Forsage members are courting a high risk with the Philippines’ securities regulator. A full month after the Philippines’ Securities and Exchange Commission flagged Forsage as a likely Ponzi, it remains the second-most popular Ethereum DApp on internet rankings. As of Aug. 6, Forsage has 390,000 users and a turnover of $3.11 million per 24 hours […]
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YouTube took down Jon Prosser’s channel with 262K subscribers after hackers used it to promote a free Bitcoin giveaway scam. Scammers have conned more YouTube viewers into sending them Bitcoin after hacking several more large verified accounts and posting ‘free giveaway’ videos. According to an Aug. 5 tweet posted by Jon Prosser, his Front Page […]
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Ethereum Classic has suffered its second 51% attack in a week after 4,000 blocks were reorganized earlier today. Ethereum Classic (ETC) has suffered a second 51% attack in less than one week, bringing the ongoing security of the network into question. On August 6, Etherchain.org tweeted that its affiliated mining pool Ethermine had disabled ETC […]
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Crypto tribalism shifts up a gear, with Bitcoin pioneer Adam Back lashing out at Ethereum. Computer scientist and Blockstream CEO, Adam Back, has compared Ethereum and other high cap altcoins Ponzi-schemes in a Twitter tirade today: “Bitconnect, Charles Ponzi, Ethereum, Onecoin, Cardano, Ripple, Bernie Madoff, Stellar, Dan Larmer. All looking very similar grade to me.” […]
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Forensic analysis suggests the recent Ethereum Classic blockchain reorganization was a carefully orchestrated malicious attack. A recent 51% attack that impacted Ethereum Classic (ETC) is believed to have resulted in approximately $5.6 million worth of the cryptocurrency being double-spent. A report published by Aleksey Studnev of blockchain forensics firm Bitquery on August 5 has revealed […]
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Bloomberg finds Ethreum’s bull run to be speculative while contending that Bitcoin’s appreciation is driven by fundamentals. In its August crypto outlook, Bloomberg remained unimpressed with Ethereum, calling its rally “speculative”. The publication contends, however, that Bitcoin’s (BTC) rise is based on solid ground: “Ethereum has extended last year’s highs and leaped to one of […]
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The Ethereum Foundation is changing up some of its website’s designs as it pushes for a comprehensive educational strategy. The official website for the Ethereum Foundation updated some of its under-the-hood infrastructure and refreshed much of its look. According to a development update from ethereum.org released on Aug. 5, the website is now running on […]
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Chainlink partners with War Riders to create a hybrid solution for human readable Ethereum names that removes friction for blockchain gamers. Chainlink (LINK), in partnership with a video game called War Riders, has introduced human readable Ethereum (ETH) names. These names will use a different approach than the Ethereum Name Service, or ENS. Removing friction […]
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Since the time Ethereum was born, the crypto-tax landscape has dramatically changed, and that is where we are now. As important as Ethereum has become, even eclipsing Bitcoin (BTC) in some circles, it is no wonder that its fifth birthday has prompted comments — some prophetic, others nostalgic. Few, however, will mark the occasion by […]
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EOS has long been the most legitimate competitor to Ethereum, so what does the upcoming ETH 2.0 implementation hold? When the EOS network launched in 2018, it looked to be one of the biggest contenders to Ethereum (ETH) — not just in terms of providing a scalable development platform for decentralized apps, or DApps, but […]
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