In 2016, North Korea made cybersecurity news again with an $81-million heist from the Bangladesh central bank. On May 17th, North Korea’s bitcoin mining operation saw a huge spike in activity. This piece discusses North Korean ventures into crypto, and its links to ransomware outbreaks and cyberheists.
Dubbed “the digital silver,” Litecoin is a digital currency that can be described as Bitcoin’s younger sibling. But everyone dropped the “younger” part for a while on July 5 when the trade volume of LTC surpassed US$1 billion, leaving BTC in the rearview mirror for a moment. According to our forecast, the foreseeable future may find “the digital silver” trading at $65 per 1 Litecoin.
investFeed is a New York based “community powered social trading network” making the switch from US equities to cryptocurrency. Their pivot to digital currencies is described as a key move to cater to an exponentially growing industry.
It’s been a long and windy road since Bitcoin was first challenged by Kazakhstan, but the Central Asian nation finally seems to have had a change of heart
While the push for renewable energy is gaining traction, consumers are still tied to large power grids and the even larger cartels who control them. But things might be changing. In 2016, the first ever blockchain managed energy transaction occurred in Brooklyn through a microgrid that allows users to trade energy through a virtual, peer-to-peer system built on blockchain technology.
The representatives of nation-states often refer to their attacks on the crypto-heavy darknet as a war on drugs. In practice it’s a war on their populations, but there’s probably some benefit in playing along with the martial terminology. Let’s apply a little history – both the bang-bang kind and the crypto kind – to this Dutch/Fed/also-ran takedown of Hansa and AlphaBay.
The post After AlphaBay: Mitigating harm, holding tight to the big picture appeared first on Crypto Insider – Bitcoin and Blockchain News.
$110 million US indictment against BTC-e links back to MtGox scandal – “unplanned maintenance” looking to stretch out
In all the noise about the BTC-e shutdown and the arrest of Vinnik, the Financial Crimes Enforcement Network (FinCEN) are further showcasing the heavy-handed stance the US will take on all matters crypto. While this case may see long-awaited justice served, reading in-between the lines show implementations of an aggressive expansion of regulatory “safe guards” for crypto adopters in the US.
It’s taken the Bitcoin industry years to reach an agreement on how to best scale Bitcoin and begin the process of activating Segregated Witness, a solution which was originally proposed in December 2015. Despite extensive analysis from experts including Blockstack co-founder Ryan Shea which proved SegWit to be a secure and practical solution which solves […]
This post Early Stage Investor Talks Bitcoin’s Scalability & Long-Term Vision first appeared on Coinjournal.