Not Your Keys, Not Your Coins: How Arwen Wants to End Exchange Custodianship

The long list of cryptocurrency exchange hacks tells the story of one of the Bitcoin industry’s biggest problems to date: Custodial exchanges are a big target for attackers and a centralized point of failure for those that rely on them. Just this year, about $200 million worth of cryptocurrency became inaccessible when QuadrigaCX’s CEO passed ...

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Crypto Exchange Bits of Gold Wins Court Dispute Against Bank

Israel’s Supreme Court has ruled in favor of crypto exchange Bits of Gold in its legal battle with Bank Leumi, the country’s second-largest bank. The ruling means Bank Leumi has to open banking services to the exchange, although the bank has objected to the decision in principle, per a report on Finance Magnates. The news outlet quotes Bits of Gold ...

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Proof of Wrongs: Debunking ‘Faketoshi’ With Jameson Lopp

In this episode, Dave and Grahm sit down with Jameson Lopp to discuss his recent op-ed, which appeared on BitcoinMagazine.com on May 8, 2019. “How Many Wrongs Make a Wright” is a comprehensive investigation into Craig Wright and his questionable claims of being Satoshi Nakamoto, the creator of Bitcoin. Interview Resources: Op Ed: How Many Wrongs Make A Wright? Twitter: ...

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Apps, Services and Devices That Put Every Bitcoiner in the Driver’s Seat

In the beginning, there was Bitcoin Core. Satoshi Nakamoto’s seminal software implementation for the Bitcoin network was a one-stop shop for early users: For the earliest adopters, it functioned as a full node, wallet and miner. Ten years and a few moons later, the Bitcoin service industry is undergoing a technical renaissance. Today, applications and hardware abound that give bitcoiners ...

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The FBI Wants QuadrigaCX Victims to Share Their Experiences, Posts Questionnaire

The U.S. Federal Bureau of Investigation (FBI) has questions in its ongoing investigation into the mysterious $190 million collapse of Canadian crypto exchange QuadrigaCX, so it’s turning to previous customers of the exchange for answers. Yesterday, the agency posted a questionnaire on its website requesting responses from QuadrigaCX victims. In cooperation with various departments of the U.S. government, the FBI ...

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LocalBitcoins Stops Cash Trades, Personal Offers on Platform

Multiple users have reported that crypto trading platform LocalBitcoins has stopped allowing customers to make in-person trades of crypto assets for cash in an anonymous fashion. Reddit user u/GrayLifes first posted about this development on June 1, 2019, claiming that cash ads were removed from the platform without warning. A wide range of other users concurred, stating that all “local ...

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Slush Pool Operator Braiins Set to Rollout Upgrades

Braiins, a cryptocurrency mining pool operator based in Prague, is rebranding its company’s operation and bringing all of its products under a single umbrella. Updates Are Coming Braiins is the company behind Slush Pool, the original cryptocurrency mining pool with a hash rate of 5.32 Eh/s, per its website. After operating in the mining sector for some years, it appears ...

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Slush Pool Operator Braiins Set to Rollout Upgrades

Braiins, a cryptocurrency mining pool operator based in Prague, is rebranding its company’s operation and bringing all of its products under a single umbrella.Updates Are ComingBraiins is the company behind Slush Pool, the original cryptocurrency mining pool with a hash rate of 5.32 Eh/s, per its website. After operating in the mining sector for some years, it appears to be ...

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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early ...

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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early ...

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