5 Thoughts on the Waltonchain Network Attack

TheMerkle Walton Cryptocurrency WaltonchainWhen it comes to the different altcoins on the market, some projects tend to fare a lot better than others. This weekend, it seems the Waltonchain mainnet has come under a massive attack, Someone exploited a known bug and took advantage of it before the developers would introduce a network fix. Unfortunately, this may have been the straw that broke the camel’s back.  The Waltonchain Incident As was officially communicated on Telegram, it seems the Waltonchain main net is currently under attack by an unknown individual. Rather than just a 51% attack, it seems this individual as successfully pulled off

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Top 5 Crypto Fails of 2018

TheMerkle_Bitcon Failed 20162018 has been rough for cryptocurrencies as a whole, with coins across the board seeing significant losses and general interest in the sphere gradually declining. However, there are a number of projects that have stuck out as performing particularly badly in the first quarter. Here are five of the biggest fails: 5. Verge (XVG) Wraith Protocol Launch While Verge’s major development, the Wraith Protocol, was slated to launch at the tail end of 2017, several delays pushed the actual release of the development into early January of this year. While supporters and speculators were highly anxious to see the actualities of

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Waltonchain Forgets to Switch Twitter Accounts, Wins Own Contest

TheMerkle Walton Cryptocurrency WaltonchainImmediately after a tweet announcing the winners for its Valentine’s Day campaign, Waltonchain created a PR nightmare, publishing a response to the tweet written by an excited winner on their own account. Some responses made light of the posting error, with the first Twitter comment reading “forgot to change accounts? lol”. Others accused Waltonchain of rigging the contest and called out some of the other winners (@Waltonchainbot and @Waltonchainuk) as either bots or fake accounts. Waltonchain (WTC) is a blockchain-based project using RFID tags to monitor inventory in business supply chains. In the hours following “the Twitter incident”, as they’ve named

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How a Single Tweet Wiped $90 Million off Waltonchain’s Market Cap

How a Single Tweet Wiped $90 Million off Waltonchain’s Market CapDigital marketing guides are filled with cautionary tales of social media faux pas that have caused brand suicide. All it takes is an insensitive tweet from a marketing intern to leave a corporation groveling and its stock in the doldrums. It turns out that the world of cryptocurrency isn’t so different. After sending and hastily […]

The post How a Single Tweet Wiped $90 Million off Waltonchain’s Market Cap appeared first on Bitcoin News.

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Waltonchain’s Social Media Screw-Up Sends Market into Downward Spiral

TheMerkle WaltonChainEven though the Waltonchain project is quite popular among cryptocurrency speculators, the company has suffered a major setback. A social media campaign competition was quite successful, but one of the “bounty winners” turned out to be a member of the team itself. This colossal screw-up forced the WTC team to apologize and remove that winner from the list. WaltonChain Social Media Issues With so many competing crypto and blockchain projects on the market today, it’s become increasingly difficult to keep one’s product on the radar in between major developments. As for the Waltonchain team, they decided to organize a bounty campaign on

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What Is the Walton Cryptocurrency?

TheMerkle Walton Cryptocurrency WaltonchainVery few cryptocurrency projects have made such an impact as Waltonchain. This particular blockchain-based project has been of great interest to investors and speculators alike. Indeed, the value of the Walton cryptocurrency had soared to new heights by the end of last year. Even so, few people are aware of what this currency can be used for. Waltonchain has its own Currency Like virtually any new project focusing on blockchain technology, Walton had to have its own native currency. Without one, investors might not see the merit in the new platform. On the other hand, it would be better if existing projects embraced

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VeChain, WaltonChain Strong Through Red Sunday

TheMerkle WaltonChainAfter a strong Saturday, the global market has dropped over 10%. Bitcoin (BTC) is down 8% to US$11,500, and a over 75% of the top 100 coins have also lost Bitcoin value in the past 24 hours. However, there are a handful of strong contenders that have overcome this dip. Among these are Waltonchain (WTC) and VeChain (VEN). VEN is up 2% in USD, currently trading just above $US8.00, with a BTC value of just under 70k sats. WTC is down a slight 2% in USD, and trading around US$29.00. Today’s performance of both coins is symbolic of their sizable

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