Bitcoin Cash Approaches Milestone With First Halving Expected Wednesday

Bitcoin cash (BCH), the cryptocurrency that broke off from bitcoin (BTC) due to a heated community disagreement in 2017, is about to hit a blockchain milestone.  At block 630,000, expected to occur Wednesday morning Eastern time, the number of BCH coins created roughly every 10 minutes will fall by half, from 12.5 to 6.25. This […]

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Dennis Rodman and Potcoin: How Crypto Gatecrashed a Historic Summit

With all eyes on Singapore this week, was it any surprise crypto would make an appearance? The historic summit between U.S. President Donald Trump and North Korea’s Supreme Leader Kim Jong Un got the crypto community’s attention – and held it – thanks to Dennis Rodman and the notorious cryptocurrency that funded his travel to […]

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WeChat Now Censoring Bitmain and Crypto Price Prediction Accounts

The WeChat messaging app is continuing its efforts to block official accounts that involve cryptocurrencies, now targeting those that distribute content for sales of bitcoin miners and cryptocurrency market analysis. The official sales channel of bitcoin mining giant Bitmain, which has the WeChat ID “antminersale,” appears to be blocked on Monday. As of press time, […]

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New Altcoin Promotes Fitness with ‘Proof of Sweat’

Mining bitcoins chews up a lot of computing power for no other purpose than to sustain the network. Wouldn’t it be useful to mine cryptocurrency in some other, more productive way? Now a team of Serbian developers has tried to crack the problem with a proof-of-concept altcoin that lets you mine coins simply by exercising. Mangocoinz was launched […]

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MakerDAO and More: The Quest for a Stable Stablecoin Continues

Update (09.20 UTC, Jan. 24): This article has been updated with a response from Tether representatives. Usually, no one bats an eye when a cryptocurrency’s price drops 30 percent over the course of a week. This is the Wild West, after all. But when it happened to DAI this month, heads turned, primarily because the token […]

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Ethereum Classic Successfully Completes ‘Agharta’ Hard Fork

Ethereum Classic successfully completed the “Agharta” hard fork at block number 9,573,000 at 06:26 UTC on Sunday, according to etcnodes.org. Similar to the network’s last backwards-incompatible upgrade in September, Atlantis, Agharta makes ethereum classic more interoperable with sister-chain ethereum. As part of the hard fork, the Constantinople and St. Petersburg upgrades deployed in tandem on […]

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Ethereum’s ProgPoW Debate Is About Much More Than Mining

What do we talk about when we talk about progressive proof-of-work (ProgPoW) on Ethereum? On the surface, ProgPoW is a proposed update to the mining algorithm of the world’s second-largest blockchain by market cap that would theoretically favor less well-resourced miners.  At its core, though, ProgPoW has become a flashpoint for how Ethereum makes big […]

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Former Employees Sue Justin Sun and TRON Foundation, Alleging Workplace Hostilities

A lawsuit accuses the frontman of the TRON cryptocurrency and his business associate of harassing and firing two employees, allegedly as payback for the employees’ objections to management practices and applications of the technology they were developing. In a 70-page document filed in October in the California Superior Court for San Fransisco County, Richard Hall, […]

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DeFi Insurance Firm Nexus Mutual Makes Its First Payout Following bZx Attacks

Insurance works in crypto so far, though it hasn’t had many big tests yet. Not many people had insurance on assets locked up in bZx’s Fulcrum, but after a bug yielded an exploit of its smart contract, a couple of accounts that did were covered by Nexus Mutual, the London-based crypto insurance company. Nexus Mutual […]

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No, Concentration Among Miners Isn’t Going to Break Bitcoin

CoinDesk columnist Hasu is a pseudonymous crypto researcher publishing analysis for Deribit Insights and his personal blog. A recent TokenAnalyst report claims a single entity could be in control of around 50 percent of bitcoin’s hashrate. The observation is based on the fact that five large mining pools have launched a new cloud mining service […]

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