Twitter on the Defensive, Blames Third-Party App for Recent Scams

Twitter is pointing the finger at an unnamed third-party app as the party responsible for a string of cryptocurrency giveaway scams in recent weeks involving some major brands. Throughout the year, the popular social media platform Twitter has been in a losing battle against a massive botnet and cybercriminals who are hijacking prominent, verified accounts … Continue reading Twitter on the Defensive, Blames Third-Party App for Recent Scams

One Day After the Bitcoin Cash Hard Fork: Takeaways and Latest Developments

Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins: “Bitcoin Cash ABC” (BCH ABC) and “Bitcoin Cash SV” (BCH SV).At the time of writing, the Bitcoin Cash ABC chain has more accumulated proof of work, and its native currency, BCH ABC, … Continue reading One Day After the Bitcoin Cash Hard Fork: Takeaways and Latest Developments

“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?

Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.The director of Digital Asset Strategy at VanEck/MVIS, Gurbacs, as of late, has become a leading voice on the space’s ETF … Continue reading “We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?

Progress Report: Lightning Network Surpasses $1M BTC Capacity, 4,000 Nodes

The Lightning Network continues to post steady growth.According to data from 1ML, the network is now supported by roughly 4,070 nodes, which house just over 12,500 payment channels, an average of 10.91 channels per node (at time of publication). Most of this growth has come in the later half of 2018, as the average age … Continue reading Progress Report: Lightning Network Surpasses $1M BTC Capacity, 4,000 Nodes

SEC Orders Airfox and Paragon to Return Millions to Investors on ICO Registration Violations

The U.S. Securities and Exchange Commission (SEC) has settled charges against two cryptocurrency companies which were accused of violating ICO securities offering registration rules. Both firms, Carrier EQ (Airfox) and Paragon Coin sold digital tokens in ICOs in 2017 after the regulator’s official stance on the ICO. Some crypto fundraisers can be considered securities offerings, according to … Continue reading SEC Orders Airfox and Paragon to Return Millions to Investors on ICO Registration Violations

ICO Issuers Settle Registration Charges With SEC

The U.S. Securities and Exchange Commission (SEC) has agreed to settle charges with two startups that sold tokens through Initial Coin Offerings (ICOs) in 2017. The companies were charged by the SEC for running their ICOs after the regulator clearly defined such offerings as unlicensed securities in its DAO Report of Investigation. The startups indicted … Continue reading ICO Issuers Settle Registration Charges With SEC

Oxfam Officially Launches Blockchain-Based Program That Empowers Farmers

Oxfam has officially launched their blockchain-based program, called BlocRice, that is aimed at giving farmers significantly more negotiation power and to increase the efficiency of the supply chain by connecting buyers and suppliers directly through their system. The new program, which has undergone successful trials in Cambodia, has a primary goal of increasing revenues for farmers, … Continue reading Oxfam Officially Launches Blockchain-Based Program That Empowers Farmers

After the Fork: Here’s How Exchanges Are Dealing With Bitcoin Cash

The smoke is still clearing from Bitcoin Cash’s hard fork, but exchanges have already moved in to add support for the products of the skirmish.On November 16, 2018, what was intended to be a routine hard fork upgrade of the Bitcoin Cash blockchain became a struggle for hashing power and chain dominance as Bitcoin Satoshi’s … Continue reading After the Fork: Here’s How Exchanges Are Dealing With Bitcoin Cash

Time-Travel Crypto Once Backed by Trump-Appointed Acting Attorney General

Acting U.S. Attorney General Matthew Whitaker once was involved in an alleged scam promoting strange inventions, including a time-travel cryptocurrency. Attorney General Matthew Whitaker Backed an Alleged Scam Company Earlier this month, United States President Donald Trump ousted Attorney General Jeff Sessions from his post after Trump grew increasingly frustrated with Sessions’ recusal from the … Continue reading Time-Travel Crypto Once Backed by Trump-Appointed Acting Attorney General

A New Approach to Thwarting “Selfish” Bitcoin Miners

Selfish mining is an attack on the Bitcoin network that has been known to be possible for several years. By propagating new blocks slowly (on purpose or by accident), a loophole is opened for miners to unfairly increase their profits in relation to other miners.However, researchers Cyril Grunspan and Ricardo Pérez-Marco claim that by broadcasting … Continue reading A New Approach to Thwarting “Selfish” Bitcoin Miners