Slashdot bitcoin exchange

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Eight years ago today, someone bought two pizzas with bitcoins now worth $82 million

Become a fan of Slashdot on Facebook. That attacker must have been an amateur. For sure the laughable "security" these exchanges employ did not stop them.

If you can reverse or stop it even if its stolen it sort of defeats the purpouse does it not? The purpose was to avoid "the double spend problem". The blockchain tracks how much you have, so you can't spend more than that. The exchange can do that because it's actually the exchange that has control of the coins.

The exchange can be ordered to not release them, or to send them to the FBI's wallet. In that case, to stop them from spending it would require one of two things:.

A The big miners agree to blacklist transactions from those wallets, for the betterment of the currency as a whole. B The big exchanges agree not to accept proceeds of transactions from those wallets, reducing their value because who wants BTC that they can't use freely?

You know a certain Bitcoin addressn account number has a certain amount of BTC because the ledger shows all transfers to and from that address. Example history:.

Deadbeef receives 3 buttcoin from 5he first transaction for deadbeef Deadbeef sends 1 buttcoin to Or are you talking about how one would know that a specific hardware wallet, a given physical device, contain. This just in. If found please return to the nearest substation. Piracy arguments work just as well. At some point crypto currencies will become an every day utility. But not before the hyped up space goes through financial ruin and disillusionment of most current owners.

Globally coordinated pump-n-dump. The good news is, crypto is not immune from liquidity crunches. When the money dries up in the real world every asset goes down.

I'd give it another year. These meme is popular and wrong. We are very close to the point where printing will have to suspended. Turns out trend lines are not very useful in a market without fundamentals. This might have been true five years ago. Oh, but they totally do. The only thing forming value for BTC is exchange activity, and those are influenced easily by movements affecting liquidity - i. There may be more comments in this discussion.

Without JavaScript enabled, you might want to turn on Classic Discussion System in your preferences instead. Do you develop on GitHub? You can keep using GitHub but automatically sync your GitHub releases to SourceForge quickly and easily with this tool so your projects have a backup location, and take advantage of SourceForge's massive reach. The company has also suspended deposits and withdrawals Other cryptos taken in the heist include Bitcoin, XRP, and stablecoins.

This discussion has been archived. No new comments can be posted. Full Abbreviated Hidden. More Login. Score: 2. Score: 3. The attacker is probably working on the inside. The industry is unregulated. May as well visit Los Vegas and have some fun gambling lol. Many winners and losers in the cryptocurrency space. I have been around the blockchain space since inception and even with my advanced education and multiple years of industry experience I cannot profess to understand the nuances of the IP involved.

There are just so many vectors to attack or manipulate technically and that should give pause to any serious investor. Re: Maybe Score: 2. It sure is a quick method of determining who is honest and who isn't. You can not con an honest person. It's not like they haven't operated other illegal sites and systems to gather Intel.

Soo prevented? Did not the whole idea pf crypto rest on it being unstoppable? Remember even google and apple started out as idealists. No, the purpose was to avoid spending it twice Score: 4 , Informative. In that case, to stop them from spending it would require one of two things: A The big miners agree to blacklist transactions from those wallets, for the betterment of the currency as a whole.

Parent Share twitter facebook. Re: No, the purpose was to avoid spending it twice Score: 2. So how does one confirm a cold wallet actually contains said currency without sending a query and receiving a reply.

If the bits n bytes are hot someone is going take a big hit to wash them. Not to mention any risks of physical harm, not everyone investing in cryptocurrency is a nice person. Re: Score: 3. I'm not sure if I following what you mean. Example history: Deadbeef receives 3 buttcoin from 5he first transaction for deadbeef Deadbeef sends 1 buttcoin to How many buttcoin does deadbeef have?

They got 3, the sent 1 away, so they have 2 left. Re: No, the purpose was to avoid spending it twic Score: 2. The second part how to confirm a cold wallet contains valid coins without leaving an evidence trail.

Be nice to trade crypto offline via sneakernet but if it means I'm going go down for accepting marked coins that sucks. Just saying its not as simple or secure as it's made out to sound and its definitely not anonymous. Re: Score: 2. It's h. Charge it. Re: Charge it. I keep trying to replace batteries with bitcoins for some reason it shows 0.

Place the amount of power used to create a crypto coin into a device I can use to interchangeably power my life. Kinda like going to purchase bottles water. How we expect to get something of intrinsic value from something that only consumes energy and produces nothing tangible. Let's not forget you actually need electricity to still use cry. Another day another exchange done over. Pretty soon these events won't even be newsworthy.

It's a really good way to cash out Oh sorry folks someone walked away with your bits and bytes we sold you. Nope your cash nor your hash is no longer here, it is however circulating nicely in my wallets. Re: It's a really good way to cash out I agree completely. What is happening at the moment in Texas would be considered market manipulation in any other place.

Great place to waste energy it seems as soon you consume too much you get paid to stop. Be interesting to see how the relationship between crypto miners and energy markets there. I really can not think of a bigger waste of energy than cryptocurrency, considering there are now over of them it seems to me it's just a means to create your own currency without providing anything of.

Isn't a lack of gov't regulation fun? Freedom baby, freedom. Let it wash over you. Cold Wallet best practices anyone? Score: 1. Dumb move to keep such an amount in a hot wallet. Re: Cold Wallet best practices anyone? How does one provide proof of holdings in a cold wallet? Just wait until the market crash Score: 2.

Hackers Target Cryptocurrency Users With New ElectroRAT Malware - Slashdot

Headphones on and an oversize can of MadCroc energy drink by his side, Martti sat at his dorm room desk, giddy. Bitcoin, largely ignored over the last year, was on the verge of receiving global attention. The campaign to get Bitcoin real press coverage had begun a few weeks earlier, not long after Martti finished his three-month internship at Siemens. A new version of Bitcoin, version 0. Martti agreed with a handful of other users that Slashdot would be the best place to do this. A small crew went back and forth about the right language to submit to the Slashdot editors. Despite the modesty of the item, the Internet chat channel that Martti had established for the Bitcoin community quickly lit up.

Egyptian Exchange (EGX) indexes posted gains at the close of Tuesday's trading session, backed by strong purchases by local and Arab.

Slashdot Items Tagged "bitcoin"

Amazon is looking to add a digital currency and blockchain expert to its payments team, suggesting the company could be taking a more serious look at cryptocurrencies such as bitcoin. According to a recent job posting , Amazon's payments acceptance and experience team is seeking to hire an "experienced product leader to develop Amazon's Digital Currency and Blockchain strategy and product roadmap. An Amazon spokesperson said in a statement: "We're inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon. We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible. The company's cloud-computing unit, Amazon Web Services, offers a service called managed blockchain. But Amazon doesn't accept any cryptocurrencies as payment for its products. Digital currencies like bitcoin have grown in popularity in recent years, leading to more institutional adoption. Technology companies have also warmed up to cryptocurrency, including Facebook , which has backed a digital currency project called Diem. In May, Apple said it was looking to hire a lead negotiator to strike partnerships with "alternative payments" partners, listing cryptocurrency as one area of potential job expertise. Skip Navigation.

Bitcoin Stories

slashdot bitcoin exchange

Follow Slashdot blog updates by subscribing to our blog RSS feed. Except Bitcoin is more like the whaling industry. It's terrible for the environment, and destined to be rendered obsolete when something better comes along. One of them performs a vital function in our lives and economy in a vastly more efficient way than previous methods, the other gives us a payment system used mainly by nutjobs and criminals that is vastly less efficient than any other method used or imagined.

It is again in the news after its creators shut down the project and have disappeared altogether from the internet, Gizmodo reported. Just last week, we reported how a new crypto coin, Shiba Inu was up seven million percent just a year after its launch and how new crypto coins were reaching the market almost every day.

Qualcomm unwraps its Snapdragon 820 chip

Catch up on stories from the past week and beyond at the Slashdot story archive. Did you ever notice how the bitcoin bros are always boasting about the price of it while trashing fiat currencies? And how they always use a fiat value to compare its price with? Still waiting for that crash that the financial wizards of slashdot have been predicting for a decade now Interestingly, it's reached 65K on the heels of the news that Sinclair Broadcasting was hit with a Russian ransomware attack.

crypto asset management software

Bitcoin is the pioneer cryptocurrency. Thanks to the first move advantage, it also happens to be the most popular and valuable digital token. And in the bitcoin futures market, …. Full Coverage. The agency also flagged its concerns about the Bitwise Bitcoin ETP Trust's liquidity and transparency and requested more color on the …. As of Jan. Large amounts of bitcoin stolen from the cryptocurrency exchange Bitfinex six years ago were moved by hackers early on Tuesday. But if the price rises, that does not get reflected until an asset is sold.

In other words, Osmosis is a decentralized exchange specifically built for (by marslandingorg) #liquidity-pool #binance-smart-chain #Cryptocurrency.

Norton 360 Antivirus Now Lets You Mine Ethereum Cryptocurrency - Slashdot

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RELATED VIDEO: How a Cryptocurrency Exchange Works

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Wiper Malware Used in Recent Attacks May Be a False Flag to Pin the Blame in Ukraine

Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Sign in. Accessibility help Skip to navigation Skip to content Skip to footer. Become an FT subscriber to read: Inside the cult of crypto Leverage our market expertise Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Join over , Finance professionals who already subscribe to the FT. Choose your subscription.

Slashdot is powered by your submissions , so send in your scoop. Cryptocurrency exchanges should've never been allowed to exist for this long. It's a ridiculous farce to have a huge international anti-money-laundering and sanctions system while people can casually saunter around them with cryptocurrencies, and this is why ransomware went from a rare oddity to a 9-digit industry crippling critical infrastructure.

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