Cutting-edge blockchain ATM prototypes are being rolled out in Saudi Arabia with a unique take on granting users access to funds. The ATMs use biometric scanners to scan the face of each account holder as part of a five-factor authentication process secured by a blockchain app being used by the largest ATM provider in the Middle East. Continue reading These ‘Biometric Blockchain ATMs’ Scan Your Face to Fight Dark Web Card Fraud
Yesterday, much like any other day, I received dozens of press releases from blockchain companies and crypto public relations firms, the bulk of which were anything but newsworthy. However, given my personal interest in hunting and shooting sports, one immediately piqued my interest: GunBroker will start accepting cryptocurrency payments. Continue reading Sorry GunBroker, FreedomCoin isn’t the Token Your Gun-Toting Bitcoin Users are Looking For
Crypto attorney Jake Chervinsky doesn’t believe that a bill to exempt cryptocurrencies and ICOs from US securities law will be approved anytime soon. He cited the bureaucratic inefficiency of Washington as a key reason for his pessimistic outlook. Continue reading Bill to Exempt Crypto From Securities Laws Will Be Delayed, Says Attorney: ‘Don’t Hold Your Breath’
More than two dozen Proof-of-Stake (PoS) cryptocurrency networks are vulnerable to what has been dubbed a “fake stake” attack. The vulnerability allows a node with a very small stake to overwhelm competing nodes with false data and essentially crash them. Once competing nodes are gone, the attacking node can have a majority of stake on the crypto network, enabling it to conduct a 51% attack as the only validating node. Continue reading 25 Crypto Networks Vulnerable to ‘Fake Stake’ Attack, are Your Funds at Risk?
Tokenized precious metals create the potential for fractional ownership of gold and greater transparency. Indeed, the world’s largest bank, JPMorgan, is prepared to use its proprietary blockchain to tokenize gold, and the Royal Mint has pursued technologies to achieve the same. Continue reading Your Guide to Precious Metals on the Blockchain