New York Wants a Piece of the Ever Growing Bitcoin Mining Pie
Watch out Canada! New York wants a piece of the bitcoin mining market, securing for its residents revenues and jobs that come along with the electricity intensive process. Bitcoin mining might even help revive local economies that once relied on polluting industries. Also Read: Senate of Nigeria Launches Probe of Bitcoin Trading in the Country […]
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We know you heard this one before, but China wants to ban bitcoin…again. Only this time the government plans to use one of its most far reaching tools, the Great Firewall of China, to completely prevent anyone in the country from reaching foreign exchange sites. Unless they have the technical capability to bypass it, of […]
The following opinion piece was written by Jonald Fyookball. So you’ve heard of Bitcoin Cash — one of the top cryptocurrencies along with BTC and Ethereum. But why does it exist? Is it a cheap copy of Bitcoin? A pump-and-dump scheme? An attempt to hijack the brand and attack Bitcoin? In my estimation, the opposite […]
A photograph posted on imageboard 4chan appears to show a leaked 21 August 2017 memorandum from the US Army Cyber Protection Brigade. The document alludes to the US Army teaming with the National Security Administration (NSA) in ongoing successful investigations against “Tor, I2P, and VPN,” with a request for additional funding for further projects against […]
Following persistent complaints about spammy and fraudulent cryptocurrency ads, Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure […]
Bitcoin and cryptocurrency markets, in general, have been bearish during the first month of 2018 after many digital assets reached all-time price highs this past December. A lot of people have been following the correlation between the newly added bitcoin-based derivatives markets offered by Cboe and CME, alongside bitcoin spot prices over the past four […]
Washington and legacy media are in a tizzy about Venezuela reportedly thwarting international sanctions by way of a dreaded state-backed cryptocurrency. A closer look reveals several stumbling blocks for the Bolivarian Republic: nonexistent reserves, hyperinflation, centralization, and the impossibility of actual redemption. The attempt will fail, if it’s ever rolled out, adding woes to a region […]
It’s been six months since the inception of the Bitcoin Cash (BCH) network, and the decentralized currency’s infrastructure continues to grow. Over the past week, there’s been many new announcements surrounding the BCH chain and its ecosystem. See also: Bitcoin ABC Developers Announce Medium-Term Bitcoin Cash Roadmap Six Months In, the Bitcoin Cash Network Celebrates a […]
The whole point of cryptocurrencies is that they’re decentralized. Peer-to-peer cash; trustless exchange; bypassing intermediaries. So why are numerous cryptocurrencies structured more like central banks? From adjusting wallet balances to controlling nodes, many crypto projects behave just like the financial institutions they were meant to replace. Throw in the cult of a strong leader, and […]
This week the UK-based company Blockchain has announced it has begun to roll out buying and selling features for U.S. residents. Starting now Blockchain Wallet users from 22 states can sell units of bitcoin core from within the wallets interface and other digital assets like bitcoin cash and ethereum will soon follow. Also read: Markets Update: […]
