Monthly Archives: July 2021

Bitcoin.org owner reports site hit with ‘absolutely massive’ DDoS attack

The attack comes just one week after a U.K. court ordered the website to stop hosting the Bitcoin white paper. A website aiming to support the development of Bitcoin has reportedly been hit with a DDoS attack. Cøbra, the pseudonymous owner of Bitcoin.org, reported on Twitter today that the website had been hit with an “absolutely massive” distributed denial of service, or DDoS, attack along with a ransom demand for an undisclosed amount of Bitcoin (BTC). At time of publication, Bitcoin.org is still accessible. “Back in the […]

More info

Twitter Permanently Suspends Splinterlands Account for Unspecified Violations

After tweeting through its account since 2018, Splinterlands, a blockchain-based NFT trading card game, has been banned from the service permanently as social media giant Twitter refuses to respond to appeals. Suspension Coincides With Twitter Unveiling its Own NFTs While non-fungible token (NFT) hype may have cooled, there is no shortage of controversy surrounding the space. The latest incident includes none other than the social media outlet Twitter. Although Jack Dorsey warmly embraced the NFT movement after auctioning off his very first tweet in NFT form, the […]

More info

3 reasons why Enzyme Finance (MLN) is up 92% in a week

Enzyme price doubles in a week after major exchange listings and big-name DeFi partnerships lead to a 2,000% increase in 24-hour trading volume. Decentralized finance (DeFi) has emerged as one of the most promising real-world applications of blockchain technology, capable of reshaping the face of the global financial markets and transforming the way the average person manages their money.  One DeFi focused project that has been gaining attention over the past week as the mainstream world slowly opens itself to the possibilities of DeFi is Enzyme Finance […]

More info

Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments

A Binance spokesperson reiterated to Cointelegraph that the Financial Conduct Authority’s recent edict only applied to Binance Markets Limited, or BML, which is a separate legal entity from the main global exchange that operates through Binance.com. Barclays’ decision to stop facilitating British customers’ payments to Binance has been met with criticism by the cryptocurrency exchange after a spokesperson told Cointelegraph that the bank acted with “an inaccurate understanding of events.”  “We are disappointed that Barclays appears to have taken unilateral action based on what appears to be […]

More info

HK production company plans to launch crypto-themed drama series on NFTs

The series will reportedly incorporate interactive features from video games, allowing viewers to collect scenes, characters and props within the story after its run time. A production and investment firm is launching a drama series on nonfungible tokens featuring a competition between Hong Kongers and Americans to create a digital currency. In a Sunday report from entertainment publication Variety, the AMM Global production company will be creating a 12-episode series called Crypto Keepers to premiere sometime next year. The drama, which will reportedly be released using nonfungible […]

More info

Barclays tells cardholders it’s stopping payments to Binance

The British multinational bank has informed customers it is no longer facilitating payments made to the crypto exchange, confirming reports from users over the last week. Customers have been reporting that Barclays, a British multinational universal bank, has been blocking payments to Binance cryptocurrency exchange over the last week. The financial services giant has confirmed to cardholders that Barclays debit/credit card payments to the cryptocurrency exchange will not be allowed until further notice. One of crypto investment dashboard Wealth Kode’s cofounders, who goes by Lee on Twitter, […]

More info

248% Weekly Gains — Baby Doge Coin Continues to Rally While Most Crypto Asset Markets Slump

Four days ago, the crypto community and mainstream audiences caught a whiff of a new meme-based crypto asset called baby doge. The coin got a lot more attention when Tesla’s Elon Musk tweeted about baby doge and almost immediately after the tweet, the asset’s value skyrocketed. Musk hasn’t said anything about baby doge since then, but the crypto asset has continued to climb higher in value. Weekly Stats Show Baby Doge Outshines Most Crypto Asset Market Performances Last week, Bitcoin.com News reported on the cryptocurrency called baby […]

More info

EY publishes an Ethereum scaling solution to the public domain

Global auditing giant Ernst & Young has released the third iteration of its zero-knowledge proof Ethereum scaling solution. Ernest & Young’s (EY’s) attempts to promote secure and private transactions over public blockchains at cheaper costs has culminated in the release of Nightfall 3. The company announced the news via a release on July 1, stating that Nightfall 3 combines zero-knowledge proofs with optimistic rollups — zk-Optimistic Rollups — to improve transaction efficiency on Ethereum. Indeed, zk-Rollups are one of the layer-two scaling solutions being developed to achieve […]

More info

As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges

While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has ignited a significant increase in demand for accessing storage power on both Filecoin and Chia’s proof-of-storage networks. Both networks have seen space allocation spike significantly since the bitcoin mining crackdown in China. Alternative Consensus Algorithms Reap Benefits of the SHA256 Hashrate Drop A lot has been happening in the cryptocurrency mining space recently, as the industry is […]

More info

Your keys, his coins — Cryptopia employee admits to stealing $172K in crypto

The theft was first discovered in September and was not yet connected to the crypto exchange going into liquidation the previous year. A former employee of the now-defunct cryptocurrency exchange Cryptopia has pleaded guilty to the theft of roughly $172,000 in cryptocurrency he obtained by making a copy of users’ private keys. According to a Monday report from New Zealand news outlet Stuff, the unnamed Cryptopia employee pleaded guilty in Christchurch District Court to the theft of more than $1,000 and theft “by a person in a […]

More info
1 2 3 4