Blockport, an Amsterdam-based currency exchange, has filed for bankruptcy after its Security Token Offering (STO) failed to meet expectations. According to a blog post published in April 2019, the co-founder and chief product officer Sebastiaan Lichter said the company failed…
Category: Crypto Flash News
Samourai Wallet Secures First Investment of $100,000
Samourai Wallet, a privacy-enhanced bitcoin wallet app, just received its first round of venture funding. Katana Cryptographic, the company that maintains the Samourai Wallet, received a $100,000 investment from Cypherpunk Holdings with the purpose of developing new features to enhance…
Not Your Keys, Not Your Coins: How Arwen Wants to End Exchange Custodianship
The long list of cryptocurrency exchange hacks tells the story of one of the Bitcoin industry’s biggest problems to date: Custodial exchanges are a big target for attackers and a centralized point of failure for those that rely on them.…
Crypto Exchange Bits of Gold Wins Court Dispute Against Bank
Israel’s Supreme Court has ruled in favor of crypto exchange Bits of Gold in its legal battle with Bank Leumi, the country’s second-largest bank. The ruling means Bank Leumi has to open banking services to the exchange, although the bank…
Apps, Services and Devices That Put Every Bitcoiner in the Driver’s Seat
In the beginning, there was Bitcoin Core. Satoshi Nakamoto’s seminal software implementation for the Bitcoin network was a one-stop shop for early users: For the earliest adopters, it functioned as a full node, wallet and miner. Ten years and a…
Proof of Wrongs: Debunking ‘Faketoshi’ With Jameson Lopp
In this episode, Dave and Grahm sit down with Jameson Lopp to discuss his recent op-ed, which appeared on BitcoinMagazine.com on May 8, 2019. “How Many Wrongs Make a Wright” is a comprehensive investigation into Craig Wright and his questionable…
The FBI Wants QuadrigaCX Victims to Share Their Experiences, Posts Questionnaire
The U.S. Federal Bureau of Investigation (FBI) has questions in its ongoing investigation into the mysterious $190 million collapse of Canadian crypto exchange QuadrigaCX, so it’s turning to previous customers of the exchange for answers. Yesterday, the agency posted a…

Slush Pool Operator Braiins Set to Rollout Upgrades
Braiins, a cryptocurrency mining pool operator based in Prague, is rebranding its company’s operation and bringing all of its products under a single umbrella. Updates Are Coming Braiins is the company behind Slush Pool, the original cryptocurrency mining pool with…

Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’
The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence…

Watchtowers Are Coming to Lightning
“The Eye of Sauron casts its gaze upon the Lightning Network.” This is how Lightning Labs CTO Olaoluwa Osuntokun (aka, roasbeef) has heralded the coming of Watchtowers to the Lightning Network. Though comparing the technical feature to the demonic gaze…