Digital49ers
 
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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license. Click here for a concise explanation of how it works or here for a detailed technical description.
Keep Calm and Slave On
Ripple paid MoneyGram $9.3 million in Q3
30 Oct 2020 20:36

Each quarter, Ripple (XRP) pays it’s strategic partner MoneyGram to provide liquidity to its ODL Network. However, the partnership between the two companies does not seem to be productive. In Q2 2020, a MoneyGram spokesperson said, “we [MoneyGram] sell XRP as soon as we receive it,” and this was after it was revealed that Ripple [...]

$5.8 million stolen from KuCoin is on the move
30 Oct 2020 17:46

According to the blockchain analytics firm Elliptic, BTC stolen from KuCoin during the September 25th KuCoin hack is being laundered through ChipMixer. “The KuCoin thief has now started to move the stolen BTC,” said Elliptic chief scientist and co-founder Tom Robinson. “The process is ongoing, but of the 1,008 BTC stolen, 425 BTC have now [...]

Harvest Protocol increases bounty to $1 million
30 Oct 2020 14:24

Harvest Finance ($FARM), the DeFi project that was exploited for $33.8 million on October 26th, has increased its bounty reward for identifying the attacker from $400,000 to $1 million. How it happened The attacker used their knowledge of Harvest Protocol as well as which external smart contracts that Harvest protocol interacts with to manipulate prices [...]

Bitcoin Association webinar talks Asia: How are you unlocking value in digital economy?
30 Oct 2020 12:00

Bitcoin Association’s latest webinar turns its focus towards the Asia-Pacific region and the projects that sometimes don’t get much airtime outside their local markets. [...]

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Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High
30 Oct 2020 20:30

A few central banks have ...

The New Bullrun Rushes Investors Towards Securypto
30 Oct 2020 17:30

PRESS RELEASE. With Round 1 Fully Sold Out, Investors scramble to get on board of Securypto IEO. In a world where datahacks have become the norm rather than the exception, anonymity ...

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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto