Raiblocks – DIGIT INFO

Nano seeks $700K in costs from plaintiff who dropped class action with ‘absurd’ claims

The ongoing Nano saga has taken another twist with a token holder dropping his case.

Three Cryptocurrencies Whose 2017 Gains Beat XRP

When media outlets report on the massive gains seen by cryptocurrencies in the monumental year of 2017, they often reference Ripple (XRP) as the biggest winner, which gained 36,000% in value from start to end. While Ripple did see the greatest price increase throughout the year among large and well-known coins, there are a number of other coins which far outperformed even Ripple. Pepecash On January 1, 2017, an infant Counterparty (XCP) based artwork registry system known as Pepecash was quietly cultivating a community of artists and meme enthusiasts. In mainstream media, Pepe the Frog had been subject to much controversy due to its association

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Bad Code Has Lost $500 Million of Cryptocurrency in Under a Year

Bad Code Has Lost $500 Million of Cryptocurrency in Under a Year Cryptocurrency can be lost in a variety of ways, from hacking to forgotten passwords and failed flash drives. But in dollar terms, one of the biggest causes of crypto losses is bad code, and it’s not usually the fault of the coin’s developers. Instead, third parties, including shoddy smart contract developers and shady exchanges, are […]

The post Bad Code Has Lost $500 Million of Cryptocurrency in Under a Year appeared first on Bitcoin News.

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$150 Million Worth of Nano Allegedly Stolen From Cryptocurrency Exchange BitGrail

$150 million worth of Nano, formerly known as RaiBlocks, were stolen from BitGrail, a cryptocurrency exchange based in Italy, merely two weeks after Coincheck experienced the largest cryptocurrency hacking attack in history. In an official statement, the Nano core team stated that Francesco “The Bomber” Firano, the owner and operator of BitGrail, notified the Nano team about the unauthorized movement of funds from the wallets of BitGrail to external wallets. During a conversation with the Nano core team, Firano suggested the Nano team to alter the ledger, or essentially fork the Nano blockchain, to restore the funds stolen from the

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Cryptocurrency Exchange Bitgrail Suspends Operations After ‘Losing’ $170 Million of Nano

Cryptocurrency Exchange Bitgrail Closes After ‘Losing’ $170 Million of Nano Bitgrail, an exchange whose primary purpose was to facilitate the trading of nano, has folded after ‘losing’ 17 million XRB, valued at around $170 million. The Italian exchange had been offline for weeks, and its customers feared the worst. Today, its operator “Francesco The Bomber” confirmed the bad news, which gained short shrift from the […]

The post Cryptocurrency Exchange Bitgrail Suspends Operations After ‘Losing’ $170 Million of Nano appeared first on Bitcoin News.

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BitGrail Forces Extra-EU Users to Close Their Accounts

Things are not looking all that great for the BitGrail service right now. As the company is being forced to verify users’ identities, they have a lot on their plate. Moreover, it seems they will only verify the identities of their European users. It is a bit unclear what this means for the company as a whole, though. Some users expect BitGrail to leave non-European customers in the cold, but that doesn’t appear to be the case just yet. What is Going on With BitGrail? Some cryptocurrency enthusiasts may be familiar with the BitGrail project. This cryptocurrency exchange has become

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RaiBlocks May Rebrand to Nano in the Next Few Weeks

It does not happen all that often that we see cryptocurrencies undergo a rebranding. In most cases, there is no reason to do so, especially not when a team has built up a solid reputation. RaiBlocks, a project which has recently started to gain major traction, will apparently rebrand itself in the next few weeks. The currency will reportedly move forward under the name Nano, which makes a lot more sense from a marketing point of view. Raiblocks Could use a Name Change It is always interesting to see existing cryptocurrency projects suddenly change their names. Since this hasn’t happened all that often in

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Five Trading Strategies to Build BTC Wealth During Altcoin Downtrends

During a remarkable year for Bitcoin, and especially the past six months, many altcoins have seen an ever-dwindling BTC price. In response, many traders have shifted their focus to prioritizing dollar profits rather than Bitcoin. While it is much easier to be USD-profitable while Bitcoin surges, there are still a number of strategies traders employ to continue to accumulate BTC, even while most alts have struggled to keep up with Bitcoin’s massive surge. Here are five strategies that allow traders to continue to profit while altcoins are red across the board. Trading on small exchanges In past altcoin bear trends, those coins that are traded on

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