Monthly Archives: July 2018

Preparations for the Bitcoin Cash Stress Test Day Begin

Last week news.Bitcoin.com reported on a community-driven Bitcoin Cash (BCH) network stress test, where a group that runs a website called ‘BCH Stress Test Day’ plans to process millions of minimum fee transactions all at once in one day. Furthermore, the team of developers working on the project wants everyone in the BCH community to participate. This week Spendbch.io, with the help of the open source project Bitbox, released a tool that allows anyone to engage in a cooperative effort to ‘spam’ the network with a blitz […]

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Media: BitMEX Crypto Exchange Co-Founder Becomes Britain’s ‘Youngest’ Bitcoin Billionaire

Ben Delo, 34 year old Oxford alumnus and BitMEX co-founder has reportedly become Britain’s youngest self-made Bitcoin billionaire. Co-founder of BitMEX crypto exchange and an Oxford graduate Ben Delo has become Britain’s youngest self-made billionaire, Daily Mail reports July 2. Aged 34, Delo, who founded BitMEX in 2014, told Daily Mail that he used to spend 18 hours a day to build his platform. His work has apparently paid off, as BitMEX is currently one of the largest crypto exchanges in the world with a daily trade […]

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Report: 2.3 Million Bitcoin Addresses Targeted by Malware That ‘Hijacks’ Windows Clipboard

Windows users face continued threats from clipboard hijacker malware which secretly changes copied Bitcoin addresses. A new attack on Bitcoin users which gains control of Windows clipboard to swap out addresses is already monitoring 2.3 million targets, sources reported June 30. The malware, part of a family of threats known as “clipboard hijackers,” secretly gains control of memory, running in the background to ensure users do not notice its presence. It then replaces the Bitcoin address that the user has copied into the clipboard with the address […]

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Korean Authorities to Probe Crypto Exchanges’ Handling of Personal Data

Korean authorities, the KCC and KISA, have announced a joint probe into crypto exchange operators’ handling of personal data. Two Korean watchdogs have announced a joint probe into crypto exchange operators’ handling of personal data, local news outlet Chosun reports Monday, July 2. The agencies in question are the Korea Communications Commission (KCC) and the Korea Internet & Security Agency (KISA). The KCC and KISA will investigate potential infringements of data privacy rights by crypto exchange operators in conjunction with third party service providers – for example, […]

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Markets Update: Coinex Dominates Volume Rankings As Markets Rally to $6,600

The bitcoin markets have rallied after having produced 48 hours of steady consolidation following the recent bounce off support at approximately $5,800. Looking at the 24-hour volume rankings, Coinex has suddenly emerged as a strong market leader, claiming to have hosted $1.5 billion in trade in single day – over $1 billion of which purportedly took place on their BTC/USDT markets alone. Also Read: Volume Rankings Report for June 2018: Trading Activity Drops Across Crypto Markets BTC Gains 10% in 4 Hours As of this writing (13:45 UTC, […]

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Exchange Using AI and Blockchain to Tackle Ad Industry’s $19 Billion Fraud Problem

sponsored A company is creating cognitive ad banners which use AI and blockchain to reward consumers with tokens – increasing engagement with advertisers. An ad exchange network is combining an artificial intelligence (AI) system with blockchain technology to tackle eye-watering levels of fraud in the industry and stop consumers from being bombarded with irrelevant ads at inappropriate times. NOIZ Chain says the public, and the brands trying to reach them through advertising, have seen their patience wear thin following a slew of scandals involving digital media. While […]

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Bitcoin Breaks $6,500 as Cryptocurrency Market Upswing Continues

The cryptocurrency markets are up across the board, as BTC, ETH, and altcoins see green. The cryptocurrency markets appear to be on an upswing today, July 2, after recovering slightly after last week saw Bitcoin (BTC) dip below $6,000, twice. Market visualization from Coin360 Bitcoin is above $6,500, trading for around $6,599 by press time and up around 4 percent over a 24 hour period. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) is trading at around $470, up almost 6 percent over a 24 […]

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Huobi’s HADAX Postpones Voting for New Token Listings After Changing Rules

Huobi’s autonomous token listing exchange, HADAX, has announced it is postponing the next round of voting for new token listings. Huobi’s autonomous token listing exchange, HADAX, has announced it is postponing the next round of voting for new token listings on the platform. The statement, posted July 2, follows recent updates to its voting rules. HADAX is a segment of major crypto exchange Huobi, on which users can vote using native Huobi tokens (HT) to select digital assets that will be listed and traded on the platform. […]

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Graphics Card Suppliers to Cut Prices in July due to Crypto Market Slump, Sources Report

Graphics card suppliers will lower their prices in July, sources say, as the crypto market correction has led to less mining demand. Sources say that the recent slump in the crypto markets is leading to graphics card suppliers lowering their prices, tech outlet DigiTimes reported June 29. Unnamed sources from the “upstream supply chain” told DigiTimes that the sale of ASIC crypto mining hardware have been negatively impacted, with a predicted price drop of 20 percent in July. Among the affected companies are the Taiwan Semiconductor Manufacturing […]

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EU Parliament: Naysayers Like Economist Robert Shiller ‘Mistaken’ About Crypto

The European Parliament struck a defiant tone on cryptocurrencies in its latest report, calling Robert Shiller’s opinions “mistaken.” The European Parliament has told lawmakers not to “ban” or “ignore” cryptocurrencies in a new report released this week, forecasting they “will remains with us for a while.” The report, ‘Virtual currencies and central banks monetary policy: challenges ahead’ commissioned by the Economic and Monetary Affairs Committee, contains a wealth of supportive statements on virtual currencies (‘VCs’). Its publication diversifies the broad EU standpoint on the technology, which continues […]

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