Category Archives: News

Op-Ed: New York’s Pathetic Attempt to Regulate Crypto

Category: Commentary

Op-Ed: New York’s Pathetic Attempt to Regulate Crypto

My friend D.C. sent this message to a group of us Bitcoiners through a messaging app while visiting N.Y. recently, “I’m in New York and just tried to log onto ShapeShift. This is what I got (on my computer screen).” “CENSORED IN NEW YORK This service is censored in New York State due to regulations which mandate the extraction of…

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Zcash is Blazing a Trail to the Future of Cryptography

Category: Altcoins, News

Zcash is Blazing a Trail to the Future of Cryptography

Zcash developers have made a significant breakthrough in the mathematical development of the proving systems for the shielded addresses that fuel Zcash by introducing a new variation of elliptic curve cryptography which is more efficient and speeds up the hashing process tremendously. This new development will be included with other substantial improvements to Zcash in the Sapling upgrade, and if…

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Cryptocurrency Closure in China Marks Digitization of the Economy

Category: Bitcoin, Commentary, News

Cryptocurrency Closure in China Marks Digitization of the Economy

In a recent interview, associate professor at the Finance Academy of Social Sciences Institute of China, Zhou Ziheng, discussed China’s tough regulatory attitude, the digitization of the economy, and the two great forces of any economy; the public and the private. Cryptocurrency in Limbo Ziheng spoke with associates of Chinese press 8btc.com in regards to the recent market closure on…

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A Prediction for the Near Future: Bitcoin Mining in Space

Category: Bitcoin, Blockchain, News, Tech

A Prediction for the Near Future: Bitcoin Mining in Space

In his blog, Peter Todd explains the difference between pure fantasy and “hard sci-fi”. If you’re not familiar with the latter term, it refers to science fiction with a focus on scientific accuracy. It walks the line between a Robert A. Heinlein novel and a conversation with Carl Sagan. With this in mind, Todd lances his speculation for transporting large…

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Bitmoney.eu making way to Czech Republic, Estonia, and Slovakia with TrustPay as Sixth Payment Method

Category: Press Releases

Bitmoney.eu making way to Czech Republic, Estonia, and Slovakia with TrustPay as Sixth Payment Method

Bitmoney.eu believes that anyone and everyone should be able to acquire bitcoin. Bitcoin guarantees that your money will not disappear, ever. It is incredibly safe and secure to hold as private money, as well as making transactions. Owning bitcoin is as good as gold; bitcoin enthusiasts have called this cryptocurrency digital gold, and rightfully so. While it was declining for…

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Finnish Economists Say Bitcoin Cannot Be Regulated

Category: Bitcoin, News, Regulation

Finnish Economists Say Bitcoin Cannot Be Regulated

The Bank of Finland published a report on September 5 that heaped praise on the complex infrastructure behind Bitcoin that prevents manipulation from unethical agents. Economic Innovation Economists working for The Bank of Finland, Gur Huberman, Jacob Leshno, and Ciamac Moallemi, affirmed that Bitcoin is truly a revolutionary system of currency. The three also point out the great power behind…

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Users Unknowingly Donate CPUs for The Pirate Bay’s Trial of Monero Mining

Category: Altcoins, News, Tech

Users Unknowingly Donate CPUs for The Pirate Bay’s Trial of Monero Mining

Most internet sites generate revenue through advertising. But when you run a pirate website and provide access to films and a whole host of other copyrighted media to the masses, advertising is not a suitable source of revenue. The Pirate Bay has tested an ingenious solution to help keep the website afloat; ‘borrowing’ user’s CPU to mine cryptocurrency, specifically monero,…

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Bitcoin Hits One-Month Low on Chinese Exchange Closures and Jamie Dimon Comments: BTCManager’s Week in Review September 17

Category: News, News Digest

Bitcoin Hits One-Month Low on Chinese Exchange Closures and Jamie Dimon Comments: BTCManager’s Week in Review September 17

The past week was tumultuous for bitcoin holders as the price of bitcoin temporarily collapsed to trade below the $3,000 mark for the first time in over a month. This correction was sparked after JPMorgan CEO Jamie Dimon publicly declared bitcoin a fraud and when Chinese bitcoin exchanges BTCC, ViaBTC, and Yunbi announced their closures. China was once considered the…

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KIBO Lotto: The First Ever Ethereum Blockchain–based Lottery

Category: Entertainment

KIBO Lotto: The First Ever Ethereum Blockchain–based Lottery

The gambling industry has been one of the testing grounds for blockchain technology for a few years now. One of the first gambling platforms using the blockchain technology was Bitcasino.io. After that, there was a batch of sites that allowed players to wage bets appearing from thin air, all of them using the Provably Fair technology were presented. Now, there…

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The Equifax Credit Reporting Breach: Is Blockchain The Answer?

Category: Blockchain, News

The Equifax Credit Reporting Breach: Is Blockchain The Answer?

In a recent development in the U.S. that sent shockwaves through the world of personal finance, credit reporting agency Equifax announced that they had been breached, compromising the personal information of over 143 million Americans. The potential impact of this is profound as it amounts to over 40 percent of the U.S. population. In this attack hackers captured troves of…

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