Cryptocurrencies

Researchers Say New Lightning Network Attack Could Create ‘Chaos’

Researchers Say New Lightning Community Assault May Create ‘Chaos’

A examine printed on June 29 revealed a option to drain Bitcoin (BTC) wallets’ funds on the Lightning Community by exploiting a bottleneck within the system. Based on the “Flood & Loot: A Systemic Assault On The Lightning Community” paper, Jona Harris and Aviv Zohar from the Hebrew College in Israel evaluated a systemic assault …

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Ghost Coin to be Deployed as Payment for Hong Kong Vending Machines

Ghost Coin to be Deployed as Fee for Hong Kong Merchandising Machines

Ghost Coin, the proof-of-stake privateness coin led by John McAfee, can now be utilized in merchandising machines in Hong Kong Disneyland. Ghost introduced on Twitter that it partnered with crypto fee system ivendPay to deploy the coin in over 60 merchandising machines round Hong Kong, even these in Hong Kong Disneyland.  “After we 1st launched …

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Australians Lost More Than $14M to Crypto Scams in 2019

Australians Misplaced Extra Than $14M to Crypto Scams in 2019

Australians filed 1,810 reviews of cryptocurrency-related scams in 2019, collectively totaling greater than $21.6 million AU ($14.9 million USD). In line with a research by Scamwatch, an arm of the Australian Competitors and Client Fee, youthful Australians aged 25 to 34 had been these most closely affected by crypto funding scams. In line with the …

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Blockchains Are an Excellent Solution for Privacy, Part 2

Blockchains Are an Wonderful Resolution for Privateness, Half 2

From a technical viewpoint, blockchain is a rising data checklist that’s cryptographically tied to and managed by a peer-to-peer community. On the identical time, they be part of a protocol of communication amongst nodes to validate new blocks. Primarily, a blockchain is a manner of validating knowledge transactions in a everlasting and immutable method to …

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One Month Left to Crypto Tax Season — 5 Critical Mistakes to Avoid

One Month Left to Crypto Tax Season — 5 Important Errors to Keep away from

There is just one month left till america tax season. After being prolonged because of the COVID-19 pandemic, the official deadline to file tax returns is now July 15. In the event you assume that the U.S. Inner Income Service is all hung up on coping with the COVID-19 stimulus bundle and won’t fastidiously study …

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Singapore Carpooling App Ryde Launches Wallet for BTC Payments

Singapore Carpooling App Ryde Launches Pockets for BTC Funds

Singaporean carpooling app Ryde introduced the launch of its personal cryptocurrency pockets which is able to facilitate Bitcoin (BTC) funds for its service. In an announcement shared with Cointelegraph on June 17, Ryde claims to be the primary and solely ride-hailing software to include Bitcoin funds into its ecosystem. The agency’s clients will be capable …

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SIM Swap Hackers Target Crypto Investors — Cell Services Not Available

SIM Swap Hackers Goal Crypto Traders — Cell Companies Not Obtainable

On June 11, it got here to gentle that California resident Richard Yuan Li had been charged with conspiracy to commit wire fraud for his function in a lot of SIM swap assaults that focused not less than 20 people. Not solely that, however as a part of his elaborate cash swindling scheme he additionally …

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Driven by Financial Institutions, Stablecoin Acceptance Turns a Corner

Pushed by Monetary Establishments, Stablecoin Acceptance Turns a Nook

Main monetary establishments love certainty, and that can assist the crypto neighborhood immensely. Let’s get all the way down to fundamentals: A stablecoin is a sort of digital asset designed to resolve the issue of the hypervolatility of cryptocurrencies. This 12 months is an thrilling time for stablecoins as curiosity amongst monetary establishments picks up …

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Options Trading Is a Huge Step for the Crypto Derivatives Market

Choices Buying and selling Is a Big Step for the Crypto Derivatives Market

For these of us concerned within the cryptocurrency area, we have gotten used to the fast-paced nature of this quickly rising trade. New expertise shortly turns into previous, brilliant shiny initiatives lose their luster, and what began out as just a few privateness advocates sending “magic web cash” to 1 one other has mushroomed into …

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