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Cryptocurrency News

60 Second Video News Summary – Jan 29, 2018

Hi, I’m Nate Martin from 99Bitcoins.com and here’s what happened this week in Bitcoin in 60 seconds. Tether, the issuer of the dollar-pegged cryptocurrency USDT, said its relationship with audit firm Friedman LLP has ended. The statement confirms online suspicions and is likely to raise new questions about the company’s …

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Latest Zcash Ceremony Used Chernobyl Waste

Developers working on the privacy-oriented cryptocurrency zcash have employed nuclear waste from Chernobyl in the network’s latest secrecy-assuring ceremony. The devs, Ryan Pierce and Andrew Miller, held their latest “Powers of Tau” ceremony last weekend, and notably used the nuclear waste to generate random numbers. Miller said: “Powers of Tau is …

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A Haven for Blockchain: The Case for Wyoming

Rep. Tyler Lindholm is a rancher in Sundance, Wyoming, and a Republican member of the Wyoming House of Representatives. Caitlin Long, a Wyoming native, is former chairman and president of Symbiont and a former managing director of Morgan Stanley. Wyoming is stepping up to welcome the blockchain community with open …

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What is Proof of Burn

Last updated on January 16th, 2018 at 11:02 pm The blockchain is an extremely innovative invention. However, in order to function, it needs a consensus algorithm that is both efficient and secure. Such an algorithm ensures validity and safeguards the blockchain from manipulation. Proof of work (PoW) and proof of …

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Mining Malware Abuses Google Ads and YouTube

Internet monopolies are easy to manipulate it seems. Especially if they are ad revenue driven and don’t really care who or what is advertised. Both Google and Facebook have been a hotbed for scams, phishing websites and malware recently, especially those involving crypto mining. Cyber security researchers Trend Micro have …

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