Well, well… Here’s some exciting news. Tim Draper is joining the ranks of people like Ross Ulbricht and claiming that 2020 will be the year in which bitcoin hits new heights.Tim Draper Is a Man of Wild PredictionsPreviously, the venture capitalist claimed that bitcoin would likely hit the $250,000 mark by the year 2022. He later pushed his prediction back a few months to 2023, but now he’s moving everything forward by roughly three years. He thinks bitcoin could easily reach this figure by...
Read More »Bakkt Appoints Mike Blandina as New CEO and Adam White as President
The Bakkt Bitcoin futures exchange, owned by the Intercontinental Exchange (ICE), has just appointed a new chief executive officer (CEO). According to an official press release, the company’s former Chief Product Officer Mike Blandina, has now been promoted to the role of CEO. Blandina already assumed the position on Friday, Dec 20.The appointment of a new CEO was necessary because the company’s founding CEO Kelly Loeffler had to leave the position after her appointment to the United States...
Read More »Bitcoin Billionaire Tim Draper Might Not Invest in India Ever Again Due to Controversial Citizenship Law
Tim Draper has suggested he will not tolerate religious discrimination. The Draper Venture Network is currently invested in India. The venture capitalist earlier this year criticized a proposed cryptocurrency ban in the world’s biggest democracy. Bitcoin billionaire Tim Draper is not one to shy away from controversy. As protests escalate over India’s Citizenship Amendment Act (CAA), Draper has warned that the new law could harm the subcontinent’s power to attract investors such as him. Per...
Read More »Craig Wright Discloses Timestamped Document Claiming the Roots of ‘Satoshi Nakamoto’ Name
The mystery behind the anonymous Bitcoin founder – Satoshi Nakamoto – continues to be the topic of discussion. Over the last decade since the Bitcoin inception, Nakamoto remains unidentified. However, nChain Chief Scientist Craig Wright has repeatedly claimed himself as the identity behind this mysterious name.In the latest development, Craig Wright has shared a timestamped document that explains the roots of the “Satoshi Nakamoto” name. During his interview with Modern Consensus, Wright...
Read More »Ponzi or Pumped? Controversial TRON Dapp Racks up 500 Million TRX
TRON’s Just.Game becomes No.1 Dapp within hours of launch. Over 500 million in TRX has been sent to the automated smart contract. Critics say the app’s structure too closely resembles that of a Ponzi scheme. A new decentralized application (Dapp) promoted by TRON founder Justin Sun has racked up over 500 million TRX mere hours after its launch. Just.Game describes itself as an “autodecentric (self-decentralizing) organization.” To play the “game,” a user must send TRX to the Dapp’s smart...
Read More »Kelly Loeffler Steps Down As Former PayPal Exec Becomes Bakkt’s New CEO
Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has recently appointed a new CEO as Kelly Loeffler stepped down. The former CPO of the company, Mike Blandina, will take her role, and, at the same time, the former COO, Adam White, will serve as President.New CEO and President of BakktBakkt has recently announced a change of leadership within the company, starting from December 20th. The Bitcoin Futures trading platform of the Intercontinental Exchange (ICE)...
Read More »$480K Stolen As Hackers Compromise NULS Blockchain Platform
NULS Blockchain platform has become the latest victim on the success list of crypto hackers after a security breach leading to the theft of about $480,000 worth of NULS token. According to an official announcement about the situation on Twitter, NULS said that the hackers compromised the account of the NULS team, and a total of 2 million tokens was stolen, which is about 2% of over 73 million tokens in circulation. Cause of Attack And The Next StepOut of the stolen 2 million tokens, 548,354...
Read More »Tesla Reaches Agreement with German Authority for Gigafactory Construction near Berlin
According to a recent report from Bloomberg, Tesla is making interesting strides with its car factory as it has now inched very close to erection. Per a statement from the Brandenburg state government, authorities have agreed to the terms of a contract between both parties, for the sale of land in Grunheide, a municipality close to the capital. The land near Berlin is 300 hectares large (741 acres) and will house the gigafactory that will be built by Tesla.Apart from the terms stipulated in...
Read More »Crix: A B2B Trading Engine For Other Exchanges
Place/Date: - December 23rd, 2019 at 1:08 pm UTC · 4 min read Contact: CRIX, Source: CRIX The cryptocurrency industry has come of age as Bitcoin (BTC) celebrates its 10th anniversary. Over the years, more than 2,000 cryptocurrencies have come to the fore, leading to an increased demand for online trading platforms. Despite existing cynical beliefs about the industry, crypto exchanges have become quite successful in what seems to be a short time.Now, the most popular exchange platforms not...
Read More »Bitcoin Attack Vector Exposed: How to Force-Refund Your Spent Bitcoin
Video shows user double-spending BTC transaction by taking advantage of RBF (Replace By Fee) and zero-conf transactions. Controversial features have been a topic of hot debate among Bitcoin developers for years. A simple four-step guide details how to easily purchase goods with Bitcoin and still keep your money. A weakness has been found in the Bitcoin code which apparently makes it possible to spend BTC transactions twice. By taking advantage of Bitcoin’s RBF feature (Replace By Fee), a...
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