Craig Wright: Coinbase-BTC Gold case not related to private keys
A custodial exchange holding your Bitcoin in an online wallet legally owns those coins, says Bitcoin creator Dr. Craig S. Wright.
A custodial exchange holding your Bitcoin in an online wallet legally owns those coins, says Bitcoin creator Dr. Craig S. Wright.
A U.S. Court of Appeal has confirmed an earlier judgment in favor on Coinbase in Darrell Archer’s suit against the digital currency exchange.
Bittrex has decided to delist the alt coin after its team failed to pay the sum of 12,732 BTG, worth $265,000 in current trading price, as compensation following the infamous 51% attack in May, in which hackers managed to spirit away over 388,000 BTG.
Hashing power for rent has made it easier—and cheaper—than ever to attack altcoins, with 51% attacks now possible for as little as $500, according to data from Crypto51.app.
BTC Gold reportedly fell victim to a double spend attack when a miner gained 51 percent control of the network.