As I covered the CoinCheck Hack last week and updated on the story this week, the choices and decisions made by some of the stakeholders have somewhat perplexed me. Particularly NEM and their "Blacklist" implementation to dealing with the stolen funds, ensuring that they are to be frozen as soon as they step onto an…
January 26th marked the date when CoinCheck, a top performing Japanese cryptocurrency exchange publicly shared that they've been hacked. Soon after information was shared that Ripple and XEM were stolen, but the former was dismissed as additional info transpired that Ripple tokens were taken out of the exchange as a precaution.
This is a follow up…
Merklized Abstract Syntax Tree (MAST) is a BIP (Bitcoin Improvement Proposal) that will enable Bitcoin to facilitate incredibly complex smart contracts, by extrapolating the power of Merkle trees and adding onto the current P2SH (Pay to Script Hash) capabilities of Bitcoin.
This is what a P2SH transaction would look like if visualized.
Combining the best of both worlds…
In this article, we will discuss the cryptocurrency mining industry and the frustration it causes for gamers around the world, as well as how the top two GPU companies Nvidia and AMD are handling the issue.
Cryptocurrency mining causes gamers to twaddle in frustration
Cryptocurrency mining has left the video gaming industry without the tools of…
A few days ago, a national news outlet CNBC released an article claiming that Bitcoin is not a currency, sourcing this opinion from a digital currency entrepreneur, Balaji Srinivasan the CEO of Earn.com, a crypto project that we've discussed here on Crypto-News.net a couple of months ago.
Bitcoin has grown up to the point where it…
Nine hours ago, the president of the foundation behind NEM shocked everybody when he posted his tweet. According to the message, Coincheck, one of the largest Japanese cryptocurrency exchanges was hacked.
It's unfortunate that coincheck got hacked. But we are doing everything we can to help. https://t.co/AH3lEDDG71 — Lon Wong (@2017Lon) January 26, 2018
It is confirmed…
It's not the first time we are going to talk about 50 Cent, a.k.a. Curtis James Jackson III. We talked about him (and how he made this now popularized fortune) in one of our Bitcoin History Articles, where we said that 50 Cent, for his acceptance of Bitcoin as a payment option for his album…
This article is exploring the MetaMask Ethereum and ERC20 token Wallet. You will be able to learn more about this wallet, who made it, and what are the benefits of using it. Additionally, you will also learn more about the state of crypto and will understand just how much of a large dominance Ethereum has over…
Before starting this article, I would like to give a few words of empathy to all of the investors, small and large alike, for their loss with BitConnect. We all know what the end result was (a market crash of over 80%), but we don't know the real reasons why.
Here are some potential theories about…
The overwhelming interest in instant online communication is easily observed when we take a look at the number of people using these following applications:
Facebook Messenger
WhatsApp
Telegram
These are by far, the most popular instant messaging apps on the market right now. In this post, I want to talk to you about…
