- All Countries
- All Cities
- Any Month Holding An event? Let Us know
The Bitcoin Cash community has been on a roller coaster this past week, with a volatile BCH market coupled with accusations among creators and the unmasking of Satoshi Nakamoto.
The Bitcoin Cash community has been on a roller coaster this past week, with a volatile BCH market coupled with accusations among creators and the unmasking of Satoshi Nakamoto. The Bitcoin Cash hard fork is set to take place on November 15, which will see the coin split into two chains: Bitcoin Cash ABC and Bitcoin Cash SV. Amidst the upcoming hard fork, trouble is brewing between Bitmain co-founder Jihan Wu and nChain's Craig Steven Wright, members of the BCH community and Roger Ver - BCH proponent and co-founder of Bitcoin.com. Ver has publicly backed Bitcoin ABC and Wright’s nChain is behind Bitcoin Cash SV, pitting them against each other. The two have disagreed over the future of BCH, resulting in the split. Ver revealed a screenshot of an email from Wright wherein the latter threatened Ver and BCH miners and claimed that he was the original Satoshi Nakamoto, the founder of Bitcoin. Jihan Wu retaliated by calling Wright “Fake Satoshi” and wanted him to be kicked out from the BCH community, with the following heated statement - “The whole BCH community are working together to kick Fake Satoshi out. The resisitence [resistance] against cult leader proves the inner strength and sophistication of the BCH ecosystem!”
Ripple is continuing to make waves in the traditional finance world. Owing to the success of its cross-border payments solutions, banks are increasingly testing its technology and signing up to join its payments.
Ripple is continuing to make waves in the traditional finance world. Owing to the success of its cross-border payments solutions, banks are increasingly testing its technology and signing up to join its payments network – RippleNet. MUFG Bank, Japan’s largest lender, and its unit Banco MUFG Brasil S.A. announced a deal with Banco Bradesco S.A. to develop a new cross-border payment service using Ripple’s blockchain technology. MUFG and Banco Bradesco - Brazil’s second largest private bank – will work on creating a payment service between Japan and Brazil. The payment system, which will be developed by Ripple, will facilitate quick, transparent and traceable payments between the two countries. The latest deal between MUFG and Banco Bradesco is an extension of an earlier collaboration agreement between the two lenders, signed in September last year. MUFG was among the first customers to join RippleNet, which is a decentralized network of banks and payment providers that user Ripple’s financial technology to facilitate smoother and quicker payments across countries. Other members of the network include Bank of America, Spain’s Santander and France’s Credit Agricole, among others financial companies.
Switzerland has increasingly embraced cryptos and related businesses. However, the country’s crypto industry is no stranger to cyber attacks.
Switzerland has increasingly embraced cryptos and related businesses. However, the country’s crypto industry is no stranger to cyber attacks. A recent report uncovered the fact that a malware that mines Monero – Monerominer – was responsible for one of the most significant cyber attacks in the country’s crypto sphere this year. The report was published by the Reporting and Analysis Centre for Information Assurance (MELANI), which is a Swiss government funded body set up to coordinate cyber security issues. The 27th semi annual report, published on Thursday, gave details on the largest cyber attacks in Switzerland during the first half of this year. According to the report, Monerominer was responsible for the sixth largest cyber attack in the country. The mining malware enables mining of Monero [XMR] from personal computers without the knowledge of users. The spread of malware to mine Monero without the knowledge of users forced the team behind the crypto to launch a support work group website. The work group is a set of volunteers that provides live support and maintains resources that offer information on Monero mining. “We will not be able to eliminate malicious mining, but we hope to provide necessary education for people to better understand Monero, what mining is, and how to remove malware,” the team had stated at the time.