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Bitcoin Cash Announces Bitcoin Abc Upgrade to Enable Massive On-Chain Scaling

August 23, 2018 by Nuno Menezes at Altcoins, Bitcoin, Blockchain, Development, News

The Bitcoin Cash team recently announced a new fork that will replace Segwit for a new scalable method capable of making the blocksize adjustable. On August 20, 2018, Bitcoin Cash announced the release of Bitcoin ABC 0.18.0. With this new implementation, Bitcoin Cash is aiming to create an easy-to-use currency...

Bitcoin Dealer Charged with International Money Laundering

August 23, 2018 by Cindy Huynh at Bitcoin, Crime, News, Regulation

A 21-year-old Bitcoin dealer is currently being prosecuting for illegal money transmission and money laundering. According to the Department of Justice in the Southern District of California, Jacob Burrell Campos was arrested in August 2018, as he attempted to enter the United States from Mexico. He was ordered to be...

Much Slippage: “HODL” Drops in Google Trends’ Score as Crypto Slump Continues

August 23, 2018 by Priyeshu Garg at Bitcoin, Business, Commentary, Finance, News

A popular internet slang term that began its life as a typo on Reddit seems to be nearing the end of its popularity in what many will no doubt see as emblematic of the broader crypto market slowdown. Bloomberg reported on August 20, 2018, that based on information from Google...

Millionaire Loses $2.3 Million Worth of Bitcoin for Counterfeit Euros

August 23, 2018 by Cindy Huynh at Bitcoin, Crime, Finance, News, Regulation

A South Korean businessman has unfortunately lost $2.3 million worth of bitcoin after he exchanged the cryptocurrency for crude, photocopied fake Euros. The Hard Fork reported on August 20, 2018, that a Serbian man and his accomplice managed to lure the South Korean businessman with the false intention of investing...

eToro Brings Bitcoin to Football

August 23, 2018 by Guest Post at Bitcoin, Entertainment, Exchange, Investment, News

Seven Premier League clubs to be paid in cryptocurrency in landmark partnership deals with eToro. Global investment platform eToro has launched partnerships with seven Premier League clubs including Tottenham Hotspur in landmark deals paid using bitcoin. eToro will partner with Brighton & Hove Albion F.C., Cardiff City F.C., Crystal Palace...

China’s First Cryptocurrency Exchange Denies Affiliation with BTCC

August 23, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Exchange, Finance, News

In an August 17, 2018, announcement, BTCChina, the oldest cryptocurrency exchange in China, has denied any affiliation with BTCC and its newly launched utility token. China's Largest Crypto Exchange Responds to Rumors Following reports that BTCChina, the longest running cryptocurrency exchange in China, had issued a utility token, the company's...

Andreas Antonopoulos Speaks about Bitcoin Mining, Scaling, and The Future of Cryptocurrencies

Not Your key, not Your Coin, Says Antonopoulos about Bitcoin ETF

August 23, 2018 by Eric Czuleger at Bitcoin, Commentary, Finance, Investment, News

Tech entrepreneur and Bitcoin evangelist Andreas Antonopoulos has warned that the much-awaited crypto exchange-traded fund (ETF) would perpetuate a flood of new capital into the market. He believes this could actually increase the volatility while decreasing individual control. A Growing Community Cryptocurrencies are now squarely in the mind of potential...

Hackers Now Use Android Phones and Smart TVs to Mine Cryptocurrency

Hackers Are Still Cryptojacking Smartphones to Mine For Cryptocurrencies

August 22, 2018 by Cindy Huynh at Altcoins, Bitcoin, Crime, Mining, News

Security experts recently discovered that hackers are now mining for cryptocurrencies using smartphones. On August 22, 2018, The Daily Mail reported the growing problem and highlighted the need to protect users’ smartphones. Security researchers from the IT firm ESET noted that these hackers exploit the processors in smartphones by embedding...

Authority man findin a cryptocurrency mining machine

Chelan County PUD Looking to Increase Energy Rate for Bitcoin Mining by 7 Cents Per KWH

August 22, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Business, Mining, News, Regulation

On August 20, 2018, cryptocurrency miners in the Washington state held another round of public comment with the electricity providers to discuss the proposed power rate increment. However, nothing good came out of the meeting as the Public Utility District (PUD) officials have postponed the hearing. Bitcoin Miners Lament According...

Why Crypto Has always Needed a Bitcoin Bank

August 22, 2018 by Liam J Kelly at Altcoins, Bitcoin, Blockchain, Finance, News, Tech

The political aspects of the pioneer cryptocurrency bitcoin also came with a bag of aesthetic values. Anarchist literature, Occupy Wall Street sentiments, and the tearing down of the big banks propelled Satoshi Nakamoto’s innovation back in 2009. Now, many of the catchphrases of this seemingly bygone era are still in...

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