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South Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam

South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. дальше »

2019-4-8 12:29


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Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems. дальше »

2019-3-23 17:29


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New Bitcoin Lightning App Scratches Online Content Monetization Itch

A new Bitcoin Lightning app presents an interesting take on the ‘paywall for written content’ concept where users crowdfund ‘scratching off’ one letter at a time. Scratch That Itch Bangkok-based French developer, Guillaume Verbal, unleashed an interesting take on the ‘paywall for written content’ concept this week: a Bitcoin Lightning app where users crowdfund the reveal of a post by ‘scratching off’ one letter at a time. дальше »

2019-3-22 03:00


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Revolut launches auto-exchange for cryptocurrency – and I can’t find a reason to hate it

Online challenger bank, Revolut, has just introduced a new feature which makes it easier to protect yourself from volatile cryptocurrencies. Earlier this week, Revolut launched what it is simply calling its “auto-exchange” feature, which will allow users to automatically exchange two currency pairs – fiat and cryptocurrency – when the pair hits a specific exchange rate. дальше »

2019-3-8 19:48


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A Bitcoin Satellite Just Transmitted the ‘First Pepe In Space’

Cryptocurrency industry figures were celebrating a tech innovation of a different kind this week after the Bitcoin network transmitted what many are calling the first space meme. A Meme To ‘Go Down In History’ The latest first to come from Bitcoin development company Blockstream’s Satellite network, an unknown source sent the developer known as grubles an encrypted Pepe meme via the Lightning Network-powered setup. дальше »

2019-3-1 12:00


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BBC News website spoofed by Bitcoin scammers

Scammers have found a new way to use seemingly legitimate BBC News websites to mine Bitcoin. The scam, identified by researchers, was first discovered in the first week of January. Scammers created what appeared to be a legitimate email containing a “Display Message” button, which rerouted users to an affiliate website tasked with generating Bitcoin based on page views. дальше »

2019-1-16 13:15


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Blockchain Analysis Is About to Get Harder as P2EP Enters Testing Phase

Yet another tool is being added to Bitcoin’s growing number of privacy solutions. Thought up at a brainstorming event attended by Bitcoin developers and privacy researchers last summer, Pay to Endpoint (P2EP) is a relatively new trick that utilizes the well-known CoinJoin mixing technique to make blockchain analysis much harder. дальше »

2019-1-1 19:31


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You really shouldn’t visit Pornhub’s new SFW section at work – or Starbucks

Mondays can be slow for tech news, so I began trawling some unusual sources online for stories that might interest our audience, and I eventually found myself on Pornhub. The site added an SFW section last week, noting that it featured “hundreds of videos with ranging topics, including adult entertainers sharing advice and experiences; compilation videos with attractive, yet clothed people; video game reviews and demonstrations; and more. дальше »

2018-12-3 13:26


Leading Cryptocurrency Shopping Platform TheBigCoin Hits $300,000 in Total Orders

Press release: One of the world’s leading cryptocurrency shopping platforms, TheBigCoin, just reached a milestone of $300,000 in total orders made by consumers. October 3rd, 2018, Vilnius – As cryptocurrency sees new everyday applications, one of its core uses, buying online in popular digital currencies like Bitcoin and Ethereum, keeps gaining traction. дальше »

2018-10-3 12:00