BurnerCoin speeds onto Blockchain Bypass
“Bypassing the blockchain for the sake of anonymity” is not something you hear every day, but newly developed BurnerCoin is seeking to do just that. Development of BurnerCoin, a motorsport-themed altcoin CoinTelegraph reported on last week, has been occurring at a blistering pace since its release 3 weeks ago. An Android app is already available on Google Play, which allows players to race in order to win BurnerCoins, and it is tipped to be the next coin added to the Poloniex exchange by popular vote. Yesterday, however, its developer announced the main upgrade to BurnerCoin, and it could....
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Cryptocurrency and motorsport have had a solid relationship from the outset, but now a new altcoin is set to become the emblem of the industry. BurnerCoin has already got off to a speedy start. Just one week after its creation, the developer is “hitting the ground running” with considerable publicity and is already backed by an excited community, a spokesman for BurnerCoin’s promotion told CoinTelegraph. The coin is designed to serve the needs of the motor industry, from Formula One and NASCAR to merchandise sales to classic car hire. “All of that commerce can be fueled by extraordinary....
The U.S. Office of Foreign Assets Control has fined Bitgo for failing to prevent users in sanctioned countries from using its crypto wallet service. The agency says Bitgo processed 183 cryptocurrency transactions that were “apparent violations of multiple sanctions programs.” US Treasury Alleges Bitgo Allows Users to Bypass Sanctions The U.S. Department of the Treasury announced on Wednesday that the Office of Foreign Assets Control (OFAC) has entered into a $98,830 settlement with Bitgo “for 183 apparent violations of multiple sanctions programs.” Bitgo offers....
With the rollout of Go-Opera, the most significant network upgrade yet, Fantom’s blockchain technology can now execute transactions in less than a second, with industry best transaction fees. Blockchain technology has typically suffered with incredibly slow transaction speeds and very high transaction fees. Fortunately, a new generation of blockchain platforms has arrived, and a key […]
The U.S. government uses USDC to bypass Venezuelan blockades. Chainalaysis eyes a $100 million raise. BTC is less volatile than 22% of S&P500 stocks, VanEck finds.
Digital currency exchange Gemini is doing away with transaction confirmations for approved customers. Announced yesterday, the move will see the New York-based exchange, founded by investors Cameron and Tyler Winklevoss, begin crediting users for their bitcoin deposits before those transactions have been confirmed on the network. Typically, most services will wait for at least three to six confirmations before accepting a deposit as genuine. Bitcoin transactions, after being included in an initial block, become "confirmed" as new blocks are added to the transaction history. Now,....