The Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), the highest financial authority in the Federal Republic of Germany, has issued a statement warning the public about CoinBene, a crytpocurrency exchange currently occupying the fifth position in terms of trading volume. In essence, the BaFin memorandum reminds the public that CoinBene is engaged in…
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WalletGenerator Coding Issue Opens Up Users to Security Vulnerability
The digital cryptocurrency paper wallet creator website, WalletGenerator.net, has been discovered to use a code that caused a private key and public key pair to be issued to multiple users at once. This vulnerability was discovered and described in an official blog post written by security researcher Harry Denley…
Recent News About Bitcoin Roils Cryptocurrency Trading
Business news of the week, May 20th – 26th: Top News, changes in prices, Prediction and FUD of this Week. Top Chronicles of this Week. Craig Wright not recognized as Satoshi Nakamoto by copyright registration. It is not yet established if the copyright regulation of the United States for the Bitcoin…
Cryptocurrencies Are Decentralizing Like a Lot of Other Economic Niches
In recent times, there has been a push across industries to decentralize anything that can possibly be decentralized. While blockchain technology and its use of a decentralized ledger was originally intended for digital currencies such as Bitcoin, it has since been applied to a broad spectrum of applications. People are…
A New Group Has Discovered a Fresh Way to Attack
On May 24, it was reported that a pair of mining groups were able to successfully execute what is called a "51% attack" on the blockchain of Bitcoin Cash. A 51% attack is one in which a group of cryptocurrency miners controls more than half of the mining…
One Man's View Regarding Bitcoin As An Investment
On May 22, Mark Yusko, who is the CEO of the investment advisory Morgan Creek Capital, said in an interview that every investor should include some Bitcoins in their portfolio. Yusko further made a bold prediction during the same interview. He said that he expected that, in the next decade,…