Cryptocurrency is ‘Honestly Useless’: Harvard Cryptographer

Cryptocurrency is useless to anyone other than nefarious groups or individuals trying to move money without being noticed by the government. This is apparently the cutting-edge opinion of Harvard University cryptographer and technology researcher Bruce Schneier. Citing a series of regularly discredited and debunked talking points, Schneier believes that the aims of Bitcoin according to …

25 Crypto Networks at Risk of Fake Stake Attack, are Your Funds at Risk?

A new report claims that at least 25 proof-of-stake cryptocurrency networks are vulnerable to what’s called a “fake stake” attack. | Source: Shutterstock More than two dozen Proof-of-Stake (PoS) cryptocurrency networks are vulnerable to what has been dubbed a “fake stake” attack. The vulnerability allows a node with a very small stake to overwhelm competing …

Ethereum Classic Losses Top $1 Million after 51% Attack: Coinbase

Losses stemming from an ongoing 51 percent attack against Ethereum Classic have now breached the million-dollar barrier, according to updated figures published by cryptocurrency exchange Coinbase. Ethereum Classic Attack Grows More Costly CCN first reported yesterday that the 18th-largest cryptocurrency appeared to have become the latest blockchain network to succumb to a 51 percent attack, …

Coinbase Says Ethereum Classic Attack Included $500,000 in Double Spends

Contradicting reports from the Ethereum Classic camp, cryptocurrency exchange giant Coinbase announced this afternoon that the apparent ETC blockchain reorganization attack had been accompanied by around half a million dollars in double spends. Coinbase Detects Double Spends on Ethereum Classic Network According to Coinbase, the firm first identified the deep chain reorganization on Jan. 5, …

EOS Rallies Again as China Rates its Blockchain the Best

Where other cryptocurrencies hiked over recent days, EOS has been slower most recently, until today. Now EOS price has risen over 8% in the last 24 hours. On December 17, 2018, EOS showed a substantial recovery reaching 35% gains before stabilizing between the December 18 and today. Now EOS is moving again. EOS Price Chart …

KFC Venezuela Accepts Dash Cryptocurrency, Joining Subway and Papa John’s

KFC in Venezuela is accepting payments using the cryptocurrency Dash starting this week, joining a growing list of fast-food chains that accept crypto in Venezuela, including Subway and the Papa John’s pizza chain. KFC will initially roll out the program at its store in the Venezuelan capital of Caracas before expanding to 24 other locations across …

Cryptocurrency Exchange Coinbase Lists Four More Ethereum Tokens

The most popular US cryptocurrency exchange is continuing its promise to support Ethereum-based ERC20 tokens, adding four more of the coins to the Coinbase Pro platform. Starting today, December 7, Coinbase Pro users can transfer their balances of Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA) to the exchange, and full trading will …

Dash Claims Crypto Industry First with Automatic InstantSend Transactions

2018 hasn’t been the best of years for crypto. The sprint for mass adoption has converted into a triathlon in which contestants are starting to sink in the water. One of the (multiple) issues is scaling blockchains for wider use. But if we want more users, we can’t expect payments to take longer than they …