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Mass adoption could take crypto toward centralization

With mass adoption comes the danger that cryptocurrency could lose one in all its core price propositions: decentralization. This is the year cryptocurrency finally starts to interrupt into the thought. From Elon Musk and Tesla finance in and acceptive Bitcoin (BTC) to the recent non fungible token craze, the times of blockchain school being the domain of cypherpunks and coders square measure behind USA. Still, the technology has approximately advanced to the stage wherever the typical person can feel snug victimisation. and also the longer the usability of cryptocurrency takes to achieve the amount wherever it connects with nontechnical users,…

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Suspected 17-year-old Twitter hacker has 300 bitcoins (currently worth about $3.35 million:

The alleged mastermind behind the 15th July Twitter accounts hack of business titans, celebrities and a former president didn’t need sophisticated hacking tools to pierce the company’s security system. Instead, he persuaded an information technology employee at Twitter that he was a colleague who needed login authorisations to access the company’s customer support platform, according to law enforcement officials. It worked spectacularly. Graham Ivan Clark allegedly hijacked 130 Twitter accounts (45 had Tweets sent from them, direct message inboxes were in 36 of the accounts, & Twitter data was downloaded from 7 of them, the company said.) as a chunk…

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Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors

Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to 63 terahash per second (TH/s). The two Chinese ASIC mining rig manufacturers Ebang and Canaan have recently released some new bitcoin mining devices. Canaan has launched the Avalonminer 1146 Pro (63TH/s), while Ebang has released the E12+ (50TH/s). Interestingly, both firms are listed on the American stock exchange Nasdaq, while the other…

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Jiu-Jitsu Fighter Claims He Lost the Bitcoins He Bought in 2015

Cryptocurrency investors tend to come into the market with the hopes of making it big. However, some get unlucky and miss out on some massive gains due to various reasons. One of the unlucky ones appears to have been Craig Jones, a Brazilian fighter based in Australia. A Playful Investment that Could Have Yielded Results Earlier this week, the 27-year-old former International Brazilian Jiu-Jitsu Federation World No-Gi Champion wrote on the CoinJar blog that he had purchased Bitcoin back in 2015. At the time, he and a few friends had bought it as a joke, since it was so cheap. Sadly,…

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