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Bithumb Employee Found Guilty of Security Failings that Led to Hack


A court in South Korea has found a senior employee at crypto exchange Bithumb guilty of breaches of internet security law. The judge stated that the employee’s actions led to a 2017 hack that saw a raider make off with the personal information of 31,000 customers – and also found the exchange’s...

Design Systems Blogathon


It was fun watching a bunch of back and forth blogging between a bunch of smart people quoting a bunch of smart people last week. If you missed it, you might wanna start at the end and work backward. I only have one tidbit to add. I don't do much with design systems as someone who works on pretty...

'A Clear Indication' of 'Healthy' Bitcoin Adoption Found


Crypto market researcher Glassnode claims it has found "a clear indication of a healthy and consistent adoption of Bitcoin over the past 10 years." According to them, the daily net growth of on-chain entities holding bitcoin (BTC) is consistently positive: "In Bitcoin’s history there have been only...

More BS on Lightning: Blockstream Pours Liquid on Thick


Blockstream reps have long been pushing for full implementation of the perpetually-delayed Lightning Network as the main solution for BTC scalability. With the recent announcement of “federated sidechain” Liquid’s integration with Btcpay, however, the tune seems to have changed....

Peter Schiff Forgets Bitcoin Wallet Password, Blames Bitcoin


Peter Schiff hates Bitcoin almost as much as bitcoiners hate Schiff. The gold bug makes a point of dissing the cryptocurrency whenever he can, despite the hypocrisy of accepting BCT on his own website. Today, the eccentric entrepreneur found a new reason to rip on bitcoin after forgetting...

Researcher’s Scathing Lightning Network Analysis Finds Flaws


On January 7, digital preservation researcher David Rosenthal published an overview of BTC’s Lightning Network (LN) which claims LN infrastructure isn’t decentralized and privacy-preservation is a myth. Rosenthal’s analysis found significant flaws with the LN fee system and...

Video Shows How Easy It Is to Double Spend BTC Using RBF


On December 18, the web portal Bitcoinbch.com published an informal notice explaining that merchants accepting BTC should switch to BCH because of “dangerous flaws” found in the BTC software. The problem is tied to slow confirmation times tethered to a BTC-based protocol called...

European AML Directive Pushes Crypto Startup Bottle Pay Out of Business


Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work...

Croatian Post Now Offers Crypto Exchange Service at 55 Branches


Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot...

AI Research Reveals Crypto Leaders Are Angry and Depressed


An artificial intelligence-driven personality research on the characteristics of crypto industry leaders such as Vitalik Buterin, Justin Sun, and Brian Armstrong found that intellect, liberalism, and cautiousness are their top personality traits. And a comparison with general tech titans showed...

Accused Onecoin Co-Conspirators Fight Criminal Charges in the US


The Onecoin scam, a multi-level Ponzi scheme that acquired $4 billion from investors has been falling apart at the seams. Criminal proceedings have started against Onecoin leaders and one alleged associate who was found guilty of laundering $400 million has asked a New York judge for more time...

The Best Cocktail in Town


I admit I've held in a lot of pent-up frustration about the direction web development has taken the past few years. There is the complexity. It requires a steep learning curve. It focuses more on more configuration than it does development. That's not exactly great news for folks like me...

Ways to Organize and Prepare Images for a Blur-Up Effect Using Gatsby


Gatsby does a great job processing and handling images. For example, it helps you save time with image optimization because you don’t have to manually optimize each image on your own. With plugins and some configuration, you can even setup image preloading and a technique called blur-up for your...

Crypto Exchanges Found a Way to Solve Major Regulatory Headache


Source: iStock/bernie_photo Virtual asset service providers (VASPs) just launched the OpenVASP initiative that aims to solve one of the biggest regulatory challenges, known as the "travel rule." As a reminder, the rule necessitates that VASPs share customer info with each other, so that...

Market Outlook: Crypto Whale Tales and China’s Blockchain Hype


During our last market outlook, cryptocurrency prices had found new foundations after the massive rally on Friday, October 25. Since then digital currency prices have been meandering roughly in the same positions after coins like BTC failed to break upper resistance on various occasions. Also read:...

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