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. BlokForge, one the nation’s largest suppliers of cryptocurrency mining hardware, is announcing the grand opening of its 2,000 sq. ft. retail location in Mesa, Arizona. The new store will carry over 20 product SKU’s from the largest brands in the world such as Canaan Creative.…
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Lightning Network Can ‘Redefine Global Trade’ By 2021 as ‘Lapp’ Launches
Blockstream has unveiled a Lightning Network app or ‘Lapp’ as the user-friendliness of the revolutionary Bitcoin technology continues to increase. Blockstream Takes On Content Control The first of seven so-called ‘lapps’ – or Lightning apps – FileBazaar allows content creators to offer digital items such as photos on a pay-per-view basis. They then use the Lightning Network to receive payments from consumers to view the content. Lightning Network popularity is surging in 2018, with over 2000 channels actively operating this month and investment in the technology beginning to pour in.…
Read MoreOECD Warns Crypto and Blockchain is Challenging Tax Transparency
The Organization for Economic Cooperation and Development (OECD) has issued a report to the G20 finance ministers and central bank governors. The report examines the accomplishments and aims of the OECD in advancing its efforts to “redefine the international landscape,” identifying new technologies cryptocurrencies and distributed ledger technology as posing unique challenges to “tax transparency.” Also Read: Monthly Web Traffic for Major Bitcoin Exchanges Falls by Half OECD Discusses International Tax Agenda The report asserts that the OECD, with assistance from the G20, has made “enormous strides” in implementing the OECD’s…
Read MoreMonthly Web Traffic for Major Bitcoin Exchanges Falls by Half
The disappointing price performances of the cryptocurrency markets in January and February have apparently driven many bitcoin traders to avoid checking on their exchange accounts. Estimations of the total number of visits to the trading venues based on web traffic show a sharp decline month over month. Also Read: University Student Gang ”Breaking Bad” Jailed For Dealing $1M+ in Drugs for Bitcoin Exchange Traffic Takes a Nosedive The total number of visits at the websites of major bitcoin and cryptocurrency exchanges has crashed in February. Generally speaking, looking…
Read MoreChinese Exchange Bitasia Now Supports 0-Confirmation BCH Transactions
Earlier this week the Chinese exchange Bitasia announced it started accepting zero-confirmation transactions for bitcoin cash (BCH) for instant trading. The trading platform is one of the first exchanges to enable zero-confirmation transactions so traders can use the platform as quickly as possible. Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining Chinese Exchange Bitasia Adds Zero-Confirmation Support for BCH Deposits The Chinese exchange Bitasia is a trading platform that allows traders to swap a variety of cryptocurrencies including ETH, LTC, ETC, BTC, BCH, and more. This week the…
Read MoreUpbit Exchange to Launch Korea’s First Cryptocurrency Index
Upbit, South Korea’s second largest crypto exchange, is planning to launch a new cryptocurrency index called UBCI (Upbit Crypto Index). The concept is to provide a standard index which can measure market conditions by suggesting and creating a coin quote standard. In a report by Business Korea this morning, it was noted that the company operating Upbit, Dunamu, aims to provide this index in order to make it easier for investors to understand overall market trends and the bigger picture. Branching Out In addition to the new cryptocurrency index, the…
Read MoreSnowden on Bitcoin: Blasts Public Ledger and Core Developers
The world’s most famous whistleblower, Edward Snowden, gave a dynamic, wide-ranging interview to Peter Van Valkenburgh during Blockstack Berlin 2018. Mr. Snowden discussed ongoing issues of privacy and cryptocurrency, his preferences, and revealed how bitcoin helped him in his most historic hour. He also took the opportunity to chide growing crypto tribalism, calling out maximalists, and insisted bitcoin core developers need to up their collective game. Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK Edward Snowden Gives State of Crypto Remarks “I don’t think bitcoin will last…
Read MoreICO Trackers Are the New Gatekeepers of Crowdsales
The burgeoning ICO industry has spawned a lucrative business for tracker sites that monitor and review the latest projects. Not only do these sites earn lucrative sums for their featured reviews, but the largest have the power to make or break ICOs. Tracker websites have become the unofficial gatekeepers of crowdsales. Also read: Joystream Test Drive — How To Get Paid Bitcoin Seeding Bittorrent Files ICO Trackers Are Growing Stronger Every Day Safe Haven is an ICO addressing the problem of digital inheritance. The project is seeking to devise a means…
Read MoreFacebook Fallout Highlights Importance of Blockchain Technology
The recent Facebook fallout spells bad news for the social media giant. It also highlights the importance of blockchain technology in protecting individuals’ data. In Your Face, Behind Your Back The New York Times and The Guardian’s Observer reported on Saturday that Cambridge Analytica — a political data analytics firm — improperly gained access to more than 50 million Facebook users’ personal data. The social media company did not inform affected users, despite being fully aware of the issue since 2015. In addition to causing significant damage to Facebook’s stock,…
Read MoreCoinbase Glitch Allowed Unlimited Ethereum Balances
On March 21, the San Francisco based exchange Coinbase publicly revealed an ethereum balance glitch that allowed users to manipulate their account balances. Researchers noticed that, by utilizing a smart contract, a person could add as much ethereum as they wanted to their account. Also Read: Survey Says 8% of the American Population Now Own Cryptocurrency Smart Contract Manipulation Allowed Unlimited Ethereum Balances on Coinbase Just recently researchers had found a vulnerability within the Coinbase platform that allows a user to add as much ether as they want to their…
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