TagVericoin

Cryptocurrency Exchange MintPal Announces New Platform Release Deadline After Attack

When MooPay LTD acquired MintPal in July, their main focus was improving security. MintPal fell victim to an attack on VeriCoin earlier this year, showing a hint of weakness in their pre-existing security and some loss of faith in the exchange. Once MooPay LTD took over, they made it their mission to improve security to garner more trust and faith in the popular cryptocurrency exchange. They...

Should the Bitcoin Blockchain be Manipulated?

Blockchain Tamper

Recently a discussion over whether or not a cryptocurrency Blockchain is free to tamper has been rekindled. The debate has been around since the beginning of cryptocurrency and Bitcoin, but it has resurfaced as two altcoins now have recently come to this monumental decision. The first was VeriCoin; the second was NXT. So, is the blockchain sacred, or something that can or should be changed under...

VeriCoin Developer: “The NXT Chain Should Not Be Rolled Back”

NXT Stop

Update: NXT has announced to CCN that there will be no rollback. To read the announcement, visit our article here. Earlier this year, the cryptocurrency exchange MintPal, now owned by Moopay LTD., became the victim of an attack. The hacker got away with eight million VeriCoin, a staggering 30% of all VeriCoin in existence. The theft caused the VeriCoin developers to face a decision to roll back...

VeriCoin Party at the Bitcoin Center NYC; Major success and tons of fun

On Monday, July 28, the Bitcoin Center of New York City hosted the first ever VeriCoin Party. Starting at 7pm, Monday evening, people from all over came to the Bitcoin Center for a night of good-ole Crytpo fun. What is VeriCoin? "[VeriCoin] is a proof-of-stake currency. We have a feature where you can pay for anything [where] Bitcoin is accepted with VeriCoin, right in the wallet. So, it's a...

Bitcoin Exchange MintPal Taken Over by Moopay LTD in Acquisition

Moopay LTD confirmed rumors and announced today that after long talks with leading altcoin exchange MintPal, they have acquired their business. Mintpal will join the ranks of Moopay’s payment processing service Moolah this August. Moopay plans to make serious security upgrades to the exchange, starting with a full audit and making sure all the back doors are closed. [divider] CCN [/divider]...

Vericoin Review - A Unique Coin with Decentralized PoS

Vericoin is today's Random Coin of the Day. I chose Vericoin for its unique outlook on decentralization of PoS (Proof of Stake) within its network. Vericoin uses VeriSMS and VeriBit for this purpose, where VeriSMS allows users to store Vericoin using SMS and withdraw it later, and VeriBit allows you to pay companies accepting Bitcoin, with Vericoin. VeriSMS is capable of being spoofed and hackers...

Bitcoin News in Review: BitLicense, Dell, Merged Mining, and More

Happy Sunday! With the end of a rather eventful week, it's time for the Bitcoin News in Review. This week was all about New York's BitLicense, Dell accepting Bitcoin, Charlie Lee re-proposing merged mining, and more. Check out this week's top stories after the break. [divider]CCN[/divider] BitLicense If you've been following this week's Bitcoin news, you've probably heard of New York's BitLicense...

VeriCoin Developer Speaks with CCN on MintPal Hardfork

Vericoin Mintpal

Recently, the digital currency exchange MintPal was successfully attacked. VeriCoin was the target, and nearly 30% of all the VeriCoin in existence were stolen. In a time of quick decisions, the VeriCoin developers came in contact with MintPal and decided to hardfork their blockchain to a point before the transaction. The decision has caused some conversations to come forth of the hardfork that...

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