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The Latest Bitcoin News

August, 2017

  • 31 August

    Ethereum Co-Founder Partners with Russian Bank

    Vitalik Buterin, a co-founder of Ethereum has recently announced that he created an entity separate from the Ethereum Foundation, Ethereum Russia, and plans to use this to collaborate with Russian banks and universities. As of now, Ethereum Russia is partnered with one university, The National University of Science and Technology (MISIS) as well as one bank, namely Vnesheconombank (VEB) but …

  • 29 August

    “Banking on Bitcoin” lands on Netflix! – Documentary ft. Bitcoin Center NYC

    Banking on Bitcoin is a great documentary to learn more about Bitcoin and its vibrant community. The filmmakers spent months with Bitcoin Center NYC founder Nick Spanos and other prominent characters from the Bitcoin industry. Now that it’s on Netflix, there is no excuse for not having seen this great movie! Look it up or follow this link to watch …

  • 25 August

    ICYMI: SegWit Officially Activated on Wednesday, August 23rd

    As of block 481,824, Bitcoin received its largest protocol upgrade yet. Segregated Witness, or SegWit for short, is the controversial, long awaited modification to the Bitcoin protocol that is effectively increasing the blocksize by about double. SegWit rearranges the blocks that store Bitcoin transaction data in such a way that it is expected that the individual blocks will be able …

  • 17 August

    Bitcoin’s Price Reaches An All-Time High Of Over $4,000 – and At Least One Trader Believes That Is Just the Beginning

    Bitcoin has recently made it through a chain split unscathed, due to the impending lock-in of SegWit, a somewhat controversial solution to Bitcoin’s scalability issues. Shortly after the split on August 1st, which brought us Bitcoin Cash, in addition to Bitcoin, miners continued to signal for the activation of SegWit, an alternative scaling solution to increasing blocksize. SegWit has been …

  • 8 August

    Bitcoin Locks In SegWit (Finally)

    In 2015, a concept to solve Bitcoin’s scalability issue was first proposed. Today, a year and a half later, the widely accepted solution to Bitcoin’s scalability problem has been locked in earlier this afternoon, namely SegWit, or Segregated Witness. SegWit solves part of Bitcoin’s scalability problems by removing signature data from transactions, or ‘segregating’ it, allowing for more transactions to …

  • 7 August

    U.S. Sanctions Bill Includes a Provision on Cryptocurrencies

    Just 5 days ago, President Trump signed a controversial sanctions bill into law that includes a small provision regarding cryptocurrencies. The provision in question states: “[A] discussion of and data regarding trends in illicit finance, including evolving forms of value transfer such as so-called cryptocurrencies, other methods that are computer, telecommunications, or internet-based, cybercrime, or any other threats that the …

  • 7 August

    What is AntShares (NEO) and What is the Reason Behind its Meteoric Rise?

    AntShares (recently re-branded as NEO), a relatively new crypto, has been enjoying a meteoric rise in value in the past month, and as such we should explore why NEO has enjoyed its rise in price – closing in on a $1 billion market cap. Partnerships Fueling the Rise of AntShares NEO, previously AntShares is a Chinese-run blockchain similar to the …

  • 6 August

    German Bitcoin Exchange Voluntarily Hands Over Users’ Information

      Bitcoin.de, the largest German Bitcoin exchange has been voluntarily giving their users’ private information to German police in an effort to crack down on darknet markets. This means that the users of this exchange have been being tracked by law enforcement, simply because they have been using this exchange.   Law enforcement around the world has been pushing to …

  • 3 August

    Gemini & CBOE Team Up For Bitcoin Options Trading

    Earlier this morning Gemini, the cryptocurrency exchange owned and operated by the Winklevoss brothers, announced that they will be providing data to the Chicago Board Options Exchange (CBOE) in an effort to bring forth trading derivatives on cryptocurrencies. The agreement between Gemini and CBOE is a massive step forward for the community, as it is likely that this move will …

  • 3 August

    Updates in the Case Against the BitLicense

    Those of you who have been following the news surrounding New York’s Bitlicense may know of Theo Chino. His case against New York’s infamous Bitlicense (he’s suing the State) has just recently been updated, whether that is a good or bad thing for his case is yet to be seen. The judge who had sided with Bitcoiners, Justice Lucy Billings …