How WIRED Lost $100,000 in Bitcoin

We mined roughly 13 bitcoins and then ripped up our private key. We were stupid—but not...

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Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up Operation
May29

Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up Operation

Cease and desist letters have been sent to five crypto companies operating in Alabama, as part of the ongoing “Operation Crypto-Sweep.” The campaign, led by the North American Securities Administrators Association, is targeting ICO projects and blockchain startups suspected of fraudulent activities and violations of existing securities laws. Actions have been taken already by NASAA members in a number of states and...

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Bithumb to Lower Withdrawal Limit for Crypto Traders Not Using Real-Name System
May29

Bithumb to Lower Withdrawal Limit for Crypto Traders Not Using Real-Name System

One of South Korea’s largest cryptocurrency exchanges, Bithumb, has reportedly announced that it will gradually lower the withdrawal limit for any accounts that have not been converted to real-name ones, citing risks of financial crimes. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Lowering Withdrawal Limit Bithumb reportedly said on Monday that it has “decided to gradually reduce the...

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Second Class Citizens or a False Narrative? The Non-Mining Node Debate Heats Up
May29

Second Class Citizens or a False Narrative? The Non-Mining Node Debate Heats Up

Over the past few months, there has been an ongoing theoretical and ideological debate concerning the difference between mining nodes and non-mining nodes, and whether or not one set of nodes is more important than the other. The ongoing argument between BCH proponents and BTC supporters often leads to the node debate as to which group of nodes is stronger. The dispute has even led some BTC luminaries to state that users who...

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Bitcoin Addicts Crave Risk, Excitement, Escape
May29

Bitcoin Addicts Crave Risk, Excitement, Escape

Corner those experienced within cryptocurrency’s ecosystem, and they’ll admit something akin to addicts exist. That fine line between obsession and irrational exuberance is probably best exemplified in wild price fluxuations, furious buying and selling. At least one historic county in Scotland, Peeblesshire (Siorrachd nam Pùballan), believes they’ve identified bitcoin addicts, and are beginning to treat them...

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