Category: News

Binance Vitalik Buterin

Binance CEO Responds to Buterin’s Fiery Jab at Centralized Exchanges

In a recent interview with Jon Evans at TechCrunch Sessions: Blockchain, Ethereum co-creator Vitalik Buterin made a remark that shook the crypto world. Specifically, he said that he hopes all centralized exchanges "burn in hell as much as possible". Binance...

/ July 11, 2018 / 0 Comments
Ethereum Twitter Scam

Elon Musk Impressed with Twitter ETH Scam, Operator Has “Mad Skillz”

Elon Musk, the man behind some of today's biggest companies including Tesla and SpaceX has just called the operators of the infamous and unbelievably widespread ETH scam that is saturating Twitter impressive, saying that they have "mad skillz". This comment...

/ July 10, 2018 / 0 Comments
BitConnect Class-Action Lawsuit

BitConnect Class-Action Lawsuit Grows: Adds YouTube as Defendant

The BitConnect class action lawsuit just got a new defendant - YouTube. According to a court document that was shared by Coindesk, the lawsuit has been recently updated to include YouTube as well as its parent company, Google, as defendants....

/ July 7, 2018 / 0 Comments
Waltonchain Food

Waltonchain Launches WTC-Food, a Two-Way Food Authentication System

Waltonchain has just announced their new initiative called WTC-Food. The goal of the system is to provide origin and destination tracking for food products. In an explainer video released by the group, the platform is especially targeted at countries like...

/ July 6, 2018 / 1 Comment
Japan Crypto Mining

Japan Attracts Cryptocurrency Miners Seeking Cheap Electricity Costs

Completing cryptographic problems on the blockchain grows in complexity by the day, necessitating the development of high-tech miners .  Still, one or two computers are not enough to complete profitable mining. Thus, miners have to combine several Graphic Processing Units...

/ July 6, 2018 / 0 Comments
Ripple XRP Lawsuit

Ripple Under Fire: Third Lawsuit Against XRP Filed in California Court

Ripple Labs, the company behind the XRP token is apparently back in court once again as they have just been hit with a third lawsuit from an investor. Like the two lawsuits before it, this one also claims that XRP...

/ July 6, 2018 / 0 Comments
Blockchain ID

Blockchain Based ID Systems Could be Essential in Fight Against Digital Impersonation

In a blog post on publicinterest.org last month, author Colin P. Clarke outlined how privately created and publicly accessible technologies could lead to a small group of individuals having some serious power to mess up the world as we know...

/ July 5, 2018 / 0 Comments
Moving Scam

Computer With $10K of Bitcoin Stolen During Movers Ransom Scam

Yesterday, a computer and television were stolen by a team of three suspects in Saratoga, California. The three were allegedly acting as movers and helping a family to load their items into and off of a moving truck. According to...

/ July 5, 2018 / 1 Comment
Swift

SWIFT the “Military Branch of the US Treasury Department” Says BlockTower CIO

SWIFT, the financial network that helps process bank-to-bank transfers denominated in US dollars is apparently the military branch of the US Treasury Department. That is, at least according to Ari Paul, chief information officer of BlockTower Capital, a cryptocurrency investment...

/ July 4, 2018 / 0 Comments
Bitcoin Fallacy

Bank of Finland Calls Bitcoin a “Fallacy” – Here’s Why They’re Wrong

The Bank of Finland has released a paper called "The Great Illusion of Digital Currencies". In it, author Aleksi Grym calls all cryptocurrencies "a fallacy". The author argues that "currency cannot be digitized" and that blockchain-based ledger systems are "not...

/ July 4, 2018 / 0 Comments