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A New Bitcoin World

Support Grows for Bitcoin Proof of Keys on Jan. 3

Support Grows for Bitcoin Proof of Keys on January 3The campaign to see bitcoin withdrawn from third-party wallets to private wallets on Jan. 3 is gaining traction. Over the past week, hundreds of Twitter accounts, including those operated by prominent figures such as Nick Szabo, have appended “[Jan/3 🔑]” to their Twitter handle to show support for the operation, timed to coincide with Bitcoin’s […]

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December 17, 2018 0

These Two Analogies Will Help You Explain Bitcoin to Anyone

These Two Analogies Will Help You Explain Bitcoin to AnyoneExplaining Bitcoin to someone who knows nothing about Bitcoin isn’t easy. In fact it’s fiendishly tricky. Describing concepts such as blockchain, decentralized networks, and permissionless ledgers to beginners is as tough as describing the color orange to a blind person or the taste of an orange to someone who’s never peeled one. Two new Bitcoin […]

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December 14, 2018 0

Digital Currency Platform Revolut Receives European Banking License

On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services. Also read: Google Trends Reveals One of the Top Questions […]

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December 13, 2018 0

The Daily: Uber Meets Bitcoin, Basis Stablecoin Shuts Down

The Daily: Uber Meets Bitcoin, Basis Stablecoin Shuts DownIn Thursday’s installment of The Daily, we report on a highly anticipated stablecoin project that’s failed before it’s even launched, and explore the strangely centralized world of crypto Twitter. First though, we’ll start with the news that a third party app has made it possible to pay for your Uber ride using BTC. Also read: Benchmark […]

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December 13, 2018 0

Ukrainian Village Distributes Dividends From Crypto Investment

Despite the market slump, the head of а village council in Ukraine has managed to earn profit from a cryptocurrency investment he made on behalf of the residents of the Elizavetovka, Dnipropetrovsk region. Earlier this year, Maxim Golosnoy bought a small amount of cryptocurrency using his own savings and has recently distributed dividends to the […]

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December 11, 2018 0

Steady Rise in Small Businesses Accepting Bitcoin Payments in Kenya

Steady Rise in Small Businesses Accepting Bitcoin Payments in KenyaKenyan health services provider Health Land Spa has started taking BTC and other cryptocurrencies as a means of payment with a view to increasing accountability and averting losses. Across East Africa, cryptocurrency acceptance is on the rise, with at least two restaurants in Uganda and Kenya selling food for virtual currencies. Also read: Wirex Introduces Iban […]

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December 11, 2018 0

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This DecemberThere has been a slew of bitcoin mining rigs announced during the last 12 months that claim to process more terahash per second while consuming less energy. However, with cryptocurrency prices so low, lots of newly launched machines are not profitable and many of them haven’t even shipped yet. Also read: Federal Agents Told This Silk […]

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December 10, 2018 0

Federal Agents Told This Silk Road Moderator to Fake His Own Death

Federal Agents Told This Silk Road Moderator to Fake His Own DeathA former administrator from the now-defunct Silk Road marketplace is recounting his story in a tell-all book and movie deal. After being arrested in 2013, darknet moderator Curtis Green was involved in a bizarre conspiracy with corrupt Silk Road investigators and was later told to fake his own death. Also read: Tales From A Dead Man: […]

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December 9, 2018 0

Coinbase Opens the Door to More Than 30 New Cryptocurrencies

Coinbase has announced that it plans to list over 30 cryptocurrencies, with many more to follow. In its largest listing spree to date, the California-based exchange will add dozens of cryptocurrencies in the coming months, including dai, mana and neo. Moving forward, Coinbase ultimately plans to add over 90 percent of “all compliant digital assets.” […]

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December 7, 2018 0

Previously Inactive Whales Are Moving Large Amounts of BTC

Earlier this week, armchair sleuths began pointing out that large amounts of cryptocurrency from long-dormant addresses have been on the move. For instance, one wallet that’s been inactive since its inception in 2013 recently moved 66,452 BTC — worth around $245 million — to an unknown address. Hours later, a few more addresses from the […]

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December 6, 2018 0