Jacob Godshall

Jacob Godshall is a former professional poker player turned cryptocurrency enthusiast. He is a contributing writer at Unhashed, and aims towards furthering the spread of ideas and important information surrounding all things crypto. In his spare time, Jacob enjoys reading and making electronic music

Hacker

Expert Claims Cryptocurrency-Related Crime Will Surpass All Other Cyberattacks in 2018

By Jacob Godshall / June 23, 2018 / 0 Comments

This week marks the annual Cyber Week Cybersecurity Conference at Tel Aviv University—an event made up of 8,000 attendees and 50 speakers, including Israeli Prime Minister Benjamin Netanyahu. The Times of Israel reports that while most of the blockchain and cryptocurrency discussion circling the event has been optimistic and positive, during one panel discussion, a…

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Hundreds of Complaints Filed Against Coinbase: Company Accused of Being Overwhelmed by Continued Growth

By Jacob Godshall / June 22, 2018 / 0 Comments

Coinbase may have bitten off more than it can chew. Today, June 22nd, 134 pages of complaints filed to the SEC and the California Department of Business Oversight against Coinbase have been acquired and published by Mashable. The complaints paint a damning picture of Coinbase, suggesting the San Francisco-based exchange is overwhelmed and under-prepared to…

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South Korean Government Investing $207 Million Into Blockchain Technology

By Jacob Godshall / June 21, 2018 / 0 Comments

South Korea’s Ministry of Science and ICT has announced a new Blockchain Technology Development Strategy, The News Asia reports. The strategy will include a 230 billion Won (~207 million USD) investment by the Korean government into developing blockchain technology. A press release by The Ministry of Science and ICT states that the aim of this new initiative…

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Turkey’s So-Called ‘National Cryptocurrency’ Revealed to Be Ponzi Scheme

By Jacob Godshall / June 19, 2018 / 0 Comments

According to reports from Hürriyet Daily News, Turcoin, promoted by its creators as Turkey’s ‘national cryptocurrency’ has been revealed to be a ponzi scheme. Reports state that the two founders of Turkcoin, Muhammed Satiroglu and Sadun Kaya, disappeared with millions of dollars of Turkcoin holder’s funds, but were caught and detained today by Turkish authorities. Its…

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Metropolitan Bank Eager for Crypto Clients

By Jacob Godshall / June 19, 2018 / 0 Comments

In an interview released today, Metropolitan Bank’s Chief Technology Officer, Nick Rosenberg, described the New York bank’s interest in acquiring more business for cryptocurrency investors and start-ups. “We’re certainly very interested in growing this vertical. We’ve learned that it’s a serious industry. There are some very smart people involved. There are some very interesting ideas coming…

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Korea Cryptocurrency

Central Bank of Korea: “Digital Currencies Don’t Perform as Money”

By Jacob Godshall / June 18, 2018 / 0 Comments

In a report released today by the Korean Times, The Bank of Korea (BOK), the country’s central bank, issued a statement saying that they oppose the idea of issuing a central bank digital currency (CBDC). According to the report, the BOK is worried over concerns that a sudden launch of a CBDC could cause serious…

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Korean Firmware Company Keypair Makes Credit Card Shaped NFC Wallet

By Jacob Godshall / June 15, 2018 / 0 Comments

Any cryptocurrency holder worth his salt will tell you the most important thing for anyone owning cryptocurrency is to keep their coins securely stored on a hardware wallet. For those who are looking for security, portability, and are aesthetically inclined, Korean firmware company Keywallet has just released its latest product, the KeyWallet Touch– a sleek…

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Blockchain

Blockchain Can Reduce Bank Trade Finance Operating Costs by 80 Percent

By Jacob Godshall / June 14, 2018 / 0 Comments

Its no secret that banks have had a ‘complicated’ relationship with cryptocurrencies to say the least, but a recent study from global management consultant firm Bain & Company reports that banks could reduce their trade finance operations costs by up to 80 percent by utilizing Distributed Ledger Technologies like blockchain popularized by cryptocurrency. “if adopted…

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Eos

EOS Platform Has Officially Launched

By Jacob Godshall / June 14, 2018 / 0 Comments

This morning, the highly anticipated open source blockchain platform EOS officially launched, and is now open to users. This is perhaps the most notable platform launch in the last 3 years, as EOS is expected to pose a legitimate threat to current smart contract leader, Ethereum, in market share. Not only is EOS capable of…

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Monero Malware

More Reports of Malware Mining- 5 Percent of Monero Mined Through Malware

By Jacob Godshall / June 13, 2018 / 0 Comments

In a recent report published by Palo Alto Networks, it was revealed that at least 5 percent of Monero in circulation have been mined on user computers unknowingly infected with malware mining software. The practice referred to as ‘cryptojacking’  has now been linked to the mining of $175 million worth of Monero Currency. Below is…

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