‘Proof Of Keys’ Wants You to Get Your Bitcoin Off Exchanges on January 3

Cryptocurrency investor and entrepreneur Trace Mayer plans to use the anniversary of the Bitcoin genesis block to make holders reclaim their private keys. Mayer To Bitcoin HODLers: Reclaim Sovereignty In a video introduction to the plan, which he dubbed ‘Proof of Keys,’ Mayer appealed to the Bitcoin community to remove all funds not under their […]

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Bitcoin 51% Attack is Unrealistic, New Study Concludes

A Bitcoin 51% attack would be futile for attackers as it would require “significant expenditure” and “little financial returns,” according to a new study, which concluded that Bitcoin is secure. Bitcoin 51% Attack Requires ‘Significant Expenditure’ Professor Saravanan Vijayakumaran, an Associate Professor of the Department of Electrical Engineering at the Indian Institute of Technology (IIT) Bombay […]

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New Samourai Wallet Feature Makes Bitcoin Transactions Private

A 2-wallet Samourai Stowaway offers to make transactions private by masking user identity while keeping funds safe. Bitcoin Transactions Are Pseudo-Anonymous Bitcoin (BTC) 00 transactions are often described as anonymous because users can exchange the cryptocurrency without providing any personally identifying information. However, Bitcoin transactions are pseudo-anonymous. The history of each Bitcoin transaction is permanently […]

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51% Percent Attacks: Hacking a $2 Billion Dollar Cryptocurrency for Less Than $1.5 Million

Matthew Hrones · May 27, 2018 · 7:00 am Some PoW currencies are using the same mining algorithms as their larger counterparts, making it much easier to hack the smaller networks with a 51% attack. Network Security Blockchain technology is revered as being a completely secure system, but that isn’t necessarily the case. The tech […]

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Operation Cryptosweep: Cryptocurrency Scammers Beware

Nick Chong · May 22, 2018 · 10:00 am A joint force, comprised of regulatory bodies from the U.S. and Canada, has announced that they will be facing cryptocurrency scams head-on and will investigate companies which do not practice the best principles. Coming Together to Form ‘Operation Cryptosweep’ The Texas State Securities Board has just […]

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FBI: Watch Out for Fake Cryptocurrency Exchange ‘Support Staff’

Nikita Blows · April 1, 2018 · 9:00 am The FBI’s Internet Crime Complaint Center has noted a drastic increase in online crime, with crypto holders being targeted by dodgy helplines and tech support centers. Most companies want to keep the customers happy. Satisfied clients are more likely to be loyal and to refer the […]

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Half of Coincheck’s Stolen NEM May Already be Laundered

Adam James · March 19, 2018 · 9:30 am Hackers involved in the high-profile Coincheck heist earlier this year may have successfully converted half of the stolen NEM tokens into other digital currencies. Hung out to Dry As reported by Japan Today, hackers involved in the large-scale Coincheck heist may have utilized the anonymous “dark […]

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