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Telegram Withdraws Appeal, Effectively Ending TON Saga

26 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Telegram has withdrawn its appeal in its case against the freezing of the Telegram Open Network (TON) network and distribution of the digital assets, according to court documents released on May 22. The decision effectively cements the ends of the TO...

Users to Get Paid in Crypto For Watching Porn

26 May 2020 1 minute read 11 comments Abhimanyu Krishnan

Italian porn-focused crypto project PornVisory will reward its users with cryptocurrency for watching pornography. PornVisory founder Veronica Noschese said that cryptocurrencies were ideal for the pornography industry, as many users are keen on keep...

It Costs About $10K/hr to Attack Bitcoin Cash Network

26 May 2020 1 minute read 0 comments Abhimanyu Krishnan

The Bitcoin Cash (BCH) network is not looking at its healthiest, as ARK Invest analyst Yassine Elmandjra points out in a tweet made on May 23. 51% attacks seem reasonably possible, with other factors also showing some concerns. Elmandjra suggests th...

Top Indian Crypto Exchange Secures $2.5M Investment from Coinbase and Others

26 May 2020 1 minute read 1 comment Abhimanyu Krishnan

India’s largest cryptocurrency exchange CoinDCX has received $2.5 million in investment from Coinbase Ventures, Polychain Capital and others, according to a blog post published on May 26. The investment follows a $3 million Series A funding round tha...

Craig Wright Called Fraud in Transaction Message From One of His Claimed Addresses

26 May 2020 1 minute read 0 comments Abhimanyu Krishnan

Craig Wright has experienced another tremendous complication in the case he is facing against the estate of Ira Kleiman, as multiple addresses claimed to be Wright’s have embedded the words “liar” and “fraud” in transactions.   The crypto world spot...

Russia Proposes Up to 5 Years of Hard Labor For Illegal Crypto Use

25 May 2020 1 minute read 5 comments Abhimanyu Krishnan

On May 21, the Russian State Duma proposed a bill to punish illegal cryptocurrency activity with up to seven years of prison or 5 years of hard labour, according to reports from Russian media outlet, RBC. In what would be the strictest approach to cr...

Some of Pizza Bitcoins are Now in the 12th Richest Wallet

25 May 2020 1 minute read 3 comments Abhimanyu Krishnan

The first commercial transaction for Bitcoin (BTC) - two orders of Pizza worth 10,000 BTC by Laszlo Hanyecz - has resulted in an associated wallet being the 12th most valuable Bitcoin wallet in the world.  Coinfirm, the blockchain analytics firm, tr...

Goldman Sachs to Host Conference Call on Crisis and Bitcoin

25 May 2020 1 minute read 1 comment Abhimanyu Krishnan

Goldman Sachs will host a conference call on May 27, which will discuss Bitcoin, gold and inflation, as well as macroeconomic trends. The details of the conference call were made public after The Block founder, Mike Dudas, posted a screenshot of the...

Hacker Claims Theft of, Ledger, Trezor and Other Big Names' Databases

25 May 2020 1 minute read 12 comments Abhimanyu Krishnan

A hacker has allegedly managed to obtain personal details of users on several cryptocurrency platforms, including Ethereum (ETH), Ledger, Trezor and KeepKey, according to a post by cybersecurity researcher Under the Breach on May 24. Over 100,000 acc...

Reddit Co-founder Has a Good Feeling About Crypto

25 May 2020 1 minute read 1 comment Abhimanyu Krishnan

Reddit co-founder Alexis Ohanian believes that the cryptocurrency market is in the midst of a “crypto spring”, according to comments from an interview with Yahoo Finance on May 23. Blockchain education and employment opportunities have grown in numbe...