The altcoin exchange mcxNOW will shutter once again with the site expected to go down for maintenance beginning November 15, 2014. As mcxNOW intend to destroy all wallet backups, users of the website will need to withdraw their coins or risk losing them permanently. Continue reading
Category Archives: Altcoins
Moopay Goes From Robusto To Busto
Moopay, which owns and runs Moolah.io, are insolvent and will enter into liquidation after it was revealed that a bug allowed attackers to withdraw double the amount they had deposited. At this time, there is no record of any Moopay details in the bankruptcy and insolvency register used in the UK although it's reasonable to expect that the details have yet to be entered. Continue reading
Dogecoin Facebook Contributor to Jail
After the other events of this week rocking Dogecoin, a contributor to the official Dogecoin Facebook page will be going to jail for financial crimes he admits to committing between 2008 and 2011. His post announcing this news is below: Continue reading
The Fall of Moolah.io
Moolah was a CryptoCurrency web wallet and financial platform that aimed to simplify CryptoCurrency payments. The service was presumably launched by Alex Green in January 2014. Moolah is backed by Moopay LTD, the company behind all of the Moolah services. It was owned by the reddit user moolah_, and had 59,689 followers. Continue reading
Justcoin Wounded by Ripple Flaw
Justcoin CTO Andreas Brekken documented on his blog a flaw in the official Ripple gateway implementation wherein transactions may be credited for amounts far greater than the actual amount actually transacted. Justcoin customer balances are affected based on customer reports of an email sent by Justcoin. The culprit in the case is a transaction flag called tfPartialPayment which the Ripple wiki described thusly in older revisions: Continue reading
Darkcoin: Value Drops while going Open Source
On Monday Darkcoin was finally open sourced and its value plunged. This isn't the first sense defying price movement in Darkcoin's history, the coin rallied on the eve of a hard fork that introduced "master nodes" onto their not entirely open sourced coin's network. Completely befuddling phenomena surrounding DarkCoin include important questions such as: Continue reading