to prevent a second wave by quarantining those exposed to the infection. After all, it proved to be successful in China and South Korea. However, the contact tracing efforts in China and South Korea are generally considered to breach user privacy to an extent that’s culturally and legally unacceptable across much of Europe. Nevertheless, it seems…

Blackmail is Behind Multi-Million ETH Transfer Fees, Say Researchers

Over the past week, the crypto community has been left befuddled by three small Ether (ETH) transfers that incurred millions of dollars in fees. However, new reports have given weight to speculation that the seven-figure fees may have been deliberately spent as part of a blackmail scheme targeting a cryptocurrency exchange, with Chinese blockchain analysis firm PeckShield concluding that the transactions were likely resulting from extortion attempts. Seven-figures ETH fees attributed to extortion On June 12, Chinese media outlet Chainnews reported that analysis firm PeckShield has concluded that the string…

Wilshire Differentiates its Fund From Grayscale, Says “Investors Deserve More”

The founder of investment firm Wilshire Phoenix, William Herrmann, said his firm’s recently filed U.S. Bitcoin fund notably differs from anything else currently on the U.S. market, based on its Bitcoin price sourcing and involved third parties. In an email exchange with Cointelegraph, Herrmann didn’t mention Grayscale’s Bitcoin Trust by name, but Grayscale is the most well-known U.S. product in the space. “The digital asset market has obviously experienced exponential growth, but the products currently in the space have not evolved with such growth,” Herrmann told Cointelegraph. “We think investors…

Survey Respondents Are Split 50/50 Between Bitcoin & Big Banks

The survey results are in — there is almost an equal split on the issue of trust: Bitcoin (BTC) or big banks. There has also been an incredible change in attitudes over the past three years on the issue. Who trusts in Bitcoin? The Tokenist surveyed 4,852 respondents in 17 countries about their attitudes towards Bitcoin. It also compared its findings with the responses from previous similar surveys. This allowed it to observe how these attitudes changed over time. If you had to choose, which of the following is more…

Who Will Be the Crypto Hotmail?

The internet started its life over 30 years ago, and since then, it has penetrated almost every aspect of our lives. Today, it underpins virtually everything we do. In fact, it’s difficult to imagine our lives without it. The march of technology continues, and we have reached a crossroads. A different technology evolution that I predict is likely to have a similar impact on all our lives is blockchain, and if you haven’t seen its potential, you aren’t looking closely. Skeptics keep asking the same questions over and over again…

IBM Pilots Blockchain Solution For Primary Teachers’ Pensions in Bangladesh

IBM has announced an initiative to build a distributed ledger technology, or DLT, based architecture to underpin the digital pension system for Bangladeshi primary school teachers. The proof-of-concept comprises a permissioned network of teachers and other stakeholders powered by the IBM Blockchain Platform, with pension information uploaded to the blockchain to ensure tamper-resistant record-keeping and offer security assurances to teachers participating in GBB’s e-pension system. The pilot is being conducted in partnership with the Bangladesh Computer Council, BCC, a government overseeing IT policy in the country. IBM’s blockchain platform is…