Month: February 2018

Blockchain technology has the potential to reinvent a huge number of existing global industries, with companies right now trying to shake-up every space, from travel to communication. But it’s not just limited to mainstream sectors. Blockchain technology is also being used to tackle issues that exist in industries that might be considered fringe but, at the same time (and almost as a result of this categorization), can benefit as much or more from a blockchain shakeup than can more traditional sectors. One of these industries is the medical and recreational…

Read More

Coinbase has stated its commitment to introduce SegWit compatibility in “a few weeks,” fulfilling a promise made to customers in late 2017. Final Testing Confirmed In a tweet Monday, the largest US exchange and wallet provider repeated claims made late last year that SegWit – as a “feature” – was less of a priority for developers than security and performance. “Our engineering team has begun the final testing phase of SegWit for Bitcoin on Coinbase. SegWit compatible Bitcoin sends/receives will be available for customers in the next few weeks,” staff…

Read More

Telecoms firm T-Mobile found itself on the end of a lawsuit this weekend after a customer accused them of allowing hackers into his wireless account. The security breach resulted in the theft of cryptocurrency to the sum of thousands of dollars. It was reported that Carlos Tapang of Washington State blamed T-Mobile for having lax security, which resulted in the hack and resultant theft. The suit states that the company improperly allowed wrongdoers to access his wireless account in November last year. Crypto Crimes Once in the system, the hacker…

Read More

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. SINGAPORE – Selected for Investors Award out of 16 other ICOs, the world’s first Blockchain & A.I. driven marketplace from dating, courtship to marriage, Viola.AI celebrates the 3rd place win at the biggest ICO Pitching Competition at Cayman Islands on 30 January 2018, organized by…

Read More

Last week, an enigmatic and fiendishly tricky puzzle that had baffled bitcoiners for years was finally solved. In the process, it earned the individual who cracked it a 5 BTC jackpot and brought new acclaim to the team behind the project. After being launched in 2015, at the height of the bitcoin bear market, the puzzle attracted a flurry of interest. As the months passed and no one stepped forward to claim the prize, interest in the puzzle waned, until last week’s sudden news that its mysteries had been decoded.…

Read More

Some of Australia’s biggest banks confirmed they won’t prevent customers from buying and selling Bitcoin with credit cards, unlike some of their counterparts in the UK and US.  ‘No Restrictions’ Following a different approach than Lloyds Banking Group, JP Morgan, Bank of America, and Citigroup, Australia’s biggest banks currently have no plans to bar their customers from buying and selling Bitcoin with credit and debit cards. ANZ told ABC news that it “does not prohibit customers buying digital or cryptocurrencies, or accepting them as a form of payment.” However, ANZ’s…

Read More

Watch out Canada! New York wants a piece of the bitcoin mining market, securing for its residents revenues and jobs that come along with the electricity intensive process. Bitcoin mining might even help revive local economies that once relied on polluting industries.  Also Read: Senate of Nigeria Launches Probe of Bitcoin Trading in the Country Mining Up North St. Lawrence River, Massena, New York The New York Power Authority has approved the allocation of 15,000 kilowatts of hydroelectric power to a new bitcoin mining venture by Coinmint, the North Country…

Read More