What if blockchain moves away from a store of value to a store of information as a priority- all the while facing the exponential growth of bitcoin storage requirements? Ordinal inscriptions present …
DOJ Takes Down Mt. Gox Hackers For Multi-Million Dollar Crypto Theft
The United States Department of Justice (DOJ) has announced the unsealing of charges related to the 2011 hack of the crypto exchange Mt. Gox and the operation of the illicit cryptocurrency exchange …
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Can you recover stolen Bitcoin from crypto scams?
The process of recovering stolen Bitcoin from cryptocurrency scams is difficult and complex. The prevalence of cryptocurrencies has led to an increase in scams and other fraudulent practices that prey …
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Bitcoin slides after network congestion leads Binance to briefly halt withdrawals
Bitcoin fell to start the week, extending losses from a sharp drop over the weekend following reports by one of the biggest crypto exchanges in the world about “congestion” on the Bitcoin network. The …
The Path Forward For Cryptocurrency
My own basic views on cryptocurrencies to this point have been the following. The advent of the blockchain and the supported cryptocurrency systems are almost undoubtedly transformative. The fact that …
What security? Bitcoin enthusiast cracks known 12-word seed phrase in minutes
A systems architect cracked a seed phrase and won a 100,000 Satoshi bounty, or 0.001 Bitcoin, worth $29, in just under half an hour. Cointelegraph spoke to Andrew Fraser in Boston, who underscored how …
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How to fortify your cryptocurrency security
In today's uncertain economic climate, people are searching for alternative ways to invest and store their money. With high inflation rates during the last month and yet another crisis in the …
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Silk Road Hacker Sentenced After Police Seize 50,000 BTC
The Department of Justice announced sentencing in a Silk Road hacking case following a seizure of 51,000 bitcoin over the past two years. In 2012, defendant James Zhong amassed the bitcoin through a …
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The Real-World Costs of the Digital Race for Bitcoin
Texas was gasping for electricity. Winter Storm Uri had knocked out power plants across the state, leaving tens of thousands of homes in icy darkness. By the end of Feb. 14, 2021, nearly 40 people had …
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Debunking the myth: Cryptocurrency is used for criminal activity
Cryptocurrency is often associated with criminal activity, but this is mostly a myth, especially today. Bitcoin and other cryptocurrencies don’t provide complete anonymity due to the …
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