Mysterious Developer bitPico Claims Responsibility for Lightning Network DoS Attack

Mysterious Bitcoin developer bitPico has confirmed rumors that they have launched an attack against the Lightning Network’s nascent mainnet implementation. The pseudonymous individual or group made the announcement on the bitPico Twitter account, describing the attack as a “stress tool” for the LN software — which just entered beta — and claiming that it had […]

Ethereum ASIC Miners Set to Hit the Market as Bitmain Begins Taking Preorders

The first Ethereum ASIC miners are about to hit the market, ushering in a new — and potentially disruptive — era for the second-largest cryptocurrency. Chinese mining hardware manufacturer Bitmain announced on Tuesday that it was accepting preorders for the Antminer E3, which is believed to be the first ASIC miner compatible with the Ethash […]

NVIDIA CEO: “Cryptocurrency Is Here to Stay”

Speaking with Mad Money host Jim Cramer, NVIDIA CEO Jensen Huang recently claimed that “cryptocurrency is here to stay,” and he “doesn’t see the craze ending anytime soon.” Though it first came to fruition in 2008, bitcoin gained a solid taste of mainstream popularity in 2017 when its price began rising faster than anyone had […]

Bitcoin News Summary – Apr 2, 2018

The post Bitcoin News Summary – Apr 2, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds.       The cryptocurrency market as a whole has been seeing major drops in price this week as a lot of investors are affected by continued regulation and bad press […]

Binance Fights Increasing Regulation

Zhao Changpeng, founder of Binance, was able to grow his company into the world’s largest digital-asset exchange by traded value in less than eight months. The exchange, however, may face challenging times as regulators worldwide start clamping down on the cryptocurrency market. Zhao has described regulation as a risk for Binance. Binance Under Pressure as Regulators Clamp Down […]

Contract Vault Announces Vault Token Crowdsale

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