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Tag Archives: news

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 »

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 »

Bitcoin news roundup, April 8, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Some miners are allegedly engaging in unfair practices that can harm the network Bitcoin Core developer and Blockstream CTO Greg Maxwell recently alleged through a bitcoin mailing list that a major mining hardware company has been exploiting a known weakness in bitcoin’s proof-of-work system, allowing the company to mine ... Read More »

Bitcoin news roundup April 2, 2017

This week’s summary of various cryptocurrency news and developments: New developments MasterCard survey shows European shoppers are wary of digital currencies According to CoinDesk a survey conducted by MasterCard shows European consumers don’t seem to be too fond of digital currencies when paying for things online. The survey reportedly polled nearly 43.000 people between the ages of 18 and 64, ... Read More »

Bitcoin news roundup, March 26 2017

This week’s summary of various cryptocurrency news and developments: New developments: A bitcoin scaling meeting may take place in May According to CoinDesk, a small group of bitcoin industry leaders, developers, and miners plan on discussing the cryptocurrency’s future in a meeting taking place in New York, in May. A notice including a list of potential guests was posted to ... Read More »

Bitcoin news roundup March 19, 2017

This week’s summary of various cryptocurrency news and developments: New developments: A code bug exploit knocked nearly 70% of Bitcoin Unlimited nodes offline On March 14, nearly 70% of nodes running Bitcoin Unlimited (BU) were knocked offline, after a bug in the software’s code was found. The bug was first flagged by a BU developer, but then spread on social ... Read More »

Bitcoin news roundup, March 5, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Self-proclaimed bitcoin creator Craig Wright is filing numerous blockchain-related patents Craig Wright, the Australian businessman who has, in the past, claimed to be Satoshi Nakamoto, was recently on the news due to an investigative report published by Reuters. The report claims Craig Wright is filling dozens of blockchain-related patents, ... Read More »

Bitcoin news roundup, February 26, 2017

This week’s summary of various cryptocurrency news and developments: New developments: The Chinese province of Sichuan is becoming the country’s bitcoin mining capital According to the China Money Network, bitcoiners keep on trying to move to mountainous regions where mining equipment can naturally be cooled down without the need for additional resources. This has led to an exponential growth in ... Read More »

Bitcoin news roundup, February 19, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Former president of Bank of China claims it’s impossible to kill bitcoin L H Li, former president of state-owned Bank of China, the fifth largest bank in the world, claimed that it is now impossible to take down bitcoin, in an interview for China’s predominant state broadcaster, CCTV. According ... Read More »

Bitcoin news roundup, February 12, 2017

This week’s summary of various cryptocurrency news and developments: New developments: China’s central bank threatened to shut down bitcoin exchanges The People’s Bank of China (PBOC), China’s central bank, released a statement in its website, where it laid out a warning issued to several bitcoin exchanges in a meeting. Notably, the People’s Bank of China told exchanges not to take ... Read More »

Bitcoin news roundup, February 5, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Fidelity Charitable revealed it received $7 million in bitcoin donations last year Fidelity Charitable, an independent American charity, recently announced bitcoiners donated the equivalent of over $7 million in 2016. The organization gave people the option to donate in bitcoin back in November 2015, hoping the move would provide ... Read More »

Bitcoin news roundup January 29, 2017

This week’s summary of various cryptocurrency news and developments: New developments: China’s largest exchanges enforced trading fees Due to the People’s Bank of China’s involvement in the bitcoin trading market, China’s biggest bitcoin exchanges (Huobi, BTCC, and OKCoin) are now charging trading fees of 0.2 percent for every transaction. The official reason behind the move is to “curb market manipulation ... Read More »

Bitcoin news roundup, January 22, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Coinbase CEO claims battle with the IRS could cost the startup $1 million Last week, DeepDotWeb reported a new court filing showed Coinbase was ready to fight the IRS in order to stop it from getting to its user records. Coinbase has already claimed this was an “extraordinarily broad ... Read More »

Bitcoin news roundup January 15, 2017

This week’s summary of various cryptocurrency news and developments: New developments: New court filing shows Coinbase is ready to fight the IRS The IRS’ attempt to obtain Coinbase’s user records was contested by Jeffrey Berns Esq. The IRS and DOJ wanted to stop Mr. Berns from interfering in the summons, arguing he had no legal basis as reported by Deep ... Read More »