HBUS has announced the rebranding of its retail trading service from HBUS.com to Huobi.com. HBUS, the United States-based strategic partner of China-born crypto exchange Huobi, has announced the rebranding of its retail trading service from HBUS.com to Huobi.com. THe rebranding was shared in a press release with Cointelegraph on Jan. 11. As reported, HBUS launched […]
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Vyacheslav Volodin, the chairman of the lower chamber of the Russian parliament, has prioritized digital economy bills, including a draft bill on crypto. Vyacheslav Volodin, the chairman of the lower chamber of the Russian parliament, has said that bills on the digital economy will be a priority during the upcoming session. The parliament’s official website […]
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A successful 51 percent attack on the Ethereum Classic blockchain has raised some big questions around smaller cryptocurrencies using proof-of-work algorithms. Just two weeks into the new year and the cryptocurrency community is grappling with the reality of an alleged “51 percent attack” on the Ethereum Classic (ETC) blockchain. While there is still no clear […]
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Previous estimates had put the mining malware figure at around 5 percent, but authors of the latest study claim their calculations are more reliable. Cryptocurrency mining malware is responsible for less of the supply of altcoin Monero (XMR) in circulation than previously thought, new research published Jan. 3 claims. A joint effort by researchers at […]
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Anonymous people familiar with the plans told local mainstream media that Bitmain’s product engineering head will replace the duo. Chinese Bitcoin mining giant Bitmain’s co-founders Jihan Wu and Micree Zhan Ketuan will quit their posts as co-CEOs but still steer the company’s important decisions. Hong Kong-based English-language news outlet South China Morning Post reported the […]
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Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack did in fact occur on the Ethereum Classic blockchain. Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack successfully occurred on the Ethereum Classic (ETC) blockchain. The company published an analysis of their findings Jan. 8. […]
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Scams and frauds were still prevalent in 2018 despite a decline in the cryptocurrency market value. 2018 will long be remembered as the start of a significant cryptocurrency bear market, but the declining market still provided opportunities for scam artists to snag unwary investors. Given that 2017 was a breakout year for Bitcoin (BTC) and […]
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Litecoin creator Charlie Lee has suggested that a decentralized cryptocurrency is by definition exposed to 51 percent attacks, otherwise it is centralized. A decentralized cryptocurrency is by definition vulnerable to 51 percent attacks, the creator of Litecoin (LTC) Charlie Lee stated in a tweet Jan. 7. In the wake of recent news about unusual mining […]
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Alexey Akhunov, an Ethereum code contributor, suggested that Ethereum developers should ‘embrace’ specialized mining hardware (ASICs). An Ethereum (ETH) code contributor has suggested that Ethereum developers ‘embrace’ specialized mining hardware (ASICs) in a reply on Ethereum developer forum Ethereum Magicians, Jan. 7. As Cointelegraph reported last week, Ethereum core developers have tentatively decided to implement […]
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Coinbase has increased the amount of ETC that was allegedly double spent following a 51 percent attack. A deep reorganization of the Ethereum Classic (ETC) blockchain, which reportedly included double spending, has involved more than $1.1 million worth of crypto, United States crypto exchange Coinbase revealed Monday, Jan. 7. According to the Coinbase blog, the […]
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