Various ERC20 Tokens Favor Centralized Asset Control Features

A new trend has begun to emerge in the world of cryptocurrency. Various new coins and tokens have an underlying “freeze asset” function. Although this feature has proven useful in certain cases, it also highlights the high degree of centralization associated with these projects. Coin Freezing Features Are Oddities On paper, it makes no sense … Read more

Monero’s Bulletproofs Implementation Receives a Favorable Audit

Monero’s developers have been working on various new features meant to improve the privacy-oriented currency. One of the developments to keep an eye on goes by the name of Bulletproofs. This particular feature has proven difficult to integrate, although an initial security audit by Kudelski Security shows the implementation is going according to plan. Bulletproofs Are … Read more

Omni Layer Fork Called ‘Wormhole’ Debuts for Bitcoin Cash

According to a report on the social media platform Yours.org, software developers associated with the mining giant Bitmain plan on launching a smart contract protocol for the Bitcoin Cash (BCH) network. The project called ‘Wormhole’ will utilize the increased data-carrier-size and OP_Return transactions alongside a protocol based on the Omni Layer project. Also read: Group or … Read more

Decentralized Exchanges’ ERC20 Trading Volumes Can Be Easily Manipulated

Most cryptocurrency enthusiasts have very high expectations for decentralized exchanges. DEXs embrace the decentralized aspect of cryptocurrencies and remove the need for custodians. Even so, these exchanges cannot solve all the world’s problems, as manipulation of trading and volume remains a pressing issue. Manipulating Decentralized Exchange Trading Volume A very intriguing Medium post surfaced over … Read more

Change.org Petition Attempts to Fight for Ross Ulbricht’s Freedom

After being denied a post-conviction relief extension in February 2018, Ross Ulbricht’s family and legal team filed a Petition of Certiorari with the U.S. Supreme Court based on constitutional violations in the investigation and at sentencing. The petition was supported by 21 organizations, however, the Court denied Ulbricht’s petition on June 28. The fight to … Read more

ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts

According to reports the social media platform Twitter has been deleting millions of fraudulent accounts per day, and stated during the first week of July that it suspended more than 70 million accounts throughout May and June. However, the cryptocurrency industry is still plagued by tons of ‘ETH scam-bots’ pretending to be bitcoin luminaries and … Read more

League of Legends PH Client Facilitated Cryptojacking Due to Modified Code

Popular online games have always been a prone target for criminals and hackers. Although these incidents are usually aimed at collecting users’ in-game items or payment information, a new trend has begun to emerge. Various sources claim the League of Legends PH client was briefly infected by cryptocurrency mining malware last week. Cryptojacking Is a Very … Read more