• Over 500 people attended a panel discussion to hear Microsoft officials discuss blockchain’s potential for industry disruption. Leading the Blockchain Industry On July 12, Microsoft organized a panel discussion to explain its ambitions for blockchain technology. Two leading Microsoft officials, Yorke Rhodes, global strategist for blockchain, and Craig Hajduk, a principal manager for blockchain engineering, discussed how Microsoft is aiming to be the leading provider of blockchain enterprise services. Over the past two years, the famous

    Microsoft Reveals Ambitious Blockchain Strategy

    | 2017/07/15 6:30 pm
  • Civic, an identity verification project using the Bitcoin blockchain, launched its crowdsale on Wednesday selling tokens for 10 cents each and raising a total of $33 million. The company is co-founded by Vinny Lingham, the entrepreneur behind Gyft. A Secure Way to Verify Your Identity Civic ID fills an identification niche, providing a decentralized method of confirming your identity. What this essentially means is that your personal data is not stored somewhere on a server, vulnerable

    Civic ICO: Two Days and $33 Million in Tokens

    | 2017/06/23 3:00 pm
  • Nvidia, AMD, Intel and Micron as makers of hardware mining tools, such as GPUs and ASIC-based mining solutions, are tapped to profit the most from the new internet gold rush. Heigh-Ho, Heigh-Ho, It’s Off To Work We Go As the price of Bitcoin rises it has the knock-on effect of causing a rise in the rest of the cryptocurrency market with most other altcoins also seeing sizeable gains in value. These coins can be “mined” with

    5 Companies Set to Profit From The Cryptocurrency Gold Rush

    | 2017/06/12 12:00 pm
  • The Bitcoin Wallet used by the Shadow Brokers hacker group was emptied yesterday and now the group is threatening to sell new hacking tools in exchange for the cryptocurrency Zcash. The Shadow Brokers The Shadow Brokers are thought to be a hacker collective who in the summer of 2016 first attempted to sell hacking tools. Tools which exploited vulnerabilities in firewalls, anti-virus software, and Microsoft products. Among these tools was the now infamous Wannacry. The

    The Shadow Brokers Threaten Release of Further Hacking Tools

    | 2017/05/30 1:21 pm
  • Following the success of its Android wallet mobile phone app, blockchain platform NEM Foundation has decided to follow it up with an iOS equivalent. NEM Wallet Now Available for iOS Devices The NEM team has been busy putting the application as well as the platform through an extensive test phase while garnering critical community feedback in the process. Following the completion of the process, NEM iOS app is now available on the Apple App Store.

    NEM Foundation Announces the Release of NEM iOS App on App Store

    | 2017/05/07 6:00 pm
  • Decred is a cryptocurrency project and platform built with the sole purpose of granting its participants the power to guide the ecosystem. This democratic design eliminates the possibility of interference from separate entities or governments. Control in the Hands of the Community The much-anticipated recent release of Decred v1.0 marks the beginning of direct community consensus voting. Decred will be the first cryptocurrency to reappropriate its governing control away from a centralized authority to the

    Decred, The World’s First Fully Democratic Cryptocurrency Platform, Receives an Upgrade

    | 2017/04/30 12:00 pm
  • The law, the U.S. Constitution, and the world of technology are locked in a triple threat steel cage match, literally, as a man in Philadelphia has been in jail for 17 months, and will remain in jail, due to his use of encryption on his personal computer. File Encryption and the Fifth Amendment A former Philadelphia police officer, Francis Rawls, is mired in a legal problem that is testing his convictions and his freedom, according

    Philadelphia Man Jailed for 17 Months Over Encryption of Files

    | 2017/03/21 3:10 pm
  • AppTrade, the Kickstarter-like platform for mobile applications has started its crowdsale. The platform, powered by OpenLedger is offering the APPX digital tokens to interested investors, starting February 28, 2017. The platform, Apptrade creates portfolios of applications that can turn profitable even if one of the apps among the list becomes profitable. This way, investors who are putting their money into the portfolios have better chances of getting rewarded for their contribution. The applications that are

    The Stock Market of Apps, Apptrade Opens Its Initial Token Offering

    | 2017/03/08 2:39 pm
  • Chainwashing is the perfect term, coined by R3’s Tim Swanson to describe the current “Blockchain, not Bitcoin” hype that is hopefully nearing its peak.  Peak Blockchain Hype? There is a lot of hype around Blockchain or Distributed Ledger Technology (DLT) today. According to a new survey by Synechron among 200 financial services business and IT decision-makers across the US, UK and Europe, over two-thirds (67%) of companies in the industry are actively pursuing blockchain initiatives. Moreover, 94%, believe that key leaders

    97% of Blockchain Startups are ‘Chainwashing’ – R3’s Tim Swanson

    | 2017/02/15 12:00 pm
  • The Segregated Witness (SegWit) update has received lukewarm support thus far since it was announced on Litecoin on January 28th. Beyond Bitcoin: ‘Testbed’ for SegWit After Bitcoin, the SegWit scaling update has now been introduced to Litecoin along with some other cryptocurrencies including Vertcoin, Groestlcoin, and Viacoin. Right now, Litecoin miners are in the process of voting on the update. Currently at 3%, support is lower than it is in Bitcoin, which rapidly climbed up to 22% in its first two weeks. The vote has

    Litecoin: SegWit ‘Testbed’ at Risk as Bitcoin Politics Spread

    | 2017/02/08 8:00 am
  • Bitcoin.com pool has lost 13.21 BTC or over $12,000 USD due to a bug in BitcoinUnlimited software, which caused it to mine a block bigger than 1MB. So…What Happened? Bitcoin.com, an information portal, which also provides mining pool services has lost out on 13.2 BTC due to a bug in the Bitcoin Unlimited software, which is used on the pool. Bitcoinist spoke with Bitcoin Unlimited developer Andrew Stone a.k.a. “theZerg” to figure out what really happened: Bitcoinist:

    Bitcoin Unlimited Dev: Bug Caused By ‘Miscounting of Bytes’

    | 2017/01/31 4:30 am
  • After a successful trial, China is one step closer to becoming the first country in the world to issue its own blockchain-based virtual currency. However, it will probably be a far cry from its open-access, transparent and immutable counterpart, Bitcoin. China: ‘YuanCoin’ Trial a Success Following the rise in popularity of the first blockchain-based currency in the world, i.e. Bitcoin, the People’s Bank of China (PBOC) is getting closer to issuing its own, albeit centralized, government-backed sovereign digital

    China Trials Its Own ‘Bitcoin’ But Here’s Why It Will Probably Suck

    | 2017/01/26 11:30 am
  • Blockstream has released a whitepaper detailing the Strong Federations system, the foundation for the Liquid sidechain project to improve privacy, costs, speed of value transfers and settlement among exchanges and brokerages. ‘An Interoperable Blockchain Solution’ Under the leadership of Adam Back, Blockstream has released a whitepaper dubbed “Strong Federations: An Interoperable Blockchain Solution to Centralized Third Party Risks.” The whitepaper delves into the intricacies of the federated pegs system that can be used to attach sidechains to Bitcoin.

    Blockstream Reveals ‘Strong Federations’ to Boost Sidechain Project

    | 2017/01/18 8:30 am
  • Mercedes owner Daimler AG has announced its takeover of PayCash Europe, a provider of Bitcoin payment services alongside others, in a move that will see the corporation venture into mobile payments. Mercedes Buys Bitcoin Services Provider PayCash, which also offers solutions for Bitcoin and cryptocurrencies, is a Luxembourg-regulated licensed e-money transmitter. It will be used by Daimler to launch mobile payments for Daimler products and services under the Mercedes Pay brand. “‘Mercedes pay’ is a fundamental component of

    Mercedes Buys Bitcoin Service Provider in ‘Digitization Strategy’

    | 2017/01/17 7:00 am
  • Amsterdam has introduced the “Contactless Payment Jackets” for beggars, an electronic payment system that allows people to donate to the homeless. Amsterdam Fully Embracing Digital Payments Although the recent demonetization policies are mostly felt in developing countries where the economy is predominantly cash-based, developed countries are actually spearheading the movement. Most recently, the Netherlands have joined the ranks of developed countries like Sweden and Denmark in the war on cash. As a consequence of a society that relies heavily on

    Amsterdam Conscripts Homeless in the War on Cash

    | 2016/12/29 3:00 pm
  • Card fraud at the Point-of-Sale (POS) has been on the rise as the security chip provides little protection for data stored after the purchase, and especially when mobile payments are factored in. This is where tokenization becomes relevant. [Editor’s note: This is a guest article submitted by Lori Ciavarella] Enticing Targets for Cyber Thieves The end of 2013 through to 2014 was a difficult time for merchants and data security. Huge corporations like Target and Home Depot

    Why Tokenization Will Be Key in Protecting Your Payment Data

    | 2016/12/24 1:00 am
  • The Force of Will trading card game continues to spread to the blockchain world, with its new digital token “WILLCOIN.” Created as a Counterparty asset, players can acquire Willcoins in limited numbers starting November 28. Also read: Happy Holidays: Bitcoin Price to Double by Christmas? Force of Will (FoW) will sell a total 20,000 Willcoins in four batches of 5,000. The first batch starts at 0.0062 BTC per token, though the price will rise incrementally

    Force of Will Goes Digital With Tradeable Blockchain Game Assets

    | 2016/11/23 2:54 pm
  • Some tricky new malware is infecting Mac users by imitating legitimate software. The “Advanced Mac Cleaner,” professes to be an anti-malware tool in order to sneak onto Mac computers. Also read: Mycelium May Roll out P2P Tumbling Soon New Malware Targeting Mac Users Bitcoinists who use Macs ought to be especially concerned, as the malware specifically targets Mac users by mimicking an anti-malware tool designed for Macs. Malware can be used to steal private keys

    New Malware Sneaking Onto Mac Computers, Bitcoinists Be Warned

    | 2016/08/20 3:42 pm
  • New data coming from eMarketer’s latest worldwide retail forecast shows that this year, China will manage to surpass the US and become the world’s largest retail market, with sales of over $4.886 trillion, compared to the average sum of $4.823 trillion in the US. Also read: Chinese Attack on Bitcoin Core Doubtful Due to Asia’s growing number of online shoppers, reports indicate that this year alone, the entire continent will spend a record $1 trillion,

    China to Become World’s Largest Retail Market Thanks to Ecommerce

    | 2016/08/20 11:49 am
  • If you even casually follow security news, you’re aware that the key governing Microsoft Secure Boot has been found, exploited, and Secure Boot as a “feature” has been rendered meaningless. I’m here to tell you that this is a good thing. Also read: GTX 1070 Ethereum Mining Review Most coverage of the subject has been written in that panicky, alarmist prose that makes for exciting news, but the problem is that the invalidation of Secure

    Why The Windows Secure Boot Hack Is a Good Thing

    | 2016/08/19 3:00 pm
  • Nimirum is a completely decentralized forum platform powered by blockchain technology. We will be creating an autonomous system with no moderators or admins where everyone is equal. Studies from freedomhouse.org show censorship on the internet has increased as of 2015. For that reason, a platform like nimirum is vital for the good of the internet. Since the platform is powered by blockchain tech, there will be 100% uptime. If you post something on the Nimirum

    Nimirum.org – on a mission to end online censorship with blockchain technology

    | 2016/08/12 5:00 am
  • The decentralized digital content distributor, DECENT, is getting ready to launch its ICO in September. People can already participate in the ICO, though, through the project’s bounty system. Also read: Bet on MMA with Bitcoin: UFC Fight Night 21 DECENT ICO and the Bounty System According to Matej Budo, the ICO will begin September 10th, but for now, people can engage in bounties to participate in the pre-ICO campaign that allows people to earn DECENT

    DECENT Bounty System Allows Users to Earn Coin before ICO Launch

    | 2016/08/06 5:00 am
  • Svante Lehtinen sat down with Bitcoinist to talk about the proposed HEAT ledger. Billed as a ‘blockchain 3.0 technology,’ The project claims to improve upon current blockchain technologies by dramatically improving transaction speeds through a synthesis of proof-of-stake and proof-of-work. Lehtinen is the project leader of HEAT and an experienced entrepreneur of 20 years. He is also the founder of the 2.0 cryptocurrency, FIMK, and the COB of the nonprofit Krypto Fin ry association. Also

    Blockchain 3.0 Technology: Project Leader on the New HEAT Ledger

    | 2016/08/04 12:38 pm