The Bitfinex Hack

The Bitfinex Hack: How’d it happen? By now, most of you have already heard of the Bitfinex hack. If you haven’t, here’s some background- on August 2nd, 2016, nearly 120,000 Bitcoins were stolen from the site (at the time, 95 Million USD). Trading was halted later that day, and panic ensued. This, […]

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Bitcoin & Climate Change

Bitcoin’s decentralized nature can in part be ascribed to the fact that it’s not released to the market through a central institution or procedure. Bitcoin was a first in successfully implementing a “mining technology” for digital currency distribution. Nowadays, bitcoin mining networks consists of the strongest computing network in the […]

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