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Showing posts from February, 2018

Particl’s Security Prevents Meltdown / Spectre From Affecting Proof-of-Stake Blockchain

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Earlier this year, nearly every device with an Intel CPU was affected by the Meltdown and Spectre vulnerabilities. The two vulnerabilities allowed hackers and malicious actors to steal passwords and sensitive information from devices, by accessing the memory and secrets of programs on the operating system of devices. Meltdown, easier to exploit than Spectre, breaks the basic isolation between user applications and the operating system of devices, leaving memory and private data vulnerable to attacks. Spectre, more difficult to exploit but also harder to detect, allows malicious actors to trick error-free programs to leak secrets, leading sensitive data to be released. In January, Oleg Andreev, the protocol architect at blockchain company Chain, stated that proof-of-stake (PoS) is an "incompetent" idea because when major vulnerabilities like Meltdown and Spectre are exploited, private keys stored locally in memory are retrievable. When private keys are lost, attackers can ea...

Turkish Minister Proposes National Cryptocurrency

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The deputy chair of Turkey's Nationalist Movement Party (MHP), Ahmet Kenan Tanrikulu, has written a 22-page report seeking to highlight the regulatory vacuum that presently exists in Turkey pertaining to cryptocurrencies. The report also makes a number of policy recommendations for the development of a regulatory framework for virtual currencies, including advocating that Turkey develop a national cryptocurrency. MHP Chair Authors Cryptocurrency Report Turkish Minister Proposes National Cryptocurrency Minister Ahmet Kenan Tanrikulu The MHP deputy chair and former Industry Minister, Mr. Tanrikulu, has written a detailed report seeking to encourage Turkish lawmakers to develop a regulatory apparatus for cryptocurrencies. In recent history, the Turkish government has struck a dismissive regarding cryptocurrencies, describing such as akin to a Ponzi scheme and warning prospective investors against seeking exposure to the virtual currency markets. Mr. Tanrikulu is concerned that Turkey ...

Lisk Price Retakes $23.5 Level With Solid Gains Over Bitcoin

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As all cryptocurrency markets show a sign of life again, things are looking pretty good all across the board. So far, the Lisk price has seen some positive changes over the past week. Even though there was a big dip along the way, the overall trend seems to be intact right now. With the current Lisk price of $23.83, things are looking rather interesting for this particular altcoin. Maintaining a positive trend will prove to be difficult in the long run, though. It is quite interesting to see how things evolve in the world of cryptocurrencies. More specifically, we have seen several weeks of negative pressure, but things are certainly heading in the right direction once again. Even the Lisk price is noting some solid gains, as this particular altcoin has been on the rise for quite some time now. With a solid 16.83% gain over the past 24 hours, the Lisk price is making up a lot of lost ground in quick succession. All of this is achieved despite a rather low trading volume, though. Whil...

Bitcoin Cash Markets Recover — While Infrastructure Support Increases

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This past week bitcoin cash (BCH) markets have been suffering from the bearish sentiment plaguing cryptocurrencies across the board. On February 6 the price of BCH reached a low of $740 per coin but has since bounced back to the $950-1,050 region on Bitstamp Tuesday evening. Bitcoin Cash Markets Begin to See Recovery Ahead This week bitcoin cash markets took a hit as BCH had lost roughly $588 USD (-39%) in value over the past seven days. At the moment the price has rebounded and is coasting along at just between the $950-1,050 zone after bouncing back much of Wednesday's trading sessions. BCH trade volume has been averaging roughly $650 million to $1 billion over the past week. Exchanges swapping the most bitcoin cash today include Okex, Bitfinex, Hitbtc, GDAX, and Huobi. Currently, the top currencies traded with bitcoin cash include BTC (57%), USD (21%), tether (USDT 11%), the Korean won (4%), and the euro (2%). On February 7, 2018, the price of bitcoin cash is hovering around $1,...

Wolf Of Wall Street Says Bitcoin Could Hit $50K Before Crashing

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Jordan Belfort, known colloquially as the "Wolf of Wall Street", has yet again cast doubt on Bitcoin, this time in a video interview with entrepreneur Patrick Bet-David, posted on Bet-David's Facebook Jan. 31. Belfort told Bet-David that he doesn't believe Bitcoin (BTC) itself is a scam, referring to it as the creation of "financial anarchists". He does think, however, that the way the cryptocurrency was built is a "perfect storm for manipulation". Belfort believes that the rising price of BTC can be attributed to wild speculation because of what he sees as improper use of the cryptocurrency: "Something [BTC] was designed to be used as a currency, and it's being used as an investment vehicle [...] As a currency, Bitcoin is no more useful at $20,000 or $100." Belfort spoke negatively about the potential for manipulating crypto markets due to the thinness of the market, specifically referencing the case of Olaf Carlson-Wee, an early ado...

Bitcoin.com Introduces the New Buy Bitcoin Cash Portal PROMOTED 17 hours ago | Bitcoin.com | 9888 | 13

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The web portal Bitcoin.com has just launched its Buy Bitcoin Cash page that enables users to easily buy bitcoin cash (BCH) using a credit card. The new addition makes purchasing peer-to-peer digital cash simple and safe for those looking to join this innovative environment. The New Buy Bitcoin Cash Portal Sometimes trying to acquire bitcoin can be a tedious task that requires verification from an exchange, and often times they don't accept credit cards. Now with Bitcoin.com's Buy Bitcoin Cash portal allows users from many countries all around the world the ability to obtain BCH easily (Bitcoin.com also offers a page where users can purchase BTC, bitcoin core). Bitcoin cash is a decentralized cryptocurrency that offers fast on-chain transactions, and fees are less than a penny to send any amount of funds. The Buy Bitcoin Cash tool is a quick and easy way to get involved in the growing cryptocurrency economy. A Safe Way to Purchase Digital Currencies With a Credit Card To get sta...