computer-researcher-finds-wallet-vulnerability-that-gave-same-key-to-multiple-users Cryptocurrency News 

Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users

Online cryptocurrency paper wallet creator previously ran on code that caused private key/public key pairs to be issued to multiple users. The vulnerability was described in an official blog post by security research Harry Denley of MyCrypto on May 24. According to the post, the bad code was in effect by August 2018, and was only recently patched out as of May 23. The live code on the website is reportedly supposed to be open source and audited on GitHub, but there were differences detected between the two. After…

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european-bank-official-discusses-potential-benefits-of-central-bank-digital-currency Cryptocurrency News 

European Bank Official Discusses Potential Benefits of Central Bank Digital Currency

A European Central Bank (ECB) official highlighted the benefits of central bank digital currencies (CBDC) while stressing caution in a speech published by the Bank of International Settlements on May 27. Vitas Vasiliauskas — Chairman of the Board of the Bank of Lithuania and a member of the Governing Council of the ECB — delivered his speech at the Reinventing Bretton Woods Committee conference “Managing the Soft Landing of the Global Economy.” Vasiliauskas specifically considered whether CBDCs should be wholesale, retail, or both. Vasiliauskas stressed that CBDCs should serve as…

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bitcoin,-ethereum,-ripple,-bitcoin-cash,-litecoin,-eos,-binance-coin,-stellar,-cardano,-tron:-price-analysis-may-27 Cryptocurrency News 

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 27

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 is back at doing what it does best, break out and rally on weekends. It again made a decisive move during the weekend and is pulling the crypto markets higher. The total market capitalization of cryptocurrencies has topped $278 billion and is on…

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bitcoin-hits-all-time-high-versus-argentine-peso-amid-presidential-election-risks Cryptocurrency News 

Bitcoin Hits All-Time High Versus Argentine Peso Amid Presidential Election Risks

The biggest cryptocurrency, bitcoin (BTC), has hit an all-time high versus the Argentine peso amid the ongoing decline of the currency, Financial Times (FT) reports on May 27. According to the report, the bitcoin price has soared to as high as 394,000 pesos ($8,762.95 at press time) per coin, exceeding prices versus the Argentine peso not seen since the bubble in late 2017. Bitcoin price against Argentine peso since 2017. Source: BitcoinAverage The new all-time high of bitcoin versus the peso takes place amid a crypto bull market this year,…

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africa:-central-bank-of-malawi-says-crypto-is-not-legal-tender,-warns-of-trading-risks Cryptocurrency News 

Africa: Central Bank of Malawi Says Crypto Is Not Legal Tender, Warns of Trading Risks

The central bank of Malawi announced that crypto is not legal in the country and that the institution is against crypto-related activities, local news agency Nyasa Times reports on May 27. The Reserve Bank of Malawi (RBM) has stated that cryptocurrencies are not legal tender in Malawi and do not represent a substitute to the Malawi kwacha (MWK), the local fiat currency of the southeast African country. The bank has warned its citizens that the government is not planning to recognize investments in cryptocurrencies such as bitcoin (BTC), according to…

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big-four-auditor-ey-provides-blockchain-solution-for-new-wine-traceability-platform Cryptocurrency News 

Big Four Auditor EY Provides Blockchain Solution for New Wine Traceability Platform

Big Four audit firm Ernst & Young (EY) is providing its proprietary blockchain solution for a major new platform that helps consumers across Asia determine the quality, provenance and authenticity of imported European wines. The news was revealed in an official EY press release on May 23. The e-commerce platform, dubbed Tattoo, has been developed for Blockchain Wine Pte. Ltd. using EY’s OpsChain blockchain solution, which launched in fall 2018. As reported, the solution is EY’s flagship blockchain product, enabling secure and private transactions to take place on the Ethereum…

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china’s-latest-crypto-rankings:-eos-retains-top-spot,-bitcoin-in-12th-place Cryptocurrency News 

China’s Latest Crypto Rankings: EOS Retains Top Spot, Bitcoin in 12th Place

China updated its cryptocurrency rankings on May 23 — with eos retaining the top spot and bitcoin moving up three places. The government-sponsored index assessed each blockchain on three criteria: technology, application and innovation. Joining EOS in the top five was tron, ether, steem and ontology. Despite its dominance in the crypto industry overall, Bitcoin was in 12th place. While it scored well for creativity, it placed behind EOS in the score for basic technology. The rankings were released by the Center for Information and Industry Development in collaboration with…

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consensys-launches-eth-blockchain,-dapp-developer-job-kit-to-help-hopefuls-enter-market Cryptocurrency News 

Consensys Launches ETH Blockchain, DApp Developer Job Kit to Help Hopefuls Enter Market

On May 24, New York-based blockchain firm ConsenSys released a new Blockchain and DApp Developer Job Kit to help aspiring Ethereum blockchain developers enter the market. Citing Linkedin’s 2018 U.S Emerging Jobs Report, Consensys notes that blockchain developer rotes have topped the professional network’s list for highest-growth positions in 2018, ostensibly increasing 33-fold in prevalence as compared with the previous year. The new resources released with the kit thus aim to help developers meet the growing demand for practical blockchain development knowledge and successfully enter the burgeoning market. Alongside resources…

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korea’s-oldest-bank-launches-national-blockchain-based-loan-platform Cryptocurrency News 

Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform

Korea’s oldest bank, Shinhan Bank, has launched a blockchain-enabled lending platform to speed up the loan process, South Korean news agency Yonhap reports on May 27. Shinhan Bank’s blockchain-powered loan system intends to boost cost and time efficiencies in the lending process, reportedly enabling the public to apply for loans online and get their credits without face-to-face interaction. According to the report, the new system is the first initiative of its kind introduced in South Korea. Specifically, Shinhan Bank’s new lending system applies blockchain technology in the verification and confirmation…

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crypto-pioneer-david-chaum:-pseudonymous-messaging-with-integrated-payments-is-blockchain’s-killer-app Cryptocurrency News 

Crypto Pioneer David Chaum: Pseudonymous Messaging With Integrated Payments Is Blockchain’s Killer App

E-cash inventor David Chaum says he believes the real killer app for blockchain and cryptocurrencies will be privacy-oriented messaging systems integrated with payments. Chaum made his remarks in an interview on the Bloomberg Odd Lots podcast on May 27. Chaum — a trailblazing American cryptographer who invented a secure, privacy-preserving digital currency back in 1982 — told Bloomberg that he believes that increased awareness around privacy and digital sovereignty in the contemporary era has paved the way for blockchain and cryptocurrencies to make a breakthrough as a mass society and…

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