Decentralized Crypto Exchange is Solution to Hacks, Will They be Ready?

Not long after the successful hacking attempts on crypto exchanges Bithumb and Coincheck, Japan’s Zaif was hacked, losing $60 million in user funds. All three exchanges were found to have poor security measures. Coincheck in particular, which lost more than $500 million in XEM, the native cryptocurrency of NEM, outraged investors in Japan after the

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Bitcoin Mining Giant Bitmain Unveils ‘Next-Generation’ 7nm Chip

Bitmain, the world’s most valuable cryptocurrency company, isn’t ready to relinquish its position as the dominant manufacturer of bitcoin mining chips — at least not yet. The China-based firm on Friday announced that it had developed a new 7nm application-specific integrated circuit (ASIC) mining chip for the SHA256 algorithm used by bitcoin, bitcoin cash, and

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Canada to Study Cannabis Cryptomarkets Ahead of Recreational Marijuana Legalization

As Canada prepares to legalize recreational marijuana next month, the impact this will have on online drug marketplaces has remained unclear. Consequently, the Department of Public Safety Canada is looking to commission a study that will shed light on the cryptomarkets – online drug marketplaces that rely on the TOR browser and cryptocurrencies – with

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US Navy Explores Blockchain to Enhance Tracking of Aviation Parts

The U.S. Navy Naval Air Systems Command (NAVAIR) is currently exploring the blockchain technology for tracking aviation parts throughout its lifecycle, according to its press release. For NAVAIR, changing the way it currently tracks the lineage of parts is a critical step into reducing the high costs it takes to operate a military aircraft. The

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DarkWallet Dev & 3D-Printed Gun Pioneer Cody Wilson Arrested on Sexual Assault Charges

Cody Wilson, 3D-printed firearm pioneer and DarkWallet developer, has been arrested in Taiwan in connection with charges that he sexually assaulted a minor in Texas. The arrest was reported on Friday morning by a local CBS affiliate in Austin, TX, where police had filed an affidavit against Wilson on Wednesday, alleging that he sexually assaulted a

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Billionaire Tim Draper Stands By Bullish $250,000 Bitcoin Price Target For 2022

Tech billionaire Tim Draper stands by his bitcoin price target of $250,000 for 2022. Despite the recent slump, Draper remains undeterred in his enthusiastic outlook for the largest virtual currency by market cap. “This is going to be so big, so if you see a dip [in prices], jump in,” Draper told TheStreet at the

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Circle’s Poloniex Sees 190% Jump in Crypto Trading Volumes, Overtakes Bittrex

Poloniex, one of the oldest crypto exchanges in the global market, has become a major digital asset trading platform once again after years of stagnation. Until 2015, Poloniex was one of the largest crypto exchanges alongside Coinbase. It was the go-to exchange for traders investing in smaller trading pairs like tokens and alternative cryptocurrencies. But,

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Newsflash: Ripple (XRP) ‘Flippens’ Ethereum, Becomes 2nd-Largest Cryptocurrency

A “Flippening” has once again arrived in the cryptocurrency markets, but — much to the chagrin of ethereum investors — it’s not the one that ETH holders have long anticipated. Bolstered by a seemingly-parabolic rally not seen since January, ripple (XRP) has managed to unseat ethereum as the second-largest cryptocurrency by market cap. According to

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New Core Patch Fixes Bitcoin Network Vulnerability to DDoS Attacks

The Bitcoin Core team yesterday released a patch for a DDoS vulnerability that could prove fatal to the Bitcoin network. The patch note urged miners to shut down their older versions urgently and replace them with the new version, Bitcoin Core 0.16.3. The announcement, first reported on Hacked, revealed that all the recent Bitcoin Core

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New Core Patch Fixes Bitcoin Network Vulnerability to DDoS Attacks

The Bitcoin Core team yesterday released a patch for a DDoS vulnerability that could prove fatal to the Bitcoin network. The patch note urged miners to shut down their older versions urgently and replace them with the new version, Bitcoin Core 0.16.3. The announcement, first reported on Hacked, revealed that all the recent Bitcoin Core

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