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Культовый журнал о биткоине, технологии блокчейн и цифровой экономике. forklog hub Площадка для общения криптосообщества. Соединяем компании и пользователей.

#cryptocurrencies

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Krzysztof Shpak 695 29.01.2020

Don’t Trust the Wallet in Apartment 23: What Bitcoin Wallets Have Worst Reputation and Why

Choosing a crypto-wallet is usually one of the first challenges that a rookie cryptocurrency user has to face. Of course, the internet is full of guides on how to make the choice. Those guides can be good or bad, reasonable or silly, free or sponsored, and so forth. Still, while such reviews are abundant, there […]
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Krzysztof Shpak 516 29.01.2020

IEO Declared Dead, but Don’t Be Too Quick to Bury It

The Block’s analyst Larry Cermak declared Initial Exchange Offerings dead, pointing out the concept’s bleak statistics for 2019. 
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Krzysztof Shpak 826 28.01.2020

Gordon Einstein: The Fact That Libra Stalled Reemphasizes Why Bitcoin’s Autonomy Is so Important

In retrospect, Libra was the hype of 2019. Facebook, global payment processing, cryptocurrency all mushed together in a reptilian power fantasy. “What could have gone wrong?” we ask ourselves as we watch Vodaphone coyly quit the Libra Association, becoming the eighth company to pull out of the project.
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Krzysztof Shpak 576 23.01.2020

Justin Sun’s Secret Projects, or What Lies Beneath Tron Founder’s Empire

From the moment of its inception, the Tron platform and its founder Justin Sun have garnered significant attention from news media within the crypto-industry. There are perfectly legitimate reasons for this, such as important technological releases or major acquisitions. There is also an abundance of much more controversial news hooks, surrounding the person of this […]
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kiwi
Krzysztof Shpak 642 21.01.2020

OneCoin Ponzi Scheme: Scam of the Decade Continues in 2020’s Oceania

Recently, we’ve published an investigation into a large-scale Ponzi-scheme called OneCoin. The scheme had its branches in several different countries across several continents, defrauding people of billions of dollars.
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Krzysztof Shpak 921 21.01.2020

Dead Man’s Chest: A Story of QuadrigaCX CEO Gerald Cotten Who Took $137 Million Worth of Users’ Assets to the Grave

On December 9, 2018, in the Indian city of Jaipur QudrigaCX CEO Gerald Cotten (30) allegedly died of cardiac arrest. He was reported to have suffered from Crohn’s disease and on the day of his death turned out to be the only holder of private keys to cold wallets with QuadrigaCX’s users’ assets worth $137 […]
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Krzysztof Shpak 632 19.01.2020

Another Pyramid That Could: Cashbery, Crypto, and the Legacy of a Post-Soviet Scam Legend

There are important lessons that go by with seemingly minuscule effects. The legendary MMM, a pyramid scheme orchestrated by Sergei Mavrodi in the 1990s, is one of them. The post-Soviet countries of the period were somewhat of a Wild West. The opportunities were huge, but not everybody was in a position to seize them. Those […]
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Krzysztof Shpak 301 18.01.2020

What Is DEX?

1 What is a decentralized exchange? Decentralized exchange (DEX) is an exchange built on a distributed ledger. It does not store users’ private data on its servers and only serves as a platform for matching users’ bids and asks. All trade that happens on such a platform is strictly peer-to-peer with no financial intermediaries. That […]
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Krzysztof Shpak 272 15.01.2020

What Is Stablecoin?

1 What is a stableсoin? Stablecoin is a cryptocurrency with a fixed exchange rate or with certain means of resisting exchange rate fluctuations. In most cases, stablecoins are pegged to real-life assets like fiat currencies, precious metals, or asset baskets. Others emulate certain monetary policies practiced by central banks in a decentralized fashion. 2 How […]
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Krzysztof Shpak 555 14.01.2020

The Threat of Quantum Computers: Will Bitcoin Get Hacked?

Quantum computing has been one of the horror stories for bitcoin enthusiasts for a while now. Experts have repeatedly argued that this new tech would endanger the very existence of the network, which no one has managed to hack since its launch.
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Vulnerabilities
Krzysztof Shpak 989 09.01.2020

Hacker’s Loophole: Vulnerabilities That Cause Bitcoin Exchanges to Lose Millions

According to a May study by The Block, 42 large cryptocurrency exchanges have been compromised since 2012, not taking smaller platforms into account. The total amount of stolen funds exceeded $1.35 billion, with about 59% of these funds (795.5 million) being stolen in 2018.
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ForkLog 1308 12.07.2019

Bitcoin Price Goes Up After Donald Trump Says Cryptocurrencies Aren’t Money

The US president has made his first-ever public comments about Bitcoin and cryptocurrencies, stating that they “are not money” while their “value is highly volatile and based on thin air.”
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