Staking Isn’t Just a Way to Earn Crypto Money – And It Shouldn’t Be

opinion Jake Yocom-Piatt is the project lead for Decred and the creator of btcsuite — an alternative full-node Bitcoin implementation written in go whose source code has been used in several notable projects. Staking is money you don’t want to miss out on — simple as that, right? While most cryptos today are trading 70…

Tendermint Says Last Month’s Cosmos Vulnerability Exposed Security Loophole

The developers behind the Cosmos network released today a full disclosure of last month’s “critical security vulnerability” which reportedly enabled hackers to bypass certain penalties for misbehavior on the network. Zaki Manian, director at Tendermint Inc – the for-profit entity behind the core technology of the Cosmos network – detailed to Coindesk in an interview:…

Florincoin – the 2014 Altcoin You Don’t Remember – Is Attracting Real Users

feature One of the most recognizable names in the crypto space (and perhaps even outside of it) is using one of the least recognizable blockchains. Overstock.com subsidiaries Medici Ventures and tZERO have been utilizing the FLO blockchain for some time in work aimed at re-organizing property rights. At one time, a video of the tZERO…

Privacy Crypto Monero Celebrates Its 5th Birthday

news One of the most popular cryptocurrencies for privacy protection, monero, celebrated five years of existence this week. Launched in April 2014, monero has, since its inception, been entirely crowdfunded. And in tune with this decentralized, grassroots structure, monero is almost entirely developed by volunteers. “Monero is very committed to its decentralized, grassroots structure meaning we…

MakerDAO to Increase Fees Above 10% in Bid to Stabilize DAI Stablecoin

news Investors who hold tokens in the programmatic lending protocol MakerDAO appear likely to approve a fifth fee increase that would further raise the cost of platform’s US dollar-backed stablecoin DAI. Since Monday, five different options have been presented to MakerDAO token holders, all of which suggested different possible increases to the platform’s “stability fee,” the most…

How SABRE Tech Can Stop Hackers From Splitting Bitcoin Into Two

news If hackers felt like it, they could split bitcoin in two. It wouldn’t even be that hard, according to research from 2017. Thanks to insecure technology underpinning the internet, someone with the right credentials could exploit the Border Gateway Protocol (BGP) by faking their identity and confusing the network into sending floods of data…

How BlockEx Went from $24 Million ICO to Layoffs in Less Than a Year

news BlockEx’s treasury couldn’t stop taking hits in 2018 – and for the London-based startup, it has meant significant delays, scaled-back ambitions and layoffs. CEO Adam Leonard confirmed to CoinDesk that “staff reductions” had taken place. “Some of it naturally as products finished and additionally to reduce burn,” Leonard said via email, declining to offer specifics…

Fee Spike on Ethereum Classic Raises Fears of More Exchange Attacks

news A sudden surge in transaction fees on the ethereum classic blockchain has some developers speculating whether cryptocurrency exchanges could be at risk of attack, a development that follows last week’s 51% attack in which more than $200,000 was stolen from at least one exchange. Over the last 24 hours, average transaction fees on the blockchain rose…

Ethereum Classic’s Price Stumbles Amid Suspected 51% Attack

news The price of ethereum classic (ETC) is pulling back as a result of a recently reported attack that resulted in a series of blockchain history rewrites. At press time, ETC is trading at an average price of $5.01 – down more than 7.5 percent in the past 24 hours, according to data from CoinMarketCap. ETC had fallen…