Category Archives: Bitcoin

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Updates on Equifax Breach Frustrate Consumers

TheMerkle_Bitcoin Faucet LegalityRecently, one of the largest personal data breaches ever was made public. A credit reporting company, Equifax, reported that the personal data of over 143 million Americans had been compromised in a data breach. Since then there have been a few updates, and many of them are nothing short of infuriating. Do Not Let Anyone Fool You, If You Have Credit You Were Affected While hearing that 143 million Americans had their personal data compromised is bad enough, the reality is even worse. 143 million is about half of the US population, but it’s a much higher percentage of credit-holding adults over

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Bitmoney.eu Making Way to Czech Republic Estonia and Slovakia with TrustPay as Sixth Payment Method

Bitmoney.eu believes that anyone and everyone should be able to acquire bitcoin. Bitcoin guarantees that your money will not disappear, ever. It is incredibly safe and secure to hold as private money, as well as making transactions. Owning bitcoin is a…

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Deribit Absorbs $235,000 Loss Caused by Liquidation Algorithm Bug

TheMerkle Deribit Algorithm BugCryptocurrency exchanges are often targeted by criminals in an effort to steal data or money. However, those are not the only threats they face. Some problems are the result of internal errors, such as a trading algorithm gone awry. In the case of Bitcoin futures exchange Deribit, its liquidation algorithm caused major losses. As a result, the company has put all Bitcoin futures on hold for a brief period. Deribit’s Algorithm Messes up Badly It is never good to see a trading platform or options exchange suffer at the hands of its own algorithm. While this piece of code is expected to perform flawlessly every single

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