Online Voting Not Secure Even With Blockchain, Says US Association

The Center for Scientific Evidence in Public Issues penned an open letter urging officials not to utilize blockchain for U.S. elections. With images from the Wisconsin democratic primary flooding the internet this week showing voters braving hail and cold weather in the middle of a pandemic, Americans may be looking for a better way to vote from home. Unfortunately, according to one scientific association in the U.S., there may not be a safe way to do it with their smartphones just yet. In an open letter dated April 9 to…

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Craig Wright’s Lawyers Slam Court Order Based on ‘Personal Attacks’

Craig Wright’s lawyers have slammed a magistrate’s order they argue is wrong in law and based on personal attacks. Lawyers for Satoshi claimant Craig Wright have strongly criticised a magistrate’s order as wrong in law and “based in significant part on personal attacks” against Wright and his Kenyan attorney. Wright‘s team was objecting to the Order on Discovery filed in the U.S. District Court in the Southern District of Florida, that required him to produce a cache of 11,000 documents in a multi-billion lawsuit issued by the estate of his…

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Bitcoin Price Suddenly Drops Below $7K, Crypto Market Under $200B

The price of Bitcoin dropped below $7K for the first time in four days as traders brace for a volatile weekend ahead. Bitcoin (BTC) price dropped nearly $200 in minutes on April 10 to slide below $7,000 for the first time in four days. Data from Coin360 and Cointelegraph Markets showed BTC/USD now dropping below the tight $400 corridor between $7,100 and $7,410 where it had stayed for most of the week. The sudden drop from $7,150 to $6,915 also formed the most volatility seen in recent days and, at…

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Texas Cloud Mining Firm Shut Down After Fake Charity Pitch

The Texas securities regulator has taken emergency action against a cloud mining firm touting unverified charitable donations. The Texas State Securities Board (TSSB) has taken emergency action against cloud mining firm Ultra BTC Mining for issuing unregistered securities.  The emergency cease-and-desist order was jointly filed against Ultra Mining by the TSSB and the Alabama Securities Commission on April 8. The securities regulators accused Ultra Mining of registration violations, fraud, failures to disclose key information relating to its operations, and misleading or deceptive statements. The regulators allege Ultra BTC Mining and…

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Craigs Wright’s Lawyers Slam Court Order Based on ‘Personal Attacks’

Craig Wright’s lawyers have slammed a magistrate’s order they argue is wrong in law and based on personal attacks. Lawyers for Satoshi claimant Craig Wright have strongly criticised a magistrate’s order as wrong in law and “based in significant part on personal attacks” against Wright and his Kenyan attorney. Wright‘s team was objecting to the Order on Discovery filed April 8 in the U.S. District Court in the Southern District of Florida, that requires him to produce a cache of 11,000 documents in a multi-billion lawsuit issued by the estate…

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Chainlink (LINK) Rallies 149% Since March Bitcoin Price Crash

Chainlink leads the crypto market with a 149% rally since Bitcoin price crashed on March 13. This week Chainlink (LINK) is on an absolute tear, gaining 47% over the past four days on strong purchasing volume. The price had dropped by a massive 63.50% from March 11 to March 12 and bottomed at $1.35 on March 13. Since March 13 LINK has rallied 149% and at the time of writing the digital asset was up 6.65% for the day.  Other than the entire crypto market recovering from deeply oversold conditions,…

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First Public Bitcoin Fund Listed on Toronto Stock Exchange

Canadian fund manager 3iQ has launched what Tyler Winklevoss calls ‘the first public Bitcoin fund listed on a major stock exchange.’ Canadian asset manager 3iQ has become the first firm to launch a fund tied to Bitcoin (BTC) on the Toronto Stock Exchange (TSX), after three years of legal wrangling. ‘The Bitcoin Fund’ listed nearly 1.5 million Class A ‘QBTC.U’ shares on TSX on April 9. The fund’s shares are currently trading for around $11 each. On April 10, entrepreneur and crypto investor Tyler Winklevoss tweeted that The Bitcoin Fund’s…

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Grayscale Ethereum Trust Trading at 515% Premium

Investors looking for a safer way to buy ETH are willing to pay a premium of more than 500% to buy it via Grayscale’s Ethereum Trust. Investors are paying a 515% premium to buy Ether through the Grayscale Ethereum Trust. It costs $90.55 to buy a share in Grayscale Investments’ Ethereum Trust (ETHE), however its Ether holdings per share are currently worth just $16.10. That means it’s five times more expensive to buy Ether via the trust than on the open market. 04/09/20 UPDATE: Net Assets Under Management, Holdings per…

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Block.one Will Vote With Its EOS in Clear Break From Previous Cautiousness

Block.one has decided to use its stake of almost 10% of the EOS network to vote for block producers, which marks a break in its previous relationship with the blockchain. Block.one, the company that developed the backend of the EOS network, is now taking a much more active role in it. Its stake of EOS tokens, previously left unused, will be used to vote for block producers (BP), according to an April 8 announcement. The EOS network runs on EOSIO, a blockchain technology stack that Block.one also sells as an…

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Bitcoin SV Just Finished Its First Halving

Bitcoin Satoshi’s Vision completed its first halving, reducing its block reward to 6.25 BSV. Bitcoin Satoshi’s Vision (BSV) just finished its first halving, roughly two years after forking from Bitcoin Cash (BCH) in 2018.  BSV completed its halving at approximately 01:30 UTC. This event marks the reduction of the coin’s block reward from 12.5 to 6.25 BSV.  Bitcoin forks halve one month before their father chain BSV’s halving comes just a short time after BCH’s halving event on April 8, and approximately one month prior to Bitcoin’s halving.  Bitcoin SV…

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