Happy New Year From the Crypto Compare Team!
Bitcoin Foundation Issues Unresolved
The Bitcoin Foundation is facing issues with respect to funding. The organisation has burnt through over $7 million of cash in the past two years with its goal of promoting Bitcoin. Whilst there are voices calling for more funding to be raised - some board members - Jim Harper of the Cato Institute in particular - has questioned the the necessity of the institution altogether.
BTCC Faces a Strange DDOS Attack
BTCC has fallen victim to set of DDOS attacks that managed to put the site offline for a small period of time. The series of attacks escalated with both BTCC upgrading their mitigation services and the attacker upgrading their attack capabilities. Although the ransom notes became comical to a certain extent as seen below BTCC remained stoic showed competency in its ability to keep the site running:
"We will keep these attacks up until you pay! The price is now 30 BTC. You had better pay up before you go bankrupt! Mwa ha ha!"
"Hey, guys, look, I'm really a nice person. I don't want to put you all out of business. What do you say we just make it 0.5 BTC and call it even?"
Factoids Social
Twitter followers are gradually increasing for Factoids FCT.
