• Hours after Vitalik Buterin publicly commended Bitcoin Cash (BCH), its price dropped like a stone, now losing 70% of its $2400 highs. Oops: Buterin Sends ‘Congrats’ Before BCH Sheds 70% Bitcoin Cash, the highly controversial Bitcoin fork, has succeeded in reversing most of its meteoric price rise, languishing at under $1200 Monday. In Bitcoin terms, the altcoin has seen almost 70% of its trading value wiped since an investment wave caused the surge late last

    BCRASH: Bitcoin Cash Flatlines As Losses Total 70%, Bitcoin Gains

    | 2017/11/13 4:00 am
  • The Bitcoin price dropped over $700 Friday as investors show new enthusiasm for rival altcoin Bitcoin Cash (BCH). Bitcoin Classic: Bitcoin Cash ‘Will Be Bitcoin In 6 Months’ In the days since the cancellation of the SegWit2x hard fork, the original Bitcoin chain (BTC) price fell to around $6500 from its all-time highs around $7800. As investors realized they would not be able to profit from ‘free’ SegWit2x balances, attention turned to BCH as developers

    Bitcoin Price Falls $1200 As Bitcoin Cash Steals Fork Limelight

    | 2017/11/10 3:40 pm
  • Bram Cohen, creator of the famous but faltering BitTorrent, has announced he is a step closer to “solving Bitcoin’s centralization.” Cohen: Chia Has Had ‘Very Hot’ Seed Investment Speaking to technology industry magazine TechCrunch, Cohen said the Chia Network, his long-hinted Bitcoin alternative, could launch by late 2018. Some coverage of my new venture https://t.co/tCER6YKn5R — Bram Cohen (@bramcohen) November 8, 2017 A “very hot” seed investment round has enabled the project to get off

    BitTorrent Creator Looks To Launch Bitcoin Rival Chia in 2018

    | 2017/11/10 3:00 am
  • SegWit2x ‘FUD’ is already surfacing as some industry players react in unusual ways to the death of the Bitcoin hard fork. Ver Forces 100% Bitcoin Cash On Bitcoin.com The multitude of anti-2x businesses and other entities celebrated developers cancelling SegWit2x Wednesday, urging faster adoption of existing SegWit for Bitcoin. Of those supportive of hard forks, however, some have expanded on their allegiance and vowed not to give in to a Bitcoin core-dominated future. Chief among

    Ghost In The Machine? Hard Forks Live On For Bitcoin.com & BitPico

    | 2017/11/09 7:00 am
  • Serial investor, Bitcoin holder and Tezos advisor Tim Draper says fiat currency will be “laughable” within just five years. Cryptocurrency Will Be ‘So Relevant’ In 5 Years In comments to Forbes at the WebSummit 2017 conference in Lisbon, Draper, who purchased bitcoins in the Silk Road auctions now worth over $200 million, said people who use fiat in 2022 will find people ridiculing them. “In five years, if you try to use fiat currency they

    Tim Draper: People Will ‘Laugh At You’ For Using Fiat By 2022

    | 2017/11/08 9:30 am
  • Blockchain, cryptocurrency and smart contracts pioneer Nick Szabo has become the latest high-profile figure to declare his opposition to SegWit2x. Nick ‘No2X’ Szabo Highlights Lack of Replay Protection In typically understated fashion, Szabo added the increasingly widespread [No2X] label to his Twitter profile this week. Looks like @NickSzabo4 has added the #NO2X tag to his twitter name :) Thanks Nick for showing people the way! — Vortex [#NO2X] (@theonevortex) November 8, 2017 As one of

    Bitcoin Pioneer Nick Szabo Declares Opposition to SegWit2x

    | 2017/11/08 4:07 am
  • Major Bitcoin and altcoin exchange Bittrex has released a key statement on its treatment of the SegWit2x hard fork. Bittrex: Bitcoin is BTC Until ‘Clear Chain Preference’ In explanatory comments today, Bittrex announced it would adopt a more conservative approach and refer to the Bitcoin core chain as ‘Bitcoin’ “until the industry and ecosystem demonstrates a clear chain preference.” The exchange joins the increasing number of major cryptocurrency businesses taking an official stance on SegWit2x.

    Bittrex on SegWit2x: We Need ‘Clear Chain Preference’ From Industry

    | 2017/11/07 10:45 am
  • Chairman Emeritus of CMEGroup Leo Melamed has said Bitcoin will become a brand new asset class – not a currency. CMEGroup ‘Will Make Bitcoin Not Wild, Nor Wilder’ As Reuters reports Tuesday quoting the veteran financier, regulated Bitcoin trading CME announced last week will make it “not wild, nor wilder” for institutional investors. “We’ll tame it into a regular type instrument of trade with rules,” he told the publication. Bitcoin has surged in value following

    CMEGroup Chairman Emeritus Heralds Bitcoin As New Asset Class

    | 2017/11/07 6:30 am
  • The co-owner of Bitcoin.org and Bitcointalk has said he will support a new Bitcoin proof-of-work (PoW) chain after SegWit2x – even if the Core chain survives. ‘Prepare To Support 3 Forks’ In a Medium post on Sunday, Cobra explained that the community should unite to defeat the SegWit2x “abomination” but should be open to supporting any chain later this month. “The market and exchanges should be prepared to support three different forks of Bitcoin this

    Bitcoin.org Co-Owner: I Will Support New PoW Fork After SegWit2x

    | 2017/11/06 4:15 pm
  • Swedish musician Bjork has become the latest celebrity personality to endorse Blockchain, teaming up with a UK startup to deal in cryptocurrency. Bjork Fans Get 100 free AudioCoin As industry magazine Musically reported late last week, Bjork will use Blockpool to offer her latest album for Bitcoin, Litecoin, DASH, and AudioCoin. The latter represents the start of a longer-term foray into crypto for Bjork, who hopes to use an AudioCoin giveaway to introduce fans to the

    Bjork Partners With Blockpool On Album Release But Skepticism Remains

    | 2017/11/06 4:00 pm
  • Stunning investors and Bitcoin enthusiasts, both Bitcoin and US stock market values hit all-time highs for two consecutive weeks. On October 20, 2017, Bitcoin’s price punctured the $6,000 USD mark. Simultaneously, the Dow Jones Industrial Average set a new record high of more than 23,328 points. Impressive Record-Setting Two Weeks for Bitcoin and Global Stock Markets For two weeks in a row, both the US stock market and Bitcoin’s price, almost in sync, displayed spectacularly

    Bitcoin and Stock Markets Hit All-Time Record Highs for 2nd Week in a Row

    | 2017/10/21 4:00 pm
  • Many metrics were proclaiming Bitcoin price to already reach an all-time high. Bitstamp, Coindesk and even mainstream avenues like Business Insider were quick to jump the gun. Early Friday morning, Bitcoin cleared the last hurdle and set a new all-time record, passing $1,200 USD. Bitcoin Price Hits New All-Time-High! You see, I was waiting for Bitcoin to officially pass the all-time mark within BitcoinAverage.com’s charts, since they have been following the price in their system since

    YES! Bitcoin Price Easily Sets New All-Time High; Passes $1,200

    | 2017/02/24 12:00 am
  • Late on Tuesday, I received a very sad email from Gavin Stevens, founder of Solid Cloud, and creator of Bitphone, the first-ever encrypted, Bitcoin-accepting online video calling service. Also read: 12 YEAR OLD ‘DISRUPTS LONDON’ WITH VIRTUAL CURRENCY FOR KIDS The contents were sad, but the tone was not of remorse, but of anger and frustration. They had contacted me, as a Bitphone user on their list, to alert me that they were shutting their

    Bitphone, The World’s First Encrypted Skype Competitor, Closes Down

    | 2016/12/07 3:00 am
  • Changelly, a cryptocurrency exchange, is part of a growing movement to enable easier access and informative decisions for new users to trade altcoins. Also read: Bitcoin Price Activity Hints and Pending Growth in Stability Changelly Taps CoinGecko & CoinMarketCap Changelly providers CoinGecko and CoinMarketCap users with an option to instantly buy a cryptocurrency without leaving their websites. Each crypto page on these platforms has its own quick Changelly button “Buy/sell instanly” Coingecko and CMC users with an option to instantly buy

    Changelly Boosts Altcoin Trading with ‘Best Rate’ Tools

    | 2016/12/02 3:46 am
  • Bitcoin wallet and security solutions provider Airbitz recently announced a partnership with WINGS to integrate Airbitz’s Edge Security login to decentralize private key security and help make DAOs accessible to a wider development community. Also read: Gamerholic Launches Steemit-Like Social Media Platform for Gamers Airbitz and WINGS Partner to Secure the New DAO Through the partnership, WINGS will implement sound processes for private key management, in turn making DAO participant actions more frictionless and overall increasingly secure. Airbitz’s blockchain-inspired, zero-knowledge

    AirBitz and WINGS Partnership Secures Future of DAOs

    | 2016/11/02 2:33 pm
  • There’s been no official statements as of yet – but it looks like the Mycelium Wallet will be getting built-in peer-to-peer bitcoin mixing/tumbling later this year.  The first testnet transaction from devs went out four days ago, and discussion on internal channels confirms that they’re working on integrating P2P tumbling into their popular Android wallet. Read also: Comedy Tor Forks Emerge In Response to Appelbaum Scandal P2P Tumbling In Mycelium Pipeline As for details, so

    Mycelium May Roll out P2P Tumbling Soon

    | 2016/08/19 8:21 pm
  •   Depending on your perspective and personal political leanings, the heading and course of the Tor Foundation since the ousting of Jacob Appelbaum can be characterised anywhere from “chaotic” to “unmitigated shit-show.” Highlights include A smear Campaign levelled at the former project head, controversial restructuring, an exodus of key volunteers, and a marked increase in focus on identity politics within the Foundation’s ranks. As expected, the masses have responded with that familiar vitriol and lack

    Comedy Forks of Tor Emerge in response to Foundation Drama

    | 2016/08/19 2:02 am
  • In the National Lifestyle Villages in Busselton, Australia, a group of homes are experimenting with selling excess solar energy over the blockchain. Also read: Industry Report: Moscow Gets its First Bitcoin Exchange Experimenting with Solar Power The Australian-based start-up, Power Ledger, is conducting the experiment that will last for 8 weeks. With the help of another Australian-based start-up, Ledger Assets, the company will be running a trial on Peer-to-peer energy markets that will allow 10 homes to figure

    Australian Neighborhood Selling Solar Energy with Blockchain Tech

    | 2016/08/18 11:31 pm
  • Ransomware is now becoming standardized to create a lucrative business model, ransomware as a service for amateur hackers. Also read: OXBTC Releases New BTC/ETH Cloudhash Hosting Services Ransomware as a Service Developers of the crypto-ransomware tool, Cerber, have set up a RaaS (Ransomware as a Service) platform for amateur threat actors that could end up bringing in some big money by distributing their tool to a network of affiliates. The business technique could end up

    Ransomware as a Service is Bringing In Some Serious Money

    | 2016/08/18 12:43 am
  • As the UK parliament is on the precipice of passing a new surveillance bill into law, one British engineer is trying to halt its progress through an anonymizing system that runs on top of the Tor anonymity network. Also read: Blockstream Welcomes New Members to Their Team, Hires On Christian Decker OnionDSL: The Tor-based ISP British lawmakers are on the verge of passing a new law that expands the government’s ability to snoop on its citizens, and

    Network Engineer Tries to Thwart UK Bill That Plans to Expand Surveillance State

    | 2016/08/13 9:53 pm
  • Prominent Bitcoin enthusiast and proposer of ‘duplex micropayment channels,’ Christian Decker, announced on Twitter today that he will be joining the Blockstream team to work on L2 protocols. Decker Joins Blockstream to Work on Lightning Network According to Blockstream’s official blog, Decker was hired on to bring his expertise and talent to the company’s current research on lightning networks. While pursuing this line of work he will be joined by Blockstream developer, Rusty Russell, who has

    Blockstream Welcomes New Members to Their Team, Hires On Christian Decker

    | 2016/08/13 6:06 pm
  • A new report, commissioned by the Dutch government, shows that online drug markets have grown since 2013 despite an uptick in major crackdowns since that time. Also read: Technical Analysis: Correction Over, Time For Bitcoin Price to Skyrocket Global Drug Dealers Raking in Millions on the Dark Net The report was requested by the Netherlands government to determine how drug markets have fared in the years after Silk Road’s demise. Unfortunately for authorities, the report seems to suggest

    New Research Shows Dark Net Markets Are Growing

    | 2016/08/11 9:32 pm
  • The enterprise software company, Chain inc. or “Chain” for short, has announced a partnership with the Initiative for Cryptocurrency and Contracts (IC3). Chain works together with financial companies to help develop blockchain infrastructures for blockchain-based business solutions. Also read: Coinbase AMA: ‘ETC Was Replay Attacked on Coinbase’ .According to Chain’s press release, the partnership between Chain and IC3 underscores Chain’s commitment to creating interoperable software that is scalable across the financial services industry. IC3 is

    Chain Inc. Announces Partnership with the Initiative for Cryptocurrency and Contracts

    | 2016/08/11 5:25 pm