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Baltic Honeybadger 2017 • November 25-26, 2017

The Baltic Honeybadger conference is the first major event in Latvia dedicated to Bitcoin and the technologies built around it.…

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Tag: ecosystem

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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Metropolis: Byzantine, the First Part of Ethereum’s Planned Hard Fork, Activates October 17

Category: Blockchain, Ethereum, News

Metropolis: Byzantine, the First Part of Ethereum’s Planned Hard Fork, Activates October 17

Recently the first part of the Metropolis hard fork launched on Ethereum’s Ropsten testnet. On October 17, the hard fork is scheduled to go live on main net. To stay part of the network, every user has to update their client. But what does Metropolis actually change? Is the hard fork a big hit – or does it disappoint against…

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LocalMonero: A Vital Fiat Gateway for XMR

Category: Altcoins, News

LocalMonero: A Vital Fiat Gateway for XMR

It has been around one week since the launch of LocalMonero.co and buyers and sellers of the privacy-focused cryptocurrency have already traded monero in many countries around the world. Launched by Monero enthusiasts out of Hong Kong, they based the peer-to-peer marketplace on the popular LocalBitcoins.com. Consequently, monero (XMR) is now easier to buy and sell, as the site allows…

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After Misleading Users, BitPay is Being ‘Forked’

Category: Bitcoin, Business, News

After Misleading Users, BitPay is Being ‘Forked’

A backlash against BitPay for misleading users has resulted in their software being forked, meaning its code will be altered so that users have a Bitcoin Core based option for bitcore. On August 18, Bitcoin developer Nicolas Dourier begun to fork the code from BitPay’s bitcore so that merchants can get paid in bitcoin while avoiding upgrading to SegWit2x, which…

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Egypt’s First Exchange Bodes Well for Bitcoin Adoption

Category: Bitcoin, Finance, News

Egypt’s First Exchange Bodes Well for Bitcoin Adoption

Egypt will see its first bitcoin exchange, Bitcoin Egypt, launch at the end of August. Citizens gain direct access to the cryptocurrency for the first time. International bitcoin exchanges have refused to deal with Egyptian Pound, acting as a barrier to adoption. Acquiring bitcoin can be done via LocalBitcoins or with money exchangers who work with other payment methods. Two…

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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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Birth and Death of Altcoins: Scientists Discover Interesting Patterns in Crypto Markets

Category: Altcoins, Bitcoin, Ethereum, News

Birth and Death of Altcoins: Scientists Discover Interesting Patterns in Crypto Markets

“Bitcoin is not alone.” A recently published paper analyzed the dynamics and pattern of the cryptocurrency markets. The scientists discovered several formulas to describe the market’s behavior – and explained it with a theory of evolution. Everybody who likes both cryptocurrencies and interdisciplinary science will have fun with the paper. It is perfect timing. While the altcoin markets reach new…

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UASF: The Revolt that Will Not Happen

Category: Bitcoin, Blockchain, Commentary, News

UASF: The Revolt that Will Not Happen

The User-Activated Soft Fork (UASF) wants to enforce SegWit against the will of the miners. After the movement had gained a growing momentum, it had to gulp serious drawbacks in the past weeks. Neither exchanges, miners nor Core developers stand behind it. Is this the end of the self-declared user’s revolt? Basically, the whole UASF story is about the question…

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Number of Unconfirmed Transactions Reaches All Time High: Heated Community Discusses Solutions

Category: Bitcoin, Blockchain, Commentary, News

Number of Unconfirmed Transactions Reaches All Time High: Heated Community Discusses Solutions

Never before has the Bitcoin Blockchain seen such a large traffic jam. The number of unconfirmed transactions reached a level, at which it hurts. The Bitcoin economy is not amused; BitPay’s Stephen Pair speaks out with exceptional clarity, while Barry Silbert of the Digital Currency Group tries to establish a broad alliance for a new compromise. At least there is…

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Bitcoin Dominance Index Below 60 Percent For the First Time

Category: Altcoins, Bitcoin, News

Bitcoin Dominance Index Below 60 Percent For the First Time

The Bitcoin dominance index, which demonstrates bitcoin’s market share of the entire cryptocurrency market, recorded an all-time low rate at 59.5 percent on April 30, as shown below. CoinCap, the cryptocurrency index designed and developed by ShapeShift CEO Eric Voorhees, further revealed that the exchange volume dominance index of bitcoin also fell to 42.1 percent, which meant that the greater…

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