• Ethereum

    Upbit exchange hacker relieved of ill-gotten gains

    After Whale Alert tweeted a warning that $27,000 in ether stolen from Korean exchange Upbit last year had been sent to his exchange, Binance CEO Changpeng “CZ” Zhao acted quickly

    At 12:06 p.m. on May 13, @whale_alert tweeted out a warning that 137 ETH stolen from the South Korean Upbit exchange last November had been transferred to a wallet address on Binance. Of course, there's another 341,863 ether still missing.

  • Binance jumps into bitcoin mining
    Bitcoin,  Cryptocurrencies,  People

    Binance jumps into bitcoin mining

    The biggest cryptocurrency exchange promises ‘the lowest rates’ but also raises concerns about the concentration of mining power in a few hands

    Cryptocurrency exchange Binance jumped into bitcoin mining business today, announcing the launch of Binance Pool. The move comes only weeks before the third “halving” will reduce the reward for mining a Bitcoin block from 12.5 BTC to 6.25 BTC—an event that has preceded big price increases in the past.

  • Craig Wright word worthless
    Alt coins,  Bitcoin,  Opinion,  People

    EXCLUSIVE: The Case Against Craig Wright, Part II (2012 to present)

    A #Faketoshi hobbyist walks us through more of the details behind accusations that Craig Wright lied and forged proofs that he is Bitcoin creator Satoshi Nakamoto

    The vast majority of the cryptocurrency community thinks Craig Wright is lying when he claims to have invented Bitcoin. This includes luminaries like Ethereum creator Vitalik Buterin, Binance exchange CEO Changpeng “CZ” Zhao, and many others who have reacted with rage to the Australian’s claims. That said, when people call Wright a liar, they generally refer to loads of proof without going into detail. So, we decided to dive into what proved to be a very deep pool.

  • Embattled Libra Association
    Cryptocurrencies,  Politics

    Embattled Libra Association’s radical overhaul

    With a rewritten white paper and a ‘watered-down’ concept, Facebook’s controversial Libra stablecoin project is hoping to succeed in wooing regulators the second time round

    After receiving a fierce and unequivocal pushback from regulators worldwide, an embattled Libra Association now plans to offer digitized versions of single currencies—paving the way for a Libra dollar (LibraUSD), Libra euro (LibraEUR), and Libra pound (LibraGBP) in addition to the Libra payment token (≋LBR).

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