• The Lightning Network brought to Bitcoin with Segwit enables users to instantly exchange Bitcoin for Litecoin and vice versa. The first ever transaction between the two coins has now happened. Segwit (short for Segregated Witness) brought with it many new exciting features for Bitcoin when it was implemented in August this year, not least of them atomic swaps and the Lightning Network. The Lightning Network is an off chain network, that can, among other things,

    First Ever Cross Chain Atomic Swap Between Bitcoin and Litecoin a Success

    | 2017/11/17 2:30 pm
  • The acceptance of Bitcoin is set to skyrocket as the Square Cash app is now allowing a select few to buy and sell the digital currency. It’s been a long, hard road as Bitcoin and other digital currencies have sought mainstream acceptance. All that effort is slowly paying off as major financial institutions are getting involved in cryptocurrency, and another huge step has just been taken. News has started to spread that a small number

    Square Cash App Allows Buying and Selling of Bitcoin

    | 2017/11/15 2:57 am
  • As the civil war between Bitcoin and Bitcoin Cash intensifies, a new contender is entering the battlefield on November 12, 2017: Bitcoin Gold (BTG). Bitcoin holders at the moment of the Bitcoin Gold launch are receiving an equivalent number of BTG. Bitcoin Gold Makes its Debut Bitcoin Gold is making its official entrance while Bitcoin Classic shuts down and the Segwit2x hard-fork is canceled. And, most significantly, a civil war is raging within the cryptocurrency

    Bitcoin Gold Enters the Civil War Battlefield

    | 2017/11/12 2:00 pm
  • 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
  • Russian blockchain start-up BeOne is implementing blockchain technology to online education and course delivery through the development of a distributed ledger backed platform. The BeOne platform is created with the intention of offering users with varying educational backgrounds, a range of online courses across a broad spectrum of domains. The platform, currently undergoing closed alpha testing has announced the launch of its ICO campaign to raise funds necessary for building a comprehensive finished product. Users

    BeOne Streamlines Online Education with Blockchain Technology, Announces ICO

    | 2017/08/28 11:34 am
  • Marcus Hutchins, the British security researcher who aided ailing Wannacry malware victims, including the UK’s National Health Service, arrested by the FBI in Las Vegas. The security researcher who stopped the Wannacry malware attack by registering an internet domain that the malware communicated with has reportedly been arrested at an airport. According to emerging reports, Hutchins was arrested in Las Vegas as he was leaving the country after attending the Blackhat and Def Con conventions

    Cyber-Security Hero Who Stopped WannaCry Attack Arrested in Las Vegas

    | 2017/08/03 4:15 pm
  • BTC-e has made an announcement on Bitcointalk. In the post, BTC-e provides more information about what is currently happening with the exchange from their point of view. BTC-e Makes Latest Announcement Following the arrest of Alexander Vinnik, a 38-year-old Russian man that is accused of money laundering, the BTC-e exchange domain has been taken down by the FBI, with multiple reports connecting the two and describing Vinnik as a “key person behind the platform” that used

    BTC-e Disavows Alexander Vinnik, Promises to Return User Funds

    | 2017/07/31 10:00 am
  • Alexander Vinnik, 38, has been arrested in Greece on a U.S. warrant. While he is suspected of running one of the largest online money laundering operations, additional reports are emerging naming him as the mastermind behind the Mt. Gox heist that sent Bitcoin spiraling out of control in 2013. The Man Behind the BTC-e Exchange For almost seven years, BTC-e has operated as one of the oldest digital currency exchanges in the world. During that entire

    Alexander Vinnik Arrested in Greece with Ties to Money Laundering, BTC-e, Mt. Gox Theft

    | 2017/07/26 4:30 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
  • 2017 is a great time to be invested in the world of decentralized digital currencies. Bitcoin is up almost $100 USD so far this year, Ethereum is up over 60% and Dash has doubled in market value. Even discredited online Ponzi scheme OneCoin is doing so well that they are about to “go public.” OneCoin Going Public? The list of governments and central banks and regulators who have warned the masses to avoid spending any

    Blueprint to a Digital Scam: OneCoin Prepares to ‘Go Public’

    | 2017/02/20 2:00 pm
  • Poland’s oldest exchange Bitcurex has mysteriously “disappeared” with users losing access to capital and locking 2,300 bitcoins out of users’ hands. 2,300 BTC Gone Forever Local news sources report that following problems reaching back to October, the platform has now ceased operation altogether, with staff failing to release clear information. Only social media pages survive, while it appears that a Polish public prosecutor investigation instigated by the exchange is no nearer returning lost funds. Bitcurex’s

    Bitcurex: Owner ‘Disappears’ After Failing to Return 2,300 BTC

    | 2017/01/31 8:00 am
  • Bitcoin’s price dropped slightly after the People’s Bank of China (PBOC) published a summary of its findings after inspecting major Chinese exchanges. PBoC: ‘Continued Focus’ on Exchange Activities “According to the initial inspection and the problems found, the inspection group decided to continue to focus on payment and settlement, anti-money laundering, foreign exchange management, information and financial security and other aspects of further inspection,” the translated statement reads. Investigators suggested that investors should pay attention to

    PBOC to ‘Continue Focus’ on Exchanges as Volumes Plummet

    | 2017/01/25 7:00 am
  • Bitcoin started dropping in price once again Wednesday after Chinese authorities stated exchanges “were violating rules.” PBoC: Rules ‘Violated’, AML Measures ‘Not Sound’ Inspections conducted on Huobi and Okcoin by a joint group of overseers including the People’s Bank of China (PBoC) revealed what a statement calls “margin trading which violated rules, resulting in abnormal price fluctuations on the market.” “During the inspection, it has also been discovered that these platforms had not established [a]

    China: PBoC Says Exchanges ‘Violated Rules,’ Repeats Investor Warnings

    | 2017/01/18 10:00 am
  • The price of Bitcoin has dropped from today’s earlier almost $1,200 high to under $940 – a comedown of $300 in a matter of hours. Correction, Correction The current press-time price of $987 per coin on Coinmarketcap represents a similar move to that which propelled Bitcoin above $1,000 from its mid-800s level two weeks ago. If the current price holds, Bitcoin will have still corrected upwards overall. Turbulence of this nature will likely spell negative

    Pop? Bitcoin Drops $300 In Hours as Bubble Fears Emerge

    | 2017/01/05 11:00 am
  • 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
  • TradeZero has announced today that they will be partnering with Jered Kenna to create an off-chain “Dark Pool” exchange on their platform, in addition to their commission-free stock and ETF trading services. The exchange will implement multisig and insuring through BitGo, and fee-less currency (digital and fiat) trading within their system. The Nassau-registered broker will also be accepting opening balances in BTC. Read also: Nvidia GTX 1070 Review – Efficiency Boost Worth the Premium?  

    TradeZero Platfom Opens Off-Chain Exchange, Accepts BTC

    | 2016/08/11 7:55 am
  • On August 2, 2016, it has been reported that the major cryptocurrency exchange, Bitfinex, was hacked with some customers losing Bitcoin as a result. Additionally, BitGo has commented on the event. Also read: Indacoin: Buying Bitcoin, Litecoin with a Credit Card The Breach of Bitfinex Bitfinex itself confirmed the hack in a press release earlier today, saying they have halted all trading on the platform. Additionally, all deposits to and withdrawals from Bitfinex have been

    Bitfinex Hacked, Bitcoin Confirmed Stolen

    | 2016/08/02 5:06 pm
  • With all the coverage surrounding massive Crypto Theft and Scams recently, whether it’s The DAO, OneCoin, or questionable ETC ownership policies on major exchanges, it’s easy to ignore the more mundane events in this arena. Luckily, Steve Manos, A man in Lake Worth Florida, was brave enough to ignore best practices and common sense to bring us this gem of an example of how not to buy Bitcoin. Read Also: New Polaris GPUs Shake Up

    Floridian Thieves use Local Bitcoin Exchange to Rob Customers

    | 2016/07/30 10:30 pm
  • In light of the recent Ethereum hard fork, a collection of anonymous figures, or Ethereum Whales, have offered their support to the DAO exploiter — believing that the core developers have an obligation to the original contract. Also read: Breakout Gaming Making Progress on New eSports Platform The Ethereum Whales According to a blog, the ETH whales believe the developers at the Ethereum Foundation have an obligation to support the original smart contract. That is

    Anonymous Figures OfferHelp to Ethereum DAO Exploiter

    | 2016/07/26 12:37 am
  • The  Ethereum Hard-Fork has been a highly divisive event on the cryptocurrency landscape. The hard fork, along with a rescue soft-fork in the weeks prior, has been a godsend to those who invested in The DAO, a smart contract built on Ethereum that ended in one of the most catastrophic implosions in Crypto history. With 12% of the extant Eth tied up in the DAO, The majority of Ethereum hashpower decided to hard-fork to refund

    Ethereum Classic Jumps Into Top 10 Altcoins In Less Than a Day

    | 2016/07/24 4:35 pm
  • Ethereum’s DAO hard fork update landed on GitHub yesterday, allowing users to vote on whether they support the Hard fork that will refund the DAO after the attack that drained around four percent of the total Ethereum (approx. 50 million US dollars worth at the time)  in circulation from the smart contract. Read Also: MakerDAO Founder’s Unique Opinions on the DAO’s Failure Ethereum Reaches A Crossroads with Hard Fork Update   This hard fork update,

    DAO Hard Fork Update for Ethereum Finally Released

    | 2016/07/17 10:32 am
  • Malware is being distributed in a wide variety of ways these days. Security researchers have managed to track down the distribution of Pirrit aware to an online marketing company based in Israel. As it turns out, a new version of the adware is in circulation right now. Albeit this adware is targeting Mac OS X users specifically, it is still a significant threat. Also read: The Halving Month Is Here; What Will Happen to the

    Israeli Advertising Firm TargetingEdge Spreads Pirrit Adware

    | 2016/07/07 5:34 am