Confirmed in block 545911, the large bitcoin transaction of 30,000 bitcoin took approximately thirty minutes to confirm and cost around $0.10 in fees. This transaction provides yet another example of just how impactful blockchain and bitcoin will be for a globalized world. A similar international transaction through centralized entities would amount to thousands in transaction

This partnership, announced on Finextra, means every Genmega ATM has the capability to enable LibertyX via a simple update process. This means that the 100,000 Genmega ATMs nationwide can upgrade to start selling bitcoin to consumers. The press release claims this to be the first ATM to integrate debit cards as a payment option for

New Zealand’s new Customs and Excise Act, which went into effect October 01 of this year, expands government officials’ power to seize personal devices, obtain their passwords or keys, and copy information from them. It also allows a fine of $5,000 NZD ($3,200 USD) to be imposed on those travelers who refuse the search (while

A growing number of U.S. colleges and universities are said to have included cryptocurrencies as a part of their endowment. This is a sign of increasing acceptance by institutional investors of the new digital-asset class. Last week, Bloomberg reported that Yale joined a new digital asset fund called Paradigm, helping it to raise $400 million,

Described as bitcoin’s “most powerful adversary,” a new joint research paper by Princeton University and Florida International University examines how the Chinese government can directly impact the decentralized bitcoin network by targeting mining operations which are largely hosted in the country. “Bitcoin mining has become heavily centralized due to advances in specialized hardware that render

In an effort to ensure customers fully understand the history behind the food they are about to purchase, the Grass Roots Farmers’ Cooperative, formed by a number of small livestock farmers in Arkansas, are utilizing the Provenance supply chain which is powered by blockchain technology. Modern Farmer details how the adoption of distributed ledger technology

One of the most stigmatizing aspects of bitcoin has been its initial association with a poor illegal to legal use ratio. Many continue to attack the world’s first digital currency for this ratio as if it remains the same today. A Drug Enforcement Administration (DEA) special agent, however, who has been studying the area since

The online and international automotive supply retailer, NewParts, announced a partnership with Shopping Cart Elite which allows the company to offer cryptocurrencies as a payment option. In the company’s press release, the retailer states that it “…is opening its store to customers around the world” by accepting bitcoin (BTC), bitcoin cash (BTC), bitcoin diamond (BCD),

A blog post by BrewDog, a pub chain in London, informs readers that their new Canary Wharf branch, opening Friday October 19th, will accept both Bitcoin (BTC) and Bitcoin Cash (BCH). This limited launch will allow the company to work out any kinks as they plan to “eventually roll out this way of paying into

An article by the Tampa Bay Times outlines how blockchain, the underlying technology of cryptocurrencies such as bitcoin, has improved the efficiency of tracking and delivering aid; especially at the international level. The UN’s World Food Programme (WFP) has experimented with blockchain technology since 2017, managing the aid for over 100,000 Syrian refugee camps in