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Bitconnect a Ponzi-scheme says Ethereum co-founder
Ethereum co-founder, Vitalik Buterin, has spoken out against BitConnect as being a ponzi scheme.
November 7, 2017
Fake Poloniex apps on Google Play Store steal users’ funds
These apps attempt to obtain user credentials in order to steal funds. The apps were made to look like the official app of the popular cryptocurrency exchange, Poloniex.
November 7, 2017
Bitcoin mining contributes to climate change
New studies have revealed that mining a single Bitcoin requires more electricity than a household’s average weekly consumption.
November 7, 2017
Major Chinese Cryptocurrency trade platforms launch P2P exchanges
According to cnLedger, two of the biggest cryptocurrency exchange platforms in the Chinese market are planning to re-launch trading operations after the Chinese cryptocurrency ban. cnLedger is a trusted news source within the Chinese cryptocurrency industry. On October 29th, it tweeted that OKEx and...
November 7, 2017
Buterin reveals future plans for Ethereum
The 23-year-old Ethereum project creator revealed his future plans for the cryptocurrency.
November 7, 2017
Central Bank of Swaziland considers deploying digital currencies
Different countries’ governments have different policies regarding the use and trade of digital currencies. Some are making efforts to regulate them, few intend to issue a complete ban on them, and others recognize virtual currencies as an innovative technology and plan on making use of them after thorough...
November 7, 2017
R3 plans a DLT-based instant international payments platform
Enterprise software firm, R3, claims to have put forward a solution that utilizes distributed ledger technology (DLT) to introduce a faster, quicker, and cheaper way of facilitating international payments. In collaboration with the company’s 22 member banks, the product is developed on top of R3’s Corda...
November 7, 2017
Hackers use SSH credentials to hijack Ethereum mining scripts
Attackers have been using Ethereum’s default SSH Credentials to search the internet for all Ethereum mining software.
November 7, 2017
US senate open to amendments in bill S.1241
This May, bill S.1241 was introduced to the US Senate. The purpose of this bill was to combat money laundering and the requirement of this bill arose from the increasing use of digital currencies such as Bitcoin, Ethereum and others in this field.
November 7, 2017
Upcoming Bitcoin hard fork expected around November 16th
After the Bitcoin Cash hard fork took place in August, another hard fork, SegWit2x, is expected to take place on November 16th. Bitcoin has gone through forks before, but it is the first time that a split will create two competing versions of Bitcoin which will replace the original currency.
November 5, 2017
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