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Monthly Archives: August 2020

Bitcoin Inventor Uses Single PC to Mine 1.1M Bitcoin

Sergio Demian Lerner, a computer security researcher has revealed that Bitcoin’s creator used a single computer to mine an estimated 1 million bitcoin minted in the early days. Lerner’s latest research “The Patoshi Mining Machine” looks into whether or not the Patoshi pattern (Satoshi’s mining) was done by multiple computers […]

August 27, 2020

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Edward Snowden Was Paid $35K to Discuss Bitcoin

According to a court filing called “Edward Snowden Speaking Engagements 2015-2020,” the infamous NSA whistleblower was paid to discuss the cryptocurrency and other digital assets at virtual conferences during the last few years. The document submitted to the court on August 14, 2020, discusses Snowden’s speaking engagements and how he […]

August 27, 2020

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Empire Market Turnes Out to be Scam, $30 Million in Bitcoin Stolen

Empire Market, the largest cryptocurrency darknet market, abruptly shut down, having stolen user funds amounting to over $30 million in BTC. The marketplace went offline on August 20, no notifications was issued from the marketplace admins. This appears to be a pretty massive exit scam, according to the latest update […]

August 27, 2020

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North Korea is Waging Cyber Warfare Through Over 6,000 Hackers

“Army” of over 6,000 hackers is at North Korea disposal, for carrying out cyber warfare, according to the recent report published by the U.S. Army. The report claims that a lion part of hacker groups are operating outside North Korea as the country lacks the domestic infrastructure to support full-scale […]

August 26, 2020

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Coinbase CEO Urges Aple to Provide Fairer Terms for App Developers

Coinbase CEO Brian Armstrong claims that tech giant Apple is blocking some functionalities for cryptocurrencies, including money making options and unrestricted dApp browsers “Apple has been very restrictive and hostile to cryptocurrency over the years. They’re still blocking some functionality right now, including the ability to earn money with cryptocurrency […]

August 26, 2020

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Ripple Faces Lawsuit Over Intellectual Property Infringement

New Payments Platform Australia (NPPA), Australia’s new real-time payments system is accusing Ripple of intellectual property infringement over the branding of Ripple’s ‘PayID’ payment standard.More than 60 Australian banks currently use NPPA. Operators of Australia’s interbank payments network ‘Pay ID’ had filed a suit with the Federal Court of Australia […]

August 26, 2020

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PornVisory is Moving to DFO-based Governance Structure

Italian based pornography startup PornVisory is shifting to a decentralized governance structure based on the ​DFO standard, which allegedly allows greater user influence than DAOs. DFO (decentralized flexible organization) standart will allow token holders to propose changes and vote on governance aspects that will be subject to community voting. Platform users […]

August 12, 2020

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Venezuela to Collect Taxes in Petro | News

The Bolivarian Council of Mayors in Venezuela signed “National Tax Harmonization Agreement”, including oil-backed cryptocurrency Petro as a means to collect payments of taxes and sanctions. Delcy Rodríguez, the vice president of Venezuela, will be in charge of implementing a single registry of taxpayers through a digital consultation tool. The […]

August 12, 2020

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Teenager Accused of Massive Twitter Hack Pleads not Guilty

Florida teenager Graham Ivan Clark who stands accused of playing a part in the massive Twitter hack that occurred last week pleaded not guilty to all charges. Clark was indicted on a slew of fraud charges last week, accused of illegally gaining access to the Twitter accounts of Bill Gates, […]

August 10, 2020

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One Coin Scam Co-Mastermind Escapes Jail

OneCoin investors representing plaintiffs Donald Berdeaux and Christine Grablis have agreed to settle with Konstantin Ignatov, Onecoin co-mastermind. Ignotov is no longer one of the key defendants in legal actions brought by victims of the $4 billion scam. The case will continue to target another key OneCoin figure Ignatov’s sister […]

August 10, 2020

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