Lead Developer of Blockchair Voices Concerns About Bitcoin’s Security Budget

Lead Developer of Blockchair Voices Concerns About Bitcoin's Security Budget

The chief developer of the cryptocurrency block explorer Blockchair, Nikita Zhavoronkov, has voiced his worries on the declining security budget of Bitcoin. Zhavoronkov said that in order to counteract the security impact of the most recent reduction, the network must endure persistently high costs. Fees have restored to normal after Runes were issued after the … Read more

Chinese Fraud Victims Request Government Assistance to Recover 61,000 Bitcoins Taken by UK Authorities

Chinese Fraud Victims Request Government Assistance to Recover 61,000 Bitcoins Taken by UK Authorities

The foreign ministry of China has been contacted by a group of Chinese victims of a $6 billion scam to help them retrieve 61,000 bitcoins that were taken from a scammer and her accomplice. Attempts to give the British government ownership of these bitcoins have been met with fierce opposition from the victims of fraud. … Read more

Salvadoran Press Casts Doubt on Who Owns Piggy Bank Funds: Bitfinex Owns 80% of Bitcoin

Salvadoran Press Casts Doubt on Who Owns Piggy Bank Funds: Bitfinex Owns 80% of Bitcoin

Concerns have been raised concerning President Bukele’s declaration last week that 5,690 Bitcoins belonged to the nation when he moved them all to a cold wallet, according to reports from the local press in El Salvador. Journalist Moises Alvarado discovered that while 20% of the money in this wallet originated from Chivo Wallet, the national … Read more