Bitcoin 

New CryptoCompare Research Assesses Top Performers Among Crypto Exchanges

Cryptocurrencies data and indices provider CryptoCompare’s new research has assessed and ranked performance among cryptocurrency exchanges as of June 2019. To prepare the ranking of cryptocurrency exchanges, CryptoCompare analyzed data collected between May 1 and May 30 of the current year, considering a series of key components such as geography, legal and regulatory assessment, investment, company quality, data provision and market quality, and trade surveillance. Top performers are reportedly located in the United States, South Korea, and Japan, while Malta is underperforming in its resident digital currency exchanges. CryptoCompare states…

Read More
Bitcoin 

BitMEX Operator Firm Donates to MIT to Conduct Crypto, Bitcoin-Related Research

The owner and operator of cryptocurrency exchange BitMEX has donated to the Massachusetts Institute of Technology (MIT) to conduct cryptocurrency-related research, according to an announcement published on May 28. HDR Global Trading Limited has made a donation to the MIT Digital Currency Initiative (DCI), the objective of which is to conduct the research necessary to support the development of digital currency and blockchain technology. Specifically, the funds will be allocated to support Bitcoin Core developers Wladimir van der Laan and Cory Fields. Commenting on the sponsorship, Sam Reed, CTO of…

Read More
Bitcoin 

BCH May Have Sustained $1.3 Million+ Double Spend: BitMex Research

Following its hard fork on May 15, bitcoin cash (BCH) appears to have experienced a two-block chain reorganization resulting in a 3,392 BCH (about $1.35 million at press time) double spend. The claim was made in a report released by the research arm of cryptocurrency derivatives exchange BitMex on May 24. Per the report, the recent BCH hard fork experienced three interrelated issues. Firstly, an apparent bug evidently exploited by an attacker right after the hard fork. The attacker was able to “broadcast transactions which met the mempool validity conditions…

Read More
Blockchain 

Chinese Central Bank-Led Fintech Research Institute Seeks New Blockchain Talent

A fintech research institute established by China’s central bank, the People’s Bank of China (PBoC), has posted several new job openings for blockchain talent. The three listings were published to Chinese recruitment website Lagou.com on May 21. As its profile on Lagou.com outlines, the Shenzhen Fintech Research Institute is a unit jointly organized by the PBoC’s Digital Currency Research Institute, the Shenzhen Local Financial Supervision Bureau and the Futian District People’s Government. It is tasked with spearheading fintech and digital currency-related development projects under the aegis of the central bank…

Read More
Blockchain 

Honda And GM to Research Smart Grid, Electric Car Interoperability With Blockchain Tech

Major automobile manufacturers Honda and General Motors (GM) are jointly conducting research on electric vehicle and smart grid interoperability using blockchain tech, Japanese news outlet Nikkei reported on May 20. As part of the project, Honda and GM will investigate whether electric vehicles can be used to stabilize the supply of energy in smart grids. Specifically, the companies intend to develop data retrieval methods between electric vehicles and smart grids, which will purportedly enable electric vehicles owners to earn fees from storing power in car batteries and exchanging it with…

Read More
Bitcoin 

Research Shows US Users Visit Cryptocurrency Exchanges 22 Million Times Each Month

The United States, Japan and South Korea are the world’s biggest fans of cryptocurrency exchanges, new research from software firm DataLight reported April 29. After investigating the origin of traders who use well-known exchanges, DataLight — which continues to publish various insights into the industry — said that the U.S. has the highest share of visits, more than triple the next runner up. The firm analyzed monthly visits to 100 platforms, which yielded around 22.2 million from U.S.-based users. Second was Japan with 6.1 million visits, while South Korea had…

Read More
Blockchain 

Moody’s Research Warns Corporations That Private Blockchains Contain New Risks

United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25. Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends. Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation. “New risks with blockchain technology in securitizations may emerge as well as…

Read More
Bitcoin 

Consumer-Targeted Cryptojacking Is ‘Essentially Extinct’: Research

Illicit crypto mining — or cryptojacking — against consumers “is essentially extinct,” declares a report released by cybersecurity company MalwareBytes on April 23. Per the report, after in-browser mining service CoinHive shut down in early March — when the team claimed that the project had become economically inviable — cryptojacking against consumers has sharply decreased. At the same time, the number of such attacks targeting businesses increased from the last quarter. Furthermore, MalwareBytes also notes that bitcoin (BTC) holders who use Electrum wallets on a Mac have lost over $2.3…

Read More
Bitcoin 

New Crypto Mining Malware Beapy Uses Leaked NSA Hacking Tools: Symantec Research

American software security firm Symantec found a spike in a new crypto mining malware that  mainly targets enterprises, TechCrunch reports on April 25. The new cryptojacking malware, dubbed Beapy, uses the leaked United States National Security Agency (NSA) hacking tools to spread throughout corporate networks to generate big sums of money from a large amount of computers, the report notes. First spotted in January 2019, Beapy reportedly surged to over 12,000 unique infection across 732 organizations since March, with more than 80% of infections located in China. As found by…

Read More
Blockchain 

Protocol Labs and Ethereum Foundation Team Up to Research Verifiable Delay Functions

Filecoin owner Protocol Labs is collaborating with the Ethereum Foundation to develop a Verifiable Delay Function (VDF). The company announced the partnership in a blog post on April 19. VDFs are a relatively new cryptographic primitive that can protect systems relying on the generation of (pseudo) random values from manipulation strategies or attack. Examples of everyday use cases include picking a lottery winner on the blockchain, as VDFs could help stop miners from intervening with a block hash to win the jackpot. Dan Boneh, one of the researchers who introduced…

Read More