Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain
Two miners have reportedly executed a 51% attack on the bitcoin cash (BCH) blockchain, according to tweets by Cryptoconomy Podcast host Guy Swann on May 24. A 51% attack occurs …
Montana Passes Bill to Recognize Utility Tokens and Exempt Them From State Securities
The United States State of Montana has recognized utility tokens and exempted them from state securities by passing a new bill this month. House bill 584, titled “Generally revise laws …
Blockchain Browser Brave Tests Crypto Tips for Twitter Users
Blockchain browser Brave is testing a new tipping function for social media platform Twitter on its Nightly version, it announced in a tweet on May 23. The post reads that …
Crypto Derivatives Platform Vows to Tackle Socialized Losses Seen on Other Exchanges
A crypto futures exchange says its features mean it is well-positioned to solve current problems that exist among rivals. The team behind FTX claims they were driven to act after …
Facebook in Talks With Coinbase, Winklevoss’ Gemini to Launch Its Globalcoin: FT Report
Social media giant Facebook has reportedly held talks with major United States-based crypto exchanges about the issuance of its own crypto, the Financial Times (FT) reports on May 24. Citing …
Galaxy Digital Founder Michael Novogratz: One of the Social Media Cryptos Will Succeed
Michael Novogratz, founder and CEO of cryptocurrency merchant bank Galaxy Digital, has suggested that one of the crypto assets created by social media giants will succeed. Novogratz made his remarks …
Ethereum Co-Founder Vitalik Buterin Proposes Creating On-Chain Ether Mixer
Ethereum (ETH) co-founder Vitalik Buterin has proposed creating an on-chain smart contract-based ether mixer in a note on collaborative development platform HackMD on May 24. In his note, Buterin argues …
LocalBitcoins Imposes Restrictions on Iranian Accounts
Major peer-to-peer cryptocurrency exchange LocalBitcoins.com has banned users living in Iran, according to their website as of today, May 24. Screenshot of LocalBitcoin Iranian page as of press time A …
Bitcoin Approaches $8,000 as Major Oil Futures See Losses
Friday, May 24 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) approaches the $8,000 mark again. Market visualization …
Kraken Paid 250 Salaries to Staff in Bitcoin Last Month, Exchange Tells Critic
Kraken paid 250 salaries to staff in bitcoin (BTC) last month, the crypto exchange revealed in a tweet on May 23. The firm was responding to Peter Schiff, the CEO of Euro …