The Latest Bitcoin News

July, 2018

  • 13 July

    Mobile Wallet App Abra Adds Credit Card Options to Purchase Bitcoin

    Abra announced on a blog post yesterday that bitcoin can now be purchased through their services with a VISA or MasterCard credit or debit card. This option was made possible through a new partnership with Simplex, a company whose technology “allows exchanges, brokers, wallets, merchants, and marketplaces to conduct business online with complete fraud protection.” Some key features of the …

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  • 12 July

    Chicago Board Options Exchange (CBOE) Partners with SolidX in Filing for First Bitcoin ETF

    Progress towards establishing the world’s first Bitcoin ETF took another step forward as the SEC recently published the application of the Chicago Board Options Exchange (CBOE) in partnership with Van Eyck Investment and SolidX. In addition to the CBOE and SolidX, Gemini, the Winklevoss brothers’ crypto exchange, has been the only other exchange to file with the SEC. In March …

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  • 11 July

    Over 100 Companies Participate in Coingate’s Pilot for Lightning Network Bitcoin Payments

    CoinGate, a startup cryptocurrency payment gateway, has announced a pilot project for merchants to begin accepting Lightning Network Payments. Since the soft fork of the Bitcoin Blockchain on August 24, 2017 known as Segregated Witness, second layer solutions for bitcoin scaling, such as the Lightning Network, were now able to be implemented. According to CoinDesk, the participating merchants will “trial …

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  • 10 July

    Bancor Hack Results in Loss of $23.5M

    Bancor, an Israel-based company touting a decentralized cryptocurrency exchange which raised $153 million in ether during their ICO last year, disclosed to the public on 7/10/18 a security breach which resulted in the loss of 24,984 ETH (~$12.5M), 229,356,645 NPXS (~$1M), and 3,200,000 BNT (~$10M). The statement claims “a wallet used to upgrade some smart contacts was compromised” and was …

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  • 9 July

    New Study Predicts Mainstream Cryptocurrency Adoption Possible “Within the Decade”

    According to new research published today from Imperial College London, bitcoin and other cryptocurrencies are the viable “next step” for money and has the potential to go mainstream within the decade. “New payment systems (or asset classes) do not emerge overnight but it is worth noting that the concept of money has evolved – even in our lifetime – from …

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June, 2018

  • 6 June

    Apple Co-Founder Hopes Bitcoin Becomes Internet’s “Native Currency”

    Apple co-founder Steve Wozniak is a believer in Bitcoin and blockchain technology, even though he has admitted that he is not invested. Wozniak was asked about comments made by Square and Twitter CEO Jack Dorsey, who stated that he hopes that bitcoin becomes the internet’s Native currency – Wozniak affirmed that he shares that hope on CNBC Monday, “I buy …

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  • 4 June

    Bitcoin Center NYC’s Satoshi Square – This Thursday at 7pm!

    The Bitcoin Center’s iconic Satoshi Square meetup returns for the night of Thursday, June 7th 2018. Join us for an evening of speakers, cryptocurrency discussion, and peer-to-peer trading. Note: We will be holding this meetup on the first Thursday of each month from now on! The last event was shoulder-to-shoulder standing room only, so be sure to arrive early! We …

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  • 4 June

    Ripple Makes Plans to Allocate $50 Million Into Academic Research on Blockchain

    According to an announcement, Ripple is creating the University Blockchain Research Initiative (UBRI) in a move to bolster academic research on blockchain technology. Ripple states that they are setting aside $50 million to fund the initiative, as well as provide their own expertise and technical expertise. Ripple aims to collaborate on Research and development that will “stimulate understanding and innovation” …

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May, 2018

  • 31 May

    Chinese Exchange Huobi Announces Move Into Brazil

    Huobi, a top 5 cryptocurrency exchange by volume based out of China has confirmed that they are expanding their operations into Brazil, according to a report from Coindesk. Executives were seen earlier this week networking at a local Brazilian event. Further, a report from a Brazilian cryptocurrency news source suggests that Huobi has already set up an office in the …

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  • 30 May

    Blockchain receives Chinese President’s Endorsement as ‘Economic Breakthrough’

    China’s President, Xi Jinping publicly acknowledged the potential of blockchain technology this week, his first public endorsement of the technology. This Monday, while speaking at an annual academic conference, Xi stated that he believes blockchain to be a critical part of a technological revolution, stating “Ever since the start of the 21st century, a new generation of industrial revolution is …

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  • 24 May

    Despite Ban, ICOs Still Popular in China

    China’s Central Television (CCTV), the highest level mouthpiece of the Chinese government, lashed out at domestic  initial coin offerings, known as ICOs, saying that they are still ‘rampant’ despite the country’s 2017 ban. The state media outlet stated that the ICO ban issued last September has not deterred local investors, and that instead a get-rich-quick mentality is driving the rush …

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  • 22 May

    Bitcoin on the Lightning Network

    Segregated Witness (SegWit), a soft fork of the Bitcoin Blockchain implemented on August 24, 2017, was an update which effectively increased the bitcoin block size limit and allowed for the implementation of second-layer solutions for issues concerning scalability. One of these second layer additions to the Bitcoin blockchain is a payment protocol known as the Lightning Network (LN). Although its …

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  • 12 May

    Market Takes Downturn as Korean Exchange is Raided

    Coindesk Korea reports that UpBit, the largest Korean exchange was raided on May 10-11 for allegedly selling cryptocurrency to their customers that they do not actually hold.   Investigators have seized hard disks and accounting documents through confiscation and will be analyzing them for the next few days.   This news comes shortly after the country had announced that they …

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  • 10 May

    BitcoinCenter Alumnus Runs for New York Attorney General

    Manny Alicandro, an alumnus of Bitcoin Center NYC events and classes, is currently running for New York State Attorney General, following the news surrounding Former AG Eric Schneiderman’s resignation. Alicandro is a former employee of Nasdaq from 2003 to 2014, where he was going to law school part time. After earning his degree, he left the exchange to work as …

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  • 8 May

    Institutional Adoption: New York Stock Exchange to Let Customers Buy Bitcoin

    The Owner of the NYSE is reportedly contemplating letting customers buy and hold Bitcoin. This would be the second Wall Street giant to open up to cryptocurrency this week.   The New York Times reports NYSE owner, Intercontinental Exchange (ICE) is planning to offer traders contracts that will eventually result in customers owning the cryptocurrency.   This comes days after …

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