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Well-known developer explained why Bitcoin hard fork is unacceptable for protection against “51% attack”

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Bitcoin Core developer Gregory Maxwell said that people calling for a bitcoin hard fork to provide protection against a “51% attack” demonstrate a fundamental misunderstanding of the first cryptocurrency. Greg Maxwell responds to the question: “Why not hard-fork Bitcoin to make it less vulnerable to 51% attacks?” (HT @AlyseKilleen) pic.twitter.com/k9yb9KBc9I – Tuur Demeester (@TuurDemeester) October 6, 2019 He explained , Oh really […]

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In Ukraine, they proposed to legalize mining and create a “cryptodoline”

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On Monday, October 7, a meeting was held on the regulation of the cryptocurrency and blockchain industry in Ukraine. Representatives of the Ministry of Digital Transformation, the Verkhovna Rada, the Office of Effective Regulation (BRDO), as well as relevant associations and businesses participated in it. The meeting was organized by the recently formed inter-faction parliamentary group Blockchain4Ukraine. Among the main steps developed during the event: the development of terminology for further regulation of the industry. In particular, […]

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$ 1.4 trillion

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Against iFinex Inc. and its subsidiaries filed a class action lawsuit for more than $ 1.4 trillion with the East District Court of New York. Top managers Giancarlo Devasini (CFO Bitfinex), Philippe Porter (ex-CSO Bitfinex) and Jean-Louis van der Velde (CEO Bitfinex), as well as Panamanian processing Crypto Capital and Global Trade Solutions AG, are also defendants in the case. The last […]

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The head of Norilsk Nickel called Bitcoin a souvenir and declared his belief in tokenization

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The president of Norilsk Nickel, Vladimir Potanin, called bitcoin “a useful souvenir” and said that his company was in discussion with the Central Bank of the Russian Federation on the tokenization of various assets. According to CoinDesk, Potanin enthusiastically looks at the future of asset-backed tokens, similar to the one that Norilsk Nickel is preparing. In his opinion, their usefulness goes beyond speculative value. Cryptocurrencies, however, Potanin is not too […]

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Bitfinex has moved $ 5 million in USDT to the EOS blockchain

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The Bitfinex Bitcoin exchange and the EOSFinex decentralized trading platform have successfully completed the cross-chain conversion of 5 million USDT to the EOS blockchain, reports Cointelegraph. Exchanges believe this will protect decentralized EOS applications from the volatility of digital assets. According to the statement, 49 of the top 100 dApps are already running on the protocol. The next goal is to fully launch EOSFinex on the main network. Recall, Tether launched […]

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SEC reaffirms that Bitcoin is not a security

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The US Securities and Exchange Commission (SEC) still believes that the first cryptocurrency is not a security. According to The Block, Cipher Technologies Bitcoin Fund has applied for registration of a closed interval fund and an investment company. The submitted documents indicate that Bitcoin is a security. SEC staff did not agree with this information, citing the test […]

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