This Photo Gallery App Is a BCH Light Wallet in Disguise

On March 27, a developer released a different kind of Bitcoin Cash (BCH) application called Bchgallery, an Android BCH wallet that is disguised as a generic photo gallery app. The platform aims to provide added security through obscurity by acting as a decoy application. Also read: New Crypto-Friendly Banking and Payment Services Launch in the … Read more

Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners

On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew of mining operations have been prepping up new facilities in order to take … Read more

Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch

Last month the Veriblock testnet represented more than 30 percent of BTC’s network transactions but the project took a hiatus before launching the protocol’s mainnet. When the project stopped, the BTC network’s mempool dropped, transactions per day were cut in half, and fees slightly dipped. However, since the mainnet launch of the Veriblock blockchain, the … Read more

Bitcoin Account Accuses Twitter of Shadow Banning to Restrict Its Reach

On March 23, the Twitter handle @Bitcoin became mired in controversy after BTC supporters complained about the account and attempted to get the profile shut down. The operator of the Bitcoin Twitter profile has also accused the social media platform of manipulating matters by placing restrictions on the account and limiting its overall traffic. Also … Read more

Markets Update: BCH Holds Above $150, RVN and XTZ Explode

In recent market action, bitcoin core (BTC) has struggled to hold above $4,000 following four consecutive green weekly candles, while bitcoin cash (BCH) appears to be consolidating above $150 after comprising the best performing of the 10 largest crypto assets by market cap of the last seven days. In other news, ravencoin (RVN) and tezos … Read more

Markets Update: Crypto Prices Show Improvement and BCH Rallies

Cryptocurrency markets have seen fresh gains over the last 48 hours and digital asset trade volume has spiked considerably. On Saturday, March 16, the entire cryptoconomy has a valuation of roughly $139 billion and global trade volumes are hovering around $33.7 billion. Also read: Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright After … Read more

Bitcoin Volumes in Venezuela Plummet During Nationwide Blackout

Venezuelans are having a difficult time as the country’s power grid shut off on March 7, leaving the majority of Venezuelan states with no electricity for well over a week. According to reports on March 14, electricity has been restored throughout most states within the country. However, during the week-long blackout, bitcoin trades on the … Read more

How to Identify and Mitigate a Bitcoin Dust Attack

Bitcoin transactions are not anonymous but users can still add a layer of privacy by using different addresses and other techniques to confuse blockchain surveillance. However, a de-anonymization method known as a dust attack is on the rise. If the microtransactions that characterize a dust attack go unnoticed, they can potentially be used to identify … Read more

Markets Update: BTC Longs Hit New Low for 2019, ETH Longs Test ATH

In recent market action, BTC shorts have increased by 20% during the last two weeks, while longs have continued to slide for the fourth straight week to consistently post lower lows for 2019 so far. In other markets, ETH shorts have dropped by nearly 50% while longs have pushed into new all-time highs, and LTC … Read more

Active Development for Most Bitcoin Forks Evaporates

A report published by Electric Capital has estimated that the number of developers working on public cryptocurrencies has doubled since January 2018. The research found that Ethereum has the largest development team of all established crypto assets, with 216 developers contributing to its codebase each month on average. Also Read: EY Executive Says Bitcoin Has … Read more