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How a Finnish millionaire lost $35M worth of Bitcoin in a gambling scam

Is your cryptocurrency portfolio looking a little light lately? That’s nothing compared to one Finnish investor, who lost 5,500 Bitcoin ($35 million) to an investment scam this year. Bangkok Post reports that businessman Aarni Otava Saarimaa was approached by a group who sought to link him up with some hot investments: shares in a few high-profile companies and a cryptocurrency called Dragon Coin. дальше »

2018-8-13 13:05


A Guide to 99% Fault Tolerant Consensus

Special thanks to Emin Gun Sirer for review We’ve heard for a long time that it’s possible to achieve consensus with 50% fault tolerance in a synchronous network where messages broadcasted by any honest node are guaranteed to be received by all other honest nodes within some known time period (if an attacker has more than 50%, they can perform a “51% attack”, and there’s an analogue of this for any algorithm of this type). дальше »

2018-8-9 04:03


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Top Crypto Exchanges Still Using Authenticator 2FA Despite Google Dropping Support

Google has had none of its 85,000+ employees successfully phished since early 2017 when it was reported they dropped the use of its own Authenticator app and switched to a U2F model.  [Note: This is a guest article submitted by Marco Paez] All Top Crypto Exchanges Currently Use Google Authenticator The move was necessary as recent data released by the APWG reported that phishing attacks have tripled since 2013, with over 246 million user attempts being made Read More The post Top Crypto Exchanges Still Using Authenticator 2FA Despite Google Dropping Support appeared first on Bitcoinist.com. дальше »

2018-8-5 23:00


Newly Appointed SEC Official Urges Crypto Enthusiasts to “Come into Compliance”

U.S Securities and Exchange Commission (SEC)’s latest appointed officer is none other than Valerie Szczepanik, who was given the responsibility to oversee the cryptocurrency industry. She is definitely one that doesn’t stand against innovation, however, she believes that the lack of compliance on the part of crypto investors, is what’s bringing unnecessary complexities. In particular, […] дальше »

2018-7-31 22:17


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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »

2018-7-13 17:16


A lot of people are surprised to see most of the cryptocurrencies are still in the green as of right now. Considering how yesterday evening looked rather uneasy, the positive momentum remains in place, for the time being. None of the top coins

None of the top coins have noticed any major gains, yet the Zilliqa price is definitely rising rather rapidly these days. Said all-time high was recorded in late May and pushed the Zilliqa price to $ 0. дальше »

2018-7-5 17:57