Cameroonian separatists of the self-proclaimed republic of Ambononia released an ERC-20 standard token called AmbaCoin, Bitcoinist writes. In October 2017, English-speaking separatists proclaimed the creation of an independent republic of Ambononia. Ambazonia has its own flag, anthem, president, and now also a cryptomonet. As they say on the project website, AmbaCoin is a kind of government bond and is provided with “a territory rich in natural resources and a policy of buyback of post-independent Ambasian treasury” The coin is intended to finance the republic, provide humanitarian assistance and "protect communities from the repressive regime of Cameroon." AmbaCoin can be bought…
Author: BlockchainJournal
Court for the Southern District of Florida has refused to dismiss a lawsuit against the chief scientific officer nChain Craig Wright, accused of embezzling 300 thousand Bitcoins. Initially in February, Ira Kleiman, the brother of computer forensic science and writer Dave Kleiman, accused Craig Wright of misappropriating 1.1 million bitcoins . After the death of Dave Kleiman in 2013, Wright volunteered to help the relatives of his former business partner to dispose of the remaining bitcoins. According to the lawsuit, Wright fulfilled the terms of the agreement, but did not return the cryptocurrency. Self-proclaimed Satoshi Nakamoto is also accused of…
The Russian division of the Huobi cryptocurrency exchange together with Vnesheconombank created the legal laboratory of the Huobi Legal Lab. Specialists of the new structure will advise and provide legal support to companies implementing digital projects. This was reported by Huobi Russia in the official Telegram channel. The laboratory experts will also provide legal support to companies in court proceedings. “Our specialists at the Huobi Legal Lab center will help to correctly pack digital projects, ensure that digital assets do not violate existing legislation and comply with international law, ” said Elina Sidorenko , head of the interdepartmental group for…
A phishing attack against the Electrum wallets may have helped steal around 245 BTC worth more than 880,000 US dollars. Electrum representatives warned users about the attack by writing the following on Twitter: The Electrum phishing attack continues. Our official site is https://electrum.org. Do not download Electrum from any other source! The criminal organized a phishing attack by creating several fake servers on the Electrum wallet network. As a result, when users of the wallet connected to these servers and tried to translate Bitcoin transactions, they received an error message containing a link to malware disguised as an updated…
The other day, the creator of Ethereum Vitaly Buterin caused a storm in Twitter, saying that he does not believe in Proof-of-Work . He shared his opinion in the comments on the tweet of the famous Bitcoin evangelist and BHB Network CEO Giacomo Zucco. Zukko's tweet looked like this : “Noukoineri do not believe in anything (nihilism). Multicoiners believe in everything (gullibility). Bitcoiners believe in something (reason). ” To which Buterin replied : “I do not believe in Proof-of-Work!” I don't believe in proof of work! – Vitalik Non-giver of Ether (@VitalikButerin) December 25, 2018 Representatives of the crypto-community reacted…
On December 27, a transaction for 90 million XRP was recorded in the Ripple network, the total amount of which at the time of the transfer was about $ 33 million. Note that the sender's and recipient's purses are not assigned to organizations or to a specific person. ? ? ? 90,000,000 #XRP (33,493,911 USD) transferred from Unknown wallet to Unknown wallet Tx: https://t.co/lvhaafkjmH – Whale Alert (@whale_alert) December 27, 2018 This was followed by another major transaction for 30 million XRP ($ 11 million). It was never possible to associate with the stock exchanges or the company Ripple. ?…
Representatives of the US Department of Defense said that the blockchain technology has great potential and can be actively used during the aftermath of natural disasters. Now the US Defense Logistics Agency (DLA) uses a centralized system to track logistic processes, making it difficult to synchronize data between different systems. However, according to DLA, blockchain can improve logistics by providing up-to-date information and technology transparency. “Speaking of the blockchain, experts compare the transformation of trust or transactions of this technology with the way the Internet has changed the world of communications. Using the blockchain, you can transfer the technical characteristics…
Russian parliamentarians have set themselves the task of adopting bills on the digital economy as a matter of priority. About this in an interview with the TV channel "Russia 24" said State Duma Speaker Vyacheslav Volodin. He stressed that there are now more than a thousand different bills in the portfolio of parliament that need to be adopted as soon as possible. However, among them are the most important documents, including bills on the digitalization of the Russian economy, which need to be given special attention. Volodin noted : In our legislative portfolio are 1337 draft laws, about 234 of…
The National Bank of Kuwait (NBK) began using blockchain solutions from California-based startup Ripple to transfer funds to Jordan. However, whether it is a question of xCurrent and xRapid remains unknown. For the first time in Kuwait: Send money instantly with NBK Direct Remit. Log in to NBK Online Banking using RippleNet's Blockchain technology. NBK Direct Remit is currently available for Jordan. https://t.co/hcxitTSnea pic.twitter.com/sARUJplZjd – National Bank of Kuwait (@NBKPage) December 26, 2018 Take advantage of the new service can online banking customers of the NBK. As stated in the NBK, this offer is “an innovative, secure and reliable service…
On December 25, block # 562257, 65 MB in size, was extracted on the Bitcoin SV network, one of the forks of Bitcoin Cash. It became the largest in the history of public blockchains. Boom! BSV just mined a 65 MB block! pic.twitter.com/DpT34piqcD – skylark_cash [BSV] (@skylark_cash) December 25, 2018 Note that the Mempool mining pool in just three minutes loaded more than 288 thousand transactions directly into the mining node as part of independent testing. Soon, the Bitcoin SV network is supposed to undergo a stress test, during which blocks of 128 MB can be mined. Recall hardfork Bitcoin…
