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A New Bitcoin World

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

officialsOn 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

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June 22, 2017 0

Hackers Use NSA Exploit to Mine Monero Using Victims’ Computers

Hackers Use NSA Exploit to Mine Monero Using Victims' ComputersReports 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

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June 22, 2017 0

Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With Bitcoin

Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With BitcoinUS 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

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June 21, 2017 0

Unicode Consortium Adds Official Bitcoin “B” Symbol

Unicode ConsortiumOn 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

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June 21, 2017 0

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

BitstampEuropean 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

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June 21, 2017 0

State-Funded Bitcoin Data Center Infuriates Montana Locals

State-Funded Bitcoin Data Center Infuriates Montana LocalsCitizens 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

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June 21, 2017 0

Investment Legend Bill Miller Still Bullish on Bitcoin

Investment Legend Bill Miller Is Still Bullish on BitcoinIn 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

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June 21, 2017 0

Bitcoin.com Cloud Mining Contracts — Record Daily Sellouts

cloud miningThis 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

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June 21, 2017 0

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

Ripple LabsDuring 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

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June 21, 2017 0

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

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

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June 21, 2017 0