Tagged: bitcoin cash

United Corp Sues Bitcoin Cash ABC

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

Plaintiffs in Florida have brought a suit against Bitcoin Cash ABC, it’s leader Roger Ver, the Kraken cryptocurrency exchange, and others, arguing the parties colluded, “to take control of the Bitcoin Cash network for personal gain…which caused a global capitalization meltdown of the Bitcoin Cash network… Read More

Vancouver-Based Crypto Mining Firm Reports $1.5 Million in Third Quarter Losses

A Vancouver-based firm mining Bitcoin and Bitcoin cash has reported a Q3 loss of $1.5 million, thanks mainly to very high levels of mining “difficulty” (competition) in relevant networks coinciding with a “significant decline in the price of Bitcoin.” The report offers a rare glimpse… Read More

Kraken Supporting “Volatile” Forked Coin of Bitcoin Cash Despite “Many Red Flags”

Fork

The San Francisco-based cryptocurrency exchange Kraken has begun supporting the “BSV” coin, a crypto token product of last Thursday’s contentious hard forking of Bitcoin Cash. Bitcoin Cash is itself a “fork” or code-splice/copy of Bitcoin created by early Bitcoin champion Roger Ver and allies, who… Read More

Researchers Trace Zaif Crypto Exchange Hackers

Cybersecurity researchers in Japan say they have unearthed digital traces that could lead them to the hackers responsible for the September 14th theft of $60 million USD in cryptocurrencies from the licensed Japanese crypto exchange Zaif. The attack in question took place over two hours… Read More

Darknet Drug Market Admin “Oxymonster” Sentenced to 20 Years, Forfeits $700 000 in Crypto

Gal Vallerius, a dual French-Israeli citizen from the Brittany region of France, was sentenced to 20 years in prison earlier this month after pleading guilty to, “conspiracy to possess with the intent to distribute controlled substances and conspiracy to launder money,” court documents indicate. Mr Vallerius,… Read More

CoinText Introduces Buy Command Feature to Pay For BitPay Invoices Through SMS Messages

On Friday, CoinText.io, a wallet to transact cryptocurrency using SMS messages, introduced its new “buy command” feature that will allow users to spend Bitcoin Cash (BCH) at any retailer that uses BitPay to process bitcoin payments. CoinText reported that its users can now instantly send… Read More

Hacked Japanese Crypto Exchange Zaif Acquired, Says it Will Compensate Users Though No Date Set

Japanese cryptocurrency exchange Zaif has announced that its acquisition by “investment support services” firm FISCO has been finalized and says it will compensate users affected by a $60 million dollar hack that occurred September 14th: “On 10 October, the Company concluded the business of our virtual currency… Read More

Baltic Honey Badger Bitcoin Conference Closes with Heavyweight Panel

Honey Badger

The Baltic Honey Badger Conference of 2018, held this year in Riga, Latvia, wrapped up today with a panel featuring Adam Back, the CEO of Blockstream, Giacomo Zucco, CEO at BHB Network; Tone Vays, a former Wall Street risk analyst and Bitcoin advocate; and Eric Lombrozo,… Read More

Bitcoin Cash – Is the End Near?

That's All Folks The End Final

Bitcoin Cash Basics Bitcoin Cash was born in August 2017 as the result of a hard fork from the Bitcoin network. Discussions began in early 2017 among the Bitcoin community to rollout the SegWit update which would allow scaling of the blockchain. However, a subset… Read More

Risk Analyst, Bitcoiner and ICO Nemesis Tone Vays Extends Olive Branch to “BCash,” Warns ICO Bubble Could “Destroy” US Economy

Former Wall Street risk analyst, avid Bitcoiner and ICO-detractor Tone Vays telecast his compelling “Inevitable ICO Bubble” talk to a crowd at the Seattle Bitcoin Meet Up last Thursday, during which he extended an olive branch to the creators of the contentious Bitcoin ‘fork,’ Bitcoin… Read More

Hacker “Bitpico” Stress Tests Bitcoin Cash, Claims Network Centralization

A hacker going by the name of ‘Bitpico’ on Twitter claims that a ‘stress test’ he or she conducted on the Bitcoin Cash cryptocurrency network shows that 98% of Bitcoin Cash’s node are located on the same rack server. https://twitter.com/bitPico/status/1016228867948851200?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1016228867948851200&ref_url=https%3A%2F%2Fbitcoinist.com%2Fbitcoin-cash-test-node-centralization%2F A rack server is a… Read More

St.Louis Federal Reserve Adds Bitcoin, Bitcoin Cash, Ethereum, and Litecoin to Data Tracking Service

This week, the Federal Reserve of St. Louis has added multiple cryptocurrencies to their data tracking service FRED. FRED has added four series on the prices of different cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, and Litecoin (but no Ripple), with the data is coming from Coinbase. All of the information is being updated… Read More

Revolut Adds XRP & Bitcoin Cash: Offering “Frictionless” Cryptocurrency Exposure to Mainstream Population

Earlier this week Digital challenger bank Revolut asked customers to help name its new and exclusive metal card. Now the maverick platform has moved again from metal to crypto: Revolut customers can buy, hold and sell two more cryptocurrencies instantly within the app. In December last year,… Read More

Proposed Brand-Overlap Lawsuit Against Bitcoin Cash Dropped

A proposed lawsuit by (standard) Bitcoin users against the Bitcoin Cash-controlled website Bitcoin.com and it’s CEO Roger Ver has been dropped. Ver, one of the most dedicated and high profile early adopters of Bitcoin, and several partners (including Jihan Wu, owner of the world’s largest… Read More

Bitcoin Users May Sue Bitcoin Cash CEO, Roger Ver, for Brand Overlap

Devoted “classic” Bitcoin network advocates claim they will soon be testing their brand confusion grievance against Roger Ver and Bitcoin Cash in court. Bitcoin (BTC) and Bitcoin Cash (BCH) have been engaged in a highly contentious rivalry ever since Roger Ver and associates “forked” (or… Read More

Coinbase: It appears the price of Bitcoin Cash on other exchanges increased in the hours before our announcement

Coinbase believes it may have had some of its employees jump the gun prior to the announcement it would add Bitcoin Cash to the cryptocurrencies it managed. In a blog post, Brian Armstrong Coinbase CEO and co-founder, stated; “It appears the price of Bitcoin Cash… Read More

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