カテゴリー: verge

Mischief-Maker Promises to Livestream a 51% Altcoin Attack

Mischief-Maker Promises to Livestream a 51% Altcoin Attack“On Oct 13, 3:00 CDT I will be doing a 51% attack against the cryptocurrency Einsteinium,” began the call-to-arms. As promises go, this one was as bold as it was brazen. The anonymous attacker has promised to assume majority hashrate control of an altcoin to demonstrate how easy the process is. As proof, they’ve not […]

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Market Caps for Privacy-Centric Currencies Have Dropped Significantly

Market Caps for Privacy-Centric Currencies Have Dropped SignificantlyOver the past few years, a few privacy-centric cryptocurrencies have gained both in popularity and value. Many of these coins like monero, dash, pivx, zcash, and more were at one time top ten digital asset contenders as far as market valuation is concerned. Now even though a few of these specific digital assets have dropped […]

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This Week in Bitcoin: Expanding Exchanges, New Crypto Fund, Patent, and Laws

This Week in Bitcoin: Expanding Exchanges, New Crypto Fund, Vault and Patent AnnouncedIn this week’s editions of Bitcoin in Brief we’ve covered a number of interesting developments in the crypto space. Several prominent exchanges have announced plans to increase their presence in new markets and locations, while a newly launched platform aims to rate them according to their liquidity, security, and volume. The weekly roundup also mentions […]

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Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate

Study Reveals ASIC Miners Represent 30% of the Equihash Mining HashrateThis week the Zcash Foundation and researchers from the University of Luxembourg have released a study that finds the presence of ASIC and FPGA miners may be controlling around 30 percent of the overall Equihash mining hashrate. The study speaks volumes to cryptocurrency developers and communities who have attempted to produce proof-of-work mechanisms that were […]

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Mining Manufacturer Obelisk Announces ASIC-Friendly Launchpad

Mining Manufacturer Obelisk Announces ASIC-Friendly LaunchpadObelisk, a new ASIC manufacturer led by Siacoin developer David Vorick, has released plans for an ASIC launchpad for Proof of Work coins. Its aim is to provide new and existing cryptocurrencies with an ASIC-friendly algorithm that will mitigate the rising threat of 51% attacks. Although initially devised with the company’s own ASIC miner in […]

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Proof of Work Coins on High Alert Following Spate of 51% Attacks

Proof of Work Coins on High Alert Following Spate of 51% AttacksFirst it happened to verge. $1.8m of cryptocurrency swiped in a matter of hours. Then to bitcoin gold, plundered in an $18m double spend attack. Then to verge again, this time to the tune of $1.7 million. Along the way, monacoin is also believed to have been hit. Someone is methodically working their way through […]

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Verge Struck by Second PoW Attack in as Many Months

Verge Struck By Second PoW Attack in as Many MonthsAccident-prone altcoin verge has been crippled by yet another mining attack. A little over a month after being subjected to a 51% attack, the network is once again at the mercy of a malevolent attacker who is rejecting blocks and profiting handsomely off the carnage caused. The repeat attack illustrates the risks faced by low […]

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The Privacy Coin Matrix: A Comprehensive Spreadsheet of Anonymous Digital Assets

The Privacy Coin Matrix: A Comprehensive Spreadsheet of Anonymous Digital AssetsAfter delving into the world of cryptocurrencies one can see that good majority of digital asset proponents are big fans of privacy and anonymity. Just recently a spreadsheet document was published that lists the top privacy-centric coins and the various differences between them. The paper called “Privacy Coin Matrix,” allows enthusiasts to see a comprehensive […]

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China Plays Jekyll & Hyde, After Ban It Will Publish Monthly Crypto Report

China Plays Jekyll & Hyde, After Ban It Will Publish Monthly Crypto ReportChina’s government is well known as a crypto hater, and its banishments and pronouncements are the stuff of wild market swings. That doesn’t mean, however, they’re not keeping close eye on decentralized currencies. In fact, according to recent press releases, Chinese authorities are set to publish regular monthly analysis of over two dozen crypto assets, […]

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Cryptocurrency Communities Just Can’t Get Along

Cryptocurrency Communities Just Can’t Get AlongIf there’s one thing that rival cryptocurrency factions can agree on, it’s their mutual dislike of one other. Everything else is up for debate, and not calm, reasonable debate, but the sort of fevered in-fighting that makes the crypto community resemble an unruly rabble. This internecine squabbling has arguably done more to hinder cryptocurrency adoption […]

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