• 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
  • MIT’s Media Lab unveiled a vending machine that accepts bitcoin with a quirky twist — it was stocked solely with Soylent. Also read: Krypton Aims at More Secure Smart Contracts After Ethereum Fork Soylent and Bitcoin? A picture of the vending machine was tweeted out by MIT’s own Ethan Zuckerman last night. In it, you can see the machine was mostly empty aside from a few bottles of Soylent. The vending machine even comes equipped with

    This Bitcoin Vending Machine Is Sending Weird Signals About the Future

    | 2016/07/29 5:00 am
  • We sat down with Andrew Vegetabile for the episode 6 of the Bitcoinist Podcast, And discussed the Litecoin Roadmap, Their recent trademark fight, Steem, the DAO Hardfork, and more. Subscribe via RSS feed, Soundcloud, gPodder, Stitcher, or have a listen here: [advanced_iframe securitykey=”f2a82584dea78b6db5aa798e0de6aa498fd77c2f” width=”100%” height=”180″ scrolling=”no” frameborder=”no” src=”https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/275053325&auto_play=false&hide_related=false&show_comments=true&show_user=true&show_reposts=false&visual=true”] The podcast is in full swing again, so subscribe with whatever service you prefer, and rest assured that new content is on it’s way. We’ll be putting

    Podcast Episode 6 is Here: Interview with Andrew Vegetabile

    | 2016/07/23 5:09 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
  • ATLANTA, July 1, 2016 — Blockchain-based startup, Smart Defense Technologies, has announced the introduction of Blocksafe, the first ever “smart gun” system that utilizes blockchain technology. Also read: FBI Overstepped Boundaries Again in Silk Road Investigation The Blocksafe infrastructure works for smart devices and locks that mount on guns, allowing gun owners to effectively monitor and control the use of their weapons. Blocksafe Chairman and CEO Kevin Barnes is a military veteran and blockchain developer who

    Smart Guns on the Blockchain, Introducing Blocksafe

    | 2016/07/01 5:07 pm
  • With a current return-on-investment of 10-18% annually, many are wondering how to launch a Dash masternode. Luckily — unlike in the world of mining — detailed information on how to begin is not difficult to come by. But for interested investors who don’t own 1000 Dash now and won’t in the foreseeable future, what is a protocol-level, decentralized solution for the long-term? Also read: Incentivized Model a Healthy Way to Encourage Blockchain Growth? The answer

    Running a Masternode: Setup, Buying Shares, Earning ‘Interest’

    | 2016/06/29 11:53 pm
  • In this day of mass surveillance and privacy awareness, CCTV cameras are often forgotten about. But as it turns out, these monitoring devices can serve an even nefarious purpose, albeit unwillingly. Security researchers uncovered a botnet operating on 25,000 CCTV cameras. This attack targeted a small jewelry store website, which was unavailable for several days. Also read: A Politician from Paris Wants to Ban Bitcoin Although most people are well aware of how CCTV cameras

    Global CCTV Botnet Successfully Executed DDoS Attack

    | 2016/06/29 4:42 am
  • It if were up to Russian policymakers, Internet controls will become even more strict in the country moving forward. Labeled as an anti-terrorism campaign, there are plans to increase online surveillance measures. If this were to happen, ISPs would need to log metadata about customers for at last three years. Should this proposal pass, encryption will not safeguard user privacy anymore in the country. Also read: Bitcoin and Brexit: Did the Great UK Debate Move

    Russian Policymakers Set To Deal Another Blow To Encryption

    | 2016/06/27 4:41 am
  • Cryptocurrency enthusiasts will recall the story of several hospitals being infected with Bitcoin ransomware earlier this year. A new study on how hospitals treat patient privacy and confidentiality shows how malware attacks are not the biggest concern. Poor security practices can be found everywhere, putting patient information at risk unnecessarily. Also read: Necurs Botnet Resurfaces With Updated Locky and Dridex Versions The report, titled Workarounds to Computer Access in Healthcare Organizations, paints a very worrisome

    New Report Shows Healthcare IT Security is On Wobbly Legs

    | 2016/06/25 5:00 am
  • Bitcoinist recently spoke with Angus Champion de Crespigny, Financial Services Blockchain and Distributed Infrastructure Strategy leader at EY, the multinational professional services firm headquartered in London, United Kingdom. De Crespigny has established the firm’s first Digital Currency and Asset Technology group which consults businesses and financial institutions on blockchain and consensus technologies.  Also read: Dash: The Original DAO Angus gives us an inside look at how he feels about private blockchains, the Bitcoin blockchain, and how these

    Financing the Future: EY Blockchain Advisor on Fintech

    | 2016/06/24 5:00 am
  • Bitcoin ransomware threats are once again making the headlines these days. Albeit they are now popular than screen-blocker ransomware, this is not news to be proud of by any means. Malware used on such a large scale will continue to give Bitcoin a bad reputation, even though the cryptocurrency is not at fault for these problems. Also read: Large-Scale Phishing Attack Targets Bitcoin and Web Wallet Users There is nothing more annoying than dealing with

    Bitcoin Ransomware Popularity Increased Spectacularly In 2015

    | 2016/06/23 4:37 am
  • Although malware threats and exploit kits are a significant threat to our society, various types are showing a decrease in activity. Angler, Locky, and Dridex are the three top categories which see less interest all of a sudden. For now, it remains unclear as to why this decrease is taking place, albeit it is possible criminals are turning toward new solutions. Also read: Industry Report: Digital Currency Is Booming Across the Globe Ransomware and malware

    Symantec Report Indicates End of Locky Ransomware Threat

    | 2016/06/18 5:31 am
  • Coinbase and and Coinfabrik join forces, Jaxx integrates with ShapeShift, and more bank heists may be on the way. Want to see what you’ve been missing? Take a look at some of this week’s Bitcoin news below. Also read: Industry Report: Bitcoin Trading Grows, But Security Gets Weaker BANK SECURITY Banks are once again being warned of potential cyber-attacks. This time, the warning comes in light of the hacks that occurred within banking institutions tied to the Swift network,

    Industry Report: Bitcoin Continues Breaking Boundaries

    | 2016/06/14 5:00 am