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Bitcoin Gold Suffers Another 51% Attack with $72,000 Double-Spent

January 27, 2020 by Osato Avan-Nomayo at News

Bitcoin Gold (BTG) has suffered another 51% network exploit with the attacker reportedly double-spending $75,000 in BTG tokens. Details of the Bitcoin Gold 51% Attack According to MIT crypto researcher James Lovejoy, Bitcoin Gold, one of the Bitcoin hard forks is once again the victim of a 51% attack. In...

Crypto Exchange Bittrex Delists Bitcoin Gold (BTG) over Refusal to Pay

September 4, 2018 by Aisshwarya Tiwari at Bitcoin, Blockchain, Exchange, Regulation

In an official announcement made by Bitcoin Gold (BTG) on September 1, 2018, the cryptocurrency is set to be delisted from Seattle-based crypto exchange Bittrex. This comes as a result of a refusal to pay 12,372 BTG to Bittrex to remain listed on the exchange. BTG Ecosystem Unscathed Per a...

Cryptocurrencies Meet Art at London’s Mayfair Gallery

August 11, 2018 by Eric Czuleger at Adoption, Altcoins, Bitcoin, Blockchain, Business, News

Come October 2018, and art patrons can purchase creative works at London’s Mayfair using one of the top eight cryptocurrencies. The global exhibition has always been at the cutting edge of the visual arts; it is now moving from fine art to fintech as allows patrons to pay with only cryptocurrencies...

Bitcoin Gold to Implement New PoW Algorithm Preventing Future 51 Percent Attacks

June 6, 2018 by contributor at Altcoins, Mining, News, Tech

Bitcoin Gold (BTG) will switch to a new Proof-of-Work (PoW) algorithm after the recent 51 percent and double spending attack on the protocol. ASIC Miners to Face Unprofitable Times In an official announcement on June 4, 2018, the BTG organization laid out changes to their blockchain expected in the upcoming...

More Forking Forks in 2018?! (BTCP, BTC, and ZCL Analysis)

The Curious Case Of a Fast Rising Bitcoin Offshoot: Bitcoin Private

April 24, 2018 by contributor at Altcoins, Bitcoin, News

After a bearish Q1 2018 for the cryptocurrency market, which saw the total market cap drop by $300 billion since its peak in December 2017, Q2 is marked by bitcoin and its hard forks in a bullish uptrend. Separate Coins for Separate Objectives In what could be either be a...

Bitcoin Exchange Coinsecure Victim of $3.6 Million Theft Through Fault of Their CSO

April 15, 2018 by Nuno Menezes at Bitcoin, Business, News, Tech

Coinsecure, one of the most popular bitcoin exchanges in India, announced it had 438.3186 bitcoin (BTC) - around $3.6 million at current exchange rates - stolen from the company’s main wallet on Friday, April 13. To spice up the story even further, the exchange is accusing its own CSO, Dr....

How to Profit from Bitcoin Forks by Simply Holding a Bitcoin Balance

February 15, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Finance, News, Tech

In August 2017, bitcoin underwent the first major hard fork since it was released back in 2009. A fork involves the splitting of the currency into two separate entities. While the original bitcoin remains unaffected and continues to perform without any problems, the forked currency is led by a different...

Bitcoin Gold Developers: ‘Don’t Trust Us’

November 28, 2017 by Landon Mutch at Altcoins, News, Tech

At the time of publication, the following warning appears on bitcoingold.org welcome page: According to the associated Critical Warning description, Bitcoin Gold’s (BTG) official GitHub repository served unsigned wallet software for almost five days: “Anyone who downloaded the Windows Wallet file between November 21, 2017, 09:39 UTC, and November 25,...

Attention GPU Miners: Bitcoin Gold Goes Live

November 13, 2017 by William Peaster at Altcoins, Bitcoin, News

Its original release date pushed back, Bitcoin Gold (BTG) is finally about the drop. The possibility of GPU mining on a Bitcoin chain is interesting, but is it compelling enough to outweigh BTG’s drama? Bitcoin Gold Mainnet Goes Live Bitcoin Gold’s developers have implemented numerous fixes that are now officially...

Bitcoin Forks again and gives birth to a New Currency Bitcoin Gold

Bitcoin ‘Forks’ Again, Giving Birth to Bitcoin Gold

October 24, 2017 by Nuno Menezes at Bitcoin, Blockchain, News

The Bitcoin scaling debate is far from being while it seems that a new cryptocurrency is coming out of the new Bitcoin fork that took place on October 24, which aims to address miner centralization. However, users will have to wait for the software and comes with a premine of...

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