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Coingeek Funds Terabyte Block Initiative for Bitcoin Cash With 3.6M Euro

Technology On January 15 the cryptocurrency media outlet and blockchain company Coingeek owned and operated by the financial tycoon Calvin Ayre announced funding an initiative called the ‘Terab Project’ with 3.6 million euro. Coingeek alongside its partners Nchain and Lokad, plan to massively scale the bitcoin cash blockchain to terabyte (1

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When IaaS Meets Blockchain

With data circulation increasing exponentially, a new solution for a more effective and safer storage is necessary. Recent news of faulty widely-used Intel, AMD and ARM chips has sparked growing concerns over cybersecurity and data protection.With costs of having a physical server to store data being often unbearable, the cloud is the solution adopted by an overwhelming majority of businesses. Acc

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Russia: Blogger Who ‘Boasted’ About Crypto Wealth Beaten and Robbed For $425k

A Russian cryptocurrency investor and blogger known online as Pavel Nyashin was attacked and robbed in his home in Leningrad Oblast the night of Jan. 14. The assailants stole funds worth 24 mln rubles ($425,000), according to local media.Nyashin was tied and beaten while a group of masked assailants stole a safe containing cash and “essential documents.”Nyashin, a self-made millionaire from cr

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BlackWallet Hacked: Warns Stellar Community Not to Log In to Site

On January 13, an unknown hacker(s) hijacked the DNS server for BlackWallet.co, a web-based wallet for the Stellar Lumens cryptocurrency, and redirected it to their own server.Security researcher Kevin Beaumont, who analyzed the code, said, “The DNS hijack of Blackwallet injected code, if you had over 20 Lumens it pushes them to a different wallet.” It is estimated that nearly 700,000 Lumens (

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10 Bitcoin Winners and Losers of 2017

The year of 2017 was a fantastic year for some Bitcoin users, but others were not so lucky with the cryptocurrency.Below, we’ll look at some of the most impressive success stories of the year, as well as the profiles of people who probably wish they’d never touched Bitcoin at all.It’s a highly erratic currency, but people who invested in it before its recent prominence often found their fore

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Blockchain-Based Communication Platform Aims to Protect Your Personal Messages

The announcement of a Facebook Messenger Kids has parents worried that hackers may know where to find their children online, and access their private messaging content and lives. The controversial app aims to allow kids to ‘safely’ message and video chat with friends and loved ones. By allowing parents to control the Facebook account, they can monitor their children’s IM activity.Underlying

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How to Crypto: Guide to BitcoinTalk for ICOs

Cointelegraph launches a series of guides to different useful tools for the crypto community.  Newbies, experienced adherents and even gurus could find something interesting to upgrade their mastering of the subject. Life hacks from experts, pioneers, trailblazers, those who went through the mills of different crypto experiences themselves- firsthand and as simply put as possible.Cryptocurren

Notorious Domain XBT.com Goes up for Sale at 200 BTC

News XBT.com, one of the web’s most desirable domain names, is up for sale. Its current owners, XBT Holding SA, are seeking 200 BTC – or about $2.9 million – for the site. The domain is coveted partially because XBT is the abbreviation that many institutional trading platforms use for bitcoin, and also on account of the site’s notoriety, havi

Bitstamp Is Asking Users Who Want to Withdraw a Lot of Questions

News Customers of Slovenia’s Bitstamp exchange are being forced to jump through hoops to meet an unprecedented level of compliance. A widely circulated image, purporting to reveal Bitstamp’s enhanced KYC procedure, has been attracting a lot of attention. The document requests screenshots of other cryptocurrency exchange profiles, bank account sta

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The Highs and Lows of Cryptocurrency Investing

One of the biggest drawcards for the cryptocurrency market as an investment opportunity has been its openness and lack of prejudice. Anyone with access to the Internet can buy a crypto asset, and in most cases, see it grow exponentially.It is investing like never before seen, breaking with a number of traditional norms, but despite this obvious advancement in exclusivity, there are still huge issu

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