• Researchers at MIT have devised a blueprint for a new kind of anonymous network, called Riffle, that they believe will be just as secure as Tor, if not more so. Also read: Do You Make These 4 Mistakes When Explaining Cryptocurrency to Newcomers? Apparently, the proposed scheme is more bandwidth efficient than Tor, and can guarantee anonymity as long there is at least one honest server — a proxy server working to sustain system integrity

    MIT’s Riffle Aims to Compete with Tor for Spot as Anonymity King

    | 2016/07/15 5:00 am
  • In what must have been the story of the 1st half of 2015, Mt. Gox faced closure and bankruptcy under the direction of Mark Karpeles following a long stint of halted cash withdrawals and the resulting lockdown of Bitcoin withdrawals. As such, it isn’t hard to imagine that he had been taken into police custody in the following months due to suspected embezzlement. See Also: Mt Gox Trustee In Favor of Publicizing Exchange Addresses According

    Karpeles Out on Bail – Now What?

    | 2016/07/15 1:12 am
  • Editor’s note (7/15/2016, 8:54 PM EST): We would like to clarify that bitcoin exchange Bittrex was never in any danger of being compromised during the Steemit hack.  The social media platform powered by an altcoin has been making tsunamis as of late. Not only have there been record numbers of signups, but the content has also been incentivized to be of higher quality. See also: Lisk Added to Shapeshift.io Direct from CEO Ned Scott on

    Aaaaannnnd It’s Gone: Steemit has been Hacked

    | 2016/07/14 7:26 pm
  • San Francisco ,CA — In the first-ever live-streamed blockchain event, a studded cast of presenters and panelists will take to the stage at the two-day conference in San Francisco. Disclaimer: This is a press release. Bitcoinist is not responsible for this firm’s products and/or services. The fifth installment of the d10e Conference, which runs July 19-20, is set to showcase the latest in fintech and disruptive, decentralizing technology, with two marquee presenters in renowned computer scientist

    D10e Conference Featuring John McAfee Fast Approaching

    | 2016/07/14 2:02 pm
  • Have you ever found yourself explaining cryptocurrency to someone who knows little or nothing about it? When you know a lot about a topic, it can be difficult to describe it to those with much less base knowledge than yourself. Check out these four mistakes you might be making, and how to fix them to achieve a better understanding from those you converse with. Also read: Flavours Place — Buy Coffee, Tea Right From the

    Do You Make These 4 Mistakes When Explaining Cryptocurrency to Newcomers?

    | 2016/07/14 5:00 am
  • The Decentralized Conflomerage is launching a new project called HEAT, marketed as a “Blockchain 3.0 platform. In partnership with HEAT Ledger Ltd., the Decentralized Conglomerate opened a pre-ICO crowdsale on OpenLedger, and launched the official ICO on July 11, 2016. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services. What Does HEAT Do? Short

    HEAT: A ‘Blockchain 3.0″ Crowdfunding Platform

    | 2016/07/13 6:00 pm
  • Following its first successful crowdfund, Breakout Coin (BRK) has launched a second funding campaign, raising money to advance the progress of its gaming tokens. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services. Breakout Coin’s second crowdfunding campaign began on July 10 at 5 PM PST, and will run until Sunday, July 24. Hosted

    Breakout Coin Launches Second Crowdfund After Raising 851 BTC

    | 2016/07/13 12:35 pm
  • Energy and bitcoin come together, a bitcoin trust files with the SEC, and Iceland gives a “thumbs up” to digital currency. Want to catch up on the latest crypto-news? Take a look at the stories below. Also read: Industry Report: The Halving That Came and Went BITCOIN ENERGY CONFERENCE Big-time miner Bitmain recently held a private conference in southwest China. Representatives and government officials of nearby regions were invited to discuss local power sources and

    Industry Report: Bitcoin Bursts with ‘Energy’

    | 2016/07/13 9:00 am
  • A solid rise has made its way into the bitcoin books. Following our previous price piece, bitcoin was hovering around $645 but has now shot up to about $672 at press time. Also read: Price Report: Bitcoin is Dominating Argentina The Halving: Possible Bitcoin Price Movements to Come In a discussion of the recent halving, one source says it best: “Bitcoin price holds steady, and the reward halving has not seen any surprises in the mining

    Will the Halving Ever Affect the Bitcoin Price, Technical Analysis Thinks So

    | 2016/07/13 5:00 am
  • On July 10, 2016, Chinese smartphone manufacturer, Xiaomi, announced that their cheap line of phones, known as Redmi, had sold over 110 million units in just 3 years. This news could have implications for bitcoin, as cheaper smartphones could directly result in higher trading volume in the country. Also read: Bullish Trading Ahead? Bitcoin Price Sees New Technical Patterns The Redmi and Redmi Note, less than half the price of other Xiaomi phones like the

    Record Sales for Xiaomi Smartphones Could Benefit Bitcoin Users

    | 2016/07/13 2:12 am
  • On June 20, the Bitcoin world came to a halt for some traders — twice in 24 hours, in fact — when popular Hong Kong exchange Bitfinex, owned and operated by iFinex Inc. (Bvi), unexpectedly went offline, preventing trading at the exchange for several hours. Disclaimer: This article was provided by the Vanbex Group. Bitcoinist is not affiliated with the firms represented by the Vanbex Group and is not responsible for their products and/or services.

    Bitfinex Outages Raise Questions of Reliability and Regulation

    | 2016/07/12 12:00 pm
  • Technical indicators suggest that the bitcoin price could be preparing for a rather significant correction, potentially sending it below $600. Traders shouldn’t have too much to fear though, as the decline is expected to be followed by bullish activity, resulting in a rise to $700 and beyond, hitting resistance at $1000. Also read: Industry Report: The Halving That Came and Went Bitcoin Price Looking Bearish, but Not for Long Long-Term Analysis After a year where

    Bullish Trading Ahead? Bitcoin Price Sees New Technical Patterns

    | 2016/07/12 5:00 am
  • The halving comes and goes, Ethereum wants to hard-fork, and the blockchain does income grants. Want to catch up on the latest cryptocurrency news? Take a look at the stories below. Also read: Industry Report: The Bitcoin Bill That Became Law BITCOIN HALVING The halving has officially come and gone, and the results haven’t been as big as we all hoped for. At mid-day on Saturday, the bitcoin price fell to the $620 range but

    Industry Report: The Halving That Came and Went

    | 2016/07/11 5:00 am
  • We sat down recently with Rune Christensen, the founder of MakerDAO, to discuss The DAO’s collapse and the implications it will have for Ethereum and Cryptocurrency moving forward after the soft fork. He expresses doubts at the notion that the Ethereum community holds any obligation to The DAO and other interesting viewpoints from security to hard-fork consensus. Also Read: Pound vs Yen: The Battle Over Bitcoin Rages On Rune Has Faith in Ethereum, Not The

    MakerDAO Founder Claims “Absolutely Zero” Obligation to DAO Investors In Interview

    | 2016/07/10 5:42 am
  • Another small rise is in the books. Following a drop to $639, the price of bitcoin has jumped up to about $645 at press time. Also read: Pounds vs Yen: The Battle Over Bitcoin Rages On At first glance, this appears to be a meaningless rise. Just a few dollars, nothing to scream and shout about, but considering the circumstances surrounding the halving that has now officially taken place, the results are something to celebrate.

    Price Report: Bitcoin is Dominating Argentina

    | 2016/07/10 5:00 am
  • With new marketplace Flavours Place, Bitcoinists can buy premium coffee, tea, spices and cocoa with their favorite digital currency. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services. Get Coffee and Tea Straight From the Farm with Flavours Place The coffee and tea sold by Flavours Place is supposedly unavailable in the mainstream market,

    Flavours Place: Buy Coffee, Tea Right From the Farm with Bitcoin

    | 2016/07/09 6:00 pm
  • Breakout Coin, branded as “the world’s first ‘multicurrency’ payment system,” has ended its crowdfunding campaign, successfully raising over 700 bitcoins, close to $450,000 as of press time. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services. The crowdsale began on June 13, 2016 and ran until July 7, offering a 25 percent bonus for

    Breakout Coin Closes Crowdsale, Successfully Raises 700 BTC

    | 2016/07/09 1:40 pm
  • A Bitcoin bill becomes law, a new form of Mac malware emerges, and Steemit uses digital currency to steer traffic. Want to catch up on the latest cryptocurrency news? Take a look at the stories below: Also read: Industry Report: Is Litecoin Making a Comeback? THE NEWEST BITCOIN BILL North Carolina Governor Pat McCrory has signed a new Bitcoin bill into law, expanding the state’s Money Transmitters Act to include cryptocurrencies. The bill defines virtual

    Industry Report: The Bitcoin Bill That Became Law

    | 2016/07/08 4:00 pm
  • According to a new report from market research firm Counterpoint Research, Apple has dropped into fifth place in China’s smartphone market. Also read: New EU Cybersecurity Laws to Cover Online Banking, Markets Is the iPhone Trailing Behind its Competitors Because of Bitcoin? This news is a huge blow to the tech giant, as China represents Apple’s biggest customer base outside of the United States. Additionally, this news follows an earlier market report from the second

    Is Apple’s Attitude Towards Bitcoin Hurting Chinese iPhone Sales?

    | 2016/07/08 11:59 am
  • Another serious drop is in the books. Following a period of hanging in $670 territory, the price has fallen to around $639 at press time. Also read: The Halving Month Is Here; What Will Happen to the Bitcoin Price? But while the forecast may look grim, the fact is that there are plenty of opportunities for bitcoin to rise back up. The British pound is continuing to fall into a deep, dark oblivion since the

    Pound vs Yen: The Battle Over Bitcoin Rages On

    | 2016/07/08 9:00 am
  • What happens to cryptography once quantum computers are everywhere? Will it still be possible to keep encrypted systems — like the Bitcoin network — secure? Also read: The Halving Month Is Here; What Will Happen to the Bitcoin Price? This week, Google addressed the question with a blog post titled, “Experimenting with Post-Quantum Cryptography,” which looks at how possible computing speeds in the future could compromise encryption, even today. Quantum computing, long a computer science

    Google Experimenting with Crypto for the ‘Post-Quantum Era’

    | 2016/07/08 5:00 am
  • The European Union (EU) parliament has approved a new set of cybersecurity laws, ordering firms in “essential service” industries like banking, health, energy and transport to bolster their defenses against cyber-attacks. Also read: Industry Report: How China, France, and the FBI Do Bitcoin The EU network and information security (NIS) directive represents the first EU-wide standards on cybersecurity. According to an EU parliament statement, they are designed to increase cooperation between member states as well

    New EU Cybersecurity Laws to Cover Online Banking, Markets

    | 2016/07/07 7:43 pm
  • 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