Monthly Archives: November 2019

The Bolt-A-Thon Sequel to Spark Lightning Innovation

From December 6 to 8, 2019, the second edition of the Bolt-A-Thon will take place in the natural habitat of Bitcoin and the Lightning Network — the internet. The Lightning-centered hackathon and conference is a follow-up to the inaugural event in April 2019, where many creative ideas were presented and many Lightning-focused projects made tangible progress — for instance, after the multi-platform payments service Bottle Pay won the Bolt-A-Thon, it went on to raise $2 million to boost development. Speakers at the event, who will be making […]

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Crypto Markets Continue to Drop, Bitcoin Briefly Slips Below $8,200

Wave of red on crypto markets grows, bringing more losses among the top 20 coins and exposing Bitcoin to the new potential drop. After another sell-off earlier today, crypto markets have continued to fall, with Bitcoin (BTC) briefly dropping below the $8,200 threshold. At the time of writing, 19 out of the top 20 coins by market cap are seeing significant losses. Texos (XTZ), the 17th altcoin by market cap, is resisting the bearish movement, still trading up around 1% over the past 24 hours at press […]

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Spanish Financial Watchdog Warns Against Unregulated ICO Scheme

The Comisión Nacional del Mercado de Valores has warned the public against Ethereum-based token dubbed AlyCoin. A Spanish financial watchdog has issued a warning against Ethereum (ETH)-based token dubbed AlyCoin. As Financial Magnates reported on Nov. 18, the Comisión Nacional del Mercado de Valores warned the public against AlyCoin as it the coin is registered neither in Spain nor in the corresponding registry and thus promotes unregulated initial coin offerings (ICOs). Specifically, AlyCoin purportedly provides its customers with financial services in violation of the second paragraph of […]

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Hacker Offers $100K in BTC as Bounty for Hacking Halliburton

Vigilante hacker known as Phineas Fisher will pay in crypto for hacking big companies with like NSO Group and Halliburton. Anonymous hacker Phineas Fisher will pay up to $100,000 in crypto to hackers for leaking some damaging information about global high-profile firms. The bounty, called the “Hacktivist Bug Hunting Program” was published on Nov. 15 and targets big companies including Israeli spyware vendor NSO Group and American oil company Halliburton, as Vice reported on Nov. 17. The idea of the new bounty is to pay other hackers […]

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Researcher Breaks Mimblewimble, Deanonymizing 96% of Grin Transactions

The Mimblewimble privacy technology used by cryptocurrencies such as Beam and Grin is broken. That’s the claim of researcher Ivan Bogatyy who has published a report documenting his findings. In it, he reveals how he was able to deanonymize 96% of all Grin transactions just by running a node at a cost of around $60. Bogatyy asserts that the flaw is fatal, effectively breaking Mimblewimble. Also read: IRS Dispels Crypto Tax Confusion Mimblewimble Is ‘Fundamentally Flawed’ “Mimblewimble should no longer be considered a viable alternative to Zcash […]

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Researcher Breaks Grin’s ‘Privacy’ Spending Just $60 Per Week

A researcher says that Mimblewimble’s privacy is flawed as people are able to uncover the addresses for 96% of Grin transactions. Mimblewimble, a privacy-focused blockchain protocol, is allegedly not private at all. According to an expert at blockchain research firm Dragonfly Research, Mimblewimble’s privacy is fundamentally flawed, which he reportedly proved by discovering the exact addresses of senders and recipients for 96% transactions of Mimblewimble’s privacy-centric coin Grin (GRIN). Ivan Bogatyy, a researcher at United States-based Dragonfly Capital Partners, published a Medium post on Nov. 18 in […]

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TT-Miner 3.1.0 Beta 3 Nvidia GPU Miner With EagleSong Supports

The latest TT-Miner 3.1.0 Beta 3 comes with added support for the Eaglesong algorithm used by the Nervos (CKB) making this yet another option for a GPU miner for Eaglesong. This update also removes support for the Myriad-Groestl and the Teo version of Ethash (TEO), brings some improvements for the MTP algorithm on RTX GPUs and some small improvements for all ProgPoW variants (ProgPoW, ProgPoWZ and ProgPoW092). Do note that if you get a missing DLL error when trying to run the miner on Windows you may […]

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Family Offices Finally Accept the Benefits of Investing in Bitcoin

Family offices have shown growing confidence in the Bitcoin market, opening a new niche for the investment possibilities. There is a lot of chatter going on about the uncertainties of cryptocurrency and how an attempt to tame the raging seas of the crypto market could spell doom for investors. As expected, in the middle of this conversation is Bitcoin (BTC), whose popularity continues to grow in the investment world.  Although Bitcoin’s volatility is well-documented, this has not stopped investors from adopting cryptocurrencies as a way of effecting […]

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Price Analysis 18/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

While Bitcoin looks weak, select altcoins are showing resilience and this can shift the focus from Bitcoin to altcoins. Since the Great Recession, the health of the global financial system has only deteriorated. Corrupt leadership, worsening standards of living and several other problems have sparked unrest in a number of countries. The latest country to see unrest is Iran. Recently protestors set several buildings on fire and one among them was a branch of Iran’s central bank in Behbahan, a city located in the southwestern region of […]

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Decentralized Payment Firm Radpay Raises $1.2M in Seed Round

Decentralized payment processing company Radpay has secured $1.2 million in a seed round, with the participation of investment firms Resiliency Ventures and BlackLaunch. Decentralized payment processing company Radpay has secured $1.2 million in a seed round, with the participation of investment firms Resiliency Ventures and BlackLaunch. Per a press release published on Nov. 18, Radpay completed a $1.2 million series seed round that reflects a 20% oversubscription. The company saw financial support from a number of Silicon Valley investors, Phoenix-based investment firms Resiliency Ventures and BlackLaunch, and […]

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