Venezuelan Bitcoin Mining Continues Despite Government Crackdown
The Atlantic has reported that Venezuelan bitcoin mining continues despite government efforts to crack down on miners. Venezuela has long suffered from extreme hyperinflation, inspiring many Venezuelans to mine cryptocurrency to supplement their incomes. Also Read: Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued Bitcoin Mining Is Gaining Popularity in Venezuela in Part Due […]
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It’s been two weeks since the hard fork on August 1, which formed a new network called Bitcoin Cash (BCH). As the days continue, BCH has garnered more support over the last two weeks from cryptocurrency-based businesses, exchanges and wallet providers. Also Read: Panel Recommends Indian Government Take Immediate Steps to Stop Bitcoin Use Bitgo Wallet […]
Russia’s First Deputy Prime Minister Igor Shuvalov has revealed that discussions are underway regarding the creation of government centers for cryptocurrency mining, according to local publications. Meanwhile, a bill is being finalized to provide a legal framework for digital currency including bitcoin. Also read: Russia Prepares to Legalize ICOs Government’s Cryptocurrency Mining Centers The Russian First Deputy […]
Just recently a group of hackers made off with 1.5TB of data from servers owned by the cable television network HBO. The thieves managed to leak a few unaired episodes of the network’s original shows and a Game of Thrones script from this Sunday’s new episode. According to reports, the hackers want a total of […]
Segregated Witness has locked-in and the Segwit2x working group has announced its roadmap for the next three months. The team of developers have detailed they are going forward with the 2MB block size increase that miners and businesses agreed upon at the New York Agreement. Also read: Gold Bug Peter Schiff Says ‘Cryptocurrency Market Signals […]
As the entire community has been laser-focused on the recent hard fork and Bitcoin network split, many people have forgotten about the Segwit2x plan. Miners who participated in the ‘New York Agreement’ (NYA) have kept their promise and Segregated Witness will lock-in on the network in roughly two weeks. Also read: Gwyneth Paltrow Joins Bitcoin Wallet […]
The start of the Bitcoin ABC (Bitcoin Cash) chain split has begun as the divide was initiated on August 1 at 12:37 p.m. UTC at block height 478558. UPDATE (18:45 GMT): Two blocks have been mined on the new Bitcoin Cash blockchain. Also read: Indian Bitcoin Hotspot Bangalore Sees 50+ Merchants Added This Month Bitcoin Cash […]
There are two cardinal rules bitcoin holders should follow to prepare for the bitcoin hard fork. These rules will help users protect their bitcoin and gain access to bitcoin cash after the fork resolves. Also read: Fork Watch: Korean Bitcoin Exchanges Divided on ‘Bitcoin Cash’ Bitcoin.com has had a lot of people inquire about how to […]
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 […]
Coindash 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
