By CCN Markets: Danny Knight, a Twitter user, posted a video of Craig Wright talking about when he first read about Bitcoin – in 2008. #faketoshi slipping up here like he always does: "I remember reading about it" Is not what you say when you wrote it…. Because he didn't#bitcoin pic.twitter.com/9meuIn6cQB — Danny Knight (@danny_knight) June 14, 2019 In the 15 second video, Wright talks about reading about Bitcoin for the first time. Bitcoin’s Several Futures The tweet asks the obvious question: If you wrote the Bitcoin whitepaper and invented the thing, how could that be your first introduction to
According to the official Mt. Gox website, creditors of the now defunct bitcoin exchange have one last chance to dispute their claims. The civil rehabilitation trustee, Nobuaki Kobayashi, has also explained the details surrounding the court’s decision to approve or disapprove filed claims.
By CCN.com: It turns out that ripple (XRP) might not be the second-largest cryptocurrency after all. Researchers Claim Ripple’s Market Cap is Just $ 6.9 Billion That’s the bold thesis of a new report from crypto research firm Messari, which alleges that ripple’s circulating market cap — the combined value of all liquid XRP tokens —
The post Shock Claim: Ripple (XRP) Market Cap Massively Lower Than Advertised appeared first on CCN
By CCN.com: “I do believe it will go to zero. I think it’s a great technology but I don’t believe it’s a currency. It’s not based on anything,” said Jeff Schumacher, founder of BCG Digital Ventures, of the Bitcoin price during a CNBC-hosted panel in Davos, Switzerland. 1. Bitcoin is Actually Based on a Lot of
The post 10 Reasons Bitcoin Won’t Ever ‘Go to Zero’ as Davos Bears Claim appeared first on CCN
Researchers from seven colleges across the United States are working together on a supposedly groundbreaking cryptocurrency project which they say will offer scalability beyond anything that bitcoin can offer. Will a Cryptocurrency Called Unit-e Supplant Bitcoin? Known as Unit-e, the proposed cryptocurrency will purportedly have the capacity to rival Visa and Mastercard in terms of … Continued
The post Better Than Bitcoin?: MIT, Stanford Profs Make Bold Claim about New Cryptocurrency appeared first on CCN
Sky News, a British TV station and mainstream media outlet, reported that investors lost homes as the Bitcoin price crashed. But, the same argument can be applied to the stock market, real estate, and every other major market. The report claimed that investors put up their homes as collateral to receive loans and invest in
The post Reports Claim Investors Lost Homes as Bitcoin Crashed, Isn’t the Stock Market the Same? appeared first on CCN
Traders have reportedly incurred losses after OKEx settled bitcoin cash futures contracts with little warning ahead of last week’s hard fork.
A little-known cryptocurrency called AurumCoin (AU) has claimed that it was hit by 51 percent attack, and crypto exchange Cryptopia, where the cryptocurrency is listed, lost 15,752.26 AU (approx. $ 550,000 at the time of writing this article). However, the cryptocurrency has shifted the blame on Cryptopia. On AurumCoin’s website, it has claimed that it is not
The post Claim: Crypto Exchange Lost $ 500,000 Due to AurumCoin 51% Attack appeared first on CCN
A woman suing for 62,500 Canadian dollars ($ 48,125) sent to a phone scammer over a bitcoin ATM has lost her court case, local media reported. On Friday, Charlottetown Provincial Court chief judge Nancy Orr ruled that the fiat money deposited by the woman into the teller machine belonged to Instacoin ATM Canada Inc., owners of the digital cash dispensing unit.
‘Unfortunate Victim of Sophisticated Fraud’
“It’s most unfortunate that she was victim of such a sophisticated fraud,” judge Orr is quoted as saying, when she handed down her decision. However, she added that “It’s up to the bitcoin purchaser to know what they’re doing.”
Nouriel Roubini, a widely recognized economist and a professor at Stern School, has said that the decline in the value of Ethereum was expected due to its lack of active decentralized applications (dApps). He said: “No wonder Ethereum is collapsing. 75% of DApps are crypto-kitties, scammy Ponzi pyramid schemes & Casino games. The other 25%
The post Ethereum is Bad Due to Lack of Active dApps, Nobel Economist Says in Meritless Claim appeared first on CCN
The Bitfi wallet touted by John McAfee has disavowed its claims of being unhackable as research reveals security flaws. Despite this, McAfee stands by his word.
Despite claims by software maverick John McAfee to the contrary, a collection of researchers has produced evidence to discover security flaws in the ‘unhackable’ Bitfi Bitcoin 00 wallet. On Friday, BBC reported the statement which was issued by Bitfi via Twitter on August 30th:
Important announcement from Bitfi: pic.twitter.com/SD4ZCJxvLn
— Bitfi (@Bitfi6) August 30, 2018
A new study from the Imperial College London and eToro claims that cryptocurrencies are not only nearing mainstream adoption, but also the “next step” for money.
‘Cryptocurrencies Have Already Made Significant Headway’
Bitcoin is already being used as both a store of value and speculative investment. Soon, it may become a viable means of payment.
As noted by Independent, Imperial College London’s Professor William Knottenbelt claims:
The world of cryptocurrency is evolving as rapidly as the considerable collection of confusing terminology that accompanies it. These decentralised technologies have the potential to upend everything we thought we knew about the nature of financial systems and financial assets.
Google’s decision to ban all bitcoin and cryptocurrency adverts on its platforms isn’t going down well with cryptocurrency and blockchain technology proponents — with some believing that there is more to the decision than meets the eye.
In March 2018, Google issued a statement announcing that cryptocurrency-focused promotional content would no longer be allowed on all of its platforms. According to the statement, the ban covers adverts for ICOs, exchange platforms, wallet services, etc.
For stakeholders like Phillip Nunn — CEO of Blackmore Group, a cryptocurrency investment firm — the ban has a tinge of hypocrisy about it. Speaking to The Independent, Nunn said:
Earlier this week, a study published by Dutch researcher Alex de Vries concluded that Bitcoin mining uses almost as much electricity as the entire Republic of Ireland — but should we really be concerned?
‘Picked out of Thin Air’
Bitcoin mining is undoubtedly an energy-intensive process, as anyone who’s ever mined the most valuable cryptocurrency by market capitalization from home knows — but it might not be as concerning as many experts would lead you to believe.
Jonathan Koomey, a Standford lecturer who correctly illustrated how concerns over the early internet’s energy usage were dramatically unfounded, thinks researchers like de Vries are getting it wrong. Koomey told NBC News:
A public company in China is being questioned over a blockchain claim that appeared to drive a rally in its stock price.
The post How to Profit and Claim Bitcoin Forks in 2018 – The Ultimate Guide appeared first on 99 Bitcoins.
Warning: claiming and selling forkcoins involves considerable risks, and requires some advanced knowledge. By attempting these procedures, you accept all of these risks: Working with and exposing your Bitcoin private keys Installing and running certain software Trading and possibly identifying yourself on various exchanges If you don’t fully understand forks, please watch this video first: […]
The post How to Claim Bitcoin Gold (BTG): A Step-by-Step Guide appeared first on 99 Bitcoins.
On October 24, 2017, a new type of Bitcoin was created: Bitcoin Gold. This altcoin has the same abilities of Bitcoin, but its mining algorithm works a bit differently. Most importantly, it’s easier to mine with home equipment like GPUs. Anyone who held Bitcoins before the time of the creation of Bitcoin Gold is eligible […]
The post How to Claim Your Bitcoin Cash and Sell it for Bitcoin (TREZOR, Ledger, Electrum) appeared first on 99 Bitcoins.
Warning: this guide reveals the exact method the author used to claim free Bitcoin CasH and exchange it for Bitcoin on the 2nd of August. While every reasonable effort has been made to ensure complete and accurate information, the author can’t guarantee a successful outcome for those following this method. Waiting for better documented methods […]
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