• The Bitcoin Wizard on the Wall Street Journal is a crowdsourced attempt to place a Bitcoin advert in the newspaper, calling itself an ITO or Initial Troll Offering. The Bitcoin wizard, a crude MSPaint advertisement used to promote the Reddit subforum /r/Bitcoin is seeing a crowdsourced attempt to place it in the Wall Street Journal. The move is planned to be the first of many promotional attempts to troll high profile institutions. The ITO Whitepaper

    Reddit Bitcoin Wizard Set To Get Own Wall Street Journal Ad

    | 2017/11/16 10:15 am
  • A “malicious fork” of Bitcoin Cash has resulted in an increasingly bizarre social media war between the old and new chains. A New Bitcoin Clash Classic Is Born? Bitcoin Cash, just days after hitting record highs and plunging by 70%, now consists of the new ‘Bitcoin Cash’ chain and the legacy chain calling itself ‘Bitcoin Clashic.’ As Bitmain CEO Jihan Wu warned of a block mined under old protocol after BCH’s rules update November 13,

    Bitcoin Clashic? Bitcoin Cash ‘Malicious Fork’ Turns Weird

    | 2017/11/15 10:00 am
  • The Bitcoin-focused subreddit /r/Bitcoin reached 400,000 subscribers on the 9th of November this year. The subreddit /r/Bitcoin marked the occasion of reaching their 400,00th subscriber by posting a gif animation of their Reddit wide advert featuring a blue hatted wizard, one hand raised containing what could be a fireball, and the other holding a staff with a Bitcoin at the top. The ad, done in the crude style associated with MSpaint proclaims Bitcoin as magic

    /r/Bitcoin Reaches 400,000 Subscribers

    | 2017/11/09 10:30 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
  • After months of discussions, debate and chaos in the bitcoin community, supporters of the controversial SegWit2X hard fork have just announced that the split will be suspended and put on hold. SegWit2X – Suspended Key influential supporters of the SegWit2X contentious hard fork have just released a joint statement, announcing the immediate suspension of the planned fork mid-November. The reason behind this is the lack of sufficient consensus behind the fork – both supporters and

    BREAKING: SegWit2X Fork Suspended

    | 2017/11/08 1:15 pm
  • 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
  • Bitcoinist spoke with Cryptograffiti, who runs one of the most popular crypto art design and merchandise companies in the space under the same name. Cryptograffiti reveals what is the most popular design and explains why art is so important in educating the public even in a hi-tech field like Bitcoin.  Bitcoinist: First, do I refer to you as Cryptograffiti or do you have a name? Cryptograffiti (CG): Cryptograffiti works! Bitcoinist: How did you first get into

    ‘You Can Buy a Fraction of a Bitcoin’ Has Started The Most Conversations – Cryptograffiti

    | 2017/11/03 7:00 am
  • Segregated Witness, or Segwit, has finally been activated by a super majority of the current hashpower on the Bitcoin network. Segwit fixes many bugs currently in the protocol, and allows for some scaling using an effective blocksize increase. Almost two years of debate In December of 2015, the source code for Segregated Witness (Segwit) was released. It was meant as a fix for the ever-problematic transaction malleability bug, which allowed for someone to change one

    Segwit Activated: How it Works & What’s Next for Bitcoin

    | 2017/08/25 4:00 am
  • The meeting over, Griff went back to his desk to find his messaging app urgently blinking. He cast his eyes cautiously around at his colleagues. The company he founded, Giveth, was a blockchain startup, creating a transparent accounting system for charities: hashtag, making the world a better place. He smiled. Everyone was occupied in their own thoughts. He clicked the flashing icon. “Something big going down. Vulnerability in Parity wallet. $32m already gone.” …He stood

    Achieving Parity (or How to Save $85M in Your White Hat)

    | 2017/07/27 4:30 am
  • After months of disagreement and internal debate, the Bitcoin Network will finally implement a scaling solution; BIP91 has just locked in, meaning that the activation of SegWit will be imminent. BIP91 Locks In The lock in of the BIP91 proposal means that as long as 51% of the network hash power continues to mine blocks that support SegWit, the protocol will activate and there will be no risk of a major chain split. BIP91 is

    BIP91 Locks In – Renewed Optimism Rockets Bitcoin to Over $2900

    | 2017/07/20 8:08 pm
  • Blockchain industry executives and experts reveal how blockchain technology can affect our everyday lives ten years from now. How will the blockchain change our everyday lives in 2027? If you’re into crypto, then you’re probably aware of how it is changing your quotidian. For starters, you’re probably checking price charts every so often. But other than that, blockchain technology is slowly creeping into our everyday lives and becoming a vital piece of it. From online

    Industry View: How Will The Blockchain Change Our Lives in 2027?

    | 2017/07/19 10:00 am
  • The increasing number mining pool support for BIP91 and SegWit has pushed bitcoin price upwards as a split seems to have been avoided. Disaster Averted So it looks like disaster averted, or at the very least postponed. We’ve had what seemed like an eternity of discussion, with no sign of a consensus looming. But now it looks like the battle for Bitcoin’s (immediate) future, has been won within hours of the first shots being taken.

    Bitcoin Price Soars as Miners Signal Upgrade to Avoid Schism

    | 2017/07/19 5:00 am
  • John McAfee has announced the launch of McAfee coin and its ICO while predicting that Bitcoin will skyrocket to millions per coin. John McAfee Announces MCF Despite the recent downturn in the cryptocurrency markets, the Initial Coin Offering (ICO) frenzy seems far from over, as new projects continue to pop up. Most recently, a familiar name has appeared among these blockchain-based projects, one that has turned heads in the space: McAfee Coin. John McAfee, a

    John McAfee Bets Bitcoin Will ‘Move Above $500K Within 3 Years’

    | 2017/07/18 6:30 am
  • BIP91 blocks have been successfully mined by BiXin and Antpool helping to allay fears that Bitcoin could split in the face of incompatibility between rival Segwit2x and BIP148 implementations. BIP91 (or Bitcoin Improvement Proposal 91) is the work of software engineer James Hilliard, it addresses incompatibilities between the competing SegWit2x and BIP148 protocols. Both bring SegWit to Bitcoin, except that SegWit2x refuses communication with BIP148, which would effectively cause Bitcoin to split in two. What’s

    The Biggest Mining Pool is Now Signaling to Keep Bitcoin Whole

    | 2017/07/17 11:00 am
  • A massive sell off of Bitcoin and other cryptocurrencies has resulted in the total market cap of the cryptocurrency market dropping to below $66 billion. The decrease marks a 43% decline from this year’s record-setting high of $116 billion back in late May. Market Thrown into a Tailspin With the market cap in a nosedive and Bitcoin prices seeming to drop almost daily, the past two weeks have been a stomach churning roller coaster ride

    Bitcoin Price Drops Below $2000, First Time Since May

    | 2017/07/16 11:45 pm
  • In a blog post on July 13, GDAX announced it will temporarily suspend Bitcoin transactions if a soft fork is activated on August 1. Tension is ratcheting up as the August 1 deadline for the BIP148 User Activated Soft Fork (UASF) approaches. Prices have already slumped in anticipation of a major market disruption, and most blogs have urged users to start protecting their Bitcoins in private wallets. The soft fork on August 1 may result

    GDAX to Suspend Bitcoin Transactions if UASF Activates

    | 2017/07/16 2:00 am
  • Just when you thought ICOs were the easiest way to gather funds to come to the cryptosphere, along comes “Bitcoin Sign Guy” to prove us all wrong. ‘Bitcoin Sign Guy’ Becomes Instant Legend The cryptocurrency world was amazed as a man held a “Buy Bitcoin” sign for the cameras during Federal Reserve chairwoman Janet Yellen’s appearance before the Congressional committee on Wednesday. The attendee and the person he was with were later asked to leave

    ‘Bitcoin Sign Guy’ Receives Over $15,000 in Bitcoin for Janet Yellen Photobomb

    | 2017/07/14 9:00 am
  • Yesterday, the testnet for the most recent Bitcoin scaling proposal, Segwit2x, experienced a fork in the chain, causing the creation of new blocks to halt completely for just around twenty hours. What is Segwit2x? The controversial change to the protocol calls for activation of segregated witness with signaling from 80% of the hash rate with a hardfork to raise the blocksize parameter to 2 MB scheduled for three months after activation. This compromise comes after

    Segwit2x Testnet Unintentionally Forks, Prevents Blocks From Being Created

    | 2017/07/11 11:30 pm
  • Self-proclaimed Bitcoin creator Craig Wright announced that his company nChain will form an non-segwit Bitcoin pool, promising to retain 20% of the Bitcoin network. Craig Wright: ‘Our Pool Will Reject Segwit’ The announcement was made today at The Future of Bitcoin conference sponsored by Bitcoin Unlimited and Bitmain. The event is being held in Arnhem, the Netherlands, which will run from June 30 to July 1. The seemingly unhinged Wright made his non-segwit pool announcement during a

    Self-Proclaimed Bitcoin Creator Craig Wright Declares War on Segwit

    | 2017/06/30 9:00 am
  • The New York Agreement, also known as Segwit2x, is finally being signaled by the boasted 80+% of the hash power that has agreed to it. This compromise will hopefully bring an end to the years of debate over which path is the best to scale Bitcoin. The Compromise As many of our readers may know, an agreement was reached last month between many of the most prominent mining pools in Bitcoin to finally end the

    Growing Support for Segwit2x Amid BIP 148 UASF Concerns

    | 2017/06/24 5:30 pm
  • As SegWit2x gains over 80% hash rate support, a developer has pronounced the Bitcoin user-activated soft fork (UASF) “dead.” Silbert Agreement Sucked Support From UASF In a Medium post published yesterday, HiddenWallet creator known as nopara73 said that the scaling move, also known by its Bitcoin Improvement Protocol number BIP148, was “still winning in a strange way.” I just published “UASF Is Winning The Chicken Game, But Not The Way Its Supporters Expected” https://t.co/M1qwIdcAT4 —

    ‘Chicken Game’: Reality Comes Home To Roost For UASF Supporters

    | 2017/06/21 3:00 am
  • Antpool mined its first SegWit2x block today, signaling approval for the implementation of the SegWit scaling proposal and a hard-fork to double the block size. Antpool Goes SegWit Antpool, the biggest mining pool in the Bitcoin ecosystem with over 14% of the global hashrate, has mined its first SegWit2x block today, signaling approval for the ambitious scaling agreement that seeks to implement the SegWit soft fork and a subsequent hard fork to increase block size capacity to 2MB.

    Antpool Mines Its First SegWit2x Block

    | 2017/06/19 9:00 am
  • Though a Bitcoin scaling agreement was reached at the recent Consensus conference in New York, many companies are increasingly supporting a User-Activated Soft Fork (UASF)  as a means to activate SegWit. UASF Still on the Table Although reports have stated that the Bitcoin scaling debate may be coming to an end due to what has been known as the ‘Barry Silbert Agreement,’ recent developments indicate that it may still be far from over, leaving other options like the

    UASF Continues to Gain Support as ‘Secret’ SegWit2x Roadmap Revealed

    | 2017/05/30 10:30 am