Bitcoin History: When DDoS Attacks Made BTC’s Price Drop

[ad_1] As anyone who has read the Bitcoin History series (or lived through the period in question) will know, the Bitcointalk forum was the crucible of debate in the early days. What’s less known is that – to quote one poster – “DDoSing this forum coincided with dumps on the then dominant Bitcoin exchange Mt. Gox.” That’s right, when the market was in its infancy, bringing a simple message board

Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors

[ad_1] Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. Lemieux believes Canaan misled investors and the Securities and Exchange Commission (SEC) in regards to the company’s financial wellbeing. Also Read: Bitcoin Cash Community Supports Greater Privacy by Donating

Binance CEO Admonishes Justin Sun Over Steem Fiasco: ‘Transparency Works’

[ad_1] Binance CEO Changpeng ‘CZ’ Zhao is distancing himself from Tron founder Justin Sun over what has been described by some as a ‘hostile takeover’ of the Steem blockchain.Sun claimed that these reports were “misleading” and that “We wanted to protect the sanctity of private property & the interests of all from malicious hackers.”Allegations that the two founders colluded created a social media frenzy in which both Sun and Zhao

Interlay Receives Web3 Foundation Grant for Bridging Bitcoin to Polkadot

[ad_1] Interoperability project Interlay has been selected to receive a Web3 Foundation grant to continue its work on Polkadot. The money will be used to develop a parachain on Polkadot that will connect to the Bitcoin (BTC) blockchain.According to the March 5 announcement, Interlay is one of the recipients of Web3 Foundation’s fifth wave of grants deliberated in Q1 2020.The Web3 Grants program funds teams and projects working to improve

Here Are the 7 Mistakes Made by New Bitcoin Traders

[ad_1] We are going to take a look at a few mistakes new Bitcoin traders often make when they have real money on the line.  How to Stay in Control as a New Bitcoin Trader Let’s take a look at common mistakes made by inexperienced traders: Entering a trade without a plan in place could get you liquidated. When you trade Bitcoin you should have a rule set which you

Blockchain Adoption Will Improve Industrial Processes

[ad_1] Corporates that advocate for Environmental, Social and Governance (ESG) responsibility initiatives should adopt blockchain technology, the CEO of Spanish blockchain software firm Finboot said on March 5th in a blog post.According to Finboot CEO and co-founder Juan Miguel Perez, to communicate the achievements of ESG initiatives, companies must obtain quantitative metrics that verify their progress and authenticate what they say. That is where blockchain technology comes in.But the introduction

UK Adds Further Regulation to Already-Strict 5AMLD Guidelines

[ad_1] To combat the alleged risks associated with crypto assets and their networks, Her Majesty’s Treasury, the United Kingdom’s finance and economics department, has added additional measures.The new Money Laundering Regulations, or MLRs position the U.K.’s Financial Conduct Authority (FCA) as the Anti-Money Laundering (AML) overseer for certain crypto objectives, Director of Retail and Regulatory Investigations, Therese Chambers said in a March 6 speech.These MLRs go “beyond the 5MLD to

Bitcoin Gold Whale Allegedly Controls Half the BTG Supply

[ad_1] According to a recent study, bitcoin gold (BTG) market prices are being manipulated by a single whale who holds a significant portion of the bitcoin gold in circulation. The Bitcoin Gold network was recently hit with a 51% attack that caused two blockchain reorganizations. The team of BTG developers introduced a new soft fork concept called a “Cross-Chain Block Notarization Protocol” (CCBN) in order to thwart any 51% attacks

BitMEX Keeps Hoarding Bitcoin, Revenues Keep Peaking

[ad_1] BitMEX remains an unstoppable force in the Bitcoin and crypto space, a top choice amongst traders looking for futures market operators. BitMEX Keeps Attracting Bitcoin Deposits BitMEX keeps adding both traders and Bitcoin to its balance. The exchange, which faced competition from various futures markets such as OKEx, CME, and Bakkt, remains the top driver of BTC price action and discovery. More than 30,000 BTC have flowed into the

How Blockchain Technology and Metadata Shredding Can Usher in a New Era

[ad_1] It has been nearly seven years since Edward Snowden blew the whistle on highly classified global surveillance programs, inciting a national conversation about privacy in the digital age. One of these revelations was that the NSA had access to the email content of Google users and the ability to map anyone’s cell phone location.It’s now been two years since the Cambridge Analytica scandal came to light, revealing that the