1. CCN Shuts Down After Major Google Search Update
Cryptocurrency news site CCN.com is shutting down after experiencing a 71% fall in mobile traffic due to a recent update to Google’s search rankings. Founder Jonas Borchgrevink posted the news on his site saying:
The site began its life as a cryptocurrency-focused news source and, as evidenced by internal charts posted by Borchgrevink, enjoyed high traffic and solid organic search activity. This all came crashing down after what Google called its June 2019 Core Update, an update that Google claimed was “designed to improve our results.”
[Source: Coindesk] ✩✩✩✩✩
2. Retail Giant Target Unmasks Its Blockchain Framework Aimed At Supply Chain
While many major US companies have publicized their entry into the blockchain space, Minnesota-based retailer Target has been quietly working on a blockchain-powered solution for supply chain management, dubbed ConsenSource.
ConsenSource has been in the pipelines since mid-2018, but now Target is stepping up its involvement in the blockchain space with a pledge to support the Hyperledger Grid project. The Hyperledger Grid project is a Linux Foundation ledger-based solutions for all types of cross-industry supply chain scenarios.
[Source: Forbes] ✩✩✩✩
3. Coinbase will now pay you Dai to learn about the stablecoin
Coinbase, one of the world’s leading cryptocurrency exchanges, announced today that it has added the Ethereum-backed stablecoin Dai to its Earn program.
Coinbase users will now be able to earn Dai by “watching lessons and completing quizzes about Dai and its features,” according to a statement from the company. The announcement comes just weeks after opening up Dai trading to its retail customers across its web-based and mobile platforms.
[Source: DecryptMedia] ✩✩✩✩
4. Microsoft adds some no-code AI and blockchain tools to its Power Platform
Microsoft announced several improvements to its Power Platform yesterday, including a new tool that will make it easier to add premade artificial-intelligence code packages to their PowerApps applications and a way to let outsiders get access to those custom apps.
[Source: GeekWire] ✩✩✩✩
5. Crypto Miners’ Electricity Shouldn’t Be Subsidized: Iranian Energy Minister
Cryptocurrency miners in Iran could face higher electricity bills if Iran’s Energy Minister gets his way.
On Sunday The Financial Tribune quoted minister Homayoun Haeri as saying that energy used by cryptocurrency miners in Iran should be charged in real prices and not be subsidized by the government.
[Source: Coindesk] ✩✩✩
6. Ripple Expands Reach in South America with New Brazil Office
Ripple is opening a new office in Brazil to support their growing customer base across South America markets, a, according to a report by Cointelegraph Brazil.
The new office brings the San Francisco-based fintech closer to their regional customer base, enabling banks, payment providers and corporates to make instant payments into-and-out of the country using blockchain.
[Source: FinanceMagnates] ✩✩✩
7. Trend Micro: Cybercriminals Use Obfuscation Trick to Install Crypto Mining Malware
Cybersecurity firm Trend Micro has confirmed that attackers have been exploiting a vulnerability in the Oracle WebLogic server to install monero (XMR) mining malware, while using certificate files as an obfuscation trick. The news was revealed in a Trend Micro blog post published on June 10.
[Source: Cointelegraph] ✩✩✩
8. ethereum Starks Scalability Solution with 550 Tx/s Launches on Testnet
A solution that can considerably increase ethereum’s capacity through the utilization of starks has been launched on testnet by 0x, the decentralized exchanges (dex) protocol. Matt Taylor of 0x says:
“StarkDEX is decentralized exchange infrastructure that utilizes STARKs to remove the glass ceiling on non-custodial trading and allows crypto exchanges to offer their customers trading at scale, without counter-party risk.
[Source: Trustnodes] ✩✩✩
9. Russian Parliament are mulling fines on cryptocurrency mining by end of June
Russian lawmakers are looking to impose a fine for any mining of cryptocurrencies by the end of June. It was noted that that mining, organizing issuance, circulation, creating exchange points for these tools will be prohibited.
[Source: FXStreet] ✩✩✩
10. Zilliqa Unveils Bug Resistant Smart Contracts
Sharding project Zilliqa (ZIL) yesterday announced the release of its new smart contract functionality. Developers will be able to write distributed applications in a secure, bug-resistant programming language, known as Scilla.
According to Zilliqa President Amrit Kumar, today’s milestone is proof of Zilliqa’s ability to meet deadlines as well as a sign of an expanding, more sophisticated blockchain offering.
[Source: Cryptobriefing] ✩✩✩
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