Monthly Archives: June 2018

Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses

Japanese police from 10 prefectures have arrested website operators using Coinhive to tap into the computer power of their site visitors to mine cryptocurrencies without consent. They are accused of violating the law banning the use of computer viruses. Some people have already been fined. The police have been monitoring the Coinhive program since it was released. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 16 People Caught The police from 10 prefectures throughout Japan have reportedly caught 16 people using mining programs to mine cryptocurrencies […]

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Mining Bytom (BTM) With NebuTech BTMiner On Nvidia GPU Mining Rigs

A while ago we have written about the launch of ASIC miners for Bytom (BTM) from Bitmain right in time when Bytom was actually launching their network. The Antminer B3 ASIC miners for Bytom were offering 780 H/s with 360 Watts of power usage and this essentially has made CPU mining pointless right from the start. Since then however there has been some development regarding the use of GPUS and Nvidia ones in particular for mining BTM and surprisingly or not at this point of time you […]

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Censorship, Bans, and ETH Scams: Twitter Suspends Bitmain’s Official Account

This week the Twitter handle @Bitmaintech was locked down because Twitter administrators claimed the account belongs to a 4-year-old. The Twitter handle’s owner and Bitmain’s head of marketing have complained to the social media company’s support team and Twitter’s CEO Jack Dorsey. The account lockdown marks the second high profile bitcoin-related account that’s been banned from Twitter in just a few months. Also Read: Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate The Official Bitmain Tech Twitter Account Has Been Suspended On June 14 Bitmain […]

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Italy and Crypto: Naples Mayor Talks About City’s Focus Group to Promote Blockchain and Possible Municipal ICO

Naples, cryptocurrencies and ICOs: analysis of the city council’s new project and interview with Mayor Luigi de Magistris. A working group devoted to blockchain on the initiative of institutions, hundreds of volunteers from all over the world, a big and efficient plan for the future – it’s happening in Naples, the capital of the Italian region of Campania in the south of the country. The city, through a recent press release, announced the creation of a special “focus group,” whose purpose is to “develop and eventually implement […]

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Wendy McElroy: Crypto Can Create a “Perfect” Political System

The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 6 Crypto Can Create a “Perfect” Political System The anarchists…work not for a perfect social state, but for a perfect political system. A perfect social state is…totally free from sin or crime or folly; a perfect political system is merely a system in which justice is observed, in which nothing is punished but crime and nobody coerced but the invader. -Victor Yarros, American anarchist, lawyer, and author The perfect society is embodied by […]

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Bitcoin: It’s All Getting A Little Messy On Canvas

What’s Satoshi’s Place? Following the launch of the new and innovative Satoshi’s Place, the digital picture web app, a few arguments have now started. The online artboard allows members to paint and leave their mark for a small fee. Based on the Million Dollar Page and Reddit Place revolution a few years ago, it has now got a little interesting with competition over space on Satoshi’s Place. As with the games that Satoshi’s Place was based on, the Cryptocurrency version has 1 million pixels available. Each pixel […]

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Bitcoin Magazine’s Week in Review: Looking Back to See the Way Ahead

It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin. Then, we continue to review the history of Bitcoin from its Cypherpunk days, with the latest installment of The Genesis Files, this time paying tribute to Wei Dai and his “b-money” protocol. South Korea has seen one of their cryptocurrency exchanges hacked this week, with Coinrail reporting a major […]

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EOS Mainnet Experiences ‘Freeze’ Two Days After Launch

Less than 48 hours after its launch, EOS mainnet faces a system failure, which block producers are working to correct. Less than 48 hours after going live, the EOS Mainnet has “paused,” according to multiple reports on Twitter and a Steemit post by the top 21 EOS block producers (BPs), June 16. While the BPs and “many standby nodes” scramble “to identify and fix the issue,” transactions appear to be ”frozen” on the EOS Mainnet. The cause of the freeze in transactions is still unclear, with the […]

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Bitcoin in Brief Saturday: Coins for Drivers, Prisoners, and Conservationists

Today’s Bitcoin in Brief features several examples of digital coins entering all spheres of life. A leading German auto manufacturer has revealed its cars may soon be fitted with onboard cryptocurrency wallets. A company now offers crypto payments for inmates in prisons across America. And in South Africa, a new token will support rhino conservationists, while fighting poachers.   Also read: Bitcoin in Brief: Halting 51% Attacks and Where Now for Ripple? VW Teams with IOTA to Offer Crypto Wallets in Cars It’s a trademark of the […]

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New Platform Ranks Cryptocurrency Exchanges by Liquidity, Security, and Reliability

Hacken has launched a new website that provides an all-in-one tool for rating cryptocurrency exchanges. Crypto Exchange Ranks (CER) allows for side by side comparisons of well over a dozen exchanges, including real-time arbitrage data and ratings for liquidity, compliance, reliability, and security. Also read: Hollywood Stars in Movie About Crypto Money Laundering CER Aims to Accurately Rank Cryptocurrency Exchanges Crypto Exchange Ranks by Ukraine’s Hacken officially launches on Monday, June 18. The service allows users to access a wide range of metrics for major exchanges within the […]

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