Bitcoin Ownership: Your Private Keys to Financial Sovereignty

Technology & Security There are a lot of people people who own cryptocurrencies, and then there are those who think they own these digital assets, but in actuality don’t possess the private keys because they are held with a third party. Learning how to securely archive records that hold private keys like a JSON file or exporting, importing, and sweeping can provide people with the basic steps towards really owning bitcoin. Also read: Localbitcoincash.org Revamps Website and Adds New P2P Features Read more …

ARK Core v2 Codebase and DevNet Release Date

Yes, this is the moment most of you have been waiting for – the release date of the new ARK Core v2 codebase for public testing on DevNet (our public test network). This is not a MainNet release, only for our testing DevNet, but the code for v2 will finally be available for the world to see, test and contribute to. We have completely rewritten our core to make it faster, more scalable, more modular, easier to work with and Read more …

Norway’s Largest Bank to Explore Applications for IOTA’s Distributed Ledger Technology

DNB ASA (Den Norske Bank), Norway’s largest financial services group, and the IOTA Foundation (IOTA) have signed a memorandum of understanding (MOU), according to a press release May 31. DNB and IOTA will now reportedly cooperate to explore applications of the IOTA Tangle, a “third-generation” distributed ledger (DLT). According to the press release, the two parties will work together to find new business models across their respective industries. Lasse Meholm, Head of DLT at DNB, said that one goal of Read more …

The EOS Blockchain Launch: What Should Happen (And What Could Go Wrong)

The world’s fifth most valuable cryptocurrency is set to formally release its software this weekend. First announced in 2017, the EOS project has been fundraising for nearly a year, raising a reported $4 billion in what many are claiming is the largest amount ever collected by a team creating a custom cryptocurrency. As such, the launch, expected for Saturday, has come with no shortage of hype. The fervor around the unveiling is, in part, due to the diverse discussions long surrounding Read more …

Waves Addresses Wave of Fake News, Is Already Headquartered in Switzerland

Waves, a popular open-source blockchain platform that allows users to launch their own custom cryptocurrency tokens, has officially addressed the rumors and false information being published in regards to the alleged liquidation of the Waves legal entity registered in the UK. Fake News Contrary to many unfounded and incorrect reports currently being published in the cryptocurrency-focused media space, the Waves platform is currently not in any danger — quite the opposite, in fact. According to an official statement on the Read more …

Bitcoin Trading Helped Square More Than Double in Value Last Year

Shares of payment firm Square Inc. more than doubled in value last year, and the company has seen an almost 50% increase in its stock since it began offering Bitcoin trading to it’s customers in November. Square Sees Stock Prices Soar Thanks to Bitcoin Trading Square added about $8 billion in market value since it rolled out Bitcoin trading in November on its Cash App, used by U.S. customers who want convenient access to cryptocurrencies without the hassle of dealing with centralized exchanges. Read more …

Review: Ledger Nano S Put to the Test

Wallets With over one million units sold, the Nano S is the world’s most popular hardware wallet. A combination of first mover advantage – until recently Ledger had only really had Trezor to compete with – coupled with excellent security and usability have made the Nano S ubiquitous. This week, news.Bitcoin.com took delivery of a brand new Nano S and put it to the test. Also read: A Hands-On Review of the Keepkey Hardware Wallet The Ledger Nano S Reviewed and Read more …

4 Lies Your Economics Professor Will Tell You About Bitcoin

Stop trying to reinvent the monetary wheel with Bitcoin, argues Robert Skidelsky, a member of the British House of Lords and professor emeritus of political economy at Warwick University. [Note: This is an op-ed] Old Man Yells at Bitcoin In an article published last week, Skidelsky draws similarities between gold and Bitcoin, concluding that it’s incorrect to perceive flaws in money itself as the cause of “sick” economies. In other words, boom and bust cycles are natural occurrences, and the Read more …

IMF Official Calls for Regulation, Tech Adoption By Banks to Fight ‘Crypto Competition’

An official from the International Monetary Fund (IMF) suggested that central banks need to make fiat currencies “more attractive for the digital age” in an article published May 31. Deputy Director of the Monetary and Capital Markets Department Dong He suggested three responses to combat potential competition to central banks from cryptocurrencies. First, He stated that, “[Central banks] should continue to strive to make fiat currencies better and more stable units of account.” He stressed the role collective expertise and Read more …

IBM Patents System That Creates Audited Blockchain ‘Checkpoints’

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. IBM has won two patents for a system that verifies the integrity of a blockchain, certifying that it has passed certain audit requirements at particular periods in time. Both patents were approved on May 31 and are related in that they describe certified, audit-able “checkpoints.” The main goal of the checkpoints is to allow businesses to satisfy regulations for data verification and retention when connecting to the network. Read more …

Bitcoin Cash (BCH) Price Technical Analysis (June 1, 2018)

In the last 24 hours, Bitcoin Cash has been scaling up the bull ladder. It’s up two percent and odds are, BCH prices shall continue appreciating in the days to come. Fundamentals are good and despite their full node migration problems after their hard fork, Bitcoin Cash continues to take root. BCH is now available at De Vere and their users can now buy/sell the coins as they wish. All they have to do is download deVere mobile app and Read more …

IOTA, Stellar Lumens, Tron, Litecoin and EOS Price Technical Analysis (June 1, 2018)

Unexpectedly, Tron prices are dipping after mainnet launch. Given the marketing done by Justin Sun and the Tron Foundation, the markets are thirst for action. Savvy programmers on the other hand have something to cheer because should they find a flaw-like those in EOS- they are entitled to a $100,000 reward from Tron foundation. These are the kind of incentives that spur coders or white hats into action benefiting the platform in the process. Before the bounty program ends on Read more …