Plaintiff in AT&T SIM-Swapping Case Sues ‘Bitcoin Bandit’ for $81M
    The plaintiff in a $224M lawsuit against wireless carrier AT&T has turned his attention to a new target. Michael Terpin’s legal team have filed a second suit, this time against 21-year-old Nicholas Truglia, dubbed the “bitcoin bandit” by the New York press. The Manhattan resident, who was arrested on unrelated SIM-swapping charges in November, now finds himself the target of an $81 million suit th...
    The social layer is ironically key to Bitcoin’s security158
    A funny thing happened in the second half of 2018. At some moment, all the people active in crypto looked around and realized there weren’t very many of us. The friends we’d convinced during the last holiday season were no longer speaking to us. They had stopped checking their Coinbase accounts. The tide had gone out from the beach. Tokens and blockchains were supposed to change the world; how com...
    How to Put Crypto In Everyone’s Pocket in 201948
    In the same way all economic movements have done throughout history, blockchain finance challenges our traditional conceptions of ‘value,’ and, in turn, our ideas about identity and freedom. The new digital economy is now being built by a worldwide community who share common goals of decentralization, transparency, and financial inclusion.
    Government use of blockchain will shape our digital identity36
    To be honest, I hate the word “identity.” There’s a lot of talk about this now, but if anyone is telling you they’re building “identity” on a public network, you should run immediately. Why? Because it’s probably the worst thing to do. The irony of this all, is that the more we advance into the future – with devices, IoT, blockchain technology, and hyper-connectivity – the more data is going to be...
    The 2018 Crypto Market Review (Part II: My Personal Ordeal)
    I read a tweet thread about a week ago of a famous trader on Twitter who made a lot of money in the 2017 bull run and almost has nothing to show for it now at the market bottom. He went from $32,000 to $1.2M, then it’s back to basically zero once taxes are paid. The thread was a reminder of the cruel effect of the bear following a huge bull run. Almost every crypto investor has their share of such...
    Ethereum is (arguably) centralized0.01
    I will preface this blog post by saying that my aim here is to set out and list some suggestive, not definitive, evidence I see of increased centralization in the Ethereum ecosystem. If you disagree with my opinion, that’s your prerogative. If you want to convince me otherwise, go dig up the hard data and… Continue reading Ethereum is (arguably) centralized →
    Ethereum devs reschedule Constantinople hard fork for late Feb20
    Ethereum core developers have now said they will activate the proposed Constantinople upgrade in late February. The upgrade was delayed earlier this week following a code audit, which revealed that the fork would introduce security issues affecting Ethereum’s smart contracts, potentially resulting in the theft of users’ funds. As previously reported by Hard Fork, the initial delay was announced on...
    ShapeShift forced to ‘help’ police with 60 cryptocurrency inquiries last year24
    Prominent cryptocurrency exchange service ShapeShift has disclosed the number of times it been forced to give up information about its users to international authorities. In a blog post, ShapeShift revealed it has “assisted” law enforcement agencies with 60 different inquires last year, 30 percent of which came from the United States. A significant number of enquiries made by authorities from Germ...
    All the Ways Grin (and Beam) Take Crypto Back to Its Roots
    Two new cryptocurrency projects are generating a groundswell of excitement in crypto-land: Grin and Beam. The two ‘privacy coins’ both went live this month, with Beam’s genesis block minted on January 4, and Grin’s on January 15. They’re relatively similar in their use of a technology called MimbleWimble to create currency that’s both decentralized and untraceable, in contrast to bitcoin’s public ...
    Blockchain sharding made so simple your dog would understand26
    Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Scaling blockchain is becoming one of the technology’s great mysteries. Does anyone know how to do it? Can it even be done? Some seem to think so, but of course, it won’t be simple. There are numerous “solutions” being offered by various developers, resea...