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Ever since Reddit pulled the plug on r/darknetmarkets, deep web users have been starved of real time information on trustworthy sites and vendors. Deep Dot Web is one of the few remaining clearnet portals where information on darknet markets (DNMs) can be found. DNMs were bitcoin’s first “killer app”, andContinue Reading
A few months ago the U.S. Commodity Futures Trading Commission (CFTC) charged a Staten Island-based company called Cabbage Tech with ‘fraud and misappropriation’ of funds based in Bitcoin and Litecoin. According to the CFTC, it revealed it had charged Patrick McDonnell and his company Cabbage Tech for crimes associated withContinue Reading
The meteoric price rally by bitcoin in 2017 has made a lot of people very rich, and perhaps no one more than the owners of the trading venues themselves. Coinbase, which was valued at around $1.6 billion less than a year ago, is now priced at $8 billion by itsContinue Reading
Japan’s Financial Services Agency, tasked with monitoring the country’s cryptocurrency exchanges, has quietly been pressuring platforms to delist privacy coins. Coincheck has already done so in the wake of the $400 million NEM hack. If fellow exchanges follow suit, it could signal the beginning of the end for privacy coinsContinue Reading
A Chinese household has been stealing electricity to mine bitcoin using 50 mobile phones and 15 improvised mining rigs. The home workshop has consumed almost 33,000 kWh of unbilled electricity. That should be enough for a couple of bitcoins, but using a smartphone for the job is not really anContinue Reading
A “Bitcoin store” has opened doors in Croatia. It sells bitcoin and other cryptocurrencies, and even issues receipts. The shop is a welcome addition to the steadily growing crypto sector in the Balkan country. The team behind the project plans to expand to all major Croatian cities and even otherContinue Reading
You’ve heard of KYC – Know Your Customer – and possibly also KYT – Know Your Transaction – but have likely yet to experience it in action. KYC have lately become the norm for crowdsale registration and exchange verification. Now, KYT is on the rise, and it threatens to blacklistContinue Reading
Last fall, the company Blockstack launched a Signature Bounties campaign in order to offer rewards for individuals and teams to build decentralized platforms. So far the campaign has helped produce popular apps like the messaging app ‘Stealthy,’ and ‘Graphite’ documents platform. Now Blockstack has announced it is partnering with theContinue Reading
ICOs seeking to crowdfund their big idea have a quandary: should they register their token as a security, complete with the expense, delays, and paperwork this entails, or should they brand it a utility and hope the SEC doesn’t come after them? Last year, virtually everything was labeled a utilityContinue Reading
DNS attacks can manifest themselves in many ways, all targeted against the Domain Name System that connects the internet. At best they’re an inconvenience, knocking websites offline or preventing access, and at worst they’re costly, as this week’s $150,000 Myetherwallet hijack demonstrated. When you’re interacting in the crypto space, hereContinue Reading
This week the firm Blossom Finance announced the open enrollment for an Islamic microfinance fund that will accept multiple cryptocurrencies such as BCH, ETH, and BTC. Investors will focus on socially responsible opportunities, and receive profit sharing from Blossom’s network of microfinance partners in the province of Central Java, IndonesiaContinue Reading
Despite the multitude of headlines declaring that bitcoin mining was becoming unprofitable over the last four months, the hashrate between both Bitcoin Core (BTC) and Bitcoin Cash (BCH) networks has exploded. At the moment both SHA-256 proof-of-work (POW) powered protocols have been maintaining more than 35 exahash per second, becomingContinue Reading
The web’s favorite crowdsourced encyclopedia has just edited its own behavioral guidelines. Wikipedia’s “Conflict of interest” (COI) page outlining etiquette for its 140,000 active editors now includes a reference to cryptocurrency. If you’re editing pages about crypto, the mere act of owning cryptocurrency may preclude you from doing so. AlsoContinue Reading
Bitcoin in Brief is your roundup of everything that matters from all over the vast cryptosphere that you might have missed. This week’s daily editions included stories about taxes, forks, pranks, porn and so much more. This weekly edition will bring you up to speed with everything covered; just makeContinue Reading
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