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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American talk show host Dave Rubin has announced he is turning to Bitcoin in lieu of the crowdfunding platform Patreon, in protest against the latter’s alleged censorship practices. American libertarian political commentator Dave Rubin has announced he is turning to Bitcoin (BTC) in lieu of the crowdfunding platform Patreon, in protest against the latter’s alleged […]
Continue ReadingLitecoin founder Charlie Lee has fired community debate in a tweet alleging that “some self-proclaimed Bitcoin Maximalists are actually Bitcoin Extremists.” Litecoin (LTC) founder Charlie Lee has fired community debate with a tweet alleging that “some self-proclaimed Bitcoin Maximalists are actually Bitcoin Extremists.” Lee’s Jan. 6 post argued that: “Some self-proclaimed Bitcoin Maximalists are actually […]
Continue ReadingControversial social media site Gab is reportedly now using the Cash App from payments firm Square to transact and receive Bitcoin donations. Controversial social media site Gab is reportedly now using the Cash App from United States-based payments firm Square to transact and receive Bitcoin (BTC) donations. The company’s official Twitter posted the announcement Jan. […]
Continue ReadingThe game’s official merchandise store had mistakenly added Monero as a payment option, Tim Sweeney said. Temporary volatility hit Monero (XMR) over the weekend after a gaming company chief said it accidentally began accepting the privacy-focused altcoin for payments Jan. 5. Epic Games, which developed the popular video game Fortnite, had opened an official merchandise […]
Continue ReadingThe Proof of Keys event raises questions over HitBTC, but questions also surrounds the event itself. Bitcoin celebrated its 10th birthday on Jan. 3, and in commemoration of this milestone, the very first Proof of Keys event was held. Organized by crypto investor and podcast host Trace Mayer, it urged cryptocurrency traders to withdraw their […]
Continue ReadingThe Gemini cryptocurrency exchange has launched a new ad campaign, in which it calls for better regulation of the crypto space. The Gemini cryptocurrency exchange founded by the Winklevoss twins in 2014 is calling for better regulation of the crypto space in a new ad campaign, the Wall Street Journal (WSJ) reports on Jan. 4. […]
Continue ReadingA representative of crypto exchange HitBTC told Cointelegraph that reported withdrawal blocks were part of international KYC and AML measures. Cryptocurrency exchange HitBTC has rejected allegations by some of the industry’s best-known figures that it was deliberately freezing user accounts, the company told Cointelegraph in an email Jan. 3. Responding to a request for comment, […]
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