Proof of Work Coins on High Alert Following Spate of 51% Attacks

First it happened to verge. $1.8m of cryptocurrency swiped in a matter of hours. Then to bitcoin gold, plundered in an $18m double spend attack. Then to verge again, this time to the tune of $1.7 million. Along the way, monacoin is also believed to have been hit. Someone is methodically working their way through […]
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Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered for Bitcoin Cash

Bitcoin in Brief today features a couple of announcements adding to the growing number of bitcoin cash adoptions. A luxury cryptocurrency concierge now accepts BCH for the items it offers to the crypto rich – a logical step, according to its founder. An online travel agency is introducing three new coins to its payment options, […]
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Date Set: Japan’s Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6

Japan’s GMO Internet announced that it will unveil its flagship bitcoin mining machine, called GMO miner B2, equipped with the 7nm chips on June 6. Interested customers can register now for the upcoming information session. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Launching on June 6 The wait for 7nm bitcoin mining products […]
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Tezos Community Petitions to End the Class Action Lawsuits

Tezos was conceived as a governance-based blockchain to rival Ethereum, but it’s become more synonymous with protracted legal battles and internecine conflict. As the latest class action lawsuit drags its way through the courts, the Tezos community has petitioned for an end to all the legal turmoil so that everyone can move on. Also read: US […]
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Bitcoin Gold Hacked for $18 Million

It appears Bitcoin Gold (BTG) has been double spend attacked over and over again, totalling something in the neighborhood of $18 million at current prices. BTG forums seem to have been tracking the hack, going as far back as last week, monitoring the controversial coin’s hashrate, ultimately determining a 51% attack was under way. Also […]
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Bitcoin Use Case: Limiting Government Growth

The Institute for Justice (IJ) bills itself as the national law firm for liberty. IJ works to slow the growth of government in the US in all its forms: economic freedom, education, private property, freedom of speech, not to mention amicus briefs to the Supreme Court. Now bitcoiners can help support IJ’s valuable work, a […]
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Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex

On Wednesday, May 23 the San Francisco based exchange Coinbase announced the acquisition of a decentralized digital token relay-trading platform called Paradex. Alongside adding the decentralized exchange (Dex), the firm has also revealed it is retiring the name GDAX and that platform will soon be known as ‘Coinbase Pro.’ Also Read: Markets Update: Stormy Weather Continues […]
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Darknet Market Rapture Has Been Down for a Week — Users Grow Leery

The website Rapture Market has been down for well over a week for users who frequent the darknet, causing concern that another DNM has committed an exit scam. Currently, the market’s customers and some vendors are freaking out as the online marketplace was gaining in popularity and enjoying solid ratings with decent uptime. However, Rapture […]
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Indian Government Considering 18% Retroactive Tax on Crypto Trading, Mining

The government of India is reportedly considering levying a type of consumption tax on cryptocurrency trading and even mining. The most grievous part of this proposal is that it may also be a retroactive measure, demanding payments for past actions. Also Read: Economics Nobel Laureate Robert Shiller Examines Bitcoin in Historical Context Crypto Sales Tax The […]
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Blockchain Skills? Hired! $120,000+ Plus Bonus!

Blockchain this and blockchain that might be so much hype, but no one can deny hundreds of millions of dollars, some say billions, sloshing around the ecosystem in search of advancing technology undergirding cryptocurrencies. There’s a battle in even the broader employment market as Facebook, Amazon, IBM and others search for blockchain development talent, pushing […]
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