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BitBrum • November 19, 2017

  Cryptobates Group and Inspiring Co. are delighted to announce Birmingham’s inaugural BitBrum cryptocurrency and blockchain conference to be held…

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Tag: bitcoin ecosystem

Op-Ed: Bitcoin As a People Magnet

Category: Bitcoin, Commentary

Op-Ed: Bitcoin As a People Magnet

We are currently experiencing an unprecedented time in terms of interest in Bitcoin. The price goes up, and everyone wants to be your friend. When the price goes down… crickets. Frankly, I find all of this very amusing. Speaking of the price of bitcoin, the timeline below charting the cryptocurrency’s meteoric price rise is being widely circulated on Twitter. Since…

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Leading VC Firm Raises $1.5 Billion to Fund Bitcoin and Cryptocurrency Startups

Category: Bitcoin, Finance, News

Leading VC Firm Raises $1.5 Billion to Fund Bitcoin and Cryptocurrency Startups

Prominent venture capital firm and growth stage investor Institutional Venture Partners (IVP) has revealed its new $1.5 billion fund that will focus on early-stage startups in the bitcoin and cryptocurrency sectors. Over the past two years, IVP has experienced significant success in funding bitcoin startups. In August 2017, IVP invested $100 million in Coinbase, the world’s largest bitcoin wallet platform…

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The State of Bitcoin in South Africa

Category: Bitcoin, Business, Commentary, News

The State of Bitcoin in South Africa

South Africa has one of the most active bitcoin economies on the African continent, gauged by its bitcoin trading volumes and the amount of bitcoin and blockchain startups it has. South Africa is one of the most developed countries in Africa and has the third largest economy in the continent after Nigeria and Egypt. While its economy has recently struggled…

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Is Wells Fargo Developing A Digital Currency Wall?

Category: Altcoins, Bitcoin, Finance, News

Is Wells Fargo Developing A Digital Currency Wall?

On April 6, two cryptocurrency companies filed a California federal suit against Wells Fargo saying that the megabank is essentially preventing their customers from accessing their money, an estimated $180 million in deposits. iFinex Inc. and Tether Ltd. allege that Wells Fargo recently prevented wire transfers from a number of Taiwanese banks relative to accounts containing their customer funds. This…

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What’s “In Store” For Bitcoin: Stephen Macaskill Speaks From “Down Under”

Category: Bitcoin, Business, Interviews, News

What’s “In Store” For Bitcoin: Stephen Macaskill Speaks From “Down Under”

Stephen Macaskill’s path into the Bitcoin world could be viewed as a bit unconventional. In 2013, while running Amagi Metals, an eCommerce precious metals company that was the first in the industry to accept bitcoin for gold. Armed with a background in monetary theory and financial markets, Macaskill set out to champion bitcoin’s utility in the world of commerce. In…

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SegWit-2MB: The Solution to the Block Size War – or the Submission of Bitcoin to Politics?

Category: Bitcoin, Blockchain, News

SegWit-2MB: The Solution to the Block Size War – or the Submission of Bitcoin to Politics?

Bitcoin developer Sergio Lerner has proposed a compromise, a 2MB hard fork with a SegWit soft fork. The developers are not overly enthusiastic, while some prominent members of the community are thrilled. In older times, when wars were not yet mechanized and digitized, the opposing parties made peace often just for the reason that they have become war-weary. The nations…

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F2Pool: Love Letter for a Hacker

Category: Bitcoin, Blockchain, Commentary, News, Tech

F2Pool: Love Letter for a Hacker

Has this ever happened before? On April 2, a hacker succeeded in kidnapping the hashes of some pool and forwarding them to F2Pool. Since the victims have been miners on AntPool, ViaBTC, and BTC.top, the hack is somehow connected to the block size debate. It must be fun being Wang Chun at this time. The young Chinese administrator of the…

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The State of Bitcoin in Kenya

Category: Bitcoin, Commentary, News

The State of Bitcoin in Kenya

Following bitcoin’s birth in 2009 as a decentralized peer-to-peer payment network with fast transaction speeds and low transaction fees, one of its most predicted future application uses was for international remittance purposes. Many experts envisioned that bitcoin would be a driving force in reducing the costs of international money transfers to developing regions such as Sub-Saharan Africa and, thereby, create…

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Japan Officially Recognizes Bitcoin as Legal Payment Method

Category: Altcoins, Bitcoin, News, Regulation

Japan Officially Recognizes Bitcoin as Legal Payment Method

The bitcoin legalization bill is taken into full effect as of April 1, with Japan officially recognizing bitcoin as a legal payment method. On December 17, local publications including the Japan Times revealed that the country’s Financial System Council proposed a bill which called for the recognition of bitcoin as a legal payment method and requires bitcoin exchanges to register…

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Bitcoin Hard Fork: What is the Chance of Survival for the Weak Chain?

Category: Bitcoin, Blockchain, News, Tech

Bitcoin Hard Fork: What is the Chance of Survival for the Weak Chain?

One chain or two chains? The Bitcoin community fears that the Bitcoin blockchain will split into two persisting chains when Bitcoin Unlimited miners initiate a hard fork, even if it is done with a majority of the hash rate. But is this true? How can the majority chain attack – and how can the minority chain resist? The past days…

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