Month: December 2019

On December 30, 2019, cryptocurrency exchange Poloniex emailed its customers saying that it had reset their passwords after “someone” allegedly leaked their email addresses and passwords on Twitter. Prevention Is Better than Cure In a bid to safeguard its customers from an apparent security threat, U.S.-based digital currency exchange Poloniex recently reset its customers’ password.
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On Monday, Electron Cash developer Jonald Fyookball updated the Bitcoin Cash (BCH) community in regards to the Cashfusion protocol. Fyookball revealed that Tor integration is currently in the works. The Tor-integrated Cashfusion build is “the big piece” the development team needs to get from alpha to beta stage, Fyookball detailed. Also read: Privacy-Enhancing BCH Tool
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The Ethereum (ETH) network was apparently the target of a coordinated attack, according to several analysts. Following reports that some Parity Ethereum nodes lost sync with the network, on Dec. 31, core blockchain infrastructure company Parity Technology said it believed there was an attack underway and subsequently released network upgrades to protect against it.  According
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The potential short-term and long-term growth prospects of bitcoin can be gauged from the ongoing price activity. BTC price is facing increasing resistance on its way up. Volatility is decreasing with time. What does this mean for bitcoin’s overall outlook?  In his latest article, entrepreneur, engineer, and bitcoin optimist Harold Christopher Burger deeply analyzed the
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Former Ethereum Foundation researcher Virgil Griffith is poised to be released to his parents’ home in Alabama, U.S., given he meets some pre-release conditions, District Court Judge Vernon Broderick made the ruling, December 30, 2019. Griffith’s Homecoming Griffith, a former researcher at Ethereum Foundation has been released on a $1 million bond on the condition
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Decentralized privacy-centric altcoin, Zcoin (XZC) is about to become the first distributed ledger technology (DLT) to integrate the Receiver Address Privacy (RAP) feature into its desktop wallet, thereby enabling users to publicly share a single permanent wallet address without compromising their privacy, according to a press release on December 31, 2019. Zcoin Set to Launch
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Turkey’s Istanbul Clearing, Settlement and Custody Bank (Takasbank) announced that its blockchain-based, physical gold-backed transfer system is now live. Turkish Takasbank launched BiGA Digital Gold to provide banks with a blockchain-based system for the issuance, repayment and transfer of digitized gold, according to an announcement on Dec. 30.  The BiGA system — first announced in
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Experts predict that Bitcoin and other cryptocurrencies will gain momentum in 2020 and therefore will become increasingly pervasive in all industry sectors. There will also be an explosion of cybersecurity threats targeting all verticals worldwide next year, they say. Bitcoin Transactions and Data on the Blockchain Are Safe Just like other industries, the crypto industry
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Blockchain startup Stryking recently concluded its Christmas auction of Ethereum-based FC Bayern Munich non-fungible tokens (NFTs) which brought in over 240 ETH (approx. $31,100) in winning bids. This, according to a report by SludgeFeed, December 29, 2019. A Christmas Auction Well Received This year’s Christmas was particularly memorable for Stryking and crypto-curious Bayern Munich fans
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Coinbase cryptocurrency exchange is contemplating the removal of the decentralized applications (dApps) browsing feature on its mobile cryptocurrency wallet, Coinbase Wallet. The San Francisco-based company’s move is in a bid to comply with Apple’s App Store policy, according to a Finance Magnates reports, December 30, 2019. Coinbase Wallet Removes dApp Browser Per the report, Coinbase
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Emerging as a central theme in 2019, DeFi took the crypto world by storm, championed by the likes of Maker, Compound, and dYdX. Industry insiders building these products still believe it is too early to predict the direction this nascent innovation will take, while traditional institutions are putting some skin in the game despite their
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U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole time. On Dec. 26, SDNY Magistrate Judge Barbara Moses refused Griffith’s
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