Posts filtered by tags: Hard Fork[x]


 

PSA: MetaMask reveals your Ethereum address to sites you visit, here’s how to hide it

There’s a setting that popular Ethereum service MetaMask doesn’t enable by default, and its putting users‘ privacy at risk. MetaMask works as a gateway to decentralized apps (dapps) running on Ethereum’s blockchain. It’s a browser extension that seeks to simplify the use of cryptocurrency, which tends to intimidate unfamiliar users. It’s one of the most popular apps of its kind, boasting over a million installs on Chrome. The company built a new “privacy mode” last year, designed to keep users f...
Tags: Blockchain, Cryptocurrency, Hard Fork


You can now play scratchcards with Bitcoin, thanks to the Lightning Network

The Lightning Network is where all the weird and wonderful use cases of cryptocurrency micro-payments come to life. You can order a Coke, feed chickens, dispense candy, and even play roulette or Pokémon, all courtesy of the Bitcoin sidechain. But thanks to one enterprising dev, the Lightning Network now has scratchcards. This one has 1,000,000 Satoshis (0.01 BTC) hidden in it. That’s about $40 at the time of writing, not too bad for a scratchcard that might only cost you a few cents worth of Bit...
Tags: Blockchain, Cryptocurrency, Hard Fork


A quick guide to understanding blockchain smart contracts

Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. ‘Smart contracts’ is a term that gets thrown about quite often in the blockchain world, but there seems to be some confusion about what they are – and how they work. Some context The term was first coined by Nick Szabo, a prominent computer scientist, and cryptographer, who first proposed the idea in the 1990s. Szabo realized that decentralized ledger t...
Tags: Hard Fork, Insider


Alleged Russian boss of Bitcoin ‘money-laundering scheme’ wants to go home

Alexander Vinnik, the alleged operator of troubled cryptocurrency exchange BTC-e (who is wanted in several countries for his potential involvement in a Bitcoin fraud case) has lodged an appeal for extradition to his native Russia. Vinnik, who has reportedly been on hunger strike for three months, was arrested in July 2017 at the behest of the US Justice Department, accused of laundering billions of dollars with Bitcoin. He was on a family holiday in Greece at the time. The extradition request ha...
Tags: Cryptocurrency, Hard Fork


4,000 art auction houses are putting their sales records on the blockchain

A recent merger between a blockchain-based art registry and an international auction house sales database will see sales records from over 4,000 auction houses put on the blockchain. The art registry, Artory, has purchased Auction Club, a currently privatized database that contains information from over 4,000 international auction house sales, the Art Newspaper reports. The acquisition will merge the two companies immediately and will make Auction Club’s sales records from over 250 businesses in...
Tags: Blockchain, Cryptocurrency, Hard Fork


Here’s how much ‘Bitcoin Twitter’ loves presidential candidate Andrew Yang

The hype surrounding the US presidential election in 2020 is growing palpable, and one candidate, Andrew Yang, is getting significant attention from the cryptocurrency community. Yang, a Democratic Party candidate, is absolutely the favorite of internet memelords, but he isn’t the only one appealing to the blockchain crowd. Hard Fork investigated the Twitter feeds of every confirmed presidential candidate (as well as a few rumored ones) to figure out  who the cryptocurrency community prefers mos...
Tags: Startups, Twitter, US, Cryptocurrency, Blockchain, Trump, Democratic Party, Yang, Tulsi Gabbard, Bernie Sanders Elizabeth Warren, Andrew Yang, Hard Fork


Bitcoin scammer boasts $760,000 payday through dark web domain squatting

A scammer is claiming to have made 200 BTC ($760,000) through ‘typosquatting’ criminal dark web sites on the Tor network, over the past four years. Typosquatting is a form of cybersquatting – basically sitting on websites under someone else’s brand – that specifically targets users who incorrectly type a website address into their web browser to lead them to a spoof site. For example, typing Facebook.com as opposed to Faceboook.com. Digital Shadows, the company which unearthed the scammer’s clai...
Tags: Startups, Facebook, Btc, Cryptocurrency, Typosquatting, Hard Fork, Faceboook com Digital


Here’s the difference between ICOs and IEOs

Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. People have been hailing security token offerings (STO) as the next initial coin offering (ICO), but there is momentum growing for a new type of blockchain-based fundraising. Say hello to the initial exchange offering (IEO). In this Hard Fork Basics article we’ll take a look at what an IEO is, and how it is both similar and different to an ICO. Let’s ge...
Tags: Startups, Cryptocurrency, Blockchain, STO, Hard Fork


Cryptocurrency scammer pleads guilty in $4M fraud case

AriseBank CEO Jared Rice, who faced 120 years in prison for defrauding investors of $4 million in a cryptocurrency scam, has pleaded guilty. The cryptopreneur plead guilty yesterday morning after standing in front of judges in Texas, local outlet Dallas News reports. Rice conned investors by guaranteeing “no-risk returns” of between 10 and 20 percent on investments made into his startup. He admitted to one count of securities fraud, saying that he did indeed lie to investors. He also promised Vi...
Tags: Startups, Texas, Cryptocurrency, Blockchain, Rice, Dallas News, Jared Rice, Hard Fork, AriseBank


Switzerland inches closer to cryptocurrency regulation

Switzerland is getting closer to regulating cryptocurrencies. The Swiss Federal Assembly, the body tasked with handling government legislation in the country, yesterday approved a motion requesting the Federal Council regulate cryptocurrencies. A loosely translated version of the press release said the Federal Council would now be responsible for “adapting the provisions on judicial and administrative procedural instruments so that they can also be applied to cryptocurrencies.” Additionally, the...
Tags: Startups, Switzerland, Cryptocurrency, Federal Assembly, Federal Council, Hard Fork


Mt. Gox readies to pay back creditors five years after hack

Troubled cryptocurrency exchange Mt. Gox is finally inching closer to settling its debt with creditors, some five years after it was hacked. According to new documents published by Mt. Gox‘s trustee Nobuaki Kobayashi (aka Tokyo Whale, as he’s known in cryptocurrency circles), a decision has been made with regards to creditor’s claims – they’ve been approved or disapproved – and the Tokyo District Court has been notified. Unfortuantely, though, the decision hasn’t been made public. The trustee’s ...
Tags: Startups, Cryptocurrency, Tokyo District Court, Mt Gox, Hard Fork, Nobuaki Kobayashi, Tokyo Whale


PSA: Don’t use this fake Wasabi wallet to ‘store’ your Bitcoin

Watch out! Wasabi, the popular anonymizing Bitcoin wallet, has been been duped in an apparent bid to steal your Bitcoin — and the ruse comes complete with an entirely phony website. Wasabi’s co-founder, nopara73, shared the discovery this morning: “The first malware that pretends to be Wasabi […]. Notice only the Windows download link points to their own website, the rest is to our GitHub?” he tweeted. Indeed, the fraudulent site (wasabibitcoinwallet [dot] org) features a download page that link...
Tags: Startups, Cryptocurrency, Blockchain, Hard Fork


Facebook is hiring a lead for its blockchain counsel

It seems Facebook isn’t content with its 50-strong team dedicated to building its proprietary cryptocurrency, as it’s now looking to hire someone for its blockchain counsel. The social media giant is looking for a “lead commercial counsel, Blockchain” based at their Menlo Park, California headquarters. The job posting is not dated and it’s still unclear when Facebook first started looking. The firm wants a “proactive team player” that will support the company‘s new initiative into the developmen...
Tags: Startups, Facebook, Cryptocurrency, Blockchain, Menlo Park California, FarmVille, Hard Fork


Twitter CEO Jack Dorsey says he will pay you to work on Bitcoin full-time

Twitter CEO Jack Dorsey has made an offering to the cryptocurrency community: he will pay developers to work full-time on Bitcoin Core and other “cryptocurrency ecosystem” projects. Are you currently contributing to bitcoin-core or other crypto ecosystem projects for free in your off-time? We’d like to pay you to do it full-time. If interested, DM @SqCrypto, and follow for updates on our progress. Thank you! — jack (@jack) March 20, 2019 Bitcoin Core is an open-source protocol. There is no one c...
Tags: Startups, Jack Dorsey, Cryptocurrency, Blockchain, Bitcoin Core, Hard Fork


Cryptocurrency platform Augur can’t fix ‘invalid market’ scam without huge update

Decentralized betting protocol Augur is dealing with a situation: fraudsters can illegitimately profit by gaming the system, and there’s not much its devs can do about it (for now). Augur co-founder Joey Krug recently addressed community concerns about scammers taking over the platform. They’re alleged to be intentionally creating invalid markets en masse, which fool the system into mistakenly distributing profit to the attackers. For context, Augur is a blockchain-based marketplace for predicti...
Tags: Startups, Cryptocurrency, Blockchain, Hard Fork, Joey Krug


Huawei is putting blockchain into the stratosphere

At its 2019 “Cloud Summit” industry conference in Hong Kong, Huawei unveiled a new blockchain-based cloud service. Huawei Cloud now offers blockchain oriented services designed to help Hong Kong-based businesses make use of the decentralized platform’s typical characteristics. These being, decentralization, immutability, and traceability (transparency). Huawei hopes this will aid the Chinese province’s mission to become an international financial and logistics hub. Specific details of the blockc...
Tags: Startups, Hong Kong, Huawei, Cryptocurrency, Blockchain, Hard Fork, Huawei Cloud


Cryptocurrency exchange Cryptopia resumes trading months after debilitating hack

Cryptocurrency exchange Cryptopia has resumed trading following a debilitating hack in mid-January. The New Zealand-based company said on Twitter today that it had resumed trading “on 40 trade pairs […] quantified as secure,” adding that it would continue to expand its offering as more coins were cleared. A list of the available trading pairs is available on its website. As previously reported by Hard Fork, the exchange is thought to have had more than 1,095 digital assets available for trade wh...
Tags: Startups, New Zealand, Cryptocurrency, Hard Fork, Cryptopia


North Korean dissidents are using Ethereum to overthrow Kim Jong-un

Political dissidents known as the Cheollima Civil Defense (CCD) are selling special “post-liberation blockchain visas” for cryptocurrency in a bid to raise funds for overthrowing Kim Jong-un — and they’ve already collected over $57,000 in Bitcoin. Much like internationally recognized visas, CCD says it will allow anyone who purchases a Free Joseon Genesis Visa (G-VISA) to visit North Korea once it has been “liberated,” reports South China Morning Post. The group insists it will create 200,000 no...
Tags: Startups, North Korea, Cryptocurrency, Blockchain, Kim Jong, South China Morning Post, Hard Fork, Cheollima Civil Defense CCD


Malware rises from the dead to take vengeance on cryptocurrency trading firms

A Trojan-style malware that did the rounds a couple of years ago has risen from the ashes, and is reportedly going after Israeli fintech and cryptocurrency trading software companies. The Cardinal RAT malware was first spotted back in 2017 and went largely undetected for two years. It used a novel technique to infect computers, using a downloader called Carp and malicious macros in Microsoft Excel documents to compile the source code into an executable which then deploys the malware. However, th...
Tags: Startups, Microsoft, Carp, Cryptocurrency, Blockchain, Hard Fork


We shouldn’t care about companies accepting Bitcoin in 2019

Bitcoin – the original cryptocurrency – has been around for a decade, but it’s still struggling to achieve mainstream adoption despite some major companies accepting it as a payment method. I remember when Overstock.com became the first major online retailer to start accepting Bitcoin in January 2014, sending ripples of excitement across the space. And although many businesses have followed suit since then, I’m wondering why doing so is still considered news. Good news for Bitcoin? On the surfac...
Tags: Startups, Bitcoin, Switzerland, Cryptocurrency, Overstock, Hard Fork, First Digitec


Binance will let you buy Bitcoin with cash from 1,300 stores in Australia

Binance says cryptocurrency fans in Australia will soon be able to purchase Bitcoin from over 1,300 supported Newsagents across the country. The new service, “Binance Lite,” marks the first time the Malta-based exchange has managed to open a fiat gateway in Australia. While it will only support buying Bitcoin at launch, press materials say more digital currency and fiat options will be added in the future. “Binance Lite Australia further expands digital currency adoption by providing easier ways...
Tags: Startups, Australia, Bitcoin, Cryptocurrency, Blockchain, Malta, Hard Fork, Binance, Wei Zhou Binance


Nobody wants a Bitcoin ETF because cryptocurrency ‘has no intrinsic value’

We’re going to have to take a step back and rethink the whole “Bitcoin exchange traded funds (ETFs) are coming” trope. In February earlier this year, the Securities and Exchange Commission (SEC) put out a solicitation request opening the floor for the public to comment and provide their thoughts on the possibility of allowing a regulated and recognized Bitcoin ETF. Since then, seven letters of comment have been made publicly available. Most people that actually responded to the Securities and Ex...
Tags: Startups, SEC, Cryptocurrency, Blockchain, Securities And Exchange Commission, Securities and Exchange Commission SEC, Hard Fork


Blackmailers are posing as CIA agents to steal your Bitcoin

A cryptocurrency fan has issued a warning: scammers are posing as the US Central Intelligence Agency (CIA) to fool you into giving up $10,000 worth of Bitcoin, so take notice. A Reddit post titled “CIA got me fam” displayed proof of a new bogus email campaign designed to trick potential victims into thinking they are subject of an international criminal investigation. The ruse is their details have been flagged in a database related to a police operation set to arrest more than 2,000 individuals...
Tags: Startups, Bitcoin, Reddit, Cia, Cryptocurrency, Blockchain, US Central Intelligence Agency CIA, Hard Fork


Japan tightens grip on cryptocurrency margin trading

Japan, the home of the now-defunct cryptocurrency exchange Mt. Gox, is establishing stricter rules for cryptocurrency margin trading to prevent investors from getting scammed. Margin traders typically use borrowed funds from a broker to trade a financial asset, which in turn, forms the collateral for the loan supplied by the broker. According to a report from Nikkei Asian Review, the new rules will come into place in April 2020, after the Japanese Cabinet approved draft amendments relating to pa...
Tags: Startups, Japan, Cryptocurrency, Nikkei Asian Review, Hard Fork


Hacker selling 26M stolen user records in exchange for $5,000 worth of Bitcoin

A hacker by the name of Gnosticplayers is trying to sell more than 26 million user records on the dark web in exchange for $5,000 worth of Bitcoin (1.2431 BTC). This is the fourth data dump posted on Dream Market – an online darknet marketplace founded in late 2013 – by the hacker, who previously put up more than 840 million user records since mid-February. The new data dump includes files from six new companies including Indonesian e-commerce unicorn Bukalapak, which as of last year had more th...
Tags: Startups, Cryptocurrency, Hard Fork


‘Drug-dealing’ football coach sues Bitcoin fund manager over $14M loss

In Australia, a suite of high-profile cryptocurrency investors (including accused drug trafficker and former football coach Mark “Bomber” Thompson) are preparing to take their Bitcoin fund manager to court over $14.2 million (AU$20 million) in losses. Stefanos Papanastasiou (39), founder of what claims to be Australia‘s first online bed retailer, is under fire by a number of disgruntled investors who had been convinced of his power to reduce volatility in the cryptocurrency markets, reports The ...
Tags: Startups, Australia, Cryptocurrency, Blockchain, Thompson, Mark, Hard Fork, Stefanos Papanastasiou, Stefan Papas


‘Drug-dealing’ football coach set to join suit against Bitcoin trader over $14M loss

In Australia, a suite of high-profile cryptocurrency investors (which could include accused drug trafficker and former football coach Mark “Bomber” Thompson) are preparing to take their Bitcoin fund manager to court over $14.2 million (AU$20 million) in losses. Stefanos Papanastasiou (39), founder of what claims to be Australia‘s first online bed retailer, is under fire by a number of disgruntled investors who had been convinced of his power to reduce volatility in the cryptocurrency markets, re...
Tags: Startups, Australia, Cryptocurrency, Blockchain, Thompson, Mark, Hard Fork, Stefanos Papanastasiou, Stefan Papas


Visa is looking for someone to spearhead permissionless blockchain

Global payment services provider and Fortune 500 company, Visa, is showing signs that cryptocurrency and blockchain will be part of the company‘s future. According to a job posting on recruitment platform SmartRecruiters, Visa is looking for an individual passionate about payments and cryptocurrency, and is already well-connected in the cryptocurrency and fintech industry. “Are you passionate about the intersection of payments and cryptocurrency? Are you deeply familiar with permissionless block...
Tags: Startups, Cryptocurrency, Blockchain, Hard Fork


Citibank ditches plans for its own cryptocurrency, bets on SWIFT instead

One of the world’s top 20 banks by asset value, is ditching plans to create its own digital asset – and abandoning all of its cryptocurrency experiments. Instead, it’s betting on a SWIFT. Citibank is not following in the footsteps of JP Morgan with the creation of its own cryptocurrency, believing there are better ways of making improvements to existing financial transaction systems, CoinDesk reports. “Based on our learnings from that experiment we actually decided to make meaningful improvement...
Tags: Startups, Citibank, Cryptocurrency, Blockchain, Coindesk, Hard Fork, Gulru Atak


Inside Craig Wright’s blockchain patent ‘empire’

Steven Craig Wright, the man who has, on various occasions, claimed to be Bitcoin’s legendary creator (or creators) Satoshi Nakamoto is trying to build a cryptocurrency and blockchain patent empire. A recent Hard Fork investigation showed the World Intellectual Property Organization (WIPO) had published 95 patents applications filed by Wright – all of which were submitted under nChain Holdings Ltd, where he is the chief scientist, a role he’s held for well over three years and the only one featu...
Tags: Startups, Satoshi Nakamoto, Craig Wright, Wright, World Intellectual Property Organization WIPO, Hard Fork, Steven Craig Wright, nChain Holdings Ltd