Indian Government Inaugurates National Crypto Forensic Lab
Feb19

Indian Government Inaugurates National Crypto Forensic Lab

The government of India has inaugurated a national cyber forensics lab which includes a cryptocurrency forensic lab to perform crypto-related analyses. Alongside this is the inauguration of the Delhi Police’s cybercrime unit which will deal with fraud involving cryptocurrencies. It is the first cybercrime awareness and detection center in the country, according to a commissioner. Also read: Indian Blockchain Summit...

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Another ‘Satoshi’ Steps Out of the Woodwork, Calls Craig Wright a Liar
Feb19

Another ‘Satoshi’ Steps Out of the Woodwork, Calls Craig Wright a Liar

On Feb. 8, the chief executive of Nchain, Craig Wright, wrote a blog post that purportedly described his experience of creating Bitcoin. Wright’s essay states “I was Satoshi” but throughout the story, he refuses to reveal his keys. It’s not the first time Wright has claimed to be Satoshi, but in the comment section of his blog post, another character calls him a “liar” and claims that he is in fact...

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Indian Police Arrest ‘Cashcoin’ Gang Accused of Scamming Millions From Investors
Feb19

Indian Police Arrest ‘Cashcoin’ Gang Accused of Scamming Millions From Investors

Police in Mumbai have busted a gang allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (nearly $14 million). The gang targeted people by launching a cryptocurrency called Cashcoin and sold it to investors, promising to double their money.  Also Read: Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation  An Intention to Cheat Four people have been arrested in...

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Drivechain Creator’s Latest Paper Sparks Debate Over Bitcoin’s Future Security
Feb19

Drivechain Creator’s Latest Paper Sparks Debate Over Bitcoin’s Future Security

Drivechain developer Paul Sztorc has the cryptocurrency community riled up over his latest blog “Security Budget in the Long Run.” The essay discusses the economics of BTC network fees over a long period of time and suggests rather than giving up the fees to competition, a dominant protocol should collect fees “from all networks.” Also Read: More Than 30% of BTC Traffic Stems from the Veriblock Project...

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Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018
Feb19

Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018

A survey has determined that advertisers believe the word “blockchain” to have been the most overrated of 2018. This is hardly a surprise as many companies from fields completely unrelated to cryptocurrency claimed to use or test blockchain technology last year with little to show for it. Also Read: In the Daily: Shapeshift Beta, Coinsquare Acquisition, Grayscale Investment Report Most Overrated Word of 2018 A recently...

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