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On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from the proclaimed victim. […]
The post $30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources appeared first on Bitcoin News.
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Losing funds is not uncommon in the cryptocurrency space. This is primarily due to the ongoing rise in SIM swapping attacks. Several users have fallen victim to a SIM swap in recent years. BCH SIM Swap Story Seems Questionable It has proven to be a very effective method for criminals to exploit. One user claims to have lost over $45 million in holdings not that long ago. Of this funds, two-thirds was kept in Bitcoin Cash, whereas the remainder is in Bitcoin. Keeping such vast amounts on an exchange is asking for trouble. Criminals can monitor public blockchains with ease,
The post The $45 Million SIM Swap Story Involving BCH and BTC Remains Questionable appeared first on The Merkle Hash.
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The anticipation for the block reward halving for BTC, BCH, and BSV has been building. All three cryptocurrencies will see rewards halved from 12.5 to 6.25 coins throughout the months of April and May. The following is a comprehensive list of websites that are counting down each crypto’s reward halving in different ways, so people […]
The post Get Ready for the Bitcoin Halving – Here Are 9 Countdown Clocks You Can Monitor appeared first on Bitcoin News.
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On February 20, Bitcoin Cash engineers held the second 2020 BCH developers’ meeting and the first since the Infrastructure Funding Plan (IFP) was added to the Bitcoin ABC version 0.21.0 client. Seven developers discussed new features that are coming after the May upgrade, but a majority of the conversation focused on the ongoing IFP discussion. […]
The post BCH Funding Debate: Amaury Séchet Responds to IFP Questions, Noting Contention in the West appeared first on Bitcoin News.
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Cryptocurrency markets have experienced a few intensive weeks since the start of the year that took prices to 2020 highs in mid-February. The overall bullish sentiment is attracting more interest towards the crypto space. There are many ways to get started with Bitcoin but one the most accessible options is to find an ATM supporting […]
The post How to Find Your Nearest Bitcoin ATM appeared first on Bitcoin News.
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During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining rig companies and second-market suppliers are feeling significant […]
The post Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners appeared first on Bitcoin News.
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On February 19, a group of well known software developers announced the launch of a new Bitcoin Cash full node with the Infrastructure Funding Plan (IFP) removed from the codebase. The news was announced on the read.cash platform by the developer Freetrader who told the public that strong demand from businesses, miners, mining pools, and […]
The post BCH Funding Debate: Developers Plan to Launch IFP-Free Version of Bitcoin ABC appeared first on Bitcoin News.
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Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App […]
The post Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium appeared first on Bitcoin News.
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On February 15, a user on the read.cash blog site announced the development of a new Bitcoin Cash fundraising project called Flipstarter.cash. The developers behind the platform highlighted the recent questions people have been asking about voluntary funding of the Bitcoin Cash commons. The Flipstarter team plans to release an application that allows people to […]
The post Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App Flipstarter appeared first on Bitcoin News.
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Recent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in the U.S. just over one year of liquidity. In […]
The post Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up appeared first on Bitcoin News.
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