5 Ethereum Transactions Totaling 0.17 ETH Rack Up $575k in Fees – Developer Error or Something Else?

  2019-02-20 01:00:29

In the span of just four hours, five payments totaling 0.17 ETH were sent over the Ethereum network – along with more than $575k in transaction fees. Eagle eyes keeping watch over the Ethereum network spotted several unusual transactions earlier today, all originating from the same ETH address and all occurring between the hours of […]The post 5 Ethereum Transactions Totaling 0.17 ETH Rack Up $575k in Fees – Developer Error or Something Else? appeared first on BitcoinerX.

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Mike Novogratz-Backed BitGo Offers $100 Million in Crypto Insurance

  2019-02-20 00:50:46

BitGo, a crypto custodian backed by Goldman Sachs, is offering up to $100 million in insurance coverage for cold-wallet assets through Lloyd’s. There is no additional cost to BitGo clients. In a press release, the company said the $100 million of insurance coverage protects custodial assets held by BitGo against: Third-party hacks. Insider theft by employees of private keys. Physical loss or damage of private keys. Mike Belshe, the CEO of BitGo, touted the new service: “This is the most complete insurance offering in the industry. It is not always easy for some clients to understand under what circumstances their investments The post Mike Novogratz-Backed BitGo Offers $100 Million in Crypto Insurance appeared first on CCN

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Bitmain Launches New Energy-Efficient 7nm ASIC Chip for Bitcoin and Bitcoin Cash

  2019-02-20 00:41:44

Bitmain, the largest mining hardware manufacturer in the world, has launched a new 7nm ASIC mining chip which achieves new levels of performance, chip size, and energy efficiency for mining Bitcoin (BTC) and Bitcoin Cash (BCH). New Chips For Mining Bitcoin and Bitcoin Cash Chinese mining giant Bitmain has launched a new generation of ASIC […]The post Bitmain Launches New Energy-Efficient 7nm ASIC Chip for Bitcoin and Bitcoin Cash appeared first on CryptoSlate.

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BCH Devs Lock in Code for the Chain’s Next Upgrade: Schnorr and Segwit Recovery

  2019-02-20 00:39:04

On Feb. 14, a group of Bitcoin Cash (BCH) developers sat down and discussed the featured items for the scheduled upgrade this coming May. According to the programmers, two specific features will be ready for the upgrade: Schnorr signatures and Segwit recovery. The developers also detailed that certain features like nullfail and the 100-byte transaction […]The post BCH Devs Lock in Code for the Chain’s Next Upgrade: Schnorr and Segwit Recovery appeared first on Bitcoin News.

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Mt. Gox: Exchange’s key challenge was getting fiat, says Stellar’s Jed McCaleb

  2019-02-20 00:30:55

Mt. Gox, a Bitcoin exchange platform, continues to linger in the minds of several investors and traders. This is mainly because of the exchange’s part in Bitcoin’s adoption and the hack that led to its doom. Originally, it went by the name, ‘Magic: The Online Gathering Exchange,’ a platform for trading ‘Magic: The Gathering’ cards. […]The post Mt. Gox: Exchange’s key challenge was getting fiat, says Stellar’s Jed McCaleb appeared first on AMBCrypto.

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How to Invest Like Ethereum’s Vitalik Buterin

  2019-02-20 00:15:51

If you’ve ever wanted to model your crypto portfolio after that of Ethereum wunderkind Vitalik Buterin, your chance has finally arrived. Buterin responded to an Ask Me Anything session on Reddit by disclosing his current crypto holdings and other financial interests. Based on Buterin’s statement, we can estimate that he owns less than $5 million in cryptocurrencies besides Ethereum and ETH-based tokens. We arrivate at this round figure by looking at his publicly available wallet and his statements. In Ethereum tokens, he also owns less than 10%, the majorilety of which are denominated in Kyber Network (KNC), Maker (MKR), OmiseGO The post How to Invest Like Ethereum’s Vitalik Buterin appeared first on CCN

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