Cointelligence Blog

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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.
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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.
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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.
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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...
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Buterin reveals future plans for Ethereum

The 23-year-old Ethereum project creator revealed his future plans for the cryptocurrency.
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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...
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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...
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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.
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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.
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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.
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