• In the wake of the DAO hack, which had dire implications for the Ethereum blockchain, multiple exchanges acknowledged the existence of new alternative tokens, Ether Classic, based on the original Ethereum code. Exchanges accepted the new “ETC.” Ultimately, Coinbase worked towards the same. That decision turned out to be costly, as the exchange found itself in the middle of the war between Ethereum and its “Classic” rival. Also read: Silk Road Auction Could Help Bitcoin

    Coinbase AMA: ‘ETC Was Replay Attacked on Coinbase’

    | 2016/08/11 2:09 pm
  • MIT’s Media Lab unveiled a vending machine that accepts bitcoin with a quirky twist — it was stocked solely with Soylent. Also read: Krypton Aims at More Secure Smart Contracts After Ethereum Fork Soylent and Bitcoin? A picture of the vending machine was tweeted out by MIT’s own Ethan Zuckerman last night. In it, you can see the machine was mostly empty aside from a few bottles of Soylent. The vending machine even comes equipped with

    This Bitcoin Vending Machine Is Sending Weird Signals About the Future

    | 2016/07/29 5:00 am
  • At the start of July, rumors of a “Terminator Plan” shook the Bitcoin community to its core, creating talk of mutiny among Chinese bitcoin miners, forcing Bitcoin Core out of the picture. Disclaimer: This article was provided by the Vanbex Group. Bitcoinist is not affiliated with the firms represented by the Vanbex Group and is not responsible for their products and/or serices. This dramatic addition to the long-running Bitcoin block size debate calls into question

    ‘Terminator Plan’ Calls Bitcoin Governance into Question

    | 2016/07/26 9:00 am
  • A new blockchain service, BitCluster, is making it easier for people to snoop through the Bitcoin blockchain in search of information they are trying to find. Also read: Technical Analysis: Bears Taking Hold of Bitcoin Price BitCluster: The Bitcoin Deanonymizer BitCluster claims to be the “Bitcoin Deanonymizer,” and according to the official site, it is an open source tool that analyzes all bitcoin transactions and regroups wallet addresses according to their incoming and outgoing transactions. This

    BitCluster Claims to Streamline Blockchain Data Mining

    | 2016/07/26 5:00 am
  • According to a new report from market research firm Counterpoint Research, Apple has dropped into fifth place in China’s smartphone market. Also read: New EU Cybersecurity Laws to Cover Online Banking, Markets Is the iPhone Trailing Behind its Competitors Because of Bitcoin? This news is a huge blow to the tech giant, as China represents Apple’s biggest customer base outside of the United States. Additionally, this news follows an earlier market report from the second

    Is Apple’s Attitude Towards Bitcoin Hurting Chinese iPhone Sales?

    | 2016/07/08 11:59 am
  • There have been some crazy things happening in the world of digital currency since our previous industry report. Is it possible that the identity of Satoshi Nakamoto has been revealed? Los Angeles is now home to some new Bitcoin ATMs, and BitPay has introduced us to a new kind of credit card. Take a look at some of this week’s headlines below: Editor’s note: Since press time on this article, news has emerged of Craig

    Industry Report: Dr. Satoshi, BitPay Launches Bitcoin Debit Card

    | 2016/05/06 6:00 am
  • The con is over. Dr. Craig Steven Wright will not provide proof he is Satoshi Nakamoto. While Gavin Andresen admits he might have been fooled, Jon Matonis stands behind Wright’s claim that he is Satoshi. Also read: Craig Wright Exits The Bitcoin Stage With Weird Blog Post There won't be an on-chain signing from early bitcoin blocks, but there also won't be another Satoshi. — Jon Matonis (@jonmatonis) May 5, 2016 Dr. Satoshi Exits the

    Post-Mortem Of A Con: To Be Satoshi Nakamoto or Not To Be?

    | 2016/05/06 12:00 am
  • Bitcoin community sleuths are already attempting to debunk the reported proof that Dr. Craig Wright is the creator of Bitcoin, the face behind the Satoshi Nakamoto moniker. Also read: New Ransomware Strains No Longer Want Your Bitcoin Early this morning the BBC published a report about Dr. Wright, which claimed that he provided “technical proof” of his Bitcoin creator identity. Giving a demonstration in London to BBC, The Economist, and GQ, Wright “digitally signed messages

    Skepticism Abound: Community Wary of Craig Wright Satoshi Claims

    | 2016/05/02 12:42 pm
  • The BitHope Foundation is the first Bulgarian non-governmental organization (NGO) that uses cryptocurrency exclusively. This foundation is reportedly the first crypto-exclusive NGO in compliance with Article 33 of the Law on Nonprofit Legal Entities. BitHope believes that cryptocurrencies are the best form of money “that has been created by the human intellect,” which is why it wants to use digital currency to help people. Also read: John McAfee: ‘There are Tremendous Technology Problems With Bitcoin’

    BitHope Speaks: Scalability and the Future of NGOs

    | 2016/03/08 6:00 am
  • There’s never been a whirlwind of politics surrounding an open source project on the scale that we see with Bitcoin. Alternative implementations are considered controversial on principle, and Core devs can’t propose a bug fix without being accused of manipulation on behalf of outside interests. However, BSD, another popular open source project, doesn’t seem to have these problems. Why not?  Also read: Ethereum Node Growth Explodes on “Homestead” Release At the same time, though, we’ve

    Bitcoin Devs Could Learn a Lot from BSD

    | 2016/03/06 6:00 am
  • Editor’s Note: This article has been modified to correct a misquote. This article originally quoted Brian Armstrong as saying that the Core team was a “Systematic” threat to Bitcoin, when he actually said Core was a “Systemic” threat. Coinbase CEO and co-founder Brian Armstrong recently published a Medium blog post titled, “What Happened At The Satoshi Roundtable.” In this post, Armstrong calls for an immediate block size increase to 2 MB, the creation of a new Bitcoin

    Coinbase CEO: Core Team is a “Systemic Threat”

    | 2016/03/04 6:03 pm
  • On February 29, BitGo engineer Jameson Lopp tweeted a screenshot of the /r/bitcoin front page, capturing ironic frustration coming from redditors posting on a board controlled by Theymos, notorious for censoring any anti-Core discussions about the Bitcoin block size. Also read: Bitcoin Classic Drama Hits New High, Debate Continues The top post on the screenshot was titled, “Is there a stress test going on right now?”, the user wondering if testing could be the cause

    Block Size Blues: Confirmation Times Rising as 1 MB Limit Looms

    | 2016/03/01 6:00 am
  • One week into their Initial Coin Offering (ICO) upcoming decentralized application platform Lisk reports that it has already raised over 1200 bitcoins, totaling around $500,000 USD. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not responsible for the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services. Lisk Funding Shows Very Promising Start The ICO began a week ago on February 22, 2016. Getting massive start by raising

    Lisk Raises $500,000 in First Week of ICO

    | 2016/02/29 4:00 pm
  • Bitcoin Classic has been a point of controversy since its announcement. Taking on Bitcoin Core head-to-head, Classic proposes an immediate block size increase to 2 MB, with provisions for future increases. The block size debate has always been contentious, apt to erupt into name-calling and mudslinging. But now, with Core facing serious competition from Classic, this scalability issue may soon be forced to come to a head. Also read: Bitcoinist Weekly News Re-Hash: Bitcoin Classic

    Bitcoin Classic Drama Hits New Highs, Debate Continues

    | 2016/02/29 12:15 pm
  • This past week saw a lot of hot news stories coming from the Bitcoin community and the organizations powering the growth of the ecosystem. Bitcoin Classic appeared in the news a few times throughout the week, reminding us that the block size debate is far from over. In terms of price, not much happened at the macro level. Hardly any change took place between the open and close of the week, with the price falling less

    Bitcoinist Weekly News Re-Hash: Bitcoin Classic Gaining Steam

    | 2016/02/29 6:00 am
  • Blockchain technology has a reaffirmed ally in the Hong Kong government. In the recent 2016 Hong Kong budget speech, Financial Secretary John Tsang spoke on many subjects close to the hearts of the Asian monetary center, including blockchain technology and the recent Mong Kong protest.  While the budget plan makes no explicit mention of Bitcoin, the vast majority of extant “blockchain technology” companies that are domiciled in Hong Kong work with the Bitcoin blockchain. The

    Hong Kong to “Explore the Application of Blockchain Technology in the Financial Services Industry”

    | 2016/02/25 7:00 am
  • The Vanbex Report is a periodic summary of the blockchain industry’s top news stories from the biggest companies, as well as the most promising newcomers. The ‘one currency to rule them all’ debate has existed ever since the first set of altcoins — Bitcoin alternatives — started appearing in the digital currency ecosystem. Also Read: IBM Joins with Linux Foundation’s HyperLedger Project to Advance Open-Source Blockchain Tech The typical argument ranges between the necessity, or

     The Vanbex Report: Digital Revolution, Will Bitcoin Survive?

    | 2016/02/24 4:00 pm
  • Lisk is a decentralized applications and sidechain platform that markets itself as an alternative to the highly popular Ethereum. Set to launch in late March 2016, Lisk is announcing a partnership with popular crypto exchange ShapeShift. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with Bitcoin PR Buzz nor the companies it represents. Bitcoinist is not responsible for the products and/or services of the companies represented by Bitcoin PR Buzz. 

    Lisk Announces ICO With ShapeShift, Dapps Made Easy

    | 2016/02/21 1:03 pm
  • Bitcoin exchange CCEDK and crypto community BeyondBitcoin.org have joined forces in the new ShareBits initiative, which aims to help individuals, businesses and NGOs use blockchain technology for viral online marketing.  Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not responsible for the products and/or services of the companies represented by this firm. ShareBits allows people and organizations to distribute crypto tokens on various social media platforms — such as Twitter and Reddit

    Online Marketing Made Fun With ShareBits

    | 2016/02/20 1:00 pm
  • Tokken (pronounced Token, or Tokin’) is a new Bitcoin company that is targeting the marijuana industry’s inability to get bank accounts. Tokken was founded by Lamine Zarrad, a veteran of the financial regulation industry. Namely, Zarrad has worked for the Office of the Comptroller of the Currency (OCC), which regulates and supervises the country’s thousands of banks and savings associations. With the recent promises that the Department of Justice will finally leave legal marijuana companies

    Tokken Puts the Legal Marijuana Industry on the Immutable Bitcoin Blockchain

    | 2016/02/16 9:56 pm
  • The problem I am observing lately is that there are many different markets by which I can earn bitcoin, yet there aren’t many who are willing to spend their bitcoin in these markets so it’s sometimes a desert for opportunities (I can find you a developer in “X” with less than 5 minutes of effort; try doing the reverse and finding that same said developer some work involving “X” for bitcoin; good luck).  It’s a shame

    Bitcoin Liquidity: Why Are we so Stingy?

    | 2016/02/16 8:00 am
  • Green candles dominated the charts for most of the week, as the bitcoin price climbed upwards towards $400. We finally broke that barrier late in the week, reaching $403.20 as it came to a close, making for a total gain of 7.22%. The week was also marked with some rather significant news. To name a few stories that broke this week: Valve may be accepting bitcoin in the near future, Coinbase adopted Bitcoin Classic, and

    Bitcoinist Weekly News Re-Hash: Valve Accepting Bitcoin, Antonin Scalia Dead

    | 2016/02/15 8:00 am
  • JP Morgan CEO Jamie Dimon is back in the Satoshi spotlight. Speaking during an appearance on CNBC’s coverage of the World Economic Forum meetings in Davos last month, Mr. Dimon once again pronounced his lack of faith in Bitcoin. Also read: Supreme Court Justice Antonin Scalia Deat at age 79 Jamie Dimon: Bitcoin Going Nowhere “Bitcoin the currency, I think, is going to go nowhere,” Dimon said, “And it’s not because of anything to do

    Jamie Dimon: Bitcoin Doomed While Blockchain Is for Real

    | 2016/02/14 4:00 pm