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How a Finnish millionaire lost $35M worth of Bitcoin in a gambling scam

Is your cryptocurrency portfolio looking a little light lately? That’s nothing compared to one Finnish investor, who lost 5,500 Bitcoin ($35 million) to an investment scam this year. Bangkok Post reports that businessman Aarni Otava Saarimaa was approached by a group who sought to link him up with some hot investments: shares in a few high-profile companies and a cryptocurrency called Dragon Coin. дальше »

2018-8-13 13:05


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Here Is Why the XRP Community Wants the Coin Added as A Base Currency on Binance

The Binance cryptocurrency exchange is one of the most active ones in the crypto-verse. Binance is currently handling a 24 hour trade volume worth $1. 108 Billion at the moment of writing this. The exchange facilitates trading through the base currencies of Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and its very own Binance Coin (BNB). дальше »

2018-8-10 11:24


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Is Bitcoin Mining Going To Destroy The Planet?

Is mining Bitcoin worth the threat it poses our very existence? Whilst Bitcoin offers communities and society a chance to access a new technology and a form of value that is not regulated by the government, it’s production and mining does have a detrimental impact on the planet, yet, few people seem to recognise that this is the case, especially those scholars who are big on blockchain. дальше »

2018-8-10 06:00


Big Mac celebrates the 50th P-Day by launching McDonald’s magic giants

America-based fast-food giant McDonald’s has found a unique way to celebrate the 50th birthday of its Big Mac burger, and guess what, it has adopted the crypto path. The company has launched a new global cryptocurrency called MacCoin wherein each token will be supposedly worth one Big Mac burger. MacCoin, the universal “food currency” is launched дальше »

2018-8-2 11:20


Big Mac’s 50th Birthday is being celebrated by the launch of the Mac Coin

America-based fast-food giant McDonald’s has found a unique way to celebrate the 50th birthday of its Big Mac burger, and guess what, it has adopted the crypto path. The company has launched a new global cryptocurrency called MacCoin wherein each token will be supposedly worth one Big Mac burger. MacCoin, the universal “food currency” is launched дальше »

2018-8-2 01:42


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Billionaire Hedge Fund Manager Has One Percent of his Net Worth in Bitcoin

Marc Lasry, the billionaire co-founder of Avenue Capital Group, whose net worth is estimated to be at around $1. 68 billion, has invested $16. 8 million in bitcoin. Bitcoin Investments Explained When asked about his personal investment in bitcoin, Lasry explained that he entered the cryptocurrency sector a few years ago, and invested quite a lot of capital in the market. дальше »

2018-7-22 09:39


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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »

2018-7-21 23:03


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »

2018-7-21 23:03


Report: Apple’s iPhone 6 has the highest failure rate among iPhones — but Samsung is worse

A recent study of the past five years’ worth of iPhone releases saw that the iPhone 6 was, hands down, the worst Apple handset release in recent memory. Both the iPhone 6 and 6s models (regular and Plus) topped the chart of least reliable Apple handsets, according to the “State of Mobile Device Repair & Security“ report issues by Blancco, a data erasure and security firm. дальше »

2018-7-14 01:59


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It’s Free! NEO and ONT Join Forces for a Second Round of a 40M USD Airdrop!

NEO, one of the main blockchain projects in China, has joined forces with ONT to carry out a significant Airdrop to increase not only the volume but also the number of users of both cryptos. Yesterday, the official NEO blog announced that NEO token holders are going to receive $40 million worth of ONT tokens on […] The post It’s Free! NEO and ONT Join Forces for a Second Round of a 40M USD Airdrop! appeared first on Ethereum World News. дальше »

2018-7-13 20:01


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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »

2018-7-13 17:16


Blockchain will contribute almost $1 billion to the telecoms sector alone within the next five years, MarketWatch reports Wednesday

Blockchain will contribute almost $1 billion to the telecoms sector alone within the next five years, MarketWatch reports Wednesday, July 11. a new research forecasts this week. According to a global market research store Research and Markets, blockchain technology in telecoms will explode from a $46.6 million industry in 2018 to one worth $993.8 million дальше »

2018-7-12 21:43


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One Million PCs “Cryptojacked” in China as Hackers Make $2 Million Worth of Digibyte, Siacoin, and Decred

The largest cryptojacking breach, in terms of sheer scale, came to light in China after local authorities identified a group of hackers who ran an illicit mining operation for over two years. Largest Cryptojacking Breach On July 9, 2018, local news Legal Daily reported a massive cryptojacking spree of a group in China’s Dalian city after suspicious activities pointed to. дальше »

2018-7-12 04:00


China Crypto Mining Malware Siphons $2 Million Worth, Over 1 Million Computers Infected

Malware attacks are one of the easiest ways for hackers to steal money from unsuspecting consumers, especially those that invest in the crypto world. In a report on July 9th, hackers used exactly this method to steal a total of $2 million from over 1 million computers. The hacking took place primarily in China, though […] дальше »

2018-7-10 10:13