A researcher suggested that exchanges could “rollback” hacks by renting mining power from online marketplaces. Speaking at Unitize virtual event, Coin Metrics researcher Lucas Nuzzi suggested that one way for exchanges to fight back against the hackers is by renting mining power from online marketplaces. 6 confirmations ticking countdown Nuzzi conjectured that an exchange which […]
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The U.S. Department of Justice unveiled the identity of the hacker behind the pseudonym “fxmsp” after charging him with federal crimes. The U.S. Department of Justice, or DoJ, indicted Andrey Turchin, known under the pseudonym “fxmsp,” with various federal crimes. Turchin allegedly founded a cybercrime group that targeted the computer networks of several companies. After […]
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Binance will join Swipe’s board of directors, but the firm is “able to run the company independently from Binance.” The world’s largest cryptocurrency exchange, Binance, has completed its second acquisition in 2020. Both acquisitions appear to further indicate Binance’s interest in crypto debit card issuance. After acquiring the industry’s most popular website, CoinMarketCap, in April […]
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Cointelegraph speaks with NGRAVE’s CEO following its successful crowdfunding campaign. The Indiegogo crowdfunding campaign for the NGRAVE ZERO has ended, raising over €385,000 ($430,000) through pre-orders via various reward tiers. More than 1,200 backers from around the world made the campaign the most successful ever for a hardware wallet, with the total funds raised being […]
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Bitcoin is range-bound but altcoins are rallying, indicating increasing interest among traders looking to make sizable gains off altcoins. Altcoins have been buzzing around this week and this has reduced Bitcoin’s (BTC) dominance to 63%. Pantera Capital founder Dan Morehead believes that altcoins are going to outperform Bitcoin, the top-ranked asset on CoinMarketCap, over the […]
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While Bitcoin’s value seems to have stagnated over the past few months, some believe that a price surge is just around the corner. As the global economic engine continues to reel from the effects of the slowdown induced by the novel coronavirus, it’s still not clear how much devastation the pandemic has actually caused. For […]
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An overview of the first two days of the Unitize virtual blockchain conference where top crypto and blockchain experts offered their views on topical issues in the industry. The first two days of Unitize, the virtual conference organized by BlockShow and San Francisco Blockchain Week, have come and gone with speakers from various sectors of […]
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Venezuelan authorities confiscated 315 Bitcoin mining systems. The Bolivarian National Guard of Puerto Ordaz, Venezuela, seized 315 Bitcoin (BTC) mining machines manufactured by Bitmain. The owners of the mining rigs were told that they did not possess the necessary permits to own and operate the machines. They also were not authorized to be transporting the […]
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Millennials and Zoomers are the least likely crypto investors to have a plan for their digital assets should they die unexpectedly. Most younger crypto holders don’t have any kind of plan to pass down their digital assets when they die. According to a survey conducted among 1,150 participants between October 2019 and June 2020 by […]
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As Bitcoin price stalled at $9,300 again, altcoins capitalized on the sideways price action to rally to new multi-year highs. Within the last few hours Bitcoin (BTC) price pushed above $9,300 after struggling to hold the $9,300-$9,400 level for the past three days. The move was accompanied by a notable surge in purchasing volume which […]
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