Bitcoin Price Grows Amid Stock Exchange TurmoilFollowing the continuing unrest at global markets, especially China, the bitcoin exchange rate skyrocketed to $455 at the time of writing. Overnight volatility in China has caused the American stocks to open sharply lower. The Chinese capital outflow restrictions and continuing economic slowdown have been cited among the main reasons for recent ascension of bitcoin’s […]
BTCC Controversy: 100 Full Nodes Donated by the Exchange Appear to be Running on Amazon Web ServicesRecently BTCC has launched 100 full nodes across five continents in order to maintain decentralized arrangement of the bitcoin system. Back then, the company explained this move by its wish to keep bitcoin away from any centralization. Samson Mow, COO at BTCC, stated that the company has launched the nodes in order to help the […]
BTCC Resisted a Harsh DDoS AttackOne of the world’s biggest digital currency exchanges has reported to suffer a severe DDoS attack on New Year’s eve. The extortionists behind the attack demanded a ransom of 1 BTC to cease the DDoS attack. During the attack, the exchange tweeted: Our website is under DDoS attack, which is hampering access to our APIs […]
Cryptsy Halts Trading Operations and WithdrawalsDigital currency exchange Cryptsy, which has been known for continuing problems with withdrawal of funds, has stated it suspended the exchange’s trade engine on January 5, 2016. Lots of the company’s customers have complained the exchange fails to provide proper withdrawal of their assets, if it provides any. Technical issues seem to be inherent in […]
A Brief History of Russian Internet Obscurantism in 2015The year 2015 was marked as the year of expanding obscurantism and controversies around several internet-related issues in Russia. According to one of relatively new Russian laws, the state supervising agency Roskomnadzor has the right to restrict or prohibit access to any website at its own discretion and without any court rulings. The agency was […]
Garzik and Andressen State that Maxwell’s Bitcoin Roadmap Lacks Consideration of Important IssuesTwo prominent Bitcoin Core contributors, Jeff Garzik and Gavin Andressen, co-wrote a response to the recently published bitcoin scalability roadmap by Gregory Maxwell, which is based on the SegWit concept.
Visa: Blockchain is No Longer a Choice AnymoreThe latest report released by Visa Europe discussing the current matters in the payments industry gave profound consideration to innovations in financial technologies, as well as blockchain-based solutions.
Hackers Brought Down CoinbaseYesterday, Coinbase’s website was brought down by a DDoS attack. Claiming the responsibilty for the attack are two hackers, L7Crew and An0CBR. Coinbase is among the world’s biggest cryptocurrency exchanges and wallet providers. It renders services in 190 countries across the globe. However, apparently the attack has affected only the main website of the company, […]