Crypto Currency

1400BTC Stolen from User, Trace Ends in Russia A Russian hacker is believed to have stolen 1,400 Bitcoin (BTC) from a Electrum user’s wallet, according to the victim’s  post  made on Github on August 30. User says that he had 1400 BTC in an Electrum wallet he had not accessed since 2017 The user had installed an old version of the wallet, which then launched a popup asking him to install the new version After installing the new version, the BTC was immediately transferred to the  hacker’s address , which N-chain analysis shows was linked to a Binance account The trace ended in St. Petersburg, Russia, though it is suspected that a VPN was used to hide the true location Binance CEO Changpeng Zhao  said  that the exchange had blacklisted the address; the Binance team added that the address does come from a specific Binance user Other users in the Github thread have reported similar incidents, though there has been no update from Electrum  

Photo by Dmitry Demidko on Unsplash Satoshi Nakamoto: Interesting Facts you Need to Know: Satoshi Nakamoto is the creator of Bitcoin and therefore of all cryptocurrencies. Bitcoin was the first cryptocurrency and after that many more appeared in the crypto space. Yet, Satoshi identity remains a mystery until that day, and there is a high possibility that we will never learn for sure who created Bitcoin. Used to be very active on  BitcoinTalk.org  in the early days of Bitcoin, , before disappearing in 2011. Inevitably there are some very cool facts about Satoshi who started the multi-billion dollar industry of cryptocurrencies, that you probably don't know. Interesting Facts you Need to Know about Satoshi Nakamoto:  Satoshi Nakamoto is a pseudonym Despite many people have come forward and admitted that they are Satoshi Nakamoto, there is no evidence who could be behind that pseudonym. It could be a man, a woman, a group of people, many possibilites. There are e

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"Ethereum Turns 5 Years Old Today" The Ethereum (ETH) network turns 5 today. Envisioned as a “decentralized world computer”, the network was launched on July 30, 2015 by Vitalik Buterin and several others who have achieved success in the industry, including Charles Hoskinson, Joseph Lubin and Gavin Wood. Happy fifth birthday, @ethereum ! 🎉 — Augur (@AugurProject) July 30, 2020 Now worth over $35 billion, Ethereum has become an indelible part of the market, a home to numerous assets built on top of it. It is also the bedrock of the DeFi space, with a majority of said platforms running their services on top of Ethereum. Ethereum has grown rapidly since launch, with its smart contract capabilities showing developer that more could be done with blockchain technology.  The scale of the influence of Ethereum is easily visible in the number of “Ethereum-killer” clones that have followed.  EOS (EOS)  and  TRON (TRX)  have seen modest success, but the