You can tell an altcoin is close to death when its price soars. That may sound like a contradiction in terms, but that’s what can happen to crypto assets when they’re in the throes of death. With low liquidity and thin volume, exchange-listed altcoins are prey to manipulators who will send them skyward one final […]
The post Pump and Dumps Are the Final Indignity for Dying Coins appeared first on Bitcoin News.
“On Oct 13, 3:00 CDT I will be doing a 51% attack against the cryptocurrency Einsteinium,” began the call-to-arms. As promises go, this one was as bold as it was brazen. The anonymous attacker has promised to assume majority hashrate control of an altcoin to demonstrate how easy the process is. As proof, they’ve not […]
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“Alaska, thanks for bearing with us,” popular smartphone trading app Robinhood tweeted. “Trade Bitcoin and other cryptocurrencies, commission free.” Mere days after, it announced the same for Oklahoma. Residents of the two states can now trade bitcoin cash, dogecoin, ethereum, ethereum classic, and litecoin on its platform. Also read: Colombia Crypto Exchange Asks New President […]
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Accident-prone altcoin verge has been crippled by yet another mining attack. A little over a month after being subjected to a 51% attack, the network is once again at the mercy of a malevolent attacker who is rejecting blocks and profiting handsomely off the carnage caused. The repeat attack illustrates the risks faced by low […]
The post Verge Struck by Second PoW Attack in as Many Months appeared first on Bitcoin News.
The public’s appetite for forked coins seems to be diminishing. Data shows that around 6.6 million BCH has been claimed to date, compared to just 2.2 million BTG. There’s still time for more bitcoin gold to be claimed, but thus far most holders have been deterred from doing so. Reasons include BTG’s low value compared […]
The post Three Times as Much Bitcoin Cash Has Been Claimed as Bitcoin Gold appeared first on Bitcoin News.
Lately, people have been talking an awful lot about bitcoin forks and how to claim them. One particular fork that took place on October 24 called, ‘bitcoin gold’ (BTG), has been a hot topic recently. As the network’s wallet and exchange support grows larger, people are trying to figure out ways to split their bitcoin […]
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On November 12, the Bitcoin Gold network went live at 4 pm EDT according to the team’s blog page and Slack channel. The controversial project currently has a full node client, but public mining didn’t start until private miners reached block height 499407. Also read: Swedish Pirate Rick Falkvinge Brings Humor and Profundity to Bitcoin Cash […]
The post Bitcoin Gold’s Confusing Mainnet Launch Has a Rough Start appeared first on Bitcoin News.
The fork called “Bitcoin Gold” (BTG) has been quite the mystery since it announced its plans to fork the Bitcoin network and change the currency’s consensus algorithm. According to the team, the fork took place on October 25, and the network was supposed to start on November 1. However, BTG developers didn’t finish the project’s […]
The post Bitcoin Gold Plans to Launch its Network on November 12 appeared first on Bitcoin News.
This week bitcoin proponents have been talking about the bitcoin gold fork scheduled for October 25. With just a few days away, bitcoin exchanges and service providers have been detailing their contingency plans on how to best deal with the upcoming distribution of split tokens. Also Read: Bitcoin Cash Community Preps Hard Fork Slated for November […]
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Seven of Japan’s leading bitcoin exchanges have announced their policies regarding the planned Bitcoin Gold hard fork of the Bitcoin network. The country’s largest exchange, Bitflyer, plans to distribute and trade the new cryptocurrency. Some exchanges will only distribute the coins, while others are taking a wait-and-see approach. Also read: Two South Korean Bitcoin Exchanges Announce Hard […]
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