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Upbit Gets Hacked & TRXMarket Gets Bought

For some Ethereum HODLers who kept their precious Ether on South Korean cryptocurrency exchange Upbit, it wasn’t a good day at all yesterday, even though the Ether price bounced back to over $150. The price wasn’t the problem, though. Upbit was hacked & the hackers got away with 342,000 ETH, the equivalent of $51.3 million […]

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Bitcoin Lightning Network Is Not Economically Viable & Tezos Gains Ground

A research paper written by three Hungarians from Institute for Computer Science and Control (SZTAKI), Eotvos University from Budapest, and Szechenyi University from Gyor, respectively has just revealed what every Bitcoin Lightning Network participant knew intuitively. According to ‘A Cryptoeconomic Traffic Analysis of Bitcoin’s Lightning Network,’ the most popular routing payment channel network off the […]

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Buterin vs Cohen, Bitcoin vs Gold & Ripple Invests In MoneyGram

Ethereum co-founder Vitalik Buterin revisited an old post he wrote five years ago & updated it during the weekend, as mentioned in our cryptocurrency trending news breakdown yesterday, November 25, 2019. It seems though BitTorrent inventor & Chia Network co-founder Bram Cohen was not happy with what Buterin shared with the world in his blog […]