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Some exchange operators have found a new trick to artificially pump up their trade volume. They are directly rewarding users with their own issued tokens for generating transactions, something critics call a backdoor ICO ripe for manipulation. Also Read: If You Can’t Beat Them, Join Them – Bitcoin Is Hiring Regulators Trading as Mining High … Read more
The Delhi-based cryptocurrency trading platform Coinsecure has officially announced its claims process for customers who were affected by the culprit who stole 438 BTC from exchange this past April. The firm plans to compensate Coinsecure users with Indian rupee as long as they sign an agreement that releases the company from any future liability. Also … Read more
While everyone is looking for an indication that institutional money is about to flood into bitcoin and revive the market, we just got another conformation that crypto has indeed entered the big leagues. Companies in the industry are now putting former regulators on their payroll, as is common for Wall Street mega banks, government-supported telecom … Read more
There’s nothing remarkable about a bitcoin transaction; it happens hundreds of thousands of times a day. But there’s one set of addresses whose contents are watched with hawk eyes. Should so much as a satoshi move from one of those wallets, it will spark global headlines and make the markets go loco. That’s because those … Read more
While short term investors and speculators might not be in the best of shape right now, the long term development of the ecosystem is still advancing on pace. Companies and institutions are continuing to invest time and money for furthering cryptocurrency research as can be seen by the stories featured in today’s edition of Bitcoin … Read more
Electronic music futurist, Gramatik, released a groundbreaking song and accompanying video, highlighting the development of money. With all the trash in popular culture when it comes to cryptocurrency (drugs, terrorism, etc.), his ‘Future Crypto’ is a welcome respite. Speaking of trash, Netflix greenlights Vox’s horrible episode five in its first season of ‘Explained,’ where it … Read more
This Sunday news.Bitcoin.com reported on a community-driven Bitcoin Cash network stress test taking place this September. However, allegedly another stress test is in the works with malicious intent, according to a lesser known developer named Bitpico. The anonymous person claims the attack has already started, and emphasizes his blitz of spam will amplify over time. … Read more
When making investment decisions it is always important to remember the old saying, “If something looks too good to be true, it probably is.” This is especially true if anyone promises you a bitcoin mining rig, which people wait for months in advance, at just a third of the retail price. Also Read: Silicon Valley … Read more
Every week, the news.Bitcoin.com inbox, and that of every other crypto newsdesk, fills up with press releases festooned with gratuitous use of the word ‘blockchain’. We’re not against blockchain technology – all of our favorite cryptocurrencies are reliant on it – but we’re vehemently against things being given blockchain that have no right to that … Read more
In today’s edition of Bitcoin in Brief, “U.S. person” Phil Potter, Chief Strategy Officer at crypto exchange Bitfinex, is departing the company as it pivots away from the United States. In America, the Supreme Court mentions Bitcoin and cowrie shells in the context of money. On Capitol Hill, congressmen have been warned to disclose their … Read more