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Archiv für Dezember 2018

Kraken Publicly Asks: Is It XRP or ‚Ripples‘?

Confusion continues in the cryptocurrency industry over altcoin Ripple (XRP) after US exchange Kraken publicly asked for help with naming it. 1 Ripple, 2 Ripples? No One Knows The latest episode in a series of bizarre events over XRP token and its notional issuer Ripple, Kraken CEO Jesse Powell appealed to the company’s CTO David…

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Hardware Bitcoin Wallets Hacked: The Importance Of Responsible Disclosure

Following yesterday’s article regarding vulnerabilities uncovered in hardware wallets, both Trezor and Ledger have called ‘foul play’ over irresponsible disclosure. Hardware hacking group, wallet.fail, who exposed the security issues, at least partially deny this claim. Responsible Disclosure In the security world, hackers generally only go public with their findings after giving companies time to patch the…

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Bitmain Fires Entire Bitcoin Cash Development Team: Report

Things appear to be far from well with Bitcoin Mining firm Bitmain as several reports indicate another round of employee layoffs at the firm. This news follows reports that the company’s IPO is also dead in the water after rumors of Q3 losses running into over $700 million. Bitmain on Firing Spree According to Blockstream…

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Privacy Coins Like Monero Perfect For Buying Cannabis in Canada, Says Expert

Senior market analyst at eToro believes that privacy coin usage in Canada will “almost certainly” increase as the country has officially warned citizens to protect their personal information by buying cannabis with cash.  ‘Consider Using Cash’ The Privacy Commissioner of Canada has released a guidance document which addresses some of the concerns marijuana users need to…

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What’s Next for Bitcoin Miners in 2019 Amid Lower Price?

The year-long bear market finally forced many Bitcoin miners to capitulate by either scaling down or shuttering their operations. However, with the decrease in difficulty, some of these smaller establishments might want to get back into the business seeing as it is now easier to mine the top-ranked cryptocurrency. Bitcoin Miners Adapt to Lower BTC…

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Bitcoin Price Now Hinges On 50-Month Moving Average

BTC traders were concentrating on one metric in particular this week as Bitcoin price slowly slides towards $3000. Bitcoin’s ‘All Over’ Scenario The largest cryptocurrency had recovered from fifteen-month lows over the weekend around $3130 to trade around $3200 at press time December 17. In the short term, however, the situation could deteriorate exponentially, veteran…

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