Bitcoin Price Dips Closer to $400 Following Network Disruptions
While the bitcoin network’s capacity challenges generated substantial visibility this week, the digital currency enjoyed robust trading volume.
Bitcoin Classic Hard Fork Likely to Activate at 71% Hashrate Support
Bitcoin Classic, an attempt to implement an alternative version of the Bitcoin protocol with a higher block size limit, has been one of the biggest stories in the blockchain space over the past few months, and one of the key areas of debate over this new software client has to do with the 75 percent […]
R3 Tests Its Blockchain Network With 11 Leading Banks
Eleven member banks of the R3 consortium, a collaborative group of the world’s largest and most influential banks and financial institutions, including Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of Australia, HSBC, Natixis, Royal Bank of Scotland, TD Bank, UBS, UniCredit and Wells Fargo have connected on the centralized Ethereum-based blockchain network. During the […]
Bitcoin Miners and Core Developers Release SegWit, Hard Fork Agreement
On February 21, representatives of the Bitcoin mining industry as well as the Bitcoin Core team met in Hong Kong to discuss a solution to the Bitcoin block size scaling problem. After meeting for more than 18 hours, they released a statement with agreement on several points about the debate. The statement was agreed upon […]
JPMorgan Unveils ‘Juno’ Prototype at Hyperledger Blockchain Meeting
JPMorgan has unveiled a blockchain project dubbed Juno, presented this week at a meeting of the Hyperledger Project.
Blockchain Startup to Secure 1 Million e-Health Records in Estonia
Guardtime is to deploy a blockchain system to secure over 1 million patient records within Estonia’s eHealth programme.
Explosive first week for mining hardware provider Mining Palace
Bitcoin Press Releases: “ROI before the halving!” Does that sound good. Well Miner Palace thinks so too. How’s this for a great deal on mining hardware, $700 Spondoolies SP31, or try a $350 Antminer S4+. These are the low prices customers are flocking to at Miner Palace (www.minerpalace.com), a U.S. storefront for Bitcoin, Blockchain, and PoW […]
40 Global Banks Run Blockchain Tests from Multiple Vendors
The R3-led blockchain consortium of the world’s biggest banks has completed their second known proof of concept experiment of blockchain technology with trials spanning five different blockchain solutions. Forty of the world’s biggest banks that are partners in the private blockchain consortium led by New York-based blockchain-tech startup R3 have tested distributed ledger systems from […]
Bitcoin’s Capacity Issues No ‘Nightmare’, But Higher Fees May Be New Reality
CoinDesk analyzes the recent decrease in transaction capacity on the bitcoin network and its affect on bitcoin users.
South Africa’s Biggest Online Marketplace Adds Bitcoin Payments
Bidorbuy, an online auction and marketplace in South Africa and among the biggest e-commerce platforms in Africa has included bitcoin as a mode of payment for users – buyers and sellers in the marketplace. Major African e-commerce platform Bidorbuy has enabled bitcoin as a payment option for product purchases, as reported by local bitcoin publication […]