• The focus on blockchain technology and distributed ledgers have not gone by unnoticed, as the European Parliament will be hosting a four-day conference on digital currency and blockchains next week. Quite an interesting announcement, and perhaps even a hint as to what is to come regarding regulation in the EU over the coming years. Also read: Keeping the Blockchain Open in the Shadow of Tech Giants European Parliament Blockchain and Bitcoin Conference It is important

    European Parliament To Host Educational Blockchain Conference

    | 2016/04/15 4:46 am
  • The topic of Bitcoin ransomware has been beaten around the bush multiple times by now, but a recent report by Intel Security shows the threat is far from over. In fact, their findings suggest ransomware becomes a grave threat by 2021, and healthcare institutions will be the primary target. Also read: Microsoft Issues Security Patch To Address Badlock Exploit Kits Bitcoin Ransomware To Keep Targeting Healthcare Sector It is not the first time Bitcoin ransomware

    Healthcare Industry Will Face Even More Bitcoin Ransomware Threats

    | 2016/04/14 8:01 am
  • At the Money 20/20 Conference in Copenhagen last week, both Bitcoin and particularly the Blockchain were discussed widely.  The conversation has shifted vastly over the past 3 years, as established financial players are actively looking towards Blockchain technology to benefit their businesses.  There were 4 Bitcoin centric presentations, and the following article summarizes them as follows. Also read: Bitcoin Taxes 2016: Accurately Reporting Bitcoin Usage On Wednesday morning, banking super star Blythe Masters, formerly of JP

    Money 20/20 Highlights: Blythe Masters, Blockchain Innovation

    | 2016/04/14 6:00 am
  • It is always positive to see technology giants patch security vulnerabilities before they can be exploited by assailants, and Microsoft has done exactly that. Seven vulnerabilities have been patched, shutting the door for malware and ransomware infections through these security flaws. Also read: Bitcoin Taxes 2016: Accurately Reporting Bitcoin Usage Microsoft Tackles Badlock Bug With New Patch Although it is all but impossible to completely secure an operating system, Microsoft has taken out several attack

    Microsoft Issues Security Patch To Address Badlock Exploit Kits

    | 2016/04/14 3:06 am
  • Editor’s note: The original introduction to this article has been replaced with one written by tax accountant Daniel Winters, which corrects some factual inaccuracies in the original.  While the IRS rules have not changed since last year, it’s important to understand how to handle the taxes on Bitcoin transactions since Bitcoin income is not tax free. Accurately reporting taxes for Bitcoin can be tricky since the IRS treats Bitcoin as property, NOT currency.  Since Bitcoin

    Bitcoin Taxes 2016: Accurately Reporting Bitcoin Usage

    | 2016/04/13 11:52 pm
  • To the casual observer, trading cards died as soon as Al Gore “invented” the internet. Gamers know it’s been quite the opposite; cards went digital and business is booming. Spells of Genesis, on of the latest trading card games to hit the market, thinks it has a unique advantage over other games. This article was provided by the Vanbex Group. It’s not just trading card games (or TCGs) like Hearthstone: Heroes of Warcraft either. Sports

    Own Your Deck in Spells of Genesis

    | 2016/04/13 6:00 pm
  • April 13, 2016 – Receiving wage payments should be easy, and we at Bitwage think living in this new digital world–in which earning a wage is an integral part—everything should be a fast, transparent, seamless, and secure experience. That’s why we have been continuously working to make Bitwage more accessible to all of our users. As you may already know, our Bitwage Payroll services for Individuals (BPI) enables anyone, whether you are an employee or

    Bitcoin Company Bitwage Releases Bitwage Payroll for Individuals in Europe

    | 2016/04/13 12:12 pm
  • Blockchain & Bitcoin Conference Russia, which was dedicated to the development of cryptocurrency and blockchain technology, took place on Friday, April 8, in the centre of Moscow. Disclaimer: This is a press release. Bitcoinist is not responsible for this firm’s products and/or services. Bitcoin Conference Russia Highlights Among 260 participants, that is twice more than last year, there were representatives of payment systems, electronic wallets, bankers, venture capitalists and developers of IT solutions based on

    Bitcoin Conference Russia Results: The Ethereum Boom Is Here

    | 2016/04/13 12:11 pm
  • Apple recently won their case against the FBI, and the FBI cracked the iPhone in question anyway, with the help of Cellebrite, a government contractor that provides “forensic extraction” tools to investigative agencies. Their new methods in securing evidence have bordered closer to hacking, bringing the legality of them into question.  Read Also: Homeland Security Task Force Tracks Domestic Bitcoin Traders The federal investigative agency has shown a pattern of reluctance to release their data acquisition

    Why the FBI Encryption Debate Is Less Significant Than You Think

    | 2016/04/13 12:00 pm
  • Many people know CEX.IO as a platform to buy and sell Bitcoin in exchange for various fiat currencies. But the company recently announced a new addition to this platform in the form of Ethereum trading. This modern digital currency can be traded against both Bitcoin and the US Dollar as of today. Also read: BIT.AC Launches Innovative Multi-Currency Crypto Wallet Platform CEX.IO Adds Ethereum Trading Markets It is always positive to see digital currency exchange

    CEX.IO Adds USD and BTC Ethereum Trading Markets

    | 2016/04/13 7:53 am
  • At the Cato Institute’s “The Policy Challenges of a Decentralized Revolution” in Washington D.C. on Tuesday, Patrick Byrne confirmed that the island nation of the Barbados has indeed ran trials hosting their local fiat currency, the Barbadian Dollar (pegged at $0.50/1-dollar), on a blockchain equivalent. Mr. Byrne spoke to the larger trends ongoing with the technological shifts towards decentralization, and then off-handedly mentioned confirmation of Barbados’ successful trail linking fiat currency to Blockchain technology. Given the pioneering nature

    Patrick Byrne: Barbados Tests Fiat Hosting on Blockchain

    | 2016/04/13 6:00 am
  • Despite the wide variety of cyber attacks against companies and individual users all over the world, far too many websites contain security vulnerabilities.  Hackers have a relatively easy time to gain access to centralized databases and obtain sensitive user information. Also read: Security Experts Create Solution For Petya Bitcoin Ransomware Three In Four Sites Have Security Vulnerabilities A new report by Symantec paints a rather painful picture for enterprises and individual website owners who collect

    500 Million Records Stolen in 2015 Due To Security Vulnerabilities

    | 2016/04/13 3:05 am
  • Petya is one of the most recent strains of Bitcoin ransomware that has been wreaking havoc in various countries. But that may be coming to an end, now that security experts from Leostone have come up with a software solution to bypass the ransom demand. Also read: Porn Ransomware on Android Does Not Demand Bitcoin Payment Bypassing The Petya Bitcoin Ransom Demand Despite only being in circulation for little over two weeks so far, the Petya

    Security Experts Create Solution For Petya Bitcoin Ransomware

    | 2016/04/12 9:13 am
  • BitcoinAverage, April 12, 2016 — The price of bitcoin had little to show last week relative to the range of price movement mostly sideways trading, which hit $423 on the upper limit and $415 on the lower end.  This article was provided by the Vanbex Group on Behalf of BitcoinAverage. The Weekly BitcoinAverage Report The most exciting activity was a run up to $424 on April 8th, applying counterweight to the previous week’s low of

    The BitcoinAverage Report: The Boring Week of Bitcoin

    | 2016/04/12 9:00 am
  • A new type of ransomware has been brought into circulation, and it is targeting mobile devices running the Android operating system. There are a few hoops to jump through before one’s device is infected, but this new threat is a primary concern for mobile users. However, the ransom does not have to be paid in Bitcoin, for a change. Porn Ransomware Makes The Rounds On Android OS This particular new type of ransomware works in

    Porn Ransomware on Android Does Not Demand Bitcoin Payment

    | 2016/04/12 2:43 am
  • April 11, 2016 — A decentralized currency can not only exist with regulation and oversight, it must. Following publication in Cointelegraph of the Vanbex Report titled, Outlawing Bitcoin: A Matter of Control, commenter Simon remarked: “So a decentralized currency requires … centralization?” Written by Brandon Kostinuk The Necessity of Oversight in Decentralized Currencies This comment arose from a statement in the article that read: “A decentralized digital currency requires regulation and oversight.” His confusion — incredulity,

    Vanbex Report: Decentralized Oversight

    | 2016/04/11 6:00 pm
  • San Francisco, London, April 11, 2016 — Uphold, the world’s fastest growing cloud-based financial services platform, has announced its real-time integration with leading cryptocurrency exchange Bittrex, allowing real-time market pricing for its members to exchange Voxel, Litecoin and Ethereum into a wide range of fiat currencies, including the US dollar, Euro, Chinese yuan, Indian rupee, Japanese yen and British pound, as well as precious metals, including gold and silver. Uphold also has a long-standing integration with

    Uphold Adds Support for Voxel, Litecoin and Ethereum to Follow

    | 2016/04/11 3:37 pm
  • NeuCoin is an up-and-coming altcoin that aims to spread awareness about cryptocurrency through games and community building. Recently, the team behind the digital currency made a few announcements on the future of the project. Most notably, the NeuCoin Foundation will be destroying 2.2 billion of the coins in its reserves, decreasing the supply of the currency by 50%. Also read: NeuCoin Makes Moves With Facebook Game and Tipping Platform Launch NeuCoin Continues to Make Progress

    NeuCoin to Destroy 2.2 Billion Coins, Launching New Projects

    | 2016/04/11 12:00 pm
  • Never Lose Vision, LLC (NLV) thinks that Bitcoin startups are doing marketing all wrong. According to NLV media consultant and managing director Niko Younts, bitcoin startups are wasting their time shaking hands and giving out candy at Bitcoin conferences. Instead, he says they should be investing in exact-match, premium Bitcoin domain name asset portfolios. He has the numbers to back it up, too. NLV boasts the world’s largest portfolio of bitcoin, blockchain and cryptocurrency domain

    World’s Largest Bitcoin Asset Portfolio for Sale After $250K Deal

    | 2016/04/11 11:10 am
  • There have been various rumors regarding governments trying to spy on consumers to identify illegal or illicit activity over the Internet. Bundestrojaner, which is allegedly used by the German government, seem to work only with Skype, and on the Windows platform. There does not appear to be any support for mobile operating systems, or any the other main computer OSes. Also read: Bitcoin and Divorce: A Match Made in Heaven? Bundestrojaner Government Spyware Has Limited

    Bundestrojaner Government Spyware Incapable Of Affecting Most Encryption Types

    | 2016/04/11 8:28 am
  • With the investigation into Cryptsy still underway right now, it seems odd one of the exchange’s altcoin wallet addresses has a declining balance. To be more precise, someone noted how the Cryptsy Unobtanium wallet has been sending funds to Bittrex, where a major dump of the digital currency took place. So far, the Bittrex team remains tightlipped regarding the incident. Also read: Five Ridiculous Cryptocurrencies You Should Know About Cryptsy Funds On The Move By

    Cryptsy Funds Have Moved To A Bittrex Wallet

    | 2016/04/11 2:39 am
  • Altcoins are cryptocurrencies inspired by Bitcoin. Because they oft offer little in terms of innovation, most altcoins are of little interest to serious investors. One notable difference between Bitcoin and other cryptocurrencies is the way in which coins are mined. While Proof of Work SHA2 runs bitcoin, different altcoins use scrypt or other solutions to solve this problem. Altcoins, although most often obscure, can make mainstream press headlines. When they do, they are oftentimes quickly

    Five Ridiculous Cryptocurrencies You Should Know About

    | 2016/04/10 12:00 pm
  • For many years, people assumed lInux was one of the most secure operating systems in the world. Even though the number of cyber attacks against Linux machines remains relatively small for now, several thousand machines were infected with malware, forcing them to send out spam messages. As we all know, spam messages – such as the ones sent through Mumblehard – are one of the more common causes of Bitcoin ransomware infections. Also read: Coinify

    Mumblehard Linux Botnet Will No Longer Send Spam Messages

    | 2016/04/10 7:45 am