• Blockstream has unveiled a Lightning Network app or ‘Lapp’ as the user-friendliness of the revolutionary Bitcoin technology continues to increase. Blockstream Takes On Content Control The first of seven so-called ‘lapps’ – or Lightning apps – FileBazaar allows content creators to offer digital items such as photos on a pay-per-view basis. They then use the Lightning Network to receive payments from consumers to view the content. Lightning Network popularity is surging in 2018, with over

    Lightning Network Can ‘Redefine Global Trade’ By 2021 as ‘Lapp’ Launches

    | 2018/03/23 12:30 pm
  • The Prime Minister of Malta has publicly welcomed the world’s largest cryptocurrency exchange Binance as it announces it is relocating to the country. Maltese PM To Binance: ‘Welcome To Malta’ In a fresh move confirmed by CEO Zhao Changpeng March 23, Binance will set up an office in the European nation and will close the requisite banking partnerships “soon,” Bloomberg reports. Binance has continued its astronomical rise which saw it overtake all other global exchanges’

    Binance Moves To Malta As Prime Minister Issues Public Welcome

    | 2018/03/23 6:15 am
  • Bitcoin fell $500 in hours to hit two-day lows March 22 after news broke Japanese regulators may ban the world’s largest cryptocurrency exchange, Binance. Co-Founder Ye Not Concerned UPDATE: Binance CEO Changpeng Zhao has responded to the news on Twitter stating that the source showed “irresponsible journalism” as the crypto exchange is currently in “constructive talks” with the FSA and did not receive any mandates so far. Nikkei showed irresponsible journalism. We are in constructive dialogs

    Bitcoin Price Falls As Markets React To (False) Japan Binance Threat [UPDATED]

    | 2018/03/22 7:30 am
  • Crypto hours is a Russian initiative in honor of Earth Hour on March 24 is looking to make the world’s cryptocurrency miners switch off their rigs for an hour. Switching Off For Ecological Awareness As various local news outlets report, the so-called ‘Crypto Hour’ (‘Kripto Chas’) is being organized in order to highlight the ecological impact of mining and encourage the industry to develop more eco-friendly methods of minting coins. The event comes at a

    ‘Crypto Hour’ Wants Bitcoin Miners To Switch Off March 24

    | 2018/03/19 6:00 pm
  • Thursday’s unveiling of the first Bitcoin mainnet-ready Lightning Network (LN) tool, ‘Lightning Network Daemon’ (‘lnd’) promises several transformations of the Bitcoin user experience. LN Goes Mainstream Released to acclaim from well-known cryptocurrency figures and users alike, lnd’s beta brings simpler connection to LN to a host of excited developers. “With this release, lnd has gained a considerable feature set, deeper cross-implementation compatibility, a new specialized wallet seed, comprehensive fault-tolerance logic, a multitude of bug fixes,

    3 Revolutions The Lightning Network Beta Release Will Bring To Bitcoin

    | 2018/03/16 1:00 pm
  • The first official beta implementation of the Lightning Network (LN) went live March 15 as developer Lightning Labs announced it had won $2.5 million in funding from some big-name investors. Lightning’s Mainnet Milestone The Lightning Network Daemon (styled ‘lnd’), which enables easy access to LN for developers, represents the first mainnet beta release for the technology, which is tipped to revolutionize Bitcoin’s use as a currency. “This release is also the first release of lnd

    Lightning Network Goes Live with $2.5M Funding from Twitter CEO, Tesla & SpaceX Investor

    | 2018/03/15 1:00 pm
  • Coinbase has told the US that regulators “already have sufficient authority” over cryptocurrency as the exchange and wallet provider passes 20 million users. Coinbase Aims For ‘Effectiveness’ At Congress Speaking at the increasingly notorious Congress hearing on cryptocurrency March 14, during which one senator appeared to suggest Bitcoin stops the government “controlling” the US dollar, Coinbase’s chief legal and risk officer said regulators should instead focus on simplifying the landscape. “We believe there is no

    Coinbase To Congress: We Don’t Need More US Cryptocurrency Regulators

    | 2018/03/15 10:00 am
  • Controversial Bitcoin debit card issuer Monaco has finally begun closed beta testing after almost two years of development. MCO Token Spikes After Months Of Tracking Bitcoin Originally founded in June 2016, Monaco promises cryptocurrency spending at “perfect interbank exchange rates” but faced controversy after failed deals and drastic reworking of its product offering late last year. Now, the company’s MCO token has regained some of the ground it lost since the time of Bitcoin’s own

    Controversial Monaco Debit Card Progresses After 2 Years Of Delays

    | 2018/03/12 1:30 pm
  • Bitcoin mining operations have officially commenced today at Marathon Patent Group, Inc.’s new mining facility in Quebec, Canada.  Marathon, and a Sprint Marathon Patent Group, Inc. has commenced mining operations in Quebec. According to reports from NASDAQ via Globe Newswire, Marathon had previously announced the purchase of 1,400 Bitmain Antminer S9 miners — commonly known simply as Antminer S9s — on Feb. 8. A week later, Marathon announced that it had leased 26,700 square feet

    Marathon Launches Massive Bitcoin Mining Operation in Quebec

    | 2018/03/12 11:30 am
  • Cryptocurrency users continue to complain about unfair fees imposed by payment processors, with one calling out BitPay for charging a 0.2% transaction fee. BitPay ‘Lying About Network Cost’ During a purchase from Canadian merchant Newegg, which users BitPay as a processor, developer Jorge Timon additionally criticized BitPay’s practice of implying altcoin Bitcoin Cash (BCH, also known as ‘BCash’) is the same as Bitcoin (BTC). “Sad to see BitPay lie about ‘network cost’ of both bitcoin

    Is BitPay Lying About ‘Network Cost’ as Bitcoin Fees at Record Lows?

    | 2018/03/09 5:00 pm
  • Despite concerns over volatility and security, research has shown that the vast majority of businesses are open to using cryptocurrency for business transactions, and that positive awareness is being raised over cybersecurity. Business Sense In their push towards mainstream adoption, Bitcoin and cryptocurrency continue to solidify themselves in the minds of business owners everywhere — who are increasingly more open to utilizing cryptocurrency for business transactions. A study by Neustar International Security Council (NISC) has

    Despite Security Concerns, Vast Majority of Businesses Interested in Cryptocurrency

    | 2018/03/08 9:00 am
  • Mainstream cryptocurrency adoption is one of the biggest problems which this sector faces today. Coinbase’s newly announced cryptocurrency index attempts to tackle this issue. Although awareness of cryptocurrency has skyrocketed over the last year, there has yet to be real moves toward widespread adoption. So far, many traditional investors have been quite adamant in not joining the cryptocurrency and blockchain space as an investor. This hesitation may be due to the risk and volatility of

    Coinbase Launches Index Fund: A Gateway for More Investors

    | 2018/03/08 5:00 am
  • SegWit (segregated witness) Bitcoin transactions are at an all-time high, and Bitcoin transaction fees are the lowest they have been in months. What factors contributed to this sudden change? For new users of Bitcoin, SegWit may seem like a meaningless buzzword that does not hold any value. But, for those aware of what it is, it means so much more. SegWit is a relatively new improvement to the current Bitcoin network that hopes to solve

    The Arrival of SegWit: Bitcoin’s Saving Grace?

    | 2018/03/07 4:30 pm
  • Bitcoin mining rig manufacturer Halong Mining has announced its AsicBoost patent has joined the Blockchain Defensive Patent License (BDPL) scheme. Bitcoin Network Gets ‘Friendly’ AsicBoost The highly-anticipated move, which challenges existing mining monopoly of competitor Bitmain, could revolutionize Bitcoin mining, with Litecoin creator Charlie Lee describing it as a “huge development.” Halong’s acquired patent differs from Bitmain’s “covert” AsicBoost technology, which caused outrage in Bitcoin circles last year, the patent representing a way of saving

    ‘Huge Development’: Overt AsicBoost Patent Crushes Bitmain Mining Monopoly

    | 2018/03/07 8:30 am
  • Goldman Sachs-backed startup Circle made waves earlier this week when it acquired cryptocurrency exchange Poloniex. A couple of experts share their thoughts on the implications for the soon-to-be first compliant US crypto exchange and its customers. Most Crypto Exchanges ‘Over-Regulate Themselves’ As the dust settles on Circle’s acquisition of Poloniex, U.S. regulators are keeping a close eye on KYC/AML compliance of cryptocurrency exchanges. Joseph Weinberg, OECD Think Tank Special Advisor and Chairman of Shyft, a

    So Why Did Goldman Sachs-Backed Circle Really Buy Poloniex?

    | 2018/02/28 10:00 am
  • Circle, the peer-to-peer payment services startup, has reportedly bought exchange Poloniex for $400 million. Job Done Between Circle And Polo According to Fortune editor Robert Hackett who leaked the news in advance, an official statement will follow Monday. The takeover means a cryptocurrency exchange is now under direct ownership of a Goldman Sachs funded company. Hackett wrote on Twitter earlier this morning: Rumors have swirled in recent weeks that Circle has been in talks to

    Goldman Sachs-backed Circle Buys Poloniex Cryptocurrency Exchange for $400M

    | 2018/02/26 11:30 am
  • Until quite recently, most cryptocurrency investors either did not know or did not care to pay taxes on the capital gains they accumulated buying and selling digital coins. The cryptocurrency community is now facing a hard truth: they have to pay taxes just like all the rest of us. [Editor’s note: This is a guest article by Mario Costanz, CEO of Crypto Tax Prep] Virtual currencies exploded onto the investment scene last year, due in

    The New Normal: Cryptocurrency Goes Mainstream This Tax Season

    | 2018/02/18 7:30 am
  • While governments worldwide drag their feet and argue over cryptocurrency legislation, various states in the US are vying to become the blockchain capitol of the country. Arizona aims to allow state taxpayers the ability to pay their fair share with Bitcoin, while Tennessee looks to officially legitimize cryptocurrency purchases by making them legal on paper. Now, Wyoming is throwing its hat into the ring, with four blockchain boosting pieces of legislation up for consideration. Blockchain

    Wyoming Welcomes Bitcoin Industry with Blockchain-Friendly Bills

    | 2018/02/15 6:30 pm
  • Looking for a job? Better yet, looking for a job that could actually make you rich in the future? Well, Bitcoin just became the fastest growing skill for freelancers in the world.   Bitcoin Skills? Did everybody else arrive at the bitcoin party that much earlier than you? Does your trading strategy feel like a scientific proof of Murphy’s law? Perhaps you still haven’t bought your first Lambo? Well don’t worry, I have a tip for

    The Other Way to Get Rich with Bitcoin

    | 2018/02/14 2:00 pm
  • A new Blockchain app seeking to introduce Lightning Network compatibility for Coinbase users has debuted its alpha demo. Could Coinbase Users Get Lightning? Lightning Ramp acts as a middleman service, allowing users of major exchanges to benefit from Lightning Network improvements in transaction fees and faster processing times. As Lightning gains huge mainnet traction among the Bitcoin community, currently operating almost 2000 channels, demand from users for better transaction experiences on Coinbase in particular also

    New App Links Coinbase With Lightning Network as Frustration Continues

    | 2018/02/14 9:30 am
  • Instant cryptocurrency conversion platform ShapeShift was forced to apologize Tuesday after it referred to Bitcoin as “Bitcoin Core.” Voorhees: ‘It Was A Mistake’ The mislabelling, which repeated across ShapeShift’s social media suite, came as it announced a partnership with Roger Ver’s Bitcoin.com to enable the resource’s wallet users to switch between Bitcoin (BTC) and Bitcoin Cash (BCH). The rivalry between Bitcoin and Bitcoin Cash proponents has continued in 2018, with the latter, in particular Bitcoin.com

    Alliance Shift? ShapeShift Apologizes After ‘Bitcoin Core’ Blunder

    | 2018/02/14 5:30 am
  • South Korea is now considering a licensing scheme for cryptocurrency exchanges in a major U-turn on its previous suggestion to ban them. Govt. To Debate ‘Exchange Approval System’ As local news media outlet Business Korea reports Monday, lawmakers from a dedicated “cryptocurrency task force” are examining the option of following in the footsteps of New York and Japan in vetting exchange operators before allowing them market entry. The New York scheme is several years old

    South Korea ‘Positively Considering’ Cryptocurrency Exchange Licenses

    | 2018/02/13 5:00 am
  • Well-known cryptocurrency traders have reacted with excitement to news decentralized cryptocurrency exchange Hodl Hodl has launched its public BETA. Hodl Hodl Sets Price Of Avoiding KYC At 0.6% The p2p platform, which offers traders decentralized exchange functionality for Bitcoin and Litecoin, announced its limited debut February 11. “For now, we are opened in BETA-mode until July of 2018, which means a lot of new features are coming soon, with the main functionality of the exchange

    Hodl Hodl Launches P2P Bitcoin Exchange Without KYC (But Not For US Citizens)

    | 2018/02/12 8:30 pm