As Bitcoin Price Surges, Tim Draper Says ‘It’s Bigger Than the Internet’

As the Bitcoin price continues to surge, trading at a 4.26% increase in the last 24 hours, the prominent investor and Bitcoin advocate, Tim Draper, says it’s ‘bigger than the internet.’ Venture capitalist Tim Draper remains ever so bullish regarding the prospects of Bitcoin. The early investor in Skype, Hotmail, and Tesla bought some 30,000 units of the largest cryptocurrency by market capitalization back in 2014 in a U.S. Marshals Service auction and revealed that he is still holding all of them. If that’s true, this means that he’s holding…

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Bitcoin Cash Proponents Prepare for the Largest Block Size Increase Ever

In a little more than three weeks time the Bitcoin (BCH) network will hard fork by upgrading its block size to 32MB and incorporate additional functionalities to the protocol. Currently, the entire community is steadily preparing for the consensus change as development teams release new code, while users and infrastructure providers upgrade their full node implementations. Also read: Five Reasons Why Bitcoin Cash is About to Win Big The BCH Network Will Perform the Biggest Block Size Increase in History   The decentralized cryptocurrency bitcoin cash and its network will be…

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Philippines Senator: Harsher Punishment for Crypto Crimes

If Senator Leila de Lima has her way, crypto criminals in the Philippines will be facing tougher punishments for their crimes. Bitcoin’s fantastic price rise last year prompted interest from both seasoned and novice investors. It also garnered the attention of scam artists and fraudsters focused on taking advantage of their victims’ naivete with regard to investing in cryptocurrencies. If it Sounds too Good to be True… The fact that digital currencies aren’t governed by any authorities means that crypto enthusiasts need to be extra vigilant, especially of investment opportunities…

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Ether & Ripple Doomed As Securities According to Regulation Expert

Former Obama administration financial regulator Gary Gensler believes cryptocurrencies such as ether and ripple appear as unregistered securities, and in current violation of the law. His comments carry considerable weight in the broader financial community. They also come after venture capitalists and lawyers invested in ether projects met secretly with the US Securities and Exchange Commission (SEC) to head off such regulation. Spokespeople for both coins insist they’re not securities.   Also read: Telegram Urges Paper Airplane Protest, Pussy Riot Activist Arrested Ether and Ripple Might Be Securities Former Obama…

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Vinny Lingham Interview: Scaling, Securities and Bitcoin Extremism

One of bitcoin’s leading luminaries, Vinny Lingham has an opinion on everything and an uncanny ability to sense market movements, earning him the moniker of Bitcoin Oracle. News.Bitcoin.com caught up with the serial entrepreneur to get his thoughts on bitcoin cash, Lightning Network, token models and more. Also read: Five Reasons Why Bitcoin Cash is About to Win Big Vinny Lingham on Regulation On April 20, over 1,000 delegates gathered at the Fairmont in Santa Monica for Start Engine’s ICO Summit 2.0. The event began sharply at 8:30am, with Vinny Lingham…

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Bitcoin Private (BTCP) Surges Past ZCash — Did You Claim Yours?

If you even passively follow the cryptocurrency market, you’ve probably taken notice of Bitcoin Private – a lovechild of sorts hard-forked from both Bitcoin (BTC) and ZClassic (ZCL) which has been on an absolute tear as of late. What you may not realize, however, is that you might be entitled to share in the spoils. Silent Assassin In case you didn’t realize, Bitcoin Private (BTCP) has been killing it lately. In early March, Bitcoinist predicted that BTCP should easily approach the highest market cap of any fork of BTC, having…

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Half of the ICO Money in Russia Went to Pyramids

Russian ICOs attracted a total of $300 million last year but half of the funds went to financial pyramids, according to the Russian Association of Cryptocurrencies and Blockchain. The organization that represents the crypto community in the country is now working on an ICO standard to help investors distinguish real projects from fraudulent schemes. Russian ICOs account for 10% of global volume. Also read: Russia’s Supreme Court Overturns Decision to Block Bitcoin Website Russia Expects Up To $1.5 Billion from Coin Offerings At least $150 million dollars raised by Russian…

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As Blockchain Becomes a Game Changer for Influencer Marketing, AdTech Platforms Wants to Lead the Way

For many, the term “blockchain” may seem synonymous with bitcoin or cryptocurrency in general. It’s a logical connection to make, but blockchain technology is so much more than that. As a powerful distributed ledger technology, blockchain has the potential to positively transform many existing lines of business. One of the areas set to benefit the most from the burgeoning technology is advertising and marketing, especially in the form of influencer marketing. According to Werner Geyser, founder of Influence Marketing Hub: Influencer marketing provides a huge opportunity for brands to deliver…

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Investors are Increasingly Choosing Bitcoin Over Gold

Gold has always been the primary standard by which we measure value, thanks to its continued demand as a currency, store of value and speculative asset. However, Bitcoin — often likened to “digital gold” — is causing investors to question gold’s dominance. A New Challenger Emerges Bitcoin’s first true challenge for gold’s throne came when the dominant cryptocurrency surged from under $1,000 to roughly $20,000 in 2017. At the same time, the price of gold was stagnating around $1,200 per ounce — causing almost everybody involved in finance and investing…

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If You’re a Wikipedia Contributor, Owning Cryptocurrency May Be a Conflict of Interest

The web’s favorite crowdsourced encyclopedia has just edited its own behavioral guidelines. Wikipedia’s “Conflict of interest” (COI) page outlining etiquette for its 140,000 active editors now includes a reference to cryptocurrency. If you’re editing pages about crypto, the mere act of owning cryptocurrency may preclude you from doing so. Also read: Telegram Urges Paper Airplane Protest, Pussy Riot Activist Arrested Wikipedia Is Conflicted on Cryptocurrency According to Wikipedia, any external relationship its contributors hold – including a relationship with cryptocurrency – could present a conflict of interest. Its COI page states:…

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