Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break

Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could BreakAccording to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most of today’s digital communications, including cryptocurrencies, leverage public key encryption and CISA believes when “quantum computers […]

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Self-Proclaimed Bitcoin Inventor Jörg Molt Arrested for Alleged Crypto Pension Fraud

Self-Proclaimed Bitcoin Inventor Jörg Molt Arrested for Alleged Crypto Pension FraudIn 2019, a man with Fabio-like hair entered the cryptocurrency scene with questionable claims when he told a slew of people he helped co-found the creation of Bitcoin. The self-proclaimed Bitcoin inventor named Jörg Molt not only offered a “Satoshi School” but allegedly ran a number of scams on the side. The publication Bild reports […]

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Taproot Lock-in Achieved — Bitcoin Network Set to Activate Biggest Upgrade in Four Years

Taproot Lock-in Achieved — Bitcoin Network Set to Activate Biggest Upgrade in Four YearsThe ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot is now complete. Data from taproot.watch details the lock-in has been achieved and it was locked in at block height 687,285 and mined by the mining pool Slushpool. Bitcoin Taproot Lock-in Complete at Block Height 687,285 Taproot is coming this November as the web […]

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Speedy Trial Success — Bitcoin Upgrade Taproot Set to Lock-in This Weekend

Speedy Trial Success — Bitcoin Upgrade Taproot Set to Lock-in This WeekendOn Friday, June 11, 2021, data shows that Taproot could get locked-in this coming weekend, as the signal ratio is 98.3% and a touch more than 100 additional signaling blocks are needed to lock in the upcoming soft fork. Bitcoin Upgrade Taproot Inches Toward Lock-in, Success Means Activation in November Participants involved with the Bitcoin […]

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Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive

Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New DirectiveFollowing the outcry over the Central Bank of Nigeria’s latest directive that targets cryptocurrencies, the institution has reaffirmed its stance with another statement. In the latest five-page document, the CBN insists that this directive is intended to protect the country’s financial system from the “risks” that are associated with cryptocurrencies. Debunked Claims Still, the central […]

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Vitalik Buterin Warns Current Crypto Wallets Are Not Ready for Mainstream Adoption

Vitalik Buterin Warns Current Crypto Wallets Are Not Ready for Mainstream AdoptionThe cofounder of the world’s second-largest cryptocurrency, ethereum, warned about crypto wallet vulnerabilities, claiming the tools are not ready for widespread adoption and encouraged to open more discussions on security matters. Buterin Calls for More User-Friendly Crypto Wallets for Non-Technical Users During the 4th day of Labitconf 2020 on December 10, 2020, Vitalik Buterin participated […]

The post Vitalik Buterin Warns Current Crypto Wallets Are Not Ready for Mainstream Adoption appeared first on Bitcoin News.

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Bitcoin Evangelist Andreas Antonopoulos Plans to Testify in Billion-Dollar Bitcoin Lawsuit

Bitcoin Evangelist Andreas Antonopoulos Plan to Testify in Billion-Dollar Bitcoin LawsuitOn Monday evening November 16, the popular bitcoin evangelist Andreas Antonopoulos tweeted about his upcoming role in the high-profile billion-dollar bitcoin lawsuit, Kleiman v. Wright. Antonopoulos said that he will be “testifying at trial” during the month of April 2021, even though Craig Wright’s defense team tried to exclude him. It seems the ongoing high-profile […]

The post Bitcoin Evangelist Andreas Antonopoulos Plans to Testify in Billion-Dollar Bitcoin Lawsuit appeared first on Bitcoin News.

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