MyEtherWallet, a popular web-based wallet for storing and transmitting the cryptocurrency ether (ETH), suffered a DNS attack that rerouted unsuspecting users to a Russian scam site into which some victims fed their login credentials. An unsigned SSL certificate warned users before entering the phony site but some bypassed the warning, resulting in a loss of […]
While fraud and ‘bad actors’ are a concern in the crypto industry, US Rep. Patrick McHenry says Congress should not rush to regulate.
EOS is scheduled to migrate from the Ethereum network to its own on June 2, 2018, and a slew of candidates are vying for one of twenty-one supernodes that will support this new mainnet. Since the first week of March, the platform’s Steemit account, EOS Go, has posted weekly reports on the organizations that have […]
The post BitShares Review: Is This Decentralized Exchange a Game Changer? appeared first on 99 Bitcoins. BitShares (BTS) is an open source financial platform and decentralized exchange on the blockchain. Launched in July 2014, it seeks to remove much of the risk involved with centralized exchanges. Over the years, we’ve seen the high-profile hacks of […]
A California Senator’s blockchain bill is advancing in the State Legislature. Senator Bob Hertzberg, a Democrat representing the San Fernando Valley, has introduced a bill that would allow blockchain technology into formal documentation known as a corporation’s articles of incorporation throughout the state of California. Senator Hertzberg presented the bill, dubbed SB 838, to the Senate Banking and Financial Institutions […]
Goldman Sachs has made its first hire in its cryptocurrency markets unit, signalling its seriousness in helping clients to invest in digital currencies. The Wall Street bank has hired Justin Schmidt, a former trader, as vice president and head of digital asset markets in Goldman’s securities division, according to a report from Tearsheet. Since December reports […]
Coinbase has lost another appeal in a case brought by former customers of the defunct exchange Cryptsy, and the case will now proceed to a jury trial.
The Federal Reserve Bank of St Louis, one of 12 regional Reserve Banks that make up the United States’ central bank, has conducted a study asking some of the biggest questions in cryptocurrency today – and they may have found some real answers. Their researchers investigated the control structure of various currencies and looked into whether […]
WikiLeaks has had to find alternative solutions for its online shop. On April 20, 2018, the whistle-blowing document depository revealed in a tweet that Coinbase has shut down the WikiLeaks’ online store account. Even with Coinbase out as a payment processor, WikiLeaks’ online shop is still able to use CoinPayments.net for cryptocurrency payments, accepting both bitcoin […]
The debate over a controversial Ethereum Improvement Proposal (EIP) designed to restore a self-destructed smart contract holding hundreds of millions of dollars worth of ETH is heating up. EIP-999, written by Parity Technologies developer Afri Schoedon, calls for Ethereum to adopt a software upgrade that patches the UK-based company’s frozen multi-signature wallet contract library, allowing […]