Does Bitcoinica Founder Zhou Tong Have Some Explaining To Do?

Did Bitcoinica founder Zhou Tong steal funds, return a part of them, then pay someone to keep it quiet? Well that would seem to be the impression created by the latest revelation contained in a Youtube video discussed on Reddit.      Bitcoinica – Some Background Zhou Tong founded Bitcoinica in 2011 at the age […]

The Biggest Bitcoin Forums & Communities On The Web

Recent controversy regarding alleged censorship at popular Bitcoin forums Bitcoin Talk and r/Bitcoin on Reddit in recent months has led to an exodus away from those previously popular forums. This brain drain has left people wondering if these forums are dying out. For that reason, CCN has put together a list of growing forums revolving […]

South Korean Authorities Crack Down on Bitcoin Scams

With the myriad of altcoins being introduced these days, some investors have had trouble telling which ones are legitimate and which ones are bitcoin scams. In South Korea, law enforcement officials have begun investigations on alleged pump-and-dump schemes wherein demand and volumes are artificially boosted before the altcoin is out of existence. In addition, the […]

Instant Cryptocurrency Exchange ShapeShift Raises $1.6 Million

ShapeShift announced today that it had completed its fundraising of $1.6 million USD. ShapeShift is an exchange that allows users to transfer Bitcoin for dozens of other cryptocurrencies without any accounts or personal information being shared. Barry Silbert’s Digital Currency Group and Roger Ver were the lead investors in this round. Bitfinex, Bitcoin Capital led […]

Is Bitcoin Scaling a Workaround to the Block Size Issue?

The block size debate has been going on for quite some time now, prompting developers Andresen and Hearn to create a new version of the bitcoin software and force the network to a hard fork. The hope is that the system can make the decision itself based on consensus, which is typically how the network […]