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Hyperloop: A New Concept by Lightning Aiming to Solve Liquidity Problems

May 30, 2019

About two months ago, Lightning Labs released Lightning Loop, a service that allows users to fill or empty Lightning channels without closing them, thus reducing on-chain fees. The service, developed by Lightning Labs developers Alex Bosworth and Bryan Vu, was created to help users mana...

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Why Ethereum is Still Platform of Choice

May 29, 2019

Alternative blockchains continue to evolve but app builders still prefer Ethereum for various reasons, Set Protocol's co-founder maintains. Felix Feng touches on what he thinks gives Ethereum a higher value proposition over others in a series of tweets. They include developed infrastructure ...

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Infographic: An Overview of Compromised Bitcoin Exchange Events

May 27, 2019

The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as mar...

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Chinese Car-Hailing Company Was Hacked for Bitcoin Ransom amid Recent Bitcoin Bull

May 27, 2019

Chinese car-hailing company Yidao Yongche said its server has been under continuous attack and the hacker demanded huge amount of bitcoin for restoring data. The company took to Weibo (Twitter equivalent in China) that the sustained attack had led to its essential data encrypted and server...

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Claims of ‘51% Attack’ on Bitcoin Cash Sparks Debate

May 26, 2019

An alleged 51% attack and recent reversed transactions on the Bitcoin Cash (BCH) network have sparked morality discussions with some even suggesting an 'unintentional split'. The debate centres on whether two big mining pools were right to have reversed any transaction on the network. To som...

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NEO-Based DEX First in Asia to Trade ETH/NEO Pair

May 25, 2019

The first decentralized exchange (DEX) on NEO has announced that it now offers trading of ETH vs. NEO pair. The Singapore-based DEX, Switcheo, made the announcement on Friday May 24. Ranked 195th by CoinMarketCap in volume, the exchange currently trades more in NEO tok...

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Binance CEO CZ Sues Sequoia Capital for Damages

May 24, 2019

Binance CEO Changpeng Zhao is suing VC giant Sequoia Capital for damages, claiming the latter hurt his reputation and stopped him from raising funds for Binance at the end of 2017 “which was a critical time in the market and when there was huge interest in Binance from other VCs and i...

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Chinese Granny Caught Stealing Electricity to Mine Bitcoin

May 23, 2019

An old woman aged 61 in China has been sentenced to detention of four months for stealing electricity to mine bitcoin, according to China Judgements Online, a website publishing court documents of the whole country. As per the court document, in addition to jail time, the suspect has also b...

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Bitcoin Property Dispute Comes to Hangzhou Internet Court publicly

May 23, 2019

On May 22nd, the Hangzhou Internet Court opened a public hearing through the online litigation platform to judge a case of bitcoin property transaction. The prosecutor Mr.Wu accused the defendants, a Shanghai science & technology company, and Taobao Company of refusing  his pre-order...

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The Man Behind Bitcoin Pizza Day Is More Than a Meme: He’s a Mining Pioneer

May 22, 2019

Bitcoin was barely a year old and trading for less than a penny. Excitement for the world’s first cryptocurrency was still largely bottled up in the infant hobbyist forum Bitcointalk, itself barely half a year old. Here, OGs effervescent with enthusiasm compared notes on economic philosophy, ...