David Andolfatto, Vice President of the Federal Reserve Bank of St. Louis released a PDF presentation that discusses Bitcoin in depth. In it, he covers the positives and the negatives related to Bitcoin and cryptocurrencies. The presentation is suprisingly in-depth coming from an official so high up within the Federal Reserve. Even more surprising is his favorable outlook of Ripple within the ...
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Litecoin Developers on why they won’t be changing the scrypt algorithm
With dedicated Scrypt ASICs on the horizon, many of the Scrypt coins out there are calling for changes in their chosen coins’ algorithms. It’s a bid for mining with a GPU to remain feasible. Earlier today two members of the Litecoin development team took to the LitecoinTalk forums to express their reasoning behind not changing the coin’s algorithm. The main ...
Read More »Einsteinium rewards first Epoch to cancer researcher Walter Moss.
The Einsteinium Foundation recently concluded voting for the first Epoch, an event that selects the recipient for funding advanced science with the cryptocurrency. Epoch 1 voting resulted in Dr. Walter Moss winning for his research titled: Can viral molecular structures cause cancer? The winner receives approximately 2% of all mined Einsteinium (or EMC2) which is set aside for scientific research. Dr. Moss ...
Read More »Cryptonator Chrome Plugin: Easily convert currency values in your browser
If there’s been a time when you’re browsing the web and you’ve seen a number of a certain cryptocurrency mentioned. You wonder how much that would be in FIAT. Cryptonator is a website that allows you to easily calculate conversions between Crypto/FIAT, FIAT/Crypto and even Crypto/Crypto — with over 300 cryptocurrencies included. And now they’ve released a Chrome plugin, so ...
Read More »Leaked: Cryptorush dumped users’ Auroracoin, Mazacoin, Potcoin to recover stolen Bitcoin?
Yesterday the PotCoin community on Reddit were talking about there possibly being missing PotCoins from CryptoRush, leaked by an ex employee. Now the same user ‘DogeyMcDoge’, who is said to be an ex-employee of CryptoRush, has dug deeper into the PotCoin scenario and released a chat-log that claims Auroracoin, Mazacoin, and Potcoin were sold in order to recover the stolen Bitcoin. The leak ...
Read More »CryptoRush: Ex-employee leaks details on hacks and losses
The big story of yesterday was that CryptoRush were missing millions of Blackcoins. Now, an ex-employee of the exchange has leaked details on a whole host of issues that the exchange has been struggling with. He also included the screenshot to the right, which appears to show that the exchange is short of users funds for several coins. Note: This ...
Read More »Fluttercoin introduces Proof-of-Transaction Mining, static block rewards coming
Fluttercoin is a recently released PoW/PoS/PoT coin released March 10th by Fluttercoin developer “thekidcoin” on Bitcointalk. Proof-of-Transaction is also known as Proof-of-Block. What it means is that just by sending Fluttercoins, you have the possibility of discovering a block and being rewarded with Fluttercoins. That means there is currently three ways to discover new Fluttercoins; you can mine them, you ...
Read More »Millions of BlackCoins missing from CryptoRush
CryptoRush have announced they have lost the equivalent of 121 Bitcoins due to what they claim was a bug in the BlackCoin daemon. A fork in the BlackCoin blockchain caused problems for the site which allowed the combined user balance of BlackCoins to inflate to over 22 million coins when they actually had only just over 68,000 coins in the ...
Read More »Vault of Satoshi adding 8 new coins soon
Vault of Satoshi’s Director of Marketing has taken to Reddit today with an announcement that they’ll be adding eight new coins to their FIAT markets soon. The coins will be added over the next month or so as follows: March 26th: Auroracoin Vertcoin April: Darkcoin Worldcoin Mintcoin Cryptogenic Bullion MaxCoin Soon after: ReddCoin These coins will also be featured on ...
Read More »An extra zero: Moolah founder accidentally donates 20 million Dogecoin to Doge4Nascar
What a difference one more zero can make. We’ve probably all done it or almost done it when trying to make a quick trade on an exchange or something similar. Today, Moolah founder Alex Green’s extra zero saw an extra 18 million Dogecoin go to the Doge4Nascar fund. He wrote on Reddit about the mistake, daring somebody to match him: ...
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