281 Alleged Email Scammers Arrested in Massive Global Sweep

The most sweeping takedown yet of so-called BEC scammers involved arrests in nearly a dozen...

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David Chaum’s Elixxir Invites Smartphone Users to Test Private Messaging
Sep11

David Chaum’s Elixxir Invites Smartphone Users to Test Private Messaging

In an age where Google, Facebook and the NSA are known to be harvesting as much as our communications as they can, many people are concerned that online privacy now only exists in the history books. One project trying to address this is the metadata-shredding platform Elixxir, led by cypherpunk innovator David Chaum, which now lets smartphone users test the network’s private messaging capabilities. Also Read: Total Surveillance...

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Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash
Sep11

Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash

Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast and Bitmain expects to deliver units by mid-November. Meanwhile, the combined SHA256 hashrate (BCH and BTC) has grown exponentially, touching 100 exahash per second (EH/s) on Tuesday....

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Plans to Build $50M Bitcoin Cash Tech Park Revealed
Sep11

Plans to Build $50M Bitcoin Cash Tech Park Revealed

At the Bitcoin Cash City conference in North Queensland, the CEO of Code Valley, Noel Lovisa, announced plans to build a $50 million dollar Bitcoin Cash tech park in the city of Townsville. The plan is to aggregate startup companies and there are more than 12 Bitcoin Cash focused startups already on board. Additionally, the BCH tech park creators aim to create a sister project with a mining and server facility built near the Kennedy...

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Government Hates Crypto Because It Empowers the People, Not Because It’s Used for Crime
Sep11

Government Hates Crypto Because It Empowers the People, Not Because It’s Used for Crime

A recent article from MIT Technology Review has leveraged a somewhat sensationalist headline to stir up fear about bitcoin and crypto. The article, written about a “hidden” government weapon to be deployed against Bitcoin, references September 3 senate subcommittee testimony by Washington D.C. consulting firm Financial Integrity Network. In the testimony, Vice President of the firm David Murray calls for the Bank Secrecy...

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