A new report alleges that just two groups of hackers dominate the majority of cybercrime directed against cryptocurrency exchanges. Together, these groups have responsible for stealing about $1 billion of cryptocurrency so far. Also Read: Arwen Enables Self-Custody for Traders of Centralized Exchanges The Most Lucrative of All CryptoContinue Reading
Twitter, a social networking site launched in 2006, is undoubtedly one of the most popular social media platforms available today, with 100 million daily active users and 500 million tweets sent daily. Twitter can be used to receive news, follow high-profile celebrities, or stay in-touch with old high school friends.Continue Reading
Gold and bitcoin markets have have attracted comparisons for some time now, with gold investors taking an interest in the cryptocurrency during the 2017 bull market. But some of these investors are now reintroducing gold to their portfolio, according to Jan Van Eck of Van Eck Associates. Also read: 8Continue Reading
Our current economic system can be compared to a merry-go-round that has us consuming, trapped in debt and spending as quickly as we earn. What is fiat currency? Why do we use it and who controls it? And how does it compare to gold and bitcoin? It is worth goingContinue Reading
During the first month of 2019, studies have revealed the growing trend of unknown miners processing blocks on the Bitcoin Core (BTC) network. A few years ago, most mining pools began revealing their identity via the coinbase parameter when they found a block. Over the last two years, however,Continue Reading
How advocating social consciousness freaks people out!! Two weeks ago, people were tweeting pictures of razors submerged at the bottom of their toilet bowls. No, this wasn’t a wacky teen challenge to make your dad late for work. It was a protest against Gillette’s latest advertisement — one that confrontsContinue Reading
The blockchain organization Bloq Labs has introduced a beta version of a new software suite for cryptocurrency miners called Titan. Bloq co-founder Jeff Garzik announced the project at the recent Binance conference in Singapore and claims the protocol can maximize a mining machine’s hashrate by double digits with thoughtful configurationContinue Reading
Venezuela’s economic crisis is impossible to ignore. President Nicolás Maduro’s attempt to withdraw $1.2 billion of the country’s own gold from the Bank of England (BoE) has been rejected. The notion of a sovereign state being denied access to its own wealth is a concept that’s hard for bitcoiners to countenance. OneContinue Reading
“Hi everyone, I just put up a new bitcoin exchange. Please let me know what you think.” With those innocuous words, one of the most notorious sagas in Bitcoin’s early history began. The name of the exchange was Mt. Gox and it was to play a pivotal role inContinue Reading
Last year, Sindri Stefansson was arrested for his part in what has been described as the biggest heist Iceland has seen – over $2 million worth of Bitcoin mining equipment stolen in an operation that left police baffled. He has now been jailed for four and a half years alongContinue Reading
Another mainstream media outlet has published a piece warning of the dangers Bitcoin poses to the environment. We’ve heard these overly simplistic arguments countless times before. But even if one was to accept that Bitcoin’s energy consumption is substantial, the figure still pales in significance to traditional financial institutions, whoseContinue Reading
Cryptocurrencies are gradually becoming a viable payment option across a range of markets and jurisdictions. If there is a tool that significantly expands the usability of digital coins in a world still dominated by traditional payment systems, it’s the crypto debit card. A growing number of reliable platforms offer theContinue Reading
A blockchain researcher has been working on a scaling effort for the unspent transaction output set found in the Bitcoin protocol. According to Tadge Dryja’s recently published description of research, the software engineer is working on a dynamic accumulator called Utreexo. The project could theoretically allow network participants to verifyContinue Reading
Huobi has announced that its cryptocurrency derivative platform, Huobi DM, has surpassed $20 billion in cumulative trading volume. The announcement comes just one month after the platform exited beta mode. Also Read: Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months Huobi DM Cumulative Trade Volume Doubles inContinue Reading