Ethereum Devs Reach Consensus to Delay Constantinople Hard Fork Until January 2019

Ethereum (ETH) core developers have reached a consensus to delay a planned hard fork of the protocol until January 2019, in a meeting Friday, Oct. 19. The fork, dubbed “Constantinople,” was first trialed on Ethereum public testnet Ropsten on Oct. 13, and had been slated to be activated on the main Ethereum blockchain by the … Read moreEthereum Devs Reach Consensus to Delay Constantinople Hard Fork Until January 2019

$50 Million Bitcoin Mining Farm Opens in Armenia

Mining A new cryptocurrency mining facility opened in Armenia on Oct. 18. The $50 million farm will extract bitcoin and ethereum using 3,000 machines, according to local media reports. Around 120,000 more miners are to be added in the months to come. Also read: Marks Jewelers Now Accepts Bitcoin Cash For Payments Multi Group and Omnia … Read more$50 Million Bitcoin Mining Farm Opens in Armenia

Report: North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen

Hacker group “Lazarus,” reportedly funded by North Korea, has stolen a staggering $571 million in cryptocurrencies since early 2017, a study conducted by cybercrime company Group-IB reveals. Key takeaways from the study were published Tuesday, Oct. 16, alongside the full annual report, entitled “Hi-Tech Crime Trends.” The report, dedicated to hacks in 2017 and 2018, … Read moreReport: North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen

US Marshals Service Announces Auction of 660 BTC

Featured The United States Marshals Service (USMS) has announced an auction of 660 BTC that is scheduled to take place on Nov. 4. Under the auction rules, interested participants must formally identify themselves to the USMS and submit deposits of $200,000. Also Read: Trump Tariffs to Impact Chinese Mining Hardware Manufacturers USMS to Auction Forfeited BTC … Read moreUS Marshals Service Announces Auction of 660 BTC

‘Cryptocurrency Fever’ Has Begun to Diminish, Russian Central Bank Head Says

The head of Russia’s central bank, Elvira Nabiullina, believes that “crypto fever” is beginning to diminish, major Russian news agency RIA Novosti reports Thursday, Oct. 18. Nabiullina, while speaking at finance innovation forum Finnopolis held in the South Russian city of Sochi, said that she believes cryptocurrencies and blockchain are now being treated more rationally: … Read more‘Cryptocurrency Fever’ Has Begun to Diminish, Russian Central Bank Head Says

The Daily: Peak Blockchain and Stablecoin Drama

The Daily Differentiating truth from fiction isn’t always easy, especially in the realm of blockchain. We’ve got distributed ledger stories both real and fanciful in this edition of The Daily, as well as hardware wallet news, an update on bitcoin futures, and the obligatory smattering of stablecoin drama. Also read: Blockchain Surveillance Firm Partners With Cryptocurrency … Read moreThe Daily: Peak Blockchain and Stablecoin Drama

85 Percent of Developers Can Alter Their Cryptoassets’ Protocol, Research Shows

Cryptocurrency tracking resource CryptoCompare’s recent study has shown that 85 percent of crypto assets allow development teams to alter their platforms. The report was published Wednesday, Oct. 17, on CryptoCompare’s website. To create the report, CryptoCompare reviewed hundreds of crypto and blockchain projects, with experts detecting a tendency towards centralization set by utility tokens that … Read more85 Percent of Developers Can Alter Their Cryptoassets’ Protocol, Research Shows

Market Analysis Report (17 Oct 2018)

Bitfinex Launches ‘New, Improved’ Deposit System Amid Market Chaos Yesterday, Bitfinex exchange announced an upgrade to its fiat currency deposit system. After causing a stir last week by briefly halting U.S. dollar, GBP, EUR, and Japanese Yen deposits. The minimum fiat deposit amount on Bitfinex will remain at 10,000 USD with a 0.100% processing fee. The company stated: “We … Read moreMarket Analysis Report (17 Oct 2018)

Russian Accused of Hacking Public Servers to Mine Bitcoin Faces up to Five Years in Prison

A 21-year-old Russian from the Siberian city of Kurgan is facing criminal charges for illegally mining Bitcoins (BTC) via government-owned servers, local news agency Ura.Ru reports Tuesday, October 16, citing the regional office of Russia’s Federal Security Service (FSB). The investigation found that the man hacked public administration servers in three Russian regions. The breach … Read moreRussian Accused of Hacking Public Servers to Mine Bitcoin Faces up to Five Years in Prison