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Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall


Ethermine will now proceed to distribute its $2.6 million bonanza from a series of bizarre ethereum transactions last week after the fund’s owner failed to make a valid claim. On June 11, the miner, a unit of Bitfly, received the record fee in a transaction involving just 350 ether (ETH),...

Spacex Bitcoin Scam Features BTC Giveaway, Elon Musk, and NASA Launch


A Spacex bitcoin scam has frequently appeared on Youtube, claiming to give away BTC. Its promo video features the recent Spacex launch with two NASA astronauts and an interview with Spacex and Tesla CEO Elon Musk. The scammers claim that anyone sending bitcoin to them will...

Pablo Escobar’s Descendants Claim to Have Known Satoshi Nakamoto


Reports stemming from the financial columnist, Greg Thomson and the family of Pablo Escobar, claim the Escobar’s know the mysterious creator of Bitcoin. Allegedly, the notorious Escobar’s say that Satoshi Nakamoto was once known as a man named “Yasutaka Nakamoto.” On June...

Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors


Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox. The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation. “Our payment...

The 'ETH Is Used 440x More Than Bitcoin' Claim Is Not So Simple


While Ethereum (ETH) supporters are celebrating claims that "ETH is used 440x more than Bitcoin for transacting" and this proves that ether is money, other crypto industry players warn that it's not so simple. Adam Cochran, Partner at decentralized autonomous organization Metacartel...

Stablecoins Challenge Ethereum's Claim To Become Money


Though Etherem (ETH) has a "credible claim as money" within the Cryptosphere, stablecoins rise as its challengers, according to crypto market analysis firm Coin Metrics. That said, the growth of stablecoin is a good thing for Ethereum, at least for now. As reported, the stablecoin market...

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