Home » Tag Archives: 2017

Tag Archives: 2017

Bitcoin news roundup, June 25, 2017

This week’s summary of various cryptocurrency news and developments: New developments: SegWit2x, a bitcoin scaling proposal, has been signaled by over 80% of the bitcoin network Back in May, the Digital Currency Group (DCG), one of the industry’s largest investment firms led by Barry Silbert, revealed a new bitcoin scaling proposal. Essentially, a group of 58 companies, representing 83.3 percent ... Read More »

GDS 2017 and the Media: Cocaine, MDMA, and Mushrooms

The Global Drug Survey 2017 brought some results that the internet found more interesting than others. For instance, some mainstream media outlets—even those without prior knowledge of the Global Drug Survey—wrote about the study’s findings on mushrooms. Another one, changes in MDMA’s average purity interested not the media, but even some of the core research team behind GDS. As mentioned ... Read More »

Bitcoin news roundup, June 18, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Bitmain announced a UASF contingency plan, the User Activated Hard Fork (UAHF) Bitcoin’s scaling debate is getting harder and harder to follow. A part of the Bitcoin community is to activate the BIP 148 User Activated Soft Fork (UASF) on August 1. The plan is to only accept blocks ... Read More »

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Bitcoin Price Analysis June 13 2017

The Flippening Bitcoin’s teething problems have not gone unnoticed. This week, Ethereum came closer to surpassing the market cap of Bitcoin. ETH price broke past $300 to an all time high of $400, backed by mainstream media and speculator bids on the flippening. Bitcoin’s scaling deadlock and high transaction fees, have led to doubt amongst investors over its continued dominance ... Read More »

Bitcoin news roundup, June 11, 2017

This week’s summary of various cryptocurrency news and developments: New developments: A CNBC commentator claims Bitcoin could reach $1 million thanks to ransomware CNBC commentator Jim Cramer, on the show “Squawk on the Street”, recently responded to a previously made comment by Business Insider CEO Henry Blodget who said Bitcoin could reach $1 million. According to Cramer Bitcoin could reach ... Read More »

Bitcoin news roundup June 4, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Ross Ulbricht’s life sentence appeal has been denied Silk Road founder Ross Ulbricht saw his life sentence appeal denied this week by the U.S. District Court of Appeals. Ross Ulbricht’s legal team argued that the IP addresses central to the case were obtained without a warrant and as such, ... Read More »

Altcoins mania – The year of 2017 is the year of altcoins

Since the genesis block was mined on bitcoin’s blockchain, the market capitalization of cryptocurrencies has never witnessed the rate of growth we have been experiencing since the beginning of the year 2017. The gains were sometimes even astronomical e.g. Litecoin’s (LTC), Ethereum’s (ETH) as well as Ripple’s (XRP) price each increased by more than 1000% since the beginning of the ... Read More »

Bitcoin news roundup May 28, 2017

This week’s summary of various cryptocurrency news and developments: New developments A bitcoin scaling agreement has been reached According to an announcement published by the Digital Currency Group, a bitcoin scaling agreement has finally been reached. The agreement was met by a total of 56 companies that represent 83.28% of the network’s hash power, including several prominent organizations such as ... Read More »

Bitcoin news roundup, May 20, 2017

This week’s summary of various cryptocurrency news and developments: New developments: WannaCry ransomware campaign netted hackers nearly $100,000 in bitcoin A massive global ransomware campaign using a strain known as WannaCry, carried out by an unknown author, recently hit organizations in nearly 100 countries using an NSA exploit and demanded a bitcoin ransom in return for the victims’ files back. ... Read More »

Bitcoin news roundup May 14, 2017

This week’s summary of various cryptocurrency news and developments: New developments: There are over 150,000 unconfirmed bitcoin transactions Unconfirmed bitcoin transactions reached an all-time high this week, as according to Blokchain.info the number got as high as 160,000 – at the time of press, there are currently 156,900. It isn’t yet clear what caused a spike in the number of ... Read More »

Bitcoin news roundup, May 6, 2017

This week’s summary of various cryptocurrency news and developments: New developments: OneCoin lawyers are threatening news outlets and whistleblowers The OneCoin organization, according to TheMerkle and Bitcoin.com, has threatened to sue media outlets and whistleblowers that point the finger at their operations. This week, two bitcoin proponents – journalist Friedemann Brenneis and bitcoin enthusiast Bjorn Bjercke – came forward with ... Read More »

Bitcoin news roundup April 30, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Understanding Antbleed, bitcoin’s new controversy After the AsicBoost controversy, bitcoin now has the antbleed controversy to deal with. Essentially, a mining chip vulnerability involving controversial company Bitmain could be used to remotely shut down bitcoin mining hardware, as the company added a “backdoor” that allows them to control hardware ... Read More »

Bitcoin news roundup April 23, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Litecoin to implement Segregated Witness Litecoin’s scaling debate is seemingly coming to an end, as miners and developers reached an agreement over the future of one of the largest cryptocurrencies. The agreement came after an 8-hour long meeting on WeChat between miners and developers. The final decision was to ... Read More »

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Bitcoin price analysis April 21 2017

The price of Bitcoin looks ripe for an attempt to break past the all time $1350 high on Western exchanges. In fact, a significant segment of the market is extremely bullish with forecasts as high as $1400, $1600 and even $2000. Since the sharp sell off to $891, after the $1350 pre-ETF announcement high, price has been going up in ... Read More »

Bitcoin news roundup 15 April, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Support for a UASF has been building up Last week, DeepDotweb reported some miners were allegedly engaging in unfair practices that can harm the network, and that was just one more chapter of bitcoin’s seemingly never-ending scaling debate. News of these alleged practices created a movement, as many believe ... Read More »