Monthly Archives: November 2019

The North American Bitcoin Conference Returns

TNABC and Miami Blockchain Week return to kick off 2020. On the 16th and 17th of January, 2020, pioneers of the global Bitcoin and blockchain community will converge in Miami for a historical conference, continuing to propel cryptocurrency from niche to mainstream. Now in its seventh year, The North American Bitcoin Conference is the longest-running and most attended finance conference for the Bitcoin, blockchain and cryptocurrency industries with over 20,000 attendees since 2013. Additionally, a key focus of the 2020 conference will be a focus on enterprise, […]

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SIM-Swap Victim Sues Crypto Exchange Bittrex for $1M Bitcoin Theft

Gregg Bennett, a SIM-Swap hack victim and angel investor, sued cryptocurrency exchange Bittrex over allegedly allowing the theft of nearly $1 million in Bitcoin. Gregg Bennett, a SIM-swap hack victim and angel investor, sued cryptocurrency exchange Bittrex over allegedly allowing the theft of nearly $1 million in Bitcoin (BTC). According to a press release published on Oct. 30, Bennett believes the exchange violated its own security standards and allowed hackers to steal his cryptocurrency in April. The lawsuit, filed in King County Superior Court, suggests that the […]

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Crypto Under Attack: The Five Worst Hacks That Shook the Crypto World

Cryptocurrency hacks have increased alongside adoption. Here’s a list of five hacks that shook the crypto world. In tandem with improvements in technology and security, hackers have started getting more creative with the scams and hacks they carry out. You could be one click away from malware, causing harm to your files and crypto assets. If you’re on a network that is used by billions of people every day, then I would like to burst the bubble and tell you that no matter what, you are prone […]

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Court Orders $4M in Penalties for Investment Fraud Involving ATM Coin

A U.S. court has ordered defendants in a fraud case to pay over $4 million in penalties for running a scheme with the “worthless” ATM Coin. A New York court has ordered defendants to pay $4.25 million in penalties for investment fraud involving the cryptocurrency ATM Coin. Case first brought by the CFTC in April 2018 On Nov. 1, the United States Commodity Futures Trading Commission (CFTC) announced that the U.S. District Court for the Eastern District of New York has entered an order against several entities […]

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Crypto Winter Claims Another Victim as DX Exchange Closes

The digital assets market has been on an upward trend recently, with top cryptocurrencies such as BTC and BCH maintaining higher price levels. Unfortunately, this comes too late for some ventures in the field. The latest to cease operations is DX Exchange, which is now looking for a way to exit the market. Also Read: Cred Merchant Solutions to Help Unbanked Business Sectors DX Exchange Is Looking for a Buyer Estonia-based digital assets trading venue DX Exchange has announced that as of Sunday, November 3, the platform […]

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Deutsche Telekom’s Blockchain Firm Partners With Malta Gov’t Agency

A Maltese government agency supporting business development, Malta Enterprise, signed a memorandum of understanding with blockchain service firm T-Systems. Maltese government agency supporting business development, Malta Enterprise, signed a memorandum of understanding with Blockchain-as-a-Service service firm T-Systems, parent company Deutsche Telekom announced on Oct 30. Deutsche Telekom launched the Blockchain Ecosystem (GBE) at the end of last month, as reported by Cointelegraph Germany. Now, the Maltese agency will become T-System’s first partner gaining access to the GBE, which can reportedly be used to track a product’s value […]

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Initiative Including Microsoft, Intel and IBM Introduces Token Standards

The Token Taxonomy Initiative has released a framework that aims to standardize the construction of different types of tokens. The Token Taxonomy Initiative (TTI) has unveiled a framework to standardize the construction of tokens. The initiative has made its Token Taxonomy Framework (TTF) available to the public, according to a press release shared with Cointelegraph on Nov. 4. The platform-neutral framework will purportedly provide a set of definitions for tokens in various implementations. The TTI includes a common set of concepts, definitions of tokens and their use-cases […]

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Beyond China and North America: The Decentralization of Bitcoin Mining

Most of what you’ll read about bitcoin mining will be about mining operations in China and North America, but there is a small, growing sector of active mining operations in parts of the world that you don’t often hear about, in countries like Norway, Russia, Venezuela and Paraguay. As China Goes, So Goes Bitcoin Mining? China currently accounts for roughly 60 percent (down from a previously estimated high of 80 percent) of global bitcoin mining. But recent signals from the Chinese government that a mining ban may […]

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Bitfinex Adds Bitcoin Bech32 Support — Hints at Lightning Network Next

Bitfinex adds Bitcoin bech32 address deposits and withdrawals as its the exchange’s CTO hints at integrating Lightning Network in the near future. Major global crypto exchange Bitfinex now supports Bitcoin (BTC) bech32 addresses generation and deposits to bech32 addresses. Following the launch of Bitcoin withdrawals on bech32 addresses on Oct. 29, Bitfinex officially announced on Nov. 4 that the exchange now also supports Bitcoin deposits to bech32. As previously announced, a bech32 Bitcoin address is a Segregated Witness (SegWit) address format specified by Bitcoin Improvement Proposal (BIP) […]

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Bitcoin Price Analyst: ‘Second Phase’ of Bull Market Triggers at $14K

A gap in Bitcoin futures trading suggests Bitcoin will try to fill remaining space around $8,600 before continuing higher, says one market analyst. Bitcoin (BTC) was trending higher on Nov. 4 as sideways behavior gave way to more purposeful upward momentum across markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin seeks to break out of trading range Data from Coin360 reveals BTC/USD tackling $9,300 on Monday, rising to a 24-hour high of $9,310 on exchanges after dipping as low as $9,080. The latest action continues the weekly […]

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