Coinbase announces BitHack winners and opens App Store Coinbase has announced the winner of their BitHack hackathon contest which was organized to encourage developers to explore the possibilities of Bitcoin. Out of the 112 submissions, three winners are selected based on their creativivity to create something great with Bitcoin. The second runner-up would receive Continue reading “Coinbase announces BitHack winners and opens App Store”
Author Archives: Justin Soo
KnCMiner upgrades Titan scrypt ASIC to 250MH/s
KnCMiner upgrades Titan scrypt ASIC to 250MH/s Just a week ago, KnCMiner announced their scrypt ASIC miner is ready for preorder. The company made another announcement on March 27th that the previously promised performance of 100MH/s will be bumped up to a minimum of 250MH/s. That is a 250 percent improvement over the previous figure, Continue reading “KnCMiner upgrades Titan scrypt ASIC to 250MH/s”
Report suggests transaction malleability did not bankrupt MtGox
Report suggests transaction malleability did not bankrupt MtGox Did MtGox truly fall due to transaction malleability? According to a report by researchers at ETH Zurich University in Switzerland, transaction malleability may only account for an insignificant 386 bitcoins lost by MtGox. Christian Decker and Professor Roger Wattenhofer, both from the university’s Distributed Computing Group (DCG) Continue reading “Report suggests transaction malleability did not bankrupt MtGox”
Google Play apps found with mining malware
Google Play apps found with mining malware Cryptocurrency mining malware is not something new on the desktop environment. Even on the mobile platform, there are malwares found in repackaged copies of popular apps found in third party markets. Researchers from Trend Micro has identified two apps that can use your Android device to mine dogecoin Continue reading “Google Play apps found with mining malware”
Moolah Founder accidentally donates 20 million Dogecoins
Moolah Founder accidentally donates 20 million Dogecoins Founder of cryptographics payments platform Moolah, Alex Green decided to make a generous 2 million dogecoin contribution to the fundraiser “Doge4Nascar”. A simple mistake has cost him $13,200 when he accidentally entered an extra zero during the process, and donated 20 million dogecoins instead. At the current Continue reading “Moolah Founder accidentally donates 20 million Dogecoins”
Micro transactions or Bitcoin Dust
Micro transactions or Bitcoin Dust Dust transactions are bitcoin transfers which deliver very tiny amounts of bitcoin to their receiver. These micro transactions are considered as uneconomic dust. Bitcoins are divisible Bitcoins are divisible up to eight decimal points with the lowest value known as a satoshi. This is indeed true, and will remain Continue reading “Micro transactions or Bitcoin Dust”
Vircurex halts withdrawals and freezes accounts
Vircurex halts withdrawals and freezes accounts Beijing-based Bitcoin and altcoin exchange Vircurex has made an announcement that they have stopped withdrawals for Bitcoin (BTC), Litecoin (LTC), Feathercoin (FTC) and Terracoin (TRC). All incoming deposits will also not be credited at the time being. On March 24th the exchange will freeze the current BTC, LTC, FTC Continue reading “Vircurex halts withdrawals and freezes accounts”
US lawyers not convinced with MtGox wallet discovery
US lawyers not convinced with MtGox wallet discovery Tokyo-based now-defunct exchange MtGox announced yesterday that it has found an old format Bitcoin wallet containing 200,000 Bitcoins ($111 million at press time) presumably lost due to a security flaw in their software. This amounts to roughly 23 percent of total Bitcoins reportedly lost. However, Chris Continue reading “US lawyers not convinced with MtGox wallet discovery”
BTC-e allows fund withdrawals to Visa or MasterCard from any country
BTC-e allows fund withdrawals to Visa or MasterCard from any country BTC-e has just announced on their site that they are allowing withdrawal of funds to Visa and MasterCard issued debit and credit cards with immediate effect. The news update indicated that the new withdrawal option would be available to customers “in any country Continue reading “BTC-e allows fund withdrawals to Visa or MasterCard from any country”
MtGox still in possession of 200,000 Bitcoins
MtGox still in possession of 200,000 Bitcoins Troubled and now-defunct Japan-based exchange MtGox released a PDF in Japanese and English indicating that 200,000 Bitcoins were recovered. The 200,000 Bitcoins would roughly sum to around 23 percent of the total fund presumably lost by the company as claimed in their civil rehabilitation proceedings. As reported Continue reading “MtGox still in possession of 200,000 Bitcoins”