After reports of Nicehash controlling around 70% of DASH Nethashrate, the 51% attack is once again a real Threat

Dash Globe Border No Access

Nicehash owns about 70% of DASH mining network according to a Reddit user (Jan 10), and the news is already causing a wave of concerns within the community Investigation It looks like someone currently controls over 51% of DASHs hashrate over Nicehash mining pools; a recent Reddit post accusing Nicehash of being a threat to Proof of Work (PoW) cryptocurrencies…Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

A ‘Proof of Proof’ Startup Is Building Their Entire Blockchain with Bitcoin’s 80 Bytes of Data as Foundation

Bitcoin enables 80 bytes of Arbitrary data to be included on its blockchain. VeriBlock, a new startup trying to develop the OP_RETURN command has now started a debate where it argues that this additional space can be used without being considered as spam. VeriBlock is a new company that is trying to leverage OP_RETURN. The startup has motivated a series…Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Alternative Investment Firm Regal Assets Expands Crypto Reach to Canada

Canada Flag Gold Bars Bitcoin

Regal Assets is one of North America’s most trusted alternative investment firms. The company has recently announced it was expanding its service to support Registered Retirement Savings Plan (RRSP) for Tax-Free Savings Account (TFSA) Canadian investors According to reports, Regal Assets, a firm that specializes in offering alternative investment services for retirement account holders, has officially announced it was opening…Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Gab’s Ban from Coinbase, Twitter, and Cash App Finally Bring Censorship to the Cryptosphere

Coinbase Catcher Chasing Frogs

Coinbase has just banned Gab.com merchant account and the personal account of Andrew Torba, the Gab platform CEO. With this move, the popular exchange is raising the topic of censorship in the cryptocurrency industry. Today, the ever-growing power of centralized exchanges in the cryptocurrency industry is becoming more of a real problem as trading is completely dependant on these on…Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

South Africa Prepares to Tackle Cryptocurrency Challenges with Working Group

South African Flag Wrapped Around a Wrist Lifting a Cryptocurrency-Branded Handweight

The South African government established a group of specialists to investigate digital currency and blockchain technology to devise a regulatory framework for the emerging industry Finding the Appropriate Regulatory Framework Following many of the governments around the world, South Africa has recently gathered a working group to research digital currencies and crypto assets to establish suitable guidelines reported Business Live,…Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

CoinText Enables SMS-Based Cryptocurrency Transactions Expands to the Philippines

Green CoinText Smartphone running with a Brown Block

On January 3, 2018, CoinText.io, a service that provides a service enabling users to send and receive cryptocurrency using text messages, announced it was enabling its Bitcoin Cash (BCH) wallet in the Philippines reported Yahoo Finance. Simplifying the Use of Cryptocurrency CoinText is an innovative service that allows users to send cryptocurrency to mobile phone numbers or any BCH address. Users…Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

XRP Gateway Firm Earthport Bought by Visa for $252 Million

Visa card being swiped on a ripple machine

Visa as just announced it is buying British cross-border payments processor firm Earthport, for £198 million, reported Reuters on December 27, 2018.  Earthport Acquisition Visa Inc (V.N) has announced it is buying Earthport Plc (EPO.L), a British company enabling cross-border transactions for banks and financial businesses using the blockchain technology. The deal is going to cost 198 million pounds, as…Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Not so Unhackable; Hackers Find Vulnerability in Trezor Wallet

Hardwood Floor Black Cord Screen Computer

Hackers have recently shown that a new attack vector to hacking the Trezor wallet is now possible. A team of hackers has managed to find a new way to hack the Trezor wallet, as reported this Thursday, December 27, 2018, in a tweet from a crypto enthusiast. Not so Safe Trezor seemingly has a vulnerability that exposes users that don’t have…Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Congress Members Introduce Bills to Prevent Virtual Currency Price Manipulation

Scissors Cutting Strings Attached to Crypto

On December 6, 2018, Congressman Darren Soto (D-FL-09) and Ted Budd (R-NC-13), presented legislation fillings designed to avoid the price manipulation of virtual currency and to keep the U.S. leading the cryptocurrency industry.   Safeguarding Consumers and Stimulating Innovation The pair of Congressmen presented two new pieces of legislation which propose a set of measures to prevent the price of virtual currencies…Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Cryptocurrency Security startup Trustology Receives Funding from Two Sigma Ventures

investors put in money into a box

Trustology, a London-based startup focused on developing technology designed to help investors protect their digital assets has just received an $8 million seed fund from Two Sigma, as reported by Reuters on December 6, 2018.  Reuters reported that the venture capital sector of Two Sigma was backing Trustology, a crypto-security-focused company to push forward the development of new technologies aiming…Read More. The post by Nuno Menezes appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News