• Some unfortunate news is in the bitcoin books. Following an outage of global digital currency exchange Bitfinex, everybody’s favorite coin has undergone quite a plunge, and is hovering around $671 USD at press time, a drop of nearly $100 in the last 48 hours. Also read: Bitcoin Price to Hit $1,000 Again? The Rally Continues Bitcoin Price Plunges Following Bitfinex Outage As Bitcoinist.net recently wrote: “The Bitcoin price has taken a tumble today with the Bitfinex trading outage,

    Bitcoin Price Suffers Nasty Plunge, but It’s Too Early to Panic

    | 2016/06/22 9:00 am
  • In light of certain developments regarding Slock.it’s titanic smart contract-driven project, The DAO, many are left with the question of how to cleanly exit. That’s a good question, though pretty contentious among the heavily staked DAO members. You can’t blame the more small time elements in the community for wanting to jump ship though, seeing as that ship has run over its tugboat (Ethereum) coming out of the harbour, and might be any combination of

    Exiting The DAO is a 67-Step, 48-Day Ordeal

    | 2016/06/20 2:00 am
  • According to The Verge’s Russell Brandom, The recent attack on the DAO is somehow related to the past failings of Bitcoin. Also read: Technical Analysis: Long-Term Bitcoin Price Corrections to Come? That’s right: your eyes are not playing tricks on you, I promise that you read that correctly. I’ve seen my share of tinfoil-hatting on the subject of cryptocurrency and security, but Brandom’s conflation of these two completely different technologies takes the cake. The sheer

    How the Verge Totally Misrepresented the DAO, and Bitcoin

    | 2016/06/19 5:00 am
  • Two of Australia’s leading bitcoin exchanges, CoinTree and CoinLoft, have announced this week new services allowing users to purchase a variety of altcoins including ether, the cryptocurrency that powers the Ethereum network. Alongside their established services which have primarily focused on making bitcoin accessible to the general public, they have now streamlined the process of acquiring ether. As of Monday 13th of June, CoinTree users will be able to swap bitcoin for a variety of popular

    Australian bitcoin exchanges announce Ethereum support

    | 2016/06/14 2:20 am
  • The Jaxx wallet solution continues to take the cryptocurrency world by storm. Not only has the wallet added support for The DAO tokens, but the team also interacted ShapeShift. This will allow users to convert between all three wallet-supported currencies within the app itself. Adding more functionality to a cryptocurrency wallet is always a positive thing. Jaxx has always been priding itself on supporting multiple currencies, and the addition of The DAO token is a

    Jaxx Wallet Integrates Shapeshift Conversion Option

    | 2016/06/11 5:04 am
  • Genesis Mining is one of the few cloud mining organizations to actually fulfill their obligations to their customers as well as a huge advocate for the Bitcoin and Cryptopcurrency industry.  Since the beginning of 2016 the mining industry has seen a lot of shifts, as well as new coins to mine that are wildly popular like Ethereum. Also Read: US Banking Regulators Warn About Imminent Swift Attacks Genesis Mining quickly expanded their GPU mining capacity

    Marco Streng of Genesis Mining on Ethereum and DASH Mining

    | 2016/06/10 3:19 pm