Popular exchange Bter recently suffered a hack that resulted in more than 51 million NXT being stolen from the exchange, at the time worth more than USD $1.7 Million. This brought up the question: much manipulation of the blockchain is acceptable? While Bter managed to negotiate most of the NXT back into its possession, before that happened the NXT community was presented with a choice: Change the blockchain to reverse the hack and save Bter and the 51 million NXT or allow the transaction to remain and preserve the integrity of the blockchain. They overwhelmingly decided against changing the blockchain. …
Bitcoin Center NYC, the city's only brick-and-mortar institution dedicated to the further adoption of Bitcoin, announced today that it will host the first ever VeriCoin party on Monday, July 28. As home base for all things digital currency, Bitcoin Center NYC is delighted to celebrate the success of VeriCoin with its dynamic community of supporters. About VeriCoin VeriCoin is a proof-of-stake altcoin that represents an innovative approach to gaining merchant acceptance in the digital currency realm. Since its launch in May of this year, VeriCoin has experienced traction in fortifying merchant willingness to accept the digital currency and facilitating seamless …