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Money 20/20 Europe • June 26-28, 2017

European-focused event on Fin-tech, providing an overlook of the disruptive ways in which consumers and businesses manage, spend and borrow…

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Category: Bitcoin

Swiss Villa on Sale for 829 Bitcoin

Category: Bitcoin, Finance, News

Swiss Villa on Sale for 829 Bitcoin

A Swiss real estate agent has offered a Villa in Ticino for 829 bitcoin. That’s the first Swiss Villa sold for bitcoin - but just the tip of the iceberg. Is the leading cryptocurrency on its way to becoming the global currency of the wealthy? Sometimes it is said, bitcoin is no money, because you can’t buy X with it....

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Artist Envisions The Visual Representation Of A Bitcoin

Category: Bitcoin, Entertainment, News

Artist Envisions The Visual Representation Of A Bitcoin

Bitcoin is a digital currency, it does not operate under the rules that govern other currencies and therefore does not take a physical form. However, artist Matthias Dörfelt decided to create a project named Block Bills, as an artistic contribution to the blockchain technology space. Dörfelt unveiled his version of what a bitcoin would look like if it were to...

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Venezuela in Crisis: Bitcoin Remains a Haven

Category: Altcoins, Bitcoin, News

Venezuela in Crisis: Bitcoin Remains a Haven

The inflation rate of the Venezuelan bolivar has increased to triple digits, leading to a financial turmoil which Venezuelans have struggled to cope with over the past two years. As a result, families and households have turned toward bitcoin, a decentralized digital currency, to mitigate the financial damage inflicted by the plummeting value of the Venezuelan bolivar. In January 2017,...

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Understanding Block Weight: How much Capacity does SegWit really Give?

Category: Bitcoin, Blockchain, News

Understanding Block Weight: How much Capacity does SegWit really Give?

With SegWit2x we’ll soon experience the activation of SegWit. Block size will be replaced by block weight, transactions capacity will be increased, and fees will fall. But how exactly and to what scope is not an easy question. In recent weeks the public argument shifted from the question, if SegWit should be activated, to the question of how and when...

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Bitcoin Wallets and Exchanges: Haven for Cybercriminals?

Category: Bitcoin, News, Regulation

Bitcoin Wallets and Exchanges: Haven for Cybercriminals?

It is widely known that Bitcoin has enjoyed immense popularity with underground crime markets because of the anonymity associated with financial transactions. Despite becoming mainstream for traditional businesses and everyday consumer commerce, crypto’s nefarious use remains strong, with ransomware and other criminal actors brazenly seeking to extort payment in bitcoin and underground markets now utilizing a variety of cryptocurrencies. The...

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Blockchain Startup Colu Launches Digitized Local Pound for East London

Category: Bitcoin, Business, News, Tech

Blockchain Startup Colu Launches Digitized Local Pound for East London

Tel Aviv-based blockchain company Colu announced the launch of its second local digital currency in the United Kingdom, named the “Local Pound, East London” (ELP) a digital currency pegged against the British Pound. Colu believes that the key to supporting local businesses and creating an environment where sustainable and equitable economic growth is possible starts with people's ability to exchange...

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Declaring Crypto at the U.S. Border: Say What?

Category: Bitcoin, News, Regulation

Declaring Crypto at the U.S. Border: Say What?

With terrorist activity concerns continuing to escalate, four U.S. senators have proposed legislation that would lead to significantly expanded federal government powers to seize citizen money when traveling to or from the United States. On May 25, a bi-partisan congressional group consisting of Sens. Charles Grassley (R-Iowa), Dianne Feinstein (D-Calif.), John Cornyn (R-Texas) and Sheldon Whitehouse (D-R.I.) introduced to Congress...

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New Zealand Slow to Adopt Cryptocurrencies

Category: Altcoins, Bitcoin, News, Regulation

New Zealand Slow to Adopt Cryptocurrencies

Bitcoin reached a new all-time high in June when it inched close to the $3,000 mark after an impressive six-month rally that saw the cryptocurrency triple in value. Unsurprisingly, bitcoin has been all over the media in the past few months as global adoption and the demand is increasing. However, adoption rates are faster in some countries, such as Japan,...

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SegWit2x Alpha is Out: More than 75 percent of Blocks Signal Support

Category: Bitcoin, Blockchain, News, Tech

SegWit2x Alpha is Out: More than 75 percent of Blocks Signal Support

On June 16, Jeff Garzik announced the Alpha release of SegWit2x. After all, miners who have signed the agreement started to signal for its activation, SegWit2x is nearly instantly backed by more than 75 percent of the hash rate. The activation of SegWit, it seems, is safe - while the hard fork, which is part of the packet, is not....

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Regulations Are Making it Difficult for Cybersecurity Firms to Transact in Bitcoin

Category: Bitcoin, News, Regulation

Regulations Are Making it Difficult for Cybersecurity Firms to Transact in Bitcoin

Due to bitcoin’s pseudo-anonymous nature, which makes it difficult to link transactions to the individuals conducting them, bitcoin has become the new go-to ransom payment method in ransomware attacks. This development has led cybersecurity firms to buy and store bitcoin in case their clients decide to pay the ransom. However, regulations are making it increasingly difficult for cybersecurity specialists to...

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