Category: Analysis

About That Orange B… The History of Bitcoin’s Logos

Can a logo symbolize the ethos of a project? An industry? An entire movement? This is perhaps too much meaning to attribute to any one design, but if any logo has come close to the task, it’s that of bitcoin. Belonging to no corporation, no in-house graphic design team at a shiny Silicon Valley startup, ...

Bloq Labs’ Titan Aims to Simplify Crypto Farming

Titan, a new product from Bloq Labs, aims to make it easier to set up and run new blockchain miners in global farms. The software is essentially a web-based mining manager for owners of large setups. You install it onto your machines and then launch a server that will collect and analyse all of the ...

Unpatched Ethereum Clients Pose 51% Attack Risk, Says Report

Ethereum clients that still haven’t patched known vulnerabilities pose a security risk to the entire network, according to new research. A report from Security Research Labs that used ethernodes.org data, indicates that a large number of nodes using the most popular clients Parity and Geth have been left exposed for “extended periods of time” after ...

Vitalik Proposes Mixer to Anonymize ‘One-Off’ Ethereum Transactions

“We need a first step toward more privacy,” Vitalik Buterin, founder of the ethereum blockchain network, said Wednesday. In a new HackMD post, Buterin detailed a design to help obscure ethereum user activity on the blockchain. More specifically, Buterin proposed a “minimal mixer design” aimed at obfuscating user addresses when sending fixed quantities of ether (ETH). ...

Japan Scrutinizing Crypto Exchanges Ahead of G20 Summit

Japan’s Financial Services Agency (FSA) is said to be scrutinizing cryptocurrency exchanges in the country to ensure anti-money laundering (AML) processes are in place. A report from the Nikkei Asian Review on Wednesday, citing an unnamed FSA official, said that inspections are being carried out ahead of the G20 summit next month. The G20 – the ...

Rakuten Brings in Compliance Partner for New Crypto Exchange

Japanese e-commerce giant Rakuten, has partnered with blockchain analytics firm CipherTrace to help ensure compliance for its soon-to-go-live cryptocurrency exchange. CipherTrace announced Wednesday that it will help ensure sound anti-money laundering (AML) processes are in place for the firm’s Rakuten Wallet exchange platform, which is based in Tokyo. Rakuten Wallet started accepting account registrations last ...

MakerDAO Finally Approves DAI Fee Decrease After 11-Day Deliberation

After nearly two weeks of continuous voting, MakerDAO token holders have officially activated a decrease to DAI stablecoin fees. DAI is an ethereum-based token which presently maintains a soft peg to the U.S. dollar. In recent months, fees have increased dramatically for users to loan out DAI from the MakerDAO system. This was because since ...

Can Bitcoin’s Lightning Network Power Payments in a Japanese Bar?

A bar in Japan is teaming up with a locally-based lightning startup to let customers pay for sparkling wine and soft drinks using the experimental payments network. For the month of June, the Japan-based lightning startup Nayuta will be partnering with Awabar Fukouka to trial the payment system in what they’re calling a “field test.” ...

Maxwell, Wuille Co-Author Proposal for a Big Boost to Bitcoin’s Bandwidth

A newly-proposed relay protocol could reduce the “transaction bandwidth” used up by bitcoin nodes by up to 75%. Called Erlay, the proposed protocol alters the way transactions are relayed so that they use significantly less bandwidth, an important resource for the nodes that make up the network. The authors include The University of British Columbia ...

EY Open-Sources ‘Nightfall’ Code for Private Transactions on Ethereum

One of the world’s largest consultancy firms has released a new set of protocols for enabling private transactions atop the ethereum blockchain. The project, dubbed “Nightfall,” by Ernst & Young (EY) was released on GitHub Friday. The goal, according to the code’s description on GitHub, is to provide a means for transacting on ethereum with ...