$100M of Ethereum Tied to Plustoken Scam Sparks Wild Theories

$100M Worth of Ethereum Tied to Plustoken Scam Sparks Wild TheoriesDuring the last two weeks as cryptocurrency prices slid below long term foundational support, speculators assumed Plustoken scammers may be behind the dump. Blockchain intelligence firm Chainalysis published a report which claimed Plustoken coin sales might be dragging BTC prices down. Moreover, on December 19, Plustoken scammers moved 789,525 ETH ($101 million) from one address […]

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Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin

Fortress Renews Offer to Buy Mt Gox ClaimsAccording to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners and the Chain’s Upcoming Fork […]

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BCH Is An A-Class Crypto for Auditability

BCH: An A-Class, Top-Tier CryptoCrypto research group Coin Metrics recently released issue 30 of its “State of the Network” series, which ranks crypto assets by auditability. Taking into account node operation, synchronization, normal operation, code audit and extraction of ledger data, the top 10 cryptocurrencies by market cap were ranked. These were also ranked on ease of ledger reconstruction, […]

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Reports Criticize Bitcoin SV Miners and the Chain’s Upcoming Fork

Two Reports Criticize Bitcoin SV Miners and the Chain's Upcoming ForkIn the last two days there have been two critical posts published against the Bitcoin Satoshi’s Vision network (BSV). On December 17, Binance Research published an allocation mining report that analyzed the mining activities of BTC, BCH, and BSV and the research detailed that BSV miners are mining irrationally to protect their investment. The following […]

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European Central Bank’s CBDC Borrows Bitcoin’s Pseudo-Anonymity

European Central Bank's CBDC Borrows Bitcoin's Pseudo-AnonymityOn December 17, the European Central Bank (ECB) published a report that showcased its blockchain technology proof-of-concept. One particular feature the central bank digital chain holds is the ability to issue “anonymity vouchers.” Also read: Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’ ECB Report Explores Anonymity in Central Bank […]

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Travelbybit to Drop Bitcoin Payments After Viral Double Spend Video

Travelbybit to Drop Bitcoin Payments After Viral Double Spend VideoOn December 18, Bitcoinbch.com published a video explaining how easy it is to double spend BTC transactions in the wild. Not long after the film was released, the payment processor Travelbybit announced it would be removing both BTC and BCH payments for over 400 Australian merchants. Unfortunately, a few BTC proponents claimed BCH has the […]

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Australia Probes Big Four Bank Accused of 23 Million Money Laundering Breaches

Australia Probes Big Four Bank Accused of 23 Million Money Laundering BreachesWith stricter new regulations on the horizon for the crypto space around the world, Australians have found that it’s actually their traditional financial institutions that have been breaching well-established anti-money laundering rules and other industry standards this year. Westpac, one of the country’s largest banks, is now under investigation for millions of purported violations of […]

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Video Shows How Easy It Is to Double Spend BTC Using RBF

Video Shows How Easy It Is to Double Spend BTC Transactions Using RBFOn December 18, the web portal Bitcoinbch.com published an informal notice explaining that merchants accepting BTC should switch to BCH because of “dangerous flaws” found in the BTC software. The problem is tied to slow confirmation times tethered to a BTC-based protocol called Replace-by-Fee (RBF), which gives individuals the opportunity to double spend on merchants. […]

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Market Update: Bears Claw Crypto Prices Below Long-Term Support

Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May as the market valuation of the entire cryptoconomy is struggling to […]

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Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’

Fidelity Launching Crypto Services in Europe, Citing 'Significant Interest'Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of slowing,” the company revealed. Also read: Regulatory Roundup – Crypto ‘Inevitable’ in India, China […]

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