Tron Founder Justin Sun Needs a Vacation after Tesla Giveaway Debacle

Someone needs to tell Justin Sun that there’s no shame in unplugging. With one glimpse of his sprawling office at Tron’s Beijing headquarters, it’s clear that the space doubles as a high-rise apartment. A twin bed in the corner is “used extensively during tight deadlines,” and Sun himself admits to being a workaholic, saying: “I …

This John McAfee-Pumped Cryptocurrency Has Major Red Flags

By CCN.com: Another day, another John McAfee tweet pumping a cryptocurrency project that has alarming red flags. The latest dubious crypto token is called Apollo, an “all-in-one” cryptocurrency with supposedly-private transactions. Crypto Developers Call Out McAfee-Linked Apollo However, according to crypto development firm Jelurida, Apollo’s so-called privacy features promoted are not so private after all. …

Facebook Secretly Talking with Bitcoin Exchanges about WhatsApp Crypto

Facebook’s blockchain team has made a significant amount of progress on its secretive cryptocurrency project since Bloomberg first reported that the company was building a dollar-pegged stablecoin. So much progress, in fact, that you may soon find the WhatsApp-focused cryptocurrency listed on a bitcoin exchange near you. Facebook Has Already Met with Bitcoin Exchanges to …

Reassessing ‘Satoshi’s Vision’ 100 Days after the BCH Divorce

When Bitcoin Cash split into two different blockchains in November 2018, it sent shockwaves through the cryptocurrency space. The resulting blockchains, Bitcoin Cash (BCH) and Bitcoin SV (BSV), both made major changes to the original code. But in the aftermath of the hash war, which one comes closest to representing Satoshi’s Vision? Why Did Bitcoin …

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 …