Bitmain Sues Former Employees for Rival Mining Pool

Operator of the world’s top bitcoin mining pool, Bitmain, has filed lawsuits against three former employees and current co-founders of the rival mining pool, Poolin, for breach of contract. Bitmain is suing the founders of Poolin, the seventh largest bitcoin mining pool by hash rate, for $4.3 million in damages as a result of these…

Samourai Wallet Secures First Investment of $100,000

Samourai Wallet, a privacy-enhanced bitcoin wallet app, just received its first round of venture funding. Katana Cryptographic, the company that maintains the Samourai Wallet, received a $100,000 investment from Cypherpunk Holdings with the purpose of developing new features to enhance privacy, specifically in regards to deterring Bitcoin surveillance. Samourai Wallet is exclusive to Android users,…

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…

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…