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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 …
The Latest Bitcoin News
August, 2017
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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2 August
How To Get Your Bitcoin Cash (BCH)
Yesterday, August 1st, the Bitcoin Blockchain experienced a hard fork, as we reported on in our last article. This fork brought with it a new form of cryptocurrency in the form of Bitcoin Cash (BCH). Everyone who has bitcoin in their wallet from before the fork automatically has the same amount in Bitcoin Cash. The problem lies in that one …
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1 August
In the Face of a Fork, Bitcoin Shows No Signs of Slowing Down for “Bitcoin Cash”
Today, August 1st, 2017, the bitcoin network experienced a hard fork. This means that a portion of the Bitcoin community, particularly a large mining group, left the original Bitcoin blockchain and instead mine “Bitcoin Cash”, while the rest of the community continues to use the original blockchain. Although there is a group of Bitcoiners want to abandon Bitcoin in favor …
June, 2017
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7 June
Gladiacoin: Probably A Ponzi
With the cryptocurrency industry catching investors eyes, it is important to distinguish scams from legitimate companies. On the previous post about ICOs, we discussed the steps and importance of conducting research before investing. GladiaCoin is a great example of a company that does not satisfy the important components: team, mission, social media, and history. After a thorough analysis, it became …