Crypto Project Takes on ‘Nonethical Hackers’ With Tech to Stop 51% Attacks

A crypto platform says “pioneering technology” known as command chain protocol (C2P) is going to be instrumental in ensuring the industry is protected with strong security in the future. ILCoin says C2P was designed to prevent 51% attacks — one of the biggest risks that cryptocurrencies face today. This is when malicious actors acquire the…

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ConsenSys Is Seeking $200 Million in New Funding: Report

ConsenSys is seeking a funding boost. Ethereum co-founder Joe Lubin’s Brooklyn-based venture studio is looking to raise $200 million from external investors, The Information reported Monday, at a valuation of $1 billion. The Information reports that ConsenSys is pitching Chinese investors with materials claiming the company aims to earn $50 million in revenue this year,…

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Ethereum Core Developers Debate Benefits of More Frequent Hard Forks

How often is too often to alter consensus? A group of ethereum’s veteran open-source developers discussed the subject in a bi-weekly meeting Friday, wherein they aired the possibility that system-wide upgrades, also called hard forks, to the software could be enacted as often as every three months. Wanting to “check the temperature,” the developer asking the question…

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Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Service

The governors of two central banks endorsed the Ethereum (ETH)-based remittance system developed by blockchain company Everex, the firm reported in a press release shared with Cointelegraph today, April 5. The service is set up to send payments between Thailand and Myanmar. The system was reportedly presented by the startup, along with its partners, state-owned…

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Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 3

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin showed a glimpse of its former self when…

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Australia: Clients Take Crypto Fund Manager to Court, Cite $14.2 Million in Losses

The founder of what reportedly claims to be Australia’s first online mattress retailer OzMattress and cryptocurrency fund manager Stefanos Papanastasiou is about to be brought to court by his clients over the loss of over AUD$20 million ($14.2 million). Daily Australian newspaper The Age reported about the controversy on March 19. Per the report, Papanastasiou…

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