Category Archives: Cryptocurrencies News

Proof-of-stake (PoS) blockchain Cardano (ADA) went live with its Byron reboot yesterday, March 30, as the project prepares its transition to the Shelley mainnet. Announced by Cardano’s developer, the peer-to-peer technology firm Input Output Hong Kong (IOHK), the reboot involves a series of updates to major components of the Cardano network — the Cardano node, […]

Tobias A. Huber is a researcher with the Department of Management, Technology and Economics at ETH Zurich, in Switzerland. Every four years, the Bitcoin protocol halves the block reward that miners receive when they contribute a so-called “block” of transactions to the blockchain. Currently, the reward is 12.5 bitcoins per block. The next halving will occur, […]

A malicious botnet has been targeting Microsoft SQL database servers to mine cryptocurrency for two years, according to a new report. Guardicore Labs said Wednesday that in the last several weeks alone, the hackers had managed to infect close to 2,000 to 3,000 servers daily. As reported by Hacker News, the botnet has been dubbed […]

Mt. Gox’s creditors will meet today, March 25, as part of a compensation process that seems to go on and on. This news comes at a unique time: amid a pandemic and with the world on the brink of economic crisis. It calls to mind again the 2014 collapse of Mt. Gox, the Japan-based cryptocurrency […]

Crypto-lending platform Nexo has today, March 25, opened up the option of using PAX Gold (PAXG) as collateral against its loans to retail investors. A pilot scheme in late 2019 was limited to institutional clients and purportedly saw immediate demand for its gold-backed credit lines. Nexo’s announcement means that collateralized borrowing against high-grade gold is […]