One Block Team

Editorial
Nem – Blockchain Distributed Ledger Technology XEM Currency?

What is NEM? NEM, or New Economy Movement, is a community-oriented cryptocurrency that goes by the symbol XEM. NEM originally launched as a fork of Nxt, but its creators eventually coded an entirely new platform from the ground up. The alpha version of NEM launched on June 25, 2014, while... Read More

One Block Team

News
Portion of stolen NEM cryptocurrency traded on ‘dark web’

A portion of some 58 billion yen worth of the cryptocurrency NEM stolen in January has been traded on so-called “dark” websites, where people can remain anonymous, and part of it has been sent to an overseas cryptocurrency exchange, sources familiar with the case said. The culprits may have been... Read More

One Block Team

Editorial
NEM ($XEM) Review – An Upgraded Blockchain for Enterprise

Conceptualized in January 2014 and launched in March 2015, NEM is a decentralized blockchain-based peer-to-peer network on which third parties can build their own applications, including cryptocurrencies and crowdfunding tokens. NEM offers both public and private (Mijin) blockchains. NEM isn’t another Bitcoin clone; its code base was written from the ground... Read More

One Block Team

News
Agtech startup BlockGrain gunning to receive $1 million from NEM blockchain fund

With the whirlwind of hype and interest around 2017’s favourite business buzzword, taking a level-headed and considered approach to “blockchain technology” may seem unusual. But that’s exactly what agriculture supply chain tracking startup BlockGrain (play on words intended) did, with founder Caile Ditterich telling StartupSmart when he started the agtech... Read More

One Block Team

News
NEM (XEM) Could See Its Coin Soar On The Latest Developments

While most cryptocurrencies are a fork of the Bitcoin block, NEM (XEM) stands out for taking an entirely new Blockchain built from scratch. Firstly, it is one of the few platforms to offer an energy efficient protocol that does not require massive amounts of energy and power such as Bitcoin... Read More

One Block Team

News
Coincheck users are suing to get their money off the hacked cryptocurrency exchange

The fallout from the year’s biggest cryptocurrency hack to date continues. On Monday, Reuters reported that 10 traders who used the Tokyo-based exchange Coincheck are preparing to file a lawsuit with Tokyo’s District Court on Thursday. The plaintiffs will be represented by Hiromu Mochizuki, who has been tweeting some updates... Read More

One Block Team

News
Police question Japanese man over Coincheck cryptocurrency theft

A Japanese man has been questioned in connection with last month’s massive theft of digital tokens from cryptocurrency exchange Coincheck Inc., a source close to the investigation said. The police learned that the man converted a small amount of the missing NEM coins into another form of cryptocurrency called litecoin... Read More

One Block Team

News
The Coincheck Hack and the Issue with Crypto Assets on Centralized Exchanges

Hackers have stolen roughly 58 billion yen ($532.6 million)from Tokyo-based cryptocurrency exchange Coincheck Inc, raising questions about security and regulatory protection in the emerging market of digital assets. The following are some questions and answers about one of the largest heists of cryptocurrencies in the history: WHAT IS NEM? NEM... Read More