Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M
Apr21

Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

During the first week of April, news.Bitcoin.com reported on a large swarm of darknet market (DNM) users flocking from Dream to the Wall Street marketplace. However, the migration hasn’t been as successful as it may have first seemed, with some vendors alleging that Wall Street has pulled an exit scam and ran off with $30 million in crypto held in escrow. Also read: The Darknet’s Largest Marketplace Is Closing – But...

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These Next-Generation Mining Rigs Pack a Ton of Hashpower
Apr21

These Next-Generation Mining Rigs Pack a Ton of Hashpower

Last week, mining manufacturer Bitmain launched its latest Antminer 17 series. Now Canaan Creative has published its own device specifications and pricing for the new Avalonminer 10 series that process between 31-33 trillion hashes per second (TH/s). In addition to Canaan’s latest miners, two more China-based companies are releasing next-generation miners this summer that mine at maximum hashrates between 46-70TH/s. Also read:...

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BCH Merchant App Allows Businesses to Accept Crypto Payments in Store
Apr21

BCH Merchant App Allows Businesses to Accept Crypto Payments in Store

Cryptocurrency gives companies another payment option to offer their customers that yields a host of benefits. In the case of bitcoin cash, crypto payments are an easy, fast and cheap option, thanks to ultra-low onchain fees. BCH Merchant is a Point of Sale app that allows businesses to accept bitcoin cash. Also read: Crypto-Friendly Banking Platform Cashaa Offers Personal and Business Accounts Free App Helps Expand Payment Options...

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Russia Adopts Law to Isolate Runet From the Internet
Apr20

Russia Adopts Law to Isolate Runet From the Internet

Runet, the Russian segment of the internet, is about to be isolated from the rest of the web. A new law adopted by the State Duma aims to do so in order to supposedly protect it from external threats and turn it into a “sovereign” space. Russian taxpayers and end users will pay the bill for the extra security that is likely to affect internet businesses including crypto platforms. Also read: Lithuania to Adopt Crypto...

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Without a True Two-Way Peg No ‘Real’ Sidechain Exists, Says Drivechain Creator
Apr20

Without a True Two-Way Peg No ‘Real’ Sidechain Exists, Says Drivechain Creator

On April 17, the founder of the Drivechain project, Paul Sztorc, published a new blog post concerning the validity of today’s so-called ‘production sidechains.’ Sztorc has declared on multiple occasions that true sidechain technology hasn’t been invented yet and even Blockstream’s Liquid protocol, dubbed “the first production sidechain,” in a critical sense is not a ‘real’...

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Five Simple Ways to Increase Your Privacy When Using Cryptocurrency
Apr20

Five Simple Ways to Increase Your Privacy When Using Cryptocurrency

Cryptocurrency without privacy is pointless. If your coins aren’t fungible, you lose much of the benefits of using cryptocurrency in the first place. Privacy isn’t just won and lost onchain though. In fact, much of the privacy gains to be made when it comes to sending, spending and trading crypto occur offchain, as you go about your business on the web. Also read: Wasabi’s Privacy-Focused BTC Wallet Aims to Make...

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