Litecoin relaunches MimbleWimble testnet as Europol targets privacy protocols

Litecoin’s privacy feature testnet returns as news emerges that Europol sees privacy and coin mixing technologies as major digital threats Litecoin (LTC) has relaunched its MimbleWimble testnet — a protocol designed to enhance privacy and obfuscate the traceability of distributed ledger transactions. MimbleWimble is a modified implementation of the proof-of-work algorithm underpinning Bitcoin (BTC) in […]

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Fraudsters are switching from credit cards to Bitcoin, says consumer protection company

Scammers are taking advantage of one of Bitcoin’s strengths, as once lauded by Satoshi Nakamoto. Fraudsters are taking advantage of the irreversible nature of crypto transactions, says MyChargeBack’s vice president of global operations, Michael Cohen. When Bitcoin (BTC) was first envisioned, one of its selling points was the fact that it was offering better protection […]

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SEC bring John McAfee to court over ICO promotion

The cybersecurity millionaire and former presidential candidate sees new additions to his legal woes. On Monday, the U.S. Securities and Exchange Commission filed suit against John McAfee for allegedly promoting initial coin offerings (ICOs) without disclosing that the ICO issuers were paying him, a violation of U.S. securities law. Per the complaint: “From at least […]

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Long and short positions, explained

Discover the intricacies of short and long positions in crypto trading. These principles can be applied by both new and experienced traders. How can margin trading amplify the targets of long and short positions? Margin trading can magnify the potential results of long and short positions thanks to leverage — i.e., borrowed funds. Going long […]

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