Tag: Featured

A New Bitcoin World

North Korea Accused of Hacking South Korean Exchanges

North Korea, a nation that has previously been accused of mining bitcoin in order to flout sanctions, is suspected to have hacked a number of bitcoin exchanges in South Korea. The country allegedly stole “100 million won ($88,100) in bitcoin from 2013 to 2015 as part of its efforts to increase the country’s hard currency,” […]

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September 29, 2017 0

Five Leading Russian Universities Start Offering Cryptocurrency Courses

Many universities across Russia have added new courses to their existing finance curricula that are focused on cryptocurrencies, Bitcoin, and blockchain technology. They will offer these courses for the first time this academic year due to high demand. Also read: Russia’s Finance Ministry Drafts Law to Legalize Cryptocurrencies Cryptocurrency Courses A number of top universities in […]

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September 18, 2017 0

Telegram Founder Believes Bitcoin Will Undermine US Hegemony

A Russian Sputnik news article reported Telegram and Vkontakte founder hopes bitcoin will undermine US hegemony. Further, he believes the cryptocurrencies have the power to reshape the global finance system and escape US monetary control.  Also read: Saxo Bank Offers Bitcoin Exchange Traded Notes Telegram Founder Praises Bitcoin for Changing the Financial Paradigm According to the […]

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August 29, 2017 0

Following Money Through the Bitcoin Laundry Is Not So Easy

Just recently there was a small ransomware outburst called “Peyta” that attacked various computers around the world. The creators of Peyta didn’t make as much money as the Wannacry extortionists had made a few weeks earlier, as Petya only raked in around $8,000 worth of BTC. However, the money the hackers accumulated has moved and following […]

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July 18, 2017 0

How Hackers Stole $7 Million in Ether From Coindash ICO

CoindashCoindash is a blockchain company that helps investors manage investments and hedge those investments against other traders. This morning the startup’s token sale was hacked and 7 million dollars’ worth of ether were promptly stolen. The company left a warning on its token funding page advising investors to cease sending funds. Also read: Alphabay Phisher Makes $1 Million in

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July 18, 2017 0

Mining Bitcoin Using Old Computers and Retro Gaming Consoles

Bitcoin mining has grown into a vast economy over the past few years as large ASIC-powered mining farms process transactions for the $32 billion dollar market. In the early days, people could mine bitcoins using their central processing units (CPU) and they still can, but the undertaking is extremely inefficient. However, a few people still

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July 16, 2017 0

Alphabay Offline for a Week — Darknet Users Rush to Find Alternatives

darknetThis past week Bitcoin.com reported on the Alphabay darknet marketplace going offline while many speculated an exit scam. It’s been close to a week now with no signs of the underground market coming back online, which could lead to a severe loss of bitcoin for those holding money there. Also read: Protestors Will Watch Mt Gox

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July 11, 2017 0

Creating a Bitcoin Bank in Less Than Thirty Minutes With a $2 USB Drive

USB DriveThere are multiple ways people can store bitcoins offline, using either a paper wallet or hardware options from companies like Trezor, Opendime, Ledger, and Keepkey. However, bitcoin users can also create a bitcoin wallet on a far cheaper USB thumb drive as well to store coins offline. Also Read: How Much Does it Cost to

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July 10, 2017 0

The Blockchain Split Scenario: Staying Informed and Backing Up Bitcoin Keys

splitIn less than four weeks the Bitcoin network has many events on the horizon, and numerous things could happen during the weeks following. Also read: A Look at the Bitcoin Apps Being Built Using the Lightning Network The Fear of a Chain Split Right now over the course of the next 3-4 months, there are many plans

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July 8, 2017 0

Class Action Lawsuit Filed Against Cryptocurrency Exchange Kraken

KrakenThis week a class-action lawsuit has been filed against the San Francisco-based trading platform Kraken. A group of customers have revealed that their holdings of 3,414 ETH was liquidated during an Ethereum market flash crash. According to the plaintiffs the cryptocurrency exchange suffered from a denial-of-service (DDoS) attack at the time having many Kraken users unable to

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July 7, 2017 0