• SportyFi announces that an alpha version of the blockchain-based, sports ecosystem platform is now available for internal testing and that a public version will be out by the end of the year. [Note: This is a sponsored article.] It takes a lot of hard work to turn a dream into a reality, which is something that every young athlete is aware of. Of course, they also face significant financial hurdles as well as training, equipment,

    Alpha Version of SportyFi Now Undergoing Internal Testing

    | 2017/11/21 5:15 pm
  • BitPay CEO Tony Gallippi has received widespread condemnation after complaining non-SegWit Bitcoin fees were too high. Newbery: Customers Should Vote With Their Feet In a series of tweets, Gallippi, whose payment provider is yet to implement SegWit, implied Bitcoin was unspendable by over half of wallets. He had used a fee estimate “20x too high,” responses then retorted, with engineer John Newbery pointing out that fees for three previous blocks were 22 satoshis/ byte or

    SegWit, Tony? BitPay CEO’s Fee Estimates ’20x Too High’

    | 2017/11/17 6:00 am
  • 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
  • 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
  • The Mule Tools code collection on Github is set to develop new ways to transact Bitcoin including via Fax, Morse Code, and chat applications. Developed tools stand to be incorporated into the Samourai wallet. Inspired by the blockstream satellite and Nick Szabo’s thoughts on the physical transportation of data, Mule Tools is aiming to be a clearinghouse of code enabling alternative methods of broadcasting Bitcoin transactions. What all this means is that using a fax

    Send Bitcoin By Fax? Morse Code? SMS? Chat? It Could Soon Be a Reality Thanks to Mule Tools

    | 2017/10/26 3:45 pm
  • Nvidia’s participation in the cryptocurrency industry is paying big dividends. In effect, fueled by Bitcoin’s impressive surge, Nvidia stock price continues to soar. Bitcoin and Other Cryptocurrencies Are Here to Stay On October 10, 2017, Nvidia’s stock value reached an all-time high: $192.92 USD per share. In parallel, Bitcoin’s value soared to $4,800 USD per coin. This bullish drive demonstrates that Nvidia continues to profit from producing devices used in cryptocurrency mining, artificial intelligence, driverless

    Bitcoin Boom is Fueling Nvidia’s Stock Price to All-Time Highs

    | 2017/10/10 11:30 am
  • JP Morgan reveals they are looking for a “Technical Project Execution Manager – (Blockchain) Distributed Ledger Technology” despite a very recent vehement attack on Bitcoin, which originated the very blockchain technology the financial services giant seeks to adopt.   In a move that many are finding ironic, if not downright hypocritical, JP Morgan is on the hunt for an experienced blockchain technician. The job posting comes just days after CEO Jamie Dimon called Bitcoin “a

    Mixed Messages Fly as JP Morgan Posts Job Ad for Blockchain Technician

    | 2017/09/18 12:45 pm
  • US based Security researcher FireEye claim that the rising price of Bitcoin in tandem with the increasing international sanctions imposed upon North Korea have lead the rogue country to seek Bitcoin hack attacks as an alternate, low cost way of helping finance the state.   FireEye make the claims in a report published Monday on their website, stating that they have been observing actors they believe to be North Korean of origin. These actors have

    North Korea Suspected of Hacking South’s Bitcoin Exchanges

    | 2017/09/13 3:00 am
  • The daddy of all cryptocurrencies gained a surprising defender in its case for mainstream validity this week. The US Department of Homeland Security described it as “a lot more legitimate than people give it credit for”, as reported by CNBC. It’s just used by criminals isn’t it? So the scare-mongering tactics of certain elements of the press would have the uninformed believe. One of the most frequent arguments heard against bitcoin is that its “untraceable” nature attracts

    The Bitcoin ‘It’s Not Actually All That Good for Crime’ Shocker!

    | 2017/09/01 4:00 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
  • Sending money via GPS satellite sounds like something from a science fiction movie, but soon it could become a real service for people to use all over the world. Blockchain specialist company Blockstream has introduced satellites that can help people that don’t have internet access the Bitcoin network. Beaming Blocks Via Satellite Blockstream, a leading company in blockchain technologies, has introduced a brand-new way to interact with the Bitcoin blockchain. Marketed towards people without easy

    Blockstream Introduces Satellite Systems to Access the Blockchain

    | 2017/08/16 3:30 pm
  • Hollywood Star Gwyneth Paltrow becomes an advisor for Bitcoin startup Abra. The Abra smartphone wallet app allows cross currency payment options including Bitcoin. Abra Wallet CEO Bill Barhydt appeared on Planet of the Apps, a reality show launched on Apple Music, where entrepreneurs pitch their apps to a celebrity panel of judges. During contestants’ initial escalator pitch, that panel is made up of Jessica Alba, Gwyneth Paltrow, Gary Vaynerchuk, and will.i.am. Being selected on the show means

    Gwyneth Paltrow Joins Bitcoin Startup Abra In Advisory Role

    | 2017/08/04 10:45 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
  • 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
  • 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
  • IBM (International Business Machines) has announced that they have been chosen by the Digital Trade Chain Consortium – 7 of the largest banks in Europe – in order build a Blockchain-based trading platform for small to medium sized businesses. The banks who formed a “blockchain consortium” are Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale, and Unicredit. They had previously announced in January that they were collaborating on a blockchain project. IBM has now won the bid

    IBM Lands Major Blockchain Deal With 7 Big European Banks

    | 2017/06/29 6:00 am
  • British multinational bank Barclays has confirmed they have been in talks with UK financial regulators, the Financial Conduct Authority (FCA), to see how they can “bring Bitcoin into play.” Consulting Regulators and Fintech Firms Speaking with CNBC, the bank’s UK chief executive, Ashok Vaswani, confirmed that the company had been in talks with both regulators and fintech firms in order to determine how the bank can safely bring cryptocurrencies to their customers. While the conversation with

    Barclays Bank Confirms Talks With Regulators to ‘Bring Bitcoin Into Play’

    | 2017/06/26 1:30 pm
  • 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
  • Japanese authorities are looking into using Bitcoin’s blockchain technology to better manage their property and real estate records. State of Bitcoin in Japan Since the MT.GOX hacking incident, the Japanese government has carefully tried to properly regulate the bitcoin trading market in the whole country. In April 2017, the Japanese government passed a ‘Bitcoin Regulation Law’, which forced all bitcoin exchanges in Japan to properly implement know-your-customer (KYC) and anti-money laundering (AML) mandates. In addition, the passed law

    Japan to Trial Blockchain Technology for Real Estate Records

    | 2017/06/22 10:00 am