• Russian minister Nikolai Nikiforov says that it’s likely that Russia will never legalize Bitcoin due to it being a “foreign product.” However, Russia is still gung-ho on blockchain technology. Cryptocurrency and Russia have been an intriguing mix over the last few years. The acceptance of Bitcoin, mining, and cryptocurrencies in general has gone back and forth between acceptance and rejection. Now it looks like Bitcoin may be shot down for good in the Russian Federation

    Nyet! Russian Minister Says Bitcoin May Never Be Legalized

    | 2017/11/22 9:00 am
  • Belarus is “expecting” to introduce legal physical exchange points for cryptocurrency in a landmark update to its finance laws. Legal Crypto Exchange Outlets ‘Expected’ By Bank The Eastern European country is currently awaiting a sign-off on a new package of laws by president Aleksandr Lukashenko. Once this is in effect, Bitcoin and altcoins could stand to become a bonafide part of the Belarusian economic landscape. “We expect that in Belarus there will be a cryptocurrency

    Belarus Could Soon ‘Legalize’ Bitcoin With State-Sanctioned Exchanges

    | 2017/11/22 8:00 am
  • Computer hackers target the Sacramento Regional Transit system and demand a whopping ransom of a single Bitcoin. There have been quite a few major stories concerning technology in 2017, such as the meteoric rise in the value of Bitcoin. Another huge feature of the past year has been the sheer number of ransomware attacks by hackers. Now the Sacramento Regional Transit system is the latest victim, but it appears that the hackers responsible don’t need

    Hackers Demand a Single Bitcoin in Ransomware Attack

    | 2017/11/22 7:00 am
  • 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
  • The Overstock CEO evangelized Bitcoin on Fox Business’s Mornings With Maria, claiming money has to be backed by something whether it will be Gold or Bitcoin. Watch the latest video at video.foxbusiness.com Overstock.com CEO Patrick Byrne explained yesterday why he’s optimistic about Bitcoin, during an appearance on FOX Business’ Mornings with Maria. With hosts keen to point out Bitcoin’s monumental rise as a potential bubble, Byrne instead identified the US dollar as an equally dubious store

    Overstock CEO Patrick Byrne – It’s About Time The World Switches to Real Money Either Bitcoin or Gold

    | 2017/11/21 3:15 pm
  • Daniil Rausov, the founder of KYC.Legal, sits down with Bitcoinist to discuss his company’s unique service, the similarities between its business model and Uber, and the client verification procedures designed to make life easier for all market participants. Bitcoinist: For starters, tell us about KYC.Legal? What makes this a unique product on the market? How is it convenient for the client? DR: In short, this is a simple and quick way to complete client identification

    KYC.Legal Founder: ‘We are Creating a Global Universal Personal Identification Alternative’

    | 2017/11/21 2:45 pm
  • Serial investor Mike Novogratz is this week’s championer of Bitcoin, predicting $10,000 by December 31 as prices hit new all-time highs today. Novogratz: ‘Amazing Technology’ of Bitcoin Puts It Ahead of Gold Speaking on Bloomberg TV, Novogratz, who has been bullish on Bitcoin throughout the year, said Bitcoin would yet hit the magic number before the new year, and also predicted $500 per coin for Ether (ETH) within the same period. “…Gold has value solely

    Bitcoin To $10,000 In 6 Weeks? Easy, Novogratz Tells Bloomberg

    | 2017/11/21 2:00 pm
  • Blockchain tech is primed to usher in a new age of business and technology around the world in a way we’ve never seen before. Businesses now, more than ever, need to constantly adapt to stay profitable and compete with their competition, and Storiqa is looking to help brick and mortar stores all over the world expand and improve. [Note: This is a sponsored article.] The Changing Face of Worldwide Business Worldwide commerce is moving online.

    Growing Local Business Online Through Storiqa and Blockchain Technology

    | 2017/11/21 12:00 pm
  • Blockchain-powered global ad exchange AdEx announced today that they have entered into an exclusive partnership with Ink, the world’s leading travel media company. About Ink Ink is the world’s biggest travel media company with an audience reach of over 775 million passengers annually. They offer opportunities for advertisers to connect with a global audience through in-flight magazines, mobile devices, and other digital, print, and video media products. They work with some of the world’s most

    Blockchain Ad Network AdEx Crosses into Real Sector with Ink Partnership

    | 2017/11/21 8:00 am
  • Tether’s bizarre recent history continues as developers report a hack worth over $30 million at market value. Tether: Huge Losses Counter Huge Issuance Following several weeks of increased issuance of Tether’s token USDT, which notionally acts as a US dollar replacement, a “malicious action” has removed almost 31 million from its Treasury wallet. “…We discovered that funds were improperly removed from the Tether treasury wallet through malicious action by an external attacker,” an announcement read

    Tether Loses $30 Million to Hackers, ‘Temporarily Hard Forks’ to Prevent Spending of Stolen Funds

    | 2017/11/21 4:00 am
  • 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 ongoing turmoil in Zimbabwe reinforces the fact that people around the world are increasingly turning to Bitcoin in times of crisis. In times of crisis, individuals look to a number of things to help support them through the troubled times. Some of these items include faith, family, and a belief that better times are just around the corner. Another article that people are turning to during a major crisis is Bitcoin. Uncertain Times Lead

    People Turn to Bitcoin During Times of Crisis

    | 2017/11/20 5:00 pm
  • Tuur Demeester was among those celebrating a record high 2.3 million unique visitors to Bitcoin.org in October. Bitcoin.org Hot On Heels Of Ver’s Bitcoin Cash Portal The pioneering ‘home’ of Bitcoin, Bitcoin.org, is now more frequented than ever, holding an Alexa ranking of 3227 in the US and 4872 worldwide. The resource’s cofounder Cobra released the statistics on Twitter Monday, with Demeester calling it “one of the best Bitcoin resources out there.” That's fantastic. One

    Bitcoin.org Reveals Record 2.3 Million Visitors Despite Bitcoin.com Threat

    | 2017/11/20 11:00 am
  • Payment network Square has seen the value of its shares jump as a direct response to its Bitcoin integration. Square Shares Up 30% In 30 days After its announcement last week it was giving Bitcoin payments a limited trial for customers, Evercore ISI said the move was a major benefit to the business. “Following our meeting Wednesday with CFO Sarah Friar, we are upgrading Square to outperform,” analyst Rayna Kumar wrote to clients quoted by

    Square Bitcoin Support: Shares Rise as Analysts Laud ‘Ability to Innovate’

    | 2017/11/20 8:00 am
  • As Initial Coin Offerings are rising in popularity, experts are advising investors to be careful about fraudulent token sales. Fraudulent ICOs Initial Coin Offerings, or ICOs, have become increasingly popular over the past year. Many interesting projects and startups have decided to raise funds through ICOs instead of through venture capitalists. According to the cryptocurrency statistics website CoinSchedule, over $3 billion was invested in many different token sales this year alone. The reason why so

    Investors Should be More Careful in Which ICOs They Invest

    | 2017/11/18 10:15 pm
  • Literally millions of people have joined the world of cryptocurrencies recently. For example, Coinbase, one of the biggest cryptocurrency exchanges, has added around 2 million new clients within two months. Blockchain.com, the major electronic wallet, found its client base increase by 1.8 million during the same time frame. Most of these people are newbies, unacquainted with security issues and risks that surround complex but currently profitable cryptocurrency realm. This makes them easy targets for cybercriminals

    How to Secure Your Cryptocurrency Wallet: 16 Simple Tips for Beginners

    | 2017/11/17 10:00 pm
  • The BANKEX technical team has recently announced they have developed the world’s first private blockchain that supports the Plasma Protocol for public audit which will allow users to transfer different assets directly to each other leaving intermediaries behind and solving one of the most pressing problems of the current crypto world – high gas consumption. The Plasma-like protocol open source code is already available here. [Note: This is a sponsored article.] Inspired by the Plasma

    Dashing Forward – BANKEX Develops World’s First Working Plasma-like Protocol Bringing Vitalik Buterin’s Idea to Life

    | 2017/11/17 8:15 pm
  • 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
  • Bitcoin renewed its unrelenting trajectory into the stratosphere and reached a fresh all-time high of $8,040 USD during intraday trading on November 17, 2017. On the same date, a group of developers unsuccessfully attempted to implement the Segwit2x hard-fork. Segwit2x Revisited Bitcoin punctured the $8,000 USD resistance price level. The Bitcoin surge occurred as a group of developers attempted to implement the Segwit2x hard-fork of Bitcoin’s blockchain. However, as of this writing, the Segwit2x team

    Bitcoin Hits $8,000 as the Segwit2x Hard-Fork Fails

    | 2017/11/17 1:15 pm
  • Switzerland’s banking sector going bigtime Bitcoin as two banks are set to launch futures this week, while its JPMorgan arm launders money. Vontobel, Leonteq Respond To Customer Demand Vontobel, which has long signaled increased exposure to Bitcoin for customers, will join Leonteq Securities, which will offer a futures-like contract. Vontobel senior executive Eric Blattmann told Bloomberg: We have seen big demand for our long tracker certificate from investors interested in playing the upside potential of

    Two New Bitcoin Futures Hit Switzerland As Finma Slams JPMorgan

    | 2017/11/17 9:30 am
  • The total cryptocurrency market managed to reach a market valuation of over $200 billion this year, and this has caught the attention of the entire finance world. Could Bitcoin Replace the Dollar? Cryptocurrencies were the clear winner of 2017. Major cryptocurrencies like Bitcoin, Ethereum and Litecoin have massively increased in value over the year, effectively outperforming investments like stocks, commodities, and bonds. The incredible performance of cryptocurrencies has given many skeptical people in the finance and

    Could Cryptocurrencies Take Over the US Dollar as World Reserve Currency?

    | 2017/11/17 7:00 am
  • 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
  • Initial Coin Offerings (ICOs) are a new crowdfunding phenomenon that is making waves both in and outside of the cryptocurrency space. A recent report by Deloitte estimate that over 26,000 Blockchain Projects got started in 2016 and other estimates also put ICO funding near the $1 Bln mark for Q2 2017 alone. Crypto and ICOs The incredible amount of funds that have been gathered by projects doing Initial Coin Offerings has, in turn, attracted more

    Can ICOs by Mainstream Companies Lead to Cryptocurrency Mass Adoption?

    | 2017/11/16 10:00 pm