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A New Bitcoin World

Philippine Central Bank Approves Registration of Virtual Currency Exchanges

Local media has reported that the Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has approved the registration of two virtual currency exchanges. The announcement comes after the BSP introduced legislation designed to recognize and regulate virtual currency exchanges earlier this year. Also Read: Philippines’ Central Bank Issues Guidelines for Virtual Currency Exchanges The […]

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August 21, 2017 0

University Research Project Analyzes Bitcoin Blockchain to Combat Sex Trade

Researchers from several American universities are using artificial intelligence to examine the bitcoin blockchain to identify victims of sexual exploitation. The initiative plans to develop a freely available suite of tools that can assist authorities in tracking and identifying individuals working in the underground sex industry. Also Read: The Backpage Effect: Why the Sex Industry Thrives […]

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August 20, 2017 0

Bitcoin Cash Mining Difficulty Drops Significantly – Speeding Up The Chain

On Sunday, August 20, the Bitcoin Cash (BCH) network dropped its mining difficulty another notch down to 7 percent of BTC’s difficulty, on block 479808. Since then another mining pool has joined in on processing blocks on the BCH chain as the mining pool BTC.com has found its first block on the network. Also read: World’s […]

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August 20, 2017 0

Japan’s Largest C2C Ticket Marketplace with 5 Million Users Accepts Bitcoin

Japan's Largest Ticket Marketplace with 5 Million Users Accepts BitcoinJapan’s top customer-to-customer (C2C) ticket exchange marketplace, Ticket Camp, announced last week that it has become the first in the Japanese ticket industry to accept bitcoin. The site has about 5 million users and processes approximately 5.8 billion yen per month. Also read: World’s Largest Bitcoin Exchange Bitflyer Expands into US Market First in Ticket Industry […]

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August 20, 2017 0

Government Agencies Adopting Bitcoin and Blockchain Technology

Government agencies are looking further into adopting blockchain technology and bitcoin. They hope to commandeer these protocols in order to protect the military from mass-hacking campaigns, counterintelligence, and otherwise hostile attacks on their systems. The Pentagon has especially shown recent interest in using cryptographically-guarded blockchains to aid their operations.  Also read: Bitcoin Cash Flips Mining Profitability […]

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August 18, 2017 0

Bitcoin Cash Flips Mining Profitability

Bitcoin Cash (BCH) markets have been extremely bullish over the past two days after hovering in the $300 range for a solid week. Currently, one BCH is averaging $550 per token, and the market has pushed Ripple out of the way by taking the third highest market capitalization position. Also read: Venezuelan Bitcoin Mining Continues […]

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August 18, 2017 0

Australia Introduces Bill That Regulates Bitcoin Exchanges

The Australian Government has announced a bill that would regulate digital currency exchanges including bitcoin exchanges for the first time. Also read: Three Ukrainian Lawmakers Declare Bitcoin Holdings Worth $47 Million Australia to Regulate Bitcoin Exchanges Australia’s Coalition Government announced a bill on Thursday that would regulate digital currency exchanges. This legislation is part of the […]

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August 18, 2017 1

Former paypal COO David Sacks Discusses Bitcoin – Argues ICOs Are Threat to VCs

Former paypal COO, David Sacks, discussed bitcoin and cryptocurrency during a recent interview with CNBC. During the interview, Sacks articulated that bitcoin is fulfilling the vision for a digital payment network originally held by Paypal, and expressed his belief that cryptocurrencies pose a significant threat to the venture capital sector. Also Read: 20+ New ICOs Announced […]

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August 17, 2017 0

Washington Politicians Defend Regulations as Cryptocurrency Exchanges Flee

Washington regulators recently introduced exchange rules for any firm wanting to allow customers to trade in cryptocurrency. They said they created Senate Bill 5031 to make the ecosystem fair for cryptocurrency exchanges and their customers. However, a number of exchanges have left the area, because they believe the rules were too burdensome. Now Washington lawmakers […]

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August 17, 2017 0

Xmr.to Claims to Offer Fully Anonymous Bitcoin Transactions

Xmr.to claims to facilitate fully anonymous bitcoin transactions. The websites receives monero (XMR) from users, and in return sends a corresponding quantity of bitcoin on behalf of the user, obscuring the origin of the payment. Also Read: Hackers Use NSA Exploit to Mine Monero Using Victims’ Computers Xmr.to purports to offer total anonymity by obscuring […]

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August 16, 2017 0