The Graph Network launched its mainnet on Dec. 17, allowing developers to easily search, index, use and publish data from public blockchains. This is made possible through a global and open network of Application Programming Interfaces, or APIs, called subgraphs. These form the basis of many of today’s most popular decentralized applications. The transparency of public blockchains is often lauded, but even though they contain a wealth of useful data, querying them for data is not particularly easy. The Graph’s business development lead Tegan Kline describes it as, “kind of like the web without Google.” One may think why this …

A blockchain platform says big data has a big problem — and has launched cutting-edge nodes that aim to solve the issues associated with existing storage solutions. SINOVATE, a decentralized cloud data storage provider that is underpinned by blockchain technology, has created Deterministic Infinity Nodes (known as DIN) to deliver levels of security and scalability superior to what’s offered by rivals. According to the platform, major cloud computing networks are currently confronted by millions of unauthorized login attempts, some of which are successful. Data breaches have also resulted in sensitive data being compromised — undermining consumer confidence and damaging businesses, …

As technology advances, personal data becomes an increasingly relevant topic. Many in the crypto industry hold sovereign finance and data privacy in high regard. Participants' best efforts may be undermined by centralized businesses and regulating bodies, however, according to Cindy Cohn. Cohn is the executive director at the Electronic Frontier Foundation, or EFF, a nonprofit entity focused on digital rights. Cohn joined a Web Summit panel on Thursday labeled “Internet: Who owns our data?” Pointing toward the title, she explained: “I actually think that’s the wrong question, I think the question is who controls your data.” She continued: “You already …

Oasis Labs has announced the successful launch of its Oasis Network mainnet, with more than 70 independent validators already live. Oasis is a privacy-focused layer-one network designed to support decentralized applications that claims a throughput of 1000 transactions per second. In June 2018, Oasis raised $45 million from crypto-venture heavyweights including A16z, Binance Labs, Pantera and Polychain. Oasis allows data to be encrypted, and for privacy policies surrounding its use to be enforced through smart contracts Oasis Labs says its “confidential compute” functionality enables encrypted data to be processed by the network’s nodes to ensure the privacy of a wide …

Across numerous industries throughout the decades, there has always been a pervasive fear that robots are going to take our jobs. While there has been plenty of evidence that automation ultimately moves human workers off production lines, automation often needs human interaction in order to operate within acceptable margins. When we think of these robots taking our jobs and get angry, we’re holding on to an antiquated task view of the world that, with or without us, is going to change. When we think about robots taking our jobs, we layer on a vision of humanoid androids literally doing the …

The number of Bitcoin (BTC) whales reached a new all-time high amid last week's price ascension. On October 20, there were 2,178 Bitcoin addresses that held at least 1,000 BTC. By October 25, this number increased to 2,231. At current prices, 1,000 BTC translates to approximately $13 million. Based on this data, we can surmise that the whales control at least 2.23 million Bitcoin — a significant figure equivalent to 12% of the current supply. According to data from BitcoinCharts, these whale addresses actually control a much higher 7,902,469 BTC, or 42% of the total supply. Although we know the …

In the days preceding Bitcoin’s latest rise in price, stablecoins went wild, exhibiting some largely unprecedented behavior. On October 18, stablecoins moving to exchanges reached record highs of 60,000 and 56,000 respectively, according to data from CryptoQuant. The outlet's data tracked USDT on Ethereum, PAX, USDC, TUSD, DAI, SAI, BUSD, HUSD and USDK. When it comes to the total inflow of all stablecoins in terms of the dollar value, no extraordinary trends were detected. CryptoQuant CEO Ki Young Ju told Cointelegraph that, although the inflows were not huge in terms of dollar value, they signified a bullish trend among retail …

On October 20, 2020, the amount of Bitcoin (BTC) held at major exchanges fell below 2.5 million BTC for the first time in two years. Nexo co-founder Antoni Trenchev opined to Cointelegraph that this trend is driven by the world finally realizing that only Bitcoin offers sound monetary policy: “[People are] slowly are realizing what some of us have known for a while — BTC is the only sound monetary policy right now and you cannot afford to depart from the best performing asset of the decade.” He also noted that the community is resorting more to self-custody solutions, including …

As Bitcoin's price broke through resistance at $12,000, its on-chain transfer volume exceeded 4 million and set a 14-month record high. Unlike exchange volume, on-chain metrics cannot be easily faked or manipulated. To put this in perspective, the total current supply of Bitcoin (BTC) is 18.5 million. This means that in 24 hours, users transacted 22% of Bitcoin's total current supply. If we examine the 30-day average for this metric, we discover that Sept. 30 marked a three-year high, and the overall trend appears even more prominent. At the same time, the number of addresses with non-zero balances and those …

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, …

The COVID-19 outbreak, just like any other black swan event before it, revealed systemic weaknesses in a wide variety of industries and processes. With the information age now in full swing, this particular event emphasized the critical importance of data management, and it highlighted the failure of status quo data management systems. In terms of the global response to the pandemic, the consequences of poor data management range from exacerbated shortages to unnecessarily long medicine development times, and the end result is more lives lost. On the other hand, opportunities abound for those who embrace the next generation of data …

According to CryptoQuant CEO Ki Young-Ju, over-the-counter (OTC) Bitcoin (BTC) deals might be occurring in a way that is similar to the pattern seen in February 2019. According to the on-chain analyst, this is historically a bullish sign but Ki Young-Ju cautious that the pattern is not ‘absolute’ and should not be relied on in isolation. Bitcoin transferred on the blockchain network hits a yearly high. Source: CryptoQuant Ki also noted that the number of Bitcoin transfers achieved a new yearly high and that these transactions didn’t come from exchanges. Based on two on-chain metrics, he explained it could be …