15 Oct

 Einsteinium (EMC2) 51% Attack Offers Diversion to Community

Einsteinium (EMC2) 51% Attack Offers Diversion To Community

A hacker was supposed to buy enough hashing power for just $10 to take over the network of Einsteinium (EMC2) in a 51% attack. An advance announcement gave the date of the event as October 13. The community bought all spare capacity, making a mockery of the hacking attempt.

15 Oct

Gold Prices Surge 1% to Hit 3-Month Highs

Gold Prices Surge 1% To Hit 3-Month Highs

Gold prices surged around 1% on Monday, to reach the highest level in three months as a combination of concerns over rising U.S. yields and the impact of trade conflict, along with geopolitical risks and a weaker dollar underpinned demand for the precious metal.

15 Oct

Tether Tanks as Traders ‘Lose Trust,’ Other Cryptos See Price Boost

Tether Tanks As Traders ‘Lose Trust,’ Other Cryptos See Price Boost

Monday, Oct. 15: Crypto markets are seeing solid growth, with virtually all of the major cryptocurrencies seeing green as of press time. An outlier in the space is “stablecoin” Tether (USDT), which has today lost its U.S. dollar peg and is trading well below its historical trading range as of press time.

15 Oct

 Cardano (ADA) Hit by Governance Woes as IOHK, Emurgo Chairs Split with Cardano Foundation

Cardano (ADA) Hit By Governance Woes As IOHK, Emurgo Chairs Split With Cardano Foundation

Cardano (ADA), the ninth largest cryptocurrency ecosystem by market capitalization, has experienced a major leadership shakeup, with the chairs of IOHK and Emurgo taking their leave. Along with the Cardano Foundation, IOHK and Emurgo are the governing bodies of the project. Their respective leaders, Charles Hoskinson and Ken Kodama, published an open letter on Friday, informing the community they were parting ways with the Cardano Foundation due to its “lack of performance.”

15 Oct

 Sony Turns to Blockchain for Copyright Management

Sony Turns To Blockchain For Copyright Management

Japanese conglomerate Sony has developed blockchain-based software for controlling and dealing with intellectual property rights in a bid to resolve authentication problems in this field. The new system currently focuses on written works, but its broader applications target all related sectors, including films, music, and e-books, the company said on Monday.

15 Oct

Saudi Arabia Breaks 45-Year Taboo With Veiled Threat to Use Oil as a Weapon

Saudi Arabia Breaks 45-Year Taboo With Veiled Threat To Use Oil As A Weapon

(Bloomberg) -- For 45 years, it’s been considered out of bounds for Saudi Arabia. But all of a sudden, Riyadh made what many read as a veiled threat to use the kingdom’s oil wealth as a political weapon -- something unheard of since the 1973 Arab embargo that triggered the first oil crisis.