Author: Steven Saxton

Men In Black

The return of Preet Bharara and the men in black 3 Comments

Manhattan US Attorney Preet Bharara is back and more aggressive than ever and warned at an NYU event that there are “people who want to kill everyone in this room [...] In addition to all these people who for legitimate privacy reasons that all in good faith want to keep their messaging private […] There are also people who want to bring buildings down. There are people who want to destroy Ame...


Out of the bag.

Something is out of the bag at Cryptsy 3 Comments

On January 14th, Cryptsy made a blog post explaining it's present situation and problems with the exchange. The posts states they finally want to let everyone know what these problems stem from. They were not because of any recent phishing attacks, or even a DDoS attack, nor does it have anything to do personal issues. The post explains that a person claiming to want to resurrect an un-maintain...


Cryptsy hacked!!...???

Cryptsy alleges security breach and freezes trading and withdrawals 1 Comment

Troubling times and riled up masses are at cryptocurrency exchange, Cryptsy.com. The angry customers are circling, and it only takes a moment to see why! As of 9 pm MST on 1/12/2016, according to JShock (Cryptsy Admin) all withdrawals have been frozen. This was followed up with a series of notices by NerdLifeLabs (Crptsy moderator) that all withdrawals are paused for security reasons, and possible...


Gox'ed?

Will The Bitcoin Term “Gox’ed “ Be Re-Coined After Prosecution Rests? 2 Comments

Bitcoin has brought with it a plethora of new terminology. Not too long ago, when someone said “hash”, mathematics was not the first thought to enter most people’s minds. The collapse of Mt. Gox in 2014 brought about the term “Gox’ed”. Millions of dollars’ worth of Bitcoin (not so?) magically disappearing and reappearing in “old wallets” enraged thousands of people. Protect...


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Litecoin In The Limelight Again No Comments

Litecoin is often referred to as the silver to Bitcoin's gold. It is one of the oldest and most successful digital currencies. Litecoin had historically been second in market capitalization to Bitcoin and is still now third, behind Ripple. Litecoin was released October 7, 2011 by Charles Lee, a former Google employee using the scrypt algorithm. Legions of Litecoin hard-core miners, armed ...


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[email protected] / FoldingCoin Mining for Medical Cures Part 2 No Comments

In part one of this article, [email protected] network was explained and the ease in which you can contribute to scientific research, finding medical cures by simulation protein folding. In part 2, FoldingCoin (FLDC) will be introduced... FoldingCoin is a token reward for people contributing their extra computer power to the Stanford University School of Medicine's [email protected] network. If con...


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[email protected] / FoldingCoin Mining For Medical Cures Part 1 1 Comment

[email protected] is a long running project launched in 2000 by Stanford University which allows anyone with spare CPU or GPU cycles to simulate protein folding. “Fold” is the process by which proteins assemble themselves. If scientist can better understand folding through simulations they can design better therapies and drugs for many illnesses. "Protein Folding” is the process by which a pro...


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