The New York State Attorney’s Office, represented by Leticia James, appealed to the State Supreme Court to reject the Bitfinex attorney’s request to cancel the earlier court order. So, James is confident that the current situation does not affect the functioning of the company as a whole, but does not allow it to receive further loans from Tether Limited and protects users from […]
Author: BlockchainJournal
Hash and hashing algorithms are key concepts that blockchain novices are familiar with and that always go hand in hand with security. To maintain decentralized networks and consensus mechanisms, including Bitcoin or Ethereum with a thousand nodes connected via p2p, a “lack of trust” and an effective confirmation system are necessary. These networks need compact ways to encrypt information, which would allow participants to conduct fast and secure checks. The block is one of the main components of Bitcoin and Ethereum . The block contains information about transactions, timestamps and other essential metadata. The ability to compress large amounts of…
In Kleiman’s sensational lawsuit against Wright, a new turn: the court of the Southern District of California ordered nChain senior researcher and self-proclaimed Satoshi Nakamoto to disclose the number of bitcoins he owned as of December 31, 2013, thereby satisfying the plaintiff’s claim. Wright Motion by Scribd So, in addition to providing information about Bitcoin-capital, Wright is obliged to disclose the details of […]
Tying an account to a SIM-card has long become a standard of security in banks and various financial services, including cryptocurrency ones. It seems that two-factor authentication reliably protects data and assets. But in reality this is not the case: in April, a student from California received 10 years in prison for stealing cryptocurrencies using SIM cards. 21-year-old Joel Ortiz was able to steal about $ 7.5 million in cryptocurrencies through the so-called SIM-swapping (exchange of SIM cards) – a fraudulent scheme, in which attackers gain access to the victim's information, and then contact the cellular operator and ask to…
On May 2, the Bitcoin network reached 58.1 EH / s. The last time such values were recorded at the end of October last year. This is evidenced by the data Blockchain.com. Note that such dynamics can be triggered by the re-introduction of the outdated Antminer S9 models into the network, mining on which has once again started to bring profit due to the price increase of the first cryptocurrency. This indirectly confirms […]
launched in Belarus The first in the history of Belarus kriptobirzha (adjustable platform Currency.com tokenized assets) has successfully completed beta testing and has started to work for a wide range of investors. The exchange started in January 2019. It was launched by Larnabel Ventures, owned by Saidmar group board member Said Gutseriev. Another investor in the project was the company VP Capital of the Belarusian businessman Viktor Prokopeni. In early May, the currency.com mobile app. became available on the App Store and Google Play. Now, crypto traders can invest and trade tokenized securities directly from their mobile phones. The head…
According to the popular on Twitter tech analysts Galaxy, the market is on the verge of a new rally that will push the price of Bitcoin (BTC) to the level of $ 330,000. According to him, at present the price trajectory of the first cryptocurrency draws similar patterns as in October 2015, which is especially noticeable on the monthly chart. A few years ago, the rapid growth of Bitcoin began at $ 330 and ended two years later near the $ 20,000 mark. Thus, during this time the increase was 6,500%. Observing structure similarities between October 2015 and April 2019.…
According to a survey conducted by the deVere Group, an independent financial and consulting company, 68% of wealthy people have already invested in cryptocurrency or plan to do so. More than 700 clients of a company with high net worth personal assets (HNWI) took part in the survey. Respondents live in the United States, United Kingdom, Australia, the United Arab Emirates, Japan, Qatar, Switzerland, Mexico, Hong Kong, Spain, France, Germany and South Africa. In the context of the survey, the firm identified HNWI as people owning more than £ 1 million ($ 1.3 million) in investment assets. “The study shows…
According to the results of a survey conducted by the consulting firm deVere Group, 68% of wealthy people have either already invested in cryptocurrency or are going to do it before the end of 2022. Reported by Irish Tech News. More than 700 deVere customers who own assets worth more than £ 1 million ($ 1.3 million) and live in the United States, United Kingdom, Australia, Japan, Qatar, Switzerland, […]
According to the observations of Twitter user Andrew Rennhack, during the week the contents of the cold Ethereum wallet of the Bitfinex exchange decreased by 40%. Bitfinex ETH coldwallet has declined by 40% in the past week. 800k ETH or $ 150M has left. There is only 1.1M ETH left or ~ 180M USD left at current ETH prices (…