The CEO of Blockstream, Adam Back, talked about Bitcoin (BTC) and the recent hack experienced by Binance, one of the most popular exchanges around the world. He specifically mentioned that the block reshuffling to recover the funds could completely harm the Bitcoin network. Binance Bitcoin Reorg Could Be Harmful To The Network Last week, when the Binance cryptocurrency exchange lost 7,000 Bitcoin due to a hacker attack, Changpeng Zhao, the CEO of Binance, explained that they were analysing the possibility to reorganize the Bitcoin network to recover the funds lost. The whole cryptocurrency community discussed this issue and whether it would be possible to reorganize the network. Nonetheless, they agreed not to perform this action. Adam Back is against this possibility claiming that it is a terrible idea. About it, he commented: “In game theory, if you can undo something, the attacker can do other things. And people who disagree with the reorg can do other things. People are very
In the cryptocurrency world, there are always interesting changes and developments to keep an eye on. Whereas Initial Coin Offerings lost pretty much any traction in 2019, their successor has shown up in the form of Initial Exchange Offerings, or IEOs. The following major platforms all provide such token sales, and it seems the competition …
By CCN: Facebook’s cryptocurrency ambitions could translate into reality as soon as next year. The BBC reports that the social media behemoth is on track to start testing its bitcoin rival – known internally as
Ведущая по объемам торгов криптовалютная биржа Binance подтвердила готовность к запуску маржинальной торговли. В своем Twitter-аккаунте площадка продемонстрировала обновленный интерфейс с новой вкладкой “Margin”. Dark mode or Light mode ? #Binance pic.twitter.com/pGSb1np4yp — Binance (@binance) 24 мая 2019 г. Отметим, на скриншоте видно предупреждение о рисках, связанных с маржинальной торговлей. Тем не менее пока Binance решила не показывать непосредственную работу новых инструментов. За последние 24 часа цена Binance Coin (BNB) выросла более чем на 8%, превысив отметку в $33 и в очередной раз обновив исторический максимум. Напомним, в начале мая один из пользователей площадки обнаружил изменения в API биржи, предполагающие возможную разработку функциональности, связанной с маржинальной торговлей. Позже СЕО Binance Чанпэн Чжао подтвердил эту информацию. Подписывайтесь на канал Forklog в YouTube!
Telecom powerhouse AT&T has tied up with crypto payment processor BitPay to allow customers to use cryptocurrency to pay their bills, as per a public announcement, 23 May, 2019. This a major step to adoption as it marks the first instance of a major American company tying up with BitPay.…
Social media giant Facebook plans to launch its own payments-focused cryptocurrency “Globalcoin” in 2020.
Chinese citizens are legally allowed to hold Bitcoin, no punishment from the government will follow
The asset is considered one of the most liquid, leading to a decision to open the fund to small-scale investors.
Facebook aims to start testing its GlobalCoin cryptocurrency by year-end; Grayscale gets the nod to publicly quote eligible shares of Grayscale Ethereum Trust (ETHE); and Coinbase opens up trading of the Dai stablecoin to all customers.
iSTOX, a Singapore Exchange-backed security token platform, has joined a regulatory sandbox set up by Singapore’s central bank.
A big investment in Proxicoin promises that it will offer new investment opportunities to film, TV and music fans.
Facebook is planning to launch its cryptocurrency named ‘GlobalCoin’ in a dozen countries by the first quarter of the next year in 2020. Furthermore, the social media giant plans to test the cryptocurrency by the end of this year.
Ethereum co-founder Vitalik Buterin proposed a solution to improve the privacy of the network. His ‘minimal mixer design’ could send fixed quantities of ETH from one account to another without the link being visible on-chain.
Apple tops Forbes’ annual look at the world’s most valuable brands for the ninth straight time. The brand of the tech giant is worth $205.5 billion, up 12% over last year.
Will Facebook cryptocurrency GlobalCoin be the catalyst to mass adoption propelling cryptocurrency usage from 30 million to 2.4 billion? Maybe, but several concerns remain. Facebook Quietly Planning Killer App If one thing was notable about Facebook and cryptocurrency this time last year, it was the platform’s hostility towards it. In January 2018, the social media …