TagZclassic

Bitcoin Private Denies Fraud Allegations and Calls for Halt to BTCP Trading

Bitcoin Private has confirmed the allegations made by CoinMetrics, reported by CCN yesterday. Calling them “mathemetically accurate,” the development team says that no one on their team knows where the extra coins wound up. Again, CoinMetrics stated that at least 300,000 of them had already been moved through exchanges. Due to the low take-up by the Bitcoin community of Bitcoin Private (in which...

Bitcoin Private: Researchers Allege Fraudulent Inflation

Bitcoin Private’s development team is in hot water after researchers for Coinmetrics.io uncovered what they believe to be a serious anomaly in the supply curve of the ZClassic/Bitcoin hybrid cryptocurrency. In careful detail, the researchers recently related how they uncovered that roughly 2 million coins were injected into developer wallets when the currency’s blockchain was being established...

ZClassic Price Jumps Above $100 On Day Of Scheduled Fork

ZClassic’s price has jumped 22.5% to $98.26 over a 24-hour period today, the date of a scheduled fork, giving it a $335,496,321 market valuation. The cryptocurrency has a circulating supply of 3,414,350 ZCL out of a maximum supply of 21 million ZCL. ZClassic has traded 8,826 BTC ($93 million) in the last 24 hours, hitting a high above $120 on the day. Hard Fork Planned Just 44 days ago, Bitcoin...

Zclassic Spikes 100x in December with 'Bitcoin Private' Fork Approaching

The price of Zclassic is moving quite quickly, as it intends to host an upcoming fork of Bitcoin that is privacy-centric. On December 8th, Zclassic developer and founder Rhett Creighton tweeted that he was going to be teaming up with another Zclassic founder in order to plan more active development for the project. Following that tweet, Creighton posted an entire manifesto one week later on the...

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