Monthly Archives: April 2017

PokerStars NJSCOOP Guarantees $1.2 Million in Prize Money, Biggest Online Series in New Jersey History

The PokerStars NJSCOOP (Spring Championship of Online Poker) series will have at least $1.2 million in prize pool money awarded. New Jersey online poker players have never competed in a […]

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Bitcoin’s real vulnerabilities not always what they seem

Bitcoin’s growth potential continues to be threatened by sensationalist headlines that mislead readers into seeing vulnerabilities where none exist, or at least, don’t exist where the authors of those headlines would have you believe.

On Thursday, News.bitcoin.com posted an article about a new paper by researchers at ETH Zurich and Hebrew University which claimed to have exposed methods by which Bitcoin could be ‘hijacked’. The article’s clickbait headline: “Research shows how Bitcoin can be attacked via internet routing infrastructure.”

Without getting too deep into the technical weeds, this Coingeek.com article does a nice job of pointing out the inherent fallacies of the study, as well as the fact that the aforementioned vulnerabilities only apply to Bitcoin transactions performed via the Bitcoin Core group’s SegWit sidechain dongle, as regular Bitcoin transactions don’t require the user to go through an online wallet.

The ongoing schism between the Bitcoin Core and Bitcoin Unlimited camps shows no sign of abating, leading one observer to pen an op-ed on Coindesk lamenting the “civil war” engulfing the Bitcoin world.

Baha Mar finally opens doors but not without one last controversy

At long last, the Baha Mar resort casino in the Bahamas has opened its doors, but not before one last scandal hit the press.

Friday saw the soft opening of the first phase of Baha Mar, two-and-a-half years after its originally scheduled opening and over six years since construction first began on the $4.2b resort, the largest gaming project ever attempted in the Caribbean.

Baha Mar’s website is now officially accepting reservations for rooms at its Grand Hyatt hotel, although it won’t actually be accepting paying guests until May 29. Until then, only invited VIPs, media members, travel agents and a few fortunate locals will be checking out Baha Mar’s rooms. Baha Mar’s casino, golf course, spa and five bars and restaurants are also open.

Various dignitaries, including Prime Minister Perry Christie, were on hand for Friday’s ribbon-cutting ceremony. Christie earned an early nod for understatement of the year by referring to Baha Mar’s “tumultuous” path to this date, and felt the need to add that the opening was “not a mirage.”