Court Denies Craig Wright’s Motion for Judgment in Kleiman V. Wright

The judge overseeing the Kleiman V. Wright case has denied Wright’s motion for judgment on the pleadings, citing lack of credibility. Judge Bruce Reinhart has denied a motion from Craig Wright in the ongoing Kleiman V. Wright saga. Wright apparently filed for a judgment on the pleadings in a two-pronged attack — neither of which met with sympathy from the court. The court issued its decision on Aug. 15. As stated in the court document, Wright presented a factual attack, which was that the court lacked subject matter jurisdiction. For…

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Understanding Litecoin’s Dusting Attack: What Happened and Why

Two weeks after the Litecoin halving, the network experienced a major dusting attack, which sources say might have affected around 200,000 wallets… On Aug. 10, the Binance and Litecoin (LTC) community came to life as news of a potential “dusting attack” was announced through the official Binance Twitter account. In the tweet, the team explained that around 50 Binance Litecoin addresses received a fractional amount (0.00000546) of Litecoin, which the exchange’s security team identified as a part of large-scale dusting attack.  Related: Litecoin Halving Aftermath: LTC Price, Hash Rate, Community…

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Major Staffing Company Kelly Services Turns to Blockchain With New Partnership

Major staffing company Kelly Services has partnered with online blockchain-based hiring platform Moonlighting to improve internal processes management. Global staffing company Kelly Services announced a strategic partnership with online blockchain-based hiring platform Moonlighting. As Forbes reported on Aug. 14, Kelly Services will deploy Moonlighting’s blockchain-enabled hiring platform in a bid to streamline internal processes such as secure uploading of job seekers’ profiles and their distribution among various platforms. Moonlighting is based on EOSIO’s public blockchain and reportedly does not involve the use of a cryptocurrency. Moonlighting CEO and founder Jeff…

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Dash Releases Upgrade In Response to Newly Exposed Vulnerabilities

Dash has released a new version of its peer-to-peer client in response to security issues that became apparent this week. Dash has released Dash Core v0.14.0.3, a new version of the wallet and P2P client for its cryptocurrency DASH in light of recent transaction spikes on its mainnet.  Security upgrade Dash Core announced the news in an official blog post on Aug. 15. According to the announcement, Dash was hit with either an external stress test or attack on Wednesday and Thursday this week. The post said that “the upgrade…

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These Portfolio Tracking Tools Will Also Prepare Your Crypto Taxes

Tax season is months away, which is why you need to start preparing for it now. Leave everything to the last minute and you’ll only end up cursing your procrastination. Organize your cryptocurrency activity in advance and you’ll breeze through tax deadline day without so much as flinching. Despite maddeningly vague or unfair legislation, filing your crypto taxes is surprisingly simple thanks to an array of tools that make tracking and calculating your obligations a cinch. Also read: Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money Crypto Taxation Doesn’t Have…

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Coinbase Custody Buys Xapo Institutions, Continuing Rapid Expansion

Coinbase Custody announces acquisition of Xapo’s institutional business, putting total assets under custory over $7 billion. Disclaimer: this story is breaking and may be subject to updates. Coinbase Custody has reportedly acquired Xapo’s institutional business to become the world’s largest crypto custodian by assets under custody. Major crypto exchange Coinbase announced the news in a post on the company’s blog Aug. 15. The news follows manic growth on the part of Coinbase’s year-old custodial wing, which only two months ago reported assets under custody (AUC) valued at $1.3 billion.  According…

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Blockchain Music Streaming Startup Unveils Source Code, Incentives

Audius, a blockchain-based music streaming service in development, has unveiled its code and some node-running incentives to the public. Audius, a blockchain startup that aims to disrupt the music streaming industry, has uploaded its public beta version.  The open source code for public use of Audius is available on GitHub as of Aug. 15. Additionally, the startup has issued an open invitation to run network nodes in exchange for compound rewards distributed in Audius’ native token. Decrypt reported the startup’s recent developments on Aug. 15. According to Audius CEO Roneil…

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Bitcoin Price Shows Signs of Recovery as Altcoin Market Stays Red

Most top cryptocurrencies are still falling in price, while Bitcoin price sees some rebound on the day after drop earlier this week. Thursday, Aug. 15 — Bitcoin (BTC) is seeing some upward movement as Ether (ETH) and XRP continue to slump. Market visualization. Source: Coin360 Bitcoin is trading at $10,407 at press time, representing a 0.82% price increase on the day. Bitcoin has ranged from just under $10,000 to over $12,000 this month and had most recently been on a downward streak. However, after bottoming out around $9,700 today, BTC…

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