Analyst: Like Amazon, Bitcoin Offers a Lucrative Multi-Decade Investment Opportunity

Bitcoin News

2017. Jun. 23. 01:00

Analyst: Like Amazon, Bitcoin Offers a Lucrative Multi-Decade Investment Opportunity

A financial analyst looked closely at the spikes in Amazon’s stock price and bitcoin recently. While detailing similarities between the two investments, he explains why bitcoin may be one of the most lucrative trading opportunities for decades. Also read: Most Popular Contactless Smart Cards in Japan Adding Bitcoin Hardware Wallets Bitcoin is Most Lucrative Education consultant and

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PR: iDice June Development Update

Bitcoin News

2017. Jun. 22. 23:50

PR: iDice June Development Update

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. It has been two and a half months ago since the

The post PR: iDice June Development Update appeared first on Bitcoin News.

GDAX Exchange Sees Colossal ETH Flash Crash, Angered Traders Mount Lawsuit

Bitcoin News

2017. Jun. 22. 23:26

GDAX Exchange Sees Colossal ETH Flash Crash, Angered Traders Mount Lawsuit

Details have surfaced of a violent flash crash on Global Digital Asset Exchange’s (GDAX) ETH markets today, with Ethereum tokens being sold for prices as low as $0.10. Amidst a dramatic uproar from angered traders, some are attempting to mount a class action lawsuit against the company. Also Read: Australian Financial Authorities Look Into Ethereum’s

The post GDAX Exchange Sees Colossal ETH Flash Crash, Angered Traders Mount Lawsuit appeared first on Bitcoin News.

BitInka Announces Expansion of Bitcoin-Based Payment-App Services Across Latin America

Bitcoin News

2017. Jun. 22. 22:00

BitInka Announces Expansion of Bitcoin-Based Payment-App Services Across Latin America

Bitinka, a platform that allows users from 9 South American nations to purchase and sell bitcoins, has announced significant uptake of Inkapay, Bitinka’s bitcoin-based payment app for the Latin American markets. Also Read: Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued Bitinka Has Announced That Its Popular Bitcoin-Based Payment App, Inkapay, Will See

The post BitInka Announces Expansion of Bitcoin-Based Payment-App Services Across Latin America appeared first on Bitcoin News.

Yet Another Mainstream Journalist Makes Bizarre Attempt at Living for a Week Using Bitcoin

Bitcoin News

2017. Jun. 22. 19:00

Yet Another Mainstream Journalist Makes Bizarre Attempt at Living for a Week Using Bitcoin

CNBC journalist Seema Moody recently published a report detailing the trials and tribulations of her attempt to live for a week solely using bitcoin as currency. This report, and others like it, fail to represent the actual ease with which one can exclusively use bitcoin as a money commodity, and spreads myths about the impracticality

The post Yet Another Mainstream Journalist Makes Bizarre Attempt at Living for a Week Using Bitcoin appeared first on Bitcoin News.

Mainstream Journalist Makes Bizarre Attempt at Living On Bitcoin for a Week

Bitcoin News

2017. Jun. 22. 19:00

Mainstream Journalist Makes Bizarre Attempt at Living On Bitcoin for a Week

CNBC journalist Seema Moody recently published a report detailing the trials and tribulations of her attempt to live for a week solely using bitcoin as currency. This report, and others like it, fail to represent the actual ease with which one can exclusively use bitcoin as a money commodity, and spreads myths about the impracticality

The post Mainstream Journalist Makes Bizarre Attempt at Living On Bitcoin for a Week appeared first on Bitcoin News.

Coinbase Appeals Decision in Cryptsy Collapse Lawsuit

CoinDesk

2017. Jun. 22. 18:35

Coinbase Appeals Decision in Cryptsy Collapse Lawsuit Coinbase is appealing a court decision from earlier this month in a lawsuit filed on behalf of customers of Cryptsy.

Source

Illicit Cryptocurrency Use Targeted in Proposed 2018 FBI Budget

CoinDesk

2017. Jun. 22. 17:25

Illicit Cryptocurrency Use Targeted in Proposed 2018 FBI Budget Cryptocurrency is being cited by the FBI as a reason it needs to increase its spending in an effort to combat more advanced cybercrime.

Source

South Korean Officials Bash ICO:s and Plan to Approach Bitcoin ‘Cautiously’

Bitcoin News

2017. Jun. 22. 17:00

South Korean Officials Bash ICO:s and Plan to Approach Bitcoin ‘Cautiously’

On June 18, government officials from South Korea revealed some opinions concerning cryptocurrency ‘speculation’ taking place in the region. Also read: Korea Steadily Becoming a Cryptocurrency and Fintech Hub  Speculation and Unreasonable Profits South Korean financial regulators and government agencies have been watching and researching the use of digital currencies within the country. According to the

The post South Korean Officials Bash ICO:s and Plan to Approach Bitcoin ‘Cautiously’ appeared first on Bitcoin News.

US Government Seeks Blockchain Solutions for Contract Bidding System

CoinDesk

2017. Jun. 22. 16:45

US Government Seeks Blockchain Solutions for Contract Bidding System The US government’s main logistical agency is looking at blockchain as a way to re-envision its contract review process.

Source

Chainalysis Says They’ve Found the Missing $1.7 Billion Dollar Mt Gox Bitcoins

Bitcoin News

2017. Jun. 22. 16:04

Chainalysis Says They’ve Found the Missing $1.7 Billion Dollar Mt Gox Bitcoins

On June 8 the U.S. House Financial Services Subcommittee on Terrorism and Illicit Finance discussed the possible connection between cryptocurrencies and criminal activity. The hearing also revealed law enforcement officials know the “destination” of the missing 650,000 BTC lost during the Mt Gox insolvency. Also Read: Global Bitcoin ATM Proliferation Nearly Doubled During May Missing

The post Chainalysis Says They’ve Found the Missing $1.7 Billion Dollar Mt Gox Bitcoins appeared first on Bitcoin News.

Bitcoin Games Amazing Summertime 10% Cashback Bonus

Bitcoin News

2017. Jun. 22. 15:00

Bitcoin Games Amazing Summertime 10% Cashback Bonus

To celebrate the beginning of summer and make things a lot more exciting we are offering Bitcoin Games players who register their email 10 percent cashback on all their losses. Also Read: 70 Percent of the Bitcoin Hashrate Begins Signaling Segwit2x Hundreds of Bitcoins Paid Out to Lucky Players All Around the World Our entertainment

The post Bitcoin Games Amazing Summertime 10% Cashback Bonus appeared first on Bitcoin News.

IMF's Lagarde Touts Distributed Ledger as Defense Against Terror

CoinDesk

2017. Jun. 22. 14:53

IMF's Lagarde Touts Distributed Ledger as Defense Against Terror The head of one of the world's largest financial organizations has issued new comments addressing blockchain trends.

Source

Identity without the Blockchain? Skepticism Grows for Once-Hot Use Case

CoinDesk

2017. Jun. 22. 14:30

Identity without the Blockchain? Skepticism Grows for Once-Hot Use Case Launched at the UN, the ID2020 Alliance is seeking to revolutionize identity, but will blockchain be the technology of choice?

Source

Bitcoin Startup Blockchain Raises $40 Million Series B

CoinDesk

2017. Jun. 22. 13:08

Bitcoin Startup Blockchain Raises $40 Million Series B Bitcoin wallet software startup Blockchain has raised $40m in Series B funding to continue its mission of improving financial services.

Source

BITCF and SAMCO to Install Automated Check-Cashing Bitcoin ATMs in California

Bitcoin News

2017. Jun. 22. 13:00

BITCF and SAMCO to Install Automated Check-Cashing Bitcoin ATMs in California

First Bitcoin Capital Corp (BITCF) and Simple Automated Money, Inc (SAMCO) have announced a partnership to introduce check-cashing Bitcoin ATMs into Northern California’s high traffic markets. Also Read: Global Bitcoin ATM Proliferation Nearly Doubled During May The Partnership With SAMCO Will Begin With a Trial of 3 Check Cashing Kiosks in Northern California First Bitcoin

The post BITCF and SAMCO to Install Automated Check-Cashing Bitcoin ATMs in California appeared first on Bitcoin News.

Buddhist Monks Said to Be Targeted by Bitcoin Pyramid Scheme

CoinDesk

2017. Jun. 22. 13:00

Buddhist Monks Said to Be Targeted by Bitcoin Pyramid Scheme A bitcoin-focused pyramid scheme appears to have targeted Buddhist meditation practitioners in Thailand, according to a local news source.

Source

Power to the User: Accenture and Microsoft Are Changing Identity with Ethereum

CoinDesk

2017. Jun. 22. 12:00

Power to the User: Accenture and Microsoft Are Changing Identity with Ethereum Centralized ways to prove identity may now have an expiration date, thanks to a new blockchain prototype jointly built by Microsoft and Accenture.

Source

Power to the User: Accenture & Microsoft Are Changing Identity with Ethereum

CoinDesk

2017. Jun. 22. 12:00

Power to the User: Accenture & Microsoft Are Changing Identity with Ethereum Centralized ways to prove identity may now have an expiration date, thanks to a new blockchain prototype jointly built by Microsoft and Accenture.

Source

What's Blockchain? HSBC Survey Finds 59% of Consumers Don't Know

CoinDesk

2017. Jun. 22. 11:00

What's Blockchain? HSBC Survey Finds 59% of Consumers Don't Know A recent survey from the UK-based bank suggests that ordinary consumers are still largely in the dark about blockchain tech.

Source

Bitcoin Wallet Blockchain.Info Raises $40 Million From Well-Known Investors

Bitcoin News

2017. Jun. 22. 08:59

Bitcoin Wallet Blockchain.Info Raises $40 Million From Well-Known Investors

The popular online bitcoin wallet, Blockchain.info, has announced the completion of a successful series B funding round by raising $40 million. The company started its services back in 2011 and aims to continue making digital currencies easier to use for everyday people. Also Read: State of Montana Funds Bitcoin Mine to Bolster Local Jobs Blockchain Raises

The post Bitcoin Wallet Blockchain.Info Raises $40 Million From Well-Known Investors appeared first on Bitcoin News.

Bitcoin Wallet Blockchain Raises $40 Million From Well-Known Investors

Bitcoin News

2017. Jun. 22. 08:59

Bitcoin Wallet Blockchain Raises $40 Million From Well-Known Investors

The popular online bitcoin wallet, Blockchain.info, has announced the completion of a successful series B funding round by raising $40 million. The company started its services back in 2011 and aims to continue making digital currencies easier to use for everyday people. Also Read: State of Montana Funds Bitcoin Mine to Bolster Local Jobs Blockchain Raises

The post Bitcoin Wallet Blockchain Raises $40 Million From Well-Known Investors appeared first on Bitcoin News.

Hackers Use NSA Exploit to Mine Monero Using Victims’ Computers

Bitcoin News

2017. Jun. 22. 04:00

Hackers Use NSA Exploit to Mine Monero Using Victims’ Computers

Reports have surfaced detailing a malware trojan that uses an NSA hacking tool to infect Windows computers with a cryptocurrency mining bug. The virus identifies available resources on a victim’s PC that can be used to initiate the mining of XMR (Monero). The Trojan Was First Reported by Russian Antivirus Dr.Web Bleeping Computer has reported

The post Hackers Use NSA Exploit to Mine Monero Using Victims’ Computers appeared first on Bitcoin News.

Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With Bitcoin

Bitcoin News

2017. Jun. 22. 01:00

Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With Bitcoin

US cannabis merchants could soon have a major new service to accept payments using bitcoin, which would sidestep the federal ban on cannabis businesses using bank accounts. Also read: Washington State Bill to Ban Bitcoin for Pot Fails Funding Acquired Singlepoint Inc. is a publicly traded holding company based in Phoenix, Arizona, that focuses on

The post Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With Bitcoin appeared first on Bitcoin News.

$13: Ether Prices Plunge in GDAX Exchange Flash Crash

CoinDesk

2017. Jun. 21. 23:11

$13: Ether Prices Plunge in GDAX Exchange Flash Crash Ether's price plunged to $13 on GDAX amid signs the Ethereum network is struggling with growing usage.

Source

Status ICO Generates Over $60 Million, Fails to Deliver, Triggers Ethereum Overload

Bitcoin News

2017. Jun. 21. 23:00

Status ICO Generates Over $60 Million, Fails to Deliver, Triggers Ethereum Overload

A decentralized messaging app called Status — built on the Ethereum blockchain — raises over $60 million dollars during its initial coin offering campaign. However, as soon as the sale started the network became congested, and the Status team was unable to immediately provide everyone with their promised tokens.  Also read: Bitstamp Initiates Litecoin Trading Function as the Currency’s

The post Status ICO Generates Over $60 Million, Fails to Deliver, Triggers Ethereum Overload appeared first on Bitcoin News.

Startups See Service Outages Amid Ethereum Blockchain Backlog

CoinDesk

2017. Jun. 21. 21:25

Startups See Service Outages Amid Ethereum Blockchain Backlog The ethereum network's transaction backlog has ensnared a number of cryptocurrency exchanges.

Source

Unicode Consortium Adds Official Bitcoin “B” Symbol

Bitcoin News

2017. Jun. 21. 21:00

Unicode Consortium Adds Official Bitcoin “B” Symbol

On June 20 the Unicode Consortium revealed new version 10.0. They finally added the bitcoin symbol to their code. Now users can type the “B” symbol with their keyboards. The updated version has 8,518 new characters, with a total of 136,690. The Unicode site also mentions they have new scrips and emoji characters.  Also read: New

The post Unicode Consortium Adds Official Bitcoin “B” Symbol appeared first on Bitcoin News.

Bitstamp Initiates Litecoin Trading Function as the Currency’s Price Surges

Bitcoin News

2017. Jun. 21. 20:00

Bitstamp Initiates Litecoin Trading Function as the Currency’s Price Surges

European digital currency exchange Bitstamp rolled out Litecoin trading on Monday. The trading function will be accomplished by using trading pairs. It is paired with USD, EUR, and BTC. Now customers are able to effectively trade Litecoin via Bitstamp’s service.  Also read: China Blames Bitcoin Transactions for Leading to More Synthetic Drug Deaths Bitstamp’s official press release

The post Bitstamp Initiates Litecoin Trading Function as the Currency’s Price Surges appeared first on Bitcoin News.

NSA 'DoubleStar' Backdoor Blamed for Cryptocurrency Mining Malware

CoinDesk

2017. Jun. 21. 19:30

NSA 'DoubleStar' Backdoor Blamed for Cryptocurrency Mining Malware A type of cryptocurrency mining malware has spread due to an exploit developed by the US National Security Agency.

Source

State-Funded Bitcoin Data Center Infuriates Montana Locals

Bitcoin News

2017. Jun. 21. 19:10

State-Funded Bitcoin Data Center Infuriates Montana Locals

Citizens of Bonner have complained to their local council about noise pollution coming from a state-funded data processing center owned by Project Spokane LLC – a blockchain security company. Also Read: State of Montana Funds Bitcoin Mine to Bolster Local Jobs “It’s a Horrendous Noise,” Elaine Nagle Who Lives Near the Site Told Local News

The post State-Funded Bitcoin Data Center Infuriates Montana Locals appeared first on Bitcoin News.

Porsche Names Winner of Blockchain Startup Contest

CoinDesk

2017. Jun. 21. 18:30

Porsche Names Winner of Blockchain Startup Contest German automaker Porsche has revealed the winner of a blockchain startup competition first announced in April.

Source

Investment Legend Bill Miller Still Bullish on Bitcoin

Bitcoin News

2017. Jun. 21. 18:00

Investment Legend Bill Miller Still Bullish on Bitcoin

In a recent interview with CNBC, investment legend Bill Miller described bitcoin as “a true disruptor and true innovation in money”. Also Read: Global Bitcoin ATM Proliferation Nearly Doubled During May Miller Revealed That He and His Son Are Still Highly Bullish on Bitcoin Famed investor Bill Miller discussed his thoughts on bitcoin with CNBC

The post Investment Legend Bill Miller Still Bullish on Bitcoin appeared first on Bitcoin News.

China's ZhongAn Unveils Blockchain Tech for Food Supply Chain

CoinDesk

2017. Jun. 21. 17:15

China's ZhongAn Unveils Blockchain Tech for Food Supply Chain One day you may be able to check where your chicken was bred, raised, processed and examined.

Source

Bitcoin.com Cloud Mining Contracts — Record Daily Sellouts

Bitcoin News

2017. Jun. 21. 17:00

Bitcoin.com Cloud Mining Contracts — Record Daily Sellouts

This past May, Bitcoin.com launched our cloud mining service which was met with phenomenal success. Since then we’ve had significant demand, with cloud mining contract sales consistently outpacing supply. Furthermore, we’ve also had a bunch of customers tell us the excellent results they’ve seen with our premiere cloud mining plans. Demand for Hashrate Follows Bitcoin’s

The post Bitcoin.com Cloud Mining Contracts — Record Daily Sellouts appeared first on Bitcoin News.

New Bitcoin.com Podcast Episode with Stefan Thomas of Ripple Labs

Bitcoin News

2017. Jun. 21. 16:30

New Bitcoin.com Podcast Episode with Stefan Thomas of Ripple Labs

During this week’s Bitcoin.com podcast our host, Richard Jacobs, sits down with Stefan Thomas, CTO of Ripple Labs to discuss his company’s “real-time gross settlement protocol” Ripple (XRP). Also read: New Bitcoin.com Podcast Episode with Charlie Shrem and Anthony Di Iorio of Jaxx Currently, traditional settlement times for international bank transfers can cost a lot of

The post New Bitcoin.com Podcast Episode with Stefan Thomas of Ripple Labs appeared first on Bitcoin News.

Cambodia's Central Bank Pushes Ahead with Blockchain Payments Trials

CoinDesk

2017. Jun. 21. 16:15

Cambodia's Central Bank Pushes Ahead with Blockchain Payments Trials The National Bank of Cambodia has said it will continue to develop interbank payment solutions using blockchain tech.

Source

PBOC Will Not Release Regulations for Chinese Bitcoin Exchanges Anytime Soon

Bitcoin News

2017. Jun. 21. 16:00

PBOC Will Not Release Regulations for Chinese Bitcoin Exchanges Anytime Soon

Local Chinese publications reported last month that the People’s Bank of China (PBOC) will issue regulatory guidelines for Chinese bitcoin exchanges in June. However, last week, the bank reportedly dispelled the rumor and confirmed that no bitcoin regulations will be released this month. Also read: Regulations for Chinese Bitcoin Exchanges Expected in June, Withdrawals Could Soon

The post PBOC Will Not Release Regulations for Chinese Bitcoin Exchanges Anytime Soon appeared first on Bitcoin News.

No ICO: Hedge Fund Numerai Releases Blockchain Token But Skips the Funding

CoinDesk

2017. Jun. 21. 15:10

No ICO: Hedge Fund Numerai Releases Blockchain Token But Skips the Funding Autonomous hedge fund startup Numerai is releasing a new token today, though in a way that deviates from recent market trends.

Source

IBM Announces Blockchain Truck-Tracking Solution with Colombian Partner

CoinDesk

2017. Jun. 21. 15:00

IBM Announces Blockchain Truck-Tracking Solution with Colombian Partner IBM has teamed up with Colombian logistics firm AOS to develop a solution that uses blockchain and the Internet of Things to track deliveries.

Source

GPU Shortage Intensifies as Cryptocurrency Mining Offers up to Twice the Average Russian Monthly Wage

Bitcoin News

2017. Jun. 21. 14:00

GPU Shortage Intensifies as Cryptocurrency Mining Offers up to Twice the Average Russian Monthly Wage

European consumers in general and especially russian consumers have faced massive graphics card shortages following a dramatic increase in demand for cryptocurrency mining hardware. With some miners claiming that they can make up to $1600 USD a month and the average Russian wage sitting at less than $700 USD monthly it is unlikely that demand will

The post GPU Shortage Intensifies as Cryptocurrency Mining Offers up to Twice the Average Russian Monthly Wage appeared first on Bitcoin News.

Armed with an Ethereum ICO, Can Kik Succeed Where Facebook Failed?

CoinDesk

2017. Jun. 21. 13:30

Armed with an Ethereum ICO, Can Kik Succeed Where Facebook Failed? Social media platform Kik opens up about its plans to launch a cryptocurrency, saying the move could fulfill long-held business goals.

Source

New York Regulator Reports on Cryptocurrency Licensing, Inspects Businesses

Bitcoin News

2017. Jun. 21. 12:00

New York Regulator Reports on Cryptocurrency Licensing, Inspects Businesses

An annual report by the New York State Department of Financial services reiterates the importance of regulating digital currency businesses. The report was released on June 15, and it summarizes the departments activities with regards to its Bitlicense regulation for crypto-companies.  Also read: Australian Financial Authorities Look Into Ethereum’s Conflicts of Interest It said cryptocurrencies provide

The post New York Regulator Reports on Cryptocurrency Licensing, Inspects Businesses appeared first on Bitcoin News.

Uniform Law Commission Sets Date for Debate on Digital Currency Regime Rules

CoinDesk

2017. Jun. 21. 12:00

Uniform Law Commission Sets Date for Debate on Digital Currency Regime Rules The creators of model digital currency regulation for use by US lawmakers are set to convene to discuss key obstacles to their work in July.

Source

Uniform Law Commission Sets Date for Debate on Digital Currency Rules

CoinDesk

2017. Jun. 21. 12:00

Uniform Law Commission Sets Date for Debate on Digital Currency Rules The creators of model digital currency regulation for use by US lawmakers are set to convene to discuss key obstacles to their work in July.

Source

IBM Announces Blockchain Truck-Tracking Solution

CoinDesk

2017. Jun. 21. 11:55

IBM Announces Blockchain Truck-Tracking Solution IBM has teamed up with Colombian logistics firm AOS to develop a solution that uses blockchain and the Internet of Things to track deliveries.

Source

Markets Update: Bitcoin Price Climbs Higher After Last Week’s Low

Bitcoin News

2017. Jun. 21. 11:22

Markets Update: Bitcoin Price Climbs Higher After Last Week’s Low

Since our last markets update bitcoin’s fiat value dipped 30 percent throughout the second week of June. Following the correction, the price of bitcoin started moving back up on June 16th taking 15 percent off the previous day’s downfall. The price has been moving up the ladder ever since and is testing the $2780 range

The post Markets Update: Bitcoin Price Climbs Higher After Last Week’s Low appeared first on Bitcoin News.

A Bitcoin Scaling Upgrade: How It Could Finally Happen (And How It Could Fail)

CoinDesk

2017. Jun. 21. 11:00

A Bitcoin Scaling Upgrade: How It Could Finally Happen (And How It Could Fail) As various scaling proposal deadlines loom, bitcoin is either on the verge of the biggest change in its history, or its biggest political failure.

Source

Ayondo to Offer Bitcoin Trading Through Tradehub and Wetrade

Bitcoin News

2017. Jun. 21. 09:00

Ayondo to Offer Bitcoin Trading Through Tradehub and Wetrade

Ayondo have joined the growing list of mainstream contracts for difference (CFD) brokers who are offering bitcoin trading, with Ayondo announcing that bitcoin pairings will be available through its social trading platform Wetrade in addition to Tradehub. Also Read: HYCM Offer Bitcoin-USD Pairing Bitcoin Trading Will Also Be Made Available by Ayondo via Wetrade and

The post Ayondo to Offer Bitcoin Trading Through Tradehub and Wetrade appeared first on Bitcoin News.

Indian Government to Monitor Bitcoin Before Deciding If Regulator Is Needed

Bitcoin News

2017. Jun. 21. 07:00

Indian Government to Monitor Bitcoin Before Deciding If Regulator Is Needed

Representatives of various Indian government departments have made statement regarding the Indian government’s inquiry into virtual currencies. The statements clarify that Indian officials will first monitor cryptocurrency before determining if regulators are needed, and elude to the possibility that bitcoin may be recognized as a form of payment. Also Read: India Cracks Down on Illegal

The post Indian Government to Monitor Bitcoin Before Deciding If Regulator Is Needed appeared first on Bitcoin News.

How to Piggy Bank Bitcoin Keys in a Cold Storage Mosaic Artwork

Bitcoin News

2017. Jun. 21. 04:00

How to Piggy Bank Bitcoin Keys in a Cold Storage Mosaic Artwork

Just recently Bitcoin.com chatted with Max Hampton-Fischer, an industrial design student at the Rhode Island School of Design to talk about his new physical bitcoin creation. Fischer has created a piece of artwork that also safely stores bitcoin keys in what he calls the ‘Bitcoin Cold Storage Mosaic.’ Also read: State of Montana Funds Bitcoin Mine

The post How to Piggy Bank Bitcoin Keys in a Cold Storage Mosaic Artwork appeared first on Bitcoin News.

Forbes Encourages Readers to Buy Bitcoin at All-Time Highs

Bitcoin News

2017. Jun. 21. 01:00

Forbes Encourages Readers to Buy Bitcoin at All-Time Highs

An article posted in Forbes’ Level-Up encouraged its readers to buy into bitcoin, despite bitcoin’s price currently sitting within range of its all-time high, following gains of several hundreds of percent over the course of the preceding year. The Forbes owned magazine’s article highlights a consistent pattern among mainstream media outlets’ coverage of cryptocurrency, in

The post Forbes Encourages Readers to Buy Bitcoin at All-Time Highs appeared first on Bitcoin News.

ICO Blues: Status Raises $64 Million (So Far) But Leaves Buyers Waiting

CoinDesk

2017. Jun. 20. 23:20

ICO Blues: Status Raises $64 Million (So Far) But Leaves Buyers Waiting A much-anticipated ICO helped a project called Status raise more than $60m in funds, though many would-be buyers were left locked out.

Source

UK Regulator Warns Investors Bitcoin Trading is Risky

Bitcoin News

2017. Jun. 20. 22:00

UK Regulator Warns Investors Bitcoin Trading is Risky

A high ranking UK regulator recently warned people about the pitfalls and perils of bitcoin investing. Chris Woolard, The Financial Conduct Authority’s executive director of strategy and competition, said there are many trades happening in the cryptocurrency and bitcoin space. He just wants investors to know there are risks with speculating in digital assets, that

The post UK Regulator Warns Investors Bitcoin Trading is Risky appeared first on Bitcoin News.

You Can Now Type the Bitcoin 'B' Symbol in Unicode Text

CoinDesk

2017. Jun. 20. 21:20

You Can Now Type the Bitcoin 'B' Symbol in Unicode Text A decades-old computer character standard has been updated with a symbol for bitcoin.

Source

China Blames Bitcoin Transactions for Leading to More Synthetic Drug Deaths

Bitcoin News

2017. Jun. 20. 20:00

China Blames Bitcoin Transactions for Leading to More Synthetic Drug Deaths

China is expected to ban a new synthetic heroin substance called U-47700, and they blame bitcoin as the currency “criminals” use to conduct transactions with their customers. They tend to think anonymous bitcoin trades on the dark web lead to people’s deaths at the hands of these synthetics. Also read: HYCM Offers Bitcoin-USD Pairing A June 19th article

The post China Blames Bitcoin Transactions for Leading to More Synthetic Drug Deaths appeared first on Bitcoin News.

Illinois Government Sponsors Month-Long Blockchain Hackathon

CoinDesk

2017. Jun. 20. 20:00

Illinois Government Sponsors Month-Long Blockchain Hackathon The state of Illinois is backing an upcoming blockchain hackathon. The IBI Hack, a month-long virtual hackathon set to begin on 1st July, is being organized by the Illinois Blockchain Initiative along with blockchain technology startup Fulcrum. The event is open to students and recent university graduates from around the world, with all entries due on 31st […]

Source

PR: How Ethereum Is Used in CTFs (Coin Traded Funds) and What the Benefits Are

Bitcoin News

2017. Jun. 20. 19:00

PR: How Ethereum Is Used in CTFs (Coin Traded Funds) and What the Benefits Are

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Thanks to blockchain technology and the rise of cryptocurrencies, investment scenarios

The post PR: How Ethereum Is Used in CTFs (Coin Traded Funds) and What the Benefits Are appeared first on Bitcoin News.

Comcast, Disney and NBCUniversal: Media Giants to Launch Blockchain Ad Platform

CoinDesk

2017. Jun. 20. 18:50

Comcast, Disney and NBCUniversal: Media Giants to Launch Blockchain Ad Platform US telecom giant Comcast has announced a new blockchain platform focused on advertising.

Source

Comcast, Disney, NBC: Media Giants to Launch Blockchain Ad Platform

CoinDesk

2017. Jun. 20. 18:50

Comcast, Disney, NBC: Media Giants to Launch Blockchain Ad Platform US telecom giant Comcast has announced a new blockchain platform focused on advertising.

Source

Most Popular Contactless Smart Cards in Japan Adding Bitcoin Hardware Wallets

Bitcoin News

2017. Jun. 20. 17:30

Most Popular Contactless Smart Cards in Japan Adding Bitcoin Hardware Wallets

Sony’s Felica technology is behind many of the most popular contactless NFC smart cards. Already the de facto standard in Japan for commuter travel payments, Felica is being used at the point of sale, railway and air ticketing, as well as for University ID cards – to name a few. It was recently announced that

The post Most Popular Contactless Smart Cards in Japan Adding Bitcoin Hardware Wallets appeared first on Bitcoin News.

Bitfury Inks Deal With DC Firm in Blockchain Insurance Push

CoinDesk

2017. Jun. 20. 17:25

Bitfury Inks Deal With DC Firm in Blockchain Insurance Push Bitfury has formed a new partnership focused on the insurance intermediation market with a Washington, DC-based insurance advisory firm.

Source

PR: HashMining.eu Cloud Mining Allows Anyone To Mine Ethereum

Bitcoin News

2017. Jun. 20. 16:30

PR: HashMining.eu Cloud Mining Allows Anyone To Mine Ethereum

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Amsterdam, The Netherlands – Hash Mining is pleased to announce our

The post PR: HashMining.eu Cloud Mining Allows Anyone To Mine Ethereum appeared first on Bitcoin News.

India Inches Closer to Developing Cryptocurrency Rules

CoinDesk

2017. Jun. 20. 16:15

India Inches Closer to Developing Cryptocurrency Rules Government agencies in India are reportedly moving closer to developing regulations around cryptocurrencies.

Source

New York's Financial Regulator Is Now Inspecting Bitcoin Startups

CoinDesk

2017. Jun. 20. 15:00

New York's Financial Regulator Is Now Inspecting Bitcoin Startups The NYDFS is now carrying out legislated examinations of digital currency startups licensed in the state, according to an annual report.

Source

PR: This Investment Is Just Like Buying Bitcoin in 2012

Bitcoin News

2017. Jun. 20. 14:30

PR: This Investment Is Just Like Buying Bitcoin in 2012

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Imagine if you had invested in Bitcoin in 2012. Just five

The post PR: This Investment Is Just Like Buying Bitcoin in 2012 appeared first on Bitcoin News.

UN Leaders Urge Blockchain Startups to Collaborate on Identity

CoinDesk

2017. Jun. 20. 14:01

UN Leaders Urge Blockchain Startups to Collaborate on Identity Representatives of the UN are calling for blockchain firms and others to collaborate on better identity solutions.

Source

Australian Financial Authorities Look Into Ethereum’s Conflicts of Interest

Bitcoin News

2017. Jun. 20. 14:00

Australian Financial Authorities Look Into Ethereum’s Conflicts of Interest

This week Bitcoin.com spoke with an anonymous individual from Australia who has been in contact with the Australian Securities and Investments Commission concerning Ethereum’s (ETH) possible violation of financial laws that originated from the DAO hack and the ETH hard fork last year. Also Read: 70 Percent of the Bitcoin Hashrate Begins Signaling Segwit2x Ethereum’s Conflict

The post Australian Financial Authorities Look Into Ethereum’s Conflicts of Interest appeared first on Bitcoin News.

Too Easy? Critics Take Aim at Ethereum Token Standard Amid ICO Boom

CoinDesk

2017. Jun. 20. 13:00

Too Easy? Critics Take Aim at Ethereum Token Standard Amid ICO Boom Ethereum launched its ERC-20 token standard with good intentions, but as ICO fever takes hold, some are wondering if it's now too easy to raise funds.

Source

Assisting in Bitcoin Purchases for Ransomware May Be Illegal in the US

Bitcoin News

2017. Jun. 20. 12:00

Assisting in Bitcoin Purchases for Ransomware May Be Illegal in the US

‘White hat’ security consultant, Vinny Troia, had his Coinbase account suspended for breaching US regulations by paying cyber-ransoms, amidst growing concerns that US anti-money laundering legislation needs to be updated for the cryptocurrency era. Also Read: US Lawmakers Urged to Take Action Against Unlicensed Offshore Bitcoin Exchanges Troia Was Unable to Provide U.S. Department of

The post Assisting in Bitcoin Purchases for Ransomware May Be Illegal in the US appeared first on Bitcoin News.

Japan's Financial Firms Test Distributed Ledger With R3 Corda Trial

CoinDesk

2017. Jun. 20. 12:00

Japan's Financial Firms Test Distributed Ledger With R3 Corda Trial A group of Japanese financial institutions has tested a prototype that uses DLT to streamline international transaction agreements.

Source

IMF Explores ICOs and Central Bank Coins in New Blockchain Note

CoinDesk

2017. Jun. 20. 11:00

IMF Explores ICOs and Central Bank Coins in New Blockchain Note A new research note from the IMF digs deep into blockchain, touching on topics in the technology's development both new and old.

Source

Indian Government to Recommend Bitcoin Regulation Within 6 Months

Bitcoin News

2017. Jun. 20. 10:00

Indian Government to Recommend Bitcoin Regulation Within 6 Months

The Indian government will meet to discuss the regulatory framework of Bitcoin and other digital currencies next week, according to a local publication. Bitcoin.com talked with India’s leading bitcoin exchanges to find out what to really expect from the meeting. Also read: India’s Government Divided Over Bitcoin Legalization Government Working on Bitcoin Framework Next Week

The post Indian Government to Recommend Bitcoin Regulation Within 6 Months appeared first on Bitcoin News.

Blockchain Comes to East London With Colu Local Currency Launch

CoinDesk

2017. Jun. 20. 10:00

Blockchain Comes to East London With Colu Local Currency Launch Israel-based blockchain firm Colu has launched ‘Local Pound, East London’, a digital currency for shoppers and small businesses in east London.

Source

Indian Government to Recommend Bitcoin Regulatory Framework Within 6 Months

Bitcoin News

2017. Jun. 20. 05:32

Indian Government to Recommend Bitcoin Regulatory Framework Within 6 Months

The Indian government will meet to discuss the regulatory framework of Bitcoin and other digital currencies next week, according to a local publication. Bitcoin.com talked with India’s leading bitcoin exchanges to find out what to really expect from the meeting. Also read: India’s Government Divided Over Bitcoin Legalization Government Working on Bitcoin Framework Next Week

The post Indian Government to Recommend Bitcoin Regulatory Framework Within 6 Months appeared first on Bitcoin News.

HYCM Offers Bitcoin-USD Pairing

Bitcoin News

2017. Jun. 20. 01:00

HYCM Offers Bitcoin-USD Pairing

In response to popular pressure from clients, forex and CFDs broker HYCM have announced that they have added the BTC-USD pairing to their list of traded financial instruments. The decision comes during a period of increased cryptocurrency engagement on the part of major financial institutions. Also Read: Coincheck Reopens Lending Service with 11 More Cryptocurrencies

The post HYCM Offers Bitcoin-USD Pairing appeared first on Bitcoin News.

Warning: Cryptocurrency Scams Are Posing as China's Central Bank

CoinDesk

2017. Jun. 19. 23:40

Warning: Cryptocurrency Scams Are Posing as China's Central Bank The central bank of China has issued a new warning over fraudulent activities in the cryptocurrency sector.

Source

Bank of Thailand Governor Heralds Blockchain's Coming Impact

CoinDesk

2017. Jun. 19. 22:00

Bank of Thailand Governor Heralds Blockchain's Coming Impact The Bank of Thailand has issued new remarks that highlight its evolving thinking on blockchain and distributed ledgers.

Source

Malaysian Bitcoin Users Divest Carefully Into LTC and ETH

Bitcoin News

2017. Jun. 19. 21:00

Malaysian Bitcoin Users Divest Carefully Into LTC and ETH

Luno has published results of a survey conducted from its Malaysian userbase. The findings yield fascinating insights into the development and psychology of the Malaysian cryptocurrency community. Also Read: Malaysia Bitcoin Trading Volumes Rise as Capital Controls Tighten Approximately 60% of Survey Respondents Described Their Engagement With Cryptocurrency as Being Financially Motivated A recent survey

The post Malaysian Bitcoin Users Divest Carefully Into LTC and ETH appeared first on Bitcoin News.

Litecoin's Price Tops $50 to Set New All-Time High

CoinDesk

2017. Jun. 19. 20:40

Litecoin's Price Tops $50 to Set New All-Time High Spurred by a sudden exchange listing, the price of the cryptocurrency litecoin hit a new all-time high today above $50.

Source

Bitcoin Miners Unite Behind Scaling Proposal Segwit2x

CoinDesk

2017. Jun. 19. 19:25

Bitcoin Miners Unite Behind Scaling Proposal Segwit2x Bitcoin miners are now actively showing their support for a network scaling proposal by flagging signaling directly on the blockchain.

Source

70 Percent of the Bitcoin Hashrate Begins Signaling Segwit2x

Bitcoin News

2017. Jun. 19. 18:37

70 Percent of the Bitcoin Hashrate Begins Signaling Segwit2x

On June 16 the alpha code for the scaling solution Segwit2x was released to the public following a large number of mining pools having vocally supported the plan. Since then a large majority of miners who back the Segwit2x roadmap have started signaling with their hashrate. Also Read: Australian Opposition Leader Believes Bitcoin is Fueling

The post 70 Percent of the Bitcoin Hashrate Begins Signaling Segwit2x appeared first on Bitcoin News.

Financial Firms Offer Diverse Blockchain Views in European Commission Response

CoinDesk

2017. Jun. 19. 17:50

Financial Firms Offer Diverse Blockchain Views in European Commission Response With a public comment period over, financial firms are beginning to publish remarks submitted to the European Commission on DLT.

Source

Feecon 2017: Bolstering the Principles of a Free Society and Bitcoin

Bitcoin News

2017. Jun. 19. 17:00

Feecon 2017: Bolstering the Principles of a Free Society and Bitcoin

On June 15-17 hundreds of liberty focused individuals attended the Foundation for Economic Education’s Feecon 2017 to learn about economics, free markets, and network with like-minded thinkers who are inspired to change the world. Bitcoin.com was a proud sponsor of Feecon and got the chance to teach attendees about the decentralized currency’s attributes while also

The post Feecon 2017: Bolstering the Principles of a Free Society and Bitcoin appeared first on Bitcoin News.

Russia's National Payment Card Provider: Blockchain Isn't for Us

CoinDesk

2017. Jun. 19. 16:40

Russia's National Payment Card Provider: Blockchain Isn't for Us New statements by Russia's top card issuer suggests the domestic financial industry is still warming slowly to blockchain.

Source

'Absolutely Necessary': How Blockchain Could Help Tech Giant Cisco Reboot

CoinDesk

2017. Jun. 19. 15:00

'Absolutely Necessary': How Blockchain Could Help Tech Giant Cisco Reboot As hardware sales fall, Cisco is now pushing even deeper into blockchain, seeking efficiency benefits and improved profits from the tech.

Source

Australian Tells Story of Throwing Away Hard Drive Hosting 1400 Bitcoins

Bitcoin News

2017. Jun. 19. 15:00

Australian Tells Story of Throwing Away Hard Drive Hosting 1400 Bitcoins

Sydney-based technology journalist Campbell Simpson details his story of throwing away a hard drive containing 1400 bitcoin 5 years ago. Also Read: Australian Opposition Leader Believes Bitcoin is Fueling Terrorism “I Paypal’d Some Random Stranger From the Other Side of the World a Few US Dollars for a Digital Transaction of an Effectively Worthless Faux-Currency”

The post Australian Tells Story of Throwing Away Hard Drive Hosting 1400 Bitcoins appeared first on Bitcoin News.

Australian Tells Story of Throwing Away Hard Drive With 1400 Bitcoins

Bitcoin News

2017. Jun. 19. 15:00

Australian Tells Story of Throwing Away Hard Drive With 1400 Bitcoins

Sydney-based technology journalist Campbell Simpson details his story of throwing away a hard drive containing 1400 bitcoin 5 years ago. Also Read: Australian Opposition Leader Believes Bitcoin is Fueling Terrorism “I Paypal’d Some Random Stranger From the Other Side of the World a Few US Dollars for a Digital Transaction of an Effectively Worthless Faux-Currency”

The post Australian Tells Story of Throwing Away Hard Drive With 1400 Bitcoins appeared first on Bitcoin News.

UK Financial Regulator Calls for Caution on Cryptocurrency Investing

CoinDesk

2017. Jun. 19. 14:00

UK Financial Regulator Calls for Caution on Cryptocurrency Investing An official at the UK's Financial Conduct Authority has issued cautionary comments amid a wave of new investment in the cryptocurrency market.

Source

Nevada Senator: We Want to Be 'Home Base' for Blockchain Startups

CoinDesk

2017. Jun. 19. 13:01

Nevada Senator: We Want to Be 'Home Base' for Blockchain Startups A new law in Nevada is paving the way for the US state's broad bid to attract new blockchain startups.

Source

Coincheck Reopens Lending Service with 11 More Cryptocurrencies

Bitcoin News

2017. Jun. 19. 12:00

Coincheck Reopens Lending Service with 11 More Cryptocurrencies

The bitcoin lending service has resumed at Japanese exchange Coincheck, with the addition of eleven more cryptocurrencies that the exchange’s customers can lend out. Also read: Bitcoin to Be Accepted at 260,000 Stores in Japan by This Summer Extending Lending Service to 11 Cryptocurrencies Last month the Tokyo-based bitcoin exchange Coincheck launched a bitcoin lending

The post Coincheck Reopens Lending Service with 11 More Cryptocurrencies appeared first on Bitcoin News.

Forfeit Your Bitcoin? Congressional Bill Draws Fire Over Border Check Rules

CoinDesk

2017. Jun. 19. 11:45

Forfeit Your Bitcoin? Congressional Bill Draws Fire Over Border Check Rules A group of influential US senators want to see digital currency holdings declared at the border – and advocates of the tech are pushing back.

Source

Craig Wright on “The Risks of Segregated Witness: Opening the Door to Mining Cartels”

Bitcoin News

2017. Jun. 19. 11:13

Craig Wright on “The Risks of Segregated Witness: Opening the Door to Mining Cartels”

Written by Dr. Craig Wright. The bitcoin community continues to debate Segregated Witness, the Bitcoin Core development team’s proposed scaling solution which would separate signature data (witnesses) from transaction data. There are numerous risks with SegWit, but one in particular needs more attention: SegWit opens the door to methods of collusion and mining cartels which

The post Craig Wright on “The Risks of Segregated Witness: Opening the Door to Mining Cartels” appeared first on Bitcoin News.

Blockchain and the Birth of a New Financial Instrument

CoinDesk

2017. Jun. 19. 10:30

Blockchain and the Birth of a New Financial Instrument A less-hyped blockchain trial in the Middle East could come to have a big impact on banking.

Source

Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued

Bitcoin News

2017. Jun. 19. 01:00

Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued

A Bloomberg article pointed out June 15 that Bitcoin trading volume has jumped to 1.3 million this past week in Venezuela. There seems to be ever-increasing excitement about cryptocurrency in the country.  Also read: Legality of Basic Attention Token and Other ICOs Called Into Question In many places, people are hesitant and skeptical about digital currencies

The post Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued appeared first on Bitcoin News.

Lower mining fees

Bitbargain.com

2017. Jun. 18. 23:49

Lower mining fees

The txfee calculation has been optimised, the dropdown information has been improved.

What’s changed:

- Instead of taking the recommended fastest fee from bitcoinfees.21.co, we now process and evaluate the full statistics.

- Instead of using the recommended fee as the basis and splitting it to offer different options, we now use specific block targets (first block, within 3 blocks, within 10 blocks as high/medium/low respectively).

- We now look up and display the expected block delay for the minimum txfee option (ie. free withdrawals using the txfee paid by us).

- The availability of a free withdrawal is no longer determined by the mempool backlog but rather if the block delay for the free withdrawal is below 20 blocks.

- The expected sat/B amount for your transaction is shown in the dropdown.

- The expected block delay is shown in the dropdown.

Chinese Explore Future of OTC Trading at Bitcoin Meetup

Bitcoin News

2017. Jun. 18. 22:00

Chinese Explore Future of OTC Trading at Bitcoin Meetup

In a recent meeting in Chengdu, China, traders explored how over-the-counter (OTC) exchanges will function in the future. The meeting was arranged by BitKan in order to allow bitcoin investors and professionals to come together to build shared trust and understanding.  Also read: Central Bank of Samoa Issues Warning Against Digital Currency The meeting is a result

The post Chinese Explore Future of OTC Trading at Bitcoin Meetup appeared first on Bitcoin News.

Celebrities Continue to Discuss the Subject of Bitcoin With Optimism

Bitcoin News

2017. Jun. 18. 19:00

Celebrities Continue to Discuss the Subject of Bitcoin With Optimism

Over the past few months, many well-known investors have been coming out of the woodwork to discuss the decentralized cryptocurrency bitcoin. In parallel with these investment types chatting about the rise of digital assets many popular socialites, musicians, and celebrities are talking about bitcoin as well. Also Read: Increased South African Bitcoin Adoption Highlights Need

The post Celebrities Continue to Discuss the Subject of Bitcoin With Optimism appeared first on Bitcoin News.

Top Bitmex Representatives Discuss The People’s Bank of China and Bitcoin’s Future

Bitcoin News

2017. Jun. 18. 17:30

Top Bitmex Representatives Discuss The People’s Bank of China and Bitcoin’s Future

In a recent interview published on Technode with CEO Arthur Hayes and COO Ben Delo, Bitmex’s co-founders discussed Bitmex’s growth, changes within the Chinese cryptocurrency landscape, and the future of the bitcoin and cryptocurrency industries. Also Read: Researcher from China’s Central Bank Discusses an ICO Regulatory Sandbox Bitmex Has Shown an Invulnerability to Recent Chinese Regulatory

The post Top Bitmex Representatives Discuss The People’s Bank of China and Bitcoin’s Future appeared first on Bitcoin News.

Bitpesa CEO Claims Bitcoin-Based Remittance Companies Have Reduced Costs by 75%

Bitcoin News

2017. Jun. 18. 15:00

Bitpesa CEO Claims Bitcoin-Based Remittance Companies Have Reduced Costs by 75%

Bitpesa founder and CEO, Elizabeth Rossiello, has claimed that bitcoin-based remittance services have reduced the costs of international payments by 75%, and reduced the average time of settlement from 12 days to approximately 12 hours. Rossiello also discussed the African cryptocurrency economy and changing attitudes towards bitcoin on the part of major international financial institutions

The post Bitpesa CEO Claims Bitcoin-Based Remittance Companies Have Reduced Costs by 75% appeared first on Bitcoin News.

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