Monthly Archives: December 2019

Live Streaming Platform Dlive Joins Bittorrent Ecosystem

Live streaming platform Dlive will soon be joining the Bittorrent ecosystem and begin migrating to the Tron blockchain. The Twitch alternative will no longer support the Lino blockchain after the transition to Tron is complete. Also Read: Youtube Star Pewdiepie Joins Live Streaming Platform That Accepts Cryptocurrency Dlive Enters Justin Sun’s Orbit Bittorrent has announced that Dlive, a blockchain-based content sharing platform, will be joining its ecosystem and begin a migration to the Tron blockchain. Last year Justin Sun, the founder of “decentralized web” crypto Tron, has […]

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Chrome Browser Extension Ethereum Wallet Injects Malicious JavaScript To Steal Data

‘Shitcoin Wallet,’ an Ethereum wallet available as a Chrome Browser extension, is injecting malicious javascript to steal user’s data. An Ethereum (ETH) wallet known as “Shitcoin Wallet” is reportedly injecting malicious javascript code from open browser windows to steal data from its users. On Dec. 30, cybersecurity and anti-phishing expert Harry Denley warned about the potential breach in a tweet: – Source Twitter According to Denley’s tweet, Chrome browser crypto wallet software Shitcoin Wallet is targeting Binance, MyEtherWallet and other well-known websites containing users’ passwords and private […]

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The Taxman Is After Your Bitcoin: Harvest Your Losses Before It’s Too Late

The year is coming to an end, and a lot of people have started thinking about minimizing their tax burden. If you’re a bitcoin investor, things get even more complex. The IRS recently sent out 10,000 letters to cryptocurrency investors, and this is an indication of how serious they are when it comes to cryptocurrency tax compliance. This means that bitcoin investors need to make doubly sure that they’re filing their returns as accurately as possible. At the same time, they also need to find legitimate ways […]

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Vexed Tech Entrepreneur Turns Bitcoin Hacker, Steals €1M+ from Ex-Colleagues

A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin from his former colleagues in what is purported to have been an “act of revenge.” A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin (BTC) from his former colleagues in what is purported to have been an “act of revenge.” On Dec. 22, the unnamed man was indicted by a judge in Paris on charges of theft, money laundering and fraudulently accessing data processing […]

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A Tor-Integrated Cashfusion Build for Bitcoin Cash Is Coming

On Monday, Electron Cash developer Jonald Fyookball updated the Bitcoin Cash (BCH) community in regards to the Cashfusion protocol. Fyookball revealed that Tor integration is currently in the works. The Tor-integrated Cashfusion build is “the big piece” the development team needs to get from alpha to beta stage, Fyookball detailed. Also read: Privacy-Enhancing BCH Tool Cashfusion Begins Working Behind the Scenes Tor + Cashfusion Bitcoin Cash proponents are excited to hear that developers are relentlessly working on the Cashfusion protocol. A number of BCH users already utilize […]

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At Bitcoin Magazine, Views Expressed Can Be Your Own

Bitcoin Magazine is proud to be the longest running source for Bitcoin information; but we couldn’t do it without contributions from the Bitcoin community itself.  This past year alone, more than 30 knowledgeable and passionate Bitcoin enthusiasts of different backgrounds and areas of expertise have published opinion pieces with Bitcoin Magazine. Our readers have benefited from their insightful articles on a wide variety of topics.  Below is a list of op eds from 2019 — check out the ones you might have missed or reread a few […]

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Bitcoin 2020 — Blockchain’s New Year Resolutions

Imagine that Bitcoin made itself some promises for the upcoming year — what would they be like? Most of us believe in the “New Year — New Me” rhetoric”: I’m going to lose weight, quit smoking, eat healthy, stop being lazy, spend more time with family and whatnot. Yet, losing weight usually only turns into losing motivation instead. But then, it doesn’t really make sense to laugh at our absurdities, as we humans have plenty of them. Not when it comes to New Year’s resolutions, at least. […]

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Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia

In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s world conference for decentralized financial governance, Uzbekistan’s crypto ban, and four countries’ central bank digital currency updates. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto China’s Blockchain ETF and Crypto Warnings The China Securities Regulatory Commission revealed on Dec. 24 that it had received […]

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XRP Price Lost 66% Against BTC in 2019 — Will the Pain End in 2020?

Ripple’s XRP token had a dismal 2019, losing half its value in USD and two-thirds of its value against Bitcoin, but will 2020 finally break the downtrend? Bitcoin (BTC) price has seen a significant increase in 2019 (by more than 100%), while altcoins are actually down significantly from the beginning of the year.  Moreover, most altcoin/BTC pairs have been hitting new lows, and many of the coins are still trending downwards, looking for potential support. Crypto market daily performance. Source: Coin360 One of these coins is XRP […]

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Ethereum Network Overcame Intentional Attack Affecting Parity Nodes

The Ethereum network was reportedly the target of an attacking focusing on Parity Ethereum nodes. The Ethereum (ETH) network was apparently the target of a coordinated attack, according to several analysts. Following reports that some Parity Ethereum nodes lost sync with the network, on Dec. 31, core blockchain infrastructure company Parity Technology said it believed there was an attack underway and subsequently released network upgrades to protect against it.  According to cryptocurrency security consultant Sergio Demian Lerner, the attack was implemented in a simple way, wherein “you […]

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