Following an earlier report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues new tokens to manipulate the bitcoin price, a new report has emerged debunking this theory. Written by Dr. Wang Chun Wei of the University of Queensland Business School, the report states that, contrary to the conclusion of the…
Several Chinese researchers from Fudan University, Tsinghua University and the University of California Riverside have produced the first systematic study of the malicious mining of cryptocurrencies, known as cryptojacking, unveiling increasing complexity over time. And it doesn’t seem as if this trend will die down anytime soon. What Is Cryptojacking? Cryptojacking has asserted itself in…
Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s: Figure 1: BTC-USD,…
Civic, a digital identity firm, has collaborated with Brave, the privacy-based browser with a blockchain-based digital advertising platform, to provide identity verification services to Brave’s content creators. Verified content creators on Brave now have the option of verifying their identities using Civic’s identity verification service in order to get paid Basic Attention Tokens (BAT) via…
Altcoins may come and go; hacks may challenge exchanges; mainstream financial advisors might not get it — but even in the face of a protocol bug, Bitcoin perseveres and develops. Here are this week’s top stories from Bitcoin Magazine. Stay on top of the best stories in the bitcoin, blockchain and cryptocurrency industry. Subscribe to…
The newly elected co-chair of the Congressional Blockchain Caucus, U.S. Representative Tom Emmer, has introduced a trio of blockchain-focused bills in support of the development and use of blockchain technology and digital assets. According to an official announcement, the bills focus on fostering government support for the blockchain space, clarifying money transmitter regulations and devising…
In a bid to extend the reach of its services, Bancor is opening up shop on another blockchain. The decentralized exchange protocol is expanding to EOS, a Bancor blog post reveals. Speaking to Bitcoin Magazine, Bancor’s Director of Communications Nate Hindman said the protocol will still allow users to trade Ethereum tokens, while its newest…
For well over a year, versions of Bitcoin Core — Bitcoin’s leading software implementation — contained a severe software bug. The bug was fixed with Bitcoin Core 0.16.3 (and 0.17.0rc4), released this week, and the status of the Bitcoin network now appears to be safe, with no harm done. The Bitcoin Core project has since…
Over 30 years after creating eCash, a predecessor of bitcoin and other cryptocurrencies which spawned the Cypherpunk movement of the 1980s, Dr. David Chaum is back in the public eye with a claim of having invented “the world’s fastest cryptocurrency.” Chaum is widely regarded as the forefather of cryptocurrencies and the wider world of cryptographic…
On the most recent episode of Let’s Talk Bitcoin!, the hosts discuss the now-defunct Bitcoin Alert system, devised by Satoshi himself. A rarity in the podcast space, this episode’s exploration involved no guest appearances, instead relying on the wealth of experience that Adam B. Levine, Stephanie Murphy, Jonathan Mohan and Andreas Antonopoulos had already picked…