The Latest Bitcoin News

July, 2018

  • 19 July

    World’s Largest Asset Manager, BlackRock, Exploring Blockchain & Cryptocurrency Technology

    London’s Financial News reported on Monday that the world’s largest asset manager BlackRock, responsible for $6.3tn in investments, set up a working group to investigate ways to take advantage of the emerging blockchain and cryptocurrency space. This report was then confirmed by BlackRock CEO Larry Fink in an interview with Reuters News: “We are a big student of blockchain,” Fink …

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  • 18 July

    Schnorr: Potentially The Next Big Change to Bitcoin Since SegWit

    Influential developer Pieter Wuille recently proposed a consensus change for a new signature type for bitcoin transactions called Schnorr to the Bitcoin Improvement Proposal (BIP) Github. The 64-byte Schnorr signatures would be used over the elliptic curve secp256k1 to sign transactions.   This upgrade would be the biggest to bitcoin since Segregated Witness (SegWit), though small upgrades occur everyday. It …

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  • 17 July

    Schnorr: Potentially The Next Big Change to Bitcoin Since SegWit

    Influential developer Pieter Wuille recently proposed a consensus change for a new signature type for bitcoin transactions called Schnorr to the Bitcoin Improvement Proposal (BIP) Github. The 64-byte Schnorr signatures would be used over the elliptic curve secp256k1 to sign transactions. This upgrade would be the biggest to bitcoin since Segregated Witness (SegWit), though small upgrades occur every day. It …

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  • 16 July

    Crypto Takes the Hill: Regulators Discuss the Future of Money

    Cryptocurrencies will once again take center stage on Capitol Hill this week. The US House of Representatives Financial Services Committee announced that it is hosting a hearing titled “The Future of Money: Digital Currency” on this Wednesday, July 18. The committee has not yet announced a full list of witnesses at the time of writing, but they have confirmed that …

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  • 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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