Critical Bug Found in Bitcoin Core Invokes the Multiple Client Argument

Over the last 24 hours, the cryptocurrency community has been discussing a critical vulnerability that was found in the Bitcoin Core (BTC) reference client. A bug introduced in Bitcoin Core version 0.14, that also affects all subsequent versions, could have caused a great majority of current Core nodes to crash. According to the developer’s Optech… Read More

Almost $1B in Bitcoin Moved Around in Silk Road Wallet Addresses

Mysterious movements from the original Silk Road wallet suggest that the US government is cashing out on the Bitcoin gradually. The Silk Road market may be dead—we actually checked just to see if it came back somehow—but its wallet appears to be alive. Over a billion dollars in Bitcoin are being moved from several wallets… Read More

“Bitcoins for cash in bags” trader gets 12 months in prison

We found the full story in what’s called the Sentencing Position document filed by the United States of America in its federal court case against Theresa Tetley, aka the “Bitcoin Maven”. The Bitcoin Maven (a maven, in case you are wondering, is an expert or connoisseur) had already pleaded guilty to money laundering charges relating… Read More

Is the Bitcoin network an oligarchy?

Cryptocurrencies like Bitcoin can be analysed because every transaction is traceable. This means that they are an attractive system for physicists to study. In a paper published in EPJ B, Leonardo Ermann from the National Commission for Atomic Energy in Buenos Aires, Argentina, and colleagues from the University of Toulouse, France, have examined the structure… Read More

Nakamoto Family Foundation

Announcing the first excerpt to a literary work consisting of two parts. The excerpt is provided. I wanted to include it as a brief glimpse of history. Even for those that can’t read the full book, I wanted to make this available to everyone. A short story if you will, with some of the most… Read More

Feds Pose as Cryptocurrency Money Launderer to Bust Alleged Dark Web Dealers

In a novel investigative strategy, rather than just following the money, investigators went undercover as someone converting Bitcoin into cash, exploiting a financial bottleneck faced by dark web criminals. Law enforcement agencies are always looking for new ways to identify suspects on the dark web, whether that means using malware to unmask people, executing wide… Read More

Apple Bans Apps That Mine Cryptocurrencies

Apple has updated its review guidelines to specifically prohibit iOS and Mac apps uploaded on the company’s official App Store from utilizing users’ devices for cryptocurrency mining operations. The ban applies for apps designed explicitly with mining operations in mind. Other cryptocurrency-related functions, like managing or trading cryptocoin funds, are still permitted. Two sections have… Read More

Bitcoin price takes a dive after another cryptocurrency exchange hack

The exchange in question is called Coinrail, and if you visit its website right now you’ll see a “System maintenance” message that tells you more than they’re just updating the servers. The devil’s in the detail – the site is down because it got hacked over the weekend. The statement on Coinrail’s website says that… Read More