Lugging an AK-47, fighting ISIS in Syria – Amir Taaki has seen some shit. But, through it all, the hacker – best known for writing crypto code in abandoned London flats and creating one of the earliest dark markets powered by bitcoin – has kept the technology at the forefront of his mind. Now, emerging from his latest chaotic period, he’s promoting the idea that the cryptocurrency needs to be taken back from central banks, governments and other powers that be. In his first Read more …
Economics According to multiple reports, Venezuelan citizens suffering from the country’s horrible economy are now playing massive multiplayer online role-playing games (MMORPGs) to collect in-game items and sell them for bitcoin. Also read: Jamie Dimon’s Bitcoin Statements Reported as Market Abuse in Sweden Venezuelan ‘Gold Farmers’ Are Selling Runescape Items for Bitcoin Runescape in-game gold is being sold for bitcoin in Venezuela. Recently there have been many reports of Venezuelans “Gold Farming” on a MMORPG called Runescape. Recent headlines Read more …
So that is another week pretty much done in our bitcoin price trading efforts and it has been a pretty volatile one. When price started to appreciate early on in the week, it looked as though we might be in for a longer-term recovery in the space. However, as the week matured, news out of China continued to put down side pressure on price and bitcoin hasn’t really been able to recover overnight on Thursday. As such, we are heading Read more …
Bitcoin and cryptocurrency have often been associated with ransomware over the past few months. Most types of malware effectively demand a payment in BTC before files are restored. nRansom proves to be a very different creature, as it has no interest in cryptocurrency whatsoever. That is good news for the industry, but the new payment method is even stranger. Victims are asked to send at least 10 different naked pictures to the criminals. It is evident cybercriminals are getting weirder Read more …
One of Australia’s largest utility providers is working with blockchain startup Power Ledger to test a new energy trading platform. Origin Energy works in a number of energy fields, including power plant operation, natural gas processing and both commercial and domestic power delivery. As such, the project will see the company using the trial platform to connect customers who want to either buy or sell excess energy, with blockchain creating an immutable record of where energy is being allocated. With Read more …
JPMorgan Chief Executive Jamie Dimon has laid into bitcoin and digital currencies once again, labeling it a “novelty” that is likely to end badly. “Right now these crypto things are kind of a novelty. People think they’re kind of neat. But the bigger they get, the more governments are going to close them down,” Dimon said during an interview with CNBC-TV18 in New Delhi, India, on Friday. Dimon was concerned that with bitcoin, ethereum and various Initial Coin Offerings (ICOs), Read more …
The recent weeks of Bitcoin volatility, with Bitcoin price hitting an all-time high of $5,000, only to plummet back below $3,000, and then stabilize near $4,000, are a signal of what Bitcoin really needs – regulation. This, at least, is the opinion of the former US Trading Commissioner Bart Chilton in an article published on CNBC. Chilton has been chair of the US Commodity Futures Trading Commission (CFTC), the financial regulatory agency tasked with overseeing the U.S. derivatives markets. The former Read more …
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Lunyr, the first decentralized world knowledge base on Ethereum, has announced that its Private Alpha (called the “Celestial Release”) is now running live on the Ethereum Mainnet. Alpha testers are now able to publish and peer Read more …
The developers behind a bitcoin privacy solution called Dandelion have unveiled a new roadmap that addresses previously discovered code issues. Originally launched in January, Dandelion modifies the bitcoin network’s payment protocol to conceal the original IP address behind a transaction. It does this by breaking that transaction into two parts, nicknamed the “stem” and the “fluff.” The “stem” is the single transaction itself, while the “fluff” is an obfuscation method that occurs after the fact. The proposal was originally opened up Read more …
Regulation The head of the Central Bank of Russia has spoken against the legalization of cryptocurrency at a meeting between President Vladimir Putin and representatives of the Russian business circles and associations. Meanwhile, the finance ministry is drafting a bill to legalize cryptocurrencies such as bitcoin and regulate their circulation. Also read: Russian Governor Invites Cryptocurrency Miners to Set Up Mining Farms in Leningrad Central Bank Worried About Loss of Control Russian President Vladimir Putin at the Meeting. Read more …
One of ethereum’s most highly anticipated scaling projects is preparing to launch a token sale. To be held this October, the initial coin offering (ICO) for Raiden Network will seek to further fund the development of the payments protocol. Led by blockchain consulting firm Brainbot and its co-founder Heiko Hees, the milestone will be the latest for a project first unveiled in 2015 as a way to increase transaction capacity on the world’s second-largest blockchain. According to the entity, funds will Read more …
Emerging Markets On September 20 the Spanish bitcoin payment platform, Bitnovo, announced residents from Spain can now purchase redeemable bitcoin cards at fifty Carrefour retail stores located across the country. Also Read: Spanish University Holds Two-Day Bitcoin & Blockchain Course Loaded Bitcoin Voucher Cards Now Available Throughout Fifty Carrefour Retail Locations The startup Bitnovo is continuing to expand throughout Spain, launching pre-loaded bitcoin cards that can be purchased at over fifty of the well-known Carrefour shops located in Read more …