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Showing posts from May, 2019

Biggest Heists in Bitcoin History and How They Were Pulled Off

Bitcoin’s history is rife with hacks and heists, sometimes resulting in six-figure bitcoin losses and businesses going bankrupt, unable to pay their customers back. A new video by Bitcoin.com explores the largest bitcoin heists in history and explains how each one was pulled off. Also read: How to Earn Bitcoin Cash Income Lucrative Crime With cryptocurrencies’ steep rise in value, heists have become increasingly lucrative for hackers. The biggest targets have so far been crypto exchanges with weak security measures. Since a large number of crypto users are still not holding their own private keys, opting to leave their coins on these exchanges, large and frequent heists are inevitable. Blockchain data forensics firm Chainalysis detailed in its January report: The hacking of exchanges is far and away the most costly type of crypto crime, generating around $1 billion in hacking revenues in 2018 alone. When considering “exchange thefts, fraud and exit scams,” blockchain security
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Cryptocurrencyalerting.com Will Notify You of Price Movements

With volatility returning to cryptocurrency markets, being regularly updated about price changes is important if you want to be a successful trader. To take advantage of market movements, you need timely alerts and a website called Cryptocurrencyalerting.com can help you get them through various channels. Also read: Share Bitcoin Cash Related Shortlinks Using BCH.gg Website Tracks Over 5,000 Coins for You Cryptocurrency Alerting is a platform that provides you with the opportunity to create multiple customized alerts on market prices, percentage movements and exchange listings. It also offers wallet watch and mempool size monitoring features for some cryptocurrencies. The website tracks over 5,000 coins and tokens, including bitcoin cash ( BCH ), and you can be notified when a cryptocurrency you are interested in goes above or below a certain price point. You’ll be able to set the price target in a number of major fiat currencies and stablecoins, as well as BTC and ETH . Alter
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PR: Blucon Launches BCH Transportation Card

Blucon is excited to announce the launch of their transportation card that supports BCH . The system will work by integrating with the EXO-Platform. This allows instant conversion of cryptocurrency into spendable cash. Blucon has leveraged on its existing business relationships between cryptocurrency exchanges and legacy banking institutions to launch this product. Excitement is also building, as Blucon’s listing on Digifinex is set for the 27th of May. Blucon’s Digifinex listing means that the EXO-Platform will be integrated into an exchange, so Blucon users will be able to instantly convert cryptocurrencies held in their exchange wallets for spendable cash through Blucon’s transportation card. Currently, Blucon is planning to provide Bitcoin.com with the cryptocurrency-rechargeable prepaid transportation card. The card can only be topped up by cash for the time being. Using cryptocurrencies to top up the prepaid transportation card will be available in 2 months, after the EXO-Plat
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How to Check Bitcoin Cash Transactions With a Block Explorer

A block explorer is a tool that enables cryptocurrency users to search addresses, balances, blocks, and transactions so they can verify all activities on the network. Bitcoin.com offers a BCH explorer, helping you to keep track of your coins. Also Read: Wallet and Card App Crypto.com Adds Bitcoin Cash Support Learn to Use Bitcoin.com’s Block Explorer The bitcoin cash explorer homepage displays the latest mined BCH blocks and transactions that have been broadcast to the network, and it also lets you investigate any address, block hash or transaction. To check up on a transaction, just insert its ID into the search bar and you can immediately access all the details pertaining to it. You will learn when a transaction was initiated and how many confirmations it has, if any, as well as other important details such as inputs, outputs, fees, byte size, scripts, and OPcodes. The BCH block explorer can be viewed in eight languages including Russian, Spanish, Japanese, English, Chines
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New Cryptocurrency Bill Advances in Japan, Regulator Explains

Japan’s House of Representatives has passed a new cryptocurrency bill with additional requests for the government to incorporate into law. News.Bitcoin.com talked to Japan’s top financial regulator to find out the implications of this bill and the proposed resolution. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Japan’s New Crypto Bill Passes House A new cryptocurrency bill officially passed Japan’s House of Representatives, the lower house of the National Diet, on May 21. It was subsequently accepted by the House of Councillors, the upper house of the Diet, the following day. According to the Japanese government’s website, there were many opinions on the bill. A spokesperson for Japan’s top financial regulator, the Financial Services Agency (FSA), told news.Bitcoin.com: The passing of the bill depends on the deliberation process in the Diet. The bill, officially entitled “A draft bill to amend some of the fund settlement laws, etc., in respon
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Share Bitcoin Cash Related Shortlinks Using BCH.gg

Projects and members of the Bitcoin Cash community often need to share important information with other BCH enthusiasts. If you are involved with the cryptocurrency, there’s a website called BCH .gg you can use to shorten URLs, with each shortlink featuring the BCH name. Also read: How to Easily Convert Funds From BTC to BCH BCH .gg Provides Stats About Shortened Links BCH.gg is an easy to use online tool developed by the crypto market stats and charting data website Coinsalad.com for the Bitcoin Cash community. Its main purpose is to address the need for a URL shortener, generating links that can be shared for example on Memo and Blockpress, two social media platforms using the Bitcoin Cash network. By incorporating BCH in the new URLs, the website promotes the cryptocurrency which has seen rapid development of applications and services in the past two years. To shorten a link you need to first paste the original one into the “Enter URL” box. Then you have to click “I’m not
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Wallet and Card App Crypto.com Adds Bitcoin Cash Support

Prepaid, debit and credit cards backed by digital assets are a great way to spend your coins, given that it will take time for retailers to transition to accepting direct cryptocurrency payments. One such card, offered by Crypto.com, has just opened up to bitcoin cash users. Also Read: How to Easily Convert Funds From BTC to BCH Crypto.com Adds Bitcoin Cash Support Hong Kong headquartered payments and cryptocurrency platform Crypto.com announced on Wednesday May 29 that it has added support for bitcoin cash ( BCH ) to its wallet and card app. This means that users can now buy BCH from the service with credit card and bank transfer both available for funding. The company explained that, as it also offers the MCO Visa card, this move adds additional utility to BCH as users can now easily convert digital funds into fiat currencies and spend them at over 40 million merchants supporting the network around the world. Bitcoin cash is the 21st digital asset to be added to the platfo
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PR: True Flip’s Pioneering Crypto Lottery Will Acquire a Cross-Platform Jackpot

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Massively updated, and keeping its remarkable fairness check feature, Flip’s Star will open up to True Flip’s partner network later this year. Meanwhile the game bolsters the evolving loyalty system at Trueflip.io , the company’s playground. The next incarnation of Flip’s Star is built around its progressive Jackpot, worth 50 BTC on launch, and going cross-platform in late 2019. Given its friendly interface, the game appeals with its simplicity, uncommon for blockchain apps. Draws take place every Sunday around 18:00 UTC, when a genuine algorithm by True Flip extracts a winning sequence from a newly-generated, thus unpredictable, Bitcoin block hash. The concept enables a one-click fairness check on the site. With bulk discounts of up to 75%,
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How to Easily Convert Funds From BTC to BCH

Converting funds from one cryptocurrency to another using an exchange can be costly and time consuming, especially if you don’t already have a verified account at one. Luckily there are much faster and convenient ways, such as switching from BTC to BCH right inside the Bitcoin.com Wallet app. Also Read: How to Create a Bitcoin Cash Treasure Hunt Using the Bitcoin.com Wallet to Exchange BTC to BCH The Bitcoin.com Wallet includes a built-in feature for converting funds from bitcoin core ( BTC ) to bitcoin cash ( BCH ) or vice versa. In order to access the service, just click on the tab labeled “Exchange between BTC and BCH ” on the app’s homepage and a new interface will open up inside the wallet. Then just press “Start Sideshift AI” and pick the specific wallet you want to send funds from and the amount you want to exchange. After you approve the trade and fees, the new coins should appear in a few minutes in the appropriate wallet. This service is powered by Sideshift.ai, a
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Bitcoin.com’s Local Bitcoin Cash Marketplace Gathers Thousands of Pre-Launch Signups

On June 4, Bitcoin.com is gearing up to launch our peer-to-peer trading platform Local.Bitcoin.com . After the exchange was announced, the public were invited to create their accounts and place orders. So far the exchange has seen a huge swarm of interest, with over 4,500 signups to date. Also read: Bitcoin.com Celebrates 4 Million Wallets Created Local.Bitcoin.com Pre Launch Accounts Surpass 4,500 The development team behind Bitcoin.com’s Local.Bitcoin.com exchange has been very busy getting ready for the platform’s grand opening. In about a week’s time, on June 4, the peer-to-peer trading platform will begin to allow trading and people from all around the world can participate. In the buildup to the June 4 launch, anyone can sign up and even create a trade so they’ll be prepared for the big day. Of the 4,500+ accounts, there’s been 1,445 unique makers created and over the last 24 hours, 239 accounts were added. The over-the-counter (OTC) trading platform has seen signups from
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PR: BitcoinHD Launches New POC Consensus

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. One of the most influential blockchain conferences – Consensus 2019 – has just ended. Leading figures from all over the worlds of business and technology are still discussing the stories that emerged during the event, on the blockchain market, tech development and more. Consensus is the core spirit of blockchain. The Consensus conference is named after this principle. While paying tribute to the technology, it inspires people in the blockchain industry to communicate, innovate and solve problems. After attending the Consensus conference, the BHD Community held an invitation-only party, ‘New Consensus, New Era’, at the Hilton Hotel NY on 14th May. This party gathered people from all over the world who believe in POC consensus, hard disk mining
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