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BitOrb Exchange Raises $6.4 Million (news.bitcoin.com) 11/14/2019 - 5:30am
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The BitOrb Exchange has successfully secured its funding round, raising a total of USD 6.4m. The round was...
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Bitcoin History Part 20: BTC Reaches $1 (news.bitcoin.com) 11/12/2019 - 7:30pm
It was a milestone that Bitcoin loyalists had long anticipated. Nevertheless, a toast was in order the day BTC reached parity with the US dollar. February 9, 2011 was the historic date, and over on the Bitcointalk forum, talk inevitably turned to what this meant for the nascent cryptocurrency. Also read: Bitcoin History Part 19: Wikileaks and the...
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Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions (news.bitcoin.com) 11/12/2019 - 12:30pm
Venezuela has been suffering from rapid inflation as the purchasing power of the sovereign bolivar has become near worthless. Over the last few weeks, Venezuelans have been dealing with blackouts throughout major cities, making credit card readers useless. Additionally, citizens are dependent on remittances from overseas and last month the country...
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Jailed Deepdotweb Admin Denies Earning $15M From Darknet Links (news.bitcoin.com) 11/11/2019 - 11:00pm
In an interview from prison, one of Deepdotweb’s operators has disputed the $15 million allegedly made from “illegal” referral links, claiming “There was no such amount.” Currently on remand in France, Israeli citizen Tal Prihar stands accused of directing visitors towards darknet markets (DNMs) in his role as Deepdotweb administrator. The popular...
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6 Months Before Halving Signs Indicate Bitcoin Miners Are Hoarding (news.bitcoin.com) 11/11/2019 - 8:00pm
The great bitcoin reward halvings are coming and many newcomers have not experienced a halving event unless they joined the crypto community prior to 2016. A few speculators believe bitcoin miners and whales are hoarding coins right now until after the adjustment so prices will be driven up. Moreover, for the first time, crypto proponents will...
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Becoming Nakamoto: How Satoshi Created His Alter-Ego (news.bitcoin.com) 11/10/2019 - 9:30pm
Captain America began life as Steve Rogers. Tony Stark only created Iron Man after being kidnapped. Bruce Wayne spent seven years in ninja training before eventually returning to Gotham as Batman. We don’t know Satoshi Nakamoto’s birth name, but we do know something about the steps he took to create Bitcoin and indelibly forge his alter-ego. Also...
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Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders (news.bitcoin.com) 11/10/2019 - 2:00pm
The U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. Also Read: QE Infinity: 37 Central Banks Participate in Stimulus and...
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For Initial Exchange Offerings, Liquidity is King (news.bitcoin.com) 11/09/2019 - 8:58am
There are many benchmarks for measuring IEO success. Token price, community size, code shipped, and milestones met are all yardsticks for gauging the progress of a tokenized project. For projects seeking to create the biggest possible splash, however, liquidity is the crucial factor. The more exchanges an IEO reaches, the greater its prospects of...
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Crypto-Based Commerce Spikes 65% in 7 Months (news.bitcoin.com) 11/08/2019 - 8:00pm
Commerce fueled by cryptocurrencies has once again started to grow. Data collected by blockchain forensics company Chainalysis shows a significant increase of volume in the first half of the year. The positive change coincided with the remarkable market recovery that followed last year’s prolonged crypto winter. Also read: Turkey Becomes the...
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Crypto Tax Guidelines Leave More Questions Than Answers (news.bitcoin.com) 11/08/2019 - 11:04am
Cryptocurrency holders have long wrestled with their tax obligations. These fiduciary duties have been complicated by tax agencies, which are several steps behind technology and now playing crypto catch-up. Updated guidelines from the U.S. and U.K.’s tax agencies were finally released this year, but the initial relief felt by conscientious...
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Bitcoin History Part 19: Wikileaks and the Hornet’s Nest (news.bitcoin.com) 11/07/2019 - 6:35am
“WikiLeaks has kicked the hornet’s nest, and the swarm is headed towards us.” With those 13 words, Satoshi Nakamoto stepped into oblivion, leaving a blizzard of unanswered questions that would enshroud his disappearance. That ominous message was to prove his penultimate forum post, dispatched a day before his final entry. What happened to put...
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Conceal and Reveal: The Evolution of Privacy Coin Technology (news.bitcoin.com) 11/06/2019 - 2:13pm
Privacy can assume many forms and occur on many levels. The technologies that blockchain architects originally envisioned for privacy coins are now being utilized by an array of crypto stakeholders, from enterprises to exchanges. What began as a means of transacting anonymously has spawned a burgeoning industry, built upon technologies designed to...
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China Removes Bitcoin Mining From Unwanted Industries List (news.bitcoin.com) 11/06/2019 - 11:00am
Inspired by its new fascination with blockchain, China now seems to have changed its mind about cryptocurrency mining. The latest version of a national macroeconomic plan indicates that the government in Beijing has given up intentions to suppress the bitcoin mining industry, in which Chinese companies have become global leaders. Also read:...
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Tokens.net Seals Partnership With Bitcoin.com as an Official SLP Partner (news.bitcoin.com) 11/06/2019 - 5:30am
Simple Ledger Protocol (SLP) is a protocol for token creation on the Bitcoin Cash ( BCH ) chain, promoting tokenization of assets in a simple and effective way. The Simple Ledger Protocol provides electronic wallets, block explorers, social media bots, token faucets and back-end infrastructure, as well as protocols for token creation and...
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UK-Based Electric Bike Company Launches SLP Reward Token (news.bitcoin.com) 11/05/2019 - 3:20pm
On November 5, Cryptophyl.com, the SLP-centric trading platform, announced a commercial partnership with the bicycle company Toba Electric Bikes using SLP technology. Toba sells electric bikes for bitcoin cash and the company’s SLP token will be used for customer rewards. Moreover, Cryptophyl plans to list the token called ‘toba’ on the exchange...
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The North American Bitcoin Conference Returns (news.bitcoin.com) 11/04/2019 - 1:30pm
TNABC and Miami Blockchain Week return to kick off 2020. On the 16th and 17th of January, 2020, pioneers of the global Bitcoin and blockchain community will converge in Miami for a historical conference, continuing to propel cryptocurrency from niche to mainstream. Now in its seventh year, The North American Bitcoin Conference is the longest-...
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Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement (news.bitcoin.com) 11/03/2019 - 5:02pm
In early September, the high-profile court case Kleiman v. Wright looked as though it was coming to an end as the two parties reached a non-binding settlement. Then on October 30, without much notice, Wright explained that he couldn’t finance the settlement and the agreement was broken. Now the trial will start again and the Kleiman estate hopes...
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Satoshi ‘Nakamolto’ Emerges With Great Hair and Questionable Claims (news.bitcoin.com) 11/03/2019 - 11:10am
A viral video taken at a Las Vegas event has put self-claimed “Bitcoin co-founder” Jörg Molt in the spotlight this past week. A Twitter user in the space known for hair trigger accusations calls Molt a scammer in the video, and Molt proceeds to knock off the guy’s baseball cap. Amusing as the sophomoric dumpster fires of crypto Twitter may be,...
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ACIF – Asia Crypto Investment Forum Joins Thailand Blockchain Week (news.bitcoin.com) 11/01/2019 - 1:30pm
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. ACIF, Asia Crypto Investment Forum hosted by Hashcube, will hold its first meetup on 28th November at The...
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Crypto Traders Rush to Revamp Their Security After Bitmex Dox (news.bitcoin.com) 11/01/2019 - 10:47am
The world’s largest crypto derivatives exchange Bitmex has accidentally doxed tens of thousands of its users. An email newsletter concerning forthcoming updates to Bitmex indices CC’d a large proportion of the company’s mailing list, exposing the addresses of its users to the public. In a second embarrassment, Bitmex had its Twitter account hacked...
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The Xi Effect – Chinese Government to Fund Blockchain Projects (news.bitcoin.com) 10/31/2019 - 3:04am
Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping move to remove online posts suggesting such technology is a scam – has nourished optimism long-held by crypto advocates. Of course, the reality is that China’s marked shift towards pro-blockchain policies is part of...
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Satoshi’s Final Messages Leave Tantalizing Clues to His Disappearance (news.bitcoin.com) 10/30/2019 - 12:30pm
As Jameson Lopp once quipped, the smartest thing Satoshi did after creating Bitcoin was to disappear. The question isn’t ‘why did Satoshi disappear?’ but rather ‘why then?’ Was Satoshi’s departure in early 2011 scheduled long in advance, or did unforeseen events compel Nakamoto to pack his bags and flee the community he had founded, never to...
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Cryptophyl Exchange Reveals Fiat On-Ramp to SLP Token Ecosystem (news.bitcoin.com) 10/30/2019 - 7:40am
The London-based exchange Cryptophyl is a trading platform focused on the Simple Ledger Protocol (SLP) and bitcoin cash ( BCH ) ecosystem. On October 29, the exchange announced the launch of the first fiat on-ramp to obtain well-known SLP tokens. Also read: Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq Purchasing SLP Tokens With...
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How Hard Is It to Brute Force a Bitcoin Private Key? (news.bitcoin.com) 10/27/2019 - 11:30pm
Trying to crack a private key with a brute force attack is a bit like trying to count to infinity: the sooner you begin, the faster you’ll never get there. Despite being as next to impossible as impossible gets, using a brute force attack to crack a bitcoin private key remains an intriguing idea for many. Also read: Mistakes Crypto Owners and...
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How Centralized Payment Systems Learned to Accept Decentralized Cryptocurrency (news.bitcoin.com) 10/23/2019 - 2:04pm
They might not be shouting it from the rooftops, but fiat payment gateways are no longer the enemy of bitcoin. Hostilities have ceased, the bad blood has been let, and today the fiat and crypto worlds are bridged and doing business. Despite the two systems sporting opposing aims and architecture, many centralized payment processors have learned to...
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How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise (news.bitcoin.com) 10/23/2019 - 10:45am
Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling out acts of god and unforeseen circumstance, the...
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Bitmain Aims to Build a 300MW Texas Mining Farm (news.bitcoin.com) 10/23/2019 - 1:00am
The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW. Also read: The Silk Road Investigation...
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4 Cryptocurrency Projects That Successfully Changed Chains (news.bitcoin.com) 10/22/2019 - 1:00am
Choosing the right blockchain is a tough call for any development team. It’s a decision that entails correctly anticipating project requirements – scalability; speed; community; security – before a line of code has even been written. It’s no wonder that a project occasionally finds its first choice of blockchain isn’t ‘the one,’ forcing it to play...
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McAfee Envisions DEX in a World Where Crypto Won’t Be Traded for Fiat (news.bitcoin.com) 10/21/2019 - 3:15am
In a recent video posted to Twitter. John McAfee states: “Imagine a world…where fiat currency is diminishing in importance.” Instead of pointing to the adoption of crypto by big money interests, the rogue politician and radical bitcoin proponent talks of a complete flip, where users won’t need to exchange their cryptocurrencies for fiat. Crypto...
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6 Darknet Markets for the Crypto Curious (news.bitcoin.com) 10/18/2019 - 8:00pm
If you’ve got a few thousand satoshis burning a hole in your wallet, the darknet beckons. There’s no obligation to spend a single sat while scouring the darker recesses of the web, but it’s nice to know that should you get the urge, your crypto’s good. There are few certainties when shopping on darknet markets (DNMs), but acceptance of BTC , XMR...
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CME Bitcoin Futures Sees Institutional Interest and Demand from Asia (news.bitcoin.com) 10/18/2019 - 10:25am
Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform has seen an increase in interest with the company’s physically-settled...
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Meet Be.cash: An Offline Bitcoin Cash Sending Tool (news.bitcoin.com) 10/17/2019 - 1:30am
On October 13, software developer Tobias Ruck showed off a demo of an offline bitcoin cash ( BCH ) wallet tool called Be.cash. The concept provides individuals with the ability to send and sign a BCH transaction without internet service. Also read: 80% of Crypto Trade Volume Tracked by Blockchain Surveillance Be.cash: A Tool for Sending and...
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80% of Crypto Trade Volume Tracked by Blockchain Surveillance (news.bitcoin.com) 10/16/2019 - 12:15pm
Ever since governments worldwide started showing adversity toward cryptocurrencies like bitcoin, a few startups have dedicated their business model to blockchain surveillance. Two weeks ago, Chainalysis revealed the company is monitoring 21 different tokens that stem from Ethereum. On Tuesday, the firm Ciphertrace announced that it’s now tracking...
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CoinEx Chain Elects New Node Partners (news.bitcoin.com) 10/16/2019 - 5:30am
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Hosted by CoinEx Chain Foundation, “CoinEx Chain Global Nodes Election Launch Conference” was successfully...
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10 of the Best Telegram Crypto Channels (news.bitcoin.com) 10/16/2019 - 2:35am
Telegram’s token might have received short shrift from the SEC, but its messaging app has been embraced everywhere by everyone. 300 million users attest to the success of Pavel Durov’s end-to-end encrypted platform, which has become a mainstay of the crypto community. On the rare occasions when Telegram experiences an outage, there is a...
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Berlusconi Admins Disappear — Darknet Users Rush to Find Alternatives (news.bitcoin.com) 10/14/2019 - 11:45am
The darknet marketplace Berlusconi Market has been reportedly down for more than two weeks, according to users who patronize the hidden website. The outage has led many to believe the market administrators exit scammed with all the funds. While others speculate that government agents have infiltrated Berlusconi Market as there are no signs of the...
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5 of the Best Crypto Swapping Services (news.bitcoin.com) 10/12/2019 - 3:56am
Creating an exchange account, signing in and placing an order every time you want to switch cryptos is like using a sledgehammer to crack a walnut. It’s an incredibly inefficient way to jump between cryptos, and given that no exchange has all the coins, it necessitates creating multiple accounts, with the added verification and security risks this...
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4 New High-Powered Bitcoin Miners Revealed (news.bitcoin.com) 10/11/2019 - 9:18pm
Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month. Also Read: Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding Bitmain and Canaan Introduce...
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Swedish Government Auctions Cryptocurrency Again (news.bitcoin.com) 10/11/2019 - 6:00pm
The Swedish Enforcement Authority, Kronofogden, is once again auctioning off cryptocurrency that has been allotted for public sale. The online auction, which is the second of this kind the government agency conducts, starts on Friday, October 11. Also read: Sean Walsh: Cryptocurrencies Can Harness More Human Energy BTC Worth $37,000 Offered to the...
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Turkey Throws Another Wrench Into the USD’s Works and Joins Russian Swift (news.bitcoin.com) 10/11/2019 - 5:40am
The dominance of the U.S. dollar as the global reserve currency is being robustly challenged on all fronts. Other geopolitical powers and smaller but important players are unwilling to accept the political influence Washington exerts through its fiat money. And in times of trade wars, sanctions, and even tensions between allies, the push to...
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Decentralized Exchanges Are Evolving at Last (news.bitcoin.com) 10/10/2019 - 5:25am
The humble DEX has come a long way since the days of Etherdelta. While not all of those steps have been forward – such as the enforcement of KYC on IDEX – the scope and quality of decentralized trading platforms has evolved greatly. As an examination of several new and emerging platforms shows, DEXs can finally hold a flame to CEXs. Also read:...
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Chinese Bitcoin Miners Migrate North After Wet Season (news.bitcoin.com) 10/09/2019 - 11:35pm
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after the wet season in Sichuan. Also read: RBI Ban...
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Bitcoin.com Partners with Canadian Gaming Giant Bravio Tech on Global Lotteries (news.bitcoin.com) 10/09/2019 - 8:00am
Following on from its landmark partnership with HTC, Bitcoin.com has partnered with Canadian gaming and lottery giant Bravio Technologies. The partnership will see Bitcoin.com increase its Bitcoin Cash reach into international lotteries, one of the world’s most lucrative industries. The new platform is to be developed by Bravio and will be hosted...
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NIXT – Nexinter Launches Exchange Offering Using SLP (news.bitcoin.com) 10/08/2019 - 5:30am
Today, NextHash and Bitcoin.com have entered a technical partnership to design and structure the NIXT utility token. NIXT token is being listed in its fully operational exchange Nexinter on top of Bitcoin Cash, using the Simple Ledger Protocol (SLP) framework. The Simple Ledger Protocol whitepaper was published last July and the project launched...
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2019’s Token Sales Have Produced a Handful of Winners (news.bitcoin.com) 10/08/2019 - 3:25am
2019 has proven a challenging year in which to launch a crypto startup, with the most successful tokens recording only modest returns. Investors chasing the sort of double-digit returns that were one commonplace have been mostly frustrated by a markedly more conservative market in which picking a winner has called for a combination of shrewdness...
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FOIN Allows Merchants to Accept Crypto Payments In-Store (news.bitcoin.com) 10/07/2019 - 5:30am
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the...
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Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund (news.bitcoin.com) 09/30/2019 - 7:25pm
The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products. CME Group has also revealed the derivatives marketplace will provide...
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Darknet Markets Are Thriving Despite the Mysterious Death of Dread (news.bitcoin.com) 09/30/2019 - 11:34am
Obtaining reliable information about darknet markets (DNMs) is a constant struggle, given the propensity of news sites and forums to come and go. No sooner has one portal gained ascendancy than it’s been toppled by law enforcement or exited under mysterious circumstances. The recent disappearance of darknet forum Dread has left a gaping hole in...
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Bitcoin Cash Meetups Help Plant the Seeds of Economic Freedom (news.bitcoin.com) 09/28/2019 - 1:52pm
Our newsdesk recently caught up with Bitcoin.com’s community manager Chris Bridgman who discussed the recent expansion of Bitcoin Cash-focused meetups worldwide. Over the last two years, Bridgman and his partner Akane Yokoo have seen BCH meetups grow from a small handful to around 90 BCH-based gatherings in a number of different countries. Also...
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XinFin, Black Tier Solutions and Blockchain at Michigan Announce Joint Partnership (news.bitcoin.com) 09/28/2019 - 5:30am
Black Tier Solutions announced a partnership with Blockchain at Michigan. Black Tier Solutions will be responsible for assisting the University of Michigan Blockchain group to develop a tokenized student rewards program and a tokenized gaming platform using XinFin Hybrid technology. “The University of Michigan produces some of the most talented...
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