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Cryptomining Applications Suspended in Quebec

Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes. Bitcoin and cryptocurrency-mining operations in Canada are largely powered by Hydro Quebec. Representatives of the company are asking that the total amount of energy made available to digital currency miners be limited ...

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Cryptocurrencies Like Bitcoin Are Not Securities, but …

U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton states that the SEC will not be bending the rules anytime soon when it comes to cryptocurrencies and that while bitcoin remains a commodity, all initial coin offering (ICO) tokens — or coins offered through a fundraising process — classify as securities. “We are not going to do any violence to ...

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Op Ed: Venmo Offers the Ultimate Cryptocurrency Experience

Venmo could be the ultimate cryptocurrency experience from a user-experience perspective. Any cryptocurrency that seeks to power the future of global transactions must ensure that it is supported by a payment system that is simple, user-friendly and free — like Venmo. Bitcoin and Venmo In the original Bitcoin white paper, Satoshi Nakamoto describes the network as “a purely peer-to-peer version of electronic ...

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From Chatroom to Classroom: The Evolution of Blockchain Education

The Rise of Blockchain Curricula Conceptualizing a course five years ago carried a degree of risk, but like the crypto market writ large, there’s a “positive relation between risk and expected return.” That risk has paid off. By 2014, the movement had made enough noise to attract the attention of academic institutions. Over the coming years, some of America’s leading ...

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The Future of Bitcoin: What Lightning Could Look Like

After years of conceptualization and development, the first Lightning implementations are now in beta. As a result, more nodes are appearing online every day, a growing number of users are opening channels with one another, and some merchants even started to accept Lightning payments. But of course, these are still the very early days of the Lightning Network. While the ...

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Development of Lightning Mobile Wallets Promises Faster Bitcoin …

Since the turn of the year, the price of bitcoin has been battered with investors left to lick their wounds. Behind the scenes though, the development of Bitcoin has continued to defy market movements with the continuous development of the Lightning Network (LN), which has led to the creation of several bitcoin LN wallets. The Lightning Network ushered in the ...

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Untapped Potential and Hidden Challenges of IoT and Supply …

Applications of blockchains extend far beyond cryptocurrencies. Electronic sensor networks powered by the Internet of Things (IoT) are an untapped platform for deploying the next generation of blockchain technology, which stands to improve operating efficiency in numerous sectors, including manufacturing supply chains. The key challenge to adopting blockchain technology on a large scale is adequately quantifying the costs and risks ...

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Huobi Chain Project Plots Course Toward a Decentralized Financial …

Huobi is announcing the launch of the Huobi Chain Project (HCP) and the Huobi Chain Superhero Championship Program (HCSCP). With the HCP and HCSCP initiatives, Huobi wants to build a next-generation, decentralized financial platform. Huobi, headquartered in Singapore, is a global digital currency trading platform and exchange with offices in Hong Kong, Korea, Japan and the United States. According to ...

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