Blockchain is still far from maturity, says China’s former IT minister

He doesn't seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now. Wu Zhongze, China's former vice-minister for Science and Technology and a well-known digital economics expert, believes that blockchain technology is still quite young. During an interview with The Paper, the former IT minister also stated that there was still “not much difference between where China and leading economies such as the United States and Europe” stand in terms of developing blockchain-based ecosystems. Wu noted, however, that China has improved across a number of sectors that are necessary for blockchain development, including hardware manufacturing, platform and security services, industry investment, and financial development, adding: "With the innovative development of blockchain technology and industry, its application is accelerating, and the scale of the industry continues to increase.

Ledger’s recent security audit was unconnected to their data breach in June

It seems the review was already in process before the attack ever occured. Popular hardware wallet company Ledger recently announced that they had passed a notable security evaluation, known as SOC 2 Type 1.

This New Service Plays Matchmaker Between Solo Miners, Big Mining Farms

Compass by HASHR8 matches individual miners with mining farms to host their hardware.

The Best Bitcoin Wallets: Hardware, Software and Mobile

To become a Bitcoin holder, the first thing you’ll need is somewhere to hold it.

Hong Kong Crypto Exchange Launches Hardware Wallet With Fingerprint Recognition

The Hong Kong-based crypto exchange Gate.io has launched a new type of hardware wallet that features fingerprint recognition.

Gate.io Unveils Hardware Crypto Wallet With Fingerprint Authorization

The crypto exchange says the device is launching for the China market initially, but will expand to other countries in the next few months.

Ledger wants to help MicroStrategy secure its $400m Bitcoin treasury

Square's SubZero cold wallet is great, but Ledger Vault is better says the company's VP of Product. Ledger is mostly known for its consumer-facing hardware wallets, but since last year, a number of enterprises have also begun to use Ledger Vault, according to the company’s vice president of product, Jean-Michel Pailhon. This product is focused on providing custody solutions to enterprise clients.  In fact, the Ledger team is currently trying to sell MicroStrategy on the advantages of its product.

The first-ever mining hardware marketplace just launched

This company presents an alternative to "sketchy" Telegram channels for second-hand mining equipment. Asic Jungle has launched a beta version of what it calls “the first-ever mining hardware marketplace” for cryptocurrency mining hardware.

Ledger wallet company passes official security audit

The process was meant to ensure that customer information is handled properly by the company. Ledger, a crypto company providing a number of hardware wallet solutions, has obtained a successful System and Organization Controls, or SOC, Type 1 test.   Friedman LLP, a New York-based accounting firm, ran the SOC 2 Type 1 test on Ledger, according to a statement provided to Cointelegraph: "By obtaining the SOC 2 Type 1 report, we are now able to provide an additional layer of verified security to our clients, assuring that the Vault solution is secured at all times and that we have the processes in place to ensure availability." A crypto storage solution for larger players and companies, Ledger Vault operates as a custody wing under the broader Ledger company.

Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand

Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic.

The top crypto-mining graphics cards to get a big bang for your buck

Cryptocurrency miners are back in business, but which graphics card should you choose to not be left with an empty wallet? Now that we are at the tail end of 2020, the big hardware manufacturers are starting to announce their latest, fastest offerings set to be released ahead of the holiday season.

Atari's VCS reboot promises standard blockchain gaming features

The hybrid console/PC will come with the Ultra blockchain-enabled gaming platform integrated into the system. Atari is the latest big name in gaming to get into the blockchain space with new functionalities on its forthcoming console. The Atari VCS was first released in 1977 to bring classics like Space Invaders and Pac Man into the home. While it can’t compete with the major consoles of the gaming world, Atari’s rebooted VCS console/PC hybrid will have the Ultra blockchain-enabled gaming platform installed as standard. This means that when the user tires of playing the included retro games from the original VCS, they can use the Ultra app to download PC games to play through the service. Gamers will also be able to take advantage of the platform's blockchain-enabled features, including in-game NFT trading, esports tournaments, and the recently announced game streaming feature, all whilst earning tokenized rewards. Hardware will also be available to purchase through the Ultra platform, using UOS or Atari tokens. The VCS has experienced several delays due to hardware redesigns and the coronavirus pandemic. While stopping short of announcing the actual launch date, Atari told Cointelegraph that the initial batch of consoles and accessories are currently in transit to the fulfilment warehouse in the United States. The company expects to have everything under one roof and ready for sorting and shipping by the end of October. Atari has been making waves in the blockchain and crypto world since first investing in the space back in 2018.

Best Crypto Wallet: Overview of the 9 Best Hardware Wallets (2020)

Hardware wallets are safest way to store your Bitcoin, Ethereum and other cryptocurrencies securely.

Bitcoin Mining Legalized in Venezuela, Miners Must Join ‘National Pool’

The government of Venezuela said that it has legalized bitcoin (BTC) and altcoin mining – but added that miners will have to obtain licenses and agree to be supervised by regulators. According to media outlet Criptonoticias, the government has issued an official decree stating that all crypto mining rig manufacturers, crypto “farm” constructors and mining hardware

IoT Startup Helium Floats New Hardware Device for Mining Its HNT Crypto Tokens

Helium is hoping a new manufacturing deal with RAK Wireless will help the crypto-powered IoT network expand its reach.

NVIDIA Lawyers Dismiss Investors’ Crypto Mining Doc Requests: Report

Investors accuse NVIDIA of bungling the chipmaker's response to 2017's mining hardware boom.

Ledger Updates App To Combat Bitcoin Dusting Attacks

Hardware wallet maker Ledger has released a new version of its Ledger Live app which integrates the Coin Control feature for bitcoin (BTC) and its derivatives in a bid to enhance user safety, reduce the paid fees, and potentially prevent privacy threats known as dusting attacks.

GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion

California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp.

New Hardware Wallet Feature Fends Off Bitcoin Dusting Attacks

Hardware wallet company Ledger introduced a new software feature, Coin Control, which guards the privacy of users transacting in Bitcoin.

This crypto mining operator was named Bitmain’s sole North American cooperative repair center

North America now has its own Bitmain repair center. Crypto mining operator Core Scientific is set to become the first North American cooperative repair center for major crypto mining hardware manufacturer, Bitmain. According to an announcement shared with Cointelegraph, the company will offer repair services for Bitmain’s machines.

HOPR Launches Token Incentive Program for Running Its Mixnet Testnet

HOPR sells its own hardware node version (at $440) but HOPR nodes can also be run on devices that run Windows, macOS and Linux.

Algorand staking now compatible with Ledger wallet's desktop software

Self-custody staking arrives for Ledger's hardware wallets. Popular hardware wallet company Ledger added Algorand's ALGO token to the list of wallet-compatible assets available on its desktop app, Ledger Live, allowing holders to store and stake the asset. “The integration with Ledger Live will provide users with additional opportunities to earn passive income, ensuring the highest level of control and flexibility," Ledger's CEO, Pascal Gauthier, explained Tuesday in a statement provided to Cointelegraph.

Bitcoin hardware devices need to improve to handle complex transactions

Time for hardware wallet devices to make a difference. Jameson Lopp, co-founder and CTO of Casa, a crypto custody firm has released a test result report on Bitcoin multi-signature hardware signing performance on the Casa blog on Sep.