• Bitcoin community figures have championed a petition asking Coinbase to prioritize SegWit implementation which has gathered over 5,000 signatures (at press time). ‘Your Customers Want This,’ Bitcoin Tells Coinbase Online trader Vortex among others urged users to sign the Change.org petition on social media, which requests that the US exchange treat SegWit as its next project. Previously, Coinbase had announced SegWit was third in its development queue, leading to criticism that users would continue paying

    Petition to Bring SegWit to Coinbase Nears 5000 Signatures

    | 2018/01/08 3:00 pm
  • The Bitcoin whitepaper was released back in 2008 by a person or group going by the name Satoshi Nakamoto. Today marks nine years since the Genesis block, the first block ever mined, was created. Happy Birthday! It’s been a long road, but the network is now nine years old. The first block, created by Bitcoin’s creator, was mined one January 3rd, 2009 at 6:15 PM UTC. When blocks are created, the miner who produces them

    Happy Birthday Bitcoin! Leading Cryptocurrency Turns Nine Today

    | 2018/01/03 4:00 pm
  • The New York Agreement, also known as Segwit2x, was planned for mid-November but was canceled in the weeks leading up. But just recently, the fork is set to launch again. The Resurrection The announcement was made on December 16th, with the fork date set for December 28th. Some Segwit2x futures markets are still live on some exchanges, and this attempts to finish the project that was started. HitBTC and YoBit are already supporting the fork,

    Back from the Dead – Segwit2x Fork Announced for Later This Week

    | 2017/12/27 4:30 am
  • Bitcoin.com owner Roger Ver has once again come under fire from his own alleged supporters on social media after making contentious statements. ‘I Suspect Andreas Is Pretty Happy’ Just weeks after Ver called Bitcoin (BTC) a “cripple coin” as its price hit $10,000, further comments on the r/btc subreddit, this time pertaining to Andreas Antonopoulos, have had a more marked impact. In a previous Twitter exchange, Ver had appeared to criticize the Bitcoin evangelist for

    Roger Ver: I Made Andreas Antonopoulos A Millionaire

    | 2017/12/18 3:30 am
  • There has been a lot of talk in the news recently about how much energy Bitcoin mining uses and its potential impact on the environment. Today we explore just how much energy Bitcoin mining really uses and 5 possible ways to reduce or offset its power consumption. In 2011, Google revealed that it used enough energy from fossil fuels to continuously power 200,000 homes, which is about one quarter the output of a nuclear power

    5 Ways to Solve the Bitcoin Mining Energy Crisis

    | 2017/12/11 7:45 pm
  • The Bitcoin wallet provided by Bitcoin.com is defaulting to Bitcoin clone Bitcoin Cash (BCH) instead of Bitcoin (BTC). Users sending Bitcoins to a BCH address could potentially lose their coins. The controversy was brought to light on a posting on Reddit’s /r/Bitcoin, where one user claimed that the Bitcoin.com wallet defaulting to a BCH wallet is a “scam”. The move is certainly confusing, as the Bitcoin.com wallet which defaults to Bitcoin Cash is called a

    Bait and Switch? Controversial Bitcoin.com Wallet Defaults to Bitcoin Cash

    | 2017/11/20 6:15 pm
  • 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