Korea’s KAIST University Adds Blockchain Application Courses to Curriculum

South Korea’s leading technology university, the Korea Advanced Institute of Science and Technology (KAIST), is working with Theta Labs, the first blockchain-based video delivery system, to introduce students to an entirely new set of coursework regarding the applications of blockchain technology.   “We’re kicking things off with a seminar at the electrical engineering school this Friday [the 16th] where we’ll be providing a high-level overview of blockchain technology and current trends in development,” Theta Labs CEO Mitch Liu told Bitcoin Magazine. “We’ll also start a student club focused on the Theta…

Read More

Bitcoin Cash Technical Analysis: Finally, Some BCH Price Action!

The latest Bitcoin Cash technical analysis wades through the FUD, speculation and an all-out crypto-war to figure out what’s in store for BCH price with the looming hard-fork. Bitcoin Cash Technical Analysis Bitcoin Cash (BCH) 00 is nice and frothy on the expectation of the November 15th fork. Currently, BCH price shorts are outpacing longs and data from Bitfinex shows that BCH shorts are nearly double the number of open longs. Bitfinex and Polo are supporting BCHABC and BCHSV markets and to be honest, anything could happen at this point on…

Read More

Forthcoming Crypto Fund Extremely Bullish on Crypto Infrastructure and Adoption

A cryptocurrency fund that is scheduled for launch early next year believes that the current slump in prices is distracting people from the ever-growing adoption rates of both consumers and investors alike. Circuit Capital has also created an index to measure mainstream adoption of blockchain-related technologies. Circuit Capital Index Shows Adoption is Rising, Even if Price Isn’t According to a report in Bloomberg, the founders of a new San Francisco-based cryptocurrency hedge fund believe that the poor performance of digital asset prices during 2018 has made it more difficult to…

Read More

Major US Museum Becomes Country’s Third to Accept Bitcoin as Payment

Great Lakes Science Center, a major museum and educational center in Cleveland, Ohio, is accepting Bitcoin (BTC) as payment as of today, Nov. 13. Local business news source Crain’s Cleveland Business (CCB) reported on the development Nov. 9. According to SpendBitcoins USA – a directory of retail merchants that accept Bitcoin as payment – at least two other U.S. museums already accept the cryptocurrency from visitors – the Museum of the Coastal Bend in Texas and St. Petersburg Museum of History in Florida. The Ohio museum’s acceptance of Bitcoin comes…

Read More

Trader Jailed and Fined Over $1 Million for Bitcoin and Litecoin Fraud …

The U.S. Commodity Futures Trading Commission (CFTC) issued a press release on Friday, November 9, 2018, stating that it had fined Arizona resident Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme against his former employer and other investors. The same day, a District Court in the Northern District of Illinois sentenced Kim to 15 months on wire fraud charges. Misappropriating Employer’s Funds According to the release, Kim had misappropriated his employer’s funds between September and November 2017. Kim, who was employed by a Chicago-based trading firm at the time,…

Read More

Meet Mattereum, a ‘Deeply Weird’ Startup, Hoping to Transform Smart Contracts

Mattereum, an unorthodox startup, hopes to revolutionize the world of smart contracts by transforming them into enforceable legal contracts. High Weirdness in London TechCrunch’s Jon Evans notes that Mattereum’s project has been kindling in London for roughly a year-and-a-half, with an eclectic “[…] team of lawyers, cryptographers, software engineers, and/or former military consultants.” The project revolves around an attempt to bring together smart contracts and real-world legal contracts, altering traditional landscapes of ownership and legality. Mattereum’s white paper, available via the company’s website, was published in October of this year. The paper describes Mattereum’s goal of developing:…

Read More

Web Summit 2018, a Great Event for Crypto Community

This year’s Web Summit 2018 in Lisbon witnessed impressive giveaways in the form of free digital assets from various blockchain companies. The annual event hosted various A-list panelists including Pinterest’s CEO and Co-founder Ben Silbermann, Medium’s Ev Williams and a number of prominent executives from the tech industry, startups, media, and investors. The conference was attended by close to 69,000 participants, from 159 countries and addressed by 1,200 speakers. Among them were 1,800 start-ups, 1,500 tech investors and representatives from 2,600 media outlets, all on a single platform.  The scale…

Read More

Mining Giant Bitmain Sues Unknown Hacker for Alleged Theft of $5.5 Million in Crypto

China-based Bitcoin (BTC) mining giant Bitmain has sued an anonymous hacker for the alleged theft of cryptocurrency worth $5.5 million from Bitmain’s account on Binance in April, according to a lawsuit filed with the U.S. District Court for the Western District of Washington at Seattle on Nov. 7. As stated in the court document, an unknown hacker, referred to as “John Doe” in the case, managed to take over Bitmain’s Binance account and used stored Bitcoin to manipulate the price of altcoin Decentraland (MANA) and then steal the profits. Bitmain…

Read More