#Bitcoin

Drivechain: The Two-Way Peg Solution for Bitcoin Scalability

October 8, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Blockchain, Finance, News, Platform

As the world is becoming more and more aware of cryptocurrencies, their popularity and adaptation are also on the rise. The rise in adoption has also brought to light the inefficiencies with regards to keeping up with the increasing demand. While bitcoin blockchain stills look to be healthy for now,...

What Will the Hackers Congress Paralelní Polis 2018 Have in Store?

The Hackers Congress Paralelní Polis 2018 Day Three Round-Up

October 8, 2018 by Liam J Kelly at Bitcoin, Development, News, Tech

The last day in Prague served as a final reminder of the wider reach of decentralization. If the first two days explained the more technical aspects of how best to achieve a multi-node organizational strategy, the October 7, 2018, presentations explained the philosophy on top of them. Different systems of...

Economic Crisis in Argentina Provides Opportunity for Bitcoin ATM Providers

October 8, 2018 by Cindy Huynh at Altcoins, Bitcoin, Finance, News, Platform, Tech

According to cryptocurrency ATM providers Athena Bitcoin and the Odyssey Group, by the end of 2018, Argentina could have up to 30 Bitcoin ATMs. Reuters published an article on October 4, 2018, mentioning that these cryptocurrency ATM providers are keen to tap into the South American market and take advantage...

Under-Regulated Cryptocurrency Era to Come to an End Soon as Regulators Speeden Crypto-Legislation

October 7, 2018 by Cindy Huynh at Bitcoin, Blockchain, Business, News, Regulation, Tech

Although the cryptocurrency industry currently lacks robust regulations, this will quickly change as the industry matures over time. According to an Asia Times article published on October 4, 2018, regulations surrounding cryptocurrencies will grow at a significantly fast rate as regulators attempt to place old frameworks on new and emerging technologies....

The Hackers Congress Paralelní Polis 2018 Day Two Round-Up

October 7, 2018 by Liam J Kelly at Bitcoin, Development, News, Tech

Day two of The Hackers Congress continued to shed light on the liberty fighting technologies emerging from decentralization. Naturally, observers recognize Bitcoin as the king of both freedom and innovation, but there are many other means (and reasons) for dismantling centralized structures. From the presentations, spectators gained a better insight...

$50,000 Bitcoin ATM Scam Surfaces in Australia

October 7, 2018 by Cindy Huynh at Bitcoin, Business, Finance, News, Platform, Tech

In Melbourne’s West, scammers posing as debt collectors conned victims to deposit over $50,000 into a Bitcoin ATM. According to The Sydney Morning Herald’s article published on October 5, 2018, the four victims who were believed to be migrants, were threatened with an arrest if they failed to pay the...

American Rapper Soulja Boy Drops Track Dedicated to Cryptocurrency and Bitcoin

October 7, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Finance, News, Platform, Tech

American rapper Soulja Boy’s new album Young Drako released October 4, 2018, contains a track dedicated to the largest cryptocurrency on the market, bitcoin. The track ‘Bitcoin’ is listed fourth on the album and makes direct claims to the amount of money the artist has purportedly earned off the digital...

U.S. Justice Department Accuses Russia of Funding Cyberattacks With Bitcoin

October 6, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Crime, Finance, News, Tech

A Justice Department indictment against seven Russian military officers filed in July 2018 contains new allegations that Russia used bitcoin to fund its cyber attacks, MarketWatch reported on October 4. Russians Meddled with the 2016 Presidential Election The Justice Department indictment against seven Russian military officers for a series of...

Yale Endowment Fund Invests in Cryptocurrency and Bitcoin-Focussed Venture Funds

October 6, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, Investment, News, Platform

David Swensen, whose investing success with Yale's endowment has earned him the nickname of Yale's Warren Buffet, has made his first big bets on cryptocurrency by investing in two venture funds, CNBC reported on October 5. Influential Endowment Manager Jumps on the Crypto Bandwagon David Swensen, the chief investment officer...

Circle Targets new Cryptocurrency Investors with “Collections”

October 6, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Finance, Investment, News, Platform, Tech

Peer to peer payments company Circle has announced a new feature for its Circle Invest cryptocurrency investment platform, called Collections. The option, available to all users with immediate effect, will allow an investor to purchase a group of cryptocurrencies at once. For now, Circle is offering three cryptocurrency categories, or...

Hacker Gets Away With Proverbial Peanuts After Successfully Breaching the Pigeoncoin Network

October 6, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Crime, News, Tech

After spending a whole day breaching and stealing from the Pigeoncoin network, a hacker managed to get away with tokens worth only $15,000. The attack reportedly took place on Sep 27, 2018, and was carried out by exploiting a bug in the Bitcoin code. The Vulnerability Exploited was not in...

The Hackers Congress Paralelní Polis 2018 Day One Round-Up

October 6, 2018 by Liam J Kelly at Bitcoin, Development, News, Tech

The fifth rendition of The Hackers Congress Paralelní Polis (HCPP18) opened on October 5, 2018, in Prague, Czech Republic. The three-day event welcomed a fusion of developers, artists, politicians, and activists into one cryptic-centric location to discuss the year’s theme: New Order. Two Sides of a New Order The opening...

Here’s why Cryptocurrency Donations are on the Rise

October 6, 2018 by Cindy Huynh at Altcoins, Bitcoin, Crime, Finance, News, Platform, Tech

There are many large charity organizations accepting cryptocurrencies as donations despite cryptocurrencies being highly volatile. According to The Asia Times, charities are accepting cryptocurrency donations because, over the past few years, many mega-wealthy donors have opted to donate assets such as cryptocurrencies so that they can reap mostly charitable tax...

South Korean Crypto Exchange Bithumb to Purportedly Set up Decentralized Subsidy

October 6, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Exchange, News

South Korea’s crypto exchange heavyweight Bithumb has announced that it was all set to launch a decentralized exchange in a bid to cater to its overseas expanding base in the coming few months, reported Business Korea on October 5, 2018. Autonomous Operations Although the exchange is yet to put the...

New Zealand: Crypto Exchange Cryptopia Doubles its 1 Million User Base in Less Than a Year

October 6, 2018 by Priyeshu Garg at Bitcoin, Business, Exchange, Finance, News, Platform, Tech

Cryptopia, the host of the world's largest range of cryptocurrencies, has increased its worldwide user base by 116 percent since December 2017, and is now counting more than 2 million users, the company announced in a press release on October 4, 2018. Cryptopia Accelerates International Growth by More Than 100...

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