• Bitcoin mining centralization has been a point of concern in the community for a while now. People are worried that the growing size of mining firms will continue until one of them attains 51% or more of the network’s hashing power. Although a firm holding the majority of the hashing power would not inherently compromise the network, it would certainly centralize the creation of bitcoin and the confirmation of transactions. Such centralization opens the door

    The Economics of Bitcoin Mining Centralization

    | 2015/04/20 5:00 pm
  • Litecoin will go down in the digital currency history books as the second cryptocurrency to ever employ a different algorithm than Bitcoin’s. Ever since Litecoin’s creation, we have seen many Scrypt-based alternate currencies emerge, yet Litecoin will always remain the very first to do so, cementing its legacy. However, it looks like a rebrand is in order for Litecoin. Also read: Litecoin Association Takes Step Forward and Launches Litecoin.com Litecoin: First Scrypt Coin, Little Innovation Since Many

    Litecoin Undergoes Changes With Official Branding Guide

    | 2015/04/20 3:00 pm
  • Bitcoin continued to decline from the $240s earlier this week, hitting a floor at around $220. The price is currently retesting new levels between $220 and $230, but that seems to be a losing battle with the price still trending downwards. Also read: Bitcoin Market Wrap Up: 4/5-4/15: BTC, LTC, and Dash Down, Crave Cut Short Volume has also been quite low this week, reaching slightly over $15 million for today’s 24 hour trading volume. This

    Bitcoin Market Wrap Up 4/12 – 4/19: Market Patterns Continue, Crave Bounces Back

    | 2015/04/20 8:00 am
  • For a coin that hasn’t even officially launched yet, NeuCoin has been making strides to be a consumer-friendly cryptocurrency with a focus on micropayments. NeuCoin markets itself on being the first cryptocurrency that: makes it easy for regular consumers to access and use is free for consumers to try out with zero friction is designed for online micropayments (from $.01 to $1), an area where traditional payment methods are unviable or inefficient is distributed not just to miners,

    Neucoin Announces Presale to be Held on April 28

    | 2015/04/19 7:00 pm
  • This week, Bitcointalk administrator Theymos, contacted every participant in several discussions over the Butterfly Labs case. The reason for this contact was a court decision in which the Bitcointalk admin was forced to reveal information regarding the case. Also Read:  US Goverment shuts down Butterfly Labs! Early this week, Theymos received a subpoena related to the BFL case (FTC Case No. 14-CV-2159-KHV-JPO) forcing him to release private messages connected to BFL. Theymos later opened a thread and sent an email to

    Bitcointalk Court Ordered to Release Butterfly Labs Messages

    | 2015/04/19 3:00 pm
  • The Chamber of Digital Commerce will host an Anti-Money Laundering (AML) Compliance Bootcamp for Digital Currency in New York City on April 30 – May 1, 2015. On May 2, a separate AML Program Drafting Workshop will be held as well. The bootcamp and workshop are meant to provide education on AML and OFAC compliance specifically for bankers and professionals in the digital currency industry. Also Read: Oliver Janssens and the Bitcoin Foundation’s Woes The Chamber

    Chamber of Digital Commerce to Host AML Compliance Bootcamp

    | 2015/04/19 8:00 am
  • Singapore-based Interpol Global Complex for Innovation (IGCI) is developing its own cryptocurrency. The purpose of this project is to help personnel gain a first-hand understanding of what cryptocurrency is and how it is being used for cyber crime. The IGCI houses the international police’s first digital crime centre and cybercrime research and development capabilities. Also read: Kaspersky and INTERPOL Say Blockchain is Vulnerable Dr. Madan Mohan Oberoi announced this project, among others, at the “Interpol World” conference

    Interpol Creates its Own Cryptocurrency to Fight Virtual Currency Crime

    | 2015/04/19 3:45 am
  • Coinify, the company that allows merchants to accept Bitcoin payments in next-day settlements, has entered into a partnership with PensoPay. PensoPay a service that enables free, instant settlements in a fraud-free and chargeback free Bitcoin payment environment.As a result of this partnership, PensoPay has become a Coinify Certified PSP Partner.  Also Read: vibist In a press release, Coinify, announced, “Effective as of March 15, 2015, the agreement entitles PensoPay the right to promote, advertise, and sell the

    Coinify Signs PSP Partner Agreement with PensoPay, Helps Merchants Accept Bitcoin Payments

    | 2015/04/18 7:00 pm
  • On April 17, 2015, Synereo and Factom announced their new partnership. Synereo, the new decentralized social network platform, will integrate Factom’s time stamped immutable ledger for publishing and verifying digital data. Also Read: Factom Partners With Coinapult Peter Kirby, President of Factom, stated: “This is a great opportunity to use Factom’s blockchain technology to build identity and reputation tools and explore new ways of looking at the attention economy. Synereo’s social contracts will benefit greatly from Factom,

    Factom Announces Partnership With Synereo

    | 2015/04/18 3:00 pm
  • The Ghent Bitcoincity event is almost here, and the time has come to give one last overview of what the organizers have in store for us tomorrow. At this point in time, we know there will be two walking routes to choose from, both of which will take you past the biggest retailers. It will undoubtedly be a fun day with lots of like-minded people to put Belgium on the global Bitcoin map. Also read: Inside

    Belgium Prepares for Ghent Bitcoincity

    | 2015/04/18 8:00 am
  • Bitcoin has been caught in the crosshairs of many politicians around the globe, which can be both a curse and a blessing at the same time. Some politicians will openly embrace Bitcoin – or at least as long as it fits their agenda – while others will call Bitcoin “a financial instrument that should be avoided at any cost.” Whether you are into politics or not, the upcoming presidential elections in the United States could

    New York’s BitLicense Faces Competition From Rand Paul Event

    | 2015/04/17 11:45 pm
  • Neucoin recently released a white paper arguing that Proof of Stake (PoS) is superior to Bitcoin’s high costs, mining centralization, and ever-increasing costs of bitcoin mining hardware. Also read: Is Neucoin the Strongest Altcoin Opening in 2015 Thus far? Neucoin’s white paper also highlights the scalability of PoS vs. PoW. The paper argues that PoW transactions need to increase 100 times in order to maintain the current incentive for bitcoin mining. “We designed NeuCoin’s high PoS rates

    Neucoin Releases Whitepaper on Proof of Stake, Looks to Improve on Current Designs

    | 2015/04/17 3:00 pm
  • Bitcoin and gaming go very well together, and that partnership has a ton of potential to become a major force to disrupt the current financial infrastructure. And we are not just talking about regular PC gaming here, but also online gambling and even mobile games. Coingaming.io, a white-label Bitcoin casino solution software provider, has announced a platform for QuickFire mobile games. Also read: BitCasino.io Adds Microgaming Games via QuickFire in a Bitcoin Industry First Coingaming.io:

    CoinGaming To Launch QuickFire Mobile Gaming Platform

    | 2015/04/16 8:45 pm
  • Trusted Bitcoin news and tech review source Bitcoinist.net is pleased to announce a significant investment to expand its operations, and a new partnership with the leader in the Bitcoin conference industry; Inside Bitcoins.  Bitcoinist.net, a Bitcoin media company founded in early 2014 and dedicated to being an independent voice for the cryptocurrency community, is pleased to announce an additional investment round into the company. Bitcoinist has been a cornerstone of the Bitcoin industry, providing news

    Established Bitcoin Media Platform Bitcoinist.net Receives Significant VC Investment And Announces Inside Bitcoins Partnership

    | 2015/04/16 6:47 pm
  • As a merchant considering accepting Bitcoin payments, you might find yourself wondering how doing so will benefit your business. Not only does Bitcoin give you a hassle-free option of expanding your customer base on a global scale, but the transactions incur fewer fees compared to traditional payment methods. And if it’s up to Tether and GoCoin, Bitcoin payment processing will become completely free of charge. Also read: Factom and Tether Announce Partnership Tether: Protection Against Bitcoin Volatility

    Accepting Bitcoin Made Easier By Tether And GoCoin

    | 2015/04/16 3:00 pm
  • First Global Credit, the world’s first Finance Company 100% focused on digital currency products, has appointed Jon Matonis as a Non-Executive Director. Announcing the appointment, Gavin Smith, Chief Executive and Founding Director of First Global Credit said that he is delighted to welcome Jon to the Board. Also read: Deutsche Banker Starts New Bitcoin Exchange in Brazil Gavin Smith said, “We have found we share a mutual vision for both the future of Bitcoin and

    First Global Credit Appoints Jon Matonis Non-Executive Director

    | 2015/04/16 8:00 am
  • Inside Bitcoins New York will be held in NYC on April 27-29, 2015. The largest event of its kind, Inside Bitcoins promotes and explores blockchain technology and is attended by the most influential names in the digital currency industry. The speakers of the upcoming event will provide insights on bitcoin technology and offer their own unique perspectives on the most pressing bitcoin topics. Also Read: Inside Bitcoins Berlin 2015 – Video Broadcast Sarah Martin to Speak on

    Inside Bitcoins New York: Sarah Martin to Speak on Day 3

    | 2015/04/15 7:00 pm
  • Bitcoiners all agree that the blockchain technology could be quite beneficial to everyone living on this planet, and that the time to start experimenting with its potential is now. Many still see Bitcoin as the prime use of blockchain technology, but that doesn’t stop other teams of developers and enthusiasts from creating their own blockchain projects. One of these projects is called NEM (New Economy Movement) which offers something entirely different from Bitcoin. Also read: NEM: New Economy

    New Economy Movement Focuses on Equal Opportunities

    | 2015/04/15 3:00 pm
  • Bitcoin enables users to do a multitude of things, one of which is remitting money overseas quickly and at a low cost. This capability is why Bitcoin currently has the most potential in emerging markets, where impoverished and unbanked people rely heavily on remittances from family members in other countries. BuyBitcoin.ph, a Bitcoin exchange platform for citizens in the Philippines, hopes to take advantage of this potential. Also read: Palarin Brings a Coinbase-Like Bitcoin Exchange to The Philippines

    Satoshi Citadel Industries Acquires BuyBitcoin.ph

    | 2015/04/15 8:00 am
  • Sfards recently announced the completion of tape out and now are announcing their testing results. The results look good being that the chip is 28nm and processes both SHA-256 and Scrypt algorithms. Formed from Gridseed and WiiBox, Sfards has the dual miner experience from Gridseed as a base with the controller tech of WiiBox. Depending on the density of each unit they could do very well. Also Read: SFARDS (formerly Gridseed) Announced World’s First 28nm

    Sfards Shares Chip Test Results, Will Open Source Design

    | 2015/04/15 4:40 am
  • One of our sponsors, Paycoinpoker.com has an exciting update as well as evidence to debunk the fact that players were claiming that they were being cheated by the site. It is important that all claims be taken seriously; however, given the evidence provided, it is very clear that the reader that accused Paycoinpoker.com for scamming them, was in fact trying to cheat the website. I will explain this in depth as well as provide the

    PaycoinPoker Rebrands to CryptoPoker and Details Hack and New Features

    | 2015/04/14 7:00 pm
  • Ever since Olivier Janssens exposed negative information regarding the Bitcoin Foundation’ financial situation, one pressing question has risen remains: who will fund the Bitcoin core developers if the Foundation collapses? It looks like the answer to that question may come from Mobbr, a crowdfunding startup that has launched a project dedicated to paying every Core developer. Also Read:  Oliver Janssens and the Bitcoin Foundation’s Woes Mobbr: A Crowdpayment Site Similar to other crowdfunding platforms, Mobbr relies on

    Mobbr Wants to Help People Fund Bitcoin Core Development

    | 2015/04/14 3:00 pm