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Bitcoin Gold enthusiasts scammed

21 November 2017 21:00, UTC

Hacks, hacks, hacks. This is the downside of the market at its initial stages — the technology is still new, the people who are involved in cryptocurrency projects and businesses often pay not as much attention to security as they should. Yet another hack recently happened with Mybtgwallet — as one can easily guess, a service that gives users an opportunity to open a Bitcoin Gold wallet and store this cryptocurrency on it.

Bitcoin Gold is a very new digital currency that is focused on miners who lack ASICs, or on those who still prefer to mine coins with a single powerful video card, just the way it was several years ago with the original Bitcoin. It has not become a dangerous rival for Bitcoin or Bitcoin Cash, however, at the press time being the 1020th on Coinmarketcap.

What is interesting here is that the group of hack victims communicating on Slack who want to combine their efforts and file reports to the FBI considers the team of Bitcoin Gold guilty of inaction and even in aiding hackers to some extent. They explain their radical position with the strange actions of John Dass and other members of the BTG team. At first J.D. and the BTG team supported each other, but since then the Bitcoin Gold managers started to disavow connections with that man supposedly involved in the theft. There are even rumors on the Russian altcoin sites that the BTG devs threatened to sanction those who tells the media about all this.